behemoth

[Dimitri Lascaris @dimitrilascaris]

The NY Times, citing U.S. officials, reports that a U.S. Army Apache helicopter gunship went down near the Strait of Hormuz on Monday, and the two crew members were safely rescued.

“It was not immediately clear whether the Apache was shot down by Iranian fire, experienced mechanical failure or encountered some other problem, said one of the people, who spoke on the condition of anonymity and said the incident was under investigation.

The U.S. military just flushed another $50 million down the toilet.

[Ashish🇮🇳🇵🇸🇮🇷🇱🇧 @barua_82]

This post proves only one thing: the mainstream economics crowd still has no intention of understanding monetary operations in a flexible/managed floating exchange rate system, no serious grasp of what money actually is, and no clue where it comes from.

They keep staring at debt ratios as if numbers on a chart explain economic reality, while ignoring the institutions that create, regulate, and direct money in the first place.

#China began its economic transformation in 1978. Nearly half a century later, the same prediction keeps getting recycled: "China is about to collapse." Yet decade after decade, China continues to build infrastructure, expand industrial capacity, advance technology, and increase its productive capabilities, while the collapse remains permanently scheduled for some point in the future.

The real question is not how long China can continue. The real question is: how long will mainstream economists keep running the same failed narrative before admitting that they never understood the monetary system they claim to analyze?

If China's so-called "debt-fueled illusion" has lasted almost fifty years, perhaps the illusion is not China's economy, but the propaganda masquerading as economic expertise.

From an #MMT perspective, obsessing over debt-to-GDP ratios while ignoring productive capacity, resource mobilization, industrial development, and the monetary relationship between the state and its central bank is like judging an aircraft solely by the amount of fuel in its tanks while refusing to look at whether the engines are actually running.

The mainstream economics gang has been predicting China's imminent downfall for decades.

At some point, the world has to ask whether China is the experiment, or whether the real experiment is how long failed economic dogma can survive despite being repeatedly disproven by reality.

[L'imbruttite de Mancini @leimbruttite]

@paolomossetti Il collegamento tra Kiev e Tel Aviv lo rivendica con orgoglio un giornalista del calibro di Parenzo e chi sono io per dargli torto, sono perfettamente collegate

[Dimitri Lascaris @dimitrilascaris]

This is the current headline on the Guardian website.

Implicitly, the Guardian is asking us to believe that Trump is the adult in the room and that he wants a cessation of hostilities.

In reality, the Trump regime is the driving force behind this catastrophic war.

[StockMarket.News @_Investinq]

Intel just had one of the most stunning single session moves in the history of a $300 billion company and the reason it happened tells you everything about where the AI chip race is headed (Save this).

Google and Nvidia are reportedly in discussions to use Intel as a backup chip manufacturer.

To understand why this is a massive deal, you need to understand the single biggest vulnerability sitting underneath the entire AI infrastructure buildout.

Every serious AI chip in the world, Nvidia's GPUs, Google's TPUs, Apple's chips is manufactured at one company: Taiwan Semiconductor Manufacturing Company or TSMC.

TSMC sits in Taiwan, 110 miles from mainland China, and controls somewhere between 80 and 90 percent of the world's most advanced chip production.

The entire AI supercycle, the $750 billion in hyperscaler capex, the data centers, the Vera Rubin racks, all of it runs through a single geographic chokepoint that could be disrupted by geopolitical events entirely outside the control of any American company.

Google and Nvidia don't want a single point of failure for their most critical supply chain.

Intel is the only US based company with the physical fabs, the engineering talent, and the government backing to serve as a credible alternative to TSMC at scale.

The Trump administration converted billions in planned CHIPS Act subsidies into a 10% equity stake in Intel, effectively making the US government a co investor in Intel's foundry turnaround.

Nvidia invested $5 billion in Intel stock last September as part of a chip development partnership. SoftBank followed with its own investment.

Intel has been building toward this moment for two years.

The company's AI related businesses now account for 60% of total revenue, up 40% year over year, with Intel stock already up over 220% in 2026 before this morning's move.

Apple reached a preliminary agreement for Intel to manufacture certain chips, Google committed to multiple generations of Intel chips across its AI data centers.

Nvidia and Broadcom have both been testing chips on Intel's manufacturing process.

The implications run in two directions.

For Intel, landing Google and Nvidia as foundry customers even for backup production is the validation the market has been waiting years for.

It transforms Intel from a struggling chip designer into a genuine strategic asset for US national security and supply chain resilience, which justifies an entirely different valuation multiple than it was trading at two years ago.

For the broader AI trade, it means the hyperscalers are serious about diversifying away from TSMC dependency which accelerates the US domestic chip manufacturing buildout, benefits the companies supplying equipment and materials to Intel's fabs, and reduces one of the most underappreciated systemic risks in global technology markets.

Intel stock is up 450% in 2026.

It went from being written off as irrelevant to being the most important insurance policy in the semiconductor industry and Google and Nvidia just confirmed they are buying that policy.

[Rand Group @randgroup]

🎌 Japan's Crude Oil reserve was built in 1980. Took 45 years to fill. Took 8 weeks to drain.

[Edoardo Fontana @EdoardoFontana7]

Oggi, a partire da Wikipedia, la Storia di quella Finlandia è manipolata, cercando di minimizzare orrori simili o peggiori di quelli imputati al "nemico russo"

Eppure fu caso notevole: una democrazia parlamentare, pochi milioni di abitanti, complice di crimini su scala inaudita.

[Edoardo Fontana @EdoardoFontana7]

La democratica Finlandia internò in campi di concentramento il ~30% della popolazione civile etnico-russa conquistata, parte della progettata pulizia etnica. Di essi, il 18% (4400) morì nei campi.

Sino a 1 milione i civili stimati uccisi nell'assedio di Leningrado, cui partecipò

[Edoardo Fontana @EdoardoFontana7]

L'esercito finlandese, mobilitato e pronto all'offensiva, conquisterà rapidamente enormi fette di territorio, coerentemente con i piani di annessione e pulizia etnica prebellici per la "Grande Finlandia" - avanzando ben oltre le aree sottratte dall'URSS nella Guerra d'Inverno.

[Edoardo Fontana @EdoardoFontana7]

Il 23 giugno, la diplomazia sovietica chiede a Helsinki di dichiararsi neutrale; reazioni militari sono posticipate.

La Finlandia pare ignorare la richiesta. Non comunica a Mosca la propria neutralità.

L'uso nazista del territorio finlandese nella guerra all'URSS, prosegue.

[Edoardo Fontana @EdoardoFontana7]

Il 22 giugno, i nazisti invadono l'URSS.

Da subito, le forze tedesche operano contro i sovietici sfruttando basi navali e acque finlandesi, mentre la Luftwaffe colpisce l'URSS avvalendosi anche di aeroporti in Finlandia.

Hitler parla pubblicamente di forze finlandesi "alleate".

[Edoardo Fontana @EdoardoFontana7]

Sappiamo che Helsinki pianificò con i nazisti la partecipazione a Barbarossa ben prima del suo inizio: una massiccia mobilitazione preparatoria, lo schieramento di divisioni Wehrmacht in Finlandia, il coordinamento tra eserciti, con l'invasione finlandese prevista per il 14° gg.

[Edoardo Fontana @EdoardoFontana7]

Attenzione alla falsa riscrittura della Storia sull'onda anti-russa.

La Finlandia che invase l'URSS con Hitler nel 1941, non lo fece "perché attaccata".
E fu complice del massacro di <1 milione di civili a Leningrado.

Tesi lungamente smentite riemergono con la guerra d'Ucraina.

[Vladimiro Giacché @Comunardo]

Facendo tutto ciò sono anche gli unici che difendono concretamente il Libano dall’aggressione israeliana, ma immagino che questo sia un dettaglio irrilevante…

[Antonio Di Siena @Antonio_DiSiena]

Secondo Confcommercio il Pil italiano aumenterà del +0,9% nel 2026 e motore della crescita è - guarda caso - il turismo.
Insieme a questo, si stima anche una crescita dei consumi di circa l’1,2%, in particolare - notate bene - per elettrodomestici, mobili e ristrutturazioni di abitazioni. Adesso mettete insieme le informazioni: turismo, ristrutturazioni immobiliari, acquisto di mobili ed elettrodomestici. Perché state pensando proprio ai B&B? Il “welfare surrogato” non è un’ipotesi fantasiosa: è la principale realtà economica del nostro Paese. #turistiacasanostra

[sterzing, non vipiteno groussetcrazia elpandorito @Crosettismo]

fra tutte le stronzate marchionniane, questa rimane di gran lunga la migliore

[mazzetta @mazzettam2]

Trattamento pazzesco per la nazionale del #Senegal all'arrivo negli Stati Uniti.
Star milionarie dello sport trattate come terroristi dal paese ospitante.

[barry with the NED @bonzerbarry]

i24: Israel fears that Trump will restrict freedom of action in Lebanon, and seek to reduce the intensity of the fighting - not only in the Dahiyya district of Beirut, but generally throughout the country • Israeli officials are working around the clock to prevent such a move.

[Βυρωνας-- CENSORED @Brnas05576799]

There's only one thing I find more appaling than the discriminatory treatment of the Iranian football team by the US in the upcoming World Cup 2026 and it isn't that corrupt FIFA allows it. It's the collective silence of 47 other nations that are participating.

[Nate Bear @NateB_Panic]

Israeli media reveals that in late February Iran hit Israel's secret geospatial intelligence Unit 9900 building "hidden inside a residential area." In other words Israel deliberately uses human shields to protect military assets