michael lynch

[Charles Hugh Smith @chsm1th]

What's already abundantly clear but verboten to say as it would pop the bubble of AI valuations and triumphalism is that AI is unaffordable once the direct and indirect subsidies are withdrawn. https://t.co/c2HJ5dW6D5

[Megatron @Megatron_ron]

JUST IN: 🇩🇰🇺🇸 Danish reporter slammed NATO General Secretary Mark Rutte live on camera:

"You sit next to Donald Trump at moments when he talks about conquering Greenland, talks about lashing out at allies like Spain.

Does this have any affect on your self-respect when you sit there and say nothing?"

[Raoul Pal @RaoulGMI]

Everyone has an opinion on why the stock market does what it does.

Earnings. The economy. Who's in the White House. The Fed chair's mood that morning.

Almost all of it is noise.

This chart is 15 years of the Nasdaq 100 plotted against total global liquidity. The correlation is 97%.

When I first saw this I was stunned. A fit this tight meant something much deeper was going on underneath. So I started pulling the thread.

That thread became the Everything Code, the framework I've been building in GMI since 2023. It’s the single most important thing I can teach anyone about how the modern economy actually works.

[Glenna Lynch @Glenna_lynch]

@rtenews We reach for this..justification by comparison too often. In many ways it just smooths the way for accepting the erosion of the Irish quality of life. Home ownership has been at the core of our way of life.
Continuity, community and security. It made us a better place.

[Declan Ganley @declanganley]

No idea what I did to offended Matt Cooper to this level and of course anyone is free to block anyone they wish but although Matt and I would be on different sides politically on some things I’ve always had good time for him and respected him as a voice worth hearing even when, maybe even especially when, I disagree. I’ve also know Matt since I think at least the late 1990’s. Never refused a call or interview from him when he asked. I know there are some others in Irish media that have strongly differing views from me but they haven’t blocked me, nor I think/hope, have I blocked them.

[Carvill John @JohnJCarvill]

Can Jennifer O’Connell or the Irish Times point to one equivalent example where a native Irish man attacked little children outside a primary school.
This hateful opinion piece should not have passed an editor with any sense of equanimity and decency.

[Risteárd Ó hArrachtáin @HarrachtainO]

The absolute consensus among Irish mainstream media on every single issue is remarkable. Across RTE, the Irish Times, The Journal, The (hilariously misnamed) Independent, Virgin Media etc. there’s no diversity of thought, no discord, no dissent on any matter. How is this possible

[Glenn Diesen @Glenn_Diesen]

Censorship goes to new levels in the EU

[Janiesaysyay @janiesaysyay]

Tell the whole truth.

“I have talked to people. I have this idea to let myself be kidnapped and then get a place in Morocco. I am his favourite grandson. It is all going to be a matter of a week or so.”

16 yr old grandson Paul said this to his girlfriend at the time, later his wife.
He started the idea with some small local hoods and eventually it got back to the mob who carried it out.

Paul had left his family, dropped out of school and was partying, drinking, using drugs and living in Rome, barely scraping by.
He came up with the idea of a hoax kidnapping to extort money from the family.

This was a well known rumor at the time in Italy and the U.S. it's why the family didn’t want to pay initially.

[Graham Linehan @Glinner]

"I'm leaving this platform because I said male sex offenders should be placed in female prisons and people keep reminding me."

[Ben Scallan 🇮🇪 @Ben_Scallan]

Public spending exploded under Donohoe's tenure.

[Visegrád 24 @visegrad24]

Justice for 20-year-old Cody Harper!

He’s scheduled to appear at the Birmingham Magistrates’ Court on July 23rd on the false charges of assaulting a police officer.

He risks around 6-12 months in prison if wrongfully convicted.

[Russell @ATLCWorker]

If you can’t afford to pay a living wage, you can’t afford to be in business.

[Paula @Paula8178681]

Victory for Ali Hewson and the posh Killiney residents as the council blocks 32 luxury apartments to protect their “ambiance” and leafy views.
Meanwhile in Kilnamanagh, Tallaght, the locals and councillors objected to overdevelopment and hundreds of apartments with little or no proper parking. Those decisions got overturned anyway. Now it’s chaos on the roads and streets, cars parked everywhere. The area is starting to look more like Peckham.
Rules for thee, but not for me.

[Chris Rose @ArchRose90]

I’ve watched the footage of Birmingham Police and it’s clear that the drunk, white guy was the victim of assault but somehow he was arrested whilst the culprits weren’t.

Another example of two-tier policing which most of Parliament doesn’t want to talk about.

[James McMurdock MP @JMcMurdockMP]

I can’t let this go unchallenged.

That young man was, in my opinion and based on the video below, the clear victim of an assault.

The video shows, for reasons that are entirely beyond my comprehension, the officer steaming directly into the victim.

The officer made no effort to prevent the attack or apprehend the men who had just administered the violence.

What I see in the video is the officer using speed and aggression at the moment of peak danger and confusion against the victim.

The victim then controls himself the moment he realises it is now a police officer attacking him and not one of the multiple men who were attacking him a fraction of a second earlier.

In my opinion Birmingham Police should drop the charges against this young man and ask the officer why she went for the victim on the ground and not the attackers!

[Laura Perrins BL @LPerrins]

As reported by Gript, Coimisiún na Meán have over 300 staff and as of 2024, a total operational spend of €30.4 million, of which €12.7 million went towards wages. It has a further 25 staff who receive in excess of €100,000. Of these, four senior members pull in between €180,000 and €200,000 annually, while 21 others sit in the €100,000 to €150,000 bracket.
https://t.co/Y5AUEdV6Pz

[Robert Prechter @RobertPrechter]

This chart, published in Grant's Interest Rate Observer, shows that investors in the summer of 2026 are paying 3.6 times sales for stocks in the S&P Composite index.

That's nine times the multiple of 0.4 that they were paying in the summer of 1982. There is no economic reason why people should value sales so differently.

But there is a socionomic reason: Waves of social mood, governing fluctuations in optimism and pessimism, account for such changes.

The current overvaluation of corporate shares is not just extreme; it's epic.

[TheJournal.ie @thejournal_ie]

Ciarán Cannon on SUVs: Research increasingly suggests larger vehicles protect their occupants at the expense of those outside them, so why are we letting them rule the roads?

https://t.co/VUnobSsBxd