#BIS warns global economy will meltdown if #AI bubble slows/bursts
The #Bank of International Settlements (central bank OF central banks) has warned in their latest report that the speculative capex spending around AI has reached proportions so absurd — think tulip mania times Roaring 20's times dot-com — that if anything even so much as slows down, the whole house of cards will fall, and the global economy will slip into a deep depression or collapse altogether.
Companies like Nvidia and the hyperscalers (google, meta, oracle) are borrowing money hand over fist, throwing a TRILLION DOLLARS at new capacity, with no understanding of how that will possibly be paid off. But at this point, the idea of stopping it is unthinkable, and the results would be catastrophic.
When (not if) this thing turns—and the signs are already there—those who can grow their own and exist without grid power or supermarkets for a time are the ones who will be left standing.
Preparing now to weather a storm (and I do mean one of generationally epic, historic proportions) would be a very good idea.
- @iceagefarmer
https://www.bis.org/publ/arpdf/ar2026e1.htm
The #Bank of International Settlements (central bank OF central banks) has warned in their latest report that the speculative capex spending around AI has reached proportions so absurd — think tulip mania times Roaring 20's times dot-com — that if anything even so much as slows down, the whole house of cards will fall, and the global economy will slip into a deep depression or collapse altogether.
Companies like Nvidia and the hyperscalers (google, meta, oracle) are borrowing money hand over fist, throwing a TRILLION DOLLARS at new capacity, with no understanding of how that will possibly be paid off. But at this point, the idea of stopping it is unthinkable, and the results would be catastrophic.
When (not if) this thing turns—and the signs are already there—those who can grow their own and exist without grid power or supermarkets for a time are the ones who will be left standing.
Preparing now to weather a storm (and I do mean one of generationally epic, historic proportions) would be a very good idea.
- @iceagefarmer
https://www.bis.org/publ/arpdf/ar2026e1.htm
Forwarded from Ice Age Farmer
🌾 USDA now projecting U.S. farmers will harvest just 32.1 million acres of wheat in 2026.
That would be a 149-year low, the smallest harvested area since 1877.
That would be a 149-year low, the smallest harvested area since 1877.
🇲🇨🇺🇦 Ukrainian oligarch, Yermolayev wanted to organize a conference at EU Parliament on corruption in Ukraine before the assassination attempt in Monaco
— ex-French foreign intelligence service (DGSE) employee, Claude Moniquet to Monaco Matin newspaper
Moniquet also confirmed that Yermolaiev moved to Monaco from Cyprus due to the principality's reputation as a "highly secure environment for wealthy individuals under threat"
not secure enough...
🔗
Join us | @MyLordBebo
— ex-French foreign intelligence service (DGSE) employee, Claude Moniquet to Monaco Matin newspaper
Moniquet also confirmed that Yermolaiev moved to Monaco from Cyprus due to the principality's reputation as a "highly secure environment for wealthy individuals under threat"
not secure enough...
🔗
Join us | @MyLordBebo
Forwarded from Foxx Den 🦊 (Kracalactaka)
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Police in Indiana are asking the public's help to identify the person who cut down 2 Flock cameras in Goshen.
A city councilman responded by saying, "It's just a part of life these days. There's no sense in being destructive to get your point across.” (LOL,🤣 ) https://x.com/mattvanswol/status/2071950206027858219
A city councilman responded by saying, "It's just a part of life these days. There's no sense in being destructive to get your point across.” (LOL,
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🇺🇦 Single father of a 5-year-old girl RELEASED by Zelensky’s hijackers after community pressure
How many similar cases are there that aren’t being talked about? At least this one got a somewhat happy ending
🔗
Join us | @MyLordBebo
How many similar cases are there that aren’t being talked about? At least this one got a somewhat happy ending
🔗
Join us | @MyLordBebo
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🇬🇧🏳️🌈"I am really proud that we got the GAYEST parliament" — Keir Starmer
What would his ancestor say?
🔗
Join us | @MyLordBebo
What would his ancestor say?
🔗
Join us | @MyLordBebo
Forwarded from Unlimited Hangout
We've been quiet recently because Mark Goodwin and I have been working to write the most comprehensive investigation into Polymarket's origins and ambitions to date.
We found that Polymarket's "official" origin story, that Shayne Coplan founded the company alone in 2020 and then built "the company in his bathroom", is a lie. Polymarket really started years earlier as another company called TokenBnk that was deeply tied to Israeli interests, specifically a crypto company founded by Benjamin Netanyahu's niece and nephew. Coplan has actively tried to obfuscate this company from his story and it's not the only thing either.
In Part 1 of this two-part series, we unravel the real history of Polymarket, directly connecting the company to Peter Thiel's efforts to resurrect controversial DARPA programs from its now defunct Information Awareness Office. Polymarket appears to have been chosen by Thiel and his associates to succeed in resurrecting DARPA's Policy Analysis Market where another Thiel-linked company, Augur, had previously failed.
Stay tuned for Part 2, where we explore the current influence of prediction markets and Polymarket, including how an insidious effort to have prediction markets replace representative democracy as a governance model is already being slowly implemented by the White House.
Read Part 1 here: https://unlimitedhangout.com/2026/06/investigative-series/the-secret-history-of-polymarket-part-1/
We found that Polymarket's "official" origin story, that Shayne Coplan founded the company alone in 2020 and then built "the company in his bathroom", is a lie. Polymarket really started years earlier as another company called TokenBnk that was deeply tied to Israeli interests, specifically a crypto company founded by Benjamin Netanyahu's niece and nephew. Coplan has actively tried to obfuscate this company from his story and it's not the only thing either.
In Part 1 of this two-part series, we unravel the real history of Polymarket, directly connecting the company to Peter Thiel's efforts to resurrect controversial DARPA programs from its now defunct Information Awareness Office. Polymarket appears to have been chosen by Thiel and his associates to succeed in resurrecting DARPA's Policy Analysis Market where another Thiel-linked company, Augur, had previously failed.
Stay tuned for Part 2, where we explore the current influence of prediction markets and Polymarket, including how an insidious effort to have prediction markets replace representative democracy as a governance model is already being slowly implemented by the White House.
Read Part 1 here: https://unlimitedhangout.com/2026/06/investigative-series/the-secret-history-of-polymarket-part-1/
Unlimited Hangout
The Secret History of Polymarket – Part 1
The real history of Polymarket, directly connecting the company to Peter Thiel's efforts to resurrect DARPA's Policy Analysis Market where another Thiel-linked company, Augur, had previously failed.
#MiCA now effective across the #EU as deadline passes
https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
New deanonymization feature on X/Twitter:
Mobile-based accounts are locked then forced to download the app and provide biometric data.
Web-based accounts are forced to "confirm they are human" by scanning a QR code with their mobile phones (leaking privacy-compromising device information), which begins the same biometric data harvesting process.
Mobile-based accounts are locked then forced to download the app and provide biometric data.
Web-based accounts are forced to "confirm they are human" by scanning a QR code with their mobile phones (leaking privacy-compromising device information), which begins the same biometric data harvesting process.
🇧🇫🤝🇮🇱 — On June 26, 2026, Captain Ibrahim Traoré received the letters of credence from Simon-Clément Seroussi, the new Ambassador of occupied Palestine to Burkina Faso.
The israeli ambassador expressed his happiness at working with the Burkinabé authorities to strengthen bilateral cooperation between Israel and Burkina Faso.
@BellumActaNews
#zog
The israeli ambassador expressed his happiness at working with the Burkinabé authorities to strengthen bilateral cooperation between Israel and Burkina Faso.
@BellumActaNews
#zog
Forwarded from /slashbiz/ syndicate ~ #winning, situation monitoring, escaping the tech matrix, memes, and being poor in general (bob)
Benjamin Fulford, an American journalist & researcher, says he has spoken to several well placed sources within Poland’s intelligence community who have told him that Lord Rothschild was the real King of England- pulling all the strings behind the scenes.
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🇺🇸🇪🇺 Remember how EU's von der Leyen spoke against Trump's tariff policy last year?
Now, they the EU markets are even more regulated
Does she really think consumers will stop buying these low-value online products by putting a tax on them?
🔗
Join us | @MyLordBebo
Now, they the EU markets are even more regulated
Does she really think consumers will stop buying these low-value online products by putting a tax on them?
🔗
Join us | @MyLordBebo