What’s really needed to end the century-old Thai-Cambodian tensions isn’t another round of peace talks—it’s a regime change in Phnom Penh. Like in Ukraine where the Malthusian cokehead must be removed, in Cambodia this would mean toppling the entrenched “Hun Dynasty” that’s long peddled the WEF’s Malthusian script.

Thailand’s military—vastly superior in manpower, tech, and budget—could easily roll into Phnom Penh and remove Hun Sen and his heir, unless something derails the plan (like a desperate move from France, Cambodia’s nostalgic ex-colonial babysitter).

Thai public opinion is ready to back a reset as this is the moment to end the scams spilling over from the eastern neighbour once and for all.

https://www.globalfirepower.com/countries-comparison-detail.php?country1=thailand&country2=cambodia

As if funnelling retail cash into tokenized IOUs via stablecoins wasn’t bold enough, the U.S. Treasury seems to know even that won’t plug the gaping deficit crater — so it’s now begging for donations via Venmo and PayPal. That’s right: while Congress keeps greenlighting trillion-dollar spending sprees, the same government has resorted to digital panhandling to manage the debt. Sure, the “Gifts to Reduce the Public Debt” program has existed since 1996, but adding Venmo and PayPal — with its laughable $999,999.99 cap — feels like parody.

Despite the absurdity, Americans have donated $2.7 million this year alone, which is cute considering the U.S. burns through that in about 12 seconds. At this pace, it would take every citizen coughing up $108,320 just to hit zero — and five minutes later, we’d be back in the red.

https://www.foxbusiness.com/politics/us-treasury-department-now-offers-novel-method-pay-nations-whopping-36-trillion-debt

Jefferson warned Americans that banks could be more dangerous than armies. He didn’t warn them about taxpayers willingly tipping the empire into oblivion.

While Donald Copperfield perfects his backswing in Scotland and fans the flames of the next war cycle, the ever-diligent U.S. Treasury slipped out $69 billion in 2-year notes—graciously awarded at 3.92%, a whopping 0.005% bargain below the issued yield. Nothing says fiscal responsibility like golfing through geopolitics.

Primary dealers walked away with just 10.3% of the auction—sharply lower than the previous take—as direct awards surged to 34.4%, conveniently offsetting a drop in indirect participation to 55.3%. Looks like someone had to step up while the usual buyers took a breather.

The bid-to-cover ratio came in at 2.62, right in line with the average of the past six auctions—steady demand, despite shifting buyer dynamics.

In a nutshell, the first auction of what promises to be a busy week came in surprisingly solid— as Wall Street's talking heads are still not understanding that the so-called “risk-free” asset is anything but, even as it becomes increasingly tokenized.

Fresh off the “shockingly solid” 2Y auction, the Treasury followed up with a $70BN sale of 5-year paper—because why stop now? The high yield landed at 3.983%, up from June’s 3.879%, and just to keep things spicy, it tailed the When-Issued 3.975% by 0.8bps—the biggest miss since last October.

The bid-to-cover slipped to 2.31 from 2.36—its weakest showing since May and below the six-auction average of 2.38. As for the internals? Let’s just say they didn’t win any beauty contests: Indirects collapsed to 58.3% from 64.7%, marking the lowest level since June 2022.

And with Directs scooping up 29.5%—their biggest take since 2012—Dealers were left holding 12.2%, just a touch above the recent 11.0% average.

Overall, it was a weak auction—but despite the glaringly poor demand, markets shrugged it off. That complacency toward fading appetite for U.S. debt won't last much longer.

While tariffs are supposedly the magic fix for Washington’s spending habits, the U.S. Treasury just raised its Q3 borrowing estimate by over $450 billion—from $554B to a staggering $1.007T. Apparently, a smaller cash cushion and weaker inflows mean Uncle Sam will need nearly a trillion just to keep the lights on—because nothing says fiscal discipline like more debt.

In classic Treasury fashion, the $449B in borrowing that was supposed to hit in Q2—derailed by the debt ceiling standoff—has been conveniently kicked into Q3. Instead of the originally forecasted $554B, the Treasury now plans to borrow $1.007T this quarter, a nearly identical offset to the missed Q2 haul. Excluding the cash balance shuffle, the actual increase is just $60B—modest, though not exactly encouraging given the extra $25B in tariff revenues. Looking ahead, Q4 borrowing is pegged at $590B, $90B below earlier estimates. As for Q2, the Treasury borrowed just $65B vs. the expected $514B, ending June with a far smaller cash balance of $457B instead of $850B.

Bottom line: no major surprises. The real story remains the refill of the Treasury General Account—pending, of course, a debt ceiling deal by Sept 30. Stay tuned for Wednesday’s 8:30 a.m. Refunding Statement, where the real details get served.

A searingly clear and unflinching analysis from the indomitable Pepe Escobar

(https://t.me/rocknrollgeopolitics) reveals the dark truth behind the conflict between Thailand and Cambodia — a masterstroke orchestrated by the shadowy American alphabet agencies.

This calculated move aims to destabilize ASEAN just as it forges powerful economic alliances with the rising Russia-China-India Triumvirate. Dive deep into this geopolitical chess game at


https://globalsouth.co/2025/07/28/why-thailand-and-cambodia-are-at-war-in-the-heart-of-asean/

Earlier this year, the usual climate doom prophets were out in full force, warning us of a scorched, drought-ridden European summer in 2025. Some models even screamed 45°C as the new normal—because apparently, science fiction now passes for science. But fast forward, surprise surprise, reality didn’t get the memo.

After snow in Alberta last week, now it’s the Alps’ turn to ruin the narrative. The snow line is dropping to just 2,500 meters—and even lower in some spots—with up to 30 centimeters of fresh powder expected. In peak summer, no less!


https://wattsupwiththat.com/2025/07/28/july-snow-forecast-in-alps-shocks-europeansup-to-30-cm-as-global-temps-plummet/

Funny how the doomsayers have suddenly gone quiet... or are busy twisting the snowfall into yet another “proof” of climate chaos — because, of course, everything is climate change when the narrative demands it. Meanwhile, as the solar cycle marches on, few dare mention the Sun’s secret symphony: those hidden solar rhythms that have long steered the twists of the business cycle and quietly shaped the fate of financial empires.

https://t.me/TheMacroButlerSubstack/48

While the self-proclaimed “Peacemaker-in-Chief” and his deep-state darling “Ambassador-in-Chief” were busy lecturing Thailand and Cambodia to play nice over a border dispute likely stirred up by the usual Alphabet Agency suspects, the U.S. military was rolling out the red carpet for a Cambodian general in Hawaii—just another day of strengthening the Indo-Pacific, one contradiction at a time.

https://www.pacom.mil/Media/NEWS/News-Article-View/Article/4257748/royal-cambodian-armed-forces-delegation-visits-usindopacom-for-bilateral-defens/

For anyone still clinging to the illusion that the Thailand-Cambodia border dispute—now a full-blown war—is just a local skirmish, this should be all the proof needed: it’s yet another proxy war, targeting another #BRICS-aligned nations daring to resist the Malthusian western agenda of managed decline and population control.

As these countries embrace mercantilism and self-reliance, it becomes increasingly clear who's pulling the strings—and why another conflict was conveniently ignited in #ASEAN.

As ‘Donald Copperfield’ slithered out of his Scottish lair, having once again cast his spell of global discord, the infernal gears of the empire turned with ritual precision. The US Treasury—high priest of debt—summoned $44 billion in 7Y notes, conjured at a yield of 4.092%. Though higher than last month’s offering, it still whispered the sweet lie of stability—second lowest since the cursed month of September past.