Forwarded from Ice Age Farmer
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
www.bis.org
I. Progress and peril
Driven by progress in AI, the global economy weathered shocks, but mounting risks call for prioritising price and financial stability, as well as fiscal sustainability.
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Forwarded from USDA PRIME MEMES
Three of the United States' largest egg producers reached a settlement with the U.S. Department of Justice (DOJ) and a coalition of 17 state attorneys general to resolve allegations of market and price manipulation. [1, 2]
Settlement Breakdown
Under the terms of the agreement, the companies will pay a combined $3.3 million in civil penalties and donate 53 million eggs to food banks and nonprofit organizations across the participating states. [1, 2]
The individual company contributions include:
Cal-Maine Foods: Paying $1.5 million and donating 30 million eggs.
Versova/Centrum: Contributing 20 million eggs to the donation pool.
Hickman’s Egg Ranch: Contributing 3.25 million eggs to the donation pool. [1, 2]
Case Background
The joint state and federal investigation focused on a period between June 2022 and March 2025, when wholesale egg prices spiked to record-breaking highs across the country. Enforcers alleged that executives secretly communicated and coordinated aggressive bidding activity to artificially inflate the daily price quotes published by Urner Barry, a benchmark pricing service widely used in commercial egg supply contracts. [1, 2, 3, 4]
According to filings released by the New York Attorney General, the CEO of Hickman's emailed competitors in December 2022 urging them to submit "strong bids, early and often" to drive up index prices, overriding what the industry publicly blamed solely on avian flu outbreaks. [1, 2]
Operational Changes
In addition to the financial and physical restitution, the proposed settlements require the producers to implement strict antitrust compliance protocols. This includes appointing internal antitrust compliance officers, submitting to state oversight, and a permanent ban on communicating pricing or bidding strategies with direct competitors. [1, 2, 3]
Note: Cal-Maine Foods explicitly denied any wrongdoing, stating that the agreement contains no admission of guilt or formal fines. Representatives for Hickman's current parent company noted that the alleged behavior occurred prior to their acquisition of the ranch in late 2025. [1]
If you would like, I can provide more details on:
The specific egg allocations designated for your individual state's food banks.
The legal history of previous price-fixing lawsuits against these same companies.
How the Urner Barry index system works for grocery pricing. [1, 2, 3, 4, 5]
Settlement Breakdown
Under the terms of the agreement, the companies will pay a combined $3.3 million in civil penalties and donate 53 million eggs to food banks and nonprofit organizations across the participating states. [1, 2]
The individual company contributions include:
Cal-Maine Foods: Paying $1.5 million and donating 30 million eggs.
Versova/Centrum: Contributing 20 million eggs to the donation pool.
Hickman’s Egg Ranch: Contributing 3.25 million eggs to the donation pool. [1, 2]
Case Background
The joint state and federal investigation focused on a period between June 2022 and March 2025, when wholesale egg prices spiked to record-breaking highs across the country. Enforcers alleged that executives secretly communicated and coordinated aggressive bidding activity to artificially inflate the daily price quotes published by Urner Barry, a benchmark pricing service widely used in commercial egg supply contracts. [1, 2, 3, 4]
According to filings released by the New York Attorney General, the CEO of Hickman's emailed competitors in December 2022 urging them to submit "strong bids, early and often" to drive up index prices, overriding what the industry publicly blamed solely on avian flu outbreaks. [1, 2]
Operational Changes
In addition to the financial and physical restitution, the proposed settlements require the producers to implement strict antitrust compliance protocols. This includes appointing internal antitrust compliance officers, submitting to state oversight, and a permanent ban on communicating pricing or bidding strategies with direct competitors. [1, 2, 3]
Note: Cal-Maine Foods explicitly denied any wrongdoing, stating that the agreement contains no admission of guilt or formal fines. Representatives for Hickman's current parent company noted that the alleged behavior occurred prior to their acquisition of the ranch in late 2025. [1]
If you would like, I can provide more details on:
The specific egg allocations designated for your individual state's food banks.
The legal history of previous price-fixing lawsuits against these same companies.
How the Urner Barry index system works for grocery pricing. [1, 2, 3, 4, 5]
The Wall Street Journal
Egg Producers Manipulated Market, Keeping Prices High, Say Antitrust Authorities
Companies agreed to donate over 50 million eggs to resolve an antitrust investigation focused on a period when prices reached record highs.
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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.
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Forwarded from Sunflower Society ひまわり会
When I worked at an undisclosed fat people food dispensery I worked the drive thru and when someone ordered a ton of food the fry cooks would yell "Sunflower, tell them THEY'RE GONNA GET FAAAAAAAT"
One time the customer heard got quiet for a moment and swapped the coke to a diet coke
One time the customer heard got quiet for a moment and swapped the coke to a diet coke
🤣3
Forwarded from USDA PRIME MEMES
KY State Police continues to assist those impacted by recent, devastating flooding. Since Saturday, the KSP Aircraft Branch has provided aerial support to Kentucky EM, local officials, and first responders on the ground during evacuation and rescue operations.
📍The Cumberlands area (1/2)
We commend all first responders for taking action and helping Kentucky ends when they needed it the most. Their efforts helped saved countless lives, and the Kentucky State Police is dedicated to continuing serving until the waters recede.
📍Burkesville in Clinton Co. (2/2)
@police_frequency
📍The Cumberlands area (1/2)
We commend all first responders for taking action and helping Kentucky ends when they needed it the most. Their efforts helped saved countless lives, and the Kentucky State Police is dedicated to continuing serving until the waters recede.
📍Burkesville in Clinton Co. (2/2)
@police_frequency
Forwarded from USDA PRIME MEMES
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VIEW IN TELEGRAM
See you soon, Tyjae 👀
WANTED FOR:
ATTEMPTED MURDER OF THREE RCSD DEPUTIES
Richland County Sheriff's Dept
WANTED FOR:
ATTEMPTED MURDER OF THREE RCSD DEPUTIES
Richland County Sheriff's Dept
Forwarded from Ice Age Farmer
Trump's Regenerative Agriculture EO Decoded
So, Trump signed the “Regenerative Agriculture” order--score one for MAHA! Thanks to RFK Jr bringing on Joel Salatin as a special advisor, we’re finally turning this ship around, moving away from industrial mass monoculture, and ditching the toxic Big Ag chemicals...right? Right?!
... as usual, there’s more to the story. This is a classic bait-and-switch. A perversion of language right up there with bills named like the “Patriot Act.”
Let’s take a deeper look.
https://unshadowed.substack.com/p/trumps-regenerative-agriculture-eo
So, Trump signed the “Regenerative Agriculture” order--score one for MAHA! Thanks to RFK Jr bringing on Joel Salatin as a special advisor, we’re finally turning this ship around, moving away from industrial mass monoculture, and ditching the toxic Big Ag chemicals...right? Right?!
... as usual, there’s more to the story. This is a classic bait-and-switch. A perversion of language right up there with bills named like the “Patriot Act.”
Let’s take a deeper look.
https://unshadowed.substack.com/p/trumps-regenerative-agriculture-eo
Substack
Trump's Regenerative Agriculture EO Decoded
MAHA Optics for the Technocratic Takeover of Food
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Forwarded from Blofeld’s Undersea Lair (You Only Live Twice)
lmaooooo what the fuck is Britain