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Degens Deteriorating
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BREAKING: The odds of US oil prices rising above $120/barrel this month have collapsed to just 24%, per Polymarket.

Prior to the ceasefire deal announced on April 7th, odds of $120+ crude oil were as high as 88%.

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This did happen.

But the scale of moves wasn't that much, because well-off people generally don't want their kids going to school with the types of kids who make it a bad school.

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JUST IN: Iranian Supreme Leader Mojtaba Khamenei threatens new phase of control over the Strait of Hormuz

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Not to be confused with Lizzo preaching body positivity pre-Ozempic

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Bitcoin Year-End Price (2025): $87,496

Current Price (2026): $72,352

YTD Change: -17%

Bitcoin $BTC BitcoinYearlyCandles

BITCOIN is for EVERYONE 2026 BITCOINisforALL β€” join us in Portland May 22-23! Discounted code CHARTSBTC for 21% off

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BREAKING:

$430,000,000,000 has been added to the US stock market today.

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Netanyahu:

There is no ceasefire in Lebanon.

We continue to strike Hezbollah with full force, and we will not stop until we restore your security.

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Ben Shapiro: β€œIf you’re a young person and you can’t afford to live here then maybe you should not live here”

Make America affordable by deporting the poor!?

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Bro stole a PS5 straight from a game cafe, where people come to play computer and console games.

Two guys were playing on the PS5, but he shamelessly unplugged it and walked out with it. Just stopped their game.

Now he has a PS5.

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πŸ’―6🌚2πŸ‘1
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Honestly my wife also is physically unable to NOT comment on anything.

So maybe it’s just human … lmao

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Tehran hasn't just been causing chaos on energy markets but has also been striking desalination plants, ports and big tech companies.

These strikes, combined with the repercussions the blocked Hormuz Strait has for the global supply of fertilisers and helium, are putting the global economy at risk.

Only Crown Prince Reza Pahlavi's return and the regime's fall and can create lasting peace and stability in the Gulf.

Starting February 28th, Tehran's attacks extended far beyond the strait to direct strikes on energy and civilian infrastructure across Gulf states, turning a localized blockade into a systemic global shock.

Missile and drone barrages targeted oil terminals, gas facilities, and ports in Saudi Arabia (Ras Tanura), Qatar (Ras Laffan LNG hub), Kuwait, and Bahrain.

These strikes damaged production capacity, forced refinery and export terminal shutdowns and hit desalination plants supplying up to 99% of drinking water in some states.

Port operations were curtailed, halting not just energy exports but also imports of food, medicine, and essentials.

Gulf oil output dropped by millions of barrels daily, with bypass pipelines unable to compensate.

Globally, this created acute supply shortfalls of up to 20 million barrels per day, driving price volatility and fears of prolonged shortages.

Apart from energy, around 30% of global seaborne fertilizer supplies normally moves through Hormuz Strait. These crucial goods, including urea and ammonia, were blocked from reaching the world market just before spring planting in the northern hemisphere, threatening crop yields in Asia and Europe.

That will have ripple-on effects on vulnerable developing economies in the global south which are dependent on food imports, risking higher food prices worldwide and another round of inflation following the pandemic and the economic disruption caused by the Russia's full-scale invasion of Ukraine in 2022.

Another issue which is seldom mentioned in connection with the Hormuz Strait crisis is problem of supplying the world with helium.

Qatari exports provide around 33% of world total. Short-term shortages caused by the blocked strait would have been bad enough, but Iran's repeated strikes on the gas and helium production facility in Ras Laffan will create long-term supply problems, creating shortages that ripple into chip fabrication in East Asia for AI and tech, medical devices, and industrial manufacturing.

On April 1st, the IRGC escalated with explicit threats to attack the regional assets of 18 of the world’s largest companies, including Amazon, Apple, Google, Microsoft, Meta, NVIDIA, Tesla, Boeing, Intel, IBM, Oracle, and Palantir.

Iran had already struck an Amazan data center in Bahrain in March, disrupting cloud infrastructure, finance apps, and enterprise tools across around the world. The continued blockage of the Hormuz Strait during the two-week ceasefire, and Iranian threats tot have the Houthis put the Suez Canal out of commission by blocking the Bab al-Mandeb Strait, keeps the world economy under intense pressure.

The crisis has exposed the fragility of global energy, food, tech, and high-tech supply chains to concentrated maritime chokepoints and the threats by Iranian ballistic missiles which turned out to have a range of more than 4000 km and are able to reach practically all of Europe too.

The Islamic Regime in Iran can't be allowed to continue threatening the world economy and causing higher living-costs around the world. Without the regime's fall and Crown Prince Reza Pahlavi leading the country on a path of democratic transition, the Islamic Regime in Iran will be able to grab global markets in a chokehold at will in the future. The regime has to be vanquished once and for all. cont…]

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According to Ambassador Brian Burch, Cardinal Christopher Pierre clarified that recent media characterizations of his meeting with Undersecretary Colby were β€œfabrications” that were β€œjust invented.”

Per Burch, Pierre also said that there were no threats of any kind during the meeting. He described it as β€œa frank and cordial meeting that took place two months ago.” Asked whether there had been any β€œthreat of Avignon,” Pierre replied: β€œNone.”

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Media is too big
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Woman on her phone in a movie theater gets asked to leave… then demands a refund, threatens to call the police, and pulls the race card

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According to the spokesperson for the Kuwaiti Ministry of Defense, they are currently engaging Iranian drones that entered the country’s airspace

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JUST IN - U.S. Postal Service proposes hiking first class mail stamps from 78 cents to 82 cents effective July 12 β€” Reuters

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