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Degens Deteriorating
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BREAKING: The United Kingdom is preparing a nationwide wartime readiness plan, according to the head of its armed forces.

The strategy aims to shift the entire country onto a war footing, from military and police to hospitals and key industries.

Officials say the plan is designed to ensure Britain can rapidly transition in the event of a major conflict.

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The doctors had to treat a sick man and his cat was there watching everything, all worried about what was happening

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πŸ₯°18❀‍πŸ”₯3
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BREAKING: France is advancing counter-drone capabilities with MQ 9A Reaper Block 5 ER operations.

The French Air and Space Force has transitioned to the upgraded Reaper fleet and recently conducted live missile launches during exercises in southern France.

The development highlights a broader effort to expand the UAV’s role from surveillance to active counter-drone operations.

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Gold is reshaping the global financial system:

Central bank gold holdings surpassed valuation-adjusted US Dollar reserve assets for the first time on record.

Adjusted USD reserves remove the interest earned on holdings like US Treasuries, showing only how much central banks are actively adding to their Dollar reserves.

Official gold reserve assets are up to a record $3.87 trillion, ~$140 billion above valuation-adjusted US Dollar reserve assets, at $3.73 trillion.

Since 2022, gold reserve assets have TRIPLED, driven by a record central bank accumulation and surging prices.

At the same time, USD reserve assets have declined -$300 billion.

The trend accelerated after the seizure of Russian assets in 2022, new sanctions, and growing geopolitical uncertainty.

World central banks are accumulating gold at an unprecedented pace.

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BREAKING

It is now legal to distill your own vodka or whiskey at home !!!

A U.S. appeals court on Friday declared unconstitutional a nearly 158-year-old federal ban on home distilling, calling it an unnecessary and improper means for ​Congress to exercise its power to tax.

The 5th U.S. Circuit Court of β€ŒAppeals in New Orleans ruled in favor of the nonprofit Hobby Distillers Association and four of its 1,300 members.

They argued that people should be free to distill spirits at home, whether as ​a hobby or for personal consumption including, in one instance, to create ​an apple-pie-vodka recipe.

The ban was part of a law passed during ⁠Reconstruction in July 1868, in part to thwart liquor tax evasion, and subjected violators ​to up to five years in prison and a $10,000 fine.

Writing for a three-judge panel, ​Circuit Judge Edith Hollan Jones said the ban actually reduced tax revenue by preventing distilling in the first place, unlike laws that regulated the manufacture and labeling of distilled spirits on which ​the government could collect taxes.

She also said that under the government's logic, Congress could ​criminalize virtually any in-home activity that might escape notice from tax collectors, including remote work and β€Œhome-based ⁠businesses.

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Women bond by complaining.

You spoiled their fun with solutioning, and didn’t take the hint when they told you to stop.

Then you embarrassed her friend by insisting you’re right.

She then (symbolically) took her friend’s side by refusing your solution.

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Twitters original post limit was 140 charaters. in 2017 they upped it to 280. this was a perfect sweet spot. then they added "see more." one of the biggest mistakes ever on the platform. it just incentivizes slop and filler. if you cant express a complicated idea in 280, f&ck you

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πŸ’―7
How is it that having a population made up of disparate tribes with nothing in common and a giant helping foreign men of military age...

Has become the greatest strength of every single Western country?

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πŸ’―8
Someone found that the codex app is consuming a lot GPU every time the model is thinking

The reason is not local embedding, local inference or anything like that but a tiny spinner in the chat list

lol

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All released footage of US airstrikes on Iranian targets, sorted chronologically by the DOD-reported date

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Ngl ive never understood why the hungry need so many space pennies

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Nancy Pelosi scheduled to be commencement speaker at the Catholic Notre Dame de Namur University in California

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Crypto twitter is old man, it’s been around for over a decade and people around for the start of it are also physically old or at least aged really fast due to the emotional and financial swings of cycles

the new ct is young af and only cares about memes, we’re washed to them

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BIG WARNING: SMART MONEY IS PRICING IN HIGHER INFLATION

More than 50% of traders are now expecting inflation to hit 4%+ this year.

Not so long ago this was only around 20%.

If inflation comes in higher than expected, central banks won’t have much flexibility. They’ll be forced to keep interest rates higher for longer, maintain tight financial conditions, and continue pulling liquidity out of the system.

That’s where the risk really begins.

Crypto markets are heavily dependent on liquidity. When money is cheap and easily available, prices tend to rise quickly. But when borrowing becomes expensive and capital is harder to access, risk appetite drops across the board.

We’ve seen this dynamic play out before.

- Rates go up

- Pressure builds on speculative assets

- Investors become more cautious

- Capital rotates into safer places

- Crypto markets to feel that impact

What makes this moment important is that it’s not about where inflation is today, but where expectations are heading. If the market continues to price in higher inflation, it likely means rate cuts will be delayed and liquidity will remain tight for longer than many are currently anticipating.

That combination can limit upside and increase downside risk in crypto markets.

If inflation does come in at 4% or higher, it could act as a trigger for a broader liquidity squeeze, and that’s something most people in crypto are not fully prepared for.

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πŸ‘€1