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Degens Deteriorating
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Cleveland life hack to get cheap property!

-> Shoot the realtors that show up at the house you plan to buy.

This will guarantee a cheap bargain price.

Yeah… Cleveland is screwed

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One unexpected benefit of AI automation may be that it encourages us to seek security in hierarchy once again, in line with the human experience for 99.99% of the last 200,000 years

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The drugs for sleep are on the way.

For example, Bright Mind Biosciences found that their drug BMB-101 caused a 90% increase in REM sleep in people with absence seizures.

This led to a ~70% reduction in absence seizure count, without increasing the amount of time asleep!

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As a young socialist, Hayek read Ludwig von Mises’ 1920 paper β€œEconomic Calculation in the Socialist Commonwealth.”

Mises showed that socialist central planning isn’t merely inefficient, it’s impossible.

Without private property and genuine market prices, planners lack any rational way to allocate scarce resources or determine real costs and needs.

Even Oskar Lange, a leading socialist in the calculation debate, effectively conceded the point.

While he promoted β€œmarket socialism” with trial-and-error pricing by a central board, real-world socialist planners in Eastern Europe quietly relied on world capitalist market prices as a guide.

Without external free-market price signals, pure socialism would be economically blind and coordination would collapse.

Mises went further, arguing that interventionism, the β€œmiddle way” of government meddling, is inherently unstable.

Each intervention creates problems that invite more interventions, eventually leading to full socialization.

Price controls cause shortages, subsidies distort production, and the cycle continues until the economy is fully planned.

The lesson is clear.

Rational economics requires genuine market prices emerging from voluntary exchange and private property.

Half-measures don’t stabilize the system. They accelerate the drift into central planning.

The Austrian School understood this decades before the collapse of the Soviet bloc proved it in practice.

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…proving that β€œmental load” and β€œemotional labor” are not a thing

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University of California STEM professors want standardized tests back due to severe math deficiencies among students:

β€œWe now observe preparation gaps so severe that instructors must reteach middle school mathematics”

β€œThe current admissions metric, based primarily on GPA & essays, can no longer reliably distinguish readiness for university-level STEM majors in an era of severe grade inflation & AI assisted application essays”

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US Treasuries are experiencing the worst bear market in history:

The US Treasury Total Return Index has now been in a drawdown for 69 consecutive months, the longest streak in over 100 years of data.

The previous record stretch that ended in 2019 lasted for ~30 months.

This is also only the 3rd time in history that a drawdown has exceeded 20 months.

During the current drawdown, the US Treasury Total Return Index fell as much as -18% from 2020 to 2022.

Since then, it has recovered some of its losses, but it is still down -6% since 2020.

Meanwhile, the 20+ year Treasury ETF, $TLT, is down -40% since its April 2020 peak.

US bonds are more unpopular than ever.

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U.S. President Donald J. Trump has announced that due to β€œpossible bad weather conditions,” tomorrow’s Cabinet Meeting, which was supposed to take place at Camp David, will instead convene at the White House

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Chinese man completely loses his mind because non-EV cars are parked at the charging stations.

Why is he wearing a helmet when he driving a car?.. Because safety first when you are using a fire extinguisher.

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A fully loaded infantry armored vehicle, the HMMWV, fell victim to a Hezbollah FPV drone.

A couple of IDF soldiers managed to jump out of the vehicle before being hit, but the rest were less fortunate.

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