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Degens Deteriorating
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Neat new result!

Researchers tested for extra genetic effects in the far right and far left tails of trait distributions.

For IQ, they got what's expected based on twins:

- Lots of variants that *lower* IQ substantially

- No evidence for ones that *raise* IQ substantially

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―1
BREAKING: The S&P 500 closes at its highest level on record, now on track for a 9-week win streak

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β€” NEW: According to Iran International, Iran launched anti-ship missiles targeting four vessels that attempted to cross the Strait of Hormuz without prior coordination with Iranian authorities

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⚑1🌚1
Goldman Sachs is on track to post near-record M&A volumes this year

The firm expects dealmaking to approach its 2021 ​record on solid backlogs and strong activity

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
Peter Thiel follows the German tradition to relocate Argentina.

NYT: β€œThe billionaire’s new roots in Argentina are said to be partly motivated by concerns about the future of the United States and shared beliefs with Argentina’s right-wing leader.”

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πŸ—Ώ2
The US and Iran exchanged strikes as both sides accused each other of violating the newly announced truce.

A US official said Iranian missiles were believed to have been aimed at American forces in Kuwait. Tehran, meanwhile, claimed it struck a US base linked to previous attacks on Bandar Abbas, an Iranian port city situated near the Strait of Hormuz.

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Peter Thiel is increasingly looking to Argentina as a possible refuge beyond the United States.

The billionaire has purchased a $12 million property in Buenos Aires and has held repeated meetings with President Javier Milei, whose libertarian, anti-tax agenda closely aligns with Thiel’s own politics. He has relocated his family to the Latin American country, including his husband and two daughters.

Those familiar with Thiel’s thinking say his interest in Argentina is driven partly by concern over America’s future, including political volatility, California’s tax climate, and nuclear risk.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
LEAKED: The company that spend $500m on Claude in 1 month was Amazon $AWS.

The $500M increases Anthropic ARR by $6B and increases the valuation of Anthropic by $128B (latest raise was at a 21X revenue multiple)

Inturn increases Amazons equity in Anthropic by ~$20B (own 15-19%)

Spend $500m in 1 month and have net worth go up by $20B - who wouldn’t take a sweat deal

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This dude on FB Marketplace has multiple listing for heavy Caterpillar industrial equipment superimposed with AI-generated female models. Must have industry-leading click through rates.

Absolutely crying rn.

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Religious "trads" will do anything to punish young men and reward women, even when such policies have the exact opposite consequence of what they pretend

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πŸ’―3
"We're here to seize your phone to look for some racism.

By the way, your son was just murdered by a ceremonial sikh sword, but its okay because his murderer called him racist, we already seized your dead sons phone too -

No need to be like that Sir!"

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We are on an unsustainable fiscal path:

Interest costs on US public debt rose +$37 billion YoY in the first 7 months of FY2026, or +6.4%, to a record $616 billion.

Interest has more than TRIPLED for this time of the year since 2021.

As a result, interest payments are now the fastest-growing portion of the entire federal budget and the 2nd-largest spending category, surpassing Defense and Medicare, only behind Social Security.

The Congressional Budget Office projects annual net interest payments to more than DOUBLE from $1.0 trillion in 2026 to $2.1 trillion by 2036.

Over the next 10 years, interest costs are expected to total a massive $16.2 trillion.

As a proportion of GDP, interest is projected to reach 3.2% this year, surpassing the previous record set in 1991, and surging further to 4.6% of GDP by 2036.

The cost of US government debt has never been this high.

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