Peter Thiel follows the German tradition to relocate Argentina.
NYT: “The 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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NYT: “The 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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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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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.
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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.
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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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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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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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"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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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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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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The Bitcoin Power Law model suggests BTC should be ~$163,500 today.
I suspect we are approaching a major rotation of capital into Bitcoin.
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I suspect we are approaching a major rotation of capital into Bitcoin.
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The police officers prioritised the feelings of this creature because he is brown, over the life of a young man because he was White.
This is the real ‘institutional racism’.
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This is the real ‘institutional racism’.
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Age gap relationships aren't more likely to end in divorce, as per the largest study ever conducted on this topic - whole population, millions of people, spanning more than four decades. Tiny studies that claim "+1 year age gap = +1000% risk of divorce!!" are not reliable
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Trump is undefeated in the stock market.
On May 8th, Trump told everyone to "go out and buy a Dell."
19 days later, on May 27th, Dell was awarded a $9.7B contract with the US Pentagon.
Today, Dell, $DELL, reported stronger than expected earnings and the stock surged +30%.
Dell's stock is now up +80% since May 8th, adding +$120 BILLION in market cap.
Truly unprecedented.
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On May 8th, Trump told everyone to "go out and buy a Dell."
19 days later, on May 27th, Dell was awarded a $9.7B contract with the US Pentagon.
Today, Dell, $DELL, reported stronger than expected earnings and the stock surged +30%.
Dell's stock is now up +80% since May 8th, adding +$120 BILLION in market cap.
Truly unprecedented.
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