DoomPosting
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Degens Deteriorating
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I'm going to the movie theater to watch Spider-Man: Brand New Day!

I rewatched all the Tom Holland Spider-Man movies this week to make sure everything was fresh in my memory.

I'll post a quick review after!

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🌚7
Media is too big
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AutoZone stores across Los Angeles County have been targeted by looters for a third consecutive day following a series of street takeovers, with at least four locations hit since Saturday

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🌚5
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Will ever understand why a girl who looks like this feels the need to get these dumb little tattoos

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🌚5πŸ’―3😭2
BREAKING: Trump Media just disclosed holding 14,139 Bitcoin worth $900 million.

They added 4,662 $BTC worth $293M in July.

While everyone is panicking, Trump is loading up for the next crypto bull run.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ‘€2
You cannot begin to fathom how much better your life would be with 100 million deportations

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―10❀‍πŸ”₯1
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Millions starved under communism due to the skewed incentives of collectivization.

Without private ownership or enforceable limits, resources under shared ownership are consumed inefficiently and output collapses when β€œreal” communism is implemented.

The mechanism for this β€œtragedy of the commons” was exemplified through the incentives of herders in commons to add more and more animals to reap the full benefits while the costs of overgrazing are shared with everyone else.

Ultimately, the pasture is consumed entirely because what is β€œowned” by everyone tends to be protected by no one.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
πŸ’―6
15 minutes. That's all that stood between David Boylett and a fully printed illegal firearm.

Police raided the "obsessed hobbyist" mid-print, catching him with nearly-complete 3D printed gun parts, matching ammunition, AND an overpowered air rifle.

The man was basically speed-running an arms manufacturing operation from his bedroom.

The case perfectly illustrates why law enforcement is sweating over consumer 3D printers. Your local "hobbyist's" setup is now theoretically a weapons factory.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
😐6πŸ”₯2
A little over a decade ago, Google invested $900m in SpaceX.

Due to the recent $SPCX IPO, now 95% of their latest 13F filing is just SpaceX!

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά
🀯3
US housing affordability is deteriorating:

The average 30Y fixed mortgage rate rose +3 basis points last week, to 6.69%, the highest since July 2025.

This marks the 5th consecutive weekly increase, with rates up +71 basis points since the Iran War began in late-February.

This comes as the 10Y Treasury yield, which mortgage lenders use to price 30Y loans, has surged +70 basis points over the same period, driven by inflation concerns.

On a $500,000 mortgage, this increase translates to more than +$200 in additional monthly principal and interest payments compared to late February, when rates briefly fell below 6% for the first time since 2022.

The 30Y fixed mortgage rate could rise to 7% for the first time since January 2025 before year-end if current inflationary pressures persist.

The US housing affordability crisis is worsening.

πŸ„³πŸ„ΎπŸ„ΎπŸ„ΌπŸ„ΏπŸ€–πŸ…‚πŸ…ƒπŸ„ΈπŸ„½πŸ„Ά