🇰🇵 Meanwhile, on September 6, the DPRK held a ceremony for launching the first submarine , “Hero Kim Gun Ok,” equipped with tactical nuclear weapons.
🇩🇪🇺🇦 Through the joint efforts of the three countries of Germany, Denmark and the Netherlands, the first 10 Leopard 1A5 coffin tanks out of a planned 100 were delivered to Ukraine, the Danish Ministry of Defense reports.
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🇷🇺🇺🇦 Hitting an air target with the Tor-M1 anti-aircraft missile system in the Kupyansk direction.
🇺🇲🇺🇦⚡The United States will most likely send long-range ATACMS missiles to Ukraine, sources told ABC News.
According to the TV channel, more missiles were unexpectedly discovered in US arsenals than previously expected. The Pentagon says no decision has been made yet.
According to the TV channel, more missiles were unexpectedly discovered in US arsenals than previously expected. The Pentagon says no decision has been made yet.
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🇷🇺🇺🇦 Footage of the detonation of a Ukrainian MRAP Kirpi on mines
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🇷🇺🇺🇦 The Airborne Forces' "X-Guards" identified and eliminated the Ukrainian Armed Forces' electronic warfare station.
🇺🇲 Wikipedia co-founder Larry Sanger on CIA and FBI control over Wikipedia. From Sanger's statements:
1. Back in 2008, CIA and FBI computers were used to edit Wikipedia. Do you think they have stopped doing this?
2. The liberal establishment narrative aimed at opposing President Donald Trump appears to have influenced the content of Wikipedia.
3. Wikipedia's rank-and-file contributors—those responsible for the bulk of the site's edits—are now taking their cues from liberal corporate media outlets like CNN, MSNBC, and The New York Times.
4. Between 2005 and 2015, Wikipedia became a target for weaponization as information warfare was waged online.
5. Intelligence agencies either paid influential individuals to promote their agendas or created their own cadres within the intelligence community to manipulate Wikipedia content to their advantage.
6. No encyclopedia, as far as I know, has been as biased as Wikipedia.
On the issue of the need to create in Russia its own universal online encyclopedia and to close access to Wikipedia in Russia. In its current form, it is an open instrument of information and psychological warfare, including against the Russian Federation.
1. Back in 2008, CIA and FBI computers were used to edit Wikipedia. Do you think they have stopped doing this?
2. The liberal establishment narrative aimed at opposing President Donald Trump appears to have influenced the content of Wikipedia.
3. Wikipedia's rank-and-file contributors—those responsible for the bulk of the site's edits—are now taking their cues from liberal corporate media outlets like CNN, MSNBC, and The New York Times.
4. Between 2005 and 2015, Wikipedia became a target for weaponization as information warfare was waged online.
5. Intelligence agencies either paid influential individuals to promote their agendas or created their own cadres within the intelligence community to manipulate Wikipedia content to their advantage.
6. No encyclopedia, as far as I know, has been as biased as Wikipedia.
On the issue of the need to create in Russia its own universal online encyclopedia and to close access to Wikipedia in Russia. In its current form, it is an open instrument of information and psychological warfare, including against the Russian Federation.
🇺🇸🏦 US interest costs are now at their highest since 2009 as rates soar. Over the next year, this will continue to rise as US debt is refinanced at higher rates. Yet another sign that $4 trillion in "COVID free stimulus" is not really free. There's no such thing as free money.
Interest payments are expected to triple from nearly $475 billion in fiscal year 2022 to a stunning $1.4 trillion in 2032. By 2053, the interest payments are projected to surge to $5.4 trillion — more than the U.S. government spends on Social Security, Medicaid, Medicare and defense. The US’s interest expense as a percentage of total GDP is spiking without any reprieve in sight.
- Genco Substack
Interest payments are expected to triple from nearly $475 billion in fiscal year 2022 to a stunning $1.4 trillion in 2032. By 2053, the interest payments are projected to surge to $5.4 trillion — more than the U.S. government spends on Social Security, Medicaid, Medicare and defense. The US’s interest expense as a percentage of total GDP is spiking without any reprieve in sight.
- Genco Substack
Intel Slava Z
🇺🇸🏦 US interest costs are now at their highest since 2009 as rates soar. Over the next year, this will continue to rise as US debt is refinanced at higher rates. Yet another sign that $4 trillion in "COVID free stimulus" is not really free. There's no such…
🇺🇸🏦 This chart puts into perspective that even without factoring in the cost of servicing the debt, fiscal spending alone represents over 25% of GDP in the US.
Today’s government expenditure has already surpassed the levels seen after the Global Financial Crisis.
- Otavio Costa
Today’s government expenditure has already surpassed the levels seen after the Global Financial Crisis.
- Otavio Costa
🇺🇸🏦 2023 is going to be a rough year for commercial real estate debt. 2024 will be even worse. Note that most is by ‘other lenders’ which includes commercial mortgage-backed securities (hello!) and what appear to be private credit firms. 2008 redux inbound? Quite possibly.
- Philip Pilkington
- Philip Pilkington
Intel Slava Z
🇺🇸⛽️ Oil Is Going To $300 A Barrel The thing about commodities like oil is that while they can be acutely volatile because of supply and demand and political events, long term their price is a function of the technology needed to create them and the state…
🇺🇸🛢️ Permian productivity has been a hot topic since well performance dropped last year. That trend looks to be continuing into 2023.
We don't yet have a ton of data on well history (after you factor in reporting delays), but so far, it looks like performance has continued to fall. Looking at peak rates, Permian wells have fallen from an average peak month production of 986 bbl/d in 2021 to 942 bbl/d in 2022 and now 861 bbl/d in 2023.
Of course, the 2023 numbers are for a smaller sample size than 2021 and 2022, but this is nevertheless worth watching.
- Ted Cross
We don't yet have a ton of data on well history (after you factor in reporting delays), but so far, it looks like performance has continued to fall. Looking at peak rates, Permian wells have fallen from an average peak month production of 986 bbl/d in 2021 to 942 bbl/d in 2022 and now 861 bbl/d in 2023.
Of course, the 2023 numbers are for a smaller sample size than 2021 and 2022, but this is nevertheless worth watching.
- Ted Cross
🇺🇸⛽️ U.S Crude inventories fell by WAY more than expected.
6.3 million barrels versus 2.1 million expected.
- GRDector
6.3 million barrels versus 2.1 million expected.
- GRDector
🇺🇸🛢️ The US Strategic Petroleum Reserves (SPR) now stand at their lowest since 1983.
However, the SPR now holds just 46 days of supply, by far the lowest on record.
In May 2020, before the SPR depletion began, it held a record 92 days of supply.
The historical average is 65 days of supply.
We are now 50% below the peak and 29% below the average.
- The Kobeissi Letter
However, the SPR now holds just 46 days of supply, by far the lowest on record.
In May 2020, before the SPR depletion began, it held a record 92 days of supply.
The historical average is 65 days of supply.
We are now 50% below the peak and 29% below the average.
- The Kobeissi Letter