Bailouts are now the American way. For example, the federal government is now bailing out all banks that get into trouble. All depositors at Silicon Valley Bank, including billionaires, big corporations and tech investors, will get all their money back from the Federal Deposit Insurance Corporation (FDIC). Similarly the FDIC…

His Majesty’s Government is making a massive bet on nuclear power. That bet centers on small modular reactors (SMRS). The bet includes an international competition for the best SMR design, The Financial Times reports. Chancellor of the Exchequer Jeremy Hunt has plans for Great British Nuclear. …

Dumbly, speculation that failed President Donald J. Trump Sr. (R-Florida) could go to jail is again filling the media. To explain, Trump could face charges of falsifying business records for paying hush money to porn star Stormy Daniels. Trump himself claims they could arrest him for this crime and send…

The NYM (NYM) builders claim their protocol can provide network level privacy and security. In particular, they claim NYM can protect users from government surveillance. They claim NYM protects privacy at the network layer by encrypting internet traffic and relaying it through a mixnet. A mixnet is a multilayer network…

Federal bailouts are all the rage in Washington, DC. For example, the Federal Deposit Insurance (FDIC) is guaranteeing all deposits at Silicon Valley Bank and Signature Bank. NPR estimates the FDIC will backstop $175 billion in deposits under the deal. Hence, the federal government will now bailout any business or…

Investors are wondering about BNY Mellon’s stability after the near collapse of another specialized financial institution, First Republic Bank (FRC). Fears that First Republic (FRC) could collapse led BNY Mellon (BK) and 10 other banking giants to organize a $30 billion bailout. First Republic will use the money to cover…

To appease the minority of Republicans who think failed President Donald J. Trump Sr. (R-Florida) is not crazy enough. Governor Ron DeSantis (R-Florida) is running for president. Unfortunately, the billionaire elite and big business loves DeSantis because he will ignore America’s problems and fight bullshit culture war. …

The collapse of empires is a complex and messy process that can reshape history overnight. Hence, we need to fear the impending collapse of the American Empire. Notably, Chinese diplomats negotiated a sudden normalization of relations between Iran and Saudi Arabia that could lead to a peace deal. This deal…

Strangely, an English corporation, the British East India Company, launched the international drug trade in the late 18th century. The British East India Company began as a trading venture. Queen Elizabeth I chartered the company on 31 December 1600. The original business plan was to import spices from Indonesia. …