Good Samaritan kills 16-year-old shooter...
That right there is one hell of a badly mangled analogy.
Thought that one up himself, he did.
Good Samaritan kills 16-year-old shooter...
That right there is one hell of a badly mangled analogy.
Thought that one up himself, he did.
Drudge and more importantly the Washington Examiner should be ashamed of themselves for putting up this crap.
The Iran war and $40 trillion debt just made Chinese bonds look safe
by William Nye, student and columnist from Australia
Yeah, Chinese bonds look so safe that China itself owns TWO TIMES MORE UST than foreigners hold of China's own goddam government bonds, and both sums are tiny little dwarfs compared with the $40 trillion U.S. government debt market.
Foreigners own $0.2962 trillion of Chinese government debt as of mid-2026.
China in June owned $0.6334 trillion of U.S. government debt at the very same time.
Meanwhile foreigners altogether owned $9.299 trillion of U.S. debt in June.
Bonds are only as good as the people backing them and as good as the government which can tax them to pay them off.
Individual median disposable income in the United States in 2023 was more than EIGHT TIMES higher than in China at $38,110 compared with China at $4,588.
In America tax compliance on wages and salaries is nearly 100%.
In China you need to roll out the tanks.
Stupid people read these stupid headlines and stupid articles and stay stuck on stupid.
Too often that leads to getting stuck to the pavement.
... "By allocating to RMB bonds, foreign investors can reduce portfolio volatility and improve risk-adjusted returns." ... "In the face of frequent geopolitical risks, the safe-haven role of RMB bonds has emerged," Yu said, adding that as the RMB internationalization progresses, demand for RMB assets as reserves is growing, and this is expected to support the growth of RMB bonds holdings by central banks and sovereign wealth funds.
LOL, what a crock.
Foreign investors own less than $1 trillion of Chinese debt, compared with over $9 trillion of U.S. debt.
... [U.S.] Treasuries are relied upon by global central banks as the pre-eminent reserve asset, since the $30tn market for the securities is the biggest and deepest in the world. ...
More.
Stephen Miller Offers a Strongman’s View of the World
... “We live in a world in which you can talk all you want about international niceties and everything else, but we live in a world, in the real world, Jake, that is governed by strength, that is governed by force, that is governed by power,” Mr. Miller told Jake Tapper of CNN on Monday, during a combative appearance in which he was pressed on Mr. Trump’s long-held desire to control Greenland. ...
... Explosions were reported in the Venezuelan capital, Caracas, at about 2 a.m. local time (0600 GMT), according to images circulating on social media that could not be independently verified. ...
More.
... Soleimani was assassinated on 3 January 2020 around 1:00 a.m. local time (22:00 UTC 2 January),[158] by a U.S. drone strike near Baghdad International Airport.[159]
More.
NEW DRUDGE REPORT APP 2026!
FIRST ALERTS, SPEED, CLASSIC VIEW AND COLUMN ZOOM...
ALWAYS EDITED BY HUMAN BEING...
IPHONE/IPAD...
ANDRIOD SOON...
... The 9:25 p.m. update listed a 5.7 feet wave in Kahului, 4.9 feet in Hilo, 3.9 feet in Hanalei, 2.3 feet in Makapuu, 1.2 feet in Waianae and 1.1 feet in Honolulu. Other Hawaii areas listed were about 1 foot or less.
Television footage showed some flooding in parking lots in Hilo Bay and Hanalei, but no significant damage has been reported. ...
More.