The 2025 US National Security Strategy is a panic manual for a declining empire. It confesses the old model of global exploitation failed, hollowing out America’s own industrial base. the solution it proposes is a brutal shift enforcing a "Trump Corollary" for colonial control of Latin America, demand Europe fend for itself, and wage total economic war on China. This is the blueprint for capitalism’s new, zero-sum phase. #usa #geopolitics #capitalism
European governments are preparing to revisit one of the EU’s most controversial surveillance ideas: forcing online services to retain vast amounts of user data for up to a year. #eu #privacy #technology
Oracle reportedly delays several new OpenAI data centers because of shortages — tight material and labor supply frustrate expansion plans, possibly by a year or more. #usa #economy #technology
The gradual but relentless economic decline of Europe. Chart shows its share of global GDP PPP. #europe #economy #economics image
Oracle just lost $35 billion in market cap in 48 hours. Oracle's five-year credit default swaps hit 126 basis points. The highest since the 2008 financial crisis. Oracle's free cash flow this quarter was negative $10 billion. This is the company upon which OpenAI's entire compute infrastructure now depends. Morgan Stanley's Lisa Shalett last month: "We're in the seventh inning." Looks like the reckoning just arrived and the bubble is popping. #usa #economy #tech #ai