📝 Lomez on X:
"Zoomers are the first cohort to be fully immersed in the reality of generational downward mobility. While millenials will also earn less than their parents, they were formed under the expectations of America ascending to a kind of Post-History stasis where at worst their status and wealth was permanently locked in.
Zoomers have none of these illusions and rightfully reject the obsolete and facile narratives they’re expected to swallow and obey to make sense of their lives and ambitions. Those are dead narratives. They do not reflect reality at all. They do not reflect the deranged cultural and political circumstances they’re expected to navigate from a position of negative expected value for pretty much any career path outside of genius tech outlier.
Scolding them is a stupid and pointless exercise that will only drive them further into despair and resentment.
Yes. Don’t be resentful. Don’t give in to despair. Be resourceful and lay a claim on your own life. But it’s also going to require offering Zoomers much better and updated narratives and opportunities for how to accrue status and wealth and the basic conditions for living a dignified life for the average guy who is not an outlier tech genius.
There are short, medium, and long term fixes for this. Some straightforwardly political. Some more complex cultural questions. But the implicit promise of boomer America, even Gen X America, is no longer viable, and that broken promise has absolutely nothing to do with Zoomers themselves."
📎 Lomez
“Why is this country trying to kill us?”
Major toilet paper brands in America have been found to contain forever chemicals. PFAS cause cancer, hormone disruption and more
Major brands include
21 in brands total were found to contain forever chemicals. It should be illegal
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🚨All Australians must proceed with extreme caution regarding what they own, say, or share online in relation to the now-prohibited hate group ‘White Australia’ and its once associated political branches- NSN & EAM.
Demonstrating membership, support, recruitment, coordination, fundraising, or other forms of assistance towards said "hate group" can carry a maximum of 15 years imprisonment.
•Don't praise the group online.
•Don't share spinning sonnenrad edits with NSN footage.
•Delete all related photos & videos of said group
•Leave any group chats that include numerous ex-members, even the dead chats from 2 years ago
Please take this seriously.
Don’t allow yourself to become an example made by the state.
The law will come into effect from midnight.
🛢 Oil Markets Are Dangerously Complacent About What’s Coming — Commodities Veteran Jeff Currie
Jeff Currie, former Goldman Sachs global head of commodities research and now senior adviser at Carlyle, warns financial markets are catastrophically underestimating the oil crisis building beneath the Iran war.
📌 “You’re borrowing oil from the future”:
“There’s a big difference between a deficit and a shortage. We’re in a deficit. Demand is above supply. We are drawing inventories.”
U.S. distillate inventories have already fallen to 102 days of supply from 120 just weeks ago. Gulf Coast tank bottoms sit around 200–220 million barrels. “If you get below 220, you’re already in a pretty tricky situation. We’re not that far away.”
📌 “You’re going to have to feel it”:
Currie says the inflection point where deficit becomes outright shortage could arrive within days: “If you’re at 102, you’re going to feel it like any day.”
📌 The Strait of Hormuz ...
🇺🇸🇪🇺🇯🇵🇨🇦🇬🇧 G7 finance ministers to meet amid warning of economic consequences of prolonged Strait of Hormuz closure
Ahead of a meeting of finance ministers from the Group of Seven developed economies in Paris on Monday, a senior European official says the situation in the Middle East has highlighted how exposed the interconnected global economy is to external shocks.
“Opening the Strait of Hormuz and bringing the conflict to a lasting end are of the utmost importance in mitigating the impact on the economy,” Eurogroup President Kyriakos Pierrakakis said in a statement.
The Eurogroup is a body that brings together ministers from the euro area and is being represented at the G7 meeting by Pierrakakis, who is also the Greek finance minister. The G7′s core members are the U.S., U.K., Canada, France, Germany, Italy and Japan.
“The European economy has proven resilient in the face of this energy crisis. Yet, the global economy will feel the pressure – even if ...