We know what’s coming and we are prepared.
🇺🇸 The Atlanta Fed’s GDPNow says the U.S. is growing at +3.8%.
But Moody’s Analytics finds 22 states + D.C. already in recession, from Washington to Georgia to Massachusetts.
So... are we booming, or breaking?
Moody’s chief economist Mark Zandi says the U.S. is “on the precipice” of a damaging contraction.
Job losses are mounting in states tied to manufacturing, farming, and transport, while high-cost states like Georgia are now seeing population pullbacks.
Even California and New York are “treading water.”
GDP paints one picture - broad averages lifted by consumer spending and services.
But the micro data tell another story...goods-producing regions are cracking.
In past cycles, state-level recessions often lead national ones.
The fissures start small… until real cracks appear
Zandi blames policy uncertainty: tariffs, job cuts, and stalled labor growth.
Others say the slowdown’s overhyped.
Either way, 22 recessions inside one economy isn’t a "no landing"...it’s a warning.
🔗 Simon Ree
WEF co-chair and BlackRock CEO Larry Fink boasts that his firm's global reach grants him unparalleled influence over future world leaders—including Keir Starmer—"before they win".
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Zohran Mamdani’s intern Arzoo Malik is calling for a Holy War through Jihad and martyrdom:
“This is all jihad, this is all ibada, and this is all counted for by Allah.”
She shrugs off the consequences—doxing, arrest, suspension:
“How gangster are you?... How committed am I to this?... What am I willing to sacrifice for this noble cause?”
And she’s at peace with the fallout.
“If you get suspended, if you get doxed… it will never, ever be in vain.”
🇮🇳 Indian citizen, Bankim Brahmbhatt scammed BlackRock and BNP Paribas out of 552.6 million $ to fund a fake private equity fund, Carriox Capital
Brahmbhatt ran Carriox Capital, a New York telecom financing outfit that convinced BlackRock's HPS Investment Partners and BNP Paribas to lend him $552.6 million. The entire deal was built on one claim: he had legitimate receivables from T-Mobile, Telstra, BICS, Telecom Italia Sparkle, and Taiwan Mobile backing the loans.
None of it was real. Brahmbhatt forged contracts that appeared to be signed by representatives from these carriers. He created fake invoices supposedly issued by these companies claiming they owed Carriox money. Then he spoofed email addresses mimicking these carriers' real domains and sent fake verification emails to make the receivables look legitimate. By stacking these fabricated invoices on top of each other, he created what looked like $500+ million in collateral. The lenders saw assets and funded the deal without ...
A picture from this week.
His "smart water purifier" wouldn't give him any water, because it depended on the Amazon "cloud" to work, and Amazon Web Services (AWS) crashed.
AIPAC is now apparently having their donors give money to candidates "directly" (through some shady backchannel), rather than through their own organization.
This allows them to avoid the stigma of being "AIPAC-funded."
"The site appears to be using Democracy Engine LLC as the vendor, meaning they may be able to skirt FEC requirements to 'earmark' the donation, but what's also clear is that donors are being sent this link from AIPAC driving donations without any transparency of that happening," Matthew Eadie reports.
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