We know what’s coming and we are prepared.
🇺🇸 The US government has now entered day number 35, making it the LONGEST in history.
Since the shutdown began on October 1st, the US government has borrowed $600 BILLION worth of debt.
That's +$17 billion PER DAY.
Today marks day 35 of the 2025 US government shutdown.
This ties the longest shutdown in history seen during President Trump's 1st term, in December 2018.
Historically speaking, the average length of a shutdown is 8 days.
The current shutdown is now 4.5 TIMES longer.
And, the end appears to be distant at best.
Currently, markets see the US government shutdown lasting until December 1st, per Polymarket.
This would mark a 61 day government shutdown, or 26 days LONGER than the current record.
The economic implications are spreading.
Since October 1st, 3.2 MILLION US airline passengers have been impacted by delays or cancellations.
With the shutdown expected to last through Thanksgiving, ~3.5 million delays/cancellations are expected in Thanksgiving week.
Disruptions may exceed 10 million by December 1st.
Since the shutdown began, federal unemployment claims have skyrocketed.
The number of federal employees filing for unemployment has jumped +1,200% since the shutdown began on October 1st.
This officially marks the highest number of federal unemployment claims since 2018.
In a report provided to The Kobeissi Letter by the Congressional Budget Office, the shutdown will now:
1. Reduce Q4 GDP by up to 200 bps
2. Erase -$39B from economy
3. Delay up to $48B worth of payments
4. Delay $23B in paychecks for Federal workers
The shutdown must end.
🔗 Kobeissi Letter
China is now closing mosques and converting them into barns for raising chickens as a way to fight radicalism. China officially considers Islam a ‘mental illness.’ Do you like this idea?
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🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.
