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
London Police roll out military-grade riot trucks.
The Met Police just dropped £3.2 million on 18 Israeli-built Sandcat armoured beasts - 9,000kg each, built for warzones, now weaving through London traffic.
They are bulletproof, bomb-resistant, and big enough to haul 11 officers into "extreme public disorder."
They are reportedly not operational yet, just “training.”
What are they training for?
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The DOJ has eliminated disparate-impact regulations today, rolling-back the liability priority of the 1964 Civil Rights Act which gave an advantage to people ‘statistically likely to experience discrimination’ such as non-Whites, the LGBT and non-Christians.
This means discrimination in a federal legal context must be proven by intent and conduct, making it harder to merely accuse businesses or White men of discriminating for maintaining reasonable standards.
Portsmouth City Council ban Christmas wreaths.
Liberal Democrat-run Portsmouth City Council turned Scrooge as it told tenants that they could not hang a wreath on the front-door of their flat.
Housing officers from the council sent out hundreds of letters threatening Christmas-loving locals with fines and removal should they not comply with the order.
The letters insist that tenants "must not leave items in the communal areas" to abide by their tenancy agreements.
