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Trillions

🇺🇸⚔️🇮🇷 Pentagon Says Iran War Cost $25 Billion. An Economist Says Try Trillions.

The Defense Department’s $25 billion price tag for Operation Epic Fury covers only missiles fired, planes flown, and equipment lost — and little else, University of Michigan economist Justin Wolfers argues in a New York Times op-ed published Sunday.

The fuller accounting, he writes, runs into the hundreds of billions, and possibly trillions:

▪️ Geopolitical risk: Fed economists estimate heightened risk of this scale costs roughly $200 billion and leaves a million fewer Americans employed within a year

▪️ Interest rates: With rate cuts now off the table, the Fed’s likely response could cost another $200 billion in lost economic output

▪️ Stock market: Wolfers estimates the war has wiped roughly $3 trillion off S&P 500 valuations. Oil prices could be elevated through 2028.

▪️ Growth: Goldman Sachs projects U.S. GDP growth will be 0.5 percentage points lower — around $400 billion in lost income over two years

▪️ Defense spending: The administration’s 2027 defense budget request is $1.5 trillion — a 40% increase, or roughly $4,000 per American household

Budget Director Russell Vought, asked by Congress for a war cost figure in April, said: “I don’t have a ballpark for you.”

🔗 https://archive.ph/crOcu

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PN I know I disappeared for awhile. I’ve been writing a little but not much. I had a death in my family and it hit hard. I’m trying to get moving but having a hard time.
I want you to know my husband works for one of the largest trucking companies in the country driving heavy haul. He delivers feed to all the chickens out here in the pacific nw. Up and down Wa and Or. He will not be participating in the protest 10/1 due to the fact that he is company and this job was hard to find. He feels diesel is going up in a very bad way. That’s the word with the truckers. If things continue the way they are it may be $8-10 a gallon in ten days. They are trying to break us. His company subsides the diesel through the government so they don’t feel the effect except when seeing the pumps. He feels that they will be affected heavily by the end of the month, the company rigs that is. It’s going to get very nasty and with all this stuff in the middle east with both straits, as you already ...

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Keep It Simple

5 Things You Should NEVER Share With ChatGPT

1. Your medical information or health info

2. Confidential or proprietary work information

3. Your financial information

4. Any personally identifiable information

5. Intimate details about your personal life.

All data you share will be stored, analyzed, and potentially reused. Sensitive details about your thoughts, behaviors, mental state or relationships in these conversations are not legally protected and could potentially be used as evidence in court.

Remember, data is the greatest value that AI companies can extract from us. Treat AI conversations like semi-public spaces, not private diaries.

AI is a data processor, not your friend .
It's not your therapist and it's not your confidant. – Source

This doesn't just go for ChatGPT but ALL AI chatbots.

Data is the new oil in the age of technocracy.

Once you put your life into a machine, you don't control where that information goes next.

Think before you share.

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