We know what’s coming and we are prepared.
Europe is crippled by two fears that kill massive company creation.
Fear of failure and fear of success.
America turned failure into a badge of honor, a “near-pornographic” obsession with it as proof you’re swinging big.
Europe does the opposite on both counts.
Failure carries shame, and wild success is culturally toxic in social democracies.
Founders building something enormous quickly feel pressure to cash out early rather than dominate.
And the result is plenty of competent mid-sized firms. Almost zero world changing outliers.
No European Google. No Amazon. No Microsoft.
America’s edge has been the reverse, tolerating and rewarding big success while treating failure as data, not disgrace.
That combination built the most dynamic entrepreneurship ecosystem on Earth.
But the European disease is spreading here.
Socialist policies and “eat the rich” culture taking over big cities with punitive taxes on success, regulatory moats, and open disdain for winners are breeding the same risk aversion and envy.
Ambition gets short-circuited and scaling becomes politically risky.
The entrepreneurship ecosystem shrinks. Founders hesitate on moonshots. Capital and talent flow to freer places. Quick exits replace empire building.
And society loses the most. The outlier companies that never get built won’t create millions of jobs, new industries, and transformative progress that raises living standards for everyone.
Wealth that isn’t created can’t be redistributed.
Europe chose envy and security over ambition and dynamism and it’s paying for it in technological lag.
America doesn’t have to, unless we let the same mindset take root in our own cities.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
🇺🇸🇮🇷⚡️- “U.S. Central Command (CENTCOM) completed another round of strikes against Iran at 9 p.m. ET, July 20.
U.S. forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites, and air defense systems to degrade Iran's ability to continue attacking commercial vessels flowing through the Strait of Hormuz.
Commercial vessel transits through the vital international maritime corridor continue. Since early May, CENTCOM forces have helped facilitate the transit of approximately 900 commercial vessels and 450 million barrels of crude oil.
American forces remain postured and prepared to hold Iran accountable for unwarranted aggression toward civilian mariners seeking to freely and openly transit the strait.” - U.S. Central Command.
“This is insane!” — A new vaccine is on the market called VAXELIS lt has 6 VACCINES in ONE SHOT for 6-WEEK-OLD BABIES...6 Infants Died In Trials.
How can this be allowed to happen ?
Dr. Jeff Barke
Mike
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🌆 Market News Digest
[2026-07-19 17:00–2026-07-20 16:30 EST]
🔥 Top Stories
• U.S.-Iran conflict escalates — fresh U.S. strikes, Iranian retaliation, and talks/ceasefire chatter keep markets on edge
• Oil surges on Hormuz risk — Brent topped $90 intraday, WTI near $83, with tanker incidents and Saudi/Hormuz shipping threats
• Trump escalates pressure on Iran — says Iran will “pay” for U.S. deaths; U.S. adds aircraft and signals next campaign phase
• Canada CPI cools — headline CPI eased to 2.8% y/y, supporting easier BoC path and denting CAD
• UK government reset — Starmer resigned; Burnham took over with a reshuffled cabinet, pledging fiscal rules but more flexibility
⛽ Oil & Energy
• Tankers hit / shipping disrupted — fires, explosions and drone threats in Strait of Hormuz, Bahrain, Kuwait and off Oman
• Chevron shuts Petronius output — Gulf platform shut-in as storm risk adds to energy supply worries
• CPC oil loadings suspended — attacks on tankers halt Kazakhstan ...
⛽️ While the price of crude oil is still below the prices seen during the peak of the 3rd Gulf War fighting, diesel prices on the other hand are surging and surpassed their peak in May.
Diesel is the most important fuel for the global economy, widely used in agriculture to fuel tractors and combine-harvesters.
@CIG_telegram
