"What this means is that private credit balance sheets are potentially a nuclear bomb waiting to detonate."
I feel like, on top of the douchery Trump offers instead of diplomacy, a fair number of countries are calculating whether Iran or the US is more likely to be holding Hormuz in two months, and betting accordingly.
Pam Bondi dropped the cases against 4 accused drug dealers for resource reasons in MN, even as the entire office focused on processing snatched grannies.
Turns out she did the same on much larger scale last year.
www.propublica.org/article/trum...
they did this on Trans Day of Visibility.
This is the photo of Karoline Leavitt by the AFP wire service that the White House complained about and AFP pulled. AFP says its action was unrelated to the complaint. (Yeah, sure.)
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Reuters: U.S. SUPREME COURT RULES AGAINST COLORADO LAW BANNING 'CONVERSION THERAPY' THAT AIMS TO CHANGE A MINOR'S SEXUAL ORIENTATION OR GENDER IDENTITY
Private equity is depicted as a ruthless, unstoppable force destined to slurp up every company in the country & bleed them dry. In reality, the industry made a huge mistake in 2022 by overvaluing their portfolio companies, and now they're desperate for a way out. Me and Moe Tkacik tell the story. 🧵
The allies spent a lot of time playing the five D's of dodgeball to avoid offending Trump. Those days are now over. Refusing overflight/bases is as big an FU as it gets.
And, yes, this is almost assuredly playing well in these countries' domestic politics.
