Shitshow Macro Pod Weekly Wrapup is posted:
Topics covered/links
Domestic:
-Back & forth over TX law to battle illegal immigration
-Foreign spyware on the devices of multiple US elected officials
-Nikki Hailey was widely trounced by Trump on Super Tuesday
-Florida FBI posts BOLO for Iranian intel officer who is suspected of recruiting “wet work” teams to target former Trump officials
-Interview with Tony Schafer and The Duran on the “flying monkeys” and discombobulated foreign policy of The Biden administration
War/Military:
-Hamas still refusing to provide a list of hostages who are still alive, including 6-8 American citizens
-Viral videos of Hamas ridiculing and refusing to eat the MREs dropped to them by America
-IDF released audio recordings this week of 2 UNRWA employees bragging about taking Israeli hostages as “sex slaves,” even using the specific ISIS terminology for the action
-Ukraine sunk another major Russian Navy vessel this week as the nation learns to use unmanned attack submersibles with great accuracy and effectiveness
-Houthis sunk a US-owned ship this week and cut 2 more underwater comms cables bringing the total to 3
-Atomic monitoring agencies make statements that Iran may have enough enriched uranium to conduct nuclear tests by next week
-Reports came out today that NATO bombers have been approved to carry nukes in response to the Russia/Ukraine war, which is a scary escalation
Markets/economics:
-True stats of the current labor market from ZeroHedge:
--US has lost 284k full-time jobs in the last year, replaced with 921k part-time jobs
--12 million foreign-born jobs were added in February 2024 alone
--In the past 3 months, a record 2.4mm native-born jobs have been lost (a record ex-COVID crash), including 494k jobs lost in February
--Since May 2018, there have been zero jobs created for native-born Americans. All new jobs in the past 6 years have gone to immigrants, legal and illegal, on the aggregate
--People (and companies) will do what they are incentivized to do
-Today’s job report shows that unemployment has risen to 3.9%, more people are having to take on 2nd jobs, and yet again the prior job openings report by BLS had to be revised downward by 35%
-NVDA had a massive drop starting on Friday morning and continuing into the after-hours - we’ll see how that plays out, but my warning from the last podcast still stands
Geopolitics:
-Haiti instability increasing, 4k prisoners broken out by gangs earlier this week, some reports show they are already making their way to the US.
--Insurrection leader Barbecue made statements that if the government isn’t toppled/changed it will lead to civil war and genocide
-Venezuela has passed a law saying that its military has the authority to invade Guyana to take the oil-rich 70% of the land in that nation
-UK raised its terror threat to the highest level since 9/11, specifically citing threats during Ramadan
-NATO ran a military exercise in the Nordic nations this week w/ 20k soldiers from 13 nations specifically called a “show of force” towards Putin and Russia
-Leftist eco-radical Vulkangruppe claimed responsibility for setting a massive fire that shut down the Tesla “gigafactory” in Berlin
-UN is planning to fund UNRWA again, despite a UN report finding that many members of that group in Palestine were members of Hamas, with some participating in the 10/7 events and even taking hostages
-Israel has recalled its UN ambassador in response to the UN slow rolling and covering up a report outlining the gruesome and horrific sex crimes and sexual violence perpetrated by Hamas on 10/7
-Iran is currently agitating its proxies to overthrow the king in Bahrain, which just happens to be where the US Navy’s 5th fleet is located
-China has instructed - not asked - the US to cease all communications with Taiwan
-China has its national congress coming up, and importantly removed all verbiage of “peaceful reunification” with Tawain from their defense budget while upping defense spending significantly.
Topics covered/links
Domestic:
-Back & forth over TX law to battle illegal immigration
-Foreign spyware on the devices of multiple US elected officials
-Nikki Hailey was widely trounced by Trump on Super Tuesday
-Florida FBI posts BOLO for Iranian intel officer who is suspected of recruiting “wet work” teams to target former Trump officials
-Interview with Tony Schafer and The Duran on the “flying monkeys” and discombobulated foreign policy of The Biden administration
War/Military:
-Hamas still refusing to provide a list of hostages who are still alive, including 6-8 American citizens
-Viral videos of Hamas ridiculing and refusing to eat the MREs dropped to them by America
-IDF released audio recordings this week of 2 UNRWA employees bragging about taking Israeli hostages as “sex slaves,” even using the specific ISIS terminology for the action
-Ukraine sunk another major Russian Navy vessel this week as the nation learns to use unmanned attack submersibles with great accuracy and effectiveness
-Houthis sunk a US-owned ship this week and cut 2 more underwater comms cables bringing the total to 3
-Atomic monitoring agencies make statements that Iran may have enough enriched uranium to conduct nuclear tests by next week
-Reports came out today that NATO bombers have been approved to carry nukes in response to the Russia/Ukraine war, which is a scary escalation
Markets/economics:
-True stats of the current labor market from ZeroHedge:
--US has lost 284k full-time jobs in the last year, replaced with 921k part-time jobs
--12 million foreign-born jobs were added in February 2024 alone
--In the past 3 months, a record 2.4mm native-born jobs have been lost (a record ex-COVID crash), including 494k jobs lost in February
--Since May 2018, there have been zero jobs created for native-born Americans. All new jobs in the past 6 years have gone to immigrants, legal and illegal, on the aggregate
--People (and companies) will do what they are incentivized to do
-Today’s job report shows that unemployment has risen to 3.9%, more people are having to take on 2nd jobs, and yet again the prior job openings report by BLS had to be revised downward by 35%
-NVDA had a massive drop starting on Friday morning and continuing into the after-hours - we’ll see how that plays out, but my warning from the last podcast still stands
Geopolitics:
-Haiti instability increasing, 4k prisoners broken out by gangs earlier this week, some reports show they are already making their way to the US.
--Insurrection leader Barbecue made statements that if the government isn’t toppled/changed it will lead to civil war and genocide
-Venezuela has passed a law saying that its military has the authority to invade Guyana to take the oil-rich 70% of the land in that nation
-UK raised its terror threat to the highest level since 9/11, specifically citing threats during Ramadan
-NATO ran a military exercise in the Nordic nations this week w/ 20k soldiers from 13 nations specifically called a “show of force” towards Putin and Russia
-Leftist eco-radical Vulkangruppe claimed responsibility for setting a massive fire that shut down the Tesla “gigafactory” in Berlin
-UN is planning to fund UNRWA again, despite a UN report finding that many members of that group in Palestine were members of Hamas, with some participating in the 10/7 events and even taking hostages
-Israel has recalled its UN ambassador in response to the UN slow rolling and covering up a report outlining the gruesome and horrific sex crimes and sexual violence perpetrated by Hamas on 10/7
-Iran is currently agitating its proxies to overthrow the king in Bahrain, which just happens to be where the US Navy’s 5th fleet is located
-China has instructed - not asked - the US to cease all communications with Taiwan
-China has its national congress coming up, and importantly removed all verbiage of “peaceful reunification” with Tawain from their defense budget while upping defense spending significantly.
The Intercept
The Informant at the Heart of the Gretchen Whitmer Kidnapping Plot Was a Liability. So Federal Agents Shut Him Up.
Internal FBI reports and undercover recordings reveal that federal agents were concerned about entrapment claims.