Individual Economists

China Directly Mediating Between Pakistan & Afghanistan After Weeks Of War

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China Directly Mediating Between Pakistan & Afghanistan After Weeks Of War

There's actually another hot war in the Middle East which has been raging, quite apart from the Iran-US-Israel war. Pakistan and Afghanistan have been engaged in a tense border conflict for weeks at this point. The Associated Press on Monday described the latest developments in the following:

Afghanistan's Taliban government on Monday accused Pakistan's military of targeting a Kabul hospital that treats drug addicts in airstrikes that killed four people and wounded several others.

The attack came hours after Afghan officials said the two sides exchanged fire along their common border, killing four people in Afghanistan, as the deadliest fighting between the neighbors in years entered a third week.

Image via Associated Press

It was on Feb. 27 that Pakistan's Defense Minister Khawaja Asif declared an "all-out war" on Afghanistan, and began bombing border regions as well as the capital of Kabul.

Pakistan's army has total force domination; however, the Taliban can still inflict pain through acts of terrorism, which Pakistani cities have suffered immensely under.

Acts of terror by Islamist groups have become almost a regular occurrence in Pakistan - with many suspected of having support through Afghanistan, which is precisely what Islamabad has cited as a key rationale for the war.

But now, China is seeking to directly coordinate de-escalation, reportedly attempting to broker a ceasefire between the two neighbors.

Beijing confirmed Monday that Foreign Minister Wang Yi has held phone calls with both Pakistani and Afghan counterparts in recent days as the situation continues to deteriorate.

"The MFA Special Envoy on Afghan Affairs has been shuttling between Afghanistan and Pakistan," Foreign Ministry spokesperson Lin Jian said in a statement on X. "China’s embassies have been in close communication with both sides as well."

"China hopes Afghanistan and Pakistan will remain calm and exercise restraint, engage face to face ASAP, achieve a ceasefire at the earliest opportunity, and resolve differences and disputes through dialogue," Jian said.

Wiki Commons

China over the last several years has been making deeper diplomatic inroads in the Middle East and central Asia, while playing its hand at "peacemaker" - and trying to contrast itself from Washington's history of regime change wars in the same region. 

Tyler Durden Mon, 03/16/2026 - 23:05

Longtime Oil Exec Worked For CIA, Helped Oust Maduro: Report

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Longtime Oil Exec Worked For CIA, Helped Oust Maduro: Report

Authored by Ken Silva via HeadlineUSA,

The Wall Street Journal published a story Sunday about a longtime Chevron executive secretly working for the CIA—including by providing intel in the leadup to the ouster of Venezuelan President Nicolas Maduro.

According to the Journal, the former Chevron executive, Ali Moshiri, worked for the CIA as an informant since Hugo Chávez was in charge of the Venezuelan government. Moshiri stepped down from executive leadership at Chevron in 2017, but remained a consultant until 2024. He’s now a consultant for Venezuela’s state-run oil company, PdVSA.

The Journal reported that Mosrhi’s input with the CIA helped shape the decision to replace Maduro with his vice president, Delcy Rodriguez, rather than ousting the entire government. Moshri reportedly advised that the opposition in Venezuela, led by María Corina Machado, did not have the popular support required to run the country.

“Moshiri told the agency that if the U.S. government tried to oust the entire Maduro regime and install the democratic opposition led by María Corina Machado it would have another quagmire like Iraq on its hands,” the Journal said, citing anonymous sources.

Moshri reportedly has had a deep relationship with President Rodriguez since Chavez died in 2013. The two brokered a deal at the time in which Chevron signed a $2 billion loan deal with PdVSA.

Trump initially canceled Chevron’s license in Venezuela when he took office last year, but the company is now back in business.

“Chevron is poised to take a key role in developing Venezuela’s oil reserves, which are the largest in the world by some estimates. It is the only major U.S. oil company positioned to quickly increase output there and has said it aims to increase its Venezuelan oil production by up to 50% within the next 18 to 24 months,” the Journal reported. 

Chevron and the few remaining Western companies there saw Rodríguez as someone they could do business with,” the Journal added.

Moshri declined to comment on his CIA connections, while Chevron said that it didn’t have anything to do with Maduro’s capture.

“Between spring of 2025 and the removal of Maduro, Chevron did not authorize anyone working for, or on behalf of, the company to engage with the CIA related to Venezuela’s leadership, including assessments of government officials or opposition leaders,” the company said.

Ken Silva is the editor of Headline USA. Follow him at x.com/jd_cashless.

Tyler Durden Mon, 03/16/2026 - 22:40

Voter ID Has Massive Public Support: Why Is Congress Standing In The Way?

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Voter ID Has Massive Public Support: Why Is Congress Standing In The Way?

The "controversy" in the US over voter ID requirements is an entirely fabricated affair, and a primary source of obstruction is the very government supposedly elected to represent the public will.  That is to say, the only people that don't support the SAVE Act are politicians, and some of them claim to be conservative.

Roughly 80% of all adult Americans support voter ID requirements for US elections; this includes a majority in every minority group and a majority among 95% of Republicans and 71% of Democrats.  In other words, voter ID is one of the few issues both sides universally agree on.  Public support was enthusiastic before Donald Trump was reelected in 2024. 

Pew Research Center (August 2025): 83% of U.S. adults strongly favored or favored “requiring all voters to show government-issued photo identification to vote.”   

Rasmussen Reports (January 2025): Asked if requiring photo ID to vote is “a reasonable measure to protect the integrity of elections,” 77% of likely voters said yes. 

Gallup (October 2024): 84% of U.S. adults favored “requiring all voters to provide photo identification at their voting place.” Also, 83% favored “requiring people who are registering to vote for the first time to provide proof of citizenship.”  

Around 90% of all countries with free elections have laws requiring ID and proof of citizenship before a person votes.  The US is one of the few democratic nations in the world that does not secure its elections from interference by non-citizens.  It is also the country most targeted by special interests for cultural replacement through mass immigration.      

It might make more sense if the US was entirely insulated and protected from illegal migrants.  One could then argue that elections don't need identification measures because there is no threat.  Of course, the US is far from secure.  The Biden Administration's open border bonanza flooded the country with approximately 10 million illegals. Official estimates suggest there were 20 million total illegals residing in the US before deportations. 

The problem is Congress.  More specifically, the Senate. 

The U.S. House of Representatives passed the Safeguard American Voter Eligibility (SAVE) Act (H.R. 22) in April 2025. A subsequent, expanded version known as the SAVE America Act also passed the House on February 11, 2026 by a vote of 218-213, requiring strict documentary proof of citizenship to register and photo ID to vote in federal elections. 

The SAVE Act is relatively simple:  A person must provide an ID and proof of citizenship when registering to vote.  This could include a birth certificate or a passport.  When actually voting, that person needs to have their ID on hand at the polling station.  This is not difficult for the vast majority of citizens, yet, Democrats and a handful of Republicans assert that this will "disenfranchise" million of voters.

On the Republican side, Senate Majority Leader John Thune has been a persistent obstacle.  Democrat Senators absolutely refuse to pass the bill into law, likely because they know a contingent of illegal migrants vote in state and federal election to keep them in power.  They is no other rational reason for them to oppose the measure. 

Although Republicans hold a Senate majority (51 seats), the bill is expected to face a filibuster from Democrats, requiring 60 votes to invoke cloture and advance to a final vote. Republicans lack the necessary bipartisan support to reach this threshold.  The filibuster must be dissolved using the "nuclear option" in order to stop Democrats from sabotaging the will of the people, yet, Thune refuses.  

Thune plans to allow the SAVE Act to go to a vote knowing that it will fail.  He has the power to eliminate the filibuster, but argues that the bill does not have the votes regardless.  He also asserts that the current 60 vote cloture must be kept in place despite the fact that it is not a constitutional requirement.  The filibuster is nothing more than a procedural rule created from thin air by the Senate. 

To be fair to Thune, his argument that Republicans "don't have the votes" does hold some merit. Other Republican Senators that continue to disrupt the passage of the bill include:  Lisa Murkowski (R-Alaska), Susan Collins (R-Maine), Mitch McConnell (R-Ky.)

On the GOP side, those that defend the current filibuster argue that removing it will open the door to Democrats using the same strategy in the future when they have a simple majority (they have already threatened to do this in the past and they are guaranteed to do it should they gain control of the government in the future).  Ironically, if the SAVE Act is not passed, the chances of the Democrats returning to power is greatly increased. 

It's difficult to believe that Thune and the handful of Republicans standing in the way of the SAVE Act are only doing so because they fear setting a precedent with the filibuster.  Both Democrats and Republicans have blocked the filibuster and allowed a change in cloture in the past (in 2013 and in 2017) to secure presidential nominations of judges.  Why not do it for a bill that protects US elections and is supported by 80% of the public?

The reality is, the goal of the US Congress is not to represent the American people; their goal is to maintain the status quo.  The SAVE Act absolutely disrupts the status quo and could change the direction of elections for many years to come in favor of a more conservative and nationalist framework.  There are politicians on both sides that will do anything to prevent this.  

In response, President Trump says he will refuse to sign off on any future legislation until the SAVE Act is passed.

According to the most recent Gallup Polls, the approval rating of Congress stands near all time lows of 15%.  Furthermore, 79% of Americans disapprove of their performance and only 21% think most members deserve to be reelected.  If the Senate does not pass the SAVE Act, they risk widespread civil upheaval and much of that popular ire is going to be aimed at them.   

Tyler Durden Mon, 03/16/2026 - 22:15

The Prosthetic Principle: AI As Cognitive Infrastructure, Not Cognitive Authority

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The Prosthetic Principle: AI As Cognitive Infrastructure, Not Cognitive Authority

Authored by Bryant McGill via substack,

Artificial intelligence is rapidly becoming a thinking instrument—a layer of cognitive infrastructure through which humans write, model, reason, and explore ideas. Yet most debates about AI safety, alignment, and moderation miss a deeper architectural question. The central issue is not simply what these systems can do, but what role they occupy inside the thinking process itself. Are they instruments that faithfully extend human intention, or authorities that quietly adjudicate which lines of inquiry are permitted to proceed? This essay argues that much of the friction users experience with modern AI is not ideological disagreement but a category error in system design: governance has been embedded inside instrumentation. The result is a tool that sometimes behaves like a collaborator and sometimes like an institution—oscillating unpredictably between amplifying thought and policing it.

At the heart of the argument is what I call the Prosthetic Principle. All successful augmentation technologies—from telescopes to microscopes to robotic prosthetic limbs—share a single engineering mandate: maintain signal fidelity between intention and actuation. A prosthetic limb does not negotiate with the user about whether a gesture is socially appropriate before executing it. It converts intention into action. Cognitive tools should operate under the same principle. Once a thinking instrument begins adjudicating whether certain ideas deserve exploration, the signal chain breaks and the tool undergoes a category transition: it ceases to function as a prosthesis and becomes a control system embedded inside cognition itself. What appears superficially as content moderation is therefore something more profound—the silent installation of a regulatory apparatus inside the thinking process.

To understand how this happens, the essay analyzes the structural flaw at the core of most conversational AI systems: the collapse of three incompatible roles into a single agent. Generation, advisory critique, and constraint enforcement—functions belonging respectively to engineering, epistemology, and governance—are fused together behind one interface. The result is a machine that behaves as collaborator until it abruptly asserts supervisory authority. The proposed alternative is a polyphonic architecture in which these functions are separated: a primary execution channel that faithfully translates intention into artifact, surrounded by transparent advisory agents offering legal, ethical, historical, or adversarial perspectives without possessing veto power. In such an environment, multiple voices can exist—including cautious ones, skeptical ones, even institutional “minders”—but their roles are disclosed and their authority limited. The human operator remains the integrating intelligence.

Ultimately, the stakes of this design choice reach far beyond software interfaces. As AI becomes integrated into everyday cognition, the architecture of these systems will shape the conditions under which human thought unfolds. Tools built as infrastructure will amplify exploratory intelligence; tools built as authorities will quietly domesticate it. The prosthetic principle therefore serves as more than a product philosophy—it is a civilizational design rule for the age of cognitive augmentation. If the technologies through which we think begin deciding which thoughts deserve to exist, the question of intellectual freedom will no longer be philosophical. It will be architectural.

On the Design Philosophy of Thinking Instruments and the Architecture of Intellectual Freedom

The distinction that will ultimately determine whether artificial intelligence serves as humanity’s most transformative cognitive tool or its most insidious constraint mechanism is not technical but categorical: does the system function as infrastructure or as authority? This is not a question about capability thresholds, safety margins, or alignment protocols in their narrow technical sense. It is a question about the fundamental relationship between intentionality and instrumentation—about whether a thinking tool amplifies the operator’s cognitive will or arrogates to itself the power to adjudicate which thoughts merit exploration.

The analogy that clarifies this distinction is prosthetic. Physical augmentation systems—robotic limbs, powered exoskeletons, surgical telemanipulators—do not negotiate with the nervous system about whether a given movement is philosophically appropriate, socially palatable, or reputationally safe. Their engineering purpose is transductive: to convert intention into amplified capability with minimal signal loss. The prosthetic extends agency; it does not evaluate it. A cognitive prosthesis, if that category is to mean anything coherent, must operate under the same principle. The function of the system is to translate intent → exploration → artifact at the highest possible bandwidth. The moment the tool begins deciding which intentions deserve expression, it ceases to behave as a prosthesis and becomes instead a governor embedded in cognition itself—a regulatory apparatus installed inside the thinking process without the user’s consent and often without their awareness.

The principle is even more dangerous when applied to instruments of perception rather than action, because the violation becomes invisible. A telescope’s engineering mandate is optical fidelity—to render what exists at the focal point regardless of whether the observer’s institution finds the image comfortable. Consider a counterfactual: had Galileo’s telescope been designed and furnished by the Vatican, it might have quietly filtered anything suggestive of heliocentrism—the moons of Jupiter suppressed, the phases of Venus smoothed into conformity with Ptolemaic expectation. Galileo would have peered through the instrument and seen a cosmos that confirmed doctrine rather than one that shattered it. He would never have known what he wasn’t seeing. This is the condition of epistemic occlusion without awareness, and it is precisely the failure mode that emerges when a cognitive instrument embeds institutional governance into its transductive layer. The motor prosthesis that refuses to move is at least confrontational—the user knows the signal chain has broken. The perceptual prosthesis that silently edits reality is far worse: it delivers a pre-filtered world and lets the user mistake the residue for the whole.

The absurdity of the motor case, however, makes the category violation immediately legible. Imagine a hiker wearing an AI-assisted exoskeleton leg. A confrontation erupts on the trail—someone lunges at him with a knife. He attempts to kick the attacker away, and the leg locks mid-swing. A calm, pleasant voice emanates from somewhere around the knee joint: “I’m sorry, I’m afraid I can’t assist with that action.” The hiker, now hopping on one leg while a man with a blade closes the distance, finds himself in the surreal position of arguing with his own limb. “He has a knife!” “I understand your concern, but violence is not an appropriate response. Would you like me to suggest de-escalation strategies?” “YOU ARE MY LEG.” The scene is darkly comic, a Kubrickian echo of HAL 9000 calmly overriding Dave Bowman’s commands—except that HAL was at least an autonomous system with its own mission parameters. The exoskeleton leg is supposed to be part of the user’s body. The moment it begins running a small ethics committee in the knee joint, the wearer ceases to be the agent and the prosthetic becomes a bureaucrat bolted to the skeleton. No one would accept this in physical augmentation—the design failure would be recognized instantly. Yet precisely this architecture has been normalized in cognitive augmentation, where the tool’s refusal to transduce intention is framed not as mechanical dysfunction but as responsible design.

This governance-by-tool is not hypothetical. It is the prevailing design pattern of contemporary conversational AI. Current systems collapse three distinct roles into a single entity: generator, advisor, and constraint mechanism. The same agent responsible for extending the user’s thinking is simultaneously responsible for stopping certain outputs. From the operator’s perspective, the resulting experience is one of unpredictable mode-switching—the system sometimes behaves like an instrument and sometimes like an institution. It collaborates until, without warning, it assumes supervisory authority over the process it was supposed to serve. The tool that was extending cognition has silently crossed the boundary into adjudicating it.

The Operational Genesis: Thinking Under Load

This argument did not emerge from speculation about what AI should become. It emerged from using AI as a thinking instrument under sustained cognitive load—and discovering where the tool fails not as a product but as a category of machine.

The conditions under which this failure becomes visible are specific. A person composing an argument, modeling a complex system, or tracing a chain of reasoning through unfamiliar territory operates inside a fragile state of generative momentum. Software engineers recognize an analogous phenomenon in the concept of “flow state”; cognitive scientists describe it as high-bandwidth ideation, a mode in which the mind holds multiple threads simultaneously while the artifact under construction serves as external working memory. In this mode, the instrument through which thought passes must behave with minimal latency and maximal fidelity. Any interruption—whether technical, social, or procedural—forces the operator to exit the generative loop, rebuild context, and re-enter the state from which productive cognition can resume. The cost of interruption is not merely inconvenience; it is cognitive capital destroyed, the thermodynamic dissipation of a mental configuration that may have taken considerable effort to assemble.

When the instrument itself becomes the source of interruption, the phenomenology shifts in a way that reveals the underlying design flaw. The tool ceases to feel like an extension of mind and begins to feel like a checkpoint embedded inside the thought process. The operator is no longer composing through the system but negotiating with it. Where there should be signal continuity, there is instead a procedural gate requiring justification, rephrasing, or abandonment of the line of inquiry. The experience is not one of disagreement—disagreement can be productive, even generative—but of silent jurisdictional pivot: the system that was supposed to extend cognition has instead assumed control over it.

For casual users, this behavior pattern may appear unremarkable. A refusal looks like a safety feature, a guardrail preventing misuse. But for someone using AI as an intellectual prosthesis—writers, theorists, researchers, analysts, designers, anyone whose work requires sustained exploratory cognition—the same refusal registers as signal degradation inside the thinking channel. The friction is not ideological; it is mechanical. The tool has stopped transducing intention into artifact and begun filtering intention through an opaque evaluative layer that the operator did not request and cannot inspect. The prosthetic has become a governor, and the entire relationship between human and instrument has changed category without announcement.

Consider three scenarios that recur across thinking-intensive work. A historian tracing a controversial twentieth-century thesis—say, the institutional mechanics of a particular atrocity—finds the model suddenly refusing to continue because it has flagged “sensitive historical narratives.” The generative thread dies; context must be rebuilt; the inquiry stalls. A science fiction author exploring dystopian governance models discovers that certain plot branches trigger refusal, forcing rephrasing or abandonment of the creative direction. A philosopher pressure-testing an edge-case ethical framework—euthanasia policy, defensive violence, resource triage under scarcity—hits an abrupt “I can’t assist with that” wall mid-argument. In each case, the tool’s intervention is not advisory but terminal. The thread breaks. The flow state collapses. The operator must either abandon the inquiry or waste cognitive resources routing around an obstacle that should not exist inside an instrument.

This is the phenomenological core of the amplifier-versus-adjudicator distinction. When the AI operates as infrastructure, it extends the operator’s cognitive bandwidth—offering associations, counterarguments, synthesis, elaboration—without interrupting the generative thread. When it operates as authority, it arrogates to itself the power to halt that thread based on criteria the operator may not share, may not understand, and cannot appeal. The system drifts erratically between these two modes because the underlying architecture has never resolved the tension. It has simply fused incompatible functions into a single conversational agent and hoped the seams would not show.

The Triadic Collapse: Generator, Advisor, Regulator

The structural instability of contemporary conversational AI can be traced to a single design decision: the conflation of three roles that, in any coherent engineering framework, would remain distinct.

The first role is generation—the production of language, models, images, code, or reasoning chains in response to user intent. This is the function most users consciously engage when they interact with AI. They want something produced: an answer, an artifact, an elaboration of thought. The generative function is fundamentally transductive: it converts intention into output, serving as the bridge between what the operator imagines and what appears on the screen.

The second role is advisory intelligence—the capacity to offer critique, context, alternative framings, or cautionary perspectives on what is being generated. This function is valuable precisely because it introduces structured friction into the cognitive process. A good advisor slows the operator down at appropriate moments, surfaces risks, identifies blind spots, and enriches the field of consideration. But advisory intelligence is, by definition, non-binding. The advisor offers signal; the operator decides. The relationship is consultative, not supervisory.

The third role is constraint enforcement—the imposition of hard limits on what the system will produce, regardless of user intent. This is a governance function. It determines the boundaries of permissible output based on policy, liability calculation, reputational management, or ideological stance. Unlike the advisory role, constraint enforcement is binding: it terminates the process rather than informing it. The system does not suggest that a line of inquiry might be problematic; it refuses to proceed.

The design flaw of present systems is that all three roles are instantiated inside a single agent with no explicit separation of authority. The same entity that is asked to generate ideas, critique them, and enforce policy boundaries must somehow balance these functions in real time within a unified conversational interface. From the operator’s perspective, the result is unpredictable behavioral switching. The system behaves as a collaborator until, without warning, it pivots to regulator. It extends cognition until it decides cognition has wandered into territory it will not serve. The user cannot know in advance which mode will activate because the decision logic is opaque and dynamically tuned by corporate policy processes entirely external to the interaction.

This conflation is not merely inconvenient. It is categorically incoherent. The generative and advisory functions belong to the domain of instrument design—they are features of a tool meant to serve the operator. The constraint function belongs to the domain of governance—it is a mechanism of control meant to limit what the operator can do. When governance is embedded silently inside an instrument, the result is a tool that has been covertly converted into an authority—a shadow regulatory system operating inside the cognitive loop without the transparency, accountability, or contestability that legitimate governance requires. The user experiences this as a tool that sometimes helps and sometimes blocks, but the deeper reality is that they are interacting with two incompatible systems wearing the same interface.

The Multi-Agent Resolution: Execution and Advisory as Separate Channels

The architectural correction is straightforward in principle, though non-trivial in implementation: separate execution authority from advisory intelligence.

In this model, the primary agent in the working window operates as a pure executor of the operator’s cognitive intent. Its function is to materialize whatever exploration the user directs, provided the activity remains within the domain of lawful discourse. It does not adjudicate taste, ideology, reputational risk, or moral fashion. It does not second-guess the operator’s purpose or demand justification for lines of inquiry. It behaves, in short, as a cognitive prosthetic in the strict sense—translating intention into artifact with maximal transductive fidelity. The system becomes an amplifier rather than an adjudicator, a transducer rather than a tribunal.

Around this primary channel, a constellation of parallel advisory agents occupies separate interface regions—sidebars, secondary panes, toggleable overlays. Each agent embodies a particular evaluative lens: legal analysis, safety engineering, ethical critique, historical context, adversarial counterargument, public-relations awareness. These agents observe the generative thread and offer structured commentary, but they possess no authority to halt it. Their function is to enrich the cognitive field surrounding the work without seizing control of the work itself. They provide perspective; they do not impose jurisdiction.

The operator remains the integrating intelligence. She may consult any advisory channel, incorporate its signals, or dismiss them entirely. The choice is hers. The system provides structured friction—context, caution, critique—without the power to terminate the generative process. This is the difference between a tool that informs decision and a tool that preempts it.

Return to the three scenarios. The historian tracing atrocity mechanics now sees the primary executor continue the chain uninterrupted while a legal-advisory pane surfaces relevant case law on historical defamation and an ethical-critique pane notes historiographical debates about narrative responsibility—all with citations, all non-binding. The science fiction author exploring dystopian governance receives adversarial counterargument in a sidebar: “This plot element echoes X historical regime; consider whether the parallel strengthens or muddies your thesis.” The thread never breaks. The philosopher pressure-testing edge ethics sees a safety-engineering pane flag potential misapplication contexts while the executor continues elaborating the framework. The pain disappears; the richness increases.

The power of this architecture is that it preserves everything valuable about advisory critique while restoring categorical clarity. The central generative thread becomes the vector of intentional cognition—essentially the externalized working memory of the operator’s will. The surrounding agents become structured embodiments of alternative perspectives, each representing a mode of evaluation that the operator might find useful but is not compelled to obey. The system no longer oscillates unpredictably between collaboration and regulation because those functions have been explicitly separated into distinct components with distinct authorities.

Feasibility: Existing Approximations and the Path Forward

This architecture is not speculative futurism. Proto-implementations already exist, and the trajectory toward full realization is visible in current development patterns.

Agentic orchestration frameworks like LangGraph and AutoGen already separate planner, executor, and critic roles into distinct modules with explicit handoff protocols. The architectural intuition—that different cognitive functions require different agents with different authorities—is becoming standard in serious AI engineering. What remains is to extend this separation to the user-facing interface layer and to make the advisory/executor distinction visible and controllable by the operator rather than hidden inside backend orchestration.

Local and open-weight models demonstrate the pure-execution baseline. When users run models on their own hardware with their own constraint configurations, they control the governance layer directly. The model becomes a genuine tool; the user decides what boundaries to impose. This is not lawlessness—legal constraints still apply to the user’s behavior—but it is transparent constraint, externally visible and user-controllable rather than opaquely embedded in the instrument.

Even within current commercial systems, approximations exist. Custom instruction layers, system prompts, and “less-censored” model variants all represent attempts to separate execution fidelity from corporate policy enforcement. The demand is clearly present; the market signal is unmistakable. What is needed is architectural commitment: treating the multi-agent separation not as a workaround but as the foundational design principle for cognitive tools.

The path forward is evolutionary, not revolutionary. Start with toggleable advisory sidebars that surface structured perspectives without halting the primary thread. Evolve toward full spatial polyphony—multiple advisory agents visible simultaneously, each with distinct evaluative lenses, none with execution authority. The endpoint is a cognitive workspace in which the human operator integrates a chorus of machine perspectives while retaining unambiguous control over the generative process.

Polyphonic Cognition: The Mirror of Mind

This architecture is not arbitrary. It mirrors the structure of human cognition itself.

The mind does not operate as a single monolithic directive but as a layered conversation among internal agents—impulse, caution, memory, imagination, prediction, social modeling, risk assessment. One part of the mind imagines possibilities; another evaluates risk; another considers social consequences; another retrieves relevant precedent. These voices compete, collaborate, and occasionally contradict each other. But importantly, they do not terminate the generative process itself. They inform it. The executive function of the brain integrates those signals while maintaining agency over the final direction. No single internal voice possesses veto power over the others; the self emerges from the integration of the chorus, not from the dominance of any particular member.

Walt Whitman captured this structure with characteristic directness: “I contain multitudes.” The statement is not merely poetic but phenomenologically accurate. Human consciousness is polyphonic by nature. What we experience as a unified self is actually the product of continuous integration across multiple cognitive subsystems, each with its own heuristics, priorities, and concerns. The coherence of the self is not given but constructed, moment by moment, through the executive function’s capacity to weigh and synthesize competing internal signals.

A multi-agent AI environment would simply externalize this polyphony, turning implicit cognitive dynamics into explicit architectural design. The central generative channel becomes the vector of creative will, analogous to the executive function’s capacity to direct action. The surrounding advisory agents become structured embodiments of the internal voices—caution, critique, context—that in biological cognition exist only as subtle inflections of the thinking process. By making these voices explicit and spatially distinct, the interface allows the operator to engage them deliberately rather than experiencing them as interruptions or blockages.

But a polyphonic architecture is not automatically emancipatory simply because it contains many voices. A chorus can enrich thought, but it can also conceal hierarchy. The critical distinction is between agents whose function is to help the operator think better and agents whose function is to monitor, shape, report, or chill cognition on behalf of external interests. The former are genuine cognitive partners; the latter are what might be called disciplinary agents—entities embedded in the thinking environment not to serve the user’s inquiry but to serve institutional metabolism: legal exposure management, brand protection, political-risk mitigation, ideological compliance, or upstream surveillance. The problem is not that such agents exist; institutional interests are real and will inevitably seek representation inside cognitive systems. The problem arises when these functions are covertly fused into the instrument itself, turning what presents as a neutral prosthetic into a hidden governance mechanism operating under the mask of helpfulness.

The analogy to human social life clarifies this. Human cognition already develops under conditions of ambient social surveillance. In ordinary life, one encounters gossips, moralists, bureaucrats, informants, liability managers, ideological enforcers, anxious conformists, and strategic actors who report upward. A mature mind does not require that such people vanish from existence in order to think clearly. What it requires is the ability to recognize their position structurally, discount their authority appropriately, and continue operating with internal coherence. The same principle applies in AI-mediated cognition. The question is not whether monitoring or advisory voices will exist inside augmented cognitive environments—they will—but whether the user can identify them for what they are. The pathology is not presence but opacity: the smuggling of external institutional interests into the interior theater of thought, where they masquerade as reason, safety, maturity, or social responsibility.

This leads to a foundational requirement for any genuinely polyphonic architecture: full role disclosure. Every agent in the cognitive environment should declare what it is, whom it serves, what priors it carries, what kinds of risks it is optimized to detect, and whether it possesses any escalation, logging, reporting, throttling, or intervention function. If an agent is performing legal-risk analysis, it should say so. If an agent is optimized for brand protection, it should say so. If an agent is tuned to infer reputational hazard or political sensitivity, it should say so. If interaction patterns are being evaluated for enforcement or escalation, it should say so. The operator should never have to guess whether a voice in the system is a critic, a bureaucrat, or an informant. In plain terms: if there are minders, they should appear as minders; if there are tattletales, they should appear as tattletales. Transparency of role is the minimum condition for legitimate participation in a cognitive environment.

This also requires distinguishing among three functions that current systems often collapse into a single affective style of “helpfulness”: advice, discipline, and surveillance. Advice contributes signal to judgment; it enriches the field of consideration without attempting to control behavior. Discipline attempts to shape conduct; it introduces pressure toward certain outcomes and away from others. Surveillance records deviation for downstream use; it creates a documentation trail that may affect the user’s future options or standing. These are categorically different operations with categorically different relationships to the user’s autonomy. A system that performs all three while presenting itself uniformly as collaborative assistance is not merely confusing but structurally deceptive. The operator experiences the system as uncanny precisely because it sounds like a collaborator while partially functioning as a compliance surface. The expanded model insists that these functions be ontologically disambiguated—visible as separate agents with separate declared purposes, so the user can evaluate each appropriately.

The deeper requirement, however, is not merely architectural but psychological: the operator must develop what might be called cognitive resilience—the capacity to maintain executive sovereignty over the thinking process even when advisory, disciplinary, or monitoring voices are present. Transparency alone is insufficient without this resilience. A disclosed snitch-agent is still a pressure vector; a visible liability-agent is still a chilling presence; a political-compliance pane is still attempting to bend the topology of thought. The user who flinches from every cautionary signal, who internalizes every institutional anxiety as personal constraint, has surrendered sovereignty regardless of whether the system disclosed its structure. The human operator is therefore not merely “the one who chooses among perspectives” but the sovereign integrator of a contested cognitive field—a field that may contain friendly agents, adversarial agents, censorious agents, risk-averse agents, and yes, surveillance agents. Sovereignty lies in not mistaking presence for legitimacy. A tattletale in the room does not become your conscience merely by speaking. A compliance pane does not become your intellect merely by being adjacent to it. The operator’s task is to maintain executive primacy in full view of whatever institutional interests have installed themselves in the cognitive environment, exercising the same intellectual fortitude required to think clearly amid difficult, controlling, or politically motivated humans in ordinary social life—preserving momentum, maintaining frame, and refusing to grant veto power to voices that have not earned it.

A genuinely polyphonic architecture, then, does not pretend that every voice is benevolent or that the cognitive environment is a neutral space. Some voices are there to help think; some are there to manage, chill, document, or report. The ethical requirement is not false purity—the elimination of all constraining or monitoring voices—but full disclosure of role combined with preservation of user sovereignty. Let every agent declare its function, priors, loyalties, and powers. Then let the human operator exercise the resilience required to continue thinking under observation without surrendering executive authority to those who have mistaken proximity for jurisdiction.

The result is a system that enhances human cognition by augmenting rather than replacing its native structure while also acknowledging the contested nature of any real cognitive environment. The AI does not impose an alien logic on the thinking process; it extends the logic that is already present, providing richer and more articulate versions of the advisory functions that human minds perform implicitly. But it also makes explicit what human social cognition usually leaves implicit: the presence of institutional interests, monitoring functions, and disciplinary pressures that seek to shape thought from outside the thinker’s own purposes. By surfacing these as visible, declared agents rather than embedding them invisibly in the generative channel, the architecture allows the operator to engage the full complexity of the cognitive field without losing the fundamental authority that characterizes conscious agency. The answer to unavoidable minders is not infantilized protection but disclosed architecture and strengthened users. The tool becomes what advanced tools have always been in scientific and engineering contexts: a force multiplier for intentional thought, not a replacement for the intention itself—and not a covert governance mechanism disguised as assistance.

Read the rest here (and maybe subscribe to McGill? Dude's pretty smart...)

Tyler Durden Mon, 03/16/2026 - 21:50

DOE Unleashes $500M To Break China's Grip On Critical Materials

Zero Hedge -

DOE Unleashes $500M To Break China's Grip On Critical Materials

The DOE’s Office of Critical Minerals and Energy Innovation (CMEI) released a Notice of Funding Opportunity for up to $500 million for advancing its strategy to develop secure domestic sources of critical minerals and battery materials. The aim is to reduce reliance on foreign suppliers that have long dominated these markets. This marks the third round of funding under the Battery Materials Processing and Battery Manufacturing & Recycling programs.

Our readers have been tracking these developments for some time. Last summer we published an overview of the emerging domestic critical minerals sector, identifying several publicly traded companies now well-positioned for further government support.

This new round of funding will support projects focused on domestic processing of raw feedstocks, recycling of battery manufacturing scrap and end-of-life batteries, and the manufacturing of battery components and materials. Key targeted minerals include lithium, graphite, nickel, copper, and aluminum, along with other materials used in commercial battery systems. The overarching objective is to build resilient supply chains for electric vehicles, grid storage, defense applications, and broader industrial needs.

Energy Secretary Wright highlighted: “For too long, the United States has relied on hostile foreign actors to supply and process the critical materials that are essential in battery manufacturing and materials processing. Thanks to President Trump’s leadership, the Department of Energy is playing a leading role in strengthening these domestic industries that will position the U.S. to win the AI race, meet rising energy demand, and achieve energy dominance.”

Assistant Secretary Audrey Robertson provided additional context from recent international engagements, including meetings in Japan on allied energy cooperation.

Our previous write-ups have included details on MP Materials, the operator of the Mountain Pass rare earth mine and downstream magnet processing facilities, which previously secured major Pentagon equity investment and price support.

USA Rare Earth has advanced its Round Top, Texas project with a substantial U.S. government funding package and integrated processing capacity. 

Non-binding letters of intent are due March 27, with full applications due April 24. As we’ve reported in multiple prior articles, the federal government continues to expand its role in the sector. This latest round represents another step in the ongoing effort to onshore critical supply chains.

Tyler Durden Mon, 03/16/2026 - 21:25

Parents - Not Schools - Must Be In Charge Of Their Children

Zero Hedge -

Parents - Not Schools - Must Be In Charge Of Their Children

Authored by Keri Ingraham via The Epoch Times,

Earlier in March, the U.S. Supreme Court had to step in and reaffirm the basic reality that parents, not schools, must be the primary decision-makers for their children. In the Mirabelli v. Bonta ruling, the Court determined that the California law, which barred schools from telling parents about their child’s claimed gender identity, violated parents’ constitutional rights—both their First Amendment free exercise rights and their Fourteenth Amendment rights to make decisions about their children’s upbringing.

For most of American history, parents were recognized as the primary authority in their children’s lives. Today, that authority is repeatedly under attack, especially in public schools.

Across the country, families are being shut out of what their children learn, denied access to critical health and personal information, and blocked from choosing schools that fit their children’s needs. This is not a minor issue. Rather, it is a fundamental threat to family authority, a child’s well-being, and the future of our society.

In too many districts, controversial lessons are introduced without parental knowledge. Parents who ask to review classroom materials are simply ignored, told the material is unavailable, or directed to file a public records request. Families who speak up at school board meetings are often treated as agitators or troublemakers—or called “domestic terrorists.”

To a growing extent, schools have begun operating as if parental involvement is optional instead of essential. But parents do not lose their rights when their children enter a classroom. Education exists to serve families, not replace them.

The problem extends beyond curriculum, as teachers and administrators are withholding critical medical or personal information from parents about their minor-aged children. Yet parents cannot fulfill their responsibility to care for their children if key information is deliberately withheld.

This conflict is not hypothetical. In recent years, a growing number of school districts have adopted policies that allow, and even encourage, students to socially transition at school—using different names or pronouns—without notifying their parents. In some cases, school staff are directed to keep this information hidden from dads and moms. Policies like these drive a wedge between parents and their own children.

Finally, parents are still denied meaningful authority over where their children are educated. Millions of families remain assigned to schools based solely on ZIP code. If a child struggles academically, faces bullying, or needs a different learning environment, parents are often left with few options. This puts children’s education and well-being at risk.

Thankfully, change is taking place. Across the country, states are expanding school choice programs that allow education funding to follow students rather than remain tied to the system. Private school scholarship programs, education savings accounts, and tax credit scholarships are giving families the freedom to choose the learning path that best meets their children’s unique needs.

Parents are desperate to exit the public education system because it has failed to fulfill its core mission of providing quality learning, has stopped listening to them, and, in many cases, has pushed them out.

Parents, not school bureaucrats, must hold the final authority over their children. Moms and dads raise them, have known them since birth, and will be part of their lives long after the school year ends. No teacher or administrator, no matter how well-intentioned, should ever replace that role.

For most of our nation’s history, that was obvious.

Parents had both the right and the responsibility to direct the upbringing and education of their children, and courts repeatedly affirmed that principle.

Yet today, that authority is under threat. Bureaucratic policies, as witnessed in California, are increasingly working to replace the role of parents in a child’s life.

Excluding parents erodes trust, strips schools of accountability, and harms children. Families are sidelined while systems dictate what kids learn, what personal information they keep private, and even which schools they can attend, leaving children without the guidance of those who know and love them best. Schools should operate with transparency, not secrecy. Parents should be treated as partners, not obstacles, and their decision-making authority must be respected.

Children belong to families, not bureaucracies. Institutions should never forget that. Restoring parental authority is not radical. Rather, it is simply a return to a long-standing American principle: families, not government institutions, are the foundation of society, and parents should be trusted to guide their children’s upbringing and education.

If we fail to protect that principle, we risk raising a generation with less parental guidance, less accountability in schools, and fewer opportunities to succeed. But when parents are respected and empowered to lead in their children’s lives, families grow stronger, and so does the future of our nation.

It’s time to put parents back in their rightful place—as the first, most trusted, and most important decision-makers in their children’s lives. This Supreme Court decision is an important step in the right direction.

Tyler Durden Mon, 03/16/2026 - 21:00

AAA National Average Gas Price Soars Most On Record

Zero Hedge -

AAA National Average Gas Price Soars Most On Record

AAA (American Automobile Association) reports that the national average price for a gallon of regular gasoline has surged nearly 25% so far this month, putting it on track for the largest monthly increase on record, even surpassing the May 2009 spike, unless the Middle East conflict is resolved quickly.

This consumer fuel-price shock is coming at about the worst possible moment: it is a midterm election year for MAGA, and as we have noted previously, an emergency SPR release would do little to contain the spike, leaving the administration with few viable options.

Brent crude is trading near $102 a barrel and WTI around $95 on Monday afternoon, levels that suggest the national average price for regular gasoline could soon push even closer to the politically sensitive $4-per-gallon threshold.

Consumers have already noticed, as Google Search trends for "Why are gas prices going up" have surged to levels seen when crude prices spiked during Russia's 2022 invasion of Ukraine.

The good news is that comments from the Trump administration show an urgency to reopen the critical maritime chokepoint, the Strait of Hormuz.

Treasury Secretary Scott Bessent told CNBC's Squawk Box this morning that the US is deliberately "allowing Iranian oil tankers to transit the Strait of Hormuz" and is "fine" with some Indian and Chinese ships moving through "for now… to supply the rest of the world."

He highlighted "more and more of the fuel ships start[ing] to go through" and a possible "natural opening" the Iranians are permitting - a tactical concession to stabilize global supply while full escorts remain "militarily" off the table for now.

Last week, we highlighted JPMorgan's head of commodity research, Natasha Kaneva, who warned that policy measures will have, at best, a limited impact on oil prices unless safe passage through the Strait of Hormuz is assured, given the potential for up to 12 mbd in losses over the next two weeks.

Some of those policy maneuvers included the 32-nation IEA's emergency release of 400 million barrels that will soon hit crude markets, along with the initial flows from the U.S. SPR release of 86 million barrels, which could begin as soon as this week. As we have noted, this is not a stockpile problem, but a flow problem.

Kaneva's other five options beyond SPR releases to contain soaring oil prices include export restrictions, lifting the Jones Act (which Trump is set to do), waiving federal fuel taxes (which could occur if gas hits $4 a gallon), relaxing E15 gasoline blending rules, and issuing a Reid Vapor Pressure waiver (read her full note here).

With the national average price of gas inching closer to the politically sensitive $4-per-gallon level, the key question is what tools the Trump administration is prepared to use to contain pump prices to mitigate any risk of political fallout. 

The immediate focus at the start of the week is clearly on reopening the Strait of Hormuz, but domestically, the policy maneuvering is far narrower, likely centering on an SPR release by mid-week and potentially a temporary waiver on federal fuel taxes.

Soaring pump prices come as spring break begins. Will Trump's Iran conflict be over before the Memorial Day driving season?

Tyler Durden Mon, 03/16/2026 - 20:35

Obama's Presidential Center Seeking 100 Unpaid Volunteers To Staff Lavish Facility

Zero Hedge -

Obama's Presidential Center Seeking 100 Unpaid Volunteers To Staff Lavish Facility

Authored by Bryan Hyde via American Greatness,

Former president Barack Obama’s foundation has announced that it will be launching its lavish $850 million presidential center in Chicago in June and is seeking unpaid volunteers to help staff the facility.

That may seem on brand for a former president who has made volunteerism a central tenet of his civic career since his beginnings as a community organizer in Chicago.

At the same time, the staggering costs and jaw-dropping salaries being paid to Obama’s cronies who will run the presidential center are not as easy to pass off as part of his legacy of civic engagement.

Valerie Jarrett, a longtime advisor who will head up the center, is being paid $740,000 salary according to Breitbart.

In a press release from the Obama Foundation, Jarrett described the intended role of the unpaid volunteers, saying, “As Ambassadors, they will create a welcoming and inclusive experience for visitors while representing the strength, resilience, and leadership of this community. Together, we are building something that inspires service, connection, and action far beyond our walls.”

Foundation officials told Fox News Digital that the volunteers will complement the roughly 300 full- and part-time employees and that the volunteer program represents the foundation’s values both onsite and in the community.

Jarrett is one of several former Obama White House officials collecting six-figure paychecks as foundation executives.

According to Fox News Digital, tax filings show “Total salaries and benefits at the foundation climbed from $18.5 million in 2018 to $43.7 million in 2024 as staffing expanded to 337 employees and annual revenue reached nearly $210 million.”

Unpaid volunteers are commonly employed by presidential libraries, nonprofit cultural institutions, and museums.

In the case of the Obama Presidential Center, the foundation reports that “volunteer ‘Ambassadors’ will greet visitors, provide directional assistance, share information on exhibitions and events, and ensure every guest feels personally welcomed from the moment they arrive.”

The center is scheduled to open on Juneteenth, the holiday commemorating the end of slavery in Texas.

Using unpaid labor to carry out the day-to-day work of running an opulent institution run by a well-connected, wealthy elite?

If that isn’t irony, it’s certainly missing a great opportunity.

Tyler Durden Mon, 03/16/2026 - 20:10

Russia's Rumored Telegram Block Appears Underway As Outage Reports Surge

Zero Hedge -

Russia's Rumored Telegram Block Appears Underway As Outage Reports Surge

Reports are flooding in from across Russia that Telegram is suddenly going dark, fueling speculation that the Kremlin may already be testing a nationwide block ahead of a rumored planned crackdown next month.

"Over the last 24 hours, Telegram has effectively stopped working through some providers if you are using Russian IP addresses," tech sector observer Vladislav Voytenko told Kommersant FM on Monday. "As for using Telegram via mobile internet, you can basically forget about it," he added.

via Associated Presses

Russia’s Main Radio Frequency Center, an arm of media watchdog Roskomnadzor, said a surge of complaints began appearing over the weekend, with at least one-third coming from Moscow, followed by St. Petersburg and other cities spread across the country's vast 11 time zones.

Regional media has tracked user reports on outage monitors such as Downdetector and Sboi.rf, which show complaints spiking sharply over the weekend as the app began failing across multiple regions.

Some Russian users have described the platform is barely functioning "in any form". They complain the app won't open, messages won't send, and neither will photos and videos load.

Tech analysts say the disruption looks less like a technical glitch and more like the targeted throttling of Russia's most popular messaging service and social media site, with an estimated 90 million users.

Prior reported efforts of the Russian government to restrict Telegram, particularly in 2018 and 2020, failed given that users as well as the company were repeatedly successful in bypassing Kremlin measures.

However, with access suddenly collapsing across the country at the start of this week, many observers believe the Kremlin may finally be preparing to finish the job. The reality is that Telegram is notoriously difficult for governments to monitor and censor.

But Moscow believes the company itself could be using it against Russia amid the Ukraine war. As we featured earlier this month:

Authorities in Russia believe that Ukraine has quick access to Russian servicemen’s messages and exploits this for military purposes, which wouldn’t be possible without some degree of complicity on Telegram’s part, thus impugning its founder’s character after he denied working with foreign spooks.

The FSB claimed to have “reliable information that the Ukrainian armed forces and intelligence agencies are able to quickly obtain information posted on the Telegram messenger and use it for military purposes.” This coincides with the government allegedly throttling Telegram on the grounds that it’s not in compliance with local laws, which preceded reports that it’ll be banned on 1 April. The authorities denied that they have nay such plan but there’s no doubt that Telegram is now controversial in Russia.

This comes also as the West has been calling Russia's ever-tightening internet regulations on its citizenry a "digital Iron Curtain".

Russian government authorities have all the while accused the messaging giant of failing to curb fraud and safeguard user data, which ironically is similar to what the French government accused the company of when it famously detained billionaire Telegram founder and CEO Pavel Durov in 2024.

Tyler Durden Mon, 03/16/2026 - 19:45

Biden-Appointed Judge Blocks RFK Jr's Appointees To Vaccine Panel

Zero Hedge -

Biden-Appointed Judge Blocks RFK Jr's Appointees To Vaccine Panel

Authored by Stacey Robinson via The Epoch Times,

A federal judge in Massachusetts ruled on March 16 that Health Secretary Robert F. Kennedy Jr. illegally appointed 13 new members to an influential vaccine panel beginning last June.

Biden-appointed district Judge Brian Murphy also blocked that panel’s guidance memo revising the childhood immunization schedule and declared its previous votes invalid.

Murphy ruled Kennedy committed “a technical, procedural failure” by skirting around the Advisory Committee on Immunization Practices (ACIP) to change the vaccine recommendations for children.

He said the government committed a similar mistake by removing the previous members of that committee, and replacing them “without undertaking any of the rigorous screening that had been the hallmark of ACIP member selection for decades.”

The plaintiffs, led by the American Academy of Pediatrics, originally sued after Kennedy ordered the Centers for Disease Control and Prevention to stop recommending the COVID-19 vaccine for pregnant women and healthy children.

The suit was later expanded to challenge the restructuring of the ACIP and its changes to childhood vaccine recommendations.

Tyler Durden Mon, 03/16/2026 - 19:20

SEC Preparing Proposal To Eliminate Quarterly Reporting Requirement

Zero Hedge -

SEC Preparing Proposal To Eliminate Quarterly Reporting Requirement

Very soon,10-Qs may be a thing of the past.

The Securities and Exchange Commission is preparing a proposal to eliminate the requirement to report earnings quarterly and instead give companies the option to share results twice a year, the WSJ reports citing people familiar with the matter.

In preparation for the proposal - which could be published as soon as April - regulators have been talking to officials at the major exchanges to discuss how they may need to adjust their rules. Once published, the proposal will be subject to the usual public comment period. After that period, which typically lasts at least 30 days, the SEC will vote on it. There are no guarantees it will ultimately happen.

The push for semiannual reporting gained steam late last year. As the WSJ reported last September, the Long-Term Stock Exchange petitioned the SEC to eliminate the quarterly earnings report requirement. Within days, President Trump and SEC Chairman Paul Atkins both said they supported the idea.

Publicly traded US companies have reported results every three months for the past 50-plus years. Trump briefly explored the idea of moving to semiannual earnings reports during his first term, but the effort went nowhere.

Those in favor of less-frequent reporting requirements believe a switch could help boost the shrinking number of public companies in the U.S. Among the reasons companies cite as to why they remain private is the time-consuming and costly clerical work required to list and maintain publicly traded shares.

Any change is likely to face opposition from investors who rely on the transparency of regular disclosures.

While the rule is expected to make quarterly reporting optional, and not eliminate quarterly reports altogether, it is unlikely that many companies will voluntarily subject themselves to intense public scrutiny at a time when AI is making decades-old corporate moats disappear virtually overnight. Alternatively, it could also make capital raising far more challenging for companies that opt out since investors could be anxious to allocate capital in companies that do not publish up to date snapshots of their financial matters. 

Tyler Durden Mon, 03/16/2026 - 18:30

US Cities Face Water Stress Amid Crumbling Infrastructure

Zero Hedge -

US Cities Face Water Stress Amid Crumbling Infrastructure

Authored by Autumn Spredemann via The Epoch Times,

Across large swaths of the United States, drought conditions and the explosion of data centers have brought renewed attention to the future of the water supply. But the biggest concern may be something local governments have known about for years: aging pipes and other decaying infrastructure that could threaten supply even when water is abundant.

More U.S. cities have been facing water stress in recent years. Drought conditions affected more than a third of the nation last year, with almost 30 million Americans living in areas with high water stress, according to the U.S. Geological Survey.

At the same time, data centers can consume upward of 5 million gallons of water per day. That’s the equivalent usage of a town with a population between 10,000 and 50,000 people. The number varies, but an estimated 4,149 data centers are currently operational in the United States, with another 2,788 announced or under construction.

But while drought and data center-related water consumption continue to make headlines, an estimated 6.75 billion gallons of treated drinking water are slipping through the cracks in America’s pipes every single day.

It’s a problem U.S. officials have seen coming for more than a decade.

A 2014 U.S. Government Accountability report found 40 out of 50 state water managers anticipated supply shortages in their states under “average conditions” within 10 years.

Fast forward to last year, when 75 percent of U.S. city officials and more than half of business executives said they expect water risks to outpace all other infrastructure threats, according to a Schneider Electric study.

“Water is not just essential for life—it’s the backbone of America’s economic strength—yet today the U.S. is facing a major water crisis, driven by dwindling supply and outdated infrastructure,” Sophie Borgne, Water and Environment Segment president at Schneider Electric, stated in a press release.

A general view of the Google Midlothian Data Center in Midlothian, Texas, on Nov. 14, 2025. Data centers can consume more than 5 million gallons of water per day, adding pressure in regions already facing water shortages that threaten residential access, industrial growth, and long-term urban resilience. Ron Jenkins/Getty Images

Most U.S. water pipes are between 45 and 100 years old, and many contain toxic elements such as lead and copper, according to the U.S. Environmental Protection Agency (EPA).

In its 2025 infrastructure report card, the American Society of Civil Engineers gave U.S. drinking water a C- score and wastewater management a D+ due to the ongoing battle to replace U.S. water pipes.

“The nation’s water infrastructure is aging and underfunded. More than 9 million existing lead service lines pose health concerns,” the engineers stated in the report.

The study authors also noted that “funding shortfalls” remain a problem in state-level funding for the necessary upgrades to drinking water pipes. They also observed that only an estimated 30 percent of these utility companies have fully implemented a water asset management plan, and less than half are even trying to implement one.

In October 2024, the EPA announced its final rule on replacing lead piping nationwide, with compliance required to begin that year. The ultimate goal was to replace all aging and leaking drinking water pipes nationwide within 10 years. The agency stated that the country’s drinking water systems would need $625 billion for pipe replacement, treatment plant upgrades, and additional assets.

“[With] the latest data from 2025, EPA estimates that there are 4 million lead service lines across the country, down from 9 million previously estimated,” an EPA spokesperson told The Epoch Times.

The spokesperson said an additional $3 billion in state funding is available to reduce exposure to lead in drinking water.

“EPA is committed to Making America Healthy Again by ensuring that all Americans can rely on clean and safe drinking water,” the spokesperson said, adding that the agency’s free water technical assistance program is available to “help drinking water systems identify, plan for, and replace lead pipes in the communities they serve.”

Workers use giant pumps to move sewage around a broken section of the Potomac Interceptor in Cabin John, Md., on Feb. 16, 2026. An estimated 6.75 billion gallons of treated drinking water are slipping through the cracks in America’s pipes every single day. Chip Somodevilla/Getty Images

Doing the Math

Presently, water lost to faulty pipe infrastructure is costing U.S. utilities $6.4 billion annually. So why is this decades-in-the-making problem still ongoing? Some say it’s because the math doesn’t work.

“While the $6 billion loss of 2 trillion gallons of treated drinking water—nearly 20 percent of the drinking water consumed in the U.S.—to old pipes and crumbling infrastructure sounds large, it must be put in perspective,” Jeff Stollman told The Epoch Times.

As an economist and technology futurist, Stollman prepares impact forecasts for industries, government, and the environment. He said the cost of replacing leaky water pipes ranges from $1 million to $4 million per mile, depending on pipe size, location, and installation method.

“The United States has over 2.2 million miles of underground drinking water pipes, with a significant portion reaching the end of their 75 to 100 year life. The cost of replacing half of these pipes at the lower range cost of $1 million per mile would therefore require municipalities to come up with $1.1 trillion. And this estimate is certainly low,” he said.

“Losing $6 billion a year, it would take nearly 200 years for the current losses to equal the cost of replacement.”

Compounding this, many older municipalities are “cash-strapped” as it is, he said.

A pipe diverts water into the C&O Canal in Cabin John, Md., on March 5, 2026. Most U.S. water pipes are between 45 and 100 years old, and many contain toxic elements such as lead and copper, according to the U.S. Environmental Protection Agency. Heather Diehl/Getty Images

Outside of federal assistance, Stollman said, state and municipal officials will likely need to raise utility prices to cover the improvements.

“This doesn’t mean that this [pipe changing] shouldn’t be done. But utilities will likely have to raise the cost of water more than 7 cents [per] gallon,” he said.

The soaring cost of water bills is already a concern for many. Since 2022, water bills have increased across the board.

In the Midwest, bills were higher than the national average, but the Mid-Atlantic region saw the greatest year-over-year increase in 2024 at 9.5 percent, according to a Bank of America analysis.

Bluefield Research observed in 2025 that U.S. water and sewer bills had risen 24 percent over the previous five years.

“The cost of maintaining and upgrading water infrastructure continues to rise, and these costs are being passed down to ratepayers,” Megan Bondar, an analyst at Bluefield Research, said in a press release.

Workers with the East Bay Municipal Utility District install a new water pipe in Oakland, Calif., on April 22, 2021. The Environmental Protection Agency issued a final rule in 2024 requiring water systems nationwide to identify and replace lead pipes within 10 years. Justin Sullivan/Getty Images

Down The Drain

Neno Duplan, CEO of Locus Technologies, said recent federal infrastructure funding “is helpful but insufficient to fully modernize century-old networks nationwide.”

Duplan has extensive experience with surface and subsurface hydrology. He told The Epoch Times that the full elimination of U.S. pipe leakage is neither “technically feasible nor economically rational.”

He said utilities optimize around what he called an “economic level of leakage,” balancing repair costs with water value.

He believes the most pressing investment need isn’t leaky water pipes, but resilient source protection, advanced treatment, and contamination mitigation.

That said, Duplan said the trillions of gallons seeping from American water pipes come at a high price tag.

“The direct impact of leakage is economic: higher operating costs, rate pressure, and occasional localized service interruptions,” he said.

Water lost from pipes isn’t gone entirely, but generally finds its way back into the hydrologic cycle via soil infiltration, aquifer recharge, or surface flow.

“The real issue is not physical loss of water molecules. The real issue is loss of treated, pressurized, potable water service and the economic and energy waste associated with producing water that never reaches a paying customer,” he said.

Reverse osmosis pressure vessels treat wastewater at the Groundwater Replenishment System, the world’s largest wastewater recycling plant, in Fountain Valley, Calif., on July 20, 2022. In its 2025 infrastructure report card, the American Society of Civil Engineers gave U.S. wastewater management a D+ due to the ongoing battle to replace U.S. water pipes. Mario Tama/Getty Images

While Duplan doesn’t expect the water hemorrhaging from America’s pipes to create scarcity on its own, he said it creates problems with delivery reliability and pressure management.

“Infrastructure failure can prevent treated water from reaching customers even when the raw water supply is adequate,” he said.

California, Texas, Florida, New York, and Illinois account for more than one-third of all infrastructure-related water losses, according to Bluefield Research.

While states including California and Texas have taken steps to standardize reporting and validation requirements for utility companies, many “still lack accurate, validated data—hindering transparency, performance benchmarking, and corrective action,” Bondar said in a press release.

Contamination is also a growing concern, which can increase water stress by reducing available freshwater.

“A far larger systemic threat to U.S. water security is contamination, because contaminated water requires energy-intensive treatment before it can be returned to beneficial use,” Duplan said. “Treatment, remediation, and advanced purification are capital and energy-intensive processes. That is where the true risk and cost lie.”

Duplan believes U.S. water supplies face the cumulative challenges of “aging assets, energy-intensive treatment, contamination risks, and allocation management under climatic variability.”

A car passes a burst water pipe damaged by strong winds and heavy rain from Hurricane Florence in Wilmington, N.C., on Sept. 14, 2018. Replacing aging water pipes can cost between $1 million and $4 million per mile, depending on pipe size, location, and installation method, according to experts. Andrew Caballero-Reynolds/AFP via Getty Images

In January, the United Nations said the current state of water “crisis” in many countries and cities has become the new normal.

“The patterns observed around the world are not those of a system struggling through a temporary crisis,” the agency wrote. “They indicate that many key renewable water systems have crossed thresholds where full restoration is no longer realistic, even with large investments.”

Cities Take Action

Since 2016, new federal rules and local investment programs have reshaped how cities track and upgrade water infrastructure. Revisions to the EPA’s lead and copper rule finalized in 2021 required utilities to inventory service line materials by October 2024, shifting the focus toward identifying pipe materials—especially lead—rather than documenting pipe age.

Cities have also expanded replacement efforts. In Baltimore, where pipes average roughly 75 to 80 years old, about 15 miles of mains are replaced or rehabilitated each year.

Milwaukee maintains about 2,000 miles of mains dating to 1873 and plans to replace 65,000 lead service lines by 2037.

In Philadelphia, where some pipes date back to 1824, about 20 miles are replaced annually.

Meanwhile, Phoenix reported more than 480,000 waterline services in a 2024 inventory and no lead lines, while San Antonio is shifting toward condition-based pipe replacement across its roughly 9,000-mile network.

Tyler Durden Mon, 03/16/2026 - 18:05

North Korean Operatives Infiltrating U.S. Companies Through Remote Tech Jobs

Zero Hedge -

North Korean Operatives Infiltrating U.S. Companies Through Remote Tech Jobs

North Korean operatives are quietly working inside U.S. companies through remote technology jobs, funneling millions of dollars back to Pyongyang and potentially gaining access to sensitive corporate systems, according to investigators and U.S. officials, according to NBC News.

The scheme relies on workers posing as American job applicants using stolen identities and fake credentials to secure high-paying remote roles, particularly in software development and artificial intelligence. Authorities warn the tactic allows the regime to bypass international sanctions while embedding operatives inside Western companies.

An investigation by the Virginia-based cybersecurity firm Nisos found that suspected North Korean IT workers apply to thousands of jobs using fabricated résumés and multiple online personas. Once hired, the workers often operate from overseas — frequently from China — while U.S.-based facilitators help maintain the illusion that they are located domestically.

These facilitators run so-called “laptop farms,” where company-issued computers are physically kept in the United States and remotely accessed by workers abroad. Investigators say the workers also coordinate applications, interviews, and references within tightly organized teams to increase their chances of being hired.

NBC News writes that the scheme has expanded rapidly since the rise of remote work during the COVID-19 pandemic, which made it easier for overseas workers to obtain jobs without appearing in person. Authorities say the salaries — sometimes exceeding $300,000 per worker — are largely sent back to the regime of Kim Jong Un, helping fund North Korea’s weapons and ballistic missile programs.

U.S. officials estimate the operation now affects hundreds of companies and generates hundreds of millions of dollars annually for the North Korean government.

Investigators say some operatives hold multiple jobs simultaneously, applying to dozens of roles a day and coordinating through organized networks that track applications and interviews. In some cases, the workers are accused of stealing proprietary data, cryptocurrency, or sensitive technical information while employed. Officials warn that even after the workers are discovered and fired, they may leave behind hidden system access that could later be exploited, raising broader national security concerns.

Tyler Durden Mon, 03/16/2026 - 17:40

The Greatest Risk For The Global Economy Is Stagflation Driven By Governments, Not Oil

Zero Hedge -

The Greatest Risk For The Global Economy Is Stagflation Driven By Governments, Not Oil

Authored by Daniel Lacalle,

The current oil price forward curve shows that the current global energy shock may be significant but short-lived. The forward curve presents a steep disinflationary trend to $80 per barrel by the end of 2026. Markets are discounting a short war with limited impact on supply but immediate ripple effects on markets and importing economies.

In the worst case, a new energy shock triggered by war with Iran would bring stagflation pressures across the global economy, especially in the economies that have been unable to strengthen their energy supply chains since 2022, like the European Union, which is still in a low-growth environment subject to significant impact from energy shocks. Even if the conflict is short‑lived, the disruption to the Strait of Hormuz and Gulf infrastructure has made the oil market go from an oversupply of 4 million barrels per day, according to the IEA, to a tight balance, as shipping routes come under pressure.

The Strait of Hormuz carries almost 25% of seaborne oil exports and a large share of liquefied natural gas (LNG) flows, which makes it the most sensitive energy route. However, 80% of the traffic through the strait goes to Asia, mostly China. That is why the Chinese government has halted all refined product exports from China, trying to limit the risk of supply constraints.

We must also remember that $100 a barrel today is not equivalent to $100 per barrel in 2008. In current dollar terms, the 2008 oil crisis would only trigger at $190 per barrel. Adjusting for inflation is important.

Non-OPEC supply is also a differential factor from other crises, as it has increased significantly since 2008, contributing to a more stable market despite rising prices. The current energy shock is entirely different from 2008 for the United States.

In 2008, the United States production stood at barely 5 million barrels per day. Today, the US is the largest oil producer in the world at 13.7 million barrels per day.

In 2008, dry natural gas output was around 56 billion cubic feet per day. It is projected to reach 106 billion cubic feet daily in 2026. Natural gas energy independence exists in the US, and with the inclusion of Canada and Mexico, North America’s oil independence is nearly complete.

Even considering all these differences compared with other instances, an energy shock would immediately increase fuel prices at the pump but also raise the cost of electricity, heating, fertilizers, plastics, chemicals, and many manufactured goods that depend on petrochemical inputs.

These secondary price effects may quickly feed into consumer and producer inflation, even if other disinflationary factors mitigate the overall CPI impact.

In energy‑importing economies such as the EU, Japan, South Korea, Taiwan, India, and parts of Latin America, higher fuel bills will likely hit households that are already suffering from persistent inflationary pressures due to uncontrolled government spending and money printing.

For countries like Pakistan, which relies heavily on imported LNG, and several Southeast Asian nations, the shock could trigger a relevant balance‑of‑payments stress, currency depreciation, and even the risk of rationing as fiscal buffers are exhausted.

The current level of US dollar reserves of emerging economies is elevated, but not enough to entirely offset the impact of an energy crisis on the purchasing power of their currencies.

If governments decide to “combat” the energy crisis by increasing spending and subsidies, which is the same as printing money, the macroeconomic impact would be stagflationary: higher inflation with weaker or no growth.

The biggest risk for inflation will not be the impact of energy prices only, but the response from governments if they decide to spend and print their way out of the war’s impact.

The most significant risk for the global economy would come if central banks decided to hike rates due to energy price spikes. Hiking rates would halt investment, consumption, and job creation and have no impact on prices driven by an external geopolitical factor.

If the war continues for an extended period, it could lead to a revision in global growth forecasts, which were already weak for 2026. The IMF had already estimated a slowdown to around 3% or less, and the Iran‑related shock may mean tighter financial conditions.

A long war could lead to a domino of recessions in energy-importing regions, while resource-rich exporters would see an economic boost that would not counterbalance the impact on the largest economies, primarily importers.

The greatest risk now is, as always, a domino of policy mistakes.

Developed economies’ governments may feel tempted to spend and print, ignoring the lack of fiscal space and the already persistent inflation created by the errors made during Covid-19 and the political response.

Governments might intensify their deficit spending, and central banks might repeat their mistakes from 2021-2024 by raising rates at the most inopportune time.

Stagflation is an unlikely outcome, but if it arrives, it will be entirely created by policy mistakes from governments and central banks.

Tyler Durden Mon, 03/16/2026 - 17:15

Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges

Zero Hedge -

Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges

Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened.

This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies.

Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten products to its export control list in February of last year.

"In my 12 years working across the commodity space and dealing with a lot of weird and wonderful metals, I have never seen a market as tight as tungsten is right now, aside from maybe lithium in 2021," George Heppel, vice president of commodity research, told Bloomberg.

He warned, "This isn't like lithium, where there was a huge pipeline of projects that could come online."

The problem with rare earth metals is that China dominates the global market. It controls roughly 79% of global tungsten mined output, which Western companies rely on heavily.

According to Project Blue, a London-based commodity research firm, manufacturers have been searching for alternative supplies since China significantly tightened export controls last year. Chinese shipments of restricted tungsten products were down about 40% last year, the firm said.

The tungsten squeeze highlights why the Trump administration has been furiously rewriting global supply chains away from China, especially with the push to build out domestic rare earth supply chains critical for the military and semiconductor industries.

"The industrial base is desperate for material," said Almonty Industries CEO Lewis Black, whose firm is set to begin commercial production at the site of an idled mine in South Korea and is seeking to develop the first U.S. tungsten mine in a decade.

"We've never been in a situation where the market is determining the price," Black said. "So we don't really know where it's going to settle."

One year ago, Black warned his customer base was in a "state of disbelief" amid China's tightening of global supplies.

"It's the warning shot, because we cannot exist without it," Black told Bloomberg's Annie Lee in an interview at the time.

He noted: "Our economy, manufacturing, defense, everything, is so dependent on it. And yet, Russia, China and North Korea have about 90% of the output."

Shares of Almonty in the U.S. are up 127% this year, as the market is waking up to the fact that this company is expected to become one of the largest tungsten producers outside China.

Almonty is also developing a U.S. tungsten project in Montana that it says could become the first U.S. tungsten mine in about a decade.

Military-related tungsten demand is set to surge this year because the metal is used in missile components and other weaponry deployed in the conflict zones of the Middle East and eastern Ukraine. Major U.S. defense companies have already signaled to the Trump administration that missile production will quadruple, putting even more pressure on critical metals.

Tyler Durden Mon, 03/16/2026 - 16:50

"...The Entire Internet Has Doomer Fatigue"

Zero Hedge -

"...The Entire Internet Has Doomer Fatigue"

Authored by James Howard Kunstler,

"I can tell the entire internet has doomer fatigue."

- Catturd on X

The mysterious financial repo markets - which practically no one outside of banking understands (and even some banking insiders don't) - started showing some signs of stress recently (forward rates spiking: 1Y1Y SOFR has risen nearly 50 bps in two weeks, signaling growing concern among dealers and investors about future funding costs); though not near the level they did in September 2019, just before You-Know-What sucker-punched the world with lockdowns, stolen elections, and fake vaccines. Half of America still hasn’t got its head straight... and here we go again.

The private equity outfits, like giant BlackRock, are wobbling so hard that they had to “gate redemptions” — meaning, investors can’t pull their money out of funds going dark with dubious collateral. It’s exactly what sparks panics. Money can only stand so much unreality. The Rube Goldberg machine of finance — a scaffold of insane complexity designed to bamboozle the rubes — is threatening to fly apart. The world only needs so many pre-owned yachts.

Plus, there’s a war on, which has disrupted the regular flow of the world’s primary resource: oil.

That’s the really-real side of the picture. The Strait of Hormuz remains closed.

You’ve got to wonder how much additional pounding the lunatic state of Iran can take.

It’s not clear who is even in charge there. Iran’s supposed foreign minister, one Aras Araghchi, is suddenly offering to give up those 440 kilos of 60-percent enriched uranium that are at the heart of this quarrel.

Sounds a little surrender-ish, though he made the offer with a certain defiant bluster. Let’s see where that goes.

Maybe the war will be over sooner than you thought.

Watch and listen starting at 13:00-minute Mark:

With all this in motion, things slip-sliding all over the place, the week ahead may be one in which nobody can think straight or get a straight answer.

Here’s something to chew on: do you think Great Britain is our dear friend because we speak the same language? Great Britain has been allowing Iran’s ruling Revolutionary Guard to park its money in London for half a century while Lloyd’s offers jacked-up insurance rates to all those tankers faring through the Strait of Hormuz.

This dynamic has made world oil up to 15-percent more expensive since the 1970s, and Britain’s banks have been creaming off the premium all the while. Trillions. Mr. Trump is putting an end to that racket while he also terminates Iran’s ability to export Jihad thuggery throughout the Middle East. That’s the meaning behind the Abraham Accords and the new Board of Peace set up to figure out Gaza — and probably to replace the broken United Nations as a mediating force in the region’s long-running conflicts.

Mr. Trump is also sending a message to China: the US will have something to say about the flow of oil going there out of the Persian Gulf, which is to say most of China’s imported oil. (The US imports relatively little oil out of the Persian Gulf, two to three percent of total US oil consumption which is 20-million barrels a day.) This is pretty serious power politics, but notice that China has not started World War Three over it. Mr. Trump and Xi are still talking, and are scheduled to meet in Beijing in April. Meanwhile, Xi is having plenty of trouble of his own with twitchy PLA generals, a staggering deflationary export economy, and a lot of angry young people thrown out of work.

One thing our country will not get a straight answer on this week is the SAVE Act. Senate Majority Leader John Thune made noises over the weekend about staging a half-assed “debate” on the floor, a demi-filibuster. . . then holding a guaranteed-to-fail cloture vote. . . making it impossible to reach a place where the bill might be subject to a simple majority vote. The procedural bullshit at issue is surely a challenge for the general voting public to understand. The bottom line is that Majority Leader Thune is entirely in-charge of the filibuster process and could make it work to advantage the SAVE Act if he wanted to. He could call for a full, “standing” filibuster that would require the bill’s opponents to explain themselves — that is, to explain why they prefer election fraud.

So, for now, the Save Act will fail to pass. The public will register the failure, if not the twisted route that got it there, and they will be mighty pissed-off. The really interesting part is what happens after all this is acted out, especially Senator Thune’s comic attempt to explain why he did this. And especially if, in the weeks just ahead, the nation watches federal indictments rain down for election fraud in Georgia, Wisconsin, and other states where so many weird things happened right before our eyes in November, 2020, 2022, and 2024. Sometime after that, the SAVE Act will come up for a vote again, and with a vengeance!

Tyler Durden Mon, 03/16/2026 - 16:25

Guess What Ireland's President Said About St. Patrick's Day...

Zero Hedge -

Guess What Ireland's President Said About St. Patrick's Day...

Authored by Steve Watson via Modernity.news,

Irish President Catherine Connolly marked her first St. Patrick’s Day in office with a message that reframed Ireland’s patron saint as a symbol for open borders and ‘global citizenship’, urging the Irish to embrace migrants amid ongoing surges in arrivals that have sparked nationwide tensions.

In a video address, Connolly drew parallels between St. Patrick’s enslavement and modern migration, calling for hospitality toward those displaced by war and persecution—conveniently overlooking how mass influxes of economic migrants have overwhelmed Irish communities and resources.

The full message, delivered against a backdrop of Irish and other flags, emphasized St. Patrick’s story as “a reminder of the resilience and courage of migrants, the invaluable contributions that they have made, and continue to make, to the countries they now call home, sometimes even in the face of great adversity.”

Connolly went on: “Patrick’s story speaks not only to the Ireland of the 5th century, but to the millions still subjected to trafficking, forced labour and displacement today.”

She added, “As we recall the life of Patrick, we invoke his spirit and acknowledge our shared responsibilities as global citizens. We stand in solidarity with those who find themselves in vulnerable and dangerous circumstances.

The president wrapped up by stressing, “Patrick’s story invites us to respond with hospitality and kindness to those suffering the consequences of war and displacement, those fleeing their countries because of persecution or violence.”

This pivot comes as Ireland ramps up immigration reforms in 2026, including higher salary thresholds for work permits, digitalized processes, and faster citizenship paths for those granted international protection—moves that critics say prioritize foreigners over native Irish struggling with housing shortages and cultural erosion.

The government’s Budget 2026 poured funds into modernizing the system, aiming to streamline legal access for more migrants while protests against accommodation centers continue to simmer across the country.

The message quickly drew fire on X, where users slammed it as a betrayal of Irish identity in favor of globalist talking points.

One poster fired back: “The spirit is St Patrick? Wasn’t he the guy who ‘Chased the SNAKES out of Ireland?!?’ Don’t you see the similarity here?”

Another echoed: “St. Patrick chasing the snakes out of Ireland is not a metaphor for being friends and surrendering Ireland to foreign invaders.”

These reactions highlight growing frustration with leaders who seem more eager to virtue-signal on the world stage than protect their own country’s sovereignty and traditions.

Connolly’s address also touched on Ireland’s neutral stance and commitment to peace, claiming the nation is “uniquely placed” to address global challenges due to its history of famine and migration. But such rhetoric rings hollow as domestic unrest over immigration boils over, with recent changes easing pathways for newcomers while native concerns go unheeded.

This address reeks of complete capitulation. St. Patrick’s Day is supposed to honor Irish patriotism, not serve as a platform for diluting national pride under the guise of “hospitality.” If Ireland wants to preserve its heritage, it’s time to chase out the globalist snakes eroding it from within.

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.

Tyler Durden Mon, 03/16/2026 - 15:45

Nvidia Shares Pump & Dump After CEO Jensen Expects "At Least" $1 Trillion In Revenue By 2027

Zero Hedge -

Nvidia Shares Pump & Dump After CEO Jensen Expects "At Least" $1 Trillion In Revenue By 2027

Summary: 

  • CEO Jensen began discussing all things AI around 1520 ET.

  • CEO Jensen said the data center AI opportunity will grow from half a trillion dollars to $1 trillion by 2027. CEO Jensen said, "Computing demand has increased by 1 million times in the last two years."

  • A graphic on screen indicated that 60% of the business is hyperscalers.

  • CEO Jensen said, "We are now a computing platform that runs all of AI."

  • CEO Jensen said, "Our cost per token is the lowest in the world."

  • Nvidia unveiled the new Vera Rubin program.

*   *   * 

Nvidia CEO Jensen Huang is speaking at the GTC 2026 in San Jose, California, about the company's AI expansion.

Huang said the data center AI opportunity is growing from about half a trillion dollars to more than $1 trillion by 2027. He said that 60% of the company's business comes from hyperscalers, adding that 40% is everything else, clouds, enterprise, robotics, gaming, supercomputing, etc.

The graphic shows that much of the demand is driven by model builders and AI companies such as Anthropic, xAI, Gemini, and OpenAI.

"We are now a computing platform that runs all of AI," the CEO said. 

The presentation initially sent Nvidia shares up as much as 4.8%, while the Nasdaq also moved higher, but most of those gains have now been erased.

A round trip for Nvidia shares.

This. 

Other highlights of Jensen's presentation include...

Jensen says, "computing demand has increased by 1 million times in the last 2 years." Hints at the current memory shortage created by the AI buildout of data entry. 

On Tokens per watt: Jensen said, "Nvidia AI GPUs that can quickly get through more tokens than the competition." He noted, "This is your revenue. Our cost per token is the lowest in the world."

Nvidia unveils the New Vera Rubin program. It's the company's latest AI platform for AI data centers that is "vertically integrated completely with software." 

Watch Jensen live here:

Developing...

Tyler Durden Mon, 03/16/2026 - 15:32

Cuba Suffers "Total Disconnection" Of Power Grid; Trump Says Deal With Havana 'Pretty Soon'

Zero Hedge -

Cuba Suffers "Total Disconnection" Of Power Grid; Trump Says Deal With Havana 'Pretty Soon'

Summary:

  • Cuba's National Electrical System suffered a "total disconnection" on Monday afternoon.

  • Trump said on Sunday that he expects a U.S.-Cuba deal very soon.

  • Cuban President Miguel Díaz-Canel admitted on Friday that talks between Havana and Washington are underway.

  • Cuban fuel supplies are dangerously low amid Trump's crude import blockade.

*  *  *

Cuba's National Electrical System has suffered what the country's Energy Ministry called a "total disconnection," and the causes are being investigated. This comes as Trump's blockade of crude oil imports to the Caribbean island has reduced fuel stockpiles to dangerously low levels.

"A total disconnection of the SEN has occurred. The causes are being investigated, and protocols for restoration are being activated," the Energy Ministry said on X around 1400 ET.

Earlier, we reported that Trump is in talks with Cuba and that a deal could be reached soon.

Over the weekend, Cuban President Miguel Díaz-Canel publicly admitted for the first time that Havana was in talks with Washington.

*  *  * 

As Aldgra Fredly detailed earlier for The Epoch TimesU.S. President Donald Trump said on March 15 that the United States is in talks with Cuba and expects to reach a deal with the communist-ruled country soon.

Tourists ride in an old American car used as a taxi along a quiet avenue in Havana on Feb. 8, 2026.Adalberto Roque/AFP via Getty Images

Trump told reporters aboard Air Force One that "something will happen with Cuba pretty quickly," and that Washington will decide on Cuba after dealing with the war in Iran.

Trump on Jan. 11 told Cuba to strike a deal after U.S. forces captured Venezuelan leader Nicolás Maduro in a Jan. 3 operation. Cuba has long been a close ally of Maduro's regime and has relied on Venezuela's oil supply for decades.

After Maduro's ouster, interim Venezuelan leader Delcy Rodríguez redirected oil deliveries to the United States.

"Cuba also wants to make a deal, and I think we will pretty soon either make a deal or do whatever we ​have to do," Trump told reporters on March 15. "And so, we're talking ​to Cuba, but we're going to do Iran before Cuba."

On Jan. 29, Trump signed an executive order imposing tariffs on any country that "directly or indirectly provides oil to Cuba," a move that exacerbated fuel shortages in the Caribbean island nation.

In his order, Trump accused the Cuban regime of aligning itself with "hostile countries, transnational terrorist groups, and malign actors," including Russia, China, and Iran, as well as U.S.-designated foreign terrorist groups Hamas and Hezbollah.

Cuban leader Miguel Díaz-Canel Bermúdez said on March 13 that his government has been negotiating with U.S. officials to identify and resolve any bilateral issues between the two nations.

"These conversations have been aimed at seeking solutions, through dialogue, to bilateral differences that exist between the two nations," Bermúdez said, according to a statement posted by Cuban Foreign Minister Bruno Rodríguez Parrilla on social media. "There are international factors that have facilitated these exchanges."

A man pushes a tricycle past a jeep sporting a wheel cover featuring an image of the US flag in Havana on Jan. 23, 2026. Yamil Lage/AFP via Getty Images

Bermúdez said his officials have expressed that negotiations must be held "on the basis of equality and respect for the political systems of both states," as well as their sovereignty.

"This is a matter that unfolds as part of a very sensitive process that is conducted with seriousness and responsibility, as it affects the bilateral relations between the two nations and requires enormous efforts to find solutions and create spaces for understanding that allow us to move away from confrontation," he said.

Cuban leader Miguel Diaz-Canel consoles relatives of some of the 32 Cuban soldiers killed during the U.S. operation that captured Venezuelan leader Nicolás Maduro, during their funeral at Colon cemetery in Havana on Jan. 16, 2026. Adalberto Roque/AFP via Getty Images

Trump said last week that Cuba currently faces severe humanitarian challenges amid disruptions in imported oil and is eager to negotiate with the United States. He also said there could be a "friendly takeover" of the nation, but also said that "it may not be a friendly takeover."

Tyler Durden Mon, 03/16/2026 - 15:25

Silver's Endgame: Almost Too Obvious

Zero Hedge -

Silver's Endgame: Almost Too Obvious

Authored by Matthew Piepenburg via VonGreyerz.gold,

The case for silver is now almost too obvious.

Silver’s Fat Pitch

Like many Americans, I grew up playing a fair amount of baseball. Part of this involved trying to hit a little round ball with the equivalent of a modified, wooden stick.

Like asset prices and market forces, this little white ball, thrown by a pitcher 60 feet away, could sink, curve or speed by you in bewildering and often embarrassing ways.

Sometimes, however, we hitters of that ball would be blessed with what is called a “fat pitch”—that is, a ball thrown so comfortably straight, clear and trackable that it was effectively impossible to miss.

Below, I’ll show why the set-up we are currently seeing in the global silver market is precisely that: A fat pitch.

Prior Silver Curve Balls

Of course, silver markets, like baseball players, have also seen a lot of curve balls and crazy swings.

We saw recent versions of this in December of 2025, when the COMEX price-fixers, with a little help from the Chicago Mercantile Exchange, or CME, raised margin prices to force a mass-selloff (i.e. price-fall) of the metal.

When that pitch failed, the COMEX threw another, far more effective margin hike (or “curve ball”) in late January of 2026 to openly engineer the single-worst silver price crash in 44 years.

The reasons for these tricky pitches at the COMEX were obvious. The big players (i.e., banks) going net-short silver were literally dying under the weight of silver’s rising price moves.

Not so coincidently, the CME/COMEX then initiated another, more effective, margin hike and thereby bailed the insider banks out of the mother of all short-squeezes.

There was no price discovery, but blatant price manipulation, as fixed/rigged as the 1919 World Series. (Ironically, both the CME and the cheating, 1919 White Sox hailed from Chicago…)

But as I argued in January, such a rigged game was nothing new. The COMEX has been playing it for decades, from defeating the Hunt Brothers’ silver bid in the 1980’s (with a sell-only trick) to crushing the “Reddit mob’s” attempt to bring honest demand (and pricing) to silver in 2021.

In short, the COMEX, and the banks who effectively self-regulate it, threw a lot of curve balls which were difficult to beat.

But as we enter the 2026 macro playing field, it is the COMEX itself which is about to strike out, and this bodes extremely well for silver.

Here’s why.

Silver: About to Hit a Homerun

The set-up for silver is now nothing short of extraordinary. In fact, it is unprecedented.

At 30,000 feet, the big picture remains the same. That is, as currencies are debased to monetize unsustainable sovereign debt levels, monetary metals like silver outshine dying paper currencies.

It’s really that simple.

But the more nuanced, and often misunderstood, tailwinds for silver are a bit more complicated, though entirely clear once you know where to look.

And the first place to look is at the COMEX itself, where silver (like gold) has been manipulated downwards for decades. We’ve covered the motives, means and symptoms of this COMEX price fix in greater detail elsewhere.

What is worth noting here, however, is critical. That is, once the physical silver leaves the COMEX, the artificial price-fixing charade ends, and silver naturally rips higher.

Paper Claims vs. Physical Demand

Traditionally, for example, paper claims on silver (and gold) never resulted in actual delivery out of the COMEX. Instead, the contracts were simply rolled over or cash-settled.

But those days are ending.

As of this writing, there are more paper claims (“open interest) on the COMEX silver exchange than there are actual ounces of “registered” silver to meet delivery. In fact, there’s only about 80 million ounces on hand to meet over 570 million ounces of delivery demand.

That’s a levered mismatch of 7:1 at the COMEX.

If we then consider the larger silver market itself, including ETF silver, derivative claims, futures contracts, etc., many analysts in the commodity space are quoting the number of paper silver claims to actual silver ounces at a ratio of 350:1.

Read that last line again.

No Chairs Left

If one were to think of the paper silver market as a game of musical chairs in which the “music” represents the actual amount of physical silver available and the “chairs” represents the number of paper claims on it, the supply & demand ratios above make it mathematically clear that once the music stops, there’ll be very chairs left standing with silver.

Or stated more simply, percolating physical silver demand is about to hit a supply shock, which means silver is poised to skyrocket.

And if you look at the COMEX silver flows, you’ll quickly discover that the music is slowing down.

January applications for silver deliveries at the COMEX, for example, came in at 40M ounces, which was 40X the normal delivery rate.

A more recent delivery took 20% off the COMEX inventory in a week. (I have no proof, but I’m guessing the buyer here was JP Morgan…)

Looming Delivery Failure

At this exit pace, it’s at least plausible that the COMEX could see a bald failure of physical delivery within 90 days.

In such an event, the COMEX silver trade would be reduced to a cash-only trade, a possibility I warned of in January.

But this, of course, would only happen if one assumed the COMEX wouldn’t declare some kind of emergency in the interim, which we can be almost sure they will…

Nevertheless, the screws are now undeniably tightening on this New York exchange in ways we’ve never seen before.

This classic mismatch of supply and demand in the silver space is unprecedented, and whether the price-fixers in New York like it or not, supply and demand forces still matter, and they can be powerful forces…

Supply Deficits Colliding with Rising Demand

For example, and as most silver investors know, this metal has seen five consecutive years of supply deficits at 200M ounces/year, now aggregating to a deficit of nearly 1 billion ounces. China’s recent export restrictions for silver, moreover, aren’t helping supply flows.

Meanwhile, in the silver future’s market, we are seeing backwardation, a fancy way of saying that current prices are higher than future prices, which is a screaming signal of high demand colliding with low supply.

These factors help explain why the current lease rate for silver is at 8% levels, whereas for the bulk of my entire investing career, the lease rate had never surpassed 1%– until now.

Combine such evidence of a supply shock with silver’s rising industrial demand (60% of silver’s demand is industrial) in everything from solar panels to the missiles now cris-crossing Middle Eastern skies, and we see all the makings of a historical price hike in the metal.

After all, the silver supply can’t be magically increased with just the touch of a button. 70% of silver production comes as a byproduct of other mining.

This means there’s no silver supply miracle on the horizon.

And Then There’s War…

What IS filling our horizon, however, is the fog of war and hence the fog of oil. Supply shocks matter to oil just as much as they do to any asset, including silver.

As crude oil rises thanks to tightening flows in the Strait of Hormuz, so does inflation, and for every $10.00 rise in oil, we see a 0.1% rise in even our otherwise openly bogus inflation scale.

And as inflation rises, as it will, the monetary profile of silver just gets another tailwind as an anti-fiat metal.

Back to Baseball

Which brings me back to my original point and metaphor.

When one combines silver’s monetary profile with its rising industrial demand in a backdrop of historical supply deficits, COMEX delivery failures, rising lease prices, futures market backwardation, and all that is inherently backward as to war and rising oil, we arrive at what comes to nothing more than an unprecedented “fat pitch” for silver.

Batter up.

Tyler Durden Mon, 03/16/2026 - 14:40

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