College-Educated Oversupply Crisis Worsens 

The widening mismatch between an oversupply of college-educated workers and a deepening shortage of talent for non-degree, hands-on jobs has grown even more pronounced.

Bloomberg reports that the latest delayed BLS data shows a sharp deterioration in white-collar jobs, especially those holding four-year degrees, now making up a record 25% of all unemployed - or about 1.9 million folks, the highest level since 1992.

The unemployment rate for bachelor’s degree holders climbed to 2.8% in September, while joblessness for other education groups remained relatively the same. Young degree-holders are getting squeezed the most: unemployment for ages 20 to 24 jumped to 9.2%, an increase rarely seen outside recessions. 

The jobs data builds on our note last week, citing Goldman analysts led by Evan Tylenda, who spoke with labor demographer Ron Hetrick.

Their discussion highlighted an alarming shift in the labor market: an oversupply of college graduates and a shortage of non-college-degree technical workers.

ZeroHedge Pro subscribers can read the full note in the usual spot. It offers key understandings of the shifting labor market ahead of the 2030s. 

Palantir CEO Alex Karp recently had an epic quote about this emerging labor market mess :

The average Ivy League grad voting for this mayor is annoyed their education is not that valuable, and that the person who knows how to drill for oil has a more valuable profession.

I think that annoys the f*ck out of these people. 

Palantir CEO Alex Karp on Zohran Mamdani and NYC:

“We’re about to probably have a complete disaster. I was born in New York.

“If you asked, ‘do these things actually work?’ Everyone’s like, ‘of course I’m not going to vote for that.’ Instead they ask, ‘does it work in theory?’ pic.twitter.com/yvA6nn5Aeu

— Jawwwn (@jawwwn_) November 4, 2025

The education industrial complex has spent more time transforming kids into Marxist activists than preparing them for future labor market shifts. Now, these purple-haired degree holders are entering a shrinking labor market, and companies view these kids as giant liabilities.

It’s time for young people to consider avoiding overpriced college. Perhaps time to learn an actual skill that makes you valuable, one that lets you remain productive before automation and AI sweep the labor market, such as building data centers or working on natural gas turbines. 

Tyler Durden Mon, 11/24/2025 - 05:45

FAA Prepared For Busiest Thanksgiving Travel In 15 Years

Authored by T.J.Muscaro via The Epoch Times,

The Federal Aviation Administration (FAA) is preparing for the busiest Thanksgiving holiday travel period in 15 years.

More than 360,000 flights are scheduled between Monday, Nov. 24, and Tuesday, Dec. 2, delivering people to and from their destinations across the country. Flights are set to peak on Nov. 25, with more than 52,000 flights alone, and Nov. 26 is expected to be nearly as busy, with more than 50,000 flights scheduled.

Thanksgiving Day, Nov. 27, is expected to see the lowest air traffic that week, with the administration forecasting more than 25,500 flights. Last week, the FAA ended its mandatory flight reductions and now stands ready to oversee the travel spike.

“Thanks to the dedication of our air traffic controllers and every FAA employee, we are ready for the holiday rush and take pride in helping travelers reach their friends and families during this important time of year,” FAA Administrator Bryan Bedford said.

“I am deeply grateful to our entire FAA team. Even through a period of record-high traffic, their unwavering commitment keeps the system running safely.”

One of the airports that faced those reductions, Tampa International Airport (TPA) in Florida, released its own statement ahead of the holiday rush to assure travelers that it would be fully staffed.

“TPA is ready to fully handle the estimated 924,000-plus passengers projected to pass through the Airport over the Thanksgiving holiday travel period from November 20 to December 1,” the airport said in its statement.

“TPA’s operations team anticipates that Sunday, November 30, will be the busiest day, with an estimated 86,278 passengers expected to pass through the airport.”

If delays are experienced, it is unlikely to be due to the volume of flights, according to the FAA.

As of Nov. 10, the administration said that approximately 13.5 percent of total delay time was due to volume, while more than 62 percent was due to weather.

And weather could become an issue for several airports across the country and across the travel period.

“A frontal system passing from the Great Lakes to the interior Northeast Sunday into Monday will bring a mix of rain and snow showers,” the Weather Prediction Center said on Nov. 22.

“Thunderstorms will continue today for south Texas in [the] vicinity of a stationary frontal boundary.”

The Dallas-Fort Worth area is anticipating severe rainfall on Nov. 24, with rainfall totals possibly reaching up to four inches. However, on Thanksgiving Day, the weather is expected to be sunny and dry, with a high of 60 degrees Fahrenheit.

Heavy rains will also be felt across Texas and the Mississippi River, extending to Kansas City, Missouri.

“Scattered showers and thunderstorms are expected late Monday into Tuesday as another disturbance and associated cold front pushes through Southeast TX,” the National Weather Service’s Houston office stated.

“Some storms will have the potential to become strong to severe. In addition, locally heavy rain will be possible. The greatest risk of strong to severe storms will be generally north of I-10. Instability will be a limiting factor though.”

Slow-moving showers will also affect the greater Atlanta area and the southeast.

“Slow-moving showers push into the area Tuesday night into Wednesday and Thursday with beneficial rainfall expected, especially over north Georgia,” the National Weather Service’s Atlanta/Peachtree City Office said.

Out west, Denver could also be affected as the National Weather Service reports a cold front moving across its part of the Rocky Mountains on Nov. 24 and Nov. 25, bringing possible snow showers. However, as of Nov. 22, forecasted travel impacts remain minimal.

The American Automobile Association (AAA) projected that approximately 6 million people will travel by air for Thanksgiving this year, a 2 million year-over-year increase. But this represents only a fraction of total travelers during this holiday period.

“At least 73 million people will travel by car, that’s nearly 90 percent of Thanksgiving travelers, and an additional 1.3 million people on the road compared to last Thanksgiving,” AAA said on its website.

“That number could end up being higher if some air travelers decide to drive instead of fly following recent flight cancellations.”

Tyler Durden Mon, 11/24/2025 - 05:00

Luxembourgers Are The World's Biggest Coffee Drinkers

The global coffee market continues to grow, but consumption patterns vary widely across countries. Northern European nations dominate the upper tiers, driven by a long-standing café culture and high per-capita spending. Meanwhile, large emerging markets drink far less per person despite being major producers.

This visualization, via Visual Capitalist's Bruno Venditti, ranks 65 countries by their daily coffee consumption per capita in 2025, showing how drinking habits differ around the world. The table below also includes data on lifetime coffee consumption, and average cup prices.

The data for this ranking comes from Cafely.

Europe Continues to Dominate Global Coffee Consumption

Northern Europe remains the global center of coffee drinking. Luxembourg leads the world with 5.31 cups per day per person—far ahead of larger economies.

Luxembourg’s per-capita figure is boosted by its huge commuter workforce. Nearly half of all workers (47%) live outside the country, and their daily coffee consumption is counted in Luxembourg’s totals.

Finland and Sweden, long known for their strong coffee cultures, follow closely behind. All of the top 10 countries are European, reflecting both historical preferences and high purchasing power.

RankCountryDaily coffee
consumption
per Capita (Cups)Lifetime
Consumption (Cups)Price
per cupLifetime spending 1Luxembourg5.31118,227$3.60$425,618 2Finland3.7783,939$4.00$335,756 3Sweden2.5958,612$3.70$216,863 4Norway2.5758,159$4.40$255,900 5Austria2.0345,198$3.30$149,153 6Denmark2.0444,676$5.40$241,250 7Switzerland1.8742,318$5.00$211,591 8Netherlands1.7939,854$3.10$123,548 9Greece1.7137,449$3.10$116,092 10Germany1.6135,259$3.10$109,303 11Canada1.5734,956$3.50$122,346 12Belgium1.5734,383$3.10$106,587 13France1.4832,952$3.10$102,152 14Slovenia1.4932,631$1.70$55,473 15Italy1.4432,587$1.54$50,184 16Lebanon1.631,536$3.63$114,476 18Brazil1.5831,142$1.55$48,270 17Cyprus1.4231,098$3.17$98,581 19Portugal1.4130,879$1.66$51,259 20Croatia1.4730,583$1.72$52,603 21Estonia1.4429,959$3.05$91,376 22Lithuania1.4328,707$2.72$78,084 23Czech Republic1.2526,463$2.46$65,098 24United States1.2225,827$4.69$121,131 24Australia1.1425,798$3.24$83,586 26Ireland1.1325,159$3.47$87,303 27Spain1.0623,988$1.92$46,057 28Costa Rica1.0522,229$2.55$56,683 29Japan0.9321,385$3.10$66,295 30Poland0.9519,765$2.48$49,017 31Latvia0.9719,119$2.78$53,150 32Bulgaria0.9818,243$1.57$28,641 33South Korea0.7416,746$3.59$60,119 34Romania0.8616,637$2.01$33,440 35Malta0.6715,162$2.45$37,147 36Algeria0.7214,454$0.84$12,141 37El Salvador0.7113,217$2.65$35,024 38Hungary0.6412,848$1.57$20,171 39Venezuela0.6912,844$1.59$20,423 40Slovakia0.6112,468$2.15$26,807 41Colombia0.612,264$1.14$13,981 42Ukraine0.5810,797$1.13$12,200 43Saudi Arabia0.5210,629$3.82$40,602 44Taiwan0.469,906$2.79$27,638 45Dominican Republic0.529,870$2.11$20,825 46Russia0.59,673$2.91$28,147 47Honduras0.519,494$1.80$17,089 48Vietnam0.428,125$1.99$16,169 49Philippines0.437,848$2.47$19,383 50Ethiopia0.467,556$0.78$5,893 51Haiti0.467,220$2.74$19,782 52Turkey0.316,450$1.54$9,932 53Thailand0.36,351$1.81$11,495 54Morocco0.315,997$1.62$9,715 55Guatemala0.345,957$2.37$14,118 56Mexico0.295,610$2.55$14,306 57Indonesia0.274,829$2.06$9,948 58Argentina0.214,292$1.76$7,555 59Sudan0.233,694$1.80$6,649 60Madagascar0.193,051$1.19$3,631 61Egypt0.173,040$1.99$6,050 62South Africa0.172,544$1.72$4,376 63Peru0.112,208$2.50$5,521 64Uganda0.081,226$2.86$3,508 65India0.02365$1.83$668 Large Economies Consume Less Coffee Per Person

Despite being major consumers in absolute terms, large countries such as the United States, Japan, and Brazil rank much lower on a per-person basis.

The United States averages 1.22 cups per day, placing it 24th overall. Japan, with its thriving café scene and canned-coffee culture, averages just under one cup per day. Brazil, the world’s biggest coffee producer, lands mid-pack at 18th with 1.58 cups per day.

Some Countries Barely Drink Coffee at All

At the bottom of the ranking are countries where tea or other beverages dominate daily habits. India records the lowest consumption at just 0.02 cups per day—roughly one cup every seven weeks. Several African and South Asian countries also rank low, typically drinking less than 0.3 cups daily.

If you enjoyed today’s post, check out Which Countries Drink the Most Wine? on Voronoi, the new app from Visual Capitalist.

Tyler Durden Mon, 11/24/2025 - 04:15

UK Greenlights First Rolls-Royce SMR Project Despite US Pushback

Authored by Felicity Bradstock via OilPrice.com,

• UK selects Rolls-Royce as preferred SMR developer and launches its first project at Wylfa, aiming for mid-2030s power generation.

• The decision triggers criticism from the Trump administration, which pushed for U.S. firm Westinghouse to lead the project.

• Despite diplomatic friction, the UK says SMRs will anchor a domestic nuclear revival and leave room for future collaboration with U.S. developers.

After selecting Rolls-Royce as the United Kingdom’s preferred bidder to build the country’s first small modular reactors (SMRs), the government has confirmed the start of project development in Wales. The development of SMR technology is expected to help the U.K. expand its nuclear power capacity, as well as become a competitive SMR power. However, the United States Trump administration, which recently signed an agreement with the U.K. for SMR development, does not support the choice of a British company for the development of the technology. 

In June, the U.K. government announced that Rolls-Royce SMR had been selected as the preferred bidder to partner with Great British Energy – Nuclear (GBE-N) to develop SMRs, subject to final government approvals and contract signature. The government pledged almost $3.3 billion for the SMR programme, expecting to support the creation of 3,000 new skilled jobs and power the equivalent of roughly 3 million homes with clean, domestic energy. 

The SMR project marks a major shift in the U.K.’s approach to nuclear energy, as it develops the first two major conventional nuclear plants in several decades and invests in new nuclear technologies. SMRs are smaller and faster to build than conventional nuclear reactors, and their modular nature means that more capacity can be added as required. 

In November, the government announced plans to develop a first-of-its-kind nuclear power station on the Welsh island of Anglesey. The plant at Wylfa will be home to three SMRs, although it will have space for up to eight, with works expected to commence in 2026 and first power generation in the mid-2030s.

The existing nuclear plant at Wylfa was powered down in 2015, and previous plans for a large-scale replacement were scrapped in 2021. The new project is expected to bring a much-needed boost to Anglesey’s economy, as well as provide jobs for several decades. Prime Minister Kier Starmer said, “Britain was once a world leader in nuclear power, but years of neglect and inertia have meant places like Anglesey have been let down and left behind. Today, that changes."

The First Minister of Wales, Eluned Morgan, supports the project and has been “pressing the case at every opportunity for Wylfa's incredible benefits”. Meanwhile, the U.K. energy minister, Ed Miliband, said that Britain is in the race for new reactors. Miliband said in a radio interview that the aim is to “work with local colleges to make sure that there are local skills providers, skills training opportunities, so local people get these jobs”.

The SMRs will be built in a modular format in factories before being shipped to site to be assembled. However, several challenges remain, including getting regulatory approval, building the SMR factories, and training the workforce to operate the sites. Rolls-Royce will build on its experience developing reactors for Britain’s nuclear submarines to develop the SMRs. Since promoting its SMR business, the British firm has attracted several investors, including the UAE’s sovereign wealth fund – the Qatar Investment Authority, the American utility Constellation, and CEZ, the Czech Republic’s power company.

While the new project offers high hopes for the development of the U.K.’s nuclear energy industry, U.S. President Trump is less than happy with Prime Minister Starmer’s selection of Rolls-Royce for the job. The U.S. was reportedly hoping that the U.K. government would choose American Westinghouse Electric Company to develop a conventional nuclear plant at Wylfa.

Before the Anglesey project was announced, the U.S. ambassador Warren Stephens published a statement saying that Britain should choose “a different path” in Wales. “We are extremely disappointed by this decision, not least because there are cheaper, faster and already-approved options to provide clean, safe energy at this same location,” Stephens stated. The ambassador’s response follows the signing of a nuclear partnership between the U.K. and the U.S. in September, with a potential value of $100 billion.

However, a source close to the U.K. government said, “This is the right choice for Britain. This is our flagship SMR programme, producing homegrown clean power with a British company, and we have chosen the best site for it.”

Nevertheless, the U.K. government said that developing SMRs at Wylfa “doesn’t close the door" to a U.S. manufacturer working on a future project. GBE-N is also assessing different sites in the U.K. for the potential development of another large-scale nuclear power plant, like Hinkley Point in Somerset and Sizewell C in Suffolk, which are currently being developed and are expected to power around six million homes once complete.

Despite the agreement for greater cooperation between the U.K. and the U.S. on nuclear power, the U.K. government has chosen a British company to develop its first SMR project, showing its support for the development of domestic nuclear technologies. The project is expected to make the U.K. highly competitive in the field of SMR reactor development over the coming decade, as well as diversify the country’s nuclear power industry. 

Tyler Durden Mon, 11/24/2025 - 03:30

G20 In South Africa Ends With A Whimper After Trump Snubs Event

South Africa is back in the news yet again, and facing embarrassment yet again.  South Africa's far-left government was hoping that the G20 Summit held this week in Johannesburg would elevate the country's global position and garner them international attention (and funding).  It is the first time in history that the G20 has been held in South Africa.    

However, the Trump Administration has made it clear that the South African event is a nothing-burger and the real G20 will be held in the US (in Florida) in 2026.  The meeting was not only snubbed by Trump; China, Russia, Argentina, Mexico and Indonesia did not send representatives either, likely because the summit had no momentum without US participation. 

Confusion arose when SA President Cyril Ramaphosa spread rumors that the US was actually participating in the talks, leading the media to suggest Trump had flip-flopped. 

When asked about the alleged shift, Press Secretary Karoline Levit accused Ramaphosa of 'running his mouth' about the US and spreading misinformation.  No such change had occurred and the US did not attend the talks.  This is yet another example of Ramaphosa making claims which end up being easily debunked.

A primary contention over the event was the highlighting of the global warming and carbon taxation agenda, which Trump has repeatedly called out as a fraud.  For countries like South Africa, however, the climate change issue has the potential to become highly lucrative.

The UN, the WEF and many other globalist institutions have called for carbon taxation as a form of wealth redistribution from wealthy nations to third world nations.  Carbon taxes are sometimes referred to as "climate reparations" that could greatly enrich countries with less substantial industry (carbon footprint).  The carbon scheme is in fact nothing more than another cash grab by global elites, using the "plight" of the third world and unfounded fears of climate oblivion as justifications for centralized carbon taxation and worldwide socialism.

South Africa is facing deepening economic decline, with a 32% unemployment rate and imploding infrastructure (due to lack of proper maintenance over the span of decades), the country was already in dire straits when Trump entered office. 

Trump made South Africa's anti-white policies (145 race based laws that undermine the rights of white citizens) and land confiscation laws international news. He then crushed President Cyril Ramaphosa on live TV with videos of communist political groups calling for the mass murder of white farmers (Boers) after Ramaphosa denied such a problem existed. 

The end of the insidious USAID organization and cuts to foreign funding have further eroded SA's economy.  Now, their first ever G20 event is opening with a whimper of empty resolutions and missing world leaders. 

Tyler Durden Mon, 11/24/2025 - 02:45

Why'd Kazakhstan Join The Abraham Accords When It Already Recognizes Israel?

Authored by Andrew Korybko via Substack,

Many observers were surprised after Kazakhstan joined the Abraham Accords during President Kassym-Jomart Tokayev’s trip to DC to attend the latest C5+1 Summit since it’s already recognized Israel since 1992.

The Presidential and Foreign Ministry websites shed more light on this decision.

The first wrote that “By joining the Abraham Accords, Kazakhstan seeks to contribute to overcoming confrontation, promoting dialogue, and supporting international law based on the principles of the UN Charter.”

It added that “The decision of Kazakhstan does not affect the country’s bilateral commitments with any state and represents a natural continuation and manifestation of its multilateral diplomacy aimed at promoting peace and security.”

The second echoed this message: “This important decision was made solely in the interests of Kazakhstan and is fully consistent with the nature of republic’s balanced, constructive, and peaceful foreign policy.”

Their statement then concluded as follows: “Joining the Abraham Accords will contribute to strengthening our country’s cooperation with all interested states and, therefore, is fully in line with Kazakhstan’s strategic goals. Kazakhstan will continue to firmly advocate for a just, comprehensive, and sustainable settlement of the Middle East conflict based on international law, relevant UN resolutions, and the principle of ‘two states for two peoples.’”

Accordingly, the official explanation is that this purely symbolic move was meant to signal support for a “two-state solution” and bolster Kazakhstan’s multi-alignment policy, but there’s actually more to it. This was indisputably intended to appeal to Trump, thus raising Tokayev’s profile in his eyes, and coincided with the raft of deals that they agreed to. This importantly includes a MoU on critical minerals that was assessed here as putting pressure, unintended by Kazakhstan but deliberate by the US, on Russia.

The above preceded Tokayev’s trip to Moscow to meet with Putin, the purpose of which was to reassure Russia that Kazakhstan isn’t siding with the US against it, but it’s now clear that Kazakhstan is more actively relying on the US for balancing Russia. It’s this trend, which isn’t new but is now taking on a qualitatively different form due to how the new TRIPP Corridor is expected to intensify US-Kazakh ties and Tokayev doing a personal favor for Trump by joining the Abraham Accords, that’s most newsworthy.

It was earlier warned that “The West Is Posing New Challenges To Russia Along Its Entire Southern Periphery”, which Russia is aware of as proven by Foreign Minister Sergey Lavrov’s recent remarks to this effect, and that “A US Think Tank Considers Kazakhstan To Be A Key Player For Containing Russia”. Nevertheless, Kazakhstan is still a member of the Russian-led CSTO military bloc and the EAEU economic one, but it’s understandable if Putin might soon begin to wonder about Tokayev’s long-term intentions.

Azerbaijan just announced that its armed forces now conform with NATO standards, and if Kazakhstan one day tries to follow suit, then Russia’s threat assessment would spike. Tokayev hasn’t signaled any such plans, but by doing a personal favor for Trump by joining the Abraham Accords, he likely expects him and the US to have his back if he ever decides to do so and this leads to a crisis with Russia. Therein lies the real significance of what he just did, which lends credence to concerns about his intentions.

Tyler Durden Mon, 11/24/2025 - 02:00

Taiwan Minister Says 'Consensus' Reached With US To Shield Chips From Tariffs

Authored by Aldgra Fredly via The Epoch Times (emphasis ours),

Taiwanese National Science and Technology Council Minister Wu Cheng-wen said that Taiwan and the United States have reached a “consensus” to keep tariffs off Taipei’s semiconductor industry.

The Taiwan Semiconductor Manufacturing Company Ltd. headquarters in Hsinchu, Taiwan, on Oct. 20, 2021. AP Photo/Chiang Ying-ying, File

In a Financial Times interview published on Nov. 20, Wu said that Taiwan will support the United States in building its chip industry, and in return, the United States will offer tariff relief for the island’s semiconductor sector.

“Of course, there’s the recipes of how to make the chips, but it’s also about the science park management, attracting companies, integrating academic research with industry,” Wu told the news outlet. “No other country has done what we have done.”

Wu did not provide details about the consensus that was reached.

Taiwanese Economic Minister Kung Ming-hsin told reporters on Nov. 22 that Taiwan has not finalized any trade agreement with the United States yet, but he noted that Taiwan’s negotiators are “working hard on it,” local media reported.

Taiwan hopes to secure a deal with the Trump administration that would ease the current 20 percent U.S. tariffs on its exports. U.S. President Donald Trump in August threatened tariffs of up to 300 percent on chip imports.

Wu said that Washington is unlikely to impose such high tariffs on Taiwan’s semiconductors because the administration understands that “punishing Taiwan is not in their interests.”

Taiwan’s dominant role in global chip manufacturing, led by chipmaker Taiwan Semiconductor Manufacturing Co., has been labeled as a deterrent against the Chinese regime’s military aggression, a concept known as the “silicon shield.”

Wu said in the interview that Taiwan was looking to create a “second silicon shield” in areas such as drones, robotics, and medical technology to diversify its strategic assets beyond chips.

However, Wu noted that Taiwan intends to keep its cutting-edge research and development within the island, citing potential security concerns if the sector were relocated overseas.

“If we move our [research and development] overseas, it’ll be dangerous for us,” he said. “New weapons and defense systems rely on advanced chips.”

The White House has not publicly commented on Wu’s remarks.

U.S. Commerce Secretary Howard Lutnick told NewsNation on Sept. 27 that the two sides have discussed producing equal shares of the semiconductor chips required to meet U.S. demand.

Washington wants Taiwan to move half of its semiconductor production to the United States, Lutnick said. Ultimately, the goal is for the United States to capture at least 40 percent of the semiconductor market, which would require $500 billion in domestic investment, he said.

“That has been the conversation we had with Taiwan, [telling them] that ‘you have to understand it’s vital for you to have us produce 50 percent,’” he said.

In response to Lutnick’s comments, the Office of Trade Negotiations of Taiwan’s Executive Yuan, the highest administrative organ in Taiwan, said that it would exercise prudence in trade negotiations with the United States, according to Taiwanese media outlets.

Frank Fang contributed to this report.

Tyler Durden Sun, 11/23/2025 - 23:55

Hamas Threatens 'Ceasefire Is Over' Amid Rising Israeli Airstrikes

Hamas is threatening the collapse the US-backed ceasefire after a series of Israeli airstrikes and a rising death toll in Gaza over much of the past week. However, Israel's military in fresh Sunday statements has said it is Hamas terrorists repeatedly violating the truce.

"The agreement is over and [Hamas] is ready to fight," Hamas sources have been cited in regional outlets as saying. Hamas has reportedly communicated its stance to US Middle East envoy Steve Witkoff, that it is ready to end the ceasefire.

Via Reuters

But Israeli media in follow-up stated, "Hamas later that evening stated that Israeli reports that it had told Witkoff that the ceasefire was over were not true. Senior Hamas official Mousa Abu Marzook also confirmed to the Qatari outlet Al Jazeera Mubasher that the terror group had not ended the ceasefire."

The ceasefire is clearly as fragile as it has ever been since taking effect on October 10:

An American source told Walla that "Hamas has not given up yet, but has made it clear that it will not be able to accept any more Israeli attacks. Gaza will not be Lebanon for them, and I hope we can contain the situation." —Jerusalem Post

Israel's military has accused terrorists of breaching the so-called Yellow Line which demarcates a truce 'do not cross' zone; but meanwhile Hamas has asserted Israeli occupation is committing a flagrant breach by steadily moving the 'Yellow Line' westward.

Gaza officials have said that the significant and rising death toll since the ceasefire took effect shows it is Israel doing the violating:

Israel has violated the United States-brokered Gaza ceasefire at least 497 times in 44 days, killing hundreds of Palestinians since the ceasefire came into effect on 10 October, according to the Gaza Government Media Office.

Some 342 civilians have been killed in the attacks, with children, women and the elderly accounting for the majority of the victims.

But Israeli officials and media have rejected this narrative, and have instead said that "On Saturday, a Palestinian gunman crossed the ceasefire line and opened fire on Israeli troops in Gaza’s south, leading to IDF strikes in the Strip."

Gaza right now, ceasefire is a lie! #GazaUnderAttack pic.twitter.com/DWftLhe1a9

— Ahmed El-Madhoun (@madhoun95) November 22, 2025

Saturday alone saw some 24 Palestinians killed in a series of renewed Israeli airstrikes across the Strip. Washington has urged restraint and for both sides to observe the ceasefire, but Trump officials have also conceded that Israel has the right to act in specific instances where its troops in Gaza come under attack.

Tyler Durden Sun, 11/23/2025 - 22:45

Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.

We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











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The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.