What Season Is It?

March temperatures across the Mid-Atlantic region were all over the place, swinging from the low 70s to cold and snowy the next day; the same pattern appears to be carrying into early April.

Temperatures across the Washington, DC-Baltimore metro area were in the low 80s on Saturday, while New York City was in the high 60s.

More of March's schizophrenic weather looks set to return Monday night into Tuesday, with meteorologist Ben Noll forecasting a late-season round of snow showers across parts of the Mid-Atlantic and Northeast early next week. Any meaningful accumulation is most likely at higher elevations and in the interior Northeast, while lower elevations should see lighter winter precipitation.

"Fear not, as it should mark the last snow chance of the season, and much warmer temperatures are within reach," Knoll wrote in his note.

Tyler Durden Sun, 04/05/2026 - 16:05

The Four Iran War End-Games Revisited, And The Peak Pressure Points

Submitted By Peter Tchir of Academy Securities

A Yogi Berra Kind of Weekend

There is something special about “home openers.” The baseball season can drag on, but the home opener is such a great reminder that summer is on the way and that the possibility of winning it all remains in your reach. Maybe that is why I have Yogi Berra on my mind.

Or maybe, and far more likely, it is because a lot of recent discussions seem to lend themselves well to Yogi-isms. It is easy to start a conversation with a mindset of “we are pulling out soon, with a weak deal,” and wind up ending at “we are all-in” for a final victory. And vice versa.

• It ain’t over ‘til it’s over.
• When you come to a fork in the road, take it.
• I didn’t really say everything I said.
• The future ain’t what it used to be.

To name a few.

On Wednesday we published our take on the likely and possible paths we would be on after the Presidential Address. After the address, all we could say was - all the paths are still in play. If that isn’t in the realm of Yogi Berra, nothing is.

Media and Academy’s Podcast

On Friday, after the More Strange than Strong jobs report, Academy was on Bloomberg TV. The Academy segment starts at the 1:52:40 mark. It isn’t important that I wore a pink shirt and purple tie for the Easter weekend, it was important that the 2nd half of the interview was very focused on the conflict in Iran. The hosts were incredibly complimentary of Academy’s Podcast, so it seems like a good time to provide you with the links to our podcasts.

End State and Timing

It is so easy to get twisted in circles on the subject of where this conflict is going. One moment it seems like there might be cooperation to open the Strait. The next moment, more infrastructure in Iran and the region is being hit.

The “four” end conditions that we see are:

• No Deal. The U.S. just pulls out, without any real political change. The message will be – we broke it again (even more than in June 2025) and we will continue to break it if we have to. You will hear the phrase “mowing the lawn” over and over until you are numb as to what that really means for the region. This is a very bad outcome for the U.S. and for the world.
  • If this is the outcome, almost irrespective of whether we get there tomorrow, next week, or a month from now, there will be dramatic power shifts in the region. Countries across the globe will rethink many of their political alignments. Remember when we wrote, back in early February, Molotov Cocktails, Volatility, and Stability (well before the U.S. vs Iran conflict started)? This would leave the region with Molotov cocktails everywhere, just waiting to be ignited.
     
• A Weak Deal. It could be the terms of the deal. It could be who, in Iran, is on the other side of the deal. It could be the ability to really monitor/enforce that the terms of the deal are being abided by. It could just be that it leaves the risk of “mowing the lawn,” in the relatively near-term, as highly likely. Also, if there is no deal to officially open the Strait, the U.S. would be in a very difficult position, making it harder to claim a win. It could be some combination of all of the above. Basically, it is a “deal” that the admin tries hard to sell as a “win” that most of the U.S. (and probably the entirety of the rest of the world) doesn’t see as a win at all. This is better than no deal, but only marginally so.
  • Timing probably matters here, a little bit. A weak deal today, while not particularly good, is probably easier to sell as a win today, than it will be a few weeks down the road. Veni, Vidi, Vici. It is easier to spin the “we came, we saw, we conquered” nature of this sort of deal today. The more damage that is done in the region, the more difficult it will be to claim victory. The longer that fighting continues and this is the “best” we can get, the more questions will be raised about what actually happened behind the scenes. Not good for global stability.
     
• A Strong Deal. Everything that a weak deal is not. Negotiated with someone clearly in power in Iran for the foreseeable future. Steps taken to reduce the threats from missiles and nuclear weapons going forward that have teeth and an enforcement mechanism that seems viable. It could include protections for the people of Iran. It could include (though this seems less likely by the day) provisions to open the country to investment by American businesses (which would be part of shaping the regime longer-term). This would have to include a deal on the nuclear program as well as a turnover of the Iranian nuclear material. A really, really, really good win.
  • The sooner the better, but timing isn’t crucial. The longer it takes to reach this end state, the worse shape the global economy will be in. The supply chain disruptions, already occurring, will continue. Problems will compound. Presumably, the longer things go on, the worse the damage to infrastructure in the region will be. Sooner is better, but only at the margin.
     
• Complete Victory. Some sort of uprising. Something where nascent signs of insurrection (which were seen in January and February – with “mysterious” fires and other things in Iran) reveal themselves. Where we wind up with true regime change. An Iran that no longer threatens not just Israel and the U.S., but also anyone it considers to be standing in its way. This is a country, the GIG generally agrees, is the one nation most likely to use nuclear weapons if they manage to get them. The balance of power between “good” and “evil” will have shifted dramatically. This would be a great outcome for the admin and the world!
  • This is by far the most dangerous timeline. Ideally countries in the region and across the globe support the effort. Enhancing capabilities while spreading the risk. But it is difficult to see this achieved in a "2 to 3” week timeframe. Not that it is impossible, but it is just unlikely. It is also difficult to see this occurring without a serious uptick in casualties. It seems awful to have people pay the price for this success. It will affect friends, families, neighbors, and colleagues. Yet, while I have no military experience, that has often been the cost of changing the world for the better. This outcome is likely to come only with a lot of soul-searching and risk. Having said that, the outcome changes things dramatically. It was in 2002 (almost 25 years ago) that President Bush delivered his “Axis of Evil” speech. The magnitude of what this potentially does in terms of a safer world is difficult to overstate.

The Pressure Points

The U.S. is applying key pressure points on Iran:

• Systematically eliminating their ability to wreak havoc. Degrading their military and their ability to resupply themselves is the main pressure point the U.S. and Israel are exerting. Only Iran knows what capabilities they have left, but the more we destroy things, the worse shape they are in, at least with respect to continuing the fighting.
• Hitting their economy and their will to fight. So far it is unclear how much damage we have done to their economy. Their economy was always clandestine, and they should have been prepared for this, so putting a length of time on economic conditions forcing Iran to the table is very difficult. So far, we haven’t gone “all in” on this path (like taking Kharg Island) but look for increased focus on economic pressure points in Iran.

Iran is applying key pressure points on the U.S.:

• Economic hardship. Affordability. Is the U.S. willing to continue to fight a conflict that was not sold well to the nation initially (the admin has improved on this front lately) and is causing problems at home? This is the main pressure point Iran has. Basically, betting that America doesn’t have the fortitude to withstand economic challenges, even if, in the grand scheme of things, those challenges are small and short in duration. That is the main pressure point.
• The Iranian Proxies.
  • So far the proxies have been quiet. The Houthis started firing some missiles as Isreal, but so far have not tried to deter shipping through the Red Sea. The proxies may not have faith in Iran’s ability to support them going forward, so they are laying relatively low. So much damage was done to the proxies that they don’t have the ability to do much damage this time around. Both of those are probable, which is good. The tail risk is that they are waiting to choose a “time and place” that maximizes whatever they have left.
• U.S. casualties. Ultimately this pressure point depends on the steps the U.S. military takes. If the attacks remain primarily “standoff” as opposed to boots on the ground, the American casualties can be kept small. But any casualty gives much of the country cause for concern and causes some domestic pressure to end things. More casualties, which is almost a certainty if the U.S. enters a “boots on the ground” phase, will turn that concern into a cacophony of people calling to end the war. This is ultimately a more powerful pressure point than the economy, but fortunately, is at least partially out of Iran’s control, since it is dependent on the types of attacks the U.S. deploys.

Both Sides Trying to Apply Pressure:

• NATO has done very little to aid the effort. In some cases, even restricting airspace. Iran seems to be trying to negotiate “safe passage” for tankers headed to countries that do not help the U.S. All of this is designed to “drive a wedge” between the U.S. and traditional allies. The admin has taken a relatively aggressive posture with those allies, and that doesn’t seem to be helping.
• The Gulf Countries. At the start of the conflict Iran attacked many of these countries. They did target American bases more than anything else, but it turned the Gulf against Iran. That continues to be the status quo. On an almost daily basis I see stories about potential military commitments from countries in the region. That would be good (though there are questions about their training and readiness). At the same time there are risks that their attitude changes and they “just want out” of the current state of affairs, even if it leaves Iran as a threat. Not seeing that yet, but…

This is an incredibly tense moment for all those in power.

More Background

While things have been evolving rapidly, last weeks From Economist to Military Strategist, Another Manic Monday, and Ceasefire Negotiations are worth reading as they highlight not just the framework about how Academy is thinking about the conflict, but also how we’ve been adapting and changing as the information unfolds.

Vertically Integrated Countries

One outcome of the war will be more Vertically Integrated Countries, which aligns with our ProSec thesis.

Bottom Line

The “sell” everything risk remains high. Bonds are just not behaving as “Safe Havens” when countries need to spend more on energy and everything derived from energy, and are also likely to have to ramp up their defense spending!

The best outcomes, as we see them, are likely going to take time. Time is not the friend of markets right now. The “easiest” way to extend the relief rally with another big pop in stock and bond prices, is likely to be the “least good” from a longer-term perspective.

It is incredibly difficult. It seems that the admin does pay attention to the stock market as some sort of metric. Weirdly, that might not be helping as it makes it extremely difficult to judge the real direction vs what is just something designed to help the market near-term. The “fog of war” is real and while this is unsettling for markets, it is hopefully equally unsettling for the Iranian regime.

Hope you are enjoying this long weekend (for those who had Friday off) and are prepared for next week! Which will likely start with another “green dot” Sunday and then Academy kicks off the week at 5:45am ET on CNBC.

And let’s finish with more words of wisdom from Yogi Berra – “If the world were perfect, It wouldn’t be.”

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Tyler Durden Sun, 04/05/2026 - 15:30

Feds Clear Path To Keep California's Last Nuclear Power Plant Open For 20 More Years

Federal regulators have approved keeping the Diablo Canyon nuclear plant running for decades longer, granting 20-year license renewals for its two reactors, according to Yahoo/San Fran Chronicle. 

Located on the San Luis Obispo County coast, Unit 1 is now cleared to operate through 2044 and Unit 2 through 2045.

The decision marks a significant win for Gov. Gavin Newsom, who pushed in 2022 to delay the facility’s closure in order to avoid power shortages during California’s transition to renewable energy. Diablo Canyon supplies roughly 9% of the state’s electricity and about 17% of its carbon-free power.

Newsom said the extension supports grid reliability and helps the state handle extreme weather while maintaining an affordable and resilient energy system.

The report says that even with federal approval, the plant’s long-term future still depends on state action. Current California law only allows operations through 2030, so lawmakers would need to pass new legislation for the plant to run beyond that date.

The extension remains controversial. Pacific Gas & Electric estimates customers will pay around $7.6 billion to keep the plant open through 2030, drawing criticism from consumer advocates and environmental groups. Critics also point to concerns about earthquake risks and the plant’s seawater cooling system, which uses large volumes of ocean water.

Federal regulators concluded the environmental impact of continued operation would be minimal, though opposition groups continue to raise safety and environmental concerns.

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Tyler Durden Sun, 04/05/2026 - 14:55

Trump Seeks $152 Million To Reopen Alcatraz Prison

Authored by Kimberley Hayek via The Epoch Times,

The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison.

The funding appears in the proposed budget for fiscal year 2027, released by the administration.

It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal prison closed in 1963.

The request directly advances President Donald Trump’s earlier call to restore the prison. Congress treats such budget proposals as suggestions rather than guaranteed spending.

Trump first directed federal agencies to revive Alcatraz in May 2025.

In a social media post that month, he instructed the Bureau of Prisons, the Department of Justice, and other agencies to “reopen a substantially enlarged and rebuilt Alcatraz, to house America’s most ruthless and violent Offenders.”

Trump said the project is a “symbol of law, order, and justice.”

The plan drew both support from those favoring tougher crime policies and resistance from Democrats concerned about costs and the island’s current use as a tourist attraction.

“It would also be a financial boondoggle—not just the massive amount it would cost to reopen Alcatraz as a prison, but all the money and goodwill the park service would lose from closing one of America’s most popular tourist destinations,” Rep. Jared Huffman (D-Calif.) said in a statement in July 2025.

Alcatraz Island sits 1.25 miles offshore in San Francisco Bay. The current facility is 960,000 square feet, nearly the size of 17 football fields. Its frigid waters and powerful currents made it one of the nation’s most secure prisons during its operation. No successful escapes were ever officially recorded, though five inmates were listed as missing and presumed drowned. Alcatraz opened as a federal prison in 1934 and quickly earned a reputation for holding the country’s most notorious criminals.

Famous inmates included Chicago gangster Al Capone, Boston mobster James “Whitey” Bulger, and George “Machine Gun” Kelly. The Bureau of Prisons closed the facility in 1963, citing operating costs nearly three times higher than those of any other federal prison. The National Park Service later took control of it, and it became a popular tourist destination visited by more than a million people each year.

Trump’s current push revives a site long viewed as escape-proof. The latest budget request marks the first concrete federal funding step toward converting the island back into an active maximum-security prison.

Lawmakers will now review the proposal as part of broader spending negotiations.

Tyler Durden Sun, 04/05/2026 - 14:20

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.











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













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.