In April, 10-yr bond yields jumped from 3.6% to 4.8%. It was the start of a bank run on the US Treasury. If Bessent hadn't talked that idiot down off tariffs—Dollargeddon, 25% unemployment, 50% currency devaluation. And it would gave gone global too. THAT was fucking terrifying.

I get the joke, yet it's fascinating how indifferent we are to those who seize power like Maduro. Neither the US, nor the EU, nor *ahem* Canada recognized Maduro as the elected leader of Venezuela. And yet, no one wanted to do anything about it except the guy stealing the oil. Fucked world.

In the US the Great Depression saw unemployment hit 25 percent, wages falling about 40 percent. The resulting New Deal was pretty revolutionary. Still, kind of a Monkey Paw sitch, careful what you wish for thing.

People haven't changed, but he internet has meant the democratization of irrationality and the law of large numbers unleashed.

The question was whether Democrats would allow SNAP benefits (food aid) to be denied to 40 million Americans. Trump was doing that and it appeared the Supreme Court wasn’t going to stop him. What were the Democrats to do in the face of that kind of cruelty?

10/10 would read every word

Well, a non-zero number of people like him, not many as a percentage, but more people voted for Trump without liking him than Harris, and if the election were rerun today he'd probably win again. That's the problem

And when all actors are AI the Academy will eventually need an honorary award for the also-rans, maybe the Chuck E. Cheese lifetime achievement award?

Also, no one's been watching for a while. The structural erosion of broadcast television as a medium over the past 20 years is driving ratings decline. Fallon might as well go down in glorious flames because late night television is doomed, soon to be replaced by AI George Foreman selling grills.