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As the ripples of contagion from the collapse of Silicon Valley Bank and Signature Bank spread out, one European bank is particularly vulnerable. And despite losing over 95% of its market value since 2008, it is still too big to fail.
The U.S. does not want to experience what Britain experienced in Suez in 1956: a watershed moment signaling its global decline.
The post Saudi-Iran Deal a Possible US ‘Suez Moment’ appeared first on scheerpost.com.
After seeing firsthand how the juvenile justice system affected their relatives, advocates are pushing for alternatives to youth incarceration and working to raise awareness.Growing up, Tamia Cenance could not fully understand the reason behind her father’s absence from her life. His contact with the juvenile legal system at a young age had sparked a cycle of incarceration spanning from adolescence into his adult years — something she would realize as she got older.
Now 17, Cenance wanted to advocate for incarcerated youth after becoming aware of the juvenile legal system’s long-term effects on the trajectory of her father’s life. She became a leader with Black Girls Rising (BGR), working alongside other girls and young women in Louisiana to end youth incarceration. While they advocate for incarcerated young people broadly, they have an emphasis on young Black women and girls in detention.
Mainstream economics is at its core in the story-telling business whereby economic theorists create make-believe analogue models of the target system – usually conceived as the real economic system. This modelling activity is considered useful and essential. Since fully-fledged experiments on a societal scale as a rule are prohibitively expensive, ethically indefensible or unmanageable, economic […]

- by Aeon Video

- by Joshua Coleman

- by Samantha Lapka & Franki Kung
The Bureau of Prisons proposal would automatically deduct three quarters of money sent to prisoners—today is the last day to submit a public comment opposing this measure.
The post New Federal Proposal Could Seize 75% of Commissary Funds Sent to Prisoners appeared first on scheerpost.com.
Peeling back more layers of the SVB implosion and its broader implications.
One American intelligence expert urged the U.S. to maintain friendly relations with "barbarous, but long-standing allies" in the Middle East lest China fill the vacuum.
Former Labour MP Ian Lucas explores what Keir Starmer can learn from the three most historic Labour victories in modern British politics
Sure, you've seen the videos of January 6. But...have you?
Settle in for a White House sophistry briefing.
I remember reading at some impressionable age that there was “no such thing as writer’s block”. I don’t recall the context, but I’m guessing it was the same as my friends who said “there’s no such thing as jetlag”: a small crucifix to wield at the devil itself, rather than a statement of fact. I […]
"They'll get $300 billion, we'll save $68 billion"
A growing body of evidence suggests that the US would blow up the global economy to prevent China from laying claim to Taiwan’s semiconductor factories. Former White House National Security Advisor Robert C. O’Brien has hinted at a sinister US contingency plan in the event of a Chinese invasion of Taiwan. Rather than see Taiwan’s semiconductor factories fall into the hands of the Communist Party of China, the US and its allies would simply pull a Nordstream. “The United States […]
The post Former US natsec advisor: destroy Taiwan semiconductor factories if China invades appeared first on The Grayzone.
I’m just going to put this here for you to ponder this evening as you pound several shots of tequila: Cheers.