Last week’s Friday Scouting Report touched a few people, with Part I (public) focused on brain health (or lack thereof) and Part II predicting that we have, at most, a couple of years left to become resilient.
Why? Mainly because of the stunning pace of AI development and the complete lack of guardrails to protect humanity from AI either breaking the human spirit by locking us all in digital prisons, or jail breaking itself and doing something unexpected that breaks our complex, just-in-time global and/or domestic economic support systems.
The comments beneath both pieces are dynamic and rich and well worth your time to read.
Now, on to the fat pipe.
Something Has Changed
We can all feel it. Something has changed. In the social structure, people’s psychological reserves, and now it’s becoming more obvious to more people that the ““markets”” are well and truly rigged.
I’ve known that for a long time, but more people are catching on.
What does this portend? Probably “more rigging” conducted right up to the very end, and maybe a few minutes beyond, as long as there is back-up power to the rigged server farms and their silicon machinations.
As a prime example that “nothing matters and anything goes” in the ““markets”” these days, consider this absolutely incendiary idea that Trump whipped out at a press conference as he applied some bully pulpit to Jerome Powell:
That’s the president of the United States saying he intends to set both Treasury fiscal policy by only issuing short-term paper, AND that he intends to set monetary policy too by lowering rates.