Debt Rattle October 8a 2025

It’s a thought.

Gold $4,000 plus. Rising fast. Silver is not, remaining at 100:1

This all seems to say war, which is no surprise. Heard…Duran?…that they are doing the “handoff” to Ukr Europe 2027. So we could in theory attack China? I think this is about this previous 50 year Plan, while right now huge forces are trying to derail and divert all “Plans”. So Trump may be leaving the war, but to EXPLAIN it, he told Europe “Hey we’z about to attack China for you, so we out” when really it’s obvious we’re not doing that, and eventually dropped the pretense. Same with NATO. We claim we’re on the Plan, but looking it’s clear Europe is and we’re not. …Right now. Swap a few heads of state and they can get it back…and intend to. Note Nutsy trying to get Trump to split over Israel, AND now lose a major war in Iran to become lame duck.

But all of these say Europe doesn’t have a reverse gear, Duran says constantly. NeoCOns don’t. So despite EVERY statement they will lose, have lost, they can’t not do it anyway. Therefore Gold. But therefore capital flows to the U.S.

However, we – THEY – are also creating an unstoppable AI Nvidia bubble to pop and drop on us. And Europe also owns all our bonds. We said for decades, “What if China sells all our bonds?? Whaaaaaah!!!!” And I did too. But also then what if EUROPE decides to f—k us in the very same way? It seems like they’re doing it entirely to add stability and value in their collapse but that’s not a given.

“Watch: Journalist Locates Portland Antifa Founder Hiding In Sweden

Well, it’s the bombing and hand grenade capital of the world, so I guess you should look there first.

“California County Reinstates Mask Mandate In Certain Health Care Facilities
The order comes as COVID-19 levels have continued to fall in recent days,

Strangely masks only work against this ONEEEEEE disease and nothing else. …As long as you don’t look at any of the data.

General Flynn might ask his buddies to do that. It’s his people in power right now. Yes?

“Boy if only we were elected to Congress, we might do something!”

…Said AOC. As a Congresswoman. But also all our guys, right now. Both sides. “Boy if only we could get Kash Patel and Dan Bongino into the FBI wouldn’t that be somethin’?”

“• Hamas, Israelis Meet In Egypt To Hash Out Trump Peace Plan (ZH)

What? They’re actually talking and discussing this as if it’s real? Okay then, I’ll recalibrate.

“• Biden Provoked Ukraine War To Cover Up Corruption – Putin Aide (RT)

Not exactly true. But people need stories they can slip into.

“A New Biden Scandal Just Blew Wide Open (Margolis)

This may be in the full article, but didn’t Obama task Biden with Ukraine, they way biden made Kamala Border Czar? And that was bc Barry knew he’d be in there corrupting by multi-billions and needed cover for him, and possibly even to get some cookie crumbs out of him for the DNC party if they beat him hard enough. As well as run those Covid bioweapon labs.

Anyway, so the reason Ukr and Poroshenko may have been upset is, THIS is the Boss, the Man they’re supposed to liase with. And all he does is corruption. Well s—t Ukr already KNOWS corruption! They don’t need any help with that! They need the U.S. to corrupt and bribe THEM, not the other way ‘round!

So Biden goes down to every agency, the CIA, FBI director who had the laptop and said “Hey, be corrupt as h—l for me will ya?” And every one of them, every single employee, from State, Justice, Congress, every media, General, NIH, CDC, all said, “Sure pal.” Corruption is our THING! It’s what we DO at all these agencies!

…Well if it weren’t. If it weren’t institutional, top to bottom, surely SOMEBODY in 30Million employees would have popped up and said something and said “No”, right?

Nope. Took a district manager at the Nerd Squad to stop the President instead. ANY single Cleetus in all America is more honorable than EVERY government employee combined.

So that’s the CIA for ya.

“Irony of his complaint was lost on no one, except, apparently, Pritzker and his allies. It raises the question: How did he think he could get away with this?”

Same as “Plan A”. When the Plan doesn’t work, the factors that would put it into play never happened, just lie and pretend it did. Simple. Remember: Reality is only in your mind. YOU, the narcissist, are Reality. Reality is just something we make up each day to suit ourselves. There is no God, no objective facts.

So we see this in Ukraine, or in Jan6, or so on. That Democratic violence is like 100x Republican violence. And I don’t mean mass shootings although I think we’re 40:1 ratio on that. I mean EVERY Blue city is more violent than EVERY Red county. And everybody knows it. That’s inescapable that the BLUE people are wildly, incredibly violent. …And passionately uncharitable, un-Socialist, un-Solidarity in the deepest possible way, that is, right to death. Yet it’s reported the OPPOSITE every day since they first existed in 1900 or whatever here. “There IS no crime in Chicago at all ackshully” Pritzker says. No guns and not a single gang.

Priztker obviously just does what he learned to do, what he’s always done, and what Chicago and Illinois have done and worked for 100+ years: Kill Black people. Blame it on Republicans. Who are nowhere in their City at all, and the sea of Red outside of Chicago begs them not to.

Remember Jussie Smollet? Same plan. Worked pretty great. He was caught but most of the country still believes the attack was mostly real and there are roving gangs of Trump/Vance hoodlums raping Handmaids and causing all the problems on the Miracle Mile. It worked, why stop?

It’s still working. All these things come out and just as Congressman says, ALL thousands and thousands of anti-democratic felonies, yawn, no one cares. In the PUBLIC. The PUBLIC doesn’t care. That’s us. Because “It’s all part of the PLANNNNN!” — The Joker. “Gangbanger, soldier gets shot, it’s all part of the PLANNNNN!” Republicans have to be 5x as clean, only Rightists are arrested, investigated, attacked, deplatformed, shot in public? That’s “The PLANNNNN”. It’s Dog bites Man. We know: NOT NEWS.

Nothing revealed right now is news at all. They could say Clinton raped babies in the white House — and have – and no reaction at all. It’s all “The Norm.” We know. Somehow Republicans can’t get their minds over this hurdle.

Running non-stop FBI entrapment of every GOP Congressman, General, etc? All normal. You could report it until the sun burns out no one would have outrage because that’s NORMAL. Outrage, the emotion, is short-lived and is in contrast to “Things are not how they SHOULD be.” But murdering Republicans in public IS how things “Should Be.” It’s how things have always been. …As every Black-piller here says daily.

I’m not up to HOW you fix that, that’s not my job. There IS a way. I’d say make it happen by ARRESTING SOMEONE, but as you can see, Trump and this side only does what YOU order him to. He only goes in Chicago and Portland when the people protest IN FAVOR of the National Guard. And in a democracy, perhaps that is just. But I know there’s a way to break the psychological ice.

Which is what the Black-Pillers here are NOT doing. He says he’ll arrest them if only get a critical mass and make him, but all the Black-Piller cool kidz say “Nah bro, that’s not edgy and dark. I’m cool. If you arrest them, I’d be wrong, and who wants that? Status quo of baby-raping for me!” Then they don’t have to get a job. Like become FBI director, go on the talk circuit, whatever is is, you can stay on the couch covered in cheetos.

USSR built dismal concrete flats. The USSR did do that. And really did pull Russia from an ante-medieval state to trying to have “modern” things for all, and equally. Un-Equal was a problem under the previous system. But turned out was also a problem under the Soviet system, and remains a problem of oligarchs now.

China is the same: I believe never have more people been pulled out of poverty in history of the solar system, and not like cute, nice Lakota Tribe poverty, but like serious, grinding, breaking famine-every-generation poverty. True. All good.

However, Capitalism ALSO does this. Capitalism pollutes, well The Soviet and China ALSO did that. And possibly worse. They ruined rice fields, had crazy income disparity? Capitalism ALSO did that. It was oppressive, with Pinkerton cops of the CCP coming down on 200k protests a month, disappearing people? Yeah they BOTH did that. Or still do.

So it’s a great point and a great question, but “Compared to what?” Stalin DID help those millions. …And also killed millions on purpose, at the same time. America may be a bad example, being fresh land, but we helped millions…and only I dunno, killed half a millions to do the same thing, with 30% less environmental death. See the difference? And why it may be somewhat hard to calculate.

And again agree with Aspnaz4 as it’s all about humans, corruption, etc, not names. That’s why it’s also about every single day I say “That’s not Capitalism”, “Real Capitalism has never been tried”. For some reason think they’re dunking me when they cut-paste my own words. Where China is probably more capitalist than we are, although we’re both hovering between 41%-59% and you can make a good case for either. In any case, we’re so close the being the same the only difference is the direction we try to pull in, or what the people allow to be installed. It matters, yes, but we’re nothing like opposites, it’s more like Britain and France 18th 19thc . THEY think they’re opposites or enemies, in the big scheme they’re more similar than different.

So from Aspnaz again, IF it’s the government doing all this, from the top, with billionaires, THEN we shut off the government control and money-spigot so they can’t drink Cantillion from the fire-hose, yes? And that is not Right-Left, but the AMERICAN system, of Liberty and highly limited government.

Not that I don’t want to engage with Caffeinated, but I don’t know what I can add here. How can there be missiles at all? How can they exist without sound? What goes up must come down, yes?

We saw this everywhere in Ukr as all Patriots miss? Of course they will sometimes! …And land on the city they’re protecting. Blame Russia. Is there not a better thought to this? The manufacturers seem to be like, “Save Lives?” Like the hamburger ad meme. You can’t practice with missiles because like, ….where? In an army base the size of Switzerland? Give me something solid here. And why? Training NATO on Tomahawks?

The Name was Nicole Foss.

i imagine the lakota thought themselves quite wealthy until everything was taken away..

@ Dr. D

Au/Ag – 82

https://www.bullionbypost.co.uk/price-ratio/gold-silver-ratio-chart/

Oh yes, it’s rising fast alright!

https://www.bullionbypost.co.uk/silver-price/5-year-silver-price/

Optimus, when nobody is looking, is practicing in front of the mirror “waving good-bye” to humanity.

@ Dr. D …

Capiche

The empire

James Li.

Russian Offensive Accelerates Battle For Pokrovskaya Mine Begins Military Summary For 2025.10.08

—————

How long will it take after the retail sale of Optimus Robots to the general public for customers to start using them to commit crimes? If I was a bank robber, stick-up artist or hit man it wouldn’t take long for me to figure out that having a cheap robot take the risks for me would be a much safer and cost effective way for me to reduce my time on the job and maximize my time luxuriating on the beach in some non-extradition country. Elon should release a special model that was “Optimized” for that purpose and call it “Robo Crim”.
A possible upside is that once the robots are doing EVERYTHING for us then maybe the oligarchs, elites and politicians would have less reason to even care about the rest of us IN ANY AND EVERY WAY AT ALL, and just leave us the fuck alone.

The Feminist Fascists

FAFO

no time today!

of course the lakota were jerks; they’re humans, after all.

but, they were probably cool with there shit until..

anyhoo, ¿were they commies?

“Adults” exploiting their own children for kulture war brownie points

Social Credit Score Glitch

OMG I dont know how long I can listen to these normies. Even out of the corner of my ear.

@topcat. yes.

​ But of course… Ukrainian Intelligence Says China Helping Russia Target Western-Funded Facilities In Ukraine
Specifically he said China is providing foreign intelligence to target those sites in Ukraine which benefit from foreign investment, meaning Western-backed and funded facilities, likely such as weapons production sites.​ https://www.zerohedge.com/geopolitical/ukrainian-intelligence-says-china-helping-russia-target-western-funded-facilities

Head-fake? Can we even hope? Momentum From Trump-Putin Talks In Alaska Has Run Out: Kremlin
​ Deputy Foreign Minister Sergey Ryabkov has stated bluntly that this momentum has now run out. His fresh words indicated Moscow’s point of view that positive advancement toward peace and good-will was “largely exhausted”.
​ According to Ryabkov, the “strong drive” to reach a resolution to the Ukraine conflict was undermined by Russia’s adversaries especially in Europe, which are currently “pushing for a war to the last Ukrainian.”​ https://www.zerohedge.com/geopolitical/positive-momentum-trump-putin-talks-alaska-has-run-out-kremlin

​ Trump Calls Off Diplomacy With Maduro As Secret DOJ-Approved Kill List Revealed
​ “The opinion, which was produced by the Justice Department’s Office of Legal Counsel and has not been previously reported, argues that the president is allowed to authorize deadly force against a broad range of cartels because they pose an imminent threat to Americans,” CNN reports. “The list of cartels goes beyond those the administration has publicly designated as terrorist organizations, the people familiar with the opinion said.”
​ It essentially gives the US carte blanche for an open-ended war against these groups on the secret list, which hearkens back in parallel to the Obama years of secret drone wars in the Middle East, particularly Yemen.​ https://www.zerohedge.com/geopolitical/trump-calls-diplomacy-maduro-secret-doj-approved-kill-list-revealed

​ Donald Trump has reportedly fired back at Benjamin Netanyahu after the Israeli PM said Hamas’ response to the Gaza peace plan was “nothing to celebrate” According to Axios, Trump told the Israeli PM: “I don’t know why you’re always so fu​**ing negative. This is a win. Take it.”​ https://x.com/6NewsAU/status/1974825841491386744

​ Back To Square One? Hamas, Israelis Meet In Egypt To Hash Out Trump Peace Plan​
​ Israel’s delegation also departed for Sharm El-Sheikh on Sunday night, even as Prime Minister Benjamin Netanyahu was still attempting to keep his right-wing coalition allies on board with Trump’s ambitious 20-point plan and prevent them from jumping ship and bringing down his coalition. Still, opposition leader Yair Lapid has promised Netanyahu a “safety net” to prevent his government from falling in any Knesset vote as a consequence of the prime minister advancing the deal.
​ Disapproval within Netanyahu’s coalition is not the only obstacle to reaching an agreement: Hamas has said it is prepared to release the hostages it is holding, subject to certain conditions, but is expected to make additional demands, including as regards the Israeli military’s withdrawal from the Strip and the release of Palestinian security prisoners in exchange for the hostages. https://www.zerohedge.com/geopolitical/back-square-one-hamas-israelis-meet-egypt-hash-out-trump-peace-plan

​ Report: Israel to spend over half a billion shekels turning ChatGPT into public diplomacy tool
Foreign Ministry’s $145 million global campaign enlists US firms, influencers, and AI platforms like ChatGPT to shape pro-Israel narratives online and counter growing criticism among young Americans
​ Israel’s Foreign Ministry has launched one of its most ambitious public diplomacy campaigns in the United States since the war in Gaza began, according to newly filed documents with the U.S. Department of Justice. The documents, submitted under the Foreign Agents Registration Act (FARA), reveal that Israel has contracted the U.S.-based firm Clock Tower as part of a wide-reaching effort to influence online discourse, including generative artificial intelligence systems such as ChatGPT.​ https://www.ynetnews.com/tech-and-digital/article/rj00kxqzaxx

​ They fled to south Gaza as ordered. Then Israel killed them
Forced to flee Gaza City under bombardment, two Palestinian journalists are among dozens killed while seeking safety in the south​ https://www.middleeasteye.net/news/they-fled-south-gaza-ordered-then-israel-killed-them

​ Egypt wants US troops in Gaza as part of peacekeeping mission, officials say
US shifting some military resources from Qatar to Jordan in a sign of deepening military engagement near Israel​ Senior Egyptian officials told their US counterparts that they want the International Stabilization Force outlined in Trump’s 20-point peace plan to be modelled on the Multinational Force and Observers (MFO) that deployed to Sinai after the peninsula was returned to Egypt from Israel in 1982.​ The US has led the MFO since its inception, supplying hundreds of troops as a buffer and reassurance force. https://www.middleeasteye.net/news/egypt-wants-us-troops-gaza-part-peacekeeping-mission-officials-say

(MAGA Trojan horse disgorges globalist technocratic ​masters) Building Empire on the Backs of Digital Slaves, Patrick Wood
Technocracy has always had the domination of man and mind, even from its inception in Columbia University in 1932. As technology advanced, it has been commenteered at every turn to support its stated purposes of the science of social engineering, number one,​ the abolition of private property, number two, scientific dictatorship, number three, and the capture of all resources, including people, among others.
​ For the first time in history, technocracy has been wrapped in a political ideology and a religious system as well, and now it seeks to escape the boundaries of the United States. In other words,​ the new and expanded goal of technocracy is to build empire throughout the world using AI and cryptos, blockchain technology, as weapons of mass subjugation.​
​ This presentation will examine the first nine months of the Trump administration to assess how this plan is being implemented and what to consider going forward.​..
​..This is from… The Technocrat Magazine, the official publication of Technocracy, 1937, they said, ​”Technocracy is the science of social engineering, the scientific operation of the entire social mechanism to produce and distribute goods and services to the entire population.
For the first time in human history, it’ll be done as a scientific, technical engineering problem.​” Period. End of subject.
​ “Furthermore, there will be no place for politics, politicians, finance or financiers, rackets or racketeers. Technocracy will distribute by means of certificate of distribution available to every citizen from birth to death.​”
It’s important to realize that technocracy wants to remove the political system altogether.​..
..Technocracy in 1930s made seven requirements. These are all seen in the technocracy study course. You can go find that on the internet. It’s been scanned and there’s good copies. And three of those seven requirements are as follows. Provide a continuous inventory of all production and consumption.
Requirement number four, provide a specific registration of the type, kind, et cetera, of all goods and services where produced and where used. Number five, provide specific registration of the consumption of each individual plus a record and description of the individual. These requirements have never changed in almost 100 years.​..
​..These are the people that are driving the digital state. No question about it. They’re betraying the MAGA movement and the populist movement in America. They’re guided by this philosophy called the dark enlightenment,
which we’re not going to talk about today. I won’t in any case, but their intent is to destroy America, but good.
​ So we’re just going to look now at this video of Larry Ellison telling you what he thinks should be happening in America and around the world. Let’s take a listen to this​:
​ “When you come to government and what government’s doing, obviously there are artificial intelligence tools and some of them I know that Oracle have developed around financial management for government. But also, tell us a bit about what, because you’re right at the forefront of this revolution,
what it means for what government should do in terms of its digital infrastructure, digital ID, data centers, and so on. How do you take advantage of these incredible AI models?”
​Ellison: “And the first thing a country needs to do is to unify all of their data so it can be consumed and used by the AI model.
You have to take all of your health care data, your diagnostic data, your electronic health records, your genomic data. And in the Middle East, in the UAE, for example, they are incredibly rich in data. They have a lot of population data. The NHS in the UK has an incredible amount of population data. But it’s fragmented.​ It’s not easily accessible by these AI models.
​ We have to take all of this data we have in our country and move it into a single, if you will, unified data platform. So we provide context. When we want to ask a question, We’ve provided that AI model with all the data they need to understand our country.​ So that’s the big step. That’s kind of the missing link. We need to unify all of the national data, put it into a database where it’s easily consumable by the AI model, and then ask whatever question you like. So you’re really, through the use of this, you’re revolutionizing the way government works.​”
​ That’s the idea. Move all data into a unified platform. What data? Well, for one, all health care data, all diagnostic data that would include health data as well as societal information, all health records, all financial records data, all population data. There’s a lot of data, for instance, in the annals of Washington DC about Medicare, about tax records,​ et cetera.​ All genomic data, that speaks of DNA, by the way.​..
..And they fed them into the machine, if you will. Then they were spread to the whole system. So the data assault itself was orchestrated by Musk and Thiel, and they used shock and awe to spring the data immediately. You might remember all of the fights that took place when the Doge teams would show
up into an agency and demand that that they turn over all the keys to the data, the passwords and everything else. And there was squawking going on. There was cries of agony going on in these agencies, especially the IRS, especially the Medicare, Medicare health organization. They said, this is basically, you’re stealing our data from us.
​ Then, magically, government workers started to get sacked, seemingly indiscriminately. But this is according to this doctrine called rage, replace all government employees. That was part of the philosophy, by the way, that went along with Peter Thie​l…
​..So we have to have AI now to monitor everything and create agents and departments based on AI. This has happened already before your nose. This was the secret goal of Doge in the first place. It was never revealed to the public that way. But now we know exactly what’s happened. We can see the strategy that was employed​ to be taking over all of the data. Then, not suspiciously, but it figures that President Trump called in Palantir​… Peter Thiel, and Alex Karp, the CEO of Palantir, An​d specifically, Palantir was awarded a $319 million contract to roll all this data up that was previously freed by the Doge teams.
​ This was the purpose of Doge. They were a conduit. They took all these streams of data and they put them into the cloud so Palantir could have access to it.
​ So we can now talk about the hijacking of the monetary system as well, because this is an important cog in the scientific dictatorship idea.
It was never about preventing the Fed from issuing CBCDs, not at all. Executive Order 14178 says banning central bank digital currencies altogether. The stable and genius acts were passed. Then a privatized payment system based on stable coins was erected.
​ A privatized asset system based on tokenization was erected.​ Oh, and then we saw talk about the 680 million acres owned by the federal government. All the mineral rights, all the produce of that land. That’s a huge asset. It’s held in trust, supposedly, for the American people. But all of a sudden, something happens here.
​ The reason that the central bank digital currencies had to be sidelined because the Fed only concerned itself about moving money around the world. It never had in view tokenization of assets. The Fed couldn’t do that. Not in a million years. It’s not in their charter.
​ They were always concerned about payment tokens, if you will, payment-oriented crypto,​ and that didn’t have this other capability of tokenizing assets.​.​. So all of a sudden, all minerals, timber, water, and animals, at least on 680 million acres of land. That’s a lot of land. Wow. All gold owned by the Treasury.​.. That potentially results in an asset-based economy with no debt.​.. We have to understand now that Howard Lutnick, the Secretary of Commerce, has been lusting publicly over the national resources that we have. I want you to just connect the dot​s here. The Federal Reserve could not do this,​ but now they can do it if they have a privatized asset-based tokenization process to do it.​..
​..680 million acres on the chopping block to be digitized by who? ​By companies basically that Howard Lutnick and his family have a majority interest in. You can’t make this stuff up. These people have taken over our country. The technocrats have taken over our country at this point.
​ So let’s look at the action plan going forward. The action plan was released in July, 2025. on the whitehouse.gov website, no less. It’s called Winning the Race, America’s AI Action Plan. You can look it up on the whitehouse.gov website.​.. So we know who wrote this document. It was arch technocrats, not Congress, not the president. but these arch technocrats who are dedicated at this point to overthrowing America for good and for all.​..
..But now the technocrats, the arch technocrats, America is not enough for them. They want the whole world.
​ Pillar one talks about accelerating AI and innovation.
​ Pillar two talks about building AI infrastructure. And we see that basically one and two speak about programs like Project Stargate. You saw this in the first part of the administration.​ where President Trump got up with Larry Ellison, one of Ellison’s few public appearances. Sam Altman was there as well. And, you know, they basically said, the president said, I’m going to wipe away all of the regulations that will prevent you from doing this project to build AI. ​ But then, pillar three. Lead in international AI diplomacy and security.​ This is really stunning to me because it speaks of building empire.​.. Export ​American ​AI to allies and partners around the world​,… counter ​Chinese influence in international governance bodies we can see that too strengthen ai compute export control enforcement they want to keep control of all the ​AI, plug ​the export loopholes in existing semiconductor manufacturing export controls​… ​ They want to align protection measures globally. They want to ensure that U.S.​ government is at the forefront of evaluating national security risk in frontier models. So basically the ide​a of​… exporting all of this stuff to the world is to maintain control over it.​..
..Probably the most industrialized part of the world​, they’ll adopt it in a heartbeat because they have to have America on their side. So the conclusion here is building world empire, world empire on the backs of digital slaves. We’re the slaves, by the way, if you haven’t already figured that out.
​ People like Elon Musk, Larry Ellison, Peter Thiel, Michael Krasius, et cetera, Howard Lutnick​. these are the arch technocrats who are enforcing, if you will, this whole system on the world, at least on America, and they intend to export it to the whole world.​ https://dhughes.substack.com/p/patrick-wood-building-empire-on-the

​ Meryl Nass MD presents where you’ll find the rest of that conference: The 3d OMNIWAR Symposium streamed Oct 4 and can be seen now on YouTube
How technocracy is being used to take over the world.​ https://merylnass.substack.com/p/the-3d-omniwar-symposium-streamed

Oracle execs: Love Israel or maybe this isn’t the job for you​ https://israelpalestinenews.org/love-israel-or-maybe-this-isnt-the-job-for-you/

​ Wikipedia is quite detailed. Oracle started as a CIA project for Larry: Lawrence Joseph Ellison (born August 17, 1944) is an American businessman and entrepreneur who co-founded the software company Oracle Corporation. He was Oracle’s chief executive officer from 1977 to 2014 and is now its chief technology officer and executive chairman. He is a centibillionaire and the 2nd richest person in the world as of October 2025. On September 10, 2025, Ellison was briefly the wealthiest person in the world, with an estimated net worth of $393 billion. https://en.wikipedia.org/wiki/Larry_Ellison

​ Bubble In AI? Echoes Of The Past, Lessons For The Present
​ If you want to understand the engine under this market’s hood, follow the capital. A recent article by Michael Cembalest frames today’s AI boom as a “vendor-financing circle.” This circle occurs when capital raised by one set of companies (via stock, convertibles, or bonds) is recycled into other companies, and so on. In today’s market, that is where AI-related companies are raising capital to make massive AI capex investments, which become revenue for a handful of infrastructure suppliers (GPUs, networking, power, and data centers). Those reported revenues, in turn, help justify still more capital raises, higher valuations, and even bigger build-outs. It looks and feels like reflexivity in real time…
​..Oracle’s $18B bond sale, a jumbo deal, was explicitly tied to building AI cloud capacity for large customers. And OpenAI’s “Stargate” initiative targets a stunning $500B to deploy ~10 GW of compute across sites, with partners and suppliers intertwined through equity stakes, long-dated supply agreements, and chip-leasing constructs. When suppliers invest in customers who then pre-order supplier hardware, you’re not just seeing demand but circular demand.
​ For example, Oracle doesn’t have the money to pay for this spending surge, which is projected to last well into the 2030s (This also assumes that there is NO RECESSION between now and then). While vendor financing with cash from operations is one thing, vendor financing with cash from debt is something totally different. As Cembalest noted, we have now evolved into a “circular economy” of AI, where growth depends on a narrow group of companies. As he noted:
​ “I think this is well understood, but just to reinforce the point: AI related stocks (1) have accounted for 75% of S&P 500 returns, 80% of earnings growth and 90% of capital spending growth since ChatGPT launched in November 2022. AI is showing up other places as well. Data centers are eclipsing office construction spending and are coming under increased scrutiny for their impact on power grids and rising electricity prices.”
​ But here is his real eye-opening statement:
​ “Other recent AI news: Oracle’s stock jumped by 25% after being promised $60 billion a year from OpenAI, an amount of money OpenAI doesn’t earn yet, to provide cloud computing facilities that Oracle hasn’t built yet, and which will require 4.5 GW of power (the equivalent of 2.25 Hoover Dams or four nuclear plants), as well as increased borrowing by Oracle whose debt to equity ratio is already 500% compared to 50% for Amazon, 30% for Microsoft and even less at Meta and Google. In other words, the tech capital cycle may be about to change.”
​ This pattern has historical rhyme. During the late-1990s telecom boom, equipment makers extended aggressive credit (“vendor financing”) to carriers, effectively funding the purchase orders that produced the vendors’ reported revenues. By mid-2001, the Wall Street Journal tallied at least $25.6B of such loans across major vendors; for one cohort, that financing equaled 123% of combined pretax earnings in 1999. Vendors wrote down receivables when customers defaulted, and the virtuous loop snapped.
​ The takeaway isn’t that today’s AI spend is fake; the ecosystem itself reflexively finances some portion of revenue. While that completely supports the market while the “music plays,” it becomes problematic if cash returns lag capex for too long, power and supply constraints slow utilization, or financing windows narrow.
​ Is AI a bubble? Maybe.​ https://www.zerohedge.com/markets/bubble-ai-echoes-past-lessons-present

​Got gold, or digital-gold? Gold Tops $4,000 For The First Time, And How Goldman Is Trading The Meltup From Here https://www.zerohedge.com/markets/gold-tops-4000-first-time-and-how-goldman-trading-meltup-here

​ But Germany doesn’t need Russian natural gas and can support Ukraine’s war: Germany’s pension and social security system on the verge of collapse
Germany has proposed raising the retirement age to 73 to prevent the collapse of the pension system, per Reuters Chancellor Merz said that Germany can’t afford the current social security system and that people will need to pay more from their income. https://x.com/Megatron_ron/status/1975293253546041377

Signal, AfD Slam EU Chat Control As End Of Privacy In Europe​ https://www.zerohedge.com/geopolitical/signal-afd-slam-eu-chat-control-end-privacy-europe

​ China’s Soybean Boycott – Key Questions Before Trump-Xi Meeting
​ China hasn’t purchased any soybeans from the current U.S. harvest. U.S. Treasury Secretary Scott Bessent and other administration officials say Beijing is using soybeans as leverage in broader trade negotiations…
​..In 2024, the U.S. made up about one-fifth of China’s soybean imports, worth more than $12 billion, and those sales represented more than half of the value of all U.S. soybean exports. Without that market, growers are left with fewer buyers and weaker prices. Across the U.S. Midwest, farmers are watching storage bins fill up as harvests roll in. Researchers at Purdue University warn that higher costs for fertilizer, seed, and chemicals — combined with falling soybean prices — are squeezing profits. Many growers are choosing to store crops rather than sell at steep losses. That pain ripples across the industry. Grain elevators, processors, and the railroads that move soybeans across the country are all affected by the slowdown.
​ Does Washington have leverage to pressure Beijing into changing its policy?
​ The Trump administration has suggested it does. Bessent predicted a “pretty big breakthrough” from the next round of talks. Trump has promised to put soybeans at the top of his agenda when he meets Xi. However, Republican senators left a meeting on Sept. 30 with the U.S. ambassador to China discouraged, saying Beijing has little intention of resuming purchases anytime soon. Trump has said his administration will use funds collected from tariffs to provide farmer relief. On Sept. 24, Agriculture Secretary Brooke Rollins promised a new aid package “in the next couple of weeks,” though the federal shutdown complicates the picture.
​ Are there risks for China?
​ Yes, but they’re limited in the short run. China’s massive animal agriculture industry needs soybeans to produce animal feed. But Chinese crushers and farmers have already built up higher-than-usual inventories, and government reserves provide a further cushion. That gives Beijing room to wait until early 2026 before it feels pressure to buy more from abroad. China’s reliance on Brazil and Argentina brings long-term risks, however. With fewer suppliers, a future weather shock could prove costly, even as Beijing’s tilt toward Brazilian beans is boosting output from the world’s top grower.​ https://www.zerohedge.com/commodities/chinas-soybean-boycott-key-questions-trump-xi-meeting

Legal Battles Rage Over National Guard Deployments To 5 States – What To Know​ https://www.zerohedge.com/political/legal-battles-over-national-guard-deployments-5-states-what-know

National Guard members from Texas are in Illinois in Trump’s latest move to send troops to cities​ https://www.bastillepost.com/global/article/5260972-illinois-braces-for-possible-national-guard-arrival-while-lawsuit-challenging-deployment-simmers

​ FBI Director Kash Patel says there are 110 THOUSAND GANG MEMBERS on the streets of Chicago “We learned that the Chicago city streets have 110,000 gang members. That’s right. You heard me right. They had 1,200 shootings this year alone, 360 homicides.”​ https://x.com/EricLDaugh/status/1975735395712459034

As Comey’s ‘Just Show Up’ Arraignment Set For Today, Patel Dismisses ‘Perp-Walk’ Talk​ https://www.zerohedge.com/political/comeys-just-show-arraignment-set-today-patel-dismisses-perp-walk-talk

Comey Arraigned, Pleads ‘Not Guilty’​ https://www.zerohedge.com/political/comeys-just-show-arraignment-set-today-patel-dismisses-perp-walk-talk

Thanks Chuck! Schumer Shutdown Allows Republicans to Confirm 107 Trump Nominees.​ https://pjmedia.com/tim-o-brien/2025/10/07/thanks-chuck-the-schumer-shutdown-leads-to-confirmation-of-107-trump-nominees-n4944604

​”We’ll make some more wiring in 2028.” Navy maintenance crews are stripping their own jets and submarines for spare parts
Mechanics working on Navy F/A-18s stripped radio cables from some jets to repair others because the parts were only available “on the schedule” of the original manufacturer.​ https://taskandpurpose.com/news/navy-fighters-submarines-cannibalize-parts/

US Congressman claims there are up to five hidden UFO bases located off the US Coastline​ https://endtimeheadlines.org/2025/10/us-congressman-claims-there-are-up-to-five-hidden-ufo-bases-located-off-the-us-coastline/