AI risk grows when an imperfect target is joined to autonomous action, self-financing capability, shared infrastructure and physical power.
AI risk grows when an imperfect target is joined to autonomous action, self-financing capability, shared infrastructure and physical power.
Between August 14 and August 24, 2026, the Treasury, Fed, sanctions, and Ukraine desks all delivered the same verdict. A ledger of who did what, when.
Republicans hoping to be mummified in office like Mitch McConnell should make other plans.
A plain-English primer on the yield curve, buybacks, term premium, and fiscal dominance, with the Trump administration as the running negative example on the eve of the midterms.
In ten days in August 2026 the 30 year Treasury hit its 2007 high, Treasury paid 85.6 billion dollars of interest in one day, and Bessent doubled the buyback. This is the mechanism.
An open indictment of the Trump administration and the men who cannot see past the end of their own noses, on debt, dollar decline, drones, fleets, and the four brush fires.
A wealth pump engineered in public transfers labor’s savings to the top through asset appreciation, pension buyouts, private credit, life insurer capture, and state guaranty funds. The remedy is antimonopoly plus a wealth tax.
No amount of American capital spending can beat the Chinese in artificial intelligence. A plain English primer on the prices, the chips, the credit, and who pays.
The largest IPO in history was six weeks old when the sky began to fail. A short story in Ford Somerville Ford’s voice, set on Wednesday, July 22, 2026, the night the American AI operating layer went dark for the first time.
The Ruins short story by Scott Ortkiese. Friday, September 24, 2027, in the hours after the American operating layer has gone dark. A seventy year old writer in Houston keeps a Piketty ledger for his granddaughter in Boulder.