Saudi Arabia’s security bargain created dependencies and adversaries. A U.S. retreat could cost the kingdom strategic autonomy before it threatens its borders.
Saudi Arabia’s security bargain created dependencies and adversaries. A U.S. retreat could cost the kingdom strategic autonomy before it threatens its borders.
The five largest American cloud companies will spend $770bn in 2026 on equipment with a 3 year life, serving a $64bn market, against a $40tn national debt.
Trump’s Iran war mistook a blockade for control while raising costs, enriching his family network and driving Republicans toward a midterm reckoning.
One Treasury weaponizes the dollar system against Iran and the Chinese banks that clear its oil. The other suppresses the memo warning the AI bubble could take that same dollar system down. They share a Secretary.
Trump denies. Bessent runs Treasury-side quantitative easing. Warsh refuses to cut. Japan weighs a Treasury sale. The multipolar order has already arrived.
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.