05-29-26 carib
Panas: I am an old chap. I understand the concept of having eventually the movements of all people potentially tracked where legal, and AI filling the gaps.
Hopefully that would be good for reducing crime, and very bad for privacy rights.
But I do not understand the concept of a "global tax" in the absence of a "global government".
Governments are the entities with power to tax, and governments are competing with each other in this business. For every government trying to tax its subjects more.. there will be an other one offering haven for such subjects if they move.
Tax competition is and will remain there..
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05-29-26 carib
someone is making tons of money on tech/AI stocks.. no doubt.
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05-29-26 pillz
Dell Shares
414.93USD
287.13+224.67%
Dell Shares Soar After Outlook Tops Estimates on AI Boom |
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05-29-26 savo
| lots of investors... few customers... |
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05-29-26 victor
savo, saylor has thought about that, he has a reserve of $X that will maybe last him for several years.
what you are saying only becomes true if btc price collapses, and stays at depressed levels for years! |
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05-29-26 savo
Apollo Global Management Inc. and Blackstone Inc. are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic PBC build out its AI infrastructure.
The debt will be used to purchase Google’s custom chips called TPUs, or tensor processing units, which Anthropic will then lease, according to people with knowledge of the matter. Broadcom Inc., which helps Google develop the chips, is backstopping payments on the largest portions of the transaction, said the people, who asked not to be identified because the information is private.
The move would mark one of the largest-ever private credit deals and also the biggest chip-financing debt transaction. It aims to tap Broadcom’s credit quality to provide computing-power access to Anthropic, which just eclipsed rival OpenAI in valuation.
Shares of Broadcom and Google owner Alphabet Inc. climbed in late trading on the news. Broadcom rose as much as 1.9% to an aftermarket high of $434.84, while Alphabet advanced as much as 1.2% to $394.81.
The financing plan will help the maker of Claude meet its ambitious goals for building infrastructure. The company is racing with OpenAI to line up an initial public offering later this year as investors throw vast sums of money at AI services. |
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05-29-26 savo
a lot of capital is moving into funding IA
does anybody know whether this will produce any return at all... companies are being valued not on earnings but on the amount of borrowing...
***
Anthropic announced Thursday that it raised $65 billion in a separate funding round that valued the company at $965 billion. It marked the first time that Anthropic had a bigger valuation than ChatGPT maker OpenAI.
GPU Loans
Tech companies are spending billions of dollars to construct AI data center facilities, but the bigger cost is typically the chips and other equipment needed to power the software and services. Though Nvidia Corp. dominates the market for this technology with its graphics processing units, or GPUs, it’s facing more competition. Google has emerged as a contender with its TPUs, and Broadcom and others are developing separate approaches.
The high cost of acquiring these chips has created a market for gigantic GPU loans, with data center operator CoreWeave Inc. and others taking advantage of the financing. The latest deal would apply the same concept to TPUs.
In this type of structure, a special-purpose vehicle, or SPV, borrows the money and also receives an equity investment. That cash is used to buy the chips, which are then leased to a customer. The debt is backed predominantly by the lease payments, along with the unknown long-term value of the chips. |
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05-29-26 savo
the opposite Victor... Saylor will have to sell btc to pay stretch...and the rest of the debt..
he was just forced to buy the zero% converts with 60% of the cash that he had left...
remember he has to pay 11% and the obligation to maintain the price of stretch at 100% by increasing the coupon...and has no income... |
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05-29-26 victor
| Iran must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions. All water mines (bombs), if any, will be terminated (we have removed, through detonation, numerous such mines with our great underwater mine sweepers. Iran will complete the immediate removal and/or detonation of any mines that are left, which will not be many!). Ships caught in the Strait due to our amazing and unprecedented Naval Blockade, which will now be lifted, may start the process of “heading home!” Say HELLO to your wives, husbands, parents, and families from me, your favorite President! The enriched material, sometimes referred to as “Nuclear Dust,” which is buried deep underground with virtually collapsed mountains, caused by our powerful B2 Bomber attack 11 months ago, sitting on top of it, will be unearthed by the United States (which, it is agreed, is the only Country, along with China, with the mechanical capability of doing so!), in close coordination and conjunction with the Islamic Republic of Iran, plus the International Atomic Energy Agency, and DESTROYED. No money will be exchanged, until further notice. Other items, of far less importance, have been agreed to. I will be meeting now, in the Situation Room, to make a final determination. Thank you for your attention to this matter! President DONALD J. TRUMP |
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05-29-26 victor
savo, but Strategy will
what do you mean?
what i meant, and what i think was the matter at hand:
whether saylor would have to sell his btc in a depressed market?
and the answer seems to be: NO, regardless of a cheapo btc price. |
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05-29-26 panasonic
Savo, I understand your point, but take in consideration that AI will bring sharp deflation, consumption will drop on lack of high earners, Govs. deficits won't be easy to fund via inflation.
I only know one thing, those "new rich" from semis trades may end losing all profits and more, stay tuned. |
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05-29-26 panasonic
"but if avoiding taxes"
Wealth taxes you mean, indeed not for me.
AI controlled universal wealth tax, we'll have to find ways to deal with it.
Banking in BOSVG wont fit :-)) |
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05-29-26 carib
| a lot of capital is moving into funding IA, crowding out even UST investments.. |
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05-29-26 carib
| PS: in her opinion, the "neutral" bond rate.. is between -0,5 and + 0,5% after discounting inflation, meaning negative after discounting both inflation and taxes.. |
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05-29-26 carib
Savo: you just need to have a Bloomberg account to open, or maybe there are other links to the blog.
Gita is a very clever girl (now teaching at Harvard). Her take is that UST are still benefitting from an amount of privilege, so Bessent can go on playing with them. She added very few people in Congress (and nobody in the WH, I guess) are concerned about debt and deficit.
She thinks rates are moving higher.. until they produce a recession, if I got her thinking right. |
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05-29-26 savo
carib... Gita Gopinath on rates
couldn't open...but could it simply be that government are borrowing too much?
in the year of the 250th anniversary of whatever happened 250 years ago in the US
Are we freer today under democracy or were we freer under King George?
Would income tax be imaginable under King George?
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05-29-26 savo
| victor... have you notices that btc mining companies are turning into AI data centers... from one bubble to the next... |
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05-29-26 savo
| victor... i do not know about his personal finances... but Strategy will |
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05-29-26 carib
Savo: a place you might consider if you want bonds and worry about inflation is Brasil.
you can get bonds BRL denominated but trading and paying in US$, yielding inflation+8,5%.
if you spend in BRL, the FX changes are not very revelant.
For as long as it lasts.. |
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05-29-26 victor
| savo, 73.5k... maybe, but the guy isn't going broke anytime soon. |
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05-29-26 savo
victor...
Saylor officially under water..after 6 years of buying |
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05-29-26 savo
victor...
Saylor officially under water..after 6 years of buying |
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05-29-26 carib
Gita Gopinath on rates.. interesting
https://www.bloomberg.com/news/articles/2026-05-29/gita-gopinath-on-why-interest-rates-have-surged-all-around-the-world?srnd=phx-markets |
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05-29-26 savo
| carib... i make 6 month budgets based on location... the current 6 months is running significantly above estimates... I feel like a politician... overspending... problem that in this case it is my money not the people's... inflation is more than I though... |
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05-29-26 carib
| Panas: that is reasonable.. but if avoiding taxes is a real priority, one should not reside in countries with exit taxes, and keep the portfolio offshore. |
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05-29-26 carib
Savo: I guess under the circumstances described.. you would not "make a living" but would have to slowly deplete capital.
Still better off than folks with no capital.. |
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05-29-26 savo
pana... so you don't fear some sort of universal wealth tax in say 5~7 years?
sorry to sound repetitive... but that is happening already ...
My situation... i have no chance of spotting the next nvidia.. micron or whatever... i do not want to be glued to a screen looking at option prices...my experience is in bonds... with some magic one can make in emerging market bonds ex-pdvsa... 8 to 10% per annum and hopefully some cap gain here and there... if inflation is say 6 to 8% and tax is 20%... how do I make a living? |
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05-29-26 panasonic
"If you feel even worse news are coming.. why are you not moving out?"
I don't feel I have to move ahead of facts, when it comes, we'll decide as a family, bcz place where we decide to move today may follow a similar model tomorrow :-(
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05-28-26 panasonic
Carib, all valid points on the current dynamics.
How would you expect Govs. will fund deficits when jobs disappear? ..and which political actors are more likely to jump in popularity? |
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05-28-26 carib
| Savo: indeed.. inflation has always been the wildest hidden wealth taxes. You only gain something if your assets, after inflation and taxes, increase in real value. So far this century, US equities have done that. |
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05-28-26 carib
Panas: what you are fearing.. already happened. Piketty wrote a 900 pages book on the matter years ago, plus an equally fat sequel, that I had the patience to read, on the theory and practice of a universal wealth tax. Point is he was not even able to convince the left in his own country when the matter came up for a vote in Parliament.
the socialist left tried a referendum on this in Switzerland.. and they suffered a heavy defeat.
Luxembourg actually had a wealth tax of 0,5% until 2006, but it was abolished and it's not coming back. Now it only applies to corporations, with wide exceptions.
Moving part of taxation from high incomes to very large estates could work, but as long as those ideologues think that anyone who has over 250K should be taxed to death.. they are going to lose.
Anyway, if you tell me I will become in billionaire (in terms of present values) soon.. and will have to pay 2% on that.. I would gladly sign. |
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05-28-26 carib
Panas: no, I do not fear that. The same governments that are taxing their subjects hard.. are offering tax free tickets to wealthy people moving there. And some small countries transformed tax advantages into a vital business.
Countries do not need only revenue, but also capital.
If Elisabeth Warren had her way and the USA, in 2030, introduced a wealth tax above 50MM estates, maybe you would be moderately affected, but not in life changing ways.
Personally, I think a wealth tax on very large estates is preferable to even higher taxes on relatively high earners, but this might be a selfish view.
If you feel even worse news are coming.. why are you not moving out? |
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05-28-26 panasonic
| Savo, so you don't fear some sort of universal wealth tax in say 5~7 years? |
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05-28-26 savo
pana.. you are tracked as long as we live in places that want you to be tracked... there is always the 30 minutes flight as carib says or longer flights to other destinations.
But you are in a good position... plenty of territorial taxation in your vecinity.
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05-28-26 panasonic
Savo, is the tech part I'm focusing on.
No discussion, right now we are fully tracked, some may choose to bank in a small unregulated bank, but... |
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05-28-26 savo
| Murphy's law pana... anything that can go wrong will go wrong... specially when governments look more and more like criminal organizations. |
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05-28-26 panasonic
Savo, clearly Govs. need full trucks of money, so let's add the AI variable.
What happens to pension plans if the only workers left are the ones who's income does not deserve a robot? Contributions fall to what? zero!!
Consumption? Only what Gov. Will give people, prices stalled or collapsed on lack of consumers.
Uncle Sam needs his truck of money, US Pinky comes with a brilliant idea, joins forces with EU Pinkies to tax wealth universally, monitored by AI that even me could write the code in 10 lines of Vibe.
Netflix material or it could happen?
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05-28-26 savo
pana... let's rephrase the question... how will this be paid?
United States: 39 tr
japan 9.3tr
UK 4.1 tr
France 3.9 tr
Italy 3.5 tr
Germany 3.3 tr
Spain 2 tr
Total 65.1 tr
Bessent and the fed are doing the following trick... the treasury issues short term debt... the fed buys this debt... the treasury uses that money to buy longer bonds... so that longer rates do not explode...
That is Treasury QE which is basically cornering the Fed...
if the fed increases rates... they will make more difficult to the treasury to refinance the 10 to 12 trn that expire every year...(add to that the 2 trn budget deficit going bigger now that trump has to replinish the weapons stock stupidly wasted sinking the iranian fleet)...kill whatever is left of the housing market and bank solvency and push the government to increase real taxes.
If the Fed cuts rates real rates will go down and inflation up... hence stealth wealth tax will go up.
So.. one way or another taxes are going up... and people that can should leave highly en debt countries
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05-28-26 savo
carib.. inflation is the increase in the money supply or credit.. the increase in prices is the consequence of that.
Definitions do not matter...purchasing power of the money I have matters... if they tax me on inflation that is a wealth tax...even if the law defines wealth tax differently.
People have to understand that a 6 trn budget with 4 trn revenues is a budget with 2 trn inflation tax.
The usual double entry accounting.
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05-28-26 spal
UMAC = Drones + Trump's boys + grift = 55% gain one day.
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05-28-26 panasonic
Carib, Savo...tax via inflation + income may not be enough.
AI may deliver: deflation + high earners losing jobs meaning unhappy Uncle Sam.
Based on the above, the "real, direct wealth tax" could gain political favor pretty fast.
If those smart bots can track us to levels me fear they can, do you see any chance that wealth tax becomes universal?
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05-28-26 carib
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05-28-26 carib
| If Panas is concerned by that.. he should take a 30 minutes flight to Nassau. |
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05-28-26 carib
Savo: that is an income tax on interest, which exist in every country, except those that do not levy any income tax (not many left)and those who do not tax income produced abroad (territorial taxation).
An actual wealth tax would come on the top of income tax.
Proper calculation of bond yields should be after discounting inflation and taxes.
In many case the real net income is actually negative.
High yielding bonds with positive net real rates have the additional risk of default.
Better to be a large shareholder of MU.. |
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05-28-26 savo
| after a sufficient number of years... pana will be where he started! ... :-) |
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05-28-26 savo
ok.. there is a stealth wealth tax...
say you start with 100... inflation is 10% and you make 12% on the 100.
they tax you say 30% on 12... ie: 3.6
always in terms of real capital
1) fell by 10 to 90 because of inflation
2) went up by 12 due to income to 102...
3) fell to 98.4 after income tax.
wealth tax: 1.6% |
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05-28-26 carib
| Savo: I suppose Panas was talking about a real "wealth tax".. "impot sur la fortune" |
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05-28-26 savo
| there is already a wealth tax in the US as they tax inflation gains and income. |
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05-28-26 carib
| Panas: I do not expect a "wealth tax" coming to the USA before 2030, if ever... but in case it arrived, what would you plan to do? Obviously, there will be an "exit tax" on wealth.. |
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05-28-26 victor
| carib, yes, he also said that. |
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05-28-26 carib
Anyway after mixing up Venezuela and Iran, Trump supposedly said he does not care about mid-term elections..
;-) |
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05-28-26 carib
Savo: actually no.
US inflation is now about 3,5%, if I am not mistaken, and that is an average. It is possible that inflation in food is higher than 3,5%. Point is living in NYC is inherently quite expensive.
I do not know what the dominican lady's job is and what is her income. |
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05-28-26 victor
savo, pana, some americans have no idea of anything that happens outside their country..
being fed the BS that nothing is better than "america"..
and actually expecting canadians to want to join the usa.. it's laughable. |
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05-28-26 savo
| victor... according to the satanist FED inflation is well anchored at 2%... and according to carib 2% inflation per annum is good for the economy... so your dominican lady must be wrong... |
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05-28-26 victor
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05-28-26 panasonic
| California getting worse, as Hann posted here. |
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05-28-26 panasonic
Vic, tax the rich and free stuff is a great franchise, AI will impact highly paid jobs first.
We should stay alert on attempts to implement wealth tax... |
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05-28-26 spal
ONDS
$13.15
(+41.70%)
Past Week
Drone on crazy diamond |
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05-28-26 victor
and it's more than understandable that Mamdani won, in my op.
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05-28-26 victor
carib, posted today.. apparently it's getting rapidly worse..
i bet some of them voted for dt.
En Nueva York, City Harvest calcula que más de un millón de neoyorquinos viven en hogares donde no siempre alcanza la comida
“La inflación que estamos viviendo me ha forzado a llevar este ritmo de vida y el SNAP ya no me es suficiente”
//
Nueva York CNN Español —
Desde muy temprano en la mañana, mucho antes de que la ciudad despierte por completo, decenas de personas ya hacen fila afuera de una marqueta móvil gratuita en el Bronx organizada por City Harvest, la organización de rescate de alimentos más grande de la ciudad de Nueva York.
Para las nueve de la mañana, la línea ya le da la vuelta a la manzana. Algunos dejan sus carritos guardando espacio y regresan más tarde para no perder el turno.
Con bolsas reutilizables y mochilas en mano, familias enteras esperan poder llevar suficiente comida para sobrevivir al menos hasta la próxima distribución de alimentos.
Según datos de Feeding America, más de 48 millones de personas en Estados Unidos enfrentan inseguridad alimentaria. De ellas, cerca de 14 millones son latinas.
Entre ellas está Martina Santos, voluntaria de City Harvest desde hace 13 años y también beneficiaria de la ayuda alimentaria. “Soy diabética, tengo presión alta y he tenido que saltarme comidas”, dijo Santos a CNN.
La dominicana, residente del Bronx desde hace cinco décadas, asegura que el aumento en el costo de vida la ha obligado a hacer sacrificios peligrosos para su salud.
“Si desayuno no puedo almorzar, porque no tengo bastante. Y espero a cenar para no irme a la cama con el estómago vacío”, explicó Santos de 67 años. “Antes me desayunaba algo, comía algo en el almuerzo y mantenía mi azúcar bajo control en 98 o 99. Ahora me sube hasta 175”.
Aunque recibe cupones de alimentos, conocidos como SNAP, Santos dice que no le alcanza para mantener la dieta saludable que necesita.
“La inflación que estamos viviendo me ha forzado a llevar este ritmo de vida y el SNAP ya no me es suficiente”, dijo mientras repartía vasos de ensalada de maíz a familias que salían de la marqueta cargando bolsas y carritos llenos de zanahorias, guineos y batatas, entre otras frutas y vegetales frescos.
La inflación anual en Estados Unidos subió al 3,8 % en abril, por encima de los salarios. Los efectos acumulativos de más de cinco años de alta inflación impactan fuertemente en las personas que viven en el país, y también suman presión con la crisis de costos derivada de la guerra en Medio Oriente.
Una crisis que sigue creciendo
En Nueva York, City Harvest calcula que más de un millón de neoyorquinos viven en hogares donde no siempre alcanza la comida, incluyendo uno de cada cuatro niños.
“Una de cada cuatro familias con hijos necesita ayuda alimenticia y últimamente estamos viendo filas más largas aquí en nuestras marquetas móviles”, dijo Pedro Urbaez, director de distribución comunitaria de City Harvest.
Urbaez afirma que muchas familias ahora enfrentan situaciones imposibles.
“Tienen que buscar cómo pagar la renta, la luz, el gas y otros servicios. Entonces, la comida es la última cosa en la que ellos gastan el dinero”, dijo.
La organización estima que cada distribución sirve entre 500 y 600 familias, muchas de ellas con niños pequeños.
“La marqueta móvil es parte de nuestro programa para dar esa comida que rescatamos a personas que viven en los cinco condados de Nueva York”, explicó Urbaez. “No tienen que dar mucha información, solamente decir cuántas personas hay en su familia y pueden recibir comida”.
Familias bajo presión económica
En la fila esa mañana estaba Mónica López con su bebé de un año y cuatro meses.
“Es necesario para mí venir aquí. La verdad, es una bendición de Dios poder recibir esta ayuda”, dijo López.
La madre de 32 años dice que actualmente se dedica al cuidado de su hijo mientras su esposo intenta sostener el hogar con un solo salario.
“Es difícil, porque todo ha subido de precio y casi no nos alcanza lo que estamos ganando porque las cosas están muy caras”, aseguró López.
A pocos pasos de ella, Edith Soperanes, de 34 años y madre de dos niños, también esperaba llevar comida para su familia.
“Todo está caro. Ayer fui al supermercado, compré como tres o cuatro cosas y ahí se fueron US$ 90”, dijo Soperanes, quien asegura que distribuciones como las de City Harvest ayudan a completar comidas básicas para sus hijos.
“Ahora veo que están dando huevos, ya sale para el desayuno. Y las bananas también sirven para una merienda para los niños”.
Además de frutas y vegetales, ese día las personas también recibieron cartones de huevos donados por un agricultor local.
“Los huevos también están caros, así que hoy vamos a repartir alrededor de 800 docenas”, dijo Gibson Durnford, fundador de Tenmile Farm Foundation, organización que dona alrededor de 50.000 docenas de huevos a City Harvest cada año.
“Hay más personas apareciendo y necesitando un poco de apoyo”, afirmó Durnford. “Aquí ves madres jóvenes, personas mayores, gente sin trabajo e incluso gente con trabajo, pero aun así no les alcanza para cubrir el costo de la comida”.
“Me salvó la vida”
Mientras seguían llegando más y más personas a la marqueta, Martina Santos continuaba ayudando a repartir alimentos. La voluntaria aseguró que, además de ayudar económicamente, programas como este también sirven de apoyo emocional.
“Para mí, City Harvest es una salvación. Me salvó la vida”, dijo Santos, con lágrimas en los ojos. “Me ha ayudado con la depresión que trae esta situación y también a poner un plato digno de comida sobre mi mesa. Cuando vengo a estas distribuciones ya no tengo que saltarme comidas”,
Santos dice estar agradecida de poder ayudar a otras familias al tiempo que ella también recibe el respaldo que necesita para seguir adelante.
“La inseguridad alimentaria se está convirtiendo en un monstruo cada vez más grande. Hay mucha necesidad, pero gracias a Dios existen programas como este”.
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05-28-26 carib
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05-28-26 carib
| I see no "satanic forces".. but I see market prices... and expect the usual amount of insider trading.. |
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05-28-26 Merlino
pdvsa were to be restructured first as it should.
......................
Super logical and convenient imho
Would they do it? I doubt it |
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05-28-26 spal
RCAT
RED CAT HLDGS INC
13.30 (+24.70%)
Dronicus elevatus
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05-28-26 spal
ONDS
ONDAS INC
12.42 (+15.00%)
Drone themed
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05-28-26 spal
| The administration is proposing an expansion of the Pentagon's drone nerve center—the Defense Autonomous Warfare Group (DAWG)—requesting a budget surge to more than $54 billion, up from a measly $225 million. |
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05-28-26 spal
| Big rally today in Drone co land ... |
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05-28-26 spal
| Oman is worth zero to the US now that "basing" is not a priority. It would be wise not to put itself in the negative category. |
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05-28-26 savo
wish you were right on PDVsa debt
the same satanic forces that wanted PDVSA II without debt and who paid Gulati and others "legal experts" to say that pdvsa bonds are of inferior quality, etc... are now desperate that pdvsa were to be restructured first as it should.
pdvsa bonds are identical, they could be restructured in 4 weeks via "corporate action". No need to do a fancy sovereign restructuring.
The rep is another story... bonds are different and the restructuring has political components.
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05-28-26 spal
| Vic - it was NO mistake. Oman panders to Iran ... then Oman goes in the hurt locker. |
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05-28-26 victor
savo, especially last paragraph.
maybe dt is really experiencing cognitive decline?
//
Trump threatens to 'blow up' US ally Oman over Strait of Hormuz
President Donald Trump issued a stark warning to Oman, a longstanding U.S. partner, over its reported talks with Iran to charge fees for passage through the Strait of Hormuz.
On Wednesday, Trump dismissed an Iranian state media report that Oman and Iran were in discussions to jointly manage shipping through the waterway, which Iran militarized in retaliation for the U.S. and Israel launching the war on Feb. 28. Control of the Strait of Hormuz, sections of which run through Omani and Iranian territorial waters, has been a key sticking point of talks between the U.S. and Iran to end the three-month-long war. The effective closure of the Strait has skyrocketed energy prices and disrupted the trade of several other commodities around the world. U.S. attempts, including a naval blockade of Iranian ports, have thus far not fully restored commercial shipping through the Strait.
“The Strait is going to be open to everybody,” Trump told reporters at the White House. “It’s international waters and Oman will behave just like everybody else or we’ll have to blow them up. They understand that, they’ll be fine.”
Oman, a strategic partner of the U.S. for more than 50 years, has played a key role in efforts to mediate a peace deal between the U.S. and Iran. Earlier in the war, Iran also retaliated against the U.S. and Israel’s attacks by targeting Oman and other Gulf countries that host U.S. military bases.
Some have speculated that Trump misspoke and meant to refer to Iran. Trump appeared to have erred in his speech during earlier comments to press, saying that Venezuela, which the U.S. raided in January, “no longer has a navy, no longer has an air force, and no longer has a lot of people that were leading the country.” The President seems to have been referring to Iran, not Venezuela.
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05-28-26 leopardo
| Equal amount of debt (nominal) |
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05-28-26 leopardo
Me holding 50/50 nominal
Vnz Rep / Pdvsa |
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05-28-26 Merlino
i always eat badly in the US.. something in the food where bread is not bread..
.....................................
There is the old joke of the overweight American asking his doctor for the less painful diet to lose weight
Answer: go three months to Europe |
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05-28-26 carib
| Savo: obviously, I wish you were right on PDVsa debt.. |
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05-28-26 savo
Negligible Capital
@negligible_cap
The Trump Admin is in talks to fund US drone companies.
It just so happens that Don Jr. backs 2 public drone companies, $UMAC and $PUSA (previous a publicly traded golf course company that Don Jr. reverse merged with Powerus, the drone company he backs)
$UMAC is specifically named as one of the companies in talks to receive a government investment. What a coincidence! |
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05-28-26 savo
carib... that they were making a debt audit in june.
I can do the audit in half an hour if they ask me...
All they have to do now is restructure pdvsa debt... it is the only one that matters for the business at hand...
And it should be repaid in full...no haircut... just an extension..Pdvsa can hold 40bn of debt if PBR can hold 80bn.
The rest of the debt imply political options that have to be made by a duly elected government when that happens. |
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05-28-26 savo
victor... ranging from drug trafficking to gold smuggling
Shaheen did not get the new scrip?
Narco veni was a fabrication... that fabrication is over...
@DELCY2030 |
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05-28-26 victor
Sen. Jeanne Shaheen of New Hampshire, the top Democrat on the Senate Foreign Relations Committee, has demanded the administration explain its favorable treatment of Rodríguez, calling her a “central figure in Nicolás Maduro’s repressive regime.”
“Sanctions have been lifted on Ms. Rodríguez without any indication that she has taken concrete and meaningful actions to restore democratic order,” Sheehan, joined by Sen. Elizabeth Warren of Massachusetts, wrote in a letter to Secretary of State Marco Rubio and Secretary of Treasury Scott Bessent last week.
Rick de la Torre, a former CIA chief of station in Caracas, said that the decision to shield Rodríguez fits well with the Trump administration’s foreign policy goals in Venezuela.
“She’s a lifelong Marxist and was a senior leader of one of the world’s most corrupt regimes but the U.S. is providing her with breathing space and carrots to lay the foundation for democracy and U.S. investment,” said de la Torre, the CEO of Tower Strategy, which advises companies on Venezuela.
“There’s a shelf life to her utility, however. At some point she will face justice.,” he added.
Rodríguez has been on DEA’s radar since 2018
The DEA had amassed a detailed intelligence file on Rodríguez dating to at least 2018, and has received allegations about her ranging from drug trafficking to gold smuggling, the AP reported earlier this year. One confidential informant told DEA in early 2021 that Rodríguez was using hotels in the Caribbean resort of Isla Margarita “as a front to launder money,” the records show. |
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05-28-26 victor
AP Exclusive: Trump administration tells prosecutors to stand down on Venezuela leader, sources say
MIAMI (AP) — The Trump administration has quietly instructed federal prosecutors in Miami to avoid pursuing criminal investigations into Venezuela’s acting President Delcy Rodríguez, a longtime target of the U.S. Drug Enforcement Administration, according to current and former U.S. law enforcement officials, in the latest sign of warming relations between the White House and the oil-rich nation.
It’s unclear whether prosecutors had implicated Rodríguez in any crimes or whether investigators were moving toward an indictment. A Justice Department spokesperson said in an email “there was never an investigation into her to shut down.”
But DEA records obtained by The Associated Press earlier this year show she consistently surfaced on the radar of federal law enforcement dating to at least 2018, though she has never been criminally charged in the U.S. like several other senior Venezuelan officials.
The directive to pause scrutiny into Rodríguez was meant to avoid upsetting the administration’s efforts to stabilize Venezuela after the capture of her predecessor, Nicolás Maduro, among other reasons, the official said. It was not clear whether the White House, which deferred comment to the Justice Department, was involved in the decision.
“Everybody has been told to stand down,” one of the former officials said.
The former officials, who had been briefed on the development, as well as the current official all spoke to The Associated Press on condition of anonymity because they were not authorized to publicly discuss internal deliberations.
Rodríguez, a U.S. attorney representing her and the Venezuelan Communications Ministry didn’t respond to requests for comment.
The move eases pressure on Rodriguez
Removing the threat of potential indictment, even temporarily, eases pressure on Rodríguez as the Trump administration seeks to work with the acting leader to stabilize Venezuela after Maduro’s ouster and open the country to U.S. investment.
President Donald Trump praised Rodríguez as a “terrific person” shortly after the U.S. military took Maduro and his wife to New York to face federal narcotics charges. Both have pleaded not guilty.
In recent months, the U.S. has lifted sanctions against Rodríguez and recognized her as Venezuela’s sole head of state, allowing her to re-establish ties with western banks and more freely work with U.S. investors seeking to tap into the world’s largest petroleum reserves. As ties between the two governments have deepened, some have held out the Venezuelan playbook — characterized by oil blockades, indictments of top leaders, and threats of military intervention — as a model to drive regime change from within as the U.S. pressures other longtime adversaries in Iran and Cuba.
Rodríguez and her brother, Jorge Rodríguez, the head of the National Assembly, were hit with U.S. sanctions during Trump’s first term for their role in undermining Venezuelan democracy and cementing Maduro’s authoritarian rule.
Rodríguez “is doing a great job,” Trump wrote on social media in early March. “The Oil is beginning to flow, and the professionalism and dedication between both Countries is a very nice thing to see!”
In recent months, Rodríguez has hosted ceremonies with a steady stream of American oilmen, some of them partaking in high-profile delegations led by U.S. Energy Secretary Chris Wright and Secretary of the Interior Doug Burgum.
Election talk deferred amid Trump’s praise
Missing in all the mutual backslapping is any talk of elections, even as Rodríguez last month blew through a 90-day limit set by Venezuela’s high court to fill Maduro’s position on a temporary basis.
“I don’t know,” she responded in English when a visiting U.S. journalist earlier this month shouted out a question about her time frame for holding elections. “Some time.”
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05-28-26 savo
| i always eat badly in the US.. something in the food where bread is not bread.. tomatos are not tomatos... butter is not butter... chikens are not chickens.. or may be the way they cook.. or the oil they use... but after a few days my digestive organs are all screwed |
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05-28-26 savo
true?
Norveçli
@norveclifinance
This looks like the beginning of the end for OpenAI and Anthropic.
The Chinese AI wave did not just cut prices.
It destroyed the entire funding logic behind the American AI bubble.
If developers can move from thousands of dollars per month to a few dollars per week with 80% of the same output, how are these companies going to justify hundreds of billions in future capex?
They won’t.
I believe OpenAI and Anthropic are heading straight into a funding crisis.
Chinese AI just popped the American AI bubble. |
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05-28-26 carib
| ... but, I can eat well in the USA too.. spending twice as much or more.. |
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05-28-26 carib
Victor: then we are saying the same thing, which actually corresponds to my personal experience: there is no lack of food, but abundance of unhealthy food.
I eat much better in southern europe than in the USA.. |
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05-28-26 spal
Because the Kuwaiti Army General Staff Headquarters confirmed a 100% interception rate, Washington is spared the political necessity of responding to mass American or Kuwaiti casualties. However, a strike on a host nation harboring major U.S. logistical footprints (like Camp Arifjan or Ali Al Salem Air Base) crosses a clear red line.
The U.S. will likely avoid a broad land campaign. Instead, expect immediate, highly targeted Tomahawk missile and carrier-based strikes executing the "Asymmetric Counter-Value" protocol.
Rather than hit generic IRGC command centers, the U.S. is highly likely to target Iran's economic arteries—specifically the Kharg Island oil export terminal or the remaining naval assets of the IRGC near Bandar Abbas—proving that any threat to Gulf state infrastructure will cost Tehran its remaining GDP liquidity. |
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05-28-26 spal
or is he simply trying to avoid $150+ oil?
===
As time goes on $150 oil ... outside of manias and manic spikes is less and less likely regardless of the supply that theoretically passes through the strait ... regardless of what you will read or hear from the intelligentsia (who are mostly butt hurt globalists ... and globalism is now over). |
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05-28-26 spal
| Iran launches ballistic missile and drone attack on Kuwait, with air raid sirens active, per Kuwaiti Army GHQ. |
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05-28-26 victor
spal, so why doesn't dt attack iran? what is he waiting for?
or is he simply trying to avoid $150+ oil? |
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05-28-26 spal
| Fat lady has not sung yet |
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05-28-26 victor
spal
Oil prices gained roughly 2 percent during early trading on Thursday morning following reports of new US air strikes on an Iranian military site. |
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05-28-26 spal
| Treasury sanctioned Persian Gulf Strait Authority. |
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