Medi-Cal spending doubled to $222 billion. Nick Shirley went door to door in LA and San Diego visiting facilities billing millions. Most were empty. Plus: yields climbing, private credit imploding, and El Salvador positioning as the new Dubai.
AI deepfakes have made it impossible to prove anything is real. Meanwhile, a $96 3D-printed missile system proves the cost of power is collapsing to zero. The age of the sovereign individual is here.
Fourteen banks published 1,598 reports this week. Treasuries sold off during a war. Dubai RE cratered 32%. Bitcoin broke $73K. The safe haven playbook is broken.
Coinbase is quietly lobbying Congress to limit the de minimis tax exemption to stablecoins only, cutting bitcoin out of the picture. Three independent sources on Capitol Hill confirmed it. Here's why they're doing it and why it matters.
Iran escalates to targeting Big Tech data centers. CPI looks calm while Treasury suppresses oil prices. The fertilizer supply chain is severed. Bitcoin's distributed design has never been more relevant.
The SDNY wants to retry Roman Storm after a hung jury. Treasury pushes Patriot Act framework for digital assets. Iran war breaks Asian supply chains. NRC approves first new nuclear reactor design in 52 years.