Documents Stuffed Into Burn-Bags At FBI HQ To Be Made Public: Kash Patel

Authored by Zachary Stieber and Jan Jekielek via The Epoch Times,

Sensitive documents found in burn bags at FBI headquarters will all be made public, FBI Director Kash Patel said in a new interview with The Epoch Times.

“You’re going to see everything we found in that room in one way or another, be it through investigation, public trial, or disclosure to the Congress,” Patel told The Epoch Times’ Jan Jekielek in an exclusive interview, which is set to air on EpochTV at 5 p.m. ET on Nov. 29.

Before becoming FBI director, one of Patel’s past roles was working as a congressional investigator. He was on the House Intelligence Committee team that uncovered previously unknown information about the FBI’s probe of possible links between the 2016 campaign of President Donald Trump and Russia.

The probe and fallout over the information that emerged, including the reliance on a dossier compiled on behalf of the Hillary Clinton campaign, has come to be known as “Russia Gate.”

Patel said on X in August that “we just uncovered burn bags/room filled with hidden Russia Gate files, including the Durham annex, and declassified them.”

The declassified annex to a report from former special counsel John Durham, whose team investigated the FBI’s actions and found that the full probe was based on unverified intelligence, was released in July by Sen. Chuck Grassley (R-Iowa). It showed that the FBI did not adequately review reports showing the Clinton campaign may have been promoting a false narrative connecting Trump to Russia, Grassley said at the time.

Clinton’s office has not commented on the annex. Robby Mook, Clinton’s 2016 campaign manager, has said he believed that work done by the international law firm Perkins Coie, which paid the dossier author, “was done for the purpose of providing legal services and legal advice” to the campaign.

During a hearing in September, Rep. Scott Fitzgerald (R-Wis.) asked Patel why somebody would place documents related to the investigation into the FBI’s probe of Donald Trump and Russia in burn bags.

Patel said he could not comment on the case because it was ongoing.

“In general terms ... a burn bag is what you use to put classified documents into, generally, because that is literally how you destroy them,” he said.

Patel told The Epoch Times that “when the United States government and agency heads want things to disappear and want things to be buried and hidden, they know how to do it.”

“But what they didn’t count on was President Trump winning, him electing leadership across the United States government to say, ‘Go, find out how they corrupted and weaponized law enforcement,’ and that’s what we did—that’s what we’re doing; that’s how we found it, and we’re going to continue to expose it.”

Patel said the FBI is working with partners in Congress to release documents, including those relating to the Department of Justice investigation into Trump for alleged unlawful interference with the transfer of power after the 2020 election, which involved obtaining records from senators’ phones.

While investigations are ongoing, “we are going to have full accountability and we are going to have full transparency for the American public,” he said.

Tyler Durden Sat, 11/29/2025 - 15:10

"Intense Solar Radiation" Corrupted A320 Flight Systems, Airbus Rushes Emergency Update

Airbus warned Friday that "intense solar radiation" may have corrupted critical flight data in an incident involving an A320 narrow-body aircraft. While the company did not disclose which flight was affected, it was likely last month's JetBlue Flight 1230, which suddenly dropped in altitude while en route from Newark to Cancun.

Airbus issued an Alert Operators Transmission to all airlines operating A320 Family aircraft, warning that an urgent fix is required.

The company believes this is the first time this specific problem has emerged in its fleet and says it has "proactively worked with aviation authorities… keeping safety as our number one and overriding priority," according to CNN.

"Airbus acknowledges these recommendations will lead to operational disruptions to passengers and customers," Airbus wrote in a statement. 

Airbus told CNN on Saturday that most of the narrow-body aircraft can be repaired in a matter of hours by simply reverting to the previous software. It said about 900 older aircraft would need more complicated fixes. 

Here's more from the report:

American Airlines has about 209 of the aircraft which need to be updated, less than the 340 it had earlier predicted, according to a statement from the airline.

. . .

Delta Air Lines said fewer than 50 of its A321neo aircraft will be impacted and the work should be complete by Saturday morning.

. . .

JetBlue, which operates a fleet mostly made up of A320 and A321 aircraft, did not say how many of their planes needed to be fixed, but told CNN in a statement it has already started repairs.

. . .

Southwest Airlines does not have any of the impacted aircraft. Meanwhile, in the Asia-Pacific, Jetstar Airways Australia, Air New Zealand, IndiGo and Air India Express have also taken precautionary measures. 

At cruising altitude, commercial jets are exposed to 100 to 300 times more solar radiation than at ground level, and a major solar storm can push that even higher.

High-energy particles can disrupt modern avionics processors, including corrupting memory or causing a logic error. While Airbus hasn't specified which exact flight systems were affected, here are the likely candidates:

• Flight Control Primary Computers (FCPCs)

• ADIRUs (Air Data & Inertial Reference Units)

• FADEC engine control

• Autopilot & flight director

• Fly-by-wire actuator command modules

Latest space weather events:

• Blue Origin Rocket Launch Halted After Earth Slammed By "Cannibal" CME

Airbus' warning is an unusual confirmation of space weather risk to the modern economy...

•  Solar Storms Can Devastate Entire Civilizations.

• The Next Big Geomagnetic Storm Poses An Astronomical Risk To Modern Man

... something we've warned about for years. 

Tyler Durden Sat, 11/29/2025 - 14:35

At the Calculated Risk Real Estate Newsletter this week:

Click on graph for larger image.

• Case-Shiller: National House Price Index Up 1.3% year-over-year in September

• FHFA Announces Baseline Conforming Loan Limit Will Increase to $832,750 in 2026

• Fannie Mae Multi-Family Delinquency Rate Highest Since Housing Bust (ex-pandemic)

• Freddie Mac House Price Index Up 1.0% Year-over-Year in October

• Every Housing Down Cycle is "unhappy in its own way"

This is usually published 4 to 6 times a week and provides more in-depth analysis of the housing market.

Trump Did It: Wasserman Schultz Accuses The President Of Causing The Shooting Of National Guard Members

Authored by Jonathan Turley,

Rep. Debbie Wasserman Schultz (D-FL) has long performed a key role for many on the left. When there is an argument barred by decency or decorum, Wasserman Schultz is happy to make it, from attacking journalists in her defense of censorship to attempting to rig an election and bar Republicans from ballots as part of her defense of democracy. However, on Friday, the Florida representative set a new low in American politics: attempting to assign some of the blame for the shooting of two National Guardsmen on President Donald Trump.

On CNN’s “News Central,” Rep. Wasserman Schultz declared that

“This is a deeply concerning situation, but, you know, it’s one that I think we have to — it begs the question, would an individual have flown across the country to target law enforcement officers in Washington, D.C.? And, I mean, the answer is likely no. So why wasn‘t the president‘s first thought, ‘Wow, you know, maybe I should reconsider deploying military troops in the nation‘s capital or in any city?’ Particularly not when they haven‘t coordinated closely with the leadership of these cities and when we have law enforcement that are quite capable of handling the criminal justice issues that are — that we need law enforcement to focus on, and not our military.”

There is a good-faith debate over the deployment of National Guard personnel in cities. However, the mayor of Washington, D.C., has worked with the Administration on that deployment, and crime has fallen in the Capitol. They have been coordinating with the city.

Nevertheless, Wasserman Schultz pressed on:

“I just think, you know, the president looks everywhere except inward to blame his own policies. We need to make sure that we don‘t have our military deployed in our cities, doing — handling law enforcement responsibilities. And we need to make sure that we address gun violence. We certainly need to make sure we always have the proper and appropriate and tight, tight vetting processes, and those should be reviewed. But it‘s never the president‘s fault or his policies when it comes to his reaction, and it’s pretty disgusting.”

D.C. has some of the strongest gun control measures in the nation. Moreover, this is a crime committed with a handgun brought from another area with strong gun control, Washington State.

Wasserman Schultz is also assuming that it was the deployment that motivated the shooter, Rahmanullah Lakanwal, a 29-year-old Afghan national. Lakanwal entered the U.S. on September 8, 2021, under Operation Allies Welcome, a program established by former Democratic President Joe Biden after the U.S. military withdrawal from Afghanistan in August 2021.

The father of slain Guardsman Staff Sgt. Darin “Taylor” Hoover blamed the “feckless Biden Administration” for the death of his daughter the day of Wasserman Schultz’s statement.

Wasserman Schultz, however, does not blame former President Biden for Lakanwal’s presence in the United States. (Lakanwal, a former member of a CIA unit in Afghanistan, was reportedly granted asylum under the Trump Administration in April).

Investigators are still working to discover the motive of Lakanwal for murdering one soldier and critically wounding another. However, Wasserman Schultz feels entirely comfortable in suggesting that it was the deployment of the Guard in cities over Democratic objections. Of course, a few other possibilities come to mind. First, it could be an act of religious-based terrorism. Second, it could be an act of mental illness. Third, it could be a personal grievance with the U.S. government.

Killing soldiers in the nation’s Capitol can be appealing for any of these motivations or a combination of motivations. It is not obvious that someone travels across the country because this is where you can find personnel on the streets. After all, there are also troops deployed in other states closer to Washington state. There are also large bases in Washington state where military personnel are present in large numbers in public areas.

A shooter with any of these motivations could view the location as amplifying his grievances against the government. Wasserman Schultz seems to suggest that Trump is responsible for making troops targets due to the controversial use of the Guard and supplying targets for a terrorist.

The most important point for Wasserman Schultz is a familiar one: Trump did it.

Yet, blaming the deployment is like blaming the Republican members for the mass shooting at the 2017 softball field. After all, if they had not made themselves targets, James T. Hodgkinson would not have gone there. Hodgkinson, a former Bernie Sanders supporter, hated Republicans and would have found another gathering to carry out his murderous plan. In the same way, Lakanwal may have been on the hunt for any soldiers as a symbol of the United States in the Capitol.

The point is that we do not know. The effort to use this tragedy for political purposes is to dishonor the victims and capitalize on their deaths. Few would feel comfortable getting into the head of a homicidal madman without any evidence or support. However, that appears to be a unique skill set for Debbie Wasserman Schultz.

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Tyler Durden Sat, 11/29/2025 - 12:50

Trump Declares Airspace Above Venezuela "To Be Closed In Its Entirety"

President Trump said on Saturday on X that the airspace above and surrounding Venezuela will "be closed in its entirety." 

"To all Airlines, Pilots, Drug Dealers, and Human Traffickers, please consider THE AIRSPACE ABOVE AND SURROUNDING VENEZUELA TO BE CLOSED IN ITS ENTIRETY. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP," Trump wrote on X. 

To all Airlines, Pilots, Drug Dealers, and Human Traffickers, please consider THE AIRSPACE ABOVE AND SURROUNDING VENEZUELA TO BE CLOSED IN ITS ENTIRETY. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP

— Donald J. Trump (@realDonaldTrump) November 29, 2025

Earlier this month, the Federal Aviation Administration (FAA) warned pilots to "exercise caution" near Venezuela's airspace due to the "worsening security situation and heightened military activity.

The Pentagon has been deploying warships and other military assets in the Caribbean this year. The deployment centers around bolstering Hemispheric Defense, and the Trump administration has formally characterized Nicolás Maduro as the head of a terrorist organization and considers his government illegitimate. 

Joint Special Operations Command has ordered numerous airstrikes on speed boats carrying narcoterrorists. The intent is to stop drugs, destroy narco-boats, and kill the narcoterrorists that are part of a sophisticated network pumping drugs into America, resulting in the drug death overdose crisis that kills 100,000 Americans per year - one that the Biden-Harris regime ignored by opening borders to the third world. 

On Friday, Secretary of War Pete Hegseth dismissed fake news from corporate media about recent lethal kinetic strikes. 

Hegseth explained:

As usual, the fake news is delivering more fabricated, inflammatory, and derogatory reporting to discredit our incredible warriors fighting to protect the homeland.

As we've said from the beginning, and in every statement, these highly effective strikes are specifically intended to be "lethal, kinetic strikes." The declared intent is to stop lethal drugs, destroy narco-boats, and kill the narcoterrorists who are poisoning the American people. Every trafficker we kill is affiliated with a Designated Terrorist Organization.

The Biden administration preferred the kid gloves approach, allowing millions of people — including dangerous cartels and unvetted Afghans — to flood our communities with drugs and violence. The Trump administration has sealed the border and gone on offense against narcoterrorists. Biden coddled terrorists, we kill them.

Our current operations in the Caribbean are lawful under both U.S. and international law, with all actions in compliance with the law of armed conflict—and approved by the best military and civilian lawyers, up and down the chain of command.

Our warriors in SOUTHCOM put their lives on the line every day to protect the Homeland from narcoterrorists — and I will ALWAYS have their back.

As usual, the fake news is delivering more fabricated, inflammatory, and derogatory reporting to discredit our incredible warriors fighting to protect the homeland.

As we’ve said from the beginning, and in every statement, these highly effective strikes are specifically…

— Secretary of War Pete Hegseth (@SecWar) November 28, 2025

Hegseth followed the post with, "We have only just begun to kill narcoterrorists."

We have only just begun to kill narco-terrorists.

— Pete Hegseth (@PeteHegseth) November 28, 2025

What the U.S. airspace shutdown over Venezuela signals:

• Pressure Maduro into stepping down

• Or intent to collapse the Maduro regime

• Expectation of Russian/Iranian pushback

• Readiness to escalate militarily

Maduro and his circle would treat this as both an existential threat, and it remains to be seen how he would respond. We guess Trump's airspace announcement only suggests talks aren't going well.

Tyler Durden Sat, 11/29/2025 - 12:15

What Is Unaffordable?

Authored by Richard Lyons via American Greatness,

The new Democrat Party’s appeal to the public these days is that the failure of a free enterprise system has made America unaffordable and that all Americans need government help! This sort of emergency plea to the public has been made before.

In order to make housing more affordable in the early 2000s, Fannie and Freddie Mac, US government mortgage guarantor companies, began pressuring mortgage lenders to widen their rules for mortgage lending, even to include NINJA loans—No Income, No Job, No Problem—for purchasing real estate properties; then Fannie and Freddie married that expansion with marketing Adjustable Rate Mortgages, which would float according to Federal Reserve rates.

The outcome was the real estate and stock market crash of 2008. Since then, between 2009 and 2016, the fed rate was kept arbitrarily low at .75%, which inflated real estate prices; from 2020 to 2022, the fed rate was pushed down again to .25%, with the result of further increasing the average home price from $220,900 in 2010 to $420,000 in 2024. At the same time, the Federal Reserve has pushed up interest rates to 5.5%, so the average American has to pay more and borrow at higher rates for real estate, thanks to the government’s interventions to make housing more affordable.

During the Obama presidency, there was a grand push to make a university education more affordable; that is when the whole student loan industry was taken over by the federal government. In 2010, the total US student loan debt was $772 billion; today, the total debt is $1.750 trillion.

The average student graduating today carries $30,000.00 in debt. The average price of a university education has risen from $20,000 in 2010 to $31,000 per year today, or 59% higher since the Democrat Party took over the US university financing system. The average college education costs $120,000 these days; that does not sound affordable. It sounds like every single student needs a loan…

In the mid-1960s, the Democrat Party dominated Washington, D.C., and as part of the Great Society, decided to make healthcare (you got it!) more affordable.

With that, Medicare was created at an initial cost of $3 billion in 1967. Since 1967, the cost of Medicare has increased 370X, to an annual cost to the taxpayers of $1.12 trillion per year. Medicaid began as a $1 billion program and has since increased to $909 billion per year today. Even with this government control and expenditure, the average cost per capita is $13,432 per year, compared to the average cost per capita of other developed nations of $7,393. Aren’t costs supposed to go down or remain stable when the government creates affordability?

Even with the government’s control and expenditure, by 2010, healthcare in America was still deemed “unaffordable” to the Democrat Party. In answer to the problem, the Obama administration created the Affordable Care Act, which went into effect in 2014. In 2013, the average consumer paid $232 for their monthly premium, with an average deductible of $2,425. Today, that same consumer must pay $621/month or $7,452/year while having $6,000 in deductibles. Premiums and deductibles are expected to increase by 25% again in 2026. The Affordable Care Act is becoming more unaffordable by the day.

In 2020, the Biden administration decided the Earth could not afford the use of fossil fuels any longer, so it began an all-out effort to strangle the fossil fuel industry through regulations and executive orders that made land leases and drilling unaffordable, giving rise to a 38% inflation spike in the costs of energy products.

Inflating the costs of energy affects literally everything in an economy that is produced, warehoused, or delivered: think of the factories and machines that do the manufacturing, the warehouse heating or cooling needed to store product, and the ships, trains, and trucks needed to get product to the stores, then what about the light, heat, and refrigeration… Strangling the energy sector of an economy creates a gusher of inflation affecting every single product from fruits and vegetables to meats and dairy. During Biden’s administration, inflation rose 20%.

An inflation rate of 20% also means that every person who had put away savings of $100,000 by 2020 was worth $80,000 by 2024.

Midway through Biden’s term, the administration passed the Inflation Reduction Act, which pushed trillions of dollars into green energy “investments” and expansions of healthcare payouts, none of which helped to reduce inflation.

It turned out to be just another Democrat act that neither the taxpayer nor the consumer could afford.

Now we have the new mayor of New York, claiming that socialist policies will make life more “affordable” by taking over rental properties, grocery stores, transportation lines, and utility companies.

The fact is, the Democrats create our nation’s unaffordability problems by advancing (quasi-socialist) government control of energy, healthcare, education, finance, and housing sectors. And then Democrats propose to solve the problems their policies create with the solution of the government taking the same sectors over entirely through socialism.

What has proven to be unaffordable for over half a century in this country is pseudo-socialism. Apparently, the Democrat Party believes in the aspiration of advancement through failure. We, as voters, need to let the Democrats know we understand and reject their policy failures.

What is no longer affordable are Democrat policies that pervert the virtuous American free enterprise system, which has been the cornerstone of this nation’s prosperity since its founding.

Tyler Durden Sat, 11/29/2025 - 11:40

Bessent Set To Pull The Plug On Federal Benefits For Illegal Aliens

Under President Trump's direction, Treasury Secretary Scott Bessent is "working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens." 

"Treasury announced that it will issue proposed regulations clarifying that the refunded portions of certain individual income tax benefits are no longer available to illegal and other non-qualified aliens, covering the Earned Income Tax Credit, the Additional Child Tax Credit, the American Opportunity Tax Credit, and the Saver’s Match Credit," Bessent wrote late afternoon on Friday. 

At @POTUS @realDonaldTrump's direction, we are working to cut off federal benefits to illegal aliens and preserve them for U.S. citizens.@USTreasury announced that it will issue proposed regulations clarifying that the refunded portions of certain individual income tax benefits… https://t.co/pn2MXoxDHC

— Treasury Secretary Scott Bessent (@SecScottBessent) November 28, 2025

Bessent's move to cut federal benefits to illegal aliens comes hours after President Trump's lengthy X post that describes a national crisis driven by nation-killing open borders. Trump claims there are 53 million foreign-born residents, many of whom supposedly rely heavily on welfare and contribute to rising social dysfunction such as crime, school failures, hospital strain, housing shortages, and deficits. 

A very Happy Thanksgiving salutation to all of our Great American Citizens and Patriots who have been so nice in allowing our Country to be divided, disrupted, carved up, murdered, beaten, mugged, and laughed at, along with certain other foolish countries throughout the World,…

— Donald J. Trump (@realDonaldTrump) November 28, 2025

"A migrant earning $30,000 with a green card will get roughly $50,000 in yearly benefits for their family. The real migrant population is much higher. This refugee burden is the leading cause of social dysfunction in America, something that did not exist after World War II (Failed schools, high crime, urban decay, overcrowded hospitals, housing shortages, and large deficits, etc.)," the president said. 

The failures of the Democratic Party are piling up, and the consequences are growing, spanning fraud, terrorism, and rising public outrage:

• Trump Ends TPS For Somalis In Minnesota After Explosive Report Reveals Welfare Fraud Network Funding Overseas Terror

• Trump Pushes 'Reverse Migration' As National Guard Member Dies Following Potential DC 'Terrorist' Attack

Don’t stop at cutting off funding to illegal aliens. It’s time for Bessent’s team to go after the dark-money billionaire-funded NGOs and leftist activist groups that helped facilitate the nation-killing migrant invasion. 

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Tyler Durden Sat, 11/29/2025 - 11:05

Europe's New Thought-Policing 'Chat Control' Legislation Nudges Forward

Authored by Christina Comben via CoinTelegraph.com,

Representatives of European Union member states reached an agreement on Wednesday in the Council of the EU to move forward with the controversial “Chat Control” child sexual abuse regulation, which paves the way for new rules targeting abusive child sexual abuse material (CSAM) on messaging apps and other online services.

“Every year, millions of files are shared that depict the sexual abuse of children… This is completely unacceptable. Therefore, I’m glad that the member states have finally agreed on a way forward that includes a number of obligations for providers of communication services,” said Danish Minister for Justice, Peter Hummelgaard.

The deal, which follows years of division and deadlock among member states and privacy groups, allows the legislative file to move into final talks with the European Parliament on when and how platforms can be required to scan user content for suspected child sexual abuse and grooming.

The existing CSAM framework is set to expire on April 3, 2026, and is on track to be replaced by the new legislation, pending detailed negotiations with European Parliament lawmakers.

EU Chat Control laws: What’s in and what’s out

The EU’s efforts to make scanning of private messages compulsory suffered a setback earlier this month, when mandated client-side scanning was removed from the latest proposal draft. Wording was also added to ensure that providers were not unduly burdened with detection obligations:

“Nothing in this Regulation should be understood as imposing any detection obligations on providers.”

In its latest draft, the EU Council keeps the core CSAM framework intact, but service providers would also have to cooperate with a newly established EU Centre on Child Sexual Abuse to support the implementation of the regulation.

While the latest EU Council text removes the explicit obligation of mandatory scanning of all private messages, the legal basis for “voluntary” CSAM detection is extended indefinitely.

A compromise that satisfies neither side

To end the Chat Control stalemate, a team of Danish negotiators in the Council had worked to remove the most contentious element: the blanket mandatory scanning requirement. Under previous provisions, end-to-end encrypted services like Signal and WhatsApp would have been required to systematically search users’ messages for illegal material.

Still, it’s a compromise that leaves both sides feeling shortchanged. Law enforcement officials warn that abusive content will still lurk in the corners of fully encrypted services, while digital rights groups argue that the deal still clears the way for broader monitoring of private communications and for mass surveillance, according to a Thursday Politico report.

Lead negotiator and chair of the Committee on Civil Liberties, Justice and Home Affairs in the European Parliament, Javier Zarzalejos, urged both the Council and the Parliament to enter negotiations immediately. He stressed the importance of establishing a legislative framework to prevent and combat child sexual abuse online, while respecting encryption.

Source: Javier Zarzalejosj

“I am committed to work with all political groups, the Commission, and member states in the Council in the coming months in order to agree on a legally sound and balanced legislative text that contributes to effectively prevent and combating child sexual abuse online,” he said.

The Council celebrated the latest efforts to protect children from sexual abuse online; however, former Dutch Member of Parliament Rob Roos lambasted the Council for acting similarly to the “East German era, stripping 450 million EU citizens of their right to privacy.” He warned that Brussels was acting “behind closed doors,” and that “Europe risks sliding into digital authoritarianism.”

Telegram founder and CEO Pavel Durov pointed out that EU officials were exempt from having their messages monitored. He commented in a post on X, “The EU weaponizes people’s strong emotions about child protection to push mass surveillance and censorship. Their surveillance law proposals conveniently exempted EU officials from having their own messages scanned.”

Privacy on trial in broader global crackdown

The latest movement on Chat Control lands in the middle of a broader global crackdown on privacy tools. European regulators and law‑enforcement agencies have pushed high‑profile cases against crypto privacy projects like Tornado Cash, while US authorities have targeted developers linked to Samurai Wallet over alleged money‑laundering and sanctions violations, putting privacy‑preserving software into the crosshairs.

In response, Ethereum co‑founder Vitalik Buterin doubled down on the right to privacy as a core value. He donated 128 ETH each (about $760,000) to decentralized messaging projects Session and SimpleX Chat, arguing their importance in “preserving our digital privacy.”

Session president Alexander Linton told Cointelegraph that regulatory and technical developments are “threatening the future of private messaging,” while co-founder Chris McCabe said the challenge was now about raising global awareness.

Tyler Durden Sat, 11/29/2025 - 10:30

Ukraine Releases Footage Of Kamikaze Drone Boats Striking Russian Shadow-Fleet Tankers

Two Russia-linked "shadow fleet" tankers suffered sequential strikes on Friday in Turkey's Black Sea waters.

Preliminary reporting from Turkish authorities indicates both incidents resulted from external interference, consistent with a mine, drone, missile, or unmanned surface vessel.

By Saturday morning, Visegrád 24 circulated new footage from Ukraine showing explosive-laden kamikaze drone boats striking both tankers at the stern, rendering the vessels inoperable.

"Ukraine released videos of its naval drones striking two Russian shadow-fleet oil tankers off the Turkish Black Sea coast yesterday. The tankers were supposed to pick up oil in the Russian port of Novorossiysk," Visegrád 24 wrote on X, posting accompanying footage showing both attacks.

BREAKING:

Ukraine releases videos of their naval drones striking 2 Russian shadow fleet oil tankers off the Turkish Black Sea coast yesterday.

The tankers were supposed to pick up oil in the Russian port of Novorossiysk. pic.twitter.com/z6JqiyUwRd

— Visegrád 24 (@visegrad24) November 29, 2025

X account OSINTtechnical posted footage of tankers Kairos and Virat engulfed in fire.

Two Russian shadow fleet tankers were struck, and likely destroyed, north of the Bosporus while traveling to the Black Sea port of Novorossiysk today. pic.twitter.com/kSHjayydQq

— OSINTtechnical (@Osinttechnical) November 28, 2025

According to the OpenSanctions database, both Kairos and Virat are part of the Russian shadow fleet of tankers that were slapped with hefty Western sanctions following the 2022 invasion of Ukraine.

Ukraine and its Western allies have spent the past several years targeting Russia's oil and gas infrastructure with kamikaze aircraft and naval drones in an effort to pressure Moscow's finances. This campaign, accompanied by sanctions, has yet to financially collapse Russia.

Last week, Russian President Vladimir Putin and President Trump moved closer to outlining a fledgling peace plan to end the nearly four-year war, which has been little more than a meat grinder on both sides.

Tyler Durden Sat, 11/29/2025 - 09:55

Brussels Bends The Knee: EU Signs Off On Deep Tariff Cuts For American Goods

Authored by Tom Ozimek via The Epoch Times (emphasis ours),

European Union (EU) countries have endorsed sweeping tariff cuts for American farm and manufactured products, adopting negotiating mandates that move the bloc closer to eliminating all remaining duties on U.S. industrial goods and opening new preferential access for a broad range of American agricultural exports.

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, on July 16, 2025. Yves Herman /Reuters

The decision by the European Council, announced on Nov. 28, clears the way for talks with the European Parliament on two regulations that implement the tariff elements of the Aug. 21 EU–U.S. Joint Statement—an accord that aims to stabilize transatlantic trade ties, reduce tensions, and rebalance two-way commerce amid lingering disputes over metals, tariffs, and digital-sector rules.

The first regulation would zero out the EU’s remaining customs duties on U.S. industrial goods and establish new tariff-rate quotas and reduced tariffs for U.S. seafood and non-sensitive agricultural products, including a host of items identified in the joint statement—tree nuts, dairy, fruits and vegetables, processed foods, soybean oil, pork, bison meat, and planting seeds.

The second regulation would extend the bloc’s five-year duty suspension on live and frozen lobster past the July 2025 expiration date—and widen the scope to include processed lobster.

EU officials described the package as a major step toward restoring “stability and predictability” to the EU–U.S. trade relationship that accounts for 30 percent of global trade and roughly $2 trillion in goods and services annually, with mutual investment totaling $5.4 trillion in 2023.

The European Council’s Friday decision to endorse the two regulations comes in response to a late-August proposal by the European Commission to slash tariffs on U.S. industrial goods and extend preferential access for American seafood and non-sensitive agricultural products as required under the Aug. 21 trade deal.

Stronger Safeguards for Sensitive EU Sectors

While largely backing the European Commission’s proposal, EU governments added new protections for vulnerable domestic producers. The Council inserted a strengthened bilateral safeguard mechanism allowing the EU to respond quickly to import surges or evidence of injury caused by the expanded market access granted to U.S. exporters.

It also clarified rules-of-origin provisions to ease implementation and called on the commission to monitor the economic effects of the trade liberalization measures, with a report due by the end of 2028.

The lobster regulation passed without changes.

With the mandates now adopted, the EU will enter trilogue negotiations with the European Parliament, aiming for a final deal possibly early next year, reflecting Washington’s push for swift implementation of the August pact after months of friction over digital rules, metals tariffs, and a series of threatened U.S. duties on trucks, critical minerals, planes, and wind turbines.

The tariff moves are part of a broader realignment mapped out in the August agreement, a document officials on both sides have described as the most ambitious reset in EU–U.S. trade ties in two decades. Under the deal, the EU committed to eliminating all tariffs on U.S. industrial goods, expanding agricultural and seafood access, and extending the 2020 lobster agreement—while the United States set a 15 percent ceiling on most tariffs applied to EU goods.

Washington also agreed to roll back “Section 232” duties on EU autos and parts once the EU introduced its legislative proposals; reduce tariff exposure for items such as aircraft, cork, and generic pharmaceuticals; and limit Section 232 tariffs on sectors including pharmaceuticals, semiconductors, and lumber.

The U.S. tariffs on steel and aluminum—set at 50 percent—remain unchanged, though both sides have pledged to explore joint solutions to global steel overcapacity, including possible tariff-rate quotas.

The framework also extends beyond tariffs, covering digital trade, non-tariff barriers, energy supply, critical minerals, defense procurement, and standards cooperation. The EU has committed to purchase $750 billion in U.S. natural gas, oil, and nuclear products through 2028, plus at least $40 billion in U.S.-made AI chips for European computing centers. EU companies also plan to invest another $600 billion in the United States through 2028.

Tyler Durden Sat, 11/29/2025 - 09:20

Special Note: There is still uncertainty on when some economic reports will be released. The employment report for November will NOT be released this week.  Items listed in RED have not been announced and will likely not be released this week.
The key reports this week are the November ISM manufacturing index and November vehicle sales.

----- Monday, December 1st -----
10:00 AM: ISM Manufacturing Index for November.  The consensus is for 48.6%, down from 48.7%.

10:00 AM: Construction Spending for October. 

8:00 PM: Speech, Fed Chair Jerome Powell, Brief Remarks and Panel Discussion with Michael Boskin and Condoleezza Rice on George Shultz and his Economic Policy Contributions At the Hoover Institution’s George P. Shultz Memorial Lecture Series: George Shultz and Economic Policy, Stanford, Calif.

----- Tuesday, December 2nd -----
TAll day: Light vehicle sales for November.

The consensus is for 15.4 million SAAR in November, up from 15.3 million SAAR in October (Seasonally Adjusted Annual Rate).

This graph shows light vehicle sales since the BEA started keeping data in 1967. 
The dashed line is the current sales rate.

----- Wednesday, December 3rd -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:15 AM: The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 20,000 jobs added, down from 42,000 in October.

9:15 AM: The Fed will release Industrial Production and Capacity Utilization for October.

This graph shows industrial production since 1967.

The consensus is for no change in Industrial Production, and for Capacity Utilization to decrease to 77.3%.

10:00 AM: the ISM Services Index for November.  The consensus is for 52.1, down from 52.4.

----- Thursday, December 4th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 218,000, up from 216,000 last week.

----- Friday, December 5th -----
10:00 AM: Personal Income and Outlays for September. The consensus is for a 0.4% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.2% (up 2.9% YoY).

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for December).

Ukrainian Prosecutors Handling More Than 300,000 Desertion Cases

Authored by Andrew Corbley via AntiWar.com,

A Ukrainian MP recently made an unsubstantiated claim that there were 400,000 open and ongoing cases of desertion from the Ukrainian military since the invasion by the Russian Federation in 2022. It may have been hyperbole, or they may have had a source in the judiciary.

However, the General Prosecutor’s office wrote to the New Voice of Ukraine in early November that 310,000 criminal cases related to unauthorized absence from a military unit or place of service (AWOL) and desertion are currently registered, 162,000 of which came just this year. There have been over 21,000 desertions in October 2025 alone, claims journalist and former lawmaker Ihor Lutsenko – now commander of a Ukrainian drone unit.

"This is a record. A very bad record. Every two minutes, someone runs away from our army. By the time you finish reading this post, another soldier will have put on skis. Ukraine will be weaker by one defender, and the enemy will become stronger by one," he wrote, according to the New Voice. He stressed that these are just official figures, and that the real number is only likely to be higher.

File image, via War on the Rocks

Suddenly, the widely dismissed total of 400,000 doesn’t seem impossible, and if a Ukrainian soldier downs his tools every 2 minutes, it leaves quite a lot of time for 400,000 to be reached by the end of the year.

The news comes as a 28-point plan for a lasting peace (later condensed to 19 points) in Ukraine was recently proposed by the Trump Administration in an effort to capitalize on talks with Vladimir Putin held during a summit in Alaska, and to bring the Ukrainians back to the table. Both Putin and his Foreign Minister Sergei Lavrov have admitted that within the proposed plan points lies the framework discussed between the leaders in Anchorage without actually endorsing it. Both also acknowledged the "long pause" between the summit and the completion of this new document.

On the other hand, Russian envoy Kirill Dmitriev told Axios, that published a full version of the agreement last Thursday, that he was "optimistic" and that "we feel the Russian position is really being heard".

Military analysts skeptical of the Ukrainian army’s ability to withstand Russia for much longer have said that Russia will never agree to the US plan; they apparently include existing deal-breakers, and new demands including that Russia and Ukraine must implement tolerance and anti-racism education programs towards other nations and ethnic groups. The plan would give Ukraine a security guarantee akin to NATO membership, while also barring through constitutional amendment an attempt by Ukraine to join NATO.

Ukrainian President Volodymyr Zelenskyy could visit Trump at the White House in the next few days "to complete final steps and make a deal," according to Ukraine’s national security chief. Meanwhile, US Army Secretary Dan Driscoll was recently in talks with Russian officials in Abu Dhabi.

One of the initial 28 points states that the Ukrainian armed forces must be limited to 600,000 soldiers, and Axios claimed the current strength to be 800,000, citing official sources. Ukrainian war correspondent Yuri Butusov put the number of Ukrainian war dead at 70,000 at the end of 2024 based on public notifications to next of kin. Conflicts of a similar nature to this have produced a 1-3 wounded-killed ratio, so it’s reasonable to assume some 300,000 killed and wounded since the start of the war.

If a number greater than 310,000 and lower than 400,000 have already fled, and 300,000 have become casualties, the idea that Ukraine maintains an 800,000-man army beggar's belief.

Tyler Durden Sat, 11/29/2025 - 08:10

France Launches New Military Service Plan To Counter Supposed Russian Menace

Amid persistent confrontationalist rhetoric and determination to prolong the West's proxy war against Russia in Ukraine, French President Emmanuel Macron on Thursday announced a new avenue of voluntary military service for 18- and 19-year olds with the goal of gradually bolstering both active duty and reserve strength. In a critical sweetener for would-be recruits who are wary of dying in Ukraine, those who enlist under the new program will only serve in the French mainland and French territories abroad.   

Macron announced the new voluntary service plan for 18- and 19-year-olds at the the Varces military base in the French Alps (Thomas Padilla, Pool Photo)

“A new national service is set to be gradually established, starting from next summer,” said Macron in a speech delivered at the Varces military base in the French Alps. Under the program, the 18- and 19-year-old volunteers will receive a month of training, followed by nine months of service in a unit. After that, they'll be assigned to a reserve unit with the idea that they'd start a civilian career or take the next step in their education. The scheme will go live next summer with an initial round of 3,000 young volunteers, ramping up to 10,000 by 2030 and 50,000 a year by 2035.  France hasn't drafted soldiers since 1996, and Macron says there's no intention to restart conscription. 

When discussing the new service scheme, Macron has also stressed that he isn't creating a conveyor belt that will carry French troops into Russia's Ukraine meat grinder. “We must, in any case, immediately dispel any confusion that we are going to send our young people to Ukraine,” Macron said earlier this week. “That’s not at all what this is about.”

Recruits into the new program will be assured they'll serve only in mainland France and overseas territories, unlike these French troops in Afghanistan in 2008 

The move comes as French and other European leaders are claiming Russia may be on course to attack NATO countries in the not-too-distant future. “Unfortunately, Russia today, based on the information I have access to, is preparing for a confrontation with our countries by 2030," said French army Chief of Staff Fabien Mandon last week. "It is organizing itself for this, it is preparing for this, and it is convinced that its existential enemy is NATO.” Similarly, German Foreign Minister Johann Wadephul on Tuesday wrote, "Putin eyes the EU and NATO. Our intelligence services are issuing urgent warnings: at the very least, Russia is creating the option for itself to wage war against NATO by 2029." 

“It’s good, it’s a difficult path,” Retired Gen. Jean-Paul Paloméros, a former head of the French Air Force, told AP, referring to the fact that training and equipping the new troops would require higher spending and create new demands on existing resources. “But nevertheless I think it was needed somewhere to make sure that the young generations understand that freedom and peace are not taken for granted and it doesn’t come as a free lunch.”

President Macron, pictured here in a 2018 visit to the French Caribbean island of Saint-Martin, says the new troops won't be sent to Ukraine (Reuters via BBC)

The French move is part of rising militarism across NATO's European member states. Poland has started its own voluntary service program, with a goal of training 100,000 service members a year starting in 2027. Earlier this month, we covered Germany's moves toward potentially reinstating military conscription, which the country abandoned in 2011. The initial steps center on mandatory questionnaires and medical exams that will feed a database detailing each young man's fitness, aptitude and willingness to serve. 

Promoting the new French avenue of military service, Macron stoked fears that Russia is keen on marching into Paris. “The day that you send a signal of weakness to Russia — which for 10 years has made a strategic choice to become an imperial power again, that’s to say advance wherever we are weak — well, it will continue to advance,” Macron told RTL last week. As is the standard for leaders of NATO countries, Macron's rhetoric is pure gaslighting, as NATO's own empire-building set the stage for the ongoing war in Ukraine.  

Tyler Durden Sat, 11/29/2025 - 07:50

Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.

We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.