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šŸ¦œ Edward Dowd / @DowdEdward

@nitter.poast.org.dowdedward@rss-parrot.net

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Posts: 55

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RT by @DowdEdward: Goldman Quietly Admits Half The S&P's "Record" Earnings Growth Is Just Big Tech Marking Up Its Own Stock Portfolio https://www.zerohedge.com/markets/goldman-quietly-admits-half-sps-record-earnings-growth-just-big-tech-marking-its-own-stock

https://nitter.poast.org/zerohedge/status/2085447089861902549#m

Published: August 6, 2026 19:25

Goldman Quietly Admits Half The S&P's "Record" Earnings Growth Is Just Big Tech Marking Up Its Own Stock Portfolio zerohedge.com/markets/goldmaā€¦

RT by @DowdEdward: What could go wrong? šŸ‘‡šŸ¼ ā€œStanford University researchers developed a generative AI programme called Evo 2 that writes new genomes ā€” the genetic instructions for life encoded in DNA. They used it to design and make 16 synthetic phages, small viruses that infect bacteria.ā€ https://www.ft.com/content/5ab33fb4-2636-4bb0-aa0e-3da6a8f71838?syn-25a6b1a6=1

https://nitter.poast.org/MauiBoyMacro/status/2085446706947305711#m

Published: August 6, 2026 19:23

What could go wrong? šŸ‘‡šŸ¼ ā€œStanford University researchers developed a generative AI programme called Evo 2 that writes new genomes ā€” the genetic instructions for life encoded in DNA. They used it to design and make 16 synthetic phages, small viruses thatā€¦

New Substack: The US Monetary Authority Yen Intervention Does Not Fix Japan's Underlying Structural Issues ā€œThe move is a temporary Band-Aid at best and sharp yen strength can historically trigger carry-trade unwinds and risk-asset volatility, but it does not fix Japanā€™s structural debt or rate differentials. The Fed, BOJ and Treasury are walking a tightrope.ā€https://substack.com/@eddowdbeyondthenarrative/note/p-210004208?r=12542m&utm_medium=ios&utm_source=notes-share-action

https://nitter.poast.org/DowdEdward/status/2085376738088096127#m

Published: August 6, 2026 14:45

New Substack: The US Monetary Authority Yen Intervention Does Not Fix Japan's Underlying Structural Issues ā€œThe move is a temporary Band-Aid at best and sharp yen strength can historically trigger carry-trade unwinds and risk-asset volatility, but it doesā€¦

RT by @DowdEdward: We got played. Fauci was yelled at in the Senate then they turned around and approved Covid shot pusher Erica Schwartz as CDC Director and the FDA approved the mRNA flu shot. Senators Moreno & Paul, who I like a lot, voted Yea and the margin was 2 votes. https://www.cnn.com/2026/08/05/health/erica-schwartz-senate-vote

https://nitter.poast.org/uTobian/status/2085219336084762722#m

Published: August 6, 2026 04:20

We got played. Fauci was yelled at in the Senate then they turned around and approved Covid shot pusher Erica Schwartz as CDC Director and the FDA approved the mRNA flu shot. Senators Moreno & Paul, who I like a lot, voted Yea and the margin was 2 votes. ā€¦

RT by @DowdEdward: When a casual dining restaurant's printed menu uses the phrase "market price" for menu items like chicken wings and adding proteins to a salad, there is an affordability problem. Denying this is economic sophistry.

https://nitter.poast.org/FatherNaugle/status/2085135003483001161#m

Published: August 5, 2026 22:44

When a casual dining restaurant's printed menu uses the phrase "market price" for menu items like chicken wings and adding proteins to a salad, there is an affordability problem. Denying this is economic sophistry.

Wellā€¦when you put it that way!

https://nitter.poast.org/DowdEdward/status/2085114043455651890#m

Published: August 5, 2026 21:21

Wellā€¦when you put it that way! Toby Rogers (@uTobian) Every step was designed to inflict maximum harm: ā€¢ Splicing HIV into a coronavirus. ā€¢ Blocking access to hydroxychloroquine and ivermectin. ā€¢ Removing NAC from Amazon and supermarket shelves. ā€¢ Noā€¦

RT by @DowdEdward: Spot on šŸ‘‡ Sec Bessent is saying what most of Wall Street already knows but wonā€™t admit: the era of Fed whisperers masquerading as analysts has hollowed out real market thinking. For years, asset prices werenā€™t driven by fundamentals, they were driven by interpretation of carefully leaked signals, trial balloons, and selective ā€œguidanceā€ fed to a handful of well-connected reporters. That isnā€™t price discovery; itā€™s narrative management. When journalists become conduits for policy hints instead of interrogators of policy outcomes, markets stop analyzing and start front-running. Wall St stopped doing objective research, and relied on the Fed to spoon feed them. Wall St thus, never questioned the Keynesian dogma. Wall St became a lapdog for the Fed. The result is a generation of participants trained to decode tone shifts rather than evaluate capital allocation, productivity, or inflation dynamics. If the Warsh Fed is forcing that ecosystem to operate without a script, the discomfort youā€™re seeing isnā€™t dysfunction, itā€™s withdrawal. Markets that canā€™t function without being spoon-fed arenā€™t efficient. Theyā€™re dependent. A new era has begun and some of the cool kids on Wall St are upset. Let them!

https://nitter.poast.org/DrJStrategy/status/2085060860477595928#m

Published: August 5, 2026 17:50

Spot on šŸ‘‡ Sec Bessent is saying what most of Wall Street already knows but wonā€™t admit: the era of Fed whisperers masquerading as analysts has hollowed out real market thinking. For years, asset prices werenā€™t driven by fundamentals, they were driven byā€¦

RT by @DowdEdward: One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJā€™s Nick Timiraos, reduced to reporting Fed backroom gossip because theyā€™re incapable of performing real economic or monetary policy analysis without being spoon-fed.

https://nitter.poast.org/SecScottBessent/status/2085016688223822214#m

Published: August 5, 2026 14:54

One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJā€™s Nick Timiraos, reduced to reporting Fed backroom gossip because theyā€™re incapable of performing real economic or monetary policy analysis withoutā€¦

The disaster that was the Fauci Covid era is permeating the culture despite MSM downplaying it.

https://nitter.poast.org/DowdEdward/status/2084432638941778287#m

Published: August 4, 2026 00:14

The disaster that was the Fauci Covid era is permeating the culture despite MSM downplaying it. Pat McAfee (@PatMcAfeeShow) "I'm pleading the Fifth šŸ˜‚šŸ˜‚ You've gotta be kidding me" ~ @AaronRodgers12 #PMSLive Video ā€”ā€¦

RT by @DowdEdward: Not good news.

https://nitter.poast.org/Cernovich/status/2084416181625291001#m

Published: August 3, 2026 23:08

Not good news. Rich Baris THE PEOPLE'S PUNDIT (@Peoples_Pundit) The forecasts are all starting to herd to the state of play I've honestly told you all it truly was, for MONTHS, not to mention what I told you correctly it would be if Trump andā€¦

RT by @DowdEdward: šŸ¦”David Dayen at The American Prospect just spelled out how the AI bailout is already built. Private equity firms like Apollo and KKR bought up life insurers over the last five years. Then they stuffed those insurers with risky loans to AI data centers and AI software companies. If one of those insurers goes under, state guaranty funds pay the policyholders, then bill other insurers to cover the loss, and in 44 states those insurers get a tax credit for what they paid. So the taxpayer eats it, and Congress never has to vote. My Take I've had this queasy feeling for months that the AI bailout mechanism was already there, ready to fire. This looks like it. Private equity built a machine that collects management fees off captive life insurer money, dumps the sketchy loans onto the insurer's balance sheet, and if the whole thing blows up, the state pays the policyholders and hands the other insurers a tax credit while the parent firm walks. That's how the plumbing already runs. Situational Awareness blew up last week, but that was one hedge fund and the damage stayed contained. If Apollo or KKR's insurance arm hits trouble because their AI data center loans go bad, we get 50 simultaneous state-level bailouts and Congress doesn't have to vote on any of it. I don't know if we'll get there. I do know the industry built the escape hatch before the fire started, and that usually means somebody expected the fire. HedgiešŸ¤— https://prospect.org/2026/08/03/ai-bailout-could-be-baked-into-bubble-private-equity-life-insurers-loans/

https://nitter.poast.org/HedgieMarkets/status/2084346809971794431#m

Published: August 3, 2026 18:32

šŸ¦”David Dayen at The American Prospect just spelled out how the AI bailout is already built. Private equity firms like Apollo and KKR bought up life insurers over the last five years. Then they stuffed those insurers with risky loans to AI data centers andā€¦

Massive coordinated Yen intervention announced this weekend. Traditionally large delta rapid strengthening of the yen has been associated with risk asset weakness especially global equities. So far this is a 5% down move in USD/JPY (yen strength) Rapid moves can sometimes cause the Yen carry trade to become more expensive and liquidations can occur. In August 2024 a 10% move provided some volatility especially in Japanese equities. The cooks are in the kitchen now and itā€™s a delicate meal they are preparing.

https://nitter.poast.org/DowdEdward/status/2084173302403309928#m

Published: August 3, 2026 07:03

Massive coordinated Yen intervention announced this weekend. Traditionally large delta rapid strengthening of the yen has been associated with risk asset weakness especially global equities. So far this is a 5% down move in USD/JPY (yen strength) ā€¦

RT by @DowdEdward: The Trump Administration delivers for America's trusted partners. Economic security is national security. And the U.S.-Japan alliance is built on both. Friday's coordinated foreign exchange actions countered disorderly yen movements. Treasury remains attentive and in close communication with our counterparts at MOF and BOJ. We will not hesitate to participate in further joint intervention. The FIMA Repo Facility is an important backstop. We would encourage it to be upsized in the coming months. We strongly support Japan's decisive market and monetary steps to correct the substantial undervaluation of the yen. The Takaichi government is moving into an exciting new phase of Abenomics, as nearly 15 years of powerful stimulus have created durable, robust underlying economic dynamics.

https://nitter.poast.org/SecScottBessent/status/2084051676801933622#m

Published: August 2, 2026 23:00

The Trump Administration delivers for America's trusted partners. Economic security is national security. And the U.S.-Japan alliance is built on both. Friday's coordinated foreign exchange actions countered disorderly yen movements. Treasury remainsā€¦

I want to highlight the confusion of this event. First many thought this was happening in Spain. Many viral posts were saying Spain and not a territory of Spain on the Continent of Africa. And second the below šŸ‘‡ answers the question ā€˜Why Now?ā€™

https://nitter.poast.org/DowdEdward/status/2083688143316988358#m

Published: August 1, 2026 22:55

I want to highlight the confusion of this event. First many thought this was happening in Spain. Many viral posts were saying Spain and not a territory of Spain on the Continent of Africa. And second the below šŸ‘‡ answers the question ā€˜Why Now?ā€™ Thomasā€¦

After listening to this clip below and if the premise is correct (I believe it is) then one should ask the question ā€œIf OpenAI goes public and folks get a look under the hood will that event itself unravel this trade?ā€ I would suggest there is 25% probability they donā€™t IPO.

https://nitter.poast.org/DowdEdward/status/2083312414981067245#m

Published: July 31, 2026 22:02

After listening to this clip below and if the premise is correct (I believe it is) then one should ask the question ā€œIf OpenAI goes public and folks get a look under the hood will that event itself unravel this trade?ā€ I would suggest there is 25%ā€¦

RT by @DowdEdward: Really appreciated Bloomberg having me on again to talk about the lie of AI - everyone's buying into the mag7 believing CapEx is going towards diverse AI demand, when all it's really doing is supporting the circular cloud revenues of two unprofitable, unsustainable AI labs.

https://nitter.poast.org/edzitron/status/2083310403744940156#m

Published: July 31, 2026 21:54

Really appreciated Bloomberg having me on again to talk about the lie of AI - everyone's buying into the mag7 believing CapEx is going towards diverse AI demand, when all it's really doing is supporting the circular cloud revenues of two unprofitable,ā€¦

Top responses to this dystopian AI parenting pitch. šŸ‘‡šŸ˜‚šŸ˜‚

https://nitter.poast.org/DowdEdward/status/2083309703560610016#m

Published: July 31, 2026 21:51

Top responses to this dystopian AI parenting pitch. šŸ‘‡šŸ˜‚šŸ˜‚ Sam Altman (@sama) cool use case of chatgpt work i heard last night: connect your family calendars and explain your kids' interests. every morning for the drive to school, have it make aā€¦

The financial influencer scam for FnTwit runs as follows. Create fake account engage with you and then move you over to WhatsApp. If you are talking to anyone on WhatsApp itā€™s not me or any other influencer on this platform.

https://nitter.poast.org/DowdEdward/status/2083300251407204821#m

Published: July 31, 2026 21:14

The financial influencer scam for FnTwit runs as follows. Create fake account engage with you and then move you over to WhatsApp. If you are talking to anyone on WhatsApp itā€™s not me or any other influencer on this platform.

Leopold Aschenbrenner vows to ā€˜fight another dayā€™ after fund plunges 67% in July https://www.ft.com/content/a0a5e3a7-c4e6-42a6-9a7b-a780422bcd76?syn-25a6b1a6=1

https://nitter.poast.org/DowdEdward/status/2083268958652940435#m

Published: July 31, 2026 19:09

Leopold Aschenbrenner vows to ā€˜fight another dayā€™ after fund plunges 67% in July ft.com/content/a0a5e3a7-c4e6ā€¦

By reshaped do you mean stuffing their balance sheets with opaque illiquid loans?

https://nitter.poast.org/DowdEdward/status/2083251057208254966#m

Published: July 31, 2026 17:58

By reshaped do you mean stuffing their balance sheets with opaque illiquid loans? Bloomberg (@business) PE has completely reshaped life insurance. bloomberg.com/news/articles/ā€¦ ā€” https://nitter.poast.org/business/status/2083143150973972656#m

RT by @DowdEdward: MacroEdge Radio #77 with Edward Dowd (@DowdEdward) Asia Risks, Macro, War, & More Catch it below on our YouTube ā¬‡ļø https://youtu.be/HMlGkX8zr6M?is=IA4CC8W2pmv-OgBU

https://nitter.poast.org/MacroEdgeRes/status/2083201812857815244#m

Published: July 31, 2026 14:43

MacroEdge Radio #77 with Edward Dowd (@DowdEdward) Asia Risks, Macro, War, & More Catch it below on our YouTube ā¬‡ļø youtu.be/HMlGkX8zr6M?is=IA4Cā€¦

The $SOX Peaked the next day after this post. Iā€™ll chalk that up to luck. šŸ¤£

https://nitter.poast.org/DowdEdward/status/2083021198062141749#m

Published: July 31, 2026 02:45

The $SOX Peaked the next day after this post. Iā€™ll chalk that up to luck. šŸ¤£ Edward Dowd (@DowdEdward) When commodities go parabolic itā€™s hard to know exactly when they end but they do end and margins collapse. The stock usually sniffs that out beforeā€¦

RT by @DowdEdward: CCC spreads are at their widest levels since the Liberation Day selloff in April 2025. The rest of high yield? Fine.

https://nitter.poast.org/junkbondinvest/status/2083000189913313699#m

Published: July 31, 2026 01:22

CCC spreads are at their widest levels since the Liberation Day selloff in April 2025. The rest of high yield? Fine.

RT by @DowdEdward: It is once again $AMZN earnings day, so let's dig in. They reported $62.6B in "profit" while burning cash; $53.4B of it is their Anthropic investment.

https://nitter.poast.org/QuinnyPig/status/2082922759961891280#m

Published: July 30, 2026 20:14

It is once again $AMZN earnings day, so let's dig in. They reported $62.6B in "profit" while burning cash; $53.4B of it is their Anthropic investment.

When it looks intentional it probably was intentional.

https://nitter.poast.org/DowdEdward/status/2082920726081024145#m

Published: July 30, 2026 20:06

When it looks intentional it probably was intentional. Toby Rogers (@uTobian) Every step was designed to inflict maximum harm: Splicing HIV into a coronavirus. Blocking access to hcq and ivm. Removing NAC from the shelves. No early treatment.ā€¦

Since the War started we have been publishing for free our CPI Headline y/y estimate. Our track record to date is below. Our preliminary estimating for July is 3% with consensus at 3.4% Given our pattern of under shoot and overshoot my gut says 3.2% which is still below consensus. If we are right on our estimate it gives Warsh political cover in a few weeks. Report coming soon.

https://nitter.poast.org/DowdEdward/status/2082891962601046307#m

Published: July 30, 2026 18:11

Since the War started we have been publishing for free our CPI Headline y/y estimate. Our track record to date is below. Our preliminary estimating for July is 3% with consensus at 3.4% Given our pattern of under shoot and overshoot my gut says 3.2%ā€¦

AI Fund Margin Call Leopold Aschenbrenner forced to unwind all of hedge fund's stock positions https://www.cnbc.com/2026/07/30/leopold-aschenbrenners-hedge-fund-is-facing-steep-ai-losses.html?__source=iosappshare%7Ccom.atebits.Tweetie2.ShareExtension

https://nitter.poast.org/DowdEdward/status/2082859321067794489#m

Published: July 30, 2026 16:02

AI Fund Margin Call Leopold Aschenbrenner forced to unwind all of hedge fund's stock positions cnbc.com/2026/07/30/leopold-ā€¦

RT by @DowdEdward: Just got a call. The White House is promising blanket pardons to everyone inside Trump Admin at the end of the term. That's why they have "paused" the Biden auto-pen investigation. They're hoping Democrats will honor the pardons. Yes, it's true.

https://nitter.poast.org/EmeraldRobinson/status/2082843643119870017#m

Published: July 30, 2026 14:59

Just got a call. The White House is promising blanket pardons to everyone inside Trump Admin at the end of the term. That's why they have "paused" the Biden auto-pen investigation. They're hoping Democrats will honor the pardons. Yes, it's true.

RT by @DowdEdward: JUST IN: FT confirms Leopold Aschenbrenner is in trouble after a historic tech drawdown. FT reports SALP has been in talks with existing investors and lenders to raise fresh capital after heavy losses in the AI rout. It also floated letting some investors buy assets straight out of the portfolio. His stated catalyst for the recovery is an Anthropic IPO. I don't know why a bunch of you were saying that "he hedged" with a small sleeve of puts you saw on the recent 13F. One of us.

https://nitter.poast.org/michaelsikand/status/2082675354448318949#m

Published: July 30, 2026 03:51

JUST IN: FT confirms Leopold Aschenbrenner is in trouble after a historic tech drawdown. FT reports SALP has been in talks with existing investors and lenders to raise fresh capital after heavy losses in the AI rout. It also floated letting someā€¦

RT by @DowdEdward: I just sent letters to former FDA officials and Anthony Fauci to appear voluntarily for transcribed interviews. The American people deserve answers, and I will issue subpoenas if they do not appear voluntarily.

https://nitter.poast.org/SenRonJohnson/status/2082610081888161971#m

Published: July 29, 2026 23:31

I just sent letters to former FDA officials and Anthony Fauci to appear voluntarily for transcribed interviews. The American people deserve answers, and I will issue subpoenas if they do not appear voluntarily.

Private Credit: Institutions are trying to pierce the opaque veil to assess their exposure. ā€œInterestingly, we've gotten interest from banks as well.ā€

https://nitter.poast.org/DowdEdward/status/2082601811597467950#m

Published: July 29, 2026 22:58

Private Credit: Institutions are trying to pierce the opaque veil to assess their exposure. ā€œInterestingly, we've gotten interest from banks as well.ā€ Unicus (@UnicusResearch) šŸšØšŸšØNew Product Alert: We are building a Private Credit Intelligence Mappingā€¦

The ratio here is amazing.

https://nitter.poast.org/DowdEdward/status/2082600673007505666#m

Published: July 29, 2026 22:54

The ratio here is amazing. Senator Dick Durbin (@SenatorDurbin) Dr. Fauci is a deeply caring physician, a brilliant scientist, an extraordinary public servant, a humanitarian, & a patriotā€”whose work has helped save tens of millions of lives. It is aā€¦

Watching the Democrats faun over Dr. Death is a stark reminder of how reprehensible these people areā€¦6 years later and this is still political. ā€œI hope the voters of the United States of America watch the clips of every one of you doting on a guy who is more interested in being a celebrityā€

https://nitter.poast.org/DowdEdward/status/2082592665854746688#m

Published: July 29, 2026 22:22

Watching the Democrats faun over Dr. Death is a stark reminder of how reprehensible these people areā€¦6 years later and this is still political. ā€œI hope the voters of the United States of America watch the clips of every one of you doting on a guy who isā€¦

Fauci invoked 5th amendment 111 timesā€¦what a circus.

https://nitter.poast.org/DowdEdward/status/2082551582252806232#m

Published: July 29, 2026 19:39

Fauci invoked 5th amendment 111 timesā€¦what a circus. Jeffrey A Tucker (@jeffreytucker) Tony Fauci invoked the Fifth Amendment 111 times during today's hearing but during Covid he was the voice that shredded the Bill of Rights. First Amendment Churchesā€¦

RT by @DowdEdward: So Fauci oversaw the funding & creation of a virus that primarily killed old & sick Americans (& people worldwide)... ...just as western Entitlement programs began acutely threatening the solvency of western sovereign bond markets? That is some coincidence, @RandPaul & @bennyjohnson.

https://nitter.poast.org/LukeGromen/status/2082519010625945905#m

Published: July 29, 2026 17:29

So Fauci oversaw the funding & creation of a virus that primarily killed old & sick Americans (& people worldwide)... ...just as western Entitlement programs began acutely threatening the solvency of western sovereign bond markets? That is someā€¦

RT by @DowdEdward: @brownstoneinst @RandPaul @SenRonJohnson I don't know the implications of his refusal to answer invoking the 5th, but it is absolutely SURREAL.

https://nitter.poast.org/JesslovesMJK/status/2082462828921860389#m

Published: July 29, 2026 13:46

@brownstoneinst @RandPaul @SenRonJohnson I don't know the implications of his refusal to answer invoking the 5th, but it is absolutely SURREAL.

R to @DowdEdward: While we donā€™t expect a hike our simple Fed model is right on the line. Itā€™s likely closer to a coin toss. 50/50

https://nitter.poast.org/DowdEdward/status/2082280002486415641#m

Published: July 29, 2026 01:40

While we donā€™t expect a hike our simple Fed model is right on the line. Itā€™s likely closer to a coin toss. 50/50

The worst month in 2000 was March which was the top for QQQs and $SPX It should be noted the market basically went sideways for six months until September. Then the real bear market began. The worst month in 2009 was April and is was basically the bottom.

https://nitter.poast.org/DowdEdward/status/2082265027390894559#m

Published: July 29, 2026 00:40

The worst month in 2000 was March which was the top for QQQs and $SPX It should be noted the market basically went sideways for six months until September. Then the real bear market began. The worst month in 2009 was April and is was basically theā€¦

Correct.

https://nitter.poast.org/DowdEdward/status/2082237238050779337#m

Published: July 28, 2026 22:50

Correct. Senator Ron Johnson (@SenRonJohnson) Itā€™s not just Fauciā€™s gain-of-function research that cost millions of American lives; the experimental COVID injections he forced continue killing and injuring many more. Video ā€”ā€¦

Unfortunately concur with this statement. Hope Iā€™m dead wrong.

https://nitter.poast.org/DowdEdward/status/2082235794639753332#m

Published: July 28, 2026 22:44

Unfortunately concur with this statement. Hope Iā€™m dead wrong. Five Times August (@FiveTimesAugust) Fauci isnā€™t actually going to jail for anything. Heā€™s 85 years old. His lifeā€™s work and the damage and death caused by it is done. And nobody rushed toā€¦

The Fed FOMC meeting decision is tomorrow. I am expecting no change to interest rates as is Wall Street and the betting markets. A rate hike would be a big surprise.

https://nitter.poast.org/DowdEdward/status/2082207072322748501#m

Published: July 28, 2026 20:50

The Fed FOMC meeting decision is tomorrow. I am expecting no change to interest rates as is Wall Street and the betting markets. A rate hike would be a big surprise.

RT by @DowdEdward: How the Fauci diaries were discovered. It was thanks to the doggedness of @SecKennedy who wrote an excellent book in 2021 "The Real Anthony Fauci" which stands the test of time. "It took us about 8 months to dig these out of 11 separate servers where they had been sequestered and secreted." There needs to be more of this drive for accountability across the administration.

https://nitter.poast.org/mirandadevine/status/2082108999911309571#m

Published: July 28, 2026 14:20

How the Fauci diaries were discovered. It was thanks to the doggedness of @SecKennedy who wrote an excellent book in 2021 "The Real Anthony Fauci" which stands the test of time. "It took us about 8 months to dig these out of 11 separate servers where theyā€¦

The Korean KOSPI index is down 10% in Asian trading hours. Down 35% since June 26th high. This what happens when the 2 biggest stocks are 50% of your index.

https://nitter.poast.org/DowdEdward/status/2081939600059371723#m

Published: July 28, 2026 03:07

The Korean KOSPI index is down 10% in Asian trading hours. Down 35% since June 26th high. This what happens when the 2 biggest stocks are 50% of your index.

In the 1975 Dystopian movie Rollerball, where corporate blocs ruled the world, the hero Jonathan discovers all books have been digitalized and edited to suit the narrative for the corporations. The movie timeline was set in the year 2018.

https://nitter.poast.org/DowdEdward/status/2081913665566220736#m

Published: July 28, 2026 01:24

In the 1975 Dystopian movie Rollerball, where corporate blocs ruled the world, the hero Jonathan discovers all books have been digitalized and edited to suit the narrative for the corporations. The movie timeline was set in the year 2018. Hedgieā€¦

RT by @DowdEdward: Confirmation of Anthropicā€™s BOOK BURNING for their AI: The Great Forgetting of the Amnesia Generation In the quiet warehouses and shipping docks of 2024, Anthropic did not merely train an AI. It staged a quiet erasure of human knowledge. While the public was still dazzled by Claudeā€™s fluent paragraphs and polished marketing emails, the companyā€™s engineers and logistics teams were busy executing Project Panamaā€”an internal campaign whose own documents announced the ambition to ā€œdestructively scan all the books in the world.ā€ The method was industrial and irreversible: buy the physical volume SOMETIMES THE LAST COPY, slice its SPINE with a hydraulic cutter, feed the pages through high-speed scanners, then pulp what remained. Millions of books: scientific research, novels, rare technical treatises, obscure monographs, volumes that had already survived wars, fires, and decades of handlingā€”were reduced to data tokens and then to wet mulch or burned. They literally burn the evidence of this crime against humanity. The company itself preferred the darkness. ā€œWe donā€™t want it to be known that we are working on this,ā€ the planning memos warned. A federal judge later blessed the slaughter. Because Anthropic had purchased the copies and then destroyed them, the court held, the act was ā€œtransformativeā€ fair use. Ownership plus obliteration equaled permission. The ruling handed every subsequent AI lab a legal license to treat the printed past as disposable feedstock. That license is now being exercised at industrial scale. In 2026, companies like ISBNdb openly market pre-2022 books as the last pure reservoir of human languageā€”text uncontaminated by the synthetic sludge that large language models themselves have already poured into the open web. Orders arrive for tens or hundreds of thousands of titles at a time. Non-disclosure agreements are standard. The preferred language is ā€œdigital preservation.ā€ The actual outcome is the same mechanical process Anthropic refined: spine cut, pages scanned, original shredded. Rare and near-unique copies are disappearing into the same pipeline. Booksellers across continents report sudden, strange bulk orders for specialized, low-demand titles that no ordinary collector would ever buy in volume. Once the pages are gone, they are gone forever. A website can be re-uploaded. A bestseller can be reprinted. The last three surviving copies of an eighteenth-century botanical text cannot. This is not progress. It is the Great Forgetting. An entire generation of machines is being taught to speak by consuming and then discarding the physical record of human thought. The companies that profit from the resulting fluency call the process necessary, legal, and even enlightened. They speak of curated knowledge and domain-specific expertise while the spines crack and the paper is carted away. Anthropic did not invent the hunger for data, but it demonstrated openly in private documents and then under court seal how far a well-funded laboratory was willing to go to satisfy it, and how readily the law would ratify the destruction. Just to gain a temporary AI benchmark advantage. The amnesia is already here. Future models will generate elegant sentences to beat Al sorts of tests about history, science, and literature. They will do so on the ashes of the books that once contained those sentences. The generation that built these systems will leave its children fluent machines and emptier shelves. That is the real product of Project Panama and its successors: not intelligence, but a carefully engineered cultural void, papered over with synthetic prose and non-disclosure agreements. We are left to forget to remember. We are The Amnesia Generation with our brains being put into a meat grinder and fed back to us.

https://nitter.poast.org/BrianRoemmele/status/2081734503719182676#m

Published: July 27, 2026 13:32

Confirmation of Anthropicā€™s BOOK BURNING for their AI: The Great Forgetting of the Amnesia Generation In the quiet warehouses and shipping docks of 2024, Anthropic did not merely train an AI. It staged a quiet erasure of human knowledge. While theā€¦