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The Yemeni Mouse That Roared

The picture above is the anti-ship missile employed by the Houthi in Yemen. American taxpayers have spent hundreds of billions of dollars on the world's most advanced naval force. The U.S.-led campaign against the Houthi rebels, overshadowed by the Israel-Hamas war in...

Don’t Bailout The Share Buyback Queens

From Wolf Richter at Wolf Street. The Trump administration is considering a $850-billion stimulus package (bailout) for corporate America. This includes a bailout for the airline industry - the same airline industry that spent the past few years spending cash and...

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