10 yr now down 6 bips to 4.42% + oil ready to break $70
Of course, we’re getting murdered worse than all of them.
What a joke.
ferrett @ 23:57
If robots replace humans in the workplace then how are humans going to live? I am not optimistic about the situation.
Maybe a UBI is instituted but then no one will have control over their own lives. The gov will be calling the shots.
Thank God he is almost gone…..
Starmer’s Resignation ‘Unites Us All’: Russia’s Top Negotiator Celebrates
Buygold
….and the 10 yr. yield just, magically, sits there……._Can’t have that going up!!!
Mkt ain’t listening !!!!
Gold Is the Nuclear Option for a $127 Trillion Debt Crisis
https://www.zerohedge.com/news/2026-06-23/gold-nuclear-option-127-trillion-debt-crisis
Silver breaks $60
on its way back to $30. Gold soon to break $4K, on its way back to $2500
Oil breaks $72.
Dollar rips higher, it is king.
HUI will make new lows.
The crap show continues unabated.
Ai verses robots
Top capitalist using technology simply for profit is a sort of weaponizing it against the very humanity that they make their money.
In mid-June 2026, a Tesla allegedly operating on an automated system crashed into a home in Texas, killing a 76-year-old woman inside.
Why dont these cars have a better way to over ride the automation when quick action is needed? Yet Uber and Lyft dont require a driver present in these automated cars for safety of the passengers for a plethora of reasons.
Ferrett
First Industrial Revolution. In 19th-century England, skilled textile artisans known as the Luddites rioted and smashed machines. Their opposition wasn’t entirely about hating progress; it was rooted in the fact that industrialists used automation to depress wages, lower product quality, and strip away workers’ autonomy.
The previous wave of automation in car factories replaced heavily repetitive physical tasks. Today’s AI expansion threatens white-collar, judgment-based, and creative work, creating a whole new demographic of workers who feel suddenly vulnerable.
The financial rewards of automation enriching capitalists rather than being shared with the labor force that implements it.
Even if new jobs eventually emerge, automation often creates a painful gap where a massive chunk of experienced workers lose their livelihoods.
In many fields, employees do not fear robots automating tedious or dangerous tasks; they fear being forced to compete with, or be subservient to, machines that lack human judgment and adaptability.
Historical protests were rarely about stopping technology completely. They were a form of collective bargaining that forced society to address the human cost of progress, often resulting in legal labor laws, minimum wages, standard working conditions, and safety nets.
To protest is insanity. I’m not familiar with the field of work you are in but perhaps people can
personalize and reflect a empathetic argument explaining how AI and robotics could or are impacting their specific field today.