OF THE
TIMES
Days later Russia announced it had launched an "inspection" satellite into orbit, and by July 2020 the US was accusing Russia of testing an anti-satellite weapon in space: Watch Russian military put another top secret "inspection" satellite into orbit"We're talking about the most advanced and cutting-edge technical ideas and solutions, unequaled anywhere in the world; the weapon that is entitled to ensure sovereignty, security of Russia for decades to come."The possession of such technology by Russia is "the most important, reliable guarantee of peace on the planet. And, no matter what, we'll certainly keep improving this weaponry," the president promised.


If it keeps on rainin', levee's goin' to breakTo a man with a hammer, every problem looks like a nail. To the Federal Reserve, every problem is met with more liquidity. Unfortunately, the Fed has very little control of where this liquidity goes. First, it went into equity markets, fueling an outright equity bubble. Then it overflowed into PE and VC, creating bubblicious demons there as well. Then it overflowed into meme stonks and shit-coins. Not content with the damage they wrought on the financial economy, the liquidity began overflowing into the real economy. There's currently an epic housing bubble, leading to increasing wealth inequality and polarization.
If it keeps on rainin', levee's goin' to break
When the levee breaks, I'll have no place to stay.
Mean old levee taught me to weep and moan, Lord
Mean old levee taught me to weep and moan
It's got what it takes to make a mountain man leave his home
Oh well, oh well, oh well
Don't it make you feel bad
When you're tryin' to find your way home
You don't know which way to go?
If you're goin' down south
They got no work to do
If you're going down to Chicago.
A-ah, a-ah, a-ah.
Cryin' won't help you, prayin' won't do you no good
No, cryin' won't help you, prayin' won't do you no good
When the levee breaks, mama, you got to move, ooh.
Led Zeppelin

Comment: Hero to Zero: No good deed goes unpunished. It is an upside-down world.