Sunday, July 13, 2025

Quick Notes: Jane Street | Hydrofoil ferry...

  • Jane Street's cash machine came to an abrupt halt: Foreign funds and proprietary traders using algorithms made $7 billion in the 12 months to March 2024 alone. That bonanza may be coming to an end.

  • Manipulating Indian derivatives markets: How US-based Jane Street siphoned Rs 36,000 cr from Indian markets.

  • Indian casino is a train-wreck: Indian retail investor losses on derivative trades widened in 2024-25 by 41% to 1.06 trillion rupees. India is the world's largest derivatives market, accounting for nearly 60% of the equity derivatives traded globally in April.


  • Prada on backfoot: High Fashion's habit of 'borrowing' from India isn't new. Prada's Kolhapuri chappals are just the latest


  • How America's Debt Spiral Could Spark The Next Crisis: America's debt problem is no longer linear; it is exponential.


  • Blue superhighway: Could the Electric Hydrofoil Ferry change the way we commute? Fast, sustainable mode of transit



  • Unicorn: India's Rapido is outpacing global giants like Uber and Ola in user growth, while also achieving profitability . . . A ride-hailing unicorn is gaining users faster than Uber, disrupting the San Francisco titan’s effort to conquer a key growth market  


  • AI's energy problem: Google’s carbon emissions went up again as its AI push continues


  • Distress in Hi-tech jobs: Salesforce CEO Claims Half of the company’s work is now done by AI


  • The ‘Trump Pump’: How crypto lobbying won over a President. For years, cryptocurrency companies had endured a sweeping crackdown in Washington — a cascade of lawsuits, regulatory attacks and prosecutions that threatened the industry’s survival. Mr. Trump wasn’t an obvious sympathizer. He had once dismissed Bitcoin as a “scam.”

  • One Way to Win Trump Over: Nominate Him for the Nobel Prize 


Saturday, July 12, 2025

massive PR to save boeing's ass in the AI 171 crash


this is the actual preliminary report. it does not say anything like what the western media is saying, which is all intended to shield Boeing and GE. 

reminds me of pfizer's contract terms for COVID vaccine: they had no indemnity. if anything happened, it's the customer's problem, not pfizer's. like if you died. they offer no warranty. same thing here. no warranty that the darn plane is airworthy. 



so here's the spin doctoring on July 12th. despite the small print (just below), see the headlines (below that). 

lies, damned lies, and propaganda. western media wants to make it look like pilot error, when in fact turning on/off the fuel gauges is pretty damn difficult and cannot be done accidentally. 

clean chit to beleaguered boeing and general electric. 

however, here's the smoking gun: the 2018 advisory on incorrectly designed fuel switches. h/t @shivaroor on x.com



my suspicion: mechanical or software error, or sabotage. below is a deep dive. 

Friday, July 11, 2025

Ep. 169: Has the Deep State 'turned' Trump?

now no longer firewalled

---------- Forwarded message ---------
From: Prof. Rajeev Srinivasan from Shadow Warrior 
Date: Fri, Jul 11, 2025 at 5:25 PM
Subject: Ep. 169: Has the Deep State 'turned' Trump?
To: 


Listen now (12 mins) | Almost all the initiatives Trump came up with that could have potentially damaged the Deep State are now being rolled back.
͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­͏     ­
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Ep. 169: Has the Deep State 'turned' Trump?

Almost all the initiatives Trump came up with that could have potentially damaged the Deep State are now being rolled back.

Jul 11
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There were two good reasons to support Donald Trump for President of the US: one, that he did not go to war in his first term, and two, that he was the very antithesis of the Deep State-controlled former President Biden.

Alas, just less than six months into his re-incarnation as the 47th President, there is reason to wonder if the first claim is no longe…

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mamdani senior holds forth on suicide bombers


thought control? or preventing hate speech?


Wednesday, July 09, 2025

can India catch up in innovation?

https://youtu.be/n_Yu21eyEhY?si=d4dle9CvD2s92n6K 

Tucker Carlson & Saagar Enjeti: Dangerous Depths Of Deep State

WTF are US Deep State up to? Absolute insanity and depravity

No wonder they delayed the GE engines and regime-changed Bangla. Their power apparatus are deeply committed to some kind of kill-chain, and we naively got in their way.

Modi should have never gone to Kyiv & Moscow for his visit. What the hell was he thinking - what did he accomplish, other than to put us more firmly in Washington's cross-hairs? And none of our media or babus questioned it, because they're all just a bunch of idiotic Yes-men.

Friday, July 04, 2025

Are we being hoodwinked?

Is this the deal? India, Vietnam and China all get to pay the same 20%.



What's the point of Quad if Trump equates India-Pakistan? If the only superpower, which calls India an ally, sees the region through an India-Pakistan prism, it is unacceptable. Rather than endorse India's sphere of influence, this undermines it.


Trump Baffles With Sudden U-Turn on China Buying Iranian Oil: President Trump appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil. . . . . India restricted from buying Iranian oil while China is free?


Elon: America is going bankrupt quickly, but everyone is whistling past the graveyard.


Old pal of Elon Musk has ominous warning for Trump: “I’ve had my share of blowouts with Elon over the years,” neuroscientist Philip Low told Politico. “Knowing Elon the way I know him, I do think he’s going to do everything to damage the president.”


India caught in the middle: Rare earth curbs to hit EV, RE, defence sectors


Time for Swadeshi platforms: Congressional staff members were informed that WhatsApp can no longer be used on their government-issued smartphones or other devices.


Tuesday, July 01, 2025

Grow Jihadi Snakes, Get Bitten. Grow Marxist Snakes, Get Bitten Again.

Irony is real. After Ugandan Indians were dispossessed of their property and kicked out of Uganda by dictator Idi Amin, America took in Mamdani's father as a refugee. Now the next generation of Mamdani seeks to again wield the power of the state for wealth redistribution, again in the pursuit of political power.

This now has US Democratic Party establishment politicians in a panic, as their political platform now careens left-ward, seemingly out of their control. India's Congress Party politicians reacted with amusement when agent Kejriwal showed up touting his 'anti-corruption' politics while promising freebies. But the people of Delhi had to bear the brunt of his crooked nutty antics - as did later the people of Punjab, due to Sonia Gandhi's connivance in ousting Amarinder Singh.

Kejriwal was an obvious foreign agent, having no domestic backing or prior political history. The fact that multiple 'colour revolutions' were simultaneously being forced on the Middle East thru 'Arab Spring' was no mere coincidence of timing. Rahul Gandhi now suddenly screeching non-stop about 90% reservations has also long ago sold out to foreign interests. As another fellow spoiled rich kid, it's not clear whether Mamdani is receiving any foreign backing, but the US political establishment may see fit to look into it. Because if he's not a foreign agent already, I'm sure various foreign govts might find it very useful to support him. He may be politically on the Left, but Beijing, Moscow, and also Tehran may see him as the right man at the right time for their needs.

At any rate, the Americans can now rue the fact that having grown snakes in somebody else's yard, they can now experience the consequences of those snakes showing up to bite them in their own homes. NYC is just the beginning - although it seems to always get struck first, just as it was on 9/11.




Grow Jihadi Snakes, Get Bitten. Grow Marxist Snakes, Get Bitten Again.

Didn't Donald Trump himself loudly recite a favourite poem on this?


Will Modi sarkar cave in?

After chickening out to China, Trump wants to "open up" India: The White House’s demands to “open up India” as it seeks a major trade victory — have made it that much harder for Modi’s govt to sell the deal to a domestic audience.

“Nothing riles Indians more than the idea that their govt was bullied by a foreign leader”



India gets no favours from Trump: Efforts to strike a trade “mini-deal” are dragging on. The Trump administration is asking India to lower its trade barriers, while only offering to give up some of its newly-imposed tariffs, in return.

“Whatever the government [in India] does, it will be seen as they basically capitulated to Trump’s demand. So they are in a no-win situation.”

The president has complicated matters by repeatedly taking credit for brokering peace between India and Pakistan this spring.

“The more he repeats his claim, the more a prospective U.S.-India trade agreement smells like coercion, not cooperation.”


Threat of more tariffs hangs over trade partners: These governments have been hesitant to strike a deal with the Trump administration, worried that they only will be hit by more levies down the road. For some foreign governments, these national security tariffs are potentially more concerning than the reciprocal tariffs Trump is threatening to apply to all their US exports.


Maybe India can learn from EU: EU to accept Trump's universal tariff but seeks key exemptions. Everyone knows Trump will eventually break his own deals, so keep it small.


GMO junk: Trade deal hits hurdle over US demand of low duties on agricultural, genetically modified food
Trump looking at deporting Musk