T/A

Home sellers now exceed buyers by over 600,000, marking the widest gap on record, per Redfin.

Jack Dorsey just fired half his company. Not gradually but all at once. More than 4,000 people, gone. And the stock didn't crash, it EXPLODED 22%. Here's what's really going on. Block, the company behind Cash App, Square and Afterpay, just announced the largest AI driven layoff in corporate history. Headcount is being cut from 10,000 to under 6,000. This was not a distress signal. The company is profitable and the revenue is growing. Dorsey chose this. His exact words: "Intelligence tools have changed what it means to build and run a company." "A significantly smaller team, using the tools we're building, can do more and do it better." Translation: AI can do their jobs now. So they're gone. But here's the part that should concern everyone. Dorsey didn't stop there. He said most companies will reach the same conclusion within a year. "I'd rather get there honestly and on our own terms than be forced into it reactively." He's not apologizing but he's warning. The numbers tell the story Wall Street wanted to hear. Block's 2026 profit guidance: up 54%. Earnings per share projection of $3.66, crushing analyst expectations of $3.22. Gross profit growing 18%. The math is brutal but simple, fewer humans, more margins. Inside the company, this has been building for months. Block already cut 10% of staff earlier this month and 1,000 more last year. Every remaining employee was required to use AI tools daily. AI fluency was built into performance reviews. If you couldn't keep up, you were next. The internal AI platform is called "Goose." It started as a small engineering test tool two years ago. Now nearly every employee uses it. Engineers are shipping 40% more code per person than they were six months ago. That's the productivity gain that made 4,000 people expendable. And here's the part nobody is talking about. Days before this announcement, a research firm called Citrini published a fictional scenario: AI tools so powerful they forced mass layoffs across America. It rattled markets. Then Block made it real. Wall Street's reaction is the most dangerous signal of all. A company fires half its people and stock rockets 22%. Every board in America just watched that happen. Every CEO just did the math. Every worker should understand what that math means for them. This is not one company's decision, this is a blueprint. The question is no longer whether AI will replace jobs. It's how fast.

Haha, ei. Mutta meni aikansa että ne yleistyivät ja löysivät oikeat käyttökohteensa. Huhutaanhan niitä olleen jo 1500-luvun Turkissa kebabin pyörittämiseen! Mutta mieti vaikka 1900-lukua. Siirryttiin hevosista autoihin, artesaanituotannosta robottien operoimiin massatuotontolaitoksiin. Silti puolet väestöstä, nimittäin naiset, liittyivät työvoimaan ja väestömäärä muutenkin räjähti! Ja suurin osa työikäisistä on todellakin töissä, ei kotona.

🚨 BREAKING BLACKROCK JUST STARTED AGGRESSIVELY LIQUIDATING BITCOIN! THEY’RE NONSTOP DUMPING MILLIONS EVERY FEW MINUTES. LOOKS LIKE THEY KNOW SOME REALLY BAD NEWS IS COMING TODAY…

Japan’s bond market just told politicians to sit down. November 18th, 2025: Japan’s 40-year government bond yield hit 3.668%. All-time high since the security launched in 2007. Here’s why this number ends the world you knew: Prime Minister Takaichi announced $110 billion in stimulus spending. Economics textbooks say stimulus announcements lower bond yields by promising growth. Japan’s market did the exact opposite. Yields spiked 6.5 basis points in a single session. This is a vote of no confidence in sovereign debt sustainability. Japan owes 250% of its entire economy. Debt service already consumes 23% of annual tax revenue at current rates. Every 100 basis point yield increase costs an additional 2.8 trillion yen annually. The math stops working above 4%. The market just priced in that threshold approaching. But the real devastation happens elsewhere. Twenty trillion dollars in global investments were funded by borrowing yen at near-zero rates. Borrow at 0.1%, invest at 8%, pocket the difference. The largest arbitrage trade in human history. Every hedge fund. Every sovereign wealth fund. Every pension seeking yield. Built on Japanese rates staying frozen forever. That assumption died yesterday. When 40-year yields trade at 3.67%, the arbitrage collapses. Borrowing costs rise. The yen strengthens as capital returns home. Borrowed funds become more expensive to repay. Wellington Management estimates 4-8% yen appreciation in the next six months. Forced liquidation begins automatically. Positions turn unprofitable. Margin calls trigger. Twenty trillion dollars starts moving in reverse. Correlation studies show 0.55 relationship between yen carry unwinding and S&P 500 drops. Emerging market currencies fall 1-3% within thirty days. US Treasury yields jump 15-40 basis points from reduced Japanese demand. Your 401k holds positions funded by yen loans. Your tech stocks trade at valuations assuming cheap leverage continues. Your emerging market bonds depend on foreign capital that’s now leaving. The critical test arrives November 20th. Japan auctions 40-year bonds. If bid-to-cover falls below 2.5 times, it confirms insufficient demand. Failed auctions create death spirals. Weak demand forces higher yields. Higher yields accelerate unwinding. More selling. Weaker demand. Greece. Portugal. Italy. The playbook is known. Except Japan is the world’s third-largest economy and largest creditor nation. When Japan’s markets break, the cascade doesn’t stop at borders. The bond market delivers verdicts politicians cannot overturn. November 18th was judgment day.