Ozymandias
I met a traveller from an antique land
Who said: Two vast and trunkless legs of stone
Stand in the desert. Near them, on the sand,
Half sunk, a shattered visage lies, whose frown,
And wrinkled lip, and sneer of cold command,
Tell that its sculptor well those passions read
Which yet survive, stamped on these lifeless things,
The hand that mocked them and the heart that fed:
And on the pedestal these words appear:
"My name is Ozymandias, king of kings:
Look on my works, ye Mighty, and despair!"
Nothing beside remains. Round the decay
Of that colossal wreck, boundless and bare
The lone and level sands stretch far away.
-- Percy B. Shelley
They Saw it Coming – How American military planners anticipated failure in Iran – This is essential read, the unmitigated obscenity that is America’s military industrial complex. – War Nerd has good interview with author.
US awards Raytheon $22.9B Tomahawk deal
US diesel crack surpasses $100 a barrel for the first time on supply disruptions
Soaring diesel prices rip across US economy
Short sellers reap $2bn profit as modular nuclear reactor stocks tumble “Unproven technology won investment from power-hungry AI hyperscalers but has yet to deliver consistent revenues” – This is funny, “consistent revenues?” None of them have delivered a single watt, nor plan to for many years.
Private credit under strain as troubled loans swell
Why Big Tech’s AI Spending Is $3 Trillion Higher Than It Seems