- Welcome to the Doomstead.
under construction.Recent posts
#31
War / Pakistan says MoU in effect af...
Last post by RE - Jun 17, 2026, 10:27 PM
Pakistan says MoU in effect after Trump, Pezeshkian signing
Pakistan says the “Islamabad MoU” has taken effect, and US officials say it includes Iran not developing or buying a nuclear weapon, ending the war on all fronts and the reopening of the Strait of Hormuz.
Is somebody going to inform Bibi?
RE
#32
Peak oil / Oil supply
Last post by K-Dog - Jun 17, 2026, 12:49 PMQuoteWhat is much more likely is that Demand Destruction is beginning to set in.
Suppliers need a bargain since current energy prices can't be supported. You are not going to pay a lot for something you can't sell at a high enough price to cover your costs. The question is, is this a lagging indicator of economic conditions or is it a leading indicator of market expectations. Or both. It looks to be both.
Sort of like telling the waitress you will wait for the fresh pot of coffee.
Looking at the graph it looks like the demand destruction was manifesting as a straight line down.
#33
Peak oil / US emergency oil stockpile tum...
Last post by RE - Jun 17, 2026, 12:38 AM
US emergency oil stockpile tumbles to lowest since the Reagan administration
“We’re raising alarm bells right now,” Sommers told CNN’s Phil Mattingly on The Lead. “We’re getting to levels where we are starting to be concerned.” Lipow said he thinks SPR releases may have to slow once the Trump administration is done releasing the 172 million barrels it pledged in March to release.
Meanwhile, the price of Oil is currently at $75/bbl. This of course because now that Chump & the I-a-toldya have electronically signed an MoU that nobody has seen and millions of barrels are now streaming out of Hormuz on their way to Happy Motorists aaround the world, right? I seriously doubt this.
What is much more likely is that Demand Destruction is beginning to set in, growth has slowed to a snail's pace and a recession is now being priced in to the futures trade. Oil is selling at $74 because they're not finding enough buyers even for the restricted amounts now currently available at prices of $80 and up, so they have to lower the price. This also why they are slow to invest in drilling new wells and ramping up production. The price won't crank back up until real physical shortages start appearing in markets that can afford to pay the high prices, like the FSoA. Supply & Demand. This is still a ways off. How long? Maybe our resident expert can make a world class analysis. Ideally, skyrocketing prices and physical shortages will show up in October, a month before the elections. That would seal Chump's fate, if the elections aren't rigged or cancelled.
RE
#34
War / US and Israel carrying out str...
Last post by K-Dog - Jun 16, 2026, 02:01 PMQuoteJust a few less bombs dropping, mainly because they are running out of ammo,
True that. But Iran is expecting accountability, and making a deal with the US from their point of view weakens Israel. The rub is that Iran is expecting America to force Israel to fall in line. That is where things break down.
QuoteCitrinowicz* further noted that if an agreement between Tehran and Washington is finalized, Israel will face a strategic reality it cannot alter. He argued that the U.S. administration has little appetite for returning to military confrontation with Iran, a position that enjoys considerable support across the American political establishment.
* Danny Citrinowicz, a senior researcher at the Institute for National Security Studies
40 Haim Levanon St.
Tel Aviv, 6997556
Israel
And this is the source of that :
Israel Hayom: War against Iran failed; Tel Aviv forced to accept reality
A senior researcher at Israel’s Institute for National Security Studies has acknowledged the failure of the U.S. and Israeli war against Iran.
#35
Collapse Life / Financial ruination and marke...
Last post by K-Dog - Jun 16, 2026, 01:54 PM
How to Kick SpaceX Out of Your 401(k)
It is impossible to beat the stock market. But if you want to divest your retirement of Elon Musk-related companies, here is the best way to do so.
The "Hiding Victims" Problem: Averages ignore the variance of outcomes. If 4% of stocks generate all the returns, that means 96% of stocks are essentially "losers" or break-evens.
For an individual retiree, the probability of holding that 4% vs. the 96% is a massive gamble, not a guaranteed "10% return as the author claims.
There are people who have had secure financial positions ruined in time stretches that averages ignore. A retiree drawing down funds in the late 1970s (a period of stagflation) had a vastly different experience than someone retiring in 2010.
New York Times propaganda.
#36
Censorship / Darwin Awards
Last post by TDoS - Jun 16, 2026, 12:49 PMQuote from: K-Dog on Jun 14, 2026, 04:13 PMIt is a fact that no matter how smart we are engaging in a risky behavior can become addictive because the consequences are only experienced when the risk is realized. Until then the addiction will override sense and fear of consequences is suppressed.
Indeed. And then, when addictive behavior leads to a broken back....and being smart.....we do that human thing and...THINK! How might we manage the risk? Mitigate it? How might we take MORE risk, after having managed and mitigated it to some extent? How do we stop our addiction from killing us!
MORE PRACTICE IN THE CORKSCREW AT LAGUNA!!!
Come on guys, us here all being....mature.....we don't have to lament the days when we were young, we can still go out there and do our thang!
#37
War / G7 leaders — and the rest of t...
Last post by RE - Jun 16, 2026, 12:23 PM
G7 leaders — and the rest of the world — wait for clarity on US-Iran agreement
After almost two hours, the sun had nearly set. Despite a “frank” and in-depth conversation on the agreement, at least some of the leaders walked away from the custom-built dinner pavilion just as mystified about the details of the plan as they were walking in, according to two officials familiar with the matter.
Days after Trump applied his electronic signature to the agreement, the exact terms of the pact remain known to only a few. Neither side has published the one-and-a-half page text that was formalized in the virtual signing Sunday, leading to sometimes contradictory statements from Washington and Tehran. Even officials inside Trump's government offered slightly different takes on how the plan would work.
SHOW ME THE MONEY!!!
RE
#38
War / Israeli attacks, occupation in...
Last post by RE - Jun 16, 2026, 03:27 AM
Israeli attacks, occupation in Lebanon violate MOU, Araghchi says
Speaking at a meeting with foreign diplomats in Tehran, Araghchi said Iran will view any military attack on Lebanon by Israel and the continuation of its occupation as a "violation of the MOU."
So, the MoU is already essentially null & void. Until Israel leaves Lebanon, there is no reason for the Iranians to fulfill any of the promises they have made on their side of the deal. So far as Hormuz being open, it may be but you still gotta pay a toll. So will any sanctions be lifted or money released? No, not as long as the Iranians are charging a toll. Will they start discussing the Nuke issue? Nope, because the other shit has to be resolved first.
IOW, the MoU is about as meaningful as the ceasefire. Nothing has changed. Just a few less bombs dropping, mainly because they are running out of ammo,
RE
#39
War / The true test of Trump’s Iran ...
Last post by RE - Jun 15, 2026, 10:20 PM
The true test of Trump’s Iran agreement will come only if the fighting stops
Differing perceptions of the meaning of the memo are already emerging. The US insists any release of Iranian assets or lifting of sanctions will be tightly tied to Iranian compliance. Tehran said the 60-day clock will only start if Washington starts disbursing billions of dollars of its frozen funds. Such is the mistrust between the US and Iran, and so high are the tensions between Israel and Tehran, that it will be a major achievement if the agreement lasts until a deal is signed.
Will the deal even make it to the end of the week? It's hard to see how there is any way for Chump to spin this as a win even if it does. The Nuke issue won't be resolved in 60 days, and I doubt they'll release anywhere near the $300B Iran wants to clean up thee mess, even if it's aactually their own money anyhow. The Israelis are more entrenched than ever, and Bibi actually looks moderate compared to his critics over there. The Insu7raance companies aren't gonna be lowering their rates anytime soon, so I doubt we see a flood of ships sail out of Hormuz either.
RE
#40
War / US and Israel carrying out str...
Last post by K-Dog - Jun 15, 2026, 04:15 PMIn the Name of God, the Most Compassionate, the Most Merciful
The noble people of Iran are hereby informed:
The Islamic Republic of Iran, under the guidance of its martyred Leader, has completed its achievement of superiority over the American-Zionist enemy. Under the directives of the Leader of the Islamic Revolution, with the support of all segments of the Iranian people and the tireless efforts of the fighters of Islam, and following several months of difficult and intensive negotiations, the text of a memorandum of understanding on negotiations to end the war was finalized between Iran and the United States on the evening of June 14 in Islamabad, in accordance with a resolution of the Supreme National Security Council.
Under the agreements reached, the war and military operations on all fronts, including Lebanon, will come to an immediate and permanent end starting tonight. In addition, the naval blockade against Iran will be lifted immediately and in full. The memorandum of understanding will be formally signed on Friday, June 19.
Negotiations toward a final agreement will be deferred until after the implementation of the other side's commitments in accordance with the memorandum of understanding.
The Islamic Republic of Iran expresses its appreciation for the efforts of the Islamic Republic of Pakistan and the State of Qatar.
PARSTODAY.IR • 2026-06-15
Iran, U.S. finalize MoU to end war in Islamabad
The Supreme National Security Council of the Islamic Republic of Iran announced in a statement that the text of the memorandum of understanding concerning the end of the war was finalized on the evening of June 14 in Islamabad.
Under the agreements reached, the war and military operations on all fronts, including Lebanon, will come to an immediate and permanent end starting tonight!
PARSTODAY.IR • 2026-06-15
Latest figures of genocide in Gaza (Update: June 3): 870 days | 72,945 martyrs | 173,011 wounded
The home page pastes regular updates. The people of Iran take the genocide seriously.
The denial of service attacks may have stopped. For quite a while the page was blocked by low orbit ion cannons.
Trump, to honor the peace has to tell Israel to get out of Lebanon now or you, Israel will not be provided with any Americans arms and aid starting yesterday. If you don't get out of Lebanon now Israel, I am going to shove a presidential order cork up your piggy bank's ass.
I do not expect in my wildest dreams, that Trump is able to do this. He has no balls.
PARSTODAY.IR • 2026-06-15
Gharibabadi’s remarks on Iran–U.S. MoU: Two immediate actions from now
The Deputy Foreign Minister of Iran, in explaining the understanding reached with the United States, said that two immediate developments will take place from Monday morning: first, the end of war on all fronts, including Lebanon; and second, the lifting of the naval blockade.
Read this if you want to understand what Iran expects.
The noble people of Iran are hereby informed:
The Islamic Republic of Iran, under the guidance of its martyred Leader, has completed its achievement of superiority over the American-Zionist enemy. Under the directives of the Leader of the Islamic Revolution, with the support of all segments of the Iranian people and the tireless efforts of the fighters of Islam, and following several months of difficult and intensive negotiations, the text of a memorandum of understanding on negotiations to end the war was finalized between Iran and the United States on the evening of June 14 in Islamabad, in accordance with a resolution of the Supreme National Security Council.
Under the agreements reached, the war and military operations on all fronts, including Lebanon, will come to an immediate and permanent end starting tonight. In addition, the naval blockade against Iran will be lifted immediately and in full. The memorandum of understanding will be formally signed on Friday, June 19.
Negotiations toward a final agreement will be deferred until after the implementation of the other side's commitments in accordance with the memorandum of understanding.
The Islamic Republic of Iran expresses its appreciation for the efforts of the Islamic Republic of Pakistan and the State of Qatar.
Iran, U.S. finalize MoU to end war in Islamabad
The Supreme National Security Council of the Islamic Republic of Iran announced in a statement that the text of the memorandum of understanding concerning the end of the war was finalized on the evening of June 14 in Islamabad.
Under the agreements reached, the war and military operations on all fronts, including Lebanon, will come to an immediate and permanent end starting tonight!
Latest figures of genocide in Gaza (Update: June 3): 870 days | 72,945 martyrs | 173,011 wounded
The home page pastes regular updates. The people of Iran take the genocide seriously.
The denial of service attacks may have stopped. For quite a while the page was blocked by low orbit ion cannons.
Trump, to honor the peace has to tell Israel to get out of Lebanon now or you, Israel will not be provided with any Americans arms and aid starting yesterday. If you don't get out of Lebanon now Israel, I am going to shove a presidential order cork up your piggy bank's ass.
I do not expect in my wildest dreams, that Trump is able to do this. He has no balls.
Gharibabadi’s remarks on Iran–U.S. MoU: Two immediate actions from now
The Deputy Foreign Minister of Iran, in explaining the understanding reached with the United States, said that two immediate developments will take place from Monday morning: first, the end of war on all fronts, including Lebanon; and second, the lifting of the naval blockade.
Read this if you want to understand what Iran expects.