As Mark Thornton has detailed in his brilliant book, The Skyscraper Curse, Austrian School economists’ unique theory of the business cycle has given them a distinct advantage in foreseeing oncoming economic crises: from Ludwig von Mises’s 1920s predictions of looming bank failures, to Thornton’s own 2004 warnings of the housing bubble and its consequences. Contemporary Austrians continue to apply this theory when scrutinizing the anxious landscape of today’s economy, looking for early warning signs of where central bank monetary manipulation will manifest itself next. However, depending on the course which history takes, we may someday look back and reflect that today’s Austrians were outdone in their prognostications by one Helen McCaw, who has recently warned that the next financial crisis could be triggered by the announcement of the existence of extraterrestrial life. Ms. McCaw—a former senior analyst at the Bank of England—wrote to the current governor of Britain’s central bank to warn that a supposedly imminent announcement of the existence of advanced alien life might cause extreme uncertainty in financial markets, possibly triggering bank collapses. “The United States government appears to be partway through a multi-year process to declassify and disclose information on the existence of a technologically advanced non-human intelligence responsible for Unidentified Anomalous Phenomena…

NEWYou can now listen to Fox News articles! As tipping prompts pop up everywhere — from coffee counters to convenience stores — many Americans are feeling fed up and confused about what’s appropriate. Now, even former NFL star J.J. Watt is weighing in.Watt recently ignited debate on X after questioning whether to tip in a self-service scenario. He asked followers what they would do in the following scenario: You order at a counter, find your own table, fill your own coffee and retrieve your own food when a buzzer goes off. AMERICANS ARE FED UP WITH TIPPING CULTURE AS NEARLY 9 IN 10 SAY IT’S COMPLETELY ‘OUT OF CONTROL’But then you face an iPad screen prompting you to tip 20%, 25%, 30% or some other amount — with 20% preselected.”What’s your move?” Watt asked.The post from Wednesday quickly went viral.It drew more than 15,000 comments and 4 million views — and reignited a national conversation about when tipping is warranted and when it’s not.”I tip simply because I know that servers live in poverty,” one user told Watt. The person added, “With your vast wealth, you should do so also.” Watt, a former Houston Texans defensive end and three-time NFL Defensive Player of…

The U.S. Navy decommissioned half of its Avenger-class mine countermeasure ships last year and began replacing them with littoral combat ships that possess anti-mine capabilities.Naval mine warfare is a major tenet of Iran’s Islamic Revolutionary Guard Corps Navy military doctrine, according to a 2017 Office of Naval Intelligence report, and looks to be a factor in the ongoing Iran war.Iran reportedly began laying mines in the Strait of Hormuz this week, with U.S. Central Command announcing Tuesday that it had struck 16 Iranian mine-layers.The U.S. remains confident that it’s new phase of mine countermeasure capabilities can successfully thwart mine warfare.“The [littoral combat ship] MCM mission package is a sophisticated suite of manned and unmanned systems designed to locate, identify, and neutralize sea mines, at a safer distance from minefields than the Avenger-class MCMs,” a Navy official told Military Times on the condition of anonymity.Independence-class littoral combat ships equipped with the mine countermeasures mission package began arriving in the U.S. Fifth Fleet last year to replace the decommissioned minesweepers in Bahrain.The USS Canberra was the first LCS with the MCM package to arrive in the Middle East on May 22. The USS Santa Barbara and USS Tulsa, two other littoral combat…

A closer look at what stress does to your mind and body during and after a lethal force incident.Imagine you wake at 2 in the morning to the sound of breaking glass. Your heart races. In a split second your brain goes into overdrive: you worry about your family, defending your home, and the safety of the people you love. You jump out of bed, grab your weapon, and move through a house you know like the back of your hand. In the living room you see the silhouette of a figure who is too large to be one of your loved ones. You turn on your weapon light. A pistol is raised toward you and a shot rings out—it misses to the left. You raise your weapon, present, engage, fire three shots, and the intruder drops to the ground. You move forward cautiously, weapon trained on the body, check for a pulse, confirm they are dead, take a breath and then the adrenaline dump hits: Your hands start to shake. You call 911 and let the system do its work.That entire scenario—the way your brain and body respond—is what we will explore. Today, we look at the science behind…

Growing up, my family had a vegetable garden every year. We didn’t grow one because we had to but because we enjoyed the work and the availability of fresh produce at our fingertips. These days it seems almost trendy to say you grow your own food but the time to have a food garden out of necessity certainly seems to be on the horizon. Food prices keep increasing, shortages have become normal, and changing weather patterns all affect what types of foods are available to us. The system on which we rely for our food is really an experiment. When you take into account the whole of human existence this system hasn’t been around for all that long so it’s no wonder it has problems. Whether that system just keeps getting worse, it collapses, or SHTF happens, the answer is that we need to get back to our roots and grow our own food. In the case of SHTF, you are going to want the most calorie-dense vegetables and fruits you can grow and you are going to want to grow them as quickly as you can. Want to save this post for later? Click Here to Pin It On…

NEWYou can now listen to Fox News articles! Arizona state senator Catherine Miranda, a Democrat, has come under scrutiny on social media after an exchange with former NCAA volleyball player and “save women’s sports” activist Kaylie Ray. Ray showed up to the Arizona Senate Education committee hearing on Wednesday to lobby for a bill that would protect women’s sports from biological males. She spoke from the perspective of a former Utah State captain who led a team forfeit against San Jose State in 2024, in protest of a trans athlete on San Jose State University (SJSU). After Ray shared her testimony, Miranda opened her response by commenting on Ray’s appearance.  “I have my sports hat on now. It’s all about a sports mentality, growing up in sports, being a tomboy. I mean, you look pretty healthy. I’ve played against girls that look like you. You look very much in shape and strong,” Miranda said.The state senator then argued against Ray’s position and the bill by claiming she had competed against men herself in sports, and would compete against men in sports and ended her lecture with the question, “How competitive do you think you really are?”At no point in Miranda’s response did…

The suspect who killed one person and injured two others at Old Dominion University on Thursday has been identified by authorities as Mohamed Bailor Jalloh, who pleaded guilty in 2016 to attempting to provide material support to the Islamic State, according to the FBI.The shooting is being investigated as an act of terrorism, FBI Director Kash Patel said in a social media post. He said the shooter is dead because of “a group of brave students who stepped in and subdued him.”Their actions “undoubtedly saved lives along with the quick response of law enforcement,” Patel said.Jalloh, a former member of the Army National Guard, was sentenced to 11 years in prison and was released from federal custody in December 2024.Ashraf Nubani, a Virginia attorney who represented Jalloh in his 2016 criminal case, did not immediately respond to messages Thursday seeking comment.At a news conference Thursday afternoon, Old Dominion University Police Chief Garrett Shelton said officers responded after receiving reports that people were being shot in one of the classrooms in the university’s business school building, Constant Hall.After the university initially said there were two victims, Shelton said authorities learned that there was a third victim who brought themselves to a…

Sencut’s latest flipper, the Selkyris, is primed to drop in the next couple of weeks. A mid-sized clip point blade with a super sleek profile sets this user apart from its fellow Sencuttians. It’s hard to believe that, not so many years ago, sub-2 inch EDC blades were the hot thing – it wasn’t unheard of to see a larger size spec’d for daily carry, but far, far less common than it is today. In fact, we’d go so far as to say that it’s unusual to see an EDC knife release these days with a blade length under that 3-inch mark. Evidently the knife world, like many other niche communities, has its seasons and cycles, where things go out of fashion only to return in a few years. The aluminum scales help keep the Selkyris’s weight down All of which is to say that here, on the Selkyris, we see the latest of many, many examples of the EDC knife with a mid-size blade length – in this case, 3.36 inches. The low-snouted clip point on the Selkyris certainly gives it an injection of welcome ‘tude, while being just as capable of the usual cutting job suspects as more…

A military inquiry has faulted the United States for the destruction and massacre of a girls’ school in Iran during the initial bombings in Minab. Previously, Donald Trump tried to blame the school’s destruction on Iran, claiming Tehran hit the school with a U.S.-made Tomahawk missile. Trump Said Iran Bombed Its Own School During Minab Attack It was fairly obvious early on that the U.S. was responsible for bombing the school; however, the ruling class tried to play it off as Iran’s fault. Investigations by the Associated Press, CNN, and the Washington Post all concluded that the U.S. was the most likely culprit behind the attack. Visual analysis cited by the New York Times, including satellite imagery and videos from the scene, indicates the blast was consistent with a Tomahawk impact. U.S. Strikes Iranian School Killing At Least 168 Children and Staff The February 28th strike on the Shajarah Tayyebeh girls’ school came on the first day of the US-Israeli attack on Iran that resulted in the death of Supreme Leader Ayatollah Ali Khamenei and several senior Iranian commanders, as well as hundreds of civilians. It is the deadliest single strike in the ongoing campaign so far. –RT According to…

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