
JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
Read More »The Pentagon’s acquisition system is being overhauled into a “Warfighting Acquisition System,” turbocharging weapons production, slashing bureaucracy, and empowering officials to deliver arms at “wartime speed.” Portfolio Acquisition Executives now wield sweeping authority, startups are courted like prom queens, and the defense industrial base is being rebranded as Silicon Valley with missiles.
So much for the “peace president”—Trump’s arsenal of freedom looks more like an IPO for war, where venture capital meets missile launchers and bureaucrats cosplay as battlefield commanders.
Forging the Arsenal of Freedom
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How to DOGE USAID: The Wall Street Consensus under Trump
We often hear that the new Trump administration inaugurates the age of technofeudalism. Just look at Elon Musk, pontificating about so-called “Department of Government Efficiency” (DOGE) democracy from the Oval Office while undemocratically occupying the US Treasury payment system. But is the administration simply using bullying as a mode of power, as Adam Tooze recently diagnosed it, destroying institutions without measure or plan?
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NET foreign direct investments (FDI) remained positive in September but were markedly lower compared to a year ago, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.
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“Investors often prefer safe-haven assets in advanced economies under these conditions,” he explained, adding that heightened geopolitical tensions and economic uncertainties may have also further dampened investor confidence globally.
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