1/ I wrote everything you ever wanted to know about data centers and their water usage. Turns out data centers use much more water than tech bros would have you believe. Read the full essay below or catch the highlights in this thread.

NEWSLETTER: 1/ Trump's deindustrial policy, Bessent's dirty Treasury trick, demand-driven housing market, econ history, currency adjustment, Ireland's broken econ, data centers may still raise your bills, bad vc, kitchen-table populism, new SEC rules, and more. (link below)

NEWSLETTER: Trump's busting up Biden's industry boom (US construction spending in manufacturing is down 32 percent since its peak in late 2024), Bessent's is playing fast and loose with T-bills funding the debt (T-Bills are 22% of US Debt and 80% of Recent Debt Sales), demand may drive housing market more than supply, why a weak dollar is bad, Ireland's economy is broken, data centers may still raise your electricity prices, new crypto SEC rules, crypto politics survey, US' agriculture trade deficit, and more. (link below)

Trump is failing his promise to bring industry back to America. In fact, he's busting up progress made under Biden's industrial agenda that saw a surge in industrial activity. Read my essay to learn more.

Read my new essay on the current state of the Irish economy