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Trump Says He Had To Run Again After “Rigged Election” To “Shove It Up Their Ass”

Trump Says He Had To Run Again After “Rigged Election” To “Shove It Up Their Ass”

Authored by Steve Watson via Modernity.news,

President Trump said Monday that he was relentlessly determined to regain the Presidency after the “rigged” 2020 election.

Trump made the remarks during a Kennedy Center Board dinner in the White House’s State Dining Room Monday.

“They rigged the election,” the president said, adding “And then I said, you know what I’ll do? I’ll run again, and I’ll shove it up their ass.”

He continued, “And that’s what I did, and all of a sudden, I then realized— I said you know what, I got the Olympics, I got the World Cup, and I got the 250th.”

He is referring to the LA Olympics in 2028, the football (soccer if you’re American) World Cup next year, and the upcoming 250th anniversary of the Declaration of Independence.

He noted that during his first term he played a major role in winning bids for the sporting events.

“Look at the way this works out,” Trump declared, explaining “If they would have left us alone and wouldn’t have cheated on the election, and wouldn’t have rigged it, I would have been retired right now,” Trump further noted. 

“I would have been happily doing something else, and instead, they have me for four more years. Can you believe it?” Trump added.

*  *  *

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Tyler Durden
Wed, 05/21/2025 – 09:10

Nvidia CEO Calls Biden-Era AI Curbs A “Failure” With China 

Nvidia CEO Calls Biden-Era AI Curbs A “Failure” With China 

Nvidia CEO Jensen Huang called U.S. export controls on artificial intelligence chips to China under the Biden administration’s AI diffusion rule a “failure” that risks ceding the $50 billion Chinese AI chip market to rivals like Chinese tech giant Huawei. 

Huang delivered a keynote speech at Computex in Taipei, Taiwan, earlier today in which he said, “All in all, the export control was a failure,” adding, “The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, have been proven to be fundamentally flawed.”

Huang was referring to the Biden-Harris regime era, where the U.S. blocked sales of advanced AI chips to China, which only forced companies to buy advanced chips from its competitor, Huawei. This also sparked a domestic wave of investment to build out supply chains for advanced AI chipmaking to reduce reliance on outside manufacturers. 

He said China alone will account for a $50 billion opportunity in 2026, warning that if U.S. tech companies were still cut off from the Chinese market, this would only suggest that local players would buy from competitors. 

China has 50% of the world’s AI developers, and it’s important that when they develop on an architecture, they develop on Nvidia, or at least American technology,” Huang pointed out. 

Huang praised President Trump’s move to scrap the previous administration’s AI diffusion rule: “President Trump realizes it’s exactly the wrong goal.” 

Under the Biden administration, Nvidia’s China market share collapsed from 95% to 50%. 

Last week, Huang joined President Trump on a Gulf States tour that resulted in massive Blackwell deals for Nividia in Saudi Arabia. 

Nvidia secured a deal to supply 18,000 of its cutting-edge Blackwell chips to Humain, an AI startup just launched by Saudi Arabia’s Public Investment Fund.

Huang stated last week:

“There’s no evidence of any AI chip diversion. These are massive systems. The Grace Blackwell system is nearly two tons, and so you’re not going to be putting that in your pocket or your backpack anytime soon.

“The important thing is that the countries and the companies that we sell to recognize that diversion is not allowed and everybody would like to continue to buy Nvidia technology. And so they monitor themselves very carefully.”

With the AI Diffusion Rule revoked, America will have a once-in-a-generation opportunity to lead the next industrial revolution and create high-paying U.S. jobs, build new U.S.-supplied infrastructure, and alleviate the trade deficit,” an Nvidia spokesperson told The Wall Street Journal last week. 

Reuters noted, “Trump administration officials are weighing discarding the tiered approach to chip export curbs and replacing it with a global licensing regime with government-to-government agreements, which could give the U.S. clout in trade talks.”

Given that the Biden-era AI diffusion rule was a “failure,” in the words of Nvidia’s CEO, one might question whether the policy ultimately benefited Chinese firms by sidelining Nvidia and allowing local competitors to gain market share.

Looking ahead, Nvidia will report earnings on Wednesday. 

Tyler Durden
Wed, 05/21/2025 – 07:20

Goldman’s Internet Playbook: Ten Themes Driving US Tech Landscape 

Goldman’s Internet Playbook: Ten Themes Driving US Tech Landscape 

We are nearing the tail end of the first quarter earnings season. Excluding Nvidia, which is scheduled to report next Wednesday, the rest of the Magnificent Seven delivered year-over-year EPS growth of 28% in Q1, far outpacing the 9% growth recorded by the remainder of the S&P 500. Mag7 also surpassed consensus earnings estimates by 16%, marking the largest earnings surprise for Apple (AAPL) Microsoft (MSFT) Alphabet (GOOGL / GOOG) Amazon (AMZN) Nvidia (NVDA) Meta Platforms (META) Tesla (TSLA) since Q2 2021, when they outperformed estimates by 27%.

As the midpoint of 2025 quickly approaches, Goldman analysts Eric Sheridan, Ben Miller, and others have updated their investment outlook, refining their top 10 themes for the U.S. internet sector, including:

  • Secular Growth Opportunities – particularly in digital advertising, the merging of commerce and advertising, cloud computing, and local commerce.

  • Key Industry Debates – including autonomous vehicles’ impact on mobility, normalization in online travel, and expansion in interactive entertainment.

  • Major Risks – such as regulatory scrutiny and AI-driven disruption

AI remains the dominant theme in the eyes of the analyst. They noted that 2025 will be critical for platforms to demonstrate real returns from massive AI investments made over the past three years. While widespread disruption of existing consumer computing habits isn’t expected, proof of utility and ROI will be closely watched.

Here’s more: 

As we framed in our Consumer Internet AI deep-dive, we believe that AI will continue to permeate more products and use cases for consumers, but see those shifts playing out over time and do not expect AI to drive wholesale displacement/disintermediation of existing computing habits. We continue to look at 2025 as a year where stakes are rising for platforms to prove out the adoption/utility/use cases of their investments in AI as we are now in year three of an elevated OpEx/CapEx cycle (& investors increasingly ask for proof points on the eventual return on investment). This interplay between levels of investment, visibility into a more distinct return profile and/or elements of rising utility-like behavior around such tools will likely remain dominant themes among large cap U.S. Internet this year.

They noted that tariffs remain a volatile but critical factor, influencing cost structures and demand visibility. However, easing trade tensions in recent weeks and stronger-than-expected Q1 earnings results have helped stabilize big tech stocks. 

The analysts provided an easy-to-view breakdown of the Top 10 Themes shaping their coverage across the internet sector:

  1. The Evolution of the Consumer AI Landscape: AI is reshaping consumer and enterprise computing, spanning infrastructure (Cloud), model/platform ownership, and app-level use cases. Debates are expected to intensify in 2025. Most Exposed Stocks: Majority of coverage universe.

  2. The Implications of AI for Cloud Computing & CapEx: Cloud providers are investing heavily in AI workloads, balancing long-term AI opportunity with CapEx discipline. AI will increasingly impact revenue and margins. Most Exposed: AMZN, GOOGL, META, MSFT, SNAP, NVDA.

  3. The Lines Between Advertising & eCommerce Models Continue to Blur: Ad and commerce models are converging. Retail media and automation drive budgets from traditional ads to digital platforms. Most Exposed: AMZN, GOOGL, META, PINS, UBER, CART, LYFT, IBTA.

  4. Digital Advertising Shifts to AI Automation & Direct Response: Ad platforms are moving toward AI-driven, lower-funnel/direct-response formats. This change supports performance marketing and measurable ROI. Most Exposed: GOOGL, META, AMZN, PINS, RDDT, APP, SNAP, DV, KIND, YELP, IBTA.

  5. A Future of AVs & the Pathway for Mobility Networks: AV (autonomous vehicle) developments, particularly from Uber and Waymo, are shaping the future of mobility. Network transitions and partnerships are key. The most exposed are UBER, LYFT, and GOOGL.

  6. The Battle for Same/Next-Day Local eCommerce: Consumer demand for faster delivery is driving innovation in local eCommerce. Restaurant and grocery segments are expanding. Most Exposed: AMZN, UBER, CART, LYFT.

  7. The Normalization of Online Travel Demand: Travel growth is stabilizing. Companies are focused on funnel efficiency, regulatory impacts, and GenAI-driven demand strategies. Most Exposed: EXPE, BKNG, ABNB, UBER, YO, TRIP.

  8. The Evolution of Interactive Entertainment Platforms. Interactive platforms are expanding content offerings and monetization methods. UGC, gaming, streaming, and live audio continue to grow. Most Exposed: NFLX, SPOT, RBLX, EA, TTWO, U, BILI, RBLX, GENI, WBTN.

  9. The Transition from Spatial to Mobile Computing: Big tech continues to shift toward mobile-first and device-independent experiences, spanning hardware, software, and services. Most Exposed: META, GOOGL, AMZN, SNAP, RBLX, EA, TTWO, U, BILI, GENI.

  10. Regulatory Matters & Changing Ecosystem Defaults: Structural risks from regulation, platform control, and consolidation dominate industry risk profiles, particularly in ad tech, app distribution, and AI. Most Exposed: AMZN, GOOGL, META, LYFT, UBER, ABNB, BKNG, EXPE.

Top stock picks:

We see the most compelling risk/reward in companies that face short-term investor concerns and highlight: 1) GOOGL where debates on the impact of AI on core search and ongoing regulatory matters overshadow strong operating performance across a) Search & Other revenue producing upside in Q1, b) strong operating margins as efficiencies help fund long-term platform/product investments, & c) a very strong mix of growth and margins from Google Cloud; & 2) AMZN where debates persist on the impact of higher tariffs but where we believe that a) price/negotiation levers can help mitigate the cost impact of tariffs, b) that AMZN remains well positioned to gain market share, and c) remains levered to several attractive longer-term secular growth themes (incl. AI, Cloud computing, retail media, streaming, sports). Within our Large Cap coverage, we are also Buy rated on META, UBER (CL), SPOT, and Neutral rated on ABNB, APP, NFLX & BKNG. For SMID Caps, we see outsized risk/reward Buy rated opportunities in PINS (on CL), CART, DKNG & MTCH over the next 12 months.

Ahead of Nvidia’s earnings next week, Mag7 stocks have recovered all losses sparked by Trump’s “Liberation Day” tariffs. While the index has been inching closer to record highs, momentum has stalled in recent sessions.

 

What’s next for the internet?

Pro subs can view the full note here

Tyler Durden
Wed, 05/21/2025 – 06:55

“We Have Imported Knife Violence” – Wave Of Attacks Shakes Germany Once Again

“We Have Imported Knife Violence” – Wave Of Attacks Shakes Germany Once Again

Via Remix News,

Another wave of knife attacks has hit Germany, showing that not much has changed despite the many lost lives and Germans maimed in knife attacks.

In fact, the statistics show that these crimes are even getting worse, with 79 knife attacks per day now recorded. A German criminal lawyer warns that Germany has “imported knife violence,” in response to growing blade crimes.

In the last few days, headlines include Kosovar man arrested after knife attack in Germany injures three, including 12-year-old girl” “Man stabbed half to death on basketball court,” “Manhunt continues after Syrian asylum seeker stabs 5 outside student bar in Bielefeld,” and “Rioter injures police officer with knife.”

However, thousands of such headlines have run in the German press in recent years, with Remix News reporting on many of them. The overwhelming number of perpetrators are foreigners or those with a foreign background, yet despite promises to crack down and enact deportations of migrant criminals, the bloodshed not only continues but appears to be getting worse.

“We have imported knife violence. In other cultures, the knife is a kind of status symbol. This is changing the social climate here in the country,” stated criminal attorney Udo Vetter. He further notes that “knives have become an everyday companion for many people. And the barrier to using them is low.”

Notably, he warns that due to the rise of knives and knife crimes, it is creating a problem that is expected to only grow exponentially, with more and more people arming themselves with knives out of fear.

“Because if some people deliberately pack a knife as a murder weapon, more and more people will also resort to knives, supposedly to defend themselves,” stated Vetter. “Young people in particular have knives in their pockets just like their cell phones.”

However, this problem has been warned about nearly every week, including from the German police themselves.

Manuel Ostermann, deputy head of the Federal Police Union, stated that “the knife as a means of committing a crime always immediately poses a concrete threat to life and limb. Politicians must now take all possible measures to curb this phenomenon.” Ostermann is the same police union head who said that Germany’s crime problem is actually an immigration problem during a viral speech last year.

The head of the German Police Union, Rainer Wendt, also spoke out about the knife crime problem, saying: “The threshold for violence is getting lower and lower. And the fuse is getting shorter. Knives are being drawn even for trivial reasons and seemingly harmless disputes.”

As Remix News previously reported, violent crime reached a record high in Germany last year, with foreigners responsible for nearly half of crimes. 

There were 29,014 cases in total involving a crime where a knife was used, of which, 15,741 were knife attacks. Serious and dangerous bodily harm with a knife increased by 10.8 percent in 2024 compared to 2023.

The Alternative for Germany (AfD) is going on the offensive under the new Christian Democrat-led government, with security and immigration still top concerns. Alice Weidel, AfD party co-leader, mocked the new government’s “five-point plan” to fix the immigration crisis, saying that the border is not secured despite promises.

“Failed border controls and broken promises are what remains of the ‘5-Point Plan.’ This is demonstrated not least by the violent incidents in Bielefeld and Halle. In North Rhine-Westphalia and Saxony-Anhalt, the CDU state governments show no willingness to initiate a migration turnaround,” wrote Weidel on X.

The leader of the AfD parliamentary group in the Baden-Württemberg state parliament, Anton Baron MdL, has accused Christian Socialist Union (CDU) parliamentary group leader Manuel Hagel of hypocrisy regarding knife crimes in Germany.

“Although the proportion of people without German passports is significantly lower in the population, there is a significantly higher crime rate here,” he told SWR. He said he considered the increased number of knife attacks by foreigners “alarming.”

Such ‘unpleasant truths’ must be spoken. It couldn’t be more hypocritical: The CDU, above all, has caused this situation since 2015. Has the party distanced himself from it to this day? On the contrary: Hegel has rejected all our draft laws and motions to limit migration and defamed us as more right-wing than right-wing. Hagel can point his bigoted finger at others as much as he wants: his party, under Interior Minister Strobl, believes it can tackle the rampant problem of migrant knife-wielding men with pseudo-solutions like gun-free zones. But this problem no longer needs to be ‘debated in our country’ – it must finally be solved. But apart from the AfD, no one wants or can do that.”

Read more here…

Tyler Durden
Wed, 05/21/2025 – 06:30

Nike Is Still America’s Favorite Apparel Brand

Nike Is Still America’s Favorite Apparel Brand

There are few markets where brands matter more than in fashion and apparel

You can sell a white t-shirt for $10 dollars, or you can put a brand logo on it and sell the same shirt for $50 (or $120 for that matter). 

While some brands charge prices unaffordable for the majority of people and seek brand strength in exclusiveness, others happily cater to the mainstream and still manage to maintain a strong brand image.

Nike is one example for such a brand. 

Even though the company’s iconic Swoosh is omnipresent, the brand is almost universally loved – and not just by athletes. 

As Felix Richter reports, according to Statista Consumer Insights, Nike is the most popular apparel/footwear brand in the United States. 

Infographic: America's Favorite Apparel Brands | Statista 

You will find more infographics at Statista

When asked about the brands they bought products from in the past three months, 40 percent of the 2,168 Americans polled named Nike as one of their go-to brands, with the company’s largest rival Adidas a close second at 35 percent.

Other popular brands include American classics Calvin Klein, Levi’s and Ralph Lauren as well as Nike’s Jordan brand, New Balance and Under Armour, further illustrating the popularity of athleisure brands.

Tyler Durden
Wed, 05/21/2025 – 05:45

Houthis Add Key Northern Israeli Port To Target List For Ballistic Missiles

Houthis Add Key Northern Israeli Port To Target List For Ballistic Missiles

Via The Cradle

The Yemeni Armed Forces (YAF.. Ansarallah/Houthis) announced that its leadership has decided to impose a blockade on the northern Israeli port of Haifa, in response to Tel Aviv’s violent escalation in the Gaza Strip. 

“In response to the Israeli enemy’s escalation of its brutal aggression against our brothers and people in Gaza … The Yemeni Armed Forces … has decided, with God’s help, to implement the leadership’s directives to begin work on imposing a naval blockade on the port of Haifa,” it said in a statement released on its media page early Tuesday.

“Accordingly, all companies with ships present in this port or heading to it are hereby notified that the aforementioned port has been included in the target bank since the time of announcing this statement, and they must take into consideration what is said in this statement and what will be stated later,” it added. 

Via Reuters

Since the Omani-mediated ceasefire agreement earlier this month – which saw Washington end its indiscriminate campaign against Yemen and Sanaa stop its operations targeting US ships – the YAF has targeted Israel several times. 

A May 12 report by the New York Times (NYT) revealed that US President Donald Trump was forced to agree to a deal that did not include Yemen halting attacks against Israel, given that the first weeks of the US campaign burned through $1 billion in munitions and “had not even established air superiority” over the YAF and the Ansarallah movement. 

In addition to the naval ban on Israeli-linked shipping in the Red Sea, Sanaa has also maintained a blockade on Ben Gurion Airport in Tel Aviv, which was directly struck by a Yemeni ballistic missile in early May. 

As a result, several international airliners have suspended flights to Israel. Tel Aviv has recently launched massive attacks on Yemen and has threatened to assassinate Abdul Malik al-Houthi, the leader of Ansarallah – which is merged with the YAF. The YAF carried out its first hypersonic ballistic missile attack targeting the city of Haifa on 23 April.

The Houthi decision to add Haifa port to its target list comes after Israel reportedly killed over 500 Palestinians in Gaza in just a few days

On May 17, Israel announced the start of Operation Gideon’s Chariots, which aims to bring the entirety of Gaza under Israeli control and will see the army displace the whole population and confine it to a small area in the southern region of the strip. 

After three months of a total blockade that compounded a severe humanitarian crisis in the strip, Israel allowed only five aid trucks into Gaza on Tuesday. Tel Aviv said it would only allow a “basic quantity” of food to enter Gaza. 

Tyler Durden
Wed, 05/21/2025 – 05:00

UK Space Ambitions Clash With NATO Airspace Concerns

UK Space Ambitions Clash With NATO Airspace Concerns

Via CityAM,

  • The UK’s new vertical launch spaceport at Saxa Vord poses risks to Icelandic airspace and territorial waters, potentially disrupting transatlantic flights and marine ecosystems.

  • Exclusion zones for rocket launches could interfere with NATO’s ability to effectively patrol the Greenland-Iceland-United Kingdom gap, an area of strategic importance for defense.

  • While a memorandum of understanding exists between the UK and Iceland, it may not adequately address the full defense and military ramifications of frequent space launches in this critical region.

When I relocated to the UK from New York in 1984, the Cold War was at its peak. US nuclear and conventional forces were spread across Europe and fears of a Soviet invasion or nuclear exchange were ever-present. In the UK, another critical strategic concern was the Greenland-Iceland-United Kingdom (GIUK) gap, which are two stretches of the North Atlantic separating these three countries. During the Cold War, Soviet naval forces aimed to control this gap to access the broader North Atlantic and block NATO reinforcements to Europe, a scenario famously depicted in Tom Clancy’s Red Storm Rising.

After the Cold War ended and the so-called Peace Dividend reduced the gap’s significance, its strategic importance faded. However, since 2014, with Russia’s renewed assertiveness, the GIUK gap has regained prominence in NATO planning. The US reopened Keflavik Naval Air Station in Iceland in 2016, re-established its 2nd Fleet in 2018 to protect the gap and, as recently as March 2025, Standing NATO Maritime Group 1 increased its patrols in the region.

I warn of danger

While NATO has prepared for Russian threats, a new risk closer to home is now emerging: the UK’s and Europe’s first vertical launch spaceport at Saxa Vord, Shetland. Ironically, this site was once an RAF early warning and air defence base during the Cold War, bearing the motto Praemoneo de Periculis, or “I warn of danger”.

Commercial space launches are still in their infancy, but recent incidents such as SpaceX’s launch failures – spreading debris across Florida and the Caribbean and grounding flights – and a Norwegian test rocket explosion highlight the risks. Saxa Vord itself attempted a rocket launch last August, resulting in an engine explosion. The international nature of space launches means that countries near Saxa Vord, especially Iceland, are directly in the path of up to 30 planned launches per year, four a month at peak, with ambitions to increase to 40 or 50 annually.

These launches pose multiple risks to Iceland and the GIUK gap:

  • Rockets may enter Icelandic airspace, with first-stage returns falling through Icelandic airspace and into territorial waters.

  • Catastrophic failures could scatter debris, whilst hazardous chemicals from rocket propellants threaten marine ecosystems.

  • Rerouted transatlantic flights of up to 76 a day, according to Icelandic air traffic control’s ‘anonymous’ response to the CAA’s Saxa Vord licence consultation.

  • Even more importantly and less scrutinised – the presence of exclusion zones for launches could undermine NATO’s ability to patrol the gap effectively.

Memorandum of Misunderstanding 

These risks are partly managed by a memorandum of understanding (MoU) signed between the UK and Iceland in July 2021. The MoU mandates the closure of designated Icelandic sea and airspace areas before launches and outlines some procedures for debris recovery. However, while a handful of Icelandic officials are aware of the implications, the broader political and media discourse in both countries has yet to grapple with the full defence and military ramifications of the impact of such numbers of launches into NATO’s strategic sea and airspace.

The current trajectory of UK space ambitions – and planned rocket launch from the UK – means the UK’s space ambitions could inadvertently undermine the very security framework that underpins Western interests in the North Atlantic and the Arctic.

There is an urgent need for both the UK and Icelandic governments to reassess the risks from Saxa Vord, ensuring that existing bilateral agreements align the UK’s space programme with enduring geopolitical realities and the security needs of NATO and its allies. Saxa Vord has to be a success – but upon the present strategy security triumphs space whilst Iceland is developing its own space strategy – which might well consider how launch capability could be nationalised to give greater control over risk.

Tyler Durden
Wed, 05/21/2025 – 03:30

Tea Or Coffee?

Tea Or Coffee?

Today, May 21 marks International Tea Day. 

With a global market valued at nearly $50 billion in 2023, tea is said to be the second most consumed beverage in the world. 

As the United Nations notes, the tea industry provides “a major source of income and export earnings for some of the poorest countries and, thanks to its high labor requirements, generates numerous jobs, particularly in remote and economically disadvantaged areas.”

As Statista’s Anna Fleck reports, Statista Consumer Insights surveyed 23 countries around the world to find out more about global tea drinking habits. 

It found that while tea was a popular choice for many respondents, coffee proved to be consumed by a higher share of adults in almost every country surveyed, save for Turkey, Morocco and India. 

Infographic: Tea or Coffee? | Statista 

You will find more infographics at Statista

In the United States a comparatively lower share of people said they drank tea (46 percent) or coffee (53 percent) regularly, while soft drinks were more popular (56 percent).

Tyler Durden
Wed, 05/21/2025 – 02:45

The Dark Side Of Denmark’s Welfare State

The Dark Side Of Denmark’s Welfare State

Authored by Alyssa Serebrenik via the Foundation for Economic Education (FEE),

For the past three months, I’ve been living in Denmark, and I genuinely loved it. The streets are clean, the bike lanes immaculate, and the sense of public trust is unlike anything I’ve experienced in the United States. It’s no wonder people romanticize this place—”free” healthcare, university stipends, and a government that many believe works well.

But the longer I stayed, the more I started noticing cracks. They weren’t always visible at first—more like patterns in conversation, stories from international friends, or the quiet discomfort that settled in certain moments. Coming from the United States, where diversity and individualism are more overtly woven into everyday life, I couldn’t help but notice how the very system that offers so much comfort in Denmark comes with a cost.

The Ghetto Laws: Welfare-Driven Discrimination in Practice

In 2018, Denmark introduced the “Ghettoplanen” (Ghetto Laws), later rebranded as the Parallel Society Laws. These policies target neighborhoods where more than half the residents are of “non-Western” background—a term that includes people from countries outside the EU and North America, even if they were born in Denmark or are second- or third-generation citizens. Children whose grandparents immigrated from places like Turkey, Lebanon, or Somalia are still counted as “non-Western” under the law.

If a neighborhood meets enough criteria—low income, high unemployment, and a “non-Western” majority—it faces state intervention. This can include:

  • Mandatory preschool from age one for all children of “non-Western” descent to instill Danish values,

  • Harsher criminal penalties for offenses committed within these zones,

  • Demolition of public housing and forced relocation of residents to “de-concentrate” immigrant populations, and

  • Restrictions on who can move in, effectively capping the number of “non-Western” residents.

The government claims these measures promote integration, but they operate more like demographic engineering. The message is clear: too much cultural difference in one place is unacceptable.

To someone from the United States, this feels disturbingly familiar. The targeted housing policies, the coded language about “undesirable neighborhoods,” the use of state power to reshape communities—it all echoes redlining. The difference is that in Denmark, it isn’t a buried legacy. It’s law, in force today, designed to preserve cultural homogeneity. And while the justification is social cohesion, the result is a system that penalizes people for their ancestry.

When Difference Becomes a Liability

Welfare states like Denmark’s aren’t built on taxes alone—they rest on a shared cultural foundation. The social contract assumes a common understanding of how to live: shared values, similar behaviors, and a broadly uniform way of life. While that foundation can foster trust and cohesion, it also creates pressure to conform.

Visible difference—whether in language, religion, dress, or worldview—can unsettle that cohesion. And instead of adapting to diversity, Denmark often manages it through policies and social norms that nudge immigrants and their children toward assimilation. In practice, it’s not just an invitation to integrate—it’s a demand. The result is a system where those who don’t—or can’t—fully assimilate face quiet exclusion. A nail artist from Nepal told me she’s struggled to make Danish friends despite living here for years. Friends of mine who are South Asian or Middle Eastern are routinely denied entry to clubs under vague excuses like “it’s full,” while white Danes enter with ease.

These aren’t isolated experiences. According to the EU Agency for Fundamental Rights, migrants in Denmark report higher levels of discrimination than the EU average. And despite topping global rankings in welfare provision and institutional trust, Denmark scores near the bottom when it comes to multicultural integration.

Much of this exclusion is hard to see. It’s not enforced through loud rhetoric or explicit laws, but through daily interactions, housing policy, and unspoken expectations. The discrimination is systemic, subtle, and often unacknowledged—and that silence makes it harder to confront. At the heart of this pressure to conform is Janteloven, a deeply rooted cultural code that discourages standing out or asserting individuality. While it promotes humility on the surface, it also reinforces social and cultural sameness. For many Danes, it creates cohesion; for outsiders, it can feel like an invisible wall. Combined with state policies that reward uniformity, Janteloven helps preserve a society that appears egalitarian but quietly resists pluralism.

By contrast, American society—despite its flaws—embraces individualism. Cultural differences aren’t always seamless, but they’re often viewed as part of the national fabric rather than a threat to it. Integration happens through voluntary participation in schools, workplaces, and communities—not through a central authority that defines how to belong. This more open model is far messier. But it leaves space for people to forge identity and belonging on their own terms—not through conformity, but through freedom.

Denmark’s Quiet Warning

I came to Denmark expecting to see the appeal of a so-called “well-run” welfare state. And in many ways, I did. The country is efficient, safe, and comfortable for those who largely fit the mold.

But I also saw how that same system—designed to provide security—can become rigid and exclusionary when difference is treated as disruption.

The lesson is that when sameness becomes the price of inclusion, something essential is lost. 

True equality isn’t created through top-down social engineering. It grows from the freedom to live differently—freely exchange ideas, build communities, and be accepted without having to blend in.

*  *  *

Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.

Tyler Durden
Wed, 05/21/2025 – 02:00

Trump Allows Massive New York Offshore Wind Project To Restart After NatGas Compromise

Trump Allows Massive New York Offshore Wind Project To Restart After NatGas Compromise

The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state that will also see cancelled plans for a gas pipeline revived, officials said on Tuesday.

Norway’s Equinor said construction work on the project, which is expected to provide power for half a million homes from 2027 onwards, can now resume. Shares in Equinor, which is mostly reliant on oil and gas, rose on the news. 

Denmark’s Orsted, the world’s largest offshore wind farm developer, which is constructing two plants off the coast of the United States, saw its shares jump by 15%. 

U.S. Interior Secretary Doug Burgum, who had issued the stop order on Empire Wind on April 16, said he was encouraged that New York Governor Kathy Hochul will now allow new gas pipeline capacity to move forward. The deal could revive plans to build the proposed Constitution natural gas pipeline from Pennsylvania to New York, which was cancelled in 2020 after years of regulatory and legal battles over environmental and other concerns.

“Americans who live in New York and New England would see significant economic benefits and lower utility costs from increased access to reliable, affordable, clean American natural gas,” Burgum wrote in a post on X on Monday. Hochul in a statement said New York would work with the U.S. administration and private entities on projects that meet the legal requirements under New York law.

“The road ahead for the Constitution Pipeline remains bumpy, but the broad strokes of a logical deal could be a win-win for end users,” analysts at energy consulting firm EBW Analytics said in a note.

Officials at U.S. energy firm Williams Cos, one of Constitution Pipeline’s joint venture partners, were not immediately available for comment. With U.S. President Donald Trump back in office and voicing his support for the Constitution project, executives at Williams have said the company was looking at dusting off plans for the pipeline under the right circumstances.

Norwegian Finance Minister Jens Stoltenberg, a former NATO chief who had discussed Equinor’s case with U.S. policymakers, said the deal to unblock the wind farm was ultimately a matter to be settled between U.S. authorities.
“This is an agreement about natural gas and wind made in the United States,” Stoltenberg told reporters in Oslo.
More broadly, he said the reversal was good news for investors in the U.S. as the stop-work order threatened to create uncertainty after permits had been granted by U.S. authorities.

Equinor had warned it stood to lose billions of dollars due to the order which sent shockwaves through the offshore wind industry, raising concerns that fully permitted developments representing billions in investment are not safe.

“This was an extraordinary situation where a fully concepted and approved project was stopped. I take it as a very positive sign that explaining the facts of this has changed the position,” Equinor CEO Anders Opedal told Reuters.
Officials from the U.S. Interior Department, who in issuing the stop-work order said the former Biden administration had rushed the project’s approval without sufficient environmental analysis, were not immediately available for comment.
Opedal said Equinor would give an update on the financial consequences of the delay when reporting second-quarter results on July 23.

Equinor, which had warned it was spending $50 million weekly to keep the project afloat during the suspension, said it would now work with suppliers and regulatory bodies to minimise the impact of the delay.

Equinor purchased the Empire Wind lease during Trump’s first administration in 2017, and the 810-megawatt project was approved under former President Joe Biden in 2023.

The project, which will use wind turbines from Vestas is 30% complete, according to the company. Trump has vowed to expand domestic energy production but wind is excluded from that effort. He issued an executive order on his first day in office, pausing new leasing and permitting of wind projects, which he says are ugly, expensive and harmful to wildlife.
An industry group praised the lifting of the stop-work order.

“The administration is clearing the way for major investments to move forward – activating American shipyards, creating high-quality jobs, and accelerating the build out of infrastructure needed to deliver reliable, domestic energy,” National Ocean Industries Association President Erik Milito said in a statement.

The U.S. has four operating offshore wind farms and four under construction including Empire Wind, Orsted’s Sunrise Wind off New York and Revolution Wind off Rhode Island and Dominion Energy’s Coastal Virginia Offshore Wind.

Tyler Durden
Tue, 05/20/2025 – 23:50