Do you feel knots in your stomach due to financial stress? If so, you certainly have lots of company. All of a sudden, everyone is talking about the cost of living and prices are rising by double-digit percentages all around us. There are so many people out there right now that feel […]
What I am about to share with you is some of the clearest evidence yet that the middle class in America is being systematically destroyed. Young adults are forming middle class households at an extremely depressed rate, and that is because the American Dream is simply out of reach for […]
The infrastructure is now visible to those willing to see it. The systematic replacement of natural systems with artificial ones has reached into every domain—money, food, health, education, information. What began as isolated changes has revealed itself as a coordinated operation: the complete substitution of reality with decree, ownership with […]
What’s the impact on rent? Decline from Post-Covid Peak The decline puts the number of single-family units under construction near the middle of a very wide range of 236,000 on the low end and 990,000 on the high end. However, the number of multi-family units under construction is still enormous […]
As a thought experiment, consider these changes to our economy’s incentive structure. Warren Buffett’s partner Charlie Munger had a maxim: Show me the incentives, and I’ll show you the outcome. With that in mind, let’s look at two charts. The first is a chart depicting the use of ChatGPT. (Source: OpenAI Usage Plummets […]
Some readers might recall a year ago the internet was in an uproar about a commencement speech given by Kansas City Chiefs kicker Harrison Butker at Benedictine College, a private Catholic liberal arts school in Kansas. The speech went viral due to his denouncement of abortion, Pride Month, COVID-19 lockdowns […]
A one-word answer explains. Can you figure it out? Why the Trump Tariff Merry-Go-Round Won’t Stop Robert B. Zoellick, U.S. trade representative (2001-05), and deputy secretary of state (2005-06) explains in a WSJ op-ed. Please consider Why the Trump Tariff Merry-Go-Round Won’t Stop Anyone trying to make sense of President Trump’s […]
One Chart. Three Generations. Total Extraction. I saw this chart making the rounds on Twitter this week, and it stopped me cold. While the specific figures combine data from multiple sources, the trend is undeniable: in 1950, over half of 30-year-olds were married homeowners. By 2025, some analysts project that number as […]
Gold has served as humanity’s most trusted store of value for millennia, but recent enforcement actions have revealed a darker side to modern precious metals markets. Over the past decade, major financial institutions, institutions we are told to trust, have paid billions in fines for systematically manipulating gold prices, proving […]
Six days ago, the Canadian province of Nova Scotia announced a total ban on hiking, camping, hunting or other human activity in the forest. A breach of this new rule is punishable by a fine up to 28,000 Canadian dollars. Then, yesterday, New Brunswick decided to enforce a similar ban in their forests. The aim, […]