ECONOMY
Canada’s Housing Crisis Shows the Consequences of the Easy Money Era
Canada’s housing market has become one of the most expensive in the developed world, and the affordability crisis continues to worsen despite rising interest rates. Mortgage payments as a share of household income are now near record levels, leaving many first-time buyers completely priced out of the market while existing homeowners […]
What’s Your Number One Concern? War, Inflation, Economy, Jobs?
In the lie of the day, Trump says the “SAVE Act is all people care about!!!” Not only is the SAVE Act the #1 issue, it’s allegedly the only thing people care about. Desperation Sets In Truth Social: Great Job by hard working Scott Pressler on Fox & Friends talking […]
The Economic Impact Of This Horrifying War With Iran Is Not Going To Be Pretty
There is no way to get around it. We are facing a major global economic disruption, and the longer this war goes on the worse it will get. As I have reminded my readers on numerous occasions, our entire way of life is predicated on cheap energy, and the Middle […]
The $3 Trillion Private Credit Crisis Nobody Is Talking About
Blackstone raided its own balance sheet to cover record $3.8B in redemptions. Blue Owl froze withdrawals. PE stocks down 25-61%. Steve Eisman and forensic accountant Tom Gober say the insurance industry is the missing piece of the next financial crisis. Sup, freaks. The private credit market is cracking in real […]
BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn. What to know: Cracks in the global private credit market are rattling investors, raising concerns the stress could spill into crypto markets. Bloomberg reported Friday that BlackRock’s $26 billion […]
Famine Incoming? About One-Fourth Of All Globally Traded Nitrogen Fertilizer Normally Travels Through The Strait Of Hormuz
If the war with Iran persists for an extended period of time, a lot of people could literally starve. Approximately half of all global food production is dependent on the use of fertilizer. Without fertilizer, crop yields would drop precipitously and there wouldn’t be anywhere near enough food for everyone. […]
The Bretton Whoops
How fifty years of dollar supremacy are dying with a bang, not a whimper I’m pulling myself away from the Iran war coverage for a moment – don’t worry, the wrap-up is coming later today. But something needed saying first. The bombs make headlines. The economic unraveling happening quietly underneath […]
Kuwait Cuts Oil Output As Qatar Warns Hormuz Chokepoint Chaos Risks Global Shock
Update (1126ET): Kuwait began cutting crude oil output after storage tank farms began filling up, as crude could no longer be loaded onto very large crude carriers and transported through the Strait of Hormuz, according to The Wall Street Journal. Sources say the OPEC founding member is now weighing broader reductions in […]
Existing US Home Sales Collapse Despite Falling Mortgage Rates
Existing home sales just delivered one of the clearest signals yet about the true state of the housing market in 2026, and it is not the rebound narrative the mainstream keeps promoting. The latest data shows that existing-home sales fell 8.4% in January to a seasonally adjusted annual rate of just 3.91 […]
Doug Casey on the Dollar’s Debasement… Why Socialism Rises, and Wealth Taxes Follow
International Man: As inflation accelerates and the US dollar drifts toward its intrinsic value, how does that enrich asset owners while eroding wage earners’ purchasing power? Doug Casey: Inflation has always benefited rich asset owners at the expense of current earners. That’s true for several reasons. First, the earners have to pay […]
