ECONOMY
Trumpism and the Fading Dollar
“You put the lime in the coconut, you drank ‘em both up.” – Coconut, Harry Nilsson Breakdown and Reordering of Trade The breakdown and reordering of global trade via President Trump’s tariff policies will have many consequences. Long established trade relationships come with mutual dependency. Abruptly severing or restricting these ties will […]
Foreclosure wave hits U.S. as cost-of-living crisis squeezes homeowners
Amid persistently high interest rates and economic strain, foreclosure filings surged in the first quarter of 2025, marking a sharp reversal after three consecutive quarters of decline. According to a report by ATTOM, a leading real estate data firm, the month of March alone saw 35,890 filings – an 11 percent monthly increase. […]
3 Shocking Truths Most People Don’t Know About Money In Bank Accounts…
Authored by Nick Giambruno via InternationalMan.com, Henry Ford once astutely observed that a revolution would occur overnight if people truly understood the banking and monetary system. That’s because modern banking is an elaborate illusion—one that lulls people into a false sense of security… until it’s too late. Large banks can fail within […]
Doug Casey on Trump’s Tariffs and the Coming Economic Fallout
International Man: President Trump recently imposed sweeping tariffs on much of the world, dubbing it Liberation Day. Trump declared: “It will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day we began to make America wealthy again.” What’s your take? Doug Casey: The […]
Federal Spending In 2025 Is On Track To Be The Highest Ever
The Republican leadership’s own numbers show that the Trump-approved budget under the Republicans will only increase each annual deficit further in coming years. (Mises Institute) For the first five months of the 2025 fiscal year, federal spending is coming in at the highest level ever. This is true even when we […]
How Richard Nixon Wrecked Free Trade
The year was 1971 and the claims against dollar-based debt were pouring in from every country. The rumor was that the US did not really have the gold to pay. Foreign holders of US assets decided to test the promise, just in case. Sure enough, Nixon panicked and shut the […]
Administration Lie of the Day: “Trump Goaded China into a Bad Position”
Treasury Secretary Bessent is a bad liar. Clowns portray it as 5D chess. Lie of the Day and Hoot of the Day Bessent: “This was driven by the President’s strategy. He and I had a long talk on Sunday and this was his strategy all along. And you might even […]
UK PM Starmer To Make Stunning Admission: ‘Globalization Is Over’
British Prime Minister Keir Starmer will soon declare something ZeroHedge readers have known for quite some time – the economic system championed by the international elite is dead and gone. Starmer’s office told the Sunday Times that, “The world has changed, globalization is over and we are now in a new era.” “We’ve got […]
What Happens if All Trade With China Comes to a Screeching Halt?
This is no longer a highly unlikely scenario after Trump threatens another 50 Percent Tariff on China. The lead image is from Chad P. Bown, Senior Fellow at PIIE. Trump’s Social Media Threat “If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, […]
The Financial Kessler Effect
Like orbiting space debris, every loan that has been collateralized by an illiquid asset is a high-speed projectile with the potential to disable any other part of the system it impacts. Complex systems can undergo what’s known as phase shifts, where the state of the system changes abruptly. The classic example of […]
