ECONOMY
The Crisis In The Strait Of Hormuz Is The Greatest Threat To The Global Economy In My Entire Lifetime
Nobody was ready for a scenario in which the Strait of Hormuz is blocked for an indefinite period of time. The Iranians think that they will eventually get what they want by holding commercial traffic through the Strait of Hormuz hostage and causing as much pain for the global economy […]
The Housing Affordability Trap
Donald Trump sure has a strange approach to making housing more “affordable”. He apparently wants lower costs for buyers and higher prices for owners and sellers! “I don’t want to drive housing prices down. I want to drive housing prices up for people who own their homes.” Needless to say, as […]
Widespread Rationing And Global Energy Shortages Are Baked In No Matter When The War Ends Now
It is difficult to believe the pace at which global events are now moving. Apocalyptic threats are being thrown around recklessly and severe damage is being done to the global economic system every single day. A lot of people still seem to think that economic conditions will snap back to […]
The Big Money Mirage
Two-Week Reprieve “Big money will be made.” The remark was made by President Donald J. Trump on Truth Social following the ceasefire deal with Iran. Who will make the big money is unclear. But it sounds good, nonetheless. With the announcement of the two-week reprieve in bomb dropping and missile strikes, and […]
The Economic Destruction of Trump’s War Goes Far Beyond High Gas Prices
For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy […]
This Is Going To Be A Complete And Utter Disaster For The Global Economy
Iran is still holding traffic through the Strait of Hormuz hostage, and the entire world is going to suffer. Before the war, commercial traffic through the Strait of Hormuz flowed freely, and the global economy functioned normally. But even though there is a temporary ceasefire, Iran continues to maintain a […]
Inflation Was Already Rising Before the War – Now the Real Surge Begins
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, rose 0.4% in February alone and is now running at 2.8% annually, while core inflation, which strips out food and energy, is still sitting at 3.0%. That is not progress. That is stagnation well above the Fed’s 2% target, […]
The Theft of Your Good Deflation
Your dollar has lost 96-97 percent of its purchasing power since 1913. This is not bad luck or mysterious market forces. It is the result of deliberate policy choices that steadily, quietly drained your wealth—and convinced you it was being done for your benefit. The World That Was Stolen For […]
“A permanent hit to living standards” – Iran War agenda revealed.
Just six weeks in, we’ve already got “global Economic scars” that will “define a generation”. That was fast. The Iran War has been going on for less than six weeks, has thus far involved no infantry engagements of any kind on either side, and is currently in the middle of […]
Is the Dollar Collapsing? 8 Key Indicators You Can’t Ignore
There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral. Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridiculous assumption that there will be no […]
