A worst-case scenario could be just weeks away. Traffic through the Strait of Hormuz has been essentially paralyzed by the war with Iran, and there is a lot of speculation that the Houthis could soon bring commercial traffic through the Red Sea to a screeching halt. If such a scenario […]
Prior to the war with Iran, the world had more than enough oil and gas, and as a result it was very inexpensive. Now we have transitioned into a time when that is no longer true at all. Both sides in this war are now specifically targeting oil and gas […]
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 […]
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 war with Iran that we have been waiting for is officially here. The U.S. and Israel are absolutely pummeling Iranian military targets, and in return the Iranians are striking targets all over the Middle East. As you will see below, even a British military base in Cyprus has just been […]
Whether we like it or not, AI is radically transforming virtually every aspect of our society. We have already reached a point where AI can do most things better than humans can, and AI technology continues to advance at an exponential rate. The frightening thing is that it is advancing […]
I feel quite exasperated right now. Everyone knows that the economic numbers that federal bureaucrats in Washington are feeding us each month are fraudulent. It has been that way for a very long time. The employment numbers are a perfect example of this. Every month they give us a headline […]
Has anyone ever been more connected than Jeffrey Epstein? That is a serious question. Personally, I have never heard of anyone that has spent more time socializing with the rich and famous than Epstein. We are told that he was some sort of a financier, but in reality he seemed […]
As long as you have hope, you can face whatever challenges are ahead. Sadly, Americans have been losing hope at a rate that is absolutely unprecedented. As you will see below, optimism about the future has fallen to the lowest level ever recorded. One of the biggest reasons why people […]
For decades, the dominance of the United States has been primarily based on the strength of the U.S. dollar. Having the main reserve currency of the world has meant that everyone else has wanted and needed our currency. In fact, our currency is our number one export. Most Americans don’t […]