Ron Paul: Mother Of All Economic Crisis Will Lead To "Social Unrest & Violence"

UN Security Council Passes Iran War Resolution, Yet With No Mention Of US Or Israel Many independent pundits have long complained of the emptiness of the United Nations as some kind of 'moral authority' - given it often claims to be just this. The vacuous nature of UN statements connected to war is on display once again as the Security Council (UNSC) issued a formal condemnation of the Iran war on Wednesday, but without mentioning either the United States or Israel at all. For this reason, Iran quickly slammed the vote,...

Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave Building on our earlier "Global Demand Destruction" note, which mapped how the Gulf energy shock is spreading globally and the immediate effects of rationing, price controls, and fuel shortages, another second-order disruption is quickly emerging: supply chain disruptions in critical plastic feedstocks. Plastics are core to the modern economy, and a troubling new Bloomberg report indicates that several producers of monoethylene glycol (MEG) and purified terephthalic acid (PTA) have declared force majeure, as tanker flows through the Strait...

"The Roaring 2020s Are Back": S&P Futures Hit New Record With Nasdaq Up 12 Straight Days On Iran Truce Optimism Stock futures are edging higher on continued optimism about an extended truce in the Middle East, while Taiwan Semi's solid results have sparked another leg higher in AI trade. As of 8:15 am ET, S&P 500 futures rose 0.1%, while Nasdaq 100 contracts +0.2%, and on pace for a 12th day of gains. The early hours of the session saw a sharp rally in technology stocks after TSMC's upbeat revenue...