PODCAST: Why This Recession is Different

America's Half-Trillion-Dollar Sewage Problem Authored by Autumn Spredemann via The Epoch Times (emphasis ours), Beneath city streets and suburban neighborhoods, a vast network of pipes and wastewater treatment systems is reaching the end of its life. This subterranean infrastructure is already suffering tens of thousands of failures per year, while exposing millions of Americans to contamination risks. Utilities, plumbing experts, and environmentalists warn that the scope of the problem has expanded rapidly in recent years. As of 2024, the Environmental Protection Agency (EPA) estimated that $630 billion in wastewater infrastructure investment would...

Trump Eyes Boots On The Ground Along Hormuz Shoreline Several reports this week into Thursday say the Trump administration is quietly weighing a major escalation - potentially deploying thousands of additional troops to the Middle East as the White House struggles to map out an end game in Iran, according to Reuters. Interestingly, the Reuters report doesn't include the phrase that Trump strongly campaigned against: 'boots on the ground'. Instead the report framed things more simply as "US weighs military reinforcements as Iran war enters possible new phase." Are the American people being...

G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade Update (1055ET): G-7 finance ministers used headlines in Asia, including calls for a meeting to discuss an SPR release, as a purely performative attempt to calm chaotic energy markets. Now that the emergency meeting is over, the group of leaders failed to agree on releasing crude supplies. Those headlines briefly hit Brent down from around $119/bbl to near $100, but once again, it appears to have been little more than a circus act as world leaders stare directly...