A tale of two worlds

Bob sits down with macro researcher Luke Gromen of Forest for the Trees to discuss the cascading supply chain consequences of a closed Strait of Hormuz.

How Global Economic Power Shifted In The Last 10 Years The global economic order has shifted dramatically over the last decade, with countries reshuffling positions amid inflation shocks, geopolitical tensions, pandemic disruptions, and the rapid rise of AI-driven industries. This graphic, via Visual Capitalist's Gabriel Cohen, compares the world’s 15 largest economies in 2016 and 2026 using IMF World Economic Outlook data, revealing which countries gained ground, which fell behind, and which surprised the most. The U.S. remains the world’s largest economy at $32.4 trillion in 2026 forecasts, while China crossed the $20 trillion...

After threatening to annihilate Iran with bombs, President Trump and the US national-security establishment have decided to do so with their tried and true foreign policy tool of sanctions — or, in this case, they’re calling it for what it is — a blockade, which, as most everyone recognizes, is an act of war just […]