Recession Signal As Consumers Struggle To Pay Bills

One of the legacies of Keynesian thought is the belief that war is “good for the economy.” While war may help enable employment, nonetheless, its overall legacy is destructive, and even the jobs war “creates” are economically undesirable.

Putin Issues Some Frank Thoughts On 'Unpredictable' Iran War Russian President Vladimir Putin on Thursday delivered some rare, wide-ranging and frank commentary on the US-Israeli war against Iran. He compared the war and the Hormuz Strait closure, and subsequent impact on global energy, to the massive widescale impact of the Covid-19 pandemic. But he also stated that outcomes to the war are at this point too hard to predict. via ZUMA press The conflict, Putin explained, is now resulting in significant damage to international logistics, production and supply chains while putting intense pressure...

President Trump said in an interview with The New York Post on Monday that he won’t rule out sending troops into Iran as the war the US and Israel launched against the Islamic Republic on Saturday morning continues to rage. “I don’t have the yips with respect to boots on the ground — like every […]