Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global's Services PMI plunge into contraction in March, ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still in expansion but worse than the expected 54.9)... Source: Bloomberg Under the hood it was a very mixed bag with a surge in New Orders (highest since Feb...

The Food Supply Chain Is Breaking... Again Authored by John Rubino, Spring has sprung, which means seeds that were planted in late winter are starting to germinate. They’re hungry and will only grow to their full nutritional potential if they’re well fed. But that, apparently, isn’t happening, as fertilizer supplies are interrupted by yet another pointless Middle East war. The result? Global food shortages that might dwarf the COVID-era Costco-hoarding mess of recent memory. Here’s an overview: Shanaka Anslem Perera @shanaka86 BREAKING: The nitrogen trap just closed. Three locks snapped shut simultaneously. The planting window is closing behind them....

Former Taiwanese Presidential Candidate Sentenced To 17 Years In Corruption Case Authored by Dorothy Li & Frank Fang via The Epoch Times (emphasis ours), TAIPEI, Taiwan - A Taipei court on March 26 found a former presidential candidate guilty of corruption-related charges and sentenced him to 17 years in prison, a verdict that has attracted domestic media attention amid the ongoing political deadlock in Taiwan. Ko Wen-je, former Taipei mayor who ran in Taiwan's presidential race in 2024, leaves the Taipei District Court in Taipei on March 26, 2026. Song Pi-lung/The Epoch...