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US holds secret indictment of Delcy Rodriguez, top opposition journo claims
The Trump administration is using a secret indictment to assert leverage over Venezuela’s Acting President Delcy Rodríguez, according to the editor-in-chief of the US government-funded outlet, Armando.info. “One of the information we manage is that the US is holding an indictment against [Rodriguez] to make it public, just in case she derails,” Valentina Lares Martiz […]
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Mar 24, 2026 / Tyler Durden
Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022
Terrible 2Y Auction: Biggest Tail In 3 Years, Dealers Highest Since 2022
With both foreign and domestic investors dumping gold (and anything else not nailed down) to fund oil, at its brand sparkling new price of $170 (in Asia), we were wondering how long before the lack of disposable cash hits US debt. We got the answer today at just after 1pm when we got the results of today's $69 billion 2Year bond auction. In a nutshell, it was terrible.
The auction priced at a high yield of 3.936%, up from...
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May 5, 2026 / Wanjiru Njoya
Remembering the Costs of War
As the US is involved in yet another pointless war, we would do well to remember the real costs of war, how it strips us of our liberties, and destroys our futures.
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Jun 8, 2026 / Tyler Durden
10 Enduring Lessons From Adam Smith
10 Enduring Lessons From Adam Smith
Authored by Nikolai G. Wenzel via The Daily Economy,
Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the School of Salamanca and the French Physiocrats, but Adam Smith's 1776 magnum opus, "An Inquiry Into the Nature and Causes of the Wealth of Nations," was the first comprehensive treatise.
A statue of Adam Smith in Edinburgh, Scotland, in a file photo. Travel Telly/Shutterstock
In this 250th anniversary year, much ink will be spilled - and with good reason...
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