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Report: Joint Chiefs Chairman Warns Trump of Significant Risks if US Attacks Iran
Updated on February 23, 2026, at 4:52 pm EST Chairman of the Joint Chiefs of Staff Gen. Dan Caine, the highest-ranking US military officer, has warned President Trump that there would be significant risks that come with attacking Iran, including the possibility of a protracted war, Axios reported on Monday. Two sources told Axios reporter […]
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Feb 13, 2026 / Alexander Gallé
Understanding Argentina's Decades of Economic Crises
In his recent address at the Davos Conference, Argentina’s president Javier Milei told those attending why Argentina has had one inflationary crisis after another. Milei says that Austrian economics can end the nightmare.
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Gary Galles
Subsidizing Higher Education Is Not Creating Widespread External Benefits
Feb 23, 2026 / Tyler Durden
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Authored by Daniel Lacalle,
The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration.
Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis.
In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...
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