Oil Spikes To Session High As Iraq Starts Shutting Output At Massive Oil Field

Iranian Foreign Ministry spokesman Esmaeil Baghaei said on Wednesday that the US was repeating “big lies” about Iran’s nuclear program, comments that came after President Trump delivered his State of the Union address. In the address, Trump claimed he wanted a deal with Iran but that Tehran wouldn’t say “those secret words, ‘We will never […]

We Want One Solution, But One Solution Can't Solve Our Polycrisis Authored by Charles Hugh Smith via Substack, Whatever the problem, our minds seek one solution--preferably a simple one--to escape the trackless wilderness of complex, inter-connected problems. Problem-solving boils down to identifying the key problem and finding a fix that’s easy to understand and straightforward to apply. Our minds rebel when confronted with polycrisis, a knotted mess of inter-connected problems, and so we apply solutions we already have in hand. As I explained in previous Musings, this leads us to modify our...