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Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have"
Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have"
Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony?
Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens.
Every believes Trump can pull a...
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Jul 7, 2026 / Tyler Durden
Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On
Welcome To Realpolitik, Which Will Be Co-Hosting Every World Cup From Now On
By Michael Every of Rabobank
It's easy to talk of the 'collapse of the rules-based order', but for most people it's too abstract to impact on their day-to-day lives. Then the US president --who claims he didn't know what a red card was-- calls up the head of FIFA to ask if the US World Cup team's leading scorer Balogun can have one suspended to play the round of 16 game vs Belgium - and it is. That...
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Aug 24, 2026 / Tyler Durden
Newsom Signs 'Stop Nick Shirley Act' To Stop Investigations Into Immigration 'Service' Provider Fraud
Newsom Signs 'Stop Nick Shirley Act' To Stop Investigations Into Immigration 'Service' Provider Fraud
Authored by AG News Staff via American Greatness,
California Gov. Gavin Newsom signed legislation Saturday expanding privacy protections for immigration service workers, despite warnings that the measure could chill investigative journalism and face First Amendment challenges.
Assembly Bill 2624, dubbed the "Stop Nick Shirley Act" by Republican Assemblyman Carl DeMaio, expands California's Safe at Home program to certain nonprofit employees who assist people navigating the U.S. immigration system.
The law will take effect Oct. 1, 2027, after Newsom leaves...
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Jun 6, 2026 / Tyler Durden
UK Conservatives Blast Labour North Sea Ban As 'Utter Madness'
UK Conservatives Blast Labour North Sea Ban As 'Utter Madness'
Authored by Tsvetana Paraskova via OilPrice.com,
The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s reliance on imports, Kemi Badenoch, the leader of the opposition Conservative Party, has said.
The ruling Labour government of Sir Keir Starmer has recently moved to permanently ban new oil and gas licenses in the UK section of the North Sea, drawing criticism from the...
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