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One Reason This Energy Shock Is Not Like The One 15-Years Ago
One Reason This Energy Shock Is Not Like The One 15-Years Ago
Arend Kapteyn, the global head of economics and strategy research and chief economist at UBS, told clients that one key reason the current Middle East conflict-driven energy shock "is not like 2011-2014" will be the absence of a comparable response from the shale patch, suggesting consumers are more likely to bear the brunt of the pain.
Kapteyn noted that, on an inflation-adjusted basis, oil prices in 2011-2014 were actually higher than they are today, yet the U.S. economy absorbed that...
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Mar 29, 2026 / Jason Ditz
Netanyahu Frames Israel as Aggressors as IDF Continues to Kill Lebanese Paramedics
Ten additional Lebanese health care workers have been killed in Israeli attacks on ambulances and hospitals this weekend, bringing the overall toll of paramedics killed in the war this month to at least 51 as the invasion of Lebanon continues to expand. Nine of the health care workers were killed in various attacks on Saturday, […]
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Apr 29, 2026 / Tyler Durden
Billionaire Tim Draper: You Should Be Scared If You Don't Own Bitcoin
Billionaire Tim Draper: You Should Be Scared If You Don't Own Bitcoin
Authored by Micah Zimmerman via Bitcoin Magazine,
Speaking on the Nakamoto Stage, Tim Draper told attendees that bitcoin has entered the financial mainstream and that governments now roll out “the red carpet” for the industry. He said the community is “starting to feel like something is happening” as adoption grows, and he cast that shift as the early phase of a larger transition in the money system.
In his view, people will move in stages: first from dollars to stablecoins,...
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Jun 29, 2026 / Tyler Durden
The Party Of 'Our Democracy' Has Nothing Left But Chaos
The Party Of 'Our Democracy' Has Nothing Left But Chaos
Authored by James Howard Kunstler,
“. . . there is no saving the Left. Whatever happens to them, it will have to happen without people like you or me trying to get them to return to any place of sanity.”
- Sasha Stone on Substack
A punishing heat-dome creeps over the eastern half of the country just in time for the gala Fourth of July week.
The days are brutal, but anything and everything crawls out of the woodwork when that blazing sun...
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