The Private Credit Crisis Is Spreading

The Petrogas-Dollar: Symptom Or Strategy? Authored 'No1' via Gold and Geopolitics substack, Three people sent me Richard Medhurst’s petrogas-dollar piece this week. I read it. Twice even. There’s a lot in there that I feel is correct. The chronology of the Levantine Basin deals. Cheney’s 2001 National Energy Policy. The roughly $35 billion of Chevron contracts signed across Israel, Syria, Greece, and Cyprus in the past six months. None of that is in dispute. The piece is, on the facts, broadly accurate. What I think though is that the reading of those facts is faulty. Some history.  In 1944 Bretton...

The German Bureaucratic Dream Of "Society with Bound Capital" Submitted by Thomas Kolbe They form a massive workforce, the last continuously growing sector of our society: civil servants. Approximately 5.5 million employees work in the public sector, and last year alone, 205,000 new civil servants were added. This is by no means a blind attack on the bureaucracy. Civil servants indispensable to our society work to maintain internal and external security and uphold the judiciary as guardians of law and order. Yet the question must be allowed. How can a civil service army grow...

These Are America's Biggest Christian Groups The Catholic Church is America’s largest Christian group - but it doesn’t have the most churches. Drawing on data from the U.S. Religion Census, compiled by Julie Peasley via Visual Capitalist, this visualization compares the country’s biggest Christian denominations by two measures: adherents and congregations. The comparison highlights a key divide in how these groups are structured. Catholics lead by membership, while the Southern Baptist Convention leads by church count. Non-denominational churches also rank near the top on both measures, reflecting how the composition of American Christianity has...