Trump Says Americans Opposed To Iran War Are 'Foolish', Affirms 'Final' Tuesday Deadline After Iran Again Rejects Ceasefire

President Trump said in an interview with the Daily Mail on Sunday that he expects his new war with Iran to last “four weeks or so” as US and Israeli strikes continue to pound Iran and Iranian missiles and drones continue to make an impact in Israel and target US bases in the region. “It’s […]

The Cheap Foreign Labor Regime Blocking Agricultural Intelligence Authored by RJ Hauman via American Intelligence, I grew up in Camarillo, California: fertile soil, Mediterranean climate, strawberries, avocados, lemons, citrus, and family farms passed down through generations. The kind of place that sells itself, and does. Read the city’s own description of its agricultural economy and you will find every word you would expect: rich agricultural legacy, farming passed down, agricultural education, sustainability, drip irrigation, precision sensors, AI-driven robotics, research partnerships, and a North American AgTech market projected to reach $16 billion by...

Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute). We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...