Trump 'Preparing' US Military If Talks Fail, Proclaims Iran Has 'No Cards' - As Tehran Demands End To IDF Attacks On Lebanon

Stablecoins And The Rebasement Of The Dollar Authored by Lance Roberts via RealInvestmentAdvice.com, The “fiat is dying” argument has become a catchphrase narrative among digital asset bulls, gold bugs, and cryptocurrency advocates. That narrative’s core is that central banks have printed vast amounts of money. The “money printing” has led to currency debasement and rendered the U.S. dollar obsolete. We discussed this “debasement” narrative previously. The narrative is seductive: inflation is out of control, the government is printing money, and the dollar is on its last legs. But while there are real risks to watch, most headlines sell fear...

Et Tu, Indonesia! As the squeeze continues on China's energy supply (and Xi has started to lash out here and here), we suspect the next words out of the Chinese leader's mouth (if he spoke Latin) will be "...et tu, Indonesia!" As Stephen Green writes at PJMedia, it might have seemed like one of those dry, bureaucratic, almost meaningless announcements on Monday, when War Secretary Pete Hegseth posted on X that the U.S. and Indonesia "are elevating our relationship to a Major Defense Cooperation Partnership."  This arrangement “will explore mutually agreed cutting-edge...

US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000 Authored by Mary Prenon via The Epoch Times, America’s mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report. The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years. “Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years...