State Wars Bleed a Nation to Death

ZeroHedge Fertilizer Debate: Hormuz Closure Could Usher In New Arab Spring  On Friday, ZeroHedge, in partnership with the Macro Dirt Podcast, hosted a debate focused on the implications for agriculture, inflation, and global supply chains given the current situation in Iran. The discussion was illuminating and worth a rewatch if you missed it.  The discussion featured former Bridgewater head of commodities Alex Campbell, Brent Johnson of Santiago Capital, and was hosted by Tony Greer and Jared Dillian. The Damage Has Been Done Even in a best case scenario where shipping lanes reopen immediately, Santiago...

France Approves Record Number Of Asylum Applications In 2025, Up 12% YoY Via Remix News, The latest data released by the National Court of Asylum reveals a historic statistical milestone: asylum grants in France have reached an unprecedented peak. In 2025, a record 78,782 individuals were granted asylum, marking a 12 percent increase over the previous year. The recognition rate has also climbed to an all-time high of 52.1 percent – or 47.1 percent when excluding unaccompanied minors. The initial stage of the asylum process is managed by the French Office for the Protection...