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The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking
Authored by Kurt Cobb via Resource Insights,
Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production.
Disruptions in oil and LNG flows through the Strait of Hormuz are already removing a significant share of global energy, with cascading impacts across industries.
Rising energy costs trigger widespread knock-on effects—from food and travel to semiconductors—potentially leading to a severe global recession.
A priest, an engineer, and an economist are...
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May 4, 2026 / Tyler Durden
Cigna To Exit Obamacare In 2027 Amid Rising Costs
Cigna To Exit Obamacare In 2027 Amid Rising Costs
Authored by Mary Prenon via The Epoch Times,
The Cigna Group, one of the country’s largest health services and insurance firms, is joining others, including Aetna and UnitedHealthcare, in divesting its individual health exchange business.
By the end of 2026, Cigna Group will no longer offer insurance through the Affordable Care Act (ACA), also known as “Obamacare,” the company said during its April 30 earnings call.
According to its first-quarter earnings report, as of March 31, the company’s individual exchange business had 369,000 members...
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Oct 17, 2026 / Tyler Durden
Two More Tankers Hit Off Saudi Coast As Brent Tops $110
Two More Tankers Hit Off Saudi Coast As Brent Tops $110
Brent crude topped $110 a barrel to end the week for the first time since May as drone and missile attacks on energy infrastructure, from the Gulf to the war in Ukraine, cast a very dark cloud over oil and products market ahead of the Northern Hemisphere winter.
The global benchmark rose 3.7% Friday, marking the second consecutive week of gains as traders ramped up bullish bets on crude ahead of the weekend.
Bloomberg reports that two tankers were struck...
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Apr 13, 2026 / Tyler Durden
The 5 Places In America You Don't Want To Be When Society Collapses…
The 5 Places In America You Don't Want To Be When Society Collapses…
Authored by Milan Adams via preppgroup.home.blog,
There’s a strange kind of comfort people have when they think about disaster. Not the dramatic kind you see in movies, but something quieter, almost subconscious—the belief that if something really bad were to happen, there would still be time to react. Time to think. Time to leave. Time to make the right decisions.
The problem is, history doesn’t really support that idea.
When things begin to fail on a large scale, they don’t...
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