Article
Why The Crash Was Delayed
Why The Crash Was Delayed
Authored by Robert Aro via Mises Institute,
Whatever happened to the mother of all crashes that was supposed to arrive when the Federal Reserve began tightening its balance sheet back in 2022? For several years, I’ve been scratching my head, convinced that draining the balance sheet by trillions of dollars should have triggered a systemic banking failure or some other Black Swan event. In the past, crises like Lehman/AIG or the 2020 lockdowns took the blame, when in reality, the root cause was always monetary.
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Record 1 In 16 People Worldwide Now Use Drugs, UN Report Says
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Authored by Naveen Athrappully via The Epoch Times,
One out of every 16 people in the world uses drugs, the highest level at any point in human history, the United Nations said in a June 26 post on X.
“While cannabis remains the most widely used drug, the global cocaine market has reached record levels,” the U.N. stated in the post. In the 10 years between 2014 and 2024, global production of cocaine has surged by more than 370 percent.
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Jun 8, 2026 / Tyler Durden
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
Wix Tumbles After Cutting 20% Of Workforce, Warns Of Deeper Growth Slowdown
Website builder Wix announced an "organizational realignment" on Monday that will cut roughly 20% of its workforce, as the company warned of a sharper-than-expected slowdown in its Partners business.
The restructuring is designed to streamline operations, discontinue lower-priority initiatives, and reallocate resources toward Wix's core growth areas.
"The organizational realignment to streamline operations and reallocate resources to support the Company's top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries," Wix wrote...
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May 21, 2026 / Dave DeCamp
Report: Iran Reconstituting Its Military Much Faster Than the US Expected
Iran is reconstituting its military capabilities that were degraded by the US-Israeli bombing campaign much faster than expected and is already producing new drones, CNN reported on Thursday, citing sources familiar with US intelligence. One US official told the outlet that some US intelligence estimates indicate Iran could fully rebuild its drone capabilities within six […]
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