The Petroyuan Myth: War Failed To Shake The Dollar

The US Doesn't Have An Oil Problem - It Has A Refinery Problem One of the enduring weaknesses of the modern US economy is the lack of redundancy.  As long as most of the world is operating normally and there are no serious geopolitical disruptions, America's "just in time" system works fine.  But, throw a monkey-wrench into distribution, global exports, freight systems, shipping or elements of production and cracks quickly form in the armor.   This does not mean that the US economy can't adapt; the pandemic shutdowns were horrifically pointless but...

The head of the Iranian negotiating team says Tehran will not engage with Washington in peace talks until the US abides by its commitments under the Memorandum of Understanding (MOU). Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that current negotiations are focused on implementing the MOU, and not a peace deal to bring the war […]

Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport Perhaps incompetence is contagious... A Secret Service agent tasked with protecting Jill Biden managed to become his own biggest threat, accidentally shooting himself in the leg at Philadelphia International Airport last week, according to Reuters. Thankfully, Biden wasn’t anywhere nearby, presumably because the universe decided one crisis at a time was enough. Photos: Daily Mail The report says that the incident, politely labeled a “negligent discharge” (bureaucratic code for oh sh*t), happened in an unmarked car just before 9...