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Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery
Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery
Treasury Secretary Scott Bessent's description of "suffocating" the Iranian regime through economic and financial pressure, whether via sanctions or the US military blockade of the world's most critical maritime chokepoint, now appears to be showing up in the data.
New geospatial intelligence indicates that Iran's main crude export terminal has gone quiet, while a separate report suggests seaborne oil exports have effectively been halted for the past month.
The first report comes from Bloomberg, which cited European satellite imagery showing a...
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Jun 15, 2026 / Thiago V. S. Coelho
Moloch in the Regulatory State
Regulatory systems are infamous for creating “traps” in seem to be impervious to reform. Regulators seek to “drain the swamp,” but, instead, find themselves up to their necks in alligators.
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May 16, 2026 / Tyler Durden
New Fed Chair Kevin Warsh's Job Is Impossible
New Fed Chair Kevin Warsh's Job Is Impossible
Submitted by QTR's Fringe Finance
Congratulations to Kevin Warsh on officially becoming the next Federal Reserve chair. Unfortunately for him, he may have just accepted the worst job in global finance at the worst possible moment.
Warsh was narrowly confirmed this week in the most partisan Fed chair vote in modern history, inheriting a central bank that has spent years under political attack while gliding straight into a macroeconomic minefield. Inflation just accelerated to a three-year high. Oil is higher amid Middle East tensions....
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May 4, 2026 / Tyler Durden
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
Authored by Michael Snyder via The Economic Collapse,
Americans were not even this stressed about their financial situations during the Great Recession. As you will see below, a brand new Gallup survey has discovered that 55 percent of Americans believe that their finances are getting worse. That is higher than any reading that Gallup recorded during the recession of 2008 and 2009, and it is higher than any reading that Gallup recorded during the pandemic. But of course...
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