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Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy

Choose One: Housing Is Shelter, Or Housing Is Just Another Asset In A Bubble Economy Authored by Charles Hugh Smith via Of Two Minds, This will get massive pushback because it's true: either Housing Is Shelter, or Housing Is Just Another Asset in a Bubble Economy - it can't be both. This reality gets pushback because the conversion of housing from shelter into just another asset bubbling higher in a bubble-dependent economy has been so profitable for those inflating the bubble. The basic pushback goes like this: housing has always been an...
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Apr 9, 2026 / Tyler Durden
The Economic Destruction Of Trump's War Goes Far Beyond High Gas Prices
The Economic Destruction Of Trump's War Goes Far Beyond High Gas Prices Authored by Connor O'Keeffe via the Mises Institute, For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy chokepoint, the Iranian government did exactly what they said they were going to do if Trump and Netanyahu ordered this attack and...
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Jun 15, 2026 / Tyler Durden
Trump: Ships Starting To Move Through Strait Of Hormuz
Trump: Ships Starting To Move Through Strait Of Hormuz Summary: Trump: Ships starting to move through strait or Hormuz Vice President JD Vance Begins Optics Roadshow to Boost Investor Confidence On Deal  Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening Trump President Trump on Monday claimed on Truth Social that commercial ships loaded with oil are transiting the Strait of Hormuz followinmg an announced deal to end hostilities with Iran. "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," he wrote. "They are going along...
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Jul 8, 2026 / Tyler Durden
Trump Tells Bessent To Halt US Trade With Spain, Calls Madrid A "Wasted Cause"
Trump Tells Bessent To Halt US Trade With Spain, Calls Madrid A "Wasted Cause" During a NATO summit in Ankara, President Trump instructed Treasury Secretary Scott Bessent to cut off trade with Spain over defense spending. "I didn't speak to Spain. Spain is a wasted cause. We don't want to do any trade business with Spain anymore," Trump told reporters. "By the way, I'd like you to cut it off," the president said, turning to Bessent, who replied: "Yes, sir." Trump then added, "Take it immediately. Don't even talk to them. They're...
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