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

Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade Wary of Iranian escalation that shuts down Red Sea traffic, the Kingdom of Saudi Arabia is asking the Trump administration to back off from its newly-implemented blockade of Iranian-linked shipping in the Strait of Hormuz, the Wall Street Journal reported on Monday evening. On Sunday, a senior advisor to Iranian Supreme Leader Mojtaba Khamenei warned that Iran has "large, untouched levers" to respond to such a blockade.  Perhaps ominously, Bab el-Mandeb translates to "Gate of Tears" (map via...

Poll Shows Voters Reject US-Israel Military Integration Authored by Brett Wilkins via Common Dreams A new poll of US voters published this week offers a warning for congressional lawmakers backing a plan to deepen military ties between the United States and Israel, finding that a clear majority of voters oppose the proposal—which some critics have called "treasonous." The Data for Progress survey of 1,217 likely US voters—conducted August 3–7 for Demand Progress and the Institute for Middle East Understanding (IMEU) Policy Project—revealed that 61% of respondents oppose legislation in the National Defense Authorization Act (NDAA) for 2027 that...

Heavy Russian strikes pounded targets across Ukraine overnight Tuesday into Wednesday, killing at least nine people and leaving hundreds of thousands without power as attacks hit multiple power plants. Photos show that at least one residential building in Kyiv’s Desnianskyi district was hit during the barrage, where Ukrainian officials say at least two civilians were […]