Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare

Israeli airstrikes hit Gaza City on Thursday, killing at least two Palestinians, as Israeli attacks continue across Gaza in violation of the US-backed ceasefire deal. According to the Palestinian news agency WAFA, Israeli warplanes targeted civilians in Gaza City’s northeastern Tuffah neighborhood. On top of the two Palestinians who were killed, dozens more were injured. […]

Deflation Is Not The Villain - The Overleveraged Fiat System Is Authored by Nick Giambruno via International Man, It is important to clarify something here. While mainstream economists, the financial media, academia, and other gatekeepers of the rotten fiat currency system howl about the dangers of deflation, it is worth taking a moment to consider whether it is really such a bad thing. First, it is important to define our terms. The correct and true meaning of inflation is an increase in the money supply. So the correct and true meaning of deflation is...

"There Is No Day After Tomorrow"; Bessent Warns Of Consequences To Losing AI Arms Race To China Authored by Arthur Zhang via The Epoch Times, Treasury Secretary Scott Bessent said the United States cannot afford to fall behind China in artificial intelligence, warning that a Chinese lead would outweigh other U.S. advantages. "Beating China - there is no day after tomorrow if China wins at this," Bessent said on Sept. 9 at Breitbart News's "State of the Economy" event in Washington. "If they were to pull ahead of us on AI, then nothing...