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Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Authored by Jeffrey Tucker via The Brownstone Institute,
Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.
What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.
It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...
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Feb 20, 2026 / Tyler Durden
With Shaky Reasoning, Trump Weighs Limited Initial Strike On Iran To Force A Deal
Having amassed the heaviest US air power in the Middle East since the disastrous 2003 Iraq invasion, President Trump is now considering an initial, limited strike on Iran to force it to bow to the maximalist demands of Israel and the United States. The idea is based on two deeply questionable premises: Reported by the Wall Street Journal, the single-strike scenario […]
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Jun 14, 2026 / Tyler Durden
Former UK Prime Minister Admits Mass Migration Is Being Weaponized To Undermine Western Civilization
Former UK Prime Minister Admits Mass Migration Is Being Weaponized To Undermine Western Civilization
Authored by Steve Watson via Modernity,
In the space of hours, Britain endured yet more random barbaric violence. A 17-year-old girl was stabbed in the neck on a quiet residential street in Burnley, Lancashire, and a 21-year-old man was murdered in Central Park, Chelmsford, Essex. These incidents form part of a relentless pattern of attacks that former Prime Minister Liz Truss directly links to mass migration policies and the deliberate undermining of British society.
Truss described institutions corrupted...
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Jul 30, 2026 / Tyler Durden
Bank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check'
Bank Of Japan Confirms Yen Intervention, Fed Conducted 'Rate Check'
Update (1645ET): Nikkei reports that market participants learned that the Japanese government and the Bank of Japan intervened in the foreign exchange market by buying yen and selling dollars.
Additionally, Nikkei confirmed that the US monetary authorities conducted a "rate check," a preliminary step before intervention.
This indicates that Japan and the US worked together to curb the yen's depreciation.
* * *
Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of...
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