When Socialists Tell You Who They Are, Believe Them

Freddie Mac: Multifamily Delinquency Rate Rises To Multi-Decade High Authored by Ryan McMaken via The Mises Institute, Fannie Mae and Freddie Mac (also known as "GSEs") have released their August reports on their mortgage portfolios and mortgage delinquencies. Both are reporting that serious delinquencies in multifamily are rising to multiyear highs. Freddie Mac, in particular, shows delinquency rates at the highest level in more than twenty years. (These numbers reflect the condition of mortgages in each agency's portfolio, which are a major part of the overall mortgage market. Fannie and Freddie have...

Hormuz Bypasses Maxed Out: Saudi East-West Pipeline Hits Record 7 MMb/d, As UAE Fujairah Crude Loadings Reach Capacity The ramp up in Saudi Arabia's Hormuz-bypassing East-West pipeline has been nothing short of remarkable. Two days after we reported that flow through the pipeline which crosses Saudi Arabia east to west for oil flows (hence the name) and is also known as the Abqaiq-Yanbu pipeline for nat gas flows had doubled from roughly 1.5 million before the war, today Bloomberg updates on the latest flow numbers and it now appears that the...

Finland & Spain Have The Highest Unemployment Rates, Japan The Lowest Unemployment across the OECD averaged 4.9% in May 2026, but labor market conditions continued to vary significantly from one country to another as economic growth slowed across parts of the developed world. This visualization ranks seasonally adjusted unemployment rates for people aged 15 and older across OECD member countries in May 2026, using data from the OECD. Finland Tops the Ranking Finland recorded the highest unemployment rate among OECD countries at 10.8%, narrowly ahead of Spain at 10.3%. The country’s labor market challenges have been...