If This Is Real, We Are Cooked...

Iran Reportedly Sends Large Ballistic Missile Salvo On Jordan, After US Strikes Iranian Oil Tankers Summary US Strikes Iran: US forces reportedly hit Iranian oil tankers near Kharg Island and Jask. Iran Targets US Ships & Jordan: Iran reportedly launched another attack on US naval assets, though no American ships were hit, say US officials. Ballistic missiles raining down on Jordan overnight.  Oil Near $100: Brent crude surged as tensions threaten Iranian exports and the Strait of Hormuz. Houthis Hit Saudi Arabia: Ballistic missiles and drones struck Saudi energy and military targets, causing fires and operational disruptions. Yemen War...

Britain Goes Full 'Airstrip One' Authored by Stephen Green via PJMedia.com, In George Orwell's 1984, Great Britain was just a province of Oceania named "Airstrip One" as a none-too-subtle nod to the U.K.'s role as host to the heavy bombers of U.S. Eighth Air Force during World War II. Four decades past the real 1984, and there's still no Oceania. But Britain looks more and more like Airstrip One as Parliament considers a bill opening up everyone's smartphone to government supervision — and jail time for tech execs who don't submit. You had to...

Does Demand Create Supply? Authored by Frank Shostak via Mises Institute, By popular thinking, increases in demand cause economic growth. According to such thought, whenever the economy falls into a recession what is required is to strengthen demand. Since government is seen as an important part of total demand, what is then required is to increase government outlays, thereby lifting overall demand and hence increasing economic growth. According to the popular view, it is also possible to strengthen overall demand through the inflationary increases in money supply. With more money in their...