Oil Falls Further As US Prepares Return Of Diplomats To Mideast Embassies

Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have" Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony? Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens. Every believes Trump can pull a...

Germany Is Now Officially A Planned Economy Authored by Eduard Braun via Mises Institute, Germany’s push for a social-ecological market economy rests on far-reaching state interventions in energy and industry, including a government-driven hydrogen strategy. In a recent report Germany’s Federal Audit Office explicitly describes the policy as a planned economy and highlights fundamental problems. At the same time, it doubts that the government will reach its own targets, indicating that these climate-policy experiments are likely to fail even on their own terms. Germany’s “social-ecological transformation” is the political program of turning...