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"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level
"Dark" Tanker Fleet Shatters Iran's Hormuz Stranglehold As Gulf Oil Exports Top Two-Thirds Of Pre-War Level
Brent crude futures initially jumped overnight after The Wall Street Journal reported that President Trump has no interest in reviving the memorandum of understanding (interim peace deal) reached with Iran in June. The war-risk premium in Brent has since faded in New York premarket trading amid mounting developments this week that major Gulf producers, including Kuwait and Qatar, are increasing tanker flows through the Strait of Hormuz. Emerging diplomatic traction between Oman and Iran...
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Aug 10, 2026 / Tyler Durden
'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World
'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World
Via Greg Hunter’s USAWatchdog.com,
Eight-time, best-selling financial author Jim Rickards is warning of a financial calamity already underway that Treasury Secretary Scott Bessent is trying to contain. It is the Japanese yen carry trade where the US Treasury is propping up the yen’s value.
Is the yen carry trade coming to a halt and can it blow up things? Rickards says, “The answer is yes and yes..."
"Somebody wrote me and asked if the yen carry trade is...
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Apr 19, 2026 / Dave DeCamp
Israel’s Smotrich Calls for Netanyahu To Order the ‘Full Conquest of Gaza,’ Establishment of Jewish Settlements
Israeli Finance Minister Bezalel Smotrich on Sunday called on Israeli Prime Minister Benjamin Netanyahu to order the “full conquest” of Gaza and the establishment of Jewish settlements in the Palestinian territory. Smotrich made the comments at an event marking the re-establishment of Sa-Nur, an illegal Jewish settlement in the northern Israeli-occupied West Bank that was […]
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May 10, 2026 / Tyler Durden
Why Socialism Fails
Why Socialism Fails
Authored by Deborah Palma via The Epoch Times (emphasis ours),
Economics is not a zero-sum game in which one person’s gain comes at another’s expense; nor is it just about numbers or purposeless statistical aggregates, but conscious human action.
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Ludwig von Mises, in his work “Human Action,” explains that individuals act to replace a less satisfactory state of affairs with a more satisfactory one. This process is inherently subjective and teleological, meaning that the values guiding economic activity are rooted in individual choices, and not in...
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