A Dollar Is Not A Dollar: A Plea To Make Dollar Policy Great Again

Permadrought: 75% Of Global Population Lives In A Country Affected By 'The Great Drying' Authored by Michael Snyder via The Economic Collapse blog, Our planet is drying out at a pace that is unlike anything we have ever seen before. Once massive lakes are rapidly shrinking, once mighty rivers are steadily dwindling, and colossal underground aquifers are being pumped dry all over the world. This is an absolutely enormous problem, because very soon we simply will not have enough fresh water to support 8 billion people. In fact, drought conditions are...

Russia Accused Of Helping Iran Develop Carrier-Killing Supersonic Cruise Missiles Yet another major allegation against Russia has emerged this week in the pages of the London-based Financial Times, which says that Moscow has been helping Iran develop supersonic cruise missiles, in a clandestine program that has been ongoing throughout the war with the US and Israel. Early in the conflict, it was widely reported that advanced and ultra-fast weapons were used against Israel, which might help explain why the small Mediterranean country suffered so much damage. The FT cited as part of its...

Rickards: The Real In AI Is Not 'Super-Intelligence', It's China Authored by James Rickards via The Daily Reckoning, It's past time to look beyond the AI hype. The stock valuations of the leading hyperscalers and frontier AI modeling companies are almost certainly in bubble territory. But the market will sort that out in time. We all know the names of the AI stocks whether from the hardware, software or compute vectors - Apple, Microsoft, Meta, Google (Alphabet), Amazon, OpenAI, Anthropic, NVIDIA and a few others. Some of these names have valuable core businesses...