Attacks on Tankers in the Strait of Hormuz Escalate

"Everyone Is Retarded And Nothing Works...": Kunstler's Theory Of Everything Authored by James Howard Kunstler via Clusterfuck Nation, A Theory Of Everything "The Thing That Never Happens Keeps Happening." - Kyle Becker on X "Everyone is retarded and nothing Works." Turns out that's the key to unlock the mystery of this particular Fourth Turning, the one here and now, of our own time. It's an excellent theory of everything happening these days, formulated by a close colleague of mine. And as far as I know, it's the only theory that makes sense. It explains, for...

Murray Rothbard realized the present system of punishment for committing crimes is both inadequate and unjust. We need to move to a system of restitution.

The Consumer Sentiment Disconnect From Economic Reality Authored by Lance Roberts via RealInvestmentAdvice.com, The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That “disconnect” has sparked many statements on social media, such as: “GDP is growing at a healthy...