The US Government’s Really Big Debt Problem

Houthis Seize Yemeni Port Of Mocha, Gaining Greater Leverage Over Bab Al Mandab Strait Yemen’s Iran-aligned Houthi militants (Ansar Allah) have scored a major victory against Saudi-backed government forces, after the war was fiercely reinvigorated this month, having seized a historic Red Sea port on Thursday which effectively givens the Houthis even greater leverage over the Bab Al Mandab Strait. The port of Mocha - also spelled Mokha or Al Makha - once stood at the center of the global coffee trade and is a common household name internationally, but now is...

The Architecture Of Abundance: How Bitcoin Reveals The Truth Of Time And Technology Authored by Sylvain Saurel via 'In Bitcoin We Trust' Substack, How escaping the fiat illusion and holding the world's hardest money turns the relentless march of technology into unprecedented purchasing power. Look closely at the image below: On the left, two standard Papa John’s pizzas, purchased in 2010 for the seemingly arbitrary sum of 10,000 Bitcoin. On the right, a colossal supertanker cutting through the ocean, a leviathan of modern engineering carrying millions of barrels of crude oil - the...

Asia Leads Global Value Rotation On Chip Woes By Abishek Vishnoi, Bloomberg Markets Live reporter and strategist A rotation from growth to value stocks is more pronounced in Asia than anywhere else globally, as doubts grow over the chip rally’s staying power. MSCI’s gauge for value stocks in Asia Pacific has risen about 6% this quarter, compared with a 2% drop in its growth counterpart, on track for its biggest outperformance since January-March 2022, according to data compiled by Bloomberg. The gap is wider than the swings in the US and Europe...