Independent thinking for complex markets and current events
This is one of those numbers where the context matters. Cushing, Oklahoma oil storage is down to around 20 million barrels. That is the lowest level since 2014 and close to the point where the physical oil market can start getting much tighter and more expensive to operate. Over the past few weeks, inventories have …
As concerns grow over AI surpassing human abilities within two to three years. Polly Dunbar explores whether universal basic income could be the solution in a world without traditional jobs Every week, £282 appears in Elinor O’Donovan’s bank account. The 27-year-old is a multidisciplinary artist who sculpts and makes films and installations, but the money …
Fractional reserve banking is a house of cards—built to fail, just like in 1932 when banks collapsed and the government seized gold in ’33. I saw Fannie Mae and Freddie Mac’s downfall coming, and today’s numbers are just as stark. America’s $36T debt is a ticking bomb, and unlike… pic.twitter.com/jWVUSy4866 — Porter Stansberry (@porterstansb) May …
