The US is draining its oil reserves at a rapid pace. The US is invoking the Defense Production Act to push oil producers to increase output

The US is draining its oil reserves at a rapid pace: The Strategic Petroleum Reserve (SPR) dropped -7.12 million barrels last week, the largest weekly drawdown since October 2022. This marks the 5th consecutive weekly decline, the longest streak since 2023. Over this period,… pic.twitter.com/0FxbdTAuZh — The Kobeissi Letter (@KobeissiLetter) April 30, 2026 By the …

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Thousands of high earners are leaving New York every year, draining billions in tax revenue and forcing the city to spend more while collecting less

New York millionaires: threatening to flee the city since 2009 pic.twitter.com/nuOLxApYGW — The Daily Show (@TheDailyShow) November 7, 2025 NY State saw peaks of over 3,000 millionaires leaving annually around 2020, with cumulative net outflows shrinking its U.S. millionaire share from 12.7% in 2010 to 8.7% in 2022. High earners contribute about 40% of income …

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China is draining London’s gold. The paper gold system may be reaching its limit

INTERVIEW: “CHINA IS DRAINING LONDON’S GOLD MARKET, PRESSURING THE DOLLAR SYSTEM” @LukeGromen , Macroeconomic Strategist “China is using what has always been the dollar’s Achilles heel, the unallocated gold market in London. If demand for gold rises, there are two options. You can let the price rise and allow the market to balance naturally, or …

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US Attacks On Yemen Are Draining Arms Needed To Deter China: Defense Officials

https://twitter.com/rebben02664383/status/1910197304818094543 At the moment, amid ongoing Yemen operations the US has sent two aircraft carriers, deployed a significant number of B-2 stealth bombers and fighter jets, as well as deployed missile defense systems to the Middle East. But some top US officials have argued that China remains the top ‘pacing threat’ and rival. These officials …

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Fartcoin’s value is non-existent, likely heading to zero. Stop draining, uplift each other. Bitcoin shows head and shoulders pattern; knees and toes next?

i am saying Fartcoin is worth nothing and will go to zero. fuck you and your memes. PVP draining each other when we should be upliftin' and shit https://t.co/ukYlPn6tqH — Martin Shkreli (@MartinShkreli) January 2, 2025 https://twitter.com/leadlagreport/status/1874888207080554993 Bitcoin Update Head and shoulders depicted. Soon Knees and toes. pic.twitter.com/ZBY4t4yG1a — The Great Martis (@great_martis) January 2, …

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Pushin’ Too Hard? Strategic Petroleum Reserve Draining To Combat Biden’s Energy Policies (Crude Oil UP 73% Under Biden, Food UP 21%, Rent UP 19.4%, Cocoa UP 136%, Mortgage Rates UP 156%)

by confoundedinterest17 Bidenomics is really about insane money printing after Covid and the installation of Biden as President. Biden and The Federal Reserve are both pushin’ too hard. Biden to fundamentally change the US and The Fed trying to cope with the inflation reaction. With Covid and then Biden’s selection as President, Federal outlays exploded …

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Americans Are Draining Their Retirement Accounts, Racking up Debt Due to High Inflation

Chronic inflation hinders millions of Americans’ ability to prepare for their financial future, according to a new study published by Allianz Life. Findings from the Allianz Life Insurance Company of North America show that U.S. households are draining their retirement savings, taking on debt and reducing the amount that they are setting aside for the …

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Down the Money Drain Hole We Go! The US central bank is draining money out of the global economy at a faster rate than anytime since the Great Depression.

by DAVID HAGGITH Photo by Eric Muhr on Unsplash   Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its “growth” has, during the Fed’s current quantitative tightening (QT), gone negative, since the end of …

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Crucial Subpoenas for Hunter and James Biden Signal a Turning Tide: Swamp Draining Gains Momentum Post Kevin McCarthy’s Departur

In a notable development, subpoenas for Hunter Biden and James Biden have been issued, a significant move that is not lost on observers. The timing, following Kevin McCarthy’s departure, suggests a potential shift in the dynamics of the political landscape. This move is seen as a step toward draining the metaphorical swamp, signaling a potential …

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