Independent thinking for complex markets and current events
Europe already canceling flights and gutting schedules as jet fuel turns very very tight. US next in line because record American exports leave domestic refiners fighting the same barrels. The CEO of Chevron just said it out loud. "We're starting to see risks of supply outages in some of these economies." Europe is already there. …
Rising oil prices won't cause higher inflation. More expensive oil means Americans will have less money to spend on other things. Reduced spending will cause a recession, which will result in larger budget deficits, rate cuts, and QE. That's what will cause higher inflation. — Peter Schiff (@PeterSchiff) March 23, 2026 They are shorting crude …
The US is officially in a debt spiral, the government refuses to stop spending because it can't without causing a massive depression (capitalism). Life feels worse because it IS worse.pic.twitter.com/LDXHs9efGZ — Darth Powell (@VladTheInflator) November 24, 2025 Government spending has stolen 28.42% of your purchasing power since 2020 https://t.co/zALRP7G1ST pic.twitter.com/87bqJb8564 — Darth Powell (@VladTheInflator) November …
They promised a revolution. They said these technologies would change everything. But what we got was a parade of expensive, glitchy, and often unnecessary gadgets that fail to deliver on their grand promises. Let’s take a closer look at the reality behind the hype. Artificial Intelligence Training advanced AI models now costs upwards of $78 …
The federal debt has fallen $77 billion over the last 2 days, but only b/c Treasury has simultaneously drained $104 billion from its cash account; sure seems like Yellen is trying to set up her replacement at Treasury for failure – a short 🧵 pic.twitter.com/NF7hbz35zj — E.J. Antoni, Ph.D. (@RealEJAntoni) December 30, 2024 Leaving a …
The alarming contraction in bank credit, an event occurring only once in the past 50 years, adds a foreboding dimension to the rapid depletion of the 2 trillion-dollar Reverse Repo pot. As Wall Street grapples with financing challenges for Washington’s deficits, the ominous trajectory raises concerns about the stability of the financial system. At this …
by confoundedinterest17 Its hard to watch Biden and The Progressive Greens destroy the enegy security of this great nation. Biden is draining the Strategic Petroleum Reserve, probably in a misguided attempt at ensuring we never go back to abundent petroleum again. Crude oil inventories are now the lowest since 1985. Authored by Simon White, Bloomberg …
by confoundedinterest17 What is Bidenomics? It isn’t what Press Secretary Karine Jean Pierre thinks. She said Biden hates “trick down economics”. Instead, Biden prefers a Soviet-style command economy where The Federal Government spends trillions of dollars and directs where the money goes. We also have the Socialist Federal Reserve that relies on rate manipulation to …
