A hub for independent voices and hard truths
The market is currently pricing a speculative dream while ignoring the cold math of capital efficiency SpaceX just hit a $1.78 trillion valuation with a direct listing that ignored traditional wall street roadshows Compare that to Microsoft which holds a …
U.S. military strikes on June 10 destroyed two critical water storage reservoirs in Sirik, Iran. The attack left roughly 20,000 residents without access to potable water during extreme heat waves reaching 50°C. Iranian officials have labeled the strikes as a …
Disruptions in the Strait and Mediterranean are ripple-effecting through global supply chains. Shipping costs for finished goods are up 15% compared to the start of the year. Large retailers are reporting inventory lags on seasonal imports. Insurance firms are quietly …
The Iranian rial has lost nearly 90% of its value since 2018. Economic desperation is a core driver behind Tehran’s aggressive missile diplomacy. Officials are conditioning any ceasefire on the release of frozen foreign assets. Nuclear site inspections remain at …
by David Haggith Large cracks showed up everywhere today, and a far worse landslide is already a done deal for late June, according to oil companies, due to critical oil shortages that can no longer be escaped. While the Dow …
Berkshire piles up the biggest cash mountain in history while dumping stocks left and right This proves the glowing economy numbers only reward the top Regular people produce way more value but keep way less every single year Smart money …
Iran says negotiations with the United States are over, blaming repeated ceasefire violations and Israeli strikes in Lebanon Now Tehran is threatening to completely block the Strait of Hormuz and warning about the Bab el-Mandeb Strait as well Around 20% …
I doubt any of you know a truck driver. I do. By September, there will be food riots. AC
The real story here is not “recession fears.” The real story is that institutions, markets, and even consumers are starting to quietly admit something much darker: The modern economy increasingly survives through financial insulation, debt tolerance, asset inflation, and delayed …
Consumer sentiment hits all-time low… Borrowing costs reach 2007 highs… The “temporary” inflation trap explained… 61% of Americans said they had to cut back on groceries https://t.co/lv4IA7FhPJ — The Straits Times (@straits_times) May 23, 2026 The American housing market in …
United Nations economists officially slashed their 2026 global growth forecast to 2.5%, down from the 2.7% projection set back in January. The downward revision is a direct result of the energy crisis sparked by airstrikes in the Middle East and …
Source: CBS News Poll – May 13-15, 2026 Adults in the U.S. A fresh CBS News poll shows support for the administration’s financial management is in free fall… Only 27% of surveyed Americans approve of the current response to sticky …
City leaders pitch “local business” and “environment” while pushing tighter travel and zoning rules. They wreck economies then lecture the little guy about flying too much. Foreign tourism has fallen off a cliff. This is a $100B domestic industry largely …
TikTok continues to meltdown over the cost of living here. pic.twitter.com/rtNJ91NY7Z — QE Infinity (@StealthQE4) May 4, 2026 The gas prices are disgusting.My gas bill has doubled. We are living in Energy crisis. — Prof (@TheProfInvestor) May 4, 2026 A …
The U.S. economy is currently a “hollowed-out” powerhouse. While the 2% GDP surge looks decent on a teleprompter, new data confirms that nearly three-quarters of that growth is just the tech giants frantically buying server racks and H100 chips to …
Labor unions and community groups demand end to Iran war and ICE operations… Chicago Teachers Union and SEIU lead massive economic disruption efforts… Police on high alert as “unlikely marchers” join elderly in street demonstrations… Thousands in US to join …
American consumers have NEVER been this pessimistic about the economy: The University of Michigan Consumer Sentiment Index fell to 49.8 in April, the lowest reading EVER in over 70 years of polling, with declines occurring across all income levels, ages, …
U.S.-Iran war ‘tax’ begins to hit American businesses and consumers Nick Friedman, co-founder of Tampa-based College Hunks Hauling Junk and Moving, says his business has been facing multiple headwinds. High mortgage rates have dampened the real estate market, while rising …
With some US Special Forces units already in the region, and with thousands more Marines and Sailors en route, and after Trump earlier floated at least two to three more weeks of major strikes on Iran, the president on Friday …
Apocalyptic economic fallout. NHK confirms Trump's disastrous war has completely paralyzed India's massive textile industry. With 90% of their LPG imports choked off at the Strait of Hormuz, HALF A MILLION workers just lost their jobs. The global supply chain …
For those of us in Los Angeles, the absolute free fall in local television production is the reason Hollywood jobs seem to have evaporated. pic.twitter.com/mAeg28GWJG — Ben Fritz (@benfritz) March 30, 2026
As shown below, the Walmart Recession Signal (WRS) currently warns of a potential recession or at least a significant economic slowdown. I haven’t published the WRS for some time and “Walmart Worries” just keep multiplying. For the details see my …
by Michael Even if the Strait of Hormuz opened tomorrow, and that is certainly not going to happen, we are being warned that the economic impact of this war will be felt all the way through the end of this …
by David Haggith The “greatest economy ever,” as the king and all the king’s men (and women) keep calling it, is creating the greatest private-credit crisis ever. A crisis that is increasingly being described as something that could rapidly achieve …
via notayesmanseconomics This morning has brought us our first update on the economic situation in the Euro after the beginning of the conflict in the Middle East. It comes from a source which we know that European Central Bank or …
