escalated

The Global Oil Crisis Just Escalated To A New Level And U.S. Farmers Are Planting The Fewest Acres Of Wheat Since Records Began In 1919

by Michael Every single day that the Strait of Hormuz is closed, the damage that is being done to the global economy is getting even worse. But the full consequences of the global oil crisis that we are facing will not be felt for a while because nations all over the globe are still running …

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The row between Musk and Labour just escalated

Elon Musk to ‘summon MPs to US to explain threats to American citizens’ World’s richest man responds to UK parliamentarians saying they will call him to testify about X’s role in spreading disinformation during riots Elon Musk has said UK MPs “will be summoned to the United States of America to explain their censorship and …

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The US debt crisis has escalated to $32.7 trillion, with daily interest expenses exceeding $3 billion. The new debt ceiling bill unceasingly increases debt by 2025.

With the new debt ceiling bill, the limit is UNCAPPED until 2025. Estimates show $4 trillion in debt will be added by 2025 at this rate. Meanwhile, interest expense is rising with rates. This is unsustainable. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) September 7, 2023 Pretty …

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