Economy & Finance

Pope Leo Says ‘I Am Not Afraid Of Trump’ – Amid War Of Words Over Iran Conflict An open public clash between the Pope and President Trump was perhaps bound to happen given the Vatican’s increasingly vocal criticism and condemnation of US military action in the Middle East. The Vatican has been consistently anti-war especially […]

Welcome To The Theater Of The Absurd Authored by Charles Hugh Smith via OfTwoMinds blog, The real world no longer matters, what matters is the performance on stage. Welcome to the Theater of the Absurd. In the present era, all the world is a stage and everything is a performance on that stage: welcome to the Theater

‘Door Is Not Closed’: Mediators Still Press For Iran Deal After US Demanded 20-Year Halt To Nuclear Program There’s currently some consensus among international reports that the weekend US-Iran peace talks in Pakistan fundamentally broke down over the nuclear issue. The question of Iran’s enriched uranium has at times over the course of the war

As The Worms Turn… Authored by James Howard Kunstler, “They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney…” – Greg Gutfeld on Iran’s negotiating position The Russians have a phrase for it: negotiation-incapable (ne peregovorosposobny). That is what the Iran delegation demonstrated during a

The Strait Of Hormuz Crisis Exposes A Fatal Flaw In Economic Thinking Authored by Kurt Cobb via Resource Insights, Even a 4–5% loss in global energy supply could translate into a comparable drop in economic activity due to energy’s central role in all production. Disruptions in oil and LNG flows through the Strait of Hormuz are

Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat Authored by Micah Zimmerman via BitcoinMagazine.com, The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks. On April 8, the Council of Economic Advisers released a 21‑page paper

Navy’s Green Laundry Initiative Weakened A $15 Billion Carrier Authored by Mike Fredenburg via The Epoch Times, The $15 billion USS Ford was forced to cut short its deployment due to a 30-hour laundry fire that did millions of dollars in damage. And it has been revealed that even while it remained on station in

Oil Tanker Going To China Forced To Reverse Course Before Crossing Hormuz Under US Blockade One day after a burst of traffic through the Strait of Hormuz, when according to Bloomberg 19 ships crossed in either direction while Trump said that as many as 34 ships crossed the waterway on Sunday, shipping through Hormuz slumped

Bernstein Says Bitcoin Market Already Priced In Quantum Risk Authored by Zoltan Vardai via CoinTelegraph.com, Bernstein said Monday that Bitcoin’s selloff has already priced in much of the market’s fear around quantum computing, arguing that the threat is real but still manageable rather than an immediate existential risk. Bitcoin’s (BTC) near 50% drawdown from its

US Property Taxes Rose 3 Percent On Average In 2025, Outpacing Inflation Authored by Rob Sabo via The Epoch Times (emphasis ours), Property taxes are rising across the United States and, on average, have outpaced inflation. Homeowners in 2025 paid a total of $396.8 billion in property taxes on more than 89.6 million single-family homes,