The Iran War Is Accelerating the US Debt Spiral—and Creating an Inflation Crisis
Wars have historically been one of the biggest drivers of major jumps in US government debt. The war Between the States in the 1860s…
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OPEC Fractures, the Draft Returns, and the Age of Consequences Begins
Lookie here… The United Arab Emirates recently announced it would quit OPEC after nearly six decades, striking a major blow to the oil cartel…
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Slightly Up From Slavery
To eliminate misunderstanding as to what taxes are, it is helpful to define the word “theft.” One good definition is “the wrongful taking and…
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Truth Is the First Casualty of War. The Currency Is the Second.
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a…
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When the Persian Gulf Supply Shock Meets the Warsh Fed: Stagflation and the Coming AI Bubble Bust
Here is a salient place to start regarding the economic impact of the Donald’s misbegotten war on Iran: To wit, approximately 7 billion ton-miles…
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Doug Casey on the New Fed Chair and the Coming Inflation Wave
International Man: Kevin Warsh looks likely to replace Jerome Powell as Fed chair, and the market seems to assume he’ll be more willing to…
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America’s Suez Moment: How Losing Hormuz Could End US Global Dominance
The way I see it, the US has two unappealing choices: Launch a full-scale ground invasion and try to topple the Iranian government. Try…
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The Covid Playbook Returns: Energy Rationing and the Politics of Crisis Control
This recent headline from New Zealand should itself send chills down your spine… “Government reveals details of fuel crisis rationing plan – and who…
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Doug Casey on Energy Lockdowns and the New Era of Government Control
International Man: Governments learned during COVID that populations will tolerate extraordinary restrictions if they’re sold as an emergency. Could an energy crisis become the…
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Why Iran Can’t Be Bombed, Invaded, or Nuked Into Submission
Air power alone is not going to secure Hormuz or remove the Iranian government. Their command-and-control structure is a decentralized mosaic governed by preapproved…