Europe’s Reported Plan To Replace The US In NATO Ignores The Interests Of Five Key Countries
Europe’s Reported Plan To Replace The US In NATO Ignores The Interests Of Five Key Countries Authored by Andrew Korybko via substack, It’s strongly implied that Poland, the Baltic States, and Romania prefer to remain under the US’ security umbrella… The Financial Times (FT) cited four unnamed European officials to report that “European military powers […]
The Golden Age Of Nuclear Energy Is Here
The Golden Age Of Nuclear Energy Is Here Authored by Daniel Turner via RealClearEnergy, The Biden Administration spent hundreds of billions of dollars to push renewables, and the result was a 30% increase in national utility prices. And yet, despite producing, (intermittent and expensive) electricity, no amount of wind and solar can make rubber or […]
Burrito Now, Pay Later: DoorDash – Klarna Deal Feeds US Debt Addiction
Burrito Now, Pay Later: DoorDash – Klarna Deal Feeds US Debt Addiction We’ve reported on many indications of a faltering US economy being propped up by debt, but our latest entry is particularly emphatic: DoorDash has inked a deal with Klarna that will let cash-strapped consumers pay for restaurant food, groceries and other delivery orders […]
All time high gold, but here’s what’s next!
There are updates in the market. Deliveries from London through American Banks back to New York, being distributed through the treasury PLUS, talks on Trump wanting to go to Fort Knox to see if the gold is there, a signal to the federal reserve. Read More
How Much Gold Is (Supposedly) In Fort Knox?
How Much Gold Is (Supposedly) In Fort Knox? U.S. President Donald Trump has promised to visit Fort Knox “to make sure the gold is there.” Officially, the United States Bullion Depository (commonly known as Fort Knox) holds over half of the Treasury’s $428 billion of gold reserves. In this graphic, Visual Capitalist’s Bruno Venditti puts that amount into perspective […]
Mapping Homeownership Rates By US State
Mapping Homeownership Rates By US State As of 2024, nearly two-thirds (65.7%) U.S. households owned their home, while the rest rented. However, homeownership rates vary widely across states and between urban, suburban, and rural areas, reflecting differences in affordability, housing availability, and local economic conditions. In the map below, by USAFacts, Visual Capitalist’s Kayla Zhu visualizes the share […]
Warning Signs for U.S. Economy as FedEx Reports Persistent Freight Weakness
In a troubling indicator for the overall U.S. economy, FedEx has reduced its profit outlook for the third straight quarter. CEO Raj Subramaniam highlighted that weakening demand is hurting their higher-margin business-to-business shipments, with the freight division suffering the most from fewer shipments and lighter loads. This persistent industrial slowdown…
SNB Chief Defends Currency Policy: “We Are Not Manipulators”
The Swiss National Bank (SNB) Chairman Martin Schlegel confirmed the bank will continue using foreign currency market interventions when necessary, while rejecting accusations of currency manipulation. Schlegel explicitly stated “Switzerland is not a currency manipulator” while maintaining that the SNB would continue utilizing currency interventions as a legitimate monetary policy…
Maritime Industry Warns USTR’s China Port Fees Could Sink U.S. Economy
Maritime Industry Warns USTR’s China Port Fees Could Sink U.S. Economy By Mike Schuler of gCaptain Major maritime industry stakeholders are voicing strong opposition to the U.S. Trade Representative’s proposed Section 301 actions targeting Chinese-built and operated vessels, warning of potentially catastrophic effects on U.S. trade and consumer prices. The USTR’s proposed measures aim to […]
$100 Trillion and Climbing: World Faces Mounting Debt as Refinancing Risks Grow
Global debt has exceeded $100 trillion, with governments and companies paying the highest interest costs in 20 years. The Organisation for Economic Co-operation and Development (OECD), an international organization of 38 member countries that works to shape policies for better lives, reports that its member governments now spend 3.3% of…