International Man: At $1.1 trillion, annualized interest on the US federal debt is now the second-largest budget item—and is on track to become the largest. Meanwhile, long-term interest rates are climbing, even as the Fed lowers short-term rates. Can the US government keep kicking the can down the road? Or will Trump have to reset the […]
Denial doesn’t end well, and the ‘Economy of Denial’ is destined to deconstruction. Even the most opinionated become circumspect when the discussion turns to The Addiction Economy, for the term The Addiction Economy calls things by their real name, which disrupts our protective shield of denial. Yes, denial, for ours is an Economy of Denial, where the surface […]
Trump wants the Fed to cut interest rates to weaken the dollar and boost exports. But that’s not what helped him get elected. Conflicting Dollar Goals It’s impossible to get what you want when you have conflicting goals. Inflation was a key reason Trump won the election. In isolation, a weak dollar would help exports, […]
This article was written by Brandon Smith and originally published at Birch Gold Group Ever since the days of Herbert Hoover and the official start of the Great Depression the concept of trade tariffs has been readily demonized across most of academia and among the majority of modern economic ideologies. Is is actually one area where […]
We certainly do live in “interesting” times. In all my years of writing, I have never seen a stock market correction, a global trade war and a government shutdown all happen at the same time. If the federal government does indeed shut down on Friday, we will complete that very impressive trifecta. Needless to say, […]
The stock market has topped out and is headed down. The Dow Jones Industrial Average peaked at 45,014 on December 4, 2024, and was at 41,911 by March 10, 2025, down 3,101 points or 6.9% in just over three months. The S&P 500 Index peaked at 6,130 on February 18, 2025, and was at 5,614 […]
International Man: For decades, mainstream financial commentators have dismissed gold as a “barbarous relic.” Federal Reserve officials and policymakers routinely downplay its importance, insisting that fiat currency and central banking make gold obsolete. Yet, despite this public stance, the US government still holds one of the world’s largest gold reserves. So, what’s really going on here? […]
Porter Stansberry: Robots, Market Crashes, and the Biggest Mistakes in History by Matt Smith Doug Casey’s Take [ep.#375] Read on Substack Porter Stansberry joined Doug Casey and me for a conversation packed with big ideas, predictions, and blunt truth-telling. It’s classic Porter—unfiltered, provocative, and deeply insightful. We dug into some fascinating questions: As always, Porter […]
The US and China came closer to a full-fledged trade war last week when China imposed tariffs of up to 15 percent on key US agricultural exports. This was retaliation for President Trump’s increasing of tariffs on Chinese exports to the United States from 10 percent to 20 percent. China’s retaliatory tariffs show how export-dependent […]
Sunnova Energy, a solar panel company based in Texas, has filed for bankruptcy. It is not shocking for a solar panel company to go under as the demand is simply not there. Upfront costs could range into tens of thousands and it takes years to see actual savings. The Biden Administration spent more than any […]