Category Archives: Economic fundamentals

Iran War: Israel Makes Massive Bomb Blast in Southern Lebanon, Threatens Imminent Attack on Iran; Iran Refuses Meeting with US on Strait of Hormuz as Assembly of Experts Statement Assures Already Likely Death of MOU; Strait of Hormuz Transits Increasing as Iran and Oman Not on Same Page

Today’s Iran war news: Israel is aggressively escalating in Lebanon and threatens Iran as its Assembly of Experts hardens the red lines.

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Iran War: Axios Reports US, Iran Agree to Ceasefire Within Ceasefire, Doha Meeting on Strait of Hormuz as Iran Stands Up US on Technical Talks; Ship Transits Fall; Reports of Big US Buildup; Israel Attacks in Lebanon Continue

Today’s Iran war news: As many predicted, the MOU negotiations are coming apart along side a report of a further US buildup in theater.

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Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

The Bank of International Settlements took a look at the AI bubble. Not surprisingly, it found a lot not to like.

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Iran War: US Doubles Down on Claim Iran Agreed to IAEA Inspections, Ballistic Missile Limits After Iran Denial; Dispute Over Food for Frozen Assets; Lebanon Ceasefire Holds as US Presents Withdrawal Plan; More on Looming Oil Cliff, Diesel and Lubricants Shortages

Today’s Iran war update: The big struggle is on the narrative front, as Iran swatted back JD Vance claims as the oil cliff keeps approaching.

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Good Riddance, Alan Greenspan

Cataloguing some of the less-well recognized ways that Alan Greenspan did tremendous harm to the financial system and citizens at large.

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