Farewell, Fugazy! Authored by James Howard Kunstler, “Ah, the delicious smell of peak fear on Sunday/Monday…and max NOISE on X.”  – Raoul Pal That ruckus you hear in the capital markets is the sickening howl of the Fugazy Economy meeting its extinction.  Fugazy means fake, unreal, dishonest, misaligned to what societies need to thrive. Fugazy means mis-using the time-value of things that purport to be wealth to multiply […]

Not Funny… This DEI ‘Sensitivity Training’ Video Is Absolutely Hilarious… Authored by Steve Watson via Modernity.news, A ‘Harassment and Sensitivity’ employee training video that is really used by top Fortune 500 companies has gone viral, because it’s unintentionally hilarious. It features a guy called Ken (straight and white, obviously) being over the top insensitive toward disabled, transgender, and obese people. No […]

Trump Officials Debate Exporter Tax Credit As Tariff Fallout Mounts: Leaks With markets in turmoil thanks to Commerce Secretary Howard Lutnick’s bull-in-a-china-shop tariff math, senior officials in the Trump administration are quietly debating the creation of a new exporter tax credit, a move that signals growing internal concern over the economic costs of the White House’s sweeping tariff policies. Jim Watson/AFP via Getty […]

After The Tariff Earthquake Authored by Charles Hugh Smith via OfTwoMinds blog, The fires that have been ignited are not yet visible. There’s a eerie calm after an earthquake. Those trapped in collapsed buildings are aware of the consequences, but the majority experience a silence, as if the world stopped and has yet to restart. The full consequences are as yet unknown, and so we breathe a sigh of relief. Whew. Everything looks […]

‘Betrayed, That’s The Word’: Small Business Owners Reel as Google AI Destroys Google Search In March 2024, Morgan McBride stood in her half-renovated kitchen posing for a photo shoot. The images were for a new Google ad campaign, a celebration of the ways the search engine had empowered her family’s do-it-yourself home improvement site, Charleston Crafted, to flourish. Just weeks later, she said, traffic from Google dropped more […]

California Bill Would Loosen Restrictions On The Use Of Digital Currency Authored by Kimberley Hayek via The Epoch Times, A California bill that would allow all businesses and individuals in the state to accept digital asset payments, such as cryptocurrency, and prohibit government restrictions on the use of digital currency, is being considered by a legislative committee. Introduced by Assemblyman Avelino Valencia earlier this […]

“Don’t Be Weak, Don’t Be A PANICAN”: Trump Urges Americans To Hold Tight As “Countries From All Over The World” Negotiate On Tariffs President Trump on Monday urged Americans not to panic over tariff-driven turmoil in the markets, and said that “Countries from all over the World are talking to us.” “The United States has a chance to do something that should have been done DECADES AGO. Don’t be Weak! Don’t be Stupid! Don’t […]

‘The Canary Is Sick’: Blackrock’s Fink Says Most CEOs Telling Him ‘We’re Already In Recession’ Blackrock CEO Larry Fink says most CEOs he talks to say the country is ‘already in recession,’ and that the 20% market drop in three days will have ‘potential ripple effects’ on clients, and added that he “still won’t rule out another 20% market decline.” “Are we in a recession?” asked Bloomberg TV host Erik Shatzker. “Most CEOs I […]

US Companies’ Chapter 11 Bankruptcies Jump 20%: Report Authored by Naveen Athrappully via The Epoch Times, More companies filed for Chapter 11 bankruptcy protection in March than a year ago, indicating economic stress among U.S. businesses, according to the American Bankruptcy Institute (ABI). “Commercial Chapter 11 bankruptcy filings increased 20 percent in March 2025, with filings climbing to 733 from the 611 filings […]

The End Of Globalization By Benjamin Picton, senior macro strategist at Rabobank There was a clear message emanating from Western policy makers over the weekend: the world is facing the end of the era of globalization. The ECB’s Isabel Schnabel made the point in a speech to business leaders in Italy on Saturday when she said that “Liberation Day was not liberating, but it seems to have marked the end of global free trade.” […]

Great News Europe: US-China LNG Trade Freezes  The escalating trade war between the US and China could increase liquefied natural gas flows to energy-stricken Europe, as China remains on a multi-month buying strike.  Bloomberg cited marine traffic data from Kpler, showing that no US LNG shipments are currently inbound or about to be inbound to China. “Zero LNG trade between China and the US is likely to continue for the rest […]

Bibi In Washington: 1st Foreign Leader To Negotiate Removal Of Trump’s Tariffs In Person Israeli Prime Minister Benjamin Netanyahu arrived in Washington on Sunday for a visit to the White House, in a stay which is planned through Tuesday. The two leaders are meeting Monday afternoon. He will be the first foreign leader to meet President Trump in-person in an effort to negotiate a deal to remove Trump’s tariffs, which for Israel is […]

Jamie Dimon Urges Quick Resolution To Tariff Standoff There was a brief glimmer of hope for equity futures this morning, when amid the market rout, JPM CEO Jamie Dimon urged a quick resolution to the uncertainties sparked by Trump’s tariffs and warned against a potentially “disastrous” fragmentation of America’s long-term economic alliances. “The quicker this issue is resolved, the better because some of the negative […]

Futures, Global Markets Tumble In Panic Selloff As VIX Hits 60 US equity futures are pointing to another day of staggering losses – even as they rise from session lows – as Trump doubled down on sweeping tariffs and as the world continues its flight to safety.  S&P futures had plunged as much as 5.5% around the time Europe opened but the stock selling stampede abated as traders boosted expectations for Fed rate cuts amid […]

CA Fails Audit Of Federal Programs, 66% Of COVID Unemployment Benefits In Question Authored by Kenneth Schrupp via The Center Square, California did not materially comply with the requirements for seven of the 22 federal programs the state auditor examined, including “pervasive” noncompliance in its unemployment benefits program, which could put essential federal funding at risk. “This report concludes that the State did […]

When Keynesians Predict A Disaster, Start Buying… Authored by Daniel Lacalle, I always get excited about a market correction when I read the Keynesian consensus predict a disaster. The same people who claimed massive money printing and soaring government spending wouldn’t cause inflation are the ones who know exactly how tariffs will impact aggregate prices. Fascinating. In June 2016, sixteen Nobel Prize winners expected […]

Election Denial: It’s OK When The Left Does It… Authored by Steve Watson via Modernity.news, Leftists are ridiculously claiming that President Trump has admitted multiple times to having rigged the election and that he didn’t really win. Ok, so election denial is fine when they do it? we did. he cheated. he literally admitted to it multiple times. https://t.co/ujmivH5bJC — gurg 🔜 JUELZ SF (@gurgx3) April 4, 2025 When […]

Wedbush’s Dan Ives Cuts Tesla Price Target, Says Brand Has Morphed Into A “Political Symbol Globally” US equity futures plunged early on Monday, with the S&P 500 teetering on the edge of a bear market. The sell-off comes in the wake of President Trump’s “Liberation Day” tariff blitz, which aimed to reshape global trade in accordance with his ‘America First’ doctrine. Market tremors are already rippling through individual […]

UK PM Starmer To Make Stunning Admission: ‘Globalization Is Over’ British Prime Minister Keir Starmer will soon declare something ZeroHedge readers have known for quite some time – the economic system championed by the international elite is dead and gone. Starmer’s office told the Sunday Times that, “The world has changed, globalization is over and we are now in a new era.” “We’ve got to demonstrate that our approach, a […]

The Inevitable, Just Sooner Submitted by QTR’s Fringe Finance Maybe President Trump’s tariffs will cause a prolonged trade war and a Great Depression in the United States the likes of which we’ve never seen before, sending the nation into a spiral of chaos and hell on earth. But walking around outside today, three days after the tariffs were announced and barely a day after many of the minimum tariffs went into effect, life […]

Jaguar Land Rover Pauses Vehicle Exports To US After Trump’s “Liberation Day” President Trump’s “Liberation Day” kicked off the beginnings of a grand global economic reordering—something that may result in or be “equivalent of a new Bretton Woods or if you want to go back like something back to the steel agreements or the Treaty of Versailles, there’s a very good chance that we are going to have to have that over the next four […]

Digital Despair: How Social Media Fuels Teen Anxiety and Overmedication Authored by Amy Denney via The Epoch Times (emphasis ours), Sofia never really felt like she fit in as a preteen, so she turned to a place where she could get lost and go numb. She sat scrolling on her smartphone, hour after hour, day after day, searching for her identity. It was an easy distraction from the social isolation of the COVID-19 quarantine and […]

French Business Leaders Reject President Macron’s Demand To Divest from USA Authored by ‘sundance’ via The Last Refuge blog, According to French media, quoting multiple corporate leaders and company directors throughout France [LINK], the leadership of France’s biggest companies told Macron to ‘get stuffed’ following the French president’s demand to divest their interests from America. President Macron ordered 50 of the […]

Deutsche Bank: Tariff Burden In Auto Industry Will Be Shared, Just As It Was During COVID Deutsche Bank said in a note late last week that the directional takeaways they had for the auto industry going forward were “relatively unchanged” and the firm shared detail on where it believes tariff impact will land. In an analysis covering virtually every model sold in the U.S., the bank did warn however that the fallout from […]

The EU’s Military-Industrial Plans Could Accelerate The US’ Disengagement From NATO Authored by Andrew Korybko via substack, Interoperability issues could make the US think twice about intervening in the EU’s support against Russia… “Trump Is Unlikely To Pull All US Troops Out Of Central Europe Or Abandon NATO’s Article 5”, but he’s definitely “Pivoting (back) to Asia” in order to more muscularly contain China, […]