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It’s barely six months into the US government’s ‘fiscal year’ (which started on October 1, 2023) and the federal budget deficit is already $1.1 trillion. This number is utterly astonishing. Of course, anyone paying attention to the rapidly dwindling US financial condition knows that the national debt is now hovering
When the barbarian king Rugila died in the year 434 AD, Roman Emperor Theodosius II likely rejoiced that his mortal enemy was no more. Rugila (and his father Uldin) had been invading and terrorizing Roman territory for decades; but the Empire was so weak at that point that Theodosius was
There’s no limit to how much Inspired Idiots around the world hate oil companies. It seems like almost every day there’s a story about protestors who superglue themselves to the pavement in order to block traffic. Or deface an art museum. Or interrupt a public sporting event. Recently they even
[Note from James: The first thing I did this morning when I saw the US government’s latest inflation numbers was to call my friend and partner Peter Schiff to enjoy a good rant about how the Fed has completely lost the war with inflation. Peter’s thoughts are below, and I
Jamie Dimon, the CEO of JP Morgan Chase, did not open his annual shareholder letter with rosy language about the state of the world, or even enthusiasm about his bank’s record profits. Instead, he describes “yet another year of significant challenges” including the war in Ukraine, war in the Middle
Did you hear about the newest vehicle safety feature that Congress wants to mandate? It’s not some AI sensor system, or even a newfangled airbag. Nope. In the minds of literally several hundred lawmakers (from both parties!) the most essential safety feature that should be in your vehicle is… AM
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