Darrin Waller, writing as Fountainbridge on Substack, just published “How Iran Broke America.” He says in his introduction, “Tehran has achieved what few nations in recorded history ever have: by refusing to submit to the global hegemon, it took on two of the era’s most formidable military powers — outspent by more than fifty to
How Iran Broke America Read More »
This is kind of a problem if you wan to, say, fight a war or manufacture semiconductors, just to cherry pick a couple of things. From a post by Bonner Private Research.
Critical Minerals For Which the U.S. Was More Than 50% Import Dependent in 2025 Read More »
From Apollo Chief Economist Torsten Slok in his Daily Spark. You can sign up here for free to receive it. Excellent macroeconomic data in a very short form. Note that having no savings in a retirement account, as shown below, does not necessarily indicate no savings at all. That doesn’t change the seriousness of the
Almost Half of American Households Have No Retirement Savings Read More »
Ray is a very smart man who has spent decades studying history’s cycles to inform his investing. Judging from his investing results, it worked. Here’s his most current article on Linked In. At the bottom you can signup to be notified of new articles. There also links to his books on the subject. They are
Ray Dalio: We’re in the Third World War Read More »
Look at the chart below. I took this from Dave Hay’s substack, some of which is behind a paywall. In what must be one of the most futile and poorly timed gestures towards climate change political correctness, Germany’s last nuclear reactor seems to have been shut down last year. I’ve heard there are noises being
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David Kotok is a very bright man. I know David because for some reason I started communicating with him and found myself invited to Camp Kotok, which I regret I’m not going to this summer. Anyway, he just posted this three minute video on you tube. Please watch it.
Iran as a Religious War Read More »
This was most recently quoted by John Hussman in his article “Equilibrium and the Dentist in Poughkeepsie.” I highly recommend his occasional articles. No charge to sign up. Graham and Dodd were the authors of Security Analysis, the still in print bible of value investing. A Warren Buffet favorite. “Strictly speaking, there can be no
It Appears We’ve Learned Nothing About Investing. Read More »
This interactive chart uses data provided by the Bureau of Labor Statistics and analyzed by Gemini (irony noted) to shows the potential AI impact according to the scale on the left side of the chart. The size of each boxes represent the number of jobs compared to all other job categories. The color is the
AI Exposure of the U.S. Job Market Read More »
The comparative military strengths of the U. S. and Iran was never an issue. The U.S. knew it could blow more stuff up. But that hasn’t been enough to “win” if by win you mean getting a new regime in Iran willing to agree to all of the U.S.’s demands. Iran turned out not to
The Iran War Belongs to Trump Now. Check for Slippery Slopes. Read More »
Published on December 13, 2024 Suzanne Maloney’s explanation is the most concise and clearest explanation of how our relationship with Iran evolved I’ve ever seen. The title is “The Middle East’s Dangerous New Normal: Iran, Israel, and the Delicate Balance of Disorder.” Here’s the link. If you read this, you’ll understand more than about 98%
How Did We Find Ourselves at War With Iran? Best Article Ever. Read More »