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Saturday, April 25, 2026

“10 Things You Should Know About Life’s Most Important Questions”

“10 Things You Should Know 
About Life’s Most Important Questions”
by Marc Chernoff

"It’s a harsh fact that every one of us is ignorant in some way. Although we tend to pretend otherwise, it’s impossible to know it all. Ignorance is our biggest collective secret. And it’s one of the scariest and most damaging realities of life, because those of us who are most ignorant – and thus most likely to spread ignorance – are also the ones who often don’t know it.

Here’s a quick test: If you have never changed your mind about one of your learned beliefs, if you have never questioned the fundamentals of your opinions, and if you have no inclination to do so, then you are likely ignorant about something you think you know.

What’s the quickest solution? Get outside and find someone who, in your opinion, believes, behaves, and handles certain aspects of life very differently from you, and just have a simple, honest conversation with them. I promise, some of life’s most important questions will become clearer by doing so. And it will do both of you lots of good. Once you’ve done that, here are some key things to remember:

1. Many of the biggest misunderstandings in life could be avoided if we would simply take the time to ask, “What else could this mean?”

2. An expert is not a person who gives all the right answers; she’s the one who asks the right questions.

3. Very few of us actively seek new knowledge in this world on a daily basis. We get comfortable with what we know, and we stop questioning things. On the contrary, we try to squeeze from the unknown the answers we have already shaped in our own minds – judgments, justifications, validations, forms of consolation without which we might feel incomplete or off-center. To really ask something new is to open the door to the storm.  And the answer just may blow us away.

4. If someone can get you asking the wrong questions, they don’t have to worry about how they answer you.

5. Monsters do exist in the real world, but they are too few in number to be truly dangerous in the long run. More dangerous are the common people with good intentions who are instantly ready to believe and act without asking questions.

6. At the end of the day, the questions you ask of yourself determine the type of person you will become.

7. Courage doesn’t happen when you have all the answers. It happens when you are ready to face the questions you have been avoiding your whole life. 

8. When it comes to your relationships: Does he/she treat you with respect at all times? That’s the first question. The second question is: If he/she remains the exact same person ten years from now, would you still want to be in a relationship with him/her? And finally, does he/she inspire to be a better human being? When you find someone that you can answer yes to all three questions, you know you’ve found yourself a relationship worth having.

9. Regardless of how much you know, or how many incredible questions you ask, you can never know it all. To believe that you do, is proof of the contrary. The wilderness around us always holds answers to more questions than we have yet learned to ask. And that’s a beautiful thing.

10. Although life will always be filled with unanswered questions, it’s the courage to seek the answers that counts – this journey is what gives life meaning.  Ultimately, you can spend your life wallowing in frustration and misery, wondering why you were the one who was chosen to deal with your problems, or you can be grateful that you are strong enough and smart enough to grow from them. 

Your turn: Be present and have patience with everything that remains unexplained in your heart and mind. Try to love life’s questions. Like locked doors or like good books written in foreign languages, respect their nature. Don’t expect all the answers to come easy. They cannot be given to you right now because your present understanding isn’t ready yet. It’s a question of experiencing everything first. Right now you need to hold on to the questions – explore, learn, and live your life. Perhaps, as you do, you will gradually find yourself experiencing the answers you always wanted.

So with that said, which of the reminders above hit home the most? Why? Leave a comment below and share your thoughts and insights with us."

"Luddites Were Right, You Know…"

"Luddites Were Right, You Know…"
By Chris Black

"The term “Luddite” originated in the early 19th century and refers to a movement of English textile workers who protested against the increased use of machines in their industry. The term “neo-Luddite” was later applied to those who similarly oppose technology for similar reasons, but in a contemporary context.

Everywhere you go, you see people with their faces in their phones. Constantly, constantly, constantly. At the bus stop. On the train. In the driver’s seats of their moving cars. Their kid makes a bit of noise at the restaurant table? Shove the iPad in their face.

Boomerisms aside, it really can’t be overstated how f**ked up this is, and not because “people don’t interact” anymore. It’s actually much worse than that… Nobody ever allows themselves even a moment of peace inside their own heads. The real insidiousness of the smartphone is that it encourages you to constantly consume content, endlessly, never ever stopping. It’s common for people to spend their entire day with earphones in, listening to podcasts and watching Tiktoks literally constantly.

Our brains did not evolve to be bombarded with constant microbursts of hyper real stimulation this way. Attention spans are getting measurably shorter. Reaction times are getting longer. None of this sh*t is good for your brain.

Everyone always says, “Well, what about TV and the radio?” Inherently limited and fundamentally different because of the fact that they’re pre-programmed and don’t act as “magic mirrors” of you and your personal inputs into them. Your smartphone is designed to learn everything about you so that it can be as addictive as possible and maximize the amount of data it squeezes out of you. Nothing about TV or the radio - or even Web 1.0 internet - ever came anywhere close to this.

Even so, we have known for decades that TV is horrible for your brain on account of many of the same mechanisms that affect attention span and cognitive development. So imagine how much worse the smartphone is. Unfathomably worse. We already know it’s worse, but we won’t know exactly how much worse it is until at least another decade, when the younger Zoomers and Gen Alphas are a few years into adulthood after an upbringing that revolved around Web 2.0.

Millennials were lucky enough not to take the full brunt of the experience. We got our first taste as we came of age instead of growing up being marinated in it. The saddest part is that the only reason any of this even caught on or is the least bit operable is because of the fact that it hijacks the mechanisms that make us feel satisfied and good. We didn’t evolve to handle this level of stimulation, but BOY do we respond to it. It’s so excessive that it’s impossible for some people to resist. So there are no f**king brakes.

You have to cast The Ring into the fire or it totally consumes you. That’s the reality for most people. And that, my friends, is just sick.

Look at your screen usage on your phone and tell me I’m wrong, how you totally don’t need it and can stop whenever you want. You are no better than a crack head, and you won’t realize that until you actually do try to stop for real. It’s unprecedented in human history to think this way. We are truly in uncharted waters here. Just wait until the sensory overload most people are bathing in all day, every day becomes fully automated instead of just partially automated like it is now."

"How It Really Is"

 

"Peter Schiff: 'Devastating Financial Crisis' Unfolds as Dollar & Bond Market Collapse, Oil Soars"

World Affairs In Context, 4/25/26
"Peter Schiff: 'Devastating Financial Crisis' 
Unfolds as Dollar & Bond Market Collapse, Oil Soars"
Comments here:
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World Affairs In Context, 4/25/26
"Millions of Americans Are Losing Jobs as
 U.S. Corporations Are Cutting Labor Force"
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Full screen recommended.
Snyder Reports, 4/25/26
"Meta Fires 8,000 Workers, 
Millions Are Starting To Panic"
"Meta has announced major layoffs, Microsoft is cutting thousands of jobs, Nike is reducing its workforce, and Oracle has reportedly sent massive layoff notices as companies race to become “more efficient” and invest heavily into artificial intelligence. But what many Americans are asking is simple… if AI replaces these workers, are those jobs ever coming back? In this video, we break down why Meta is firing thousands of employees, why Microsoft and other major corporations are making aggressive cuts, and why experts believe this could be the beginning of a much larger employment crisis across the United States.

As companies shift billions into AI infrastructure, automation, and cost-cutting measures, millions of workers are becoming increasingly concerned that this is only the start of a much bigger problem. White-collar jobs, tech jobs, corporate positions, and even middle-class careers may be at serious risk. Is this just temporary restructuring… or are we watching the beginning of permanent job displacement? Let me know your thoughts in the comments - do you think AI will create more jobs than it destroys, or are mass layoffs about to get much worse?"
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"US Economy Is Based on a Ponzi Scheme" (Excerpt)

"US Economy Is Based on a Ponzi Scheme"
by Michael Hudson

Excerpt: BEN NORTON: "There are more and more signs that we may be on the precipice of another major financial crisis. The former CEO of the Wall Street bank Goldman Sachs warned in an interview on Bloomberg that he can smell another financial crisis on the horizon. Where exactly could this crisis come from? Well, some financial analysts are worried about the private credit industry in the US.

This has exploded in recent years, because after the 2008 crash, banks were more heavily regulated. So more and more firms on Wall Street began to lend to private companies, and the private credit industry ballooned. It is now a $3 trillion industry, yet it is not regulated. And many of these private credit firms have given bad loans to bad companies that are now defaulting. We published a short video explaining the issue with the private credit industry and the fears of a new financial crisis. However, that video is just a brief introduction to the problem.

I thought it would be important to go into further detail explaining the very real danger here. And I thought the perfect guest to interview to help us understand this would be the economist Michael Hudson. Michael is the author of many books, including "Killing the Host: How Financial Parasites and Debt Destroy the Global Economy."
Full, most highly recommended article is here:
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"Michael Hudson: 
Iran War Ignites Global Financial Armageddon"

"Psychos in Charge of Sinking USS America 2.0"

"Psychos in Charge of Sinking USS America 2.0"
by Donald Jefferies

"The old line about “truth forever on the scaffold, wrong forever on the throne” comes to mind regularly now, as I observe the dying throes of the American Republic. It’s probably fitting that we’ve closed most of the mental institutions, since the entire country has largely devolved into the largest insane asylum the world has ever seen.

Now, I understand that, being mere peasants and all, we don’t have the pleasure of seeing who our real rulers are. So I can only assess the leaders we can see, and they are the most pathetic lot imaginable. Not only is America 2.0 the antithesis of a meritocracy, we have accomplished the very difficult feat of elevating the wrong people into the wrong jobs in all the wrong places. There is no bright spot in this decaying civilization, not even a single small district somewhere, with decent and honorable people in charge. Not one corporation anywhere, that doesn’t underpay its staff, while giving executives sinful bonuses, abide by DEI policies, and support the “Woke” globalist agenda.

Lord Acton’s declaration that power corrupts has been realized to a degree he could never have envisioned. The lunatics wielding power at every level have left nothing to chance. None of that “randomness” we’ve heard so much about, from the lunatics themselves. It’s true that every child can grow up to become president. But he/she/they/them must be an utter psychopath. Devoid of principle. And then they will still have to compete with countless other candidates.

My books on hidden history have demonstrated, I hope, the evil natures of most of the figures the court historians tell us are “great.” Abraham Lincoln was certifiable. But he’s the secular saint of our society, the “greatest” leader we ever produced. Teddy Roosevelt was a more intelligent version of John McCainiac. Woodrow Wilson was even more bloodthirsty than most of his fellow eugenicists, who have been running things now for over a century. FDR was second only to Lincoln. It wouldn’t surprise me to learn that he held black masses in the White House. Give ‘em Hell Harry Truman dropped the bomb on Hiroshima and Nagasaki, and was unapologetic about it for the rest of his life. Both FDR and Truman were 33rd degree Masons. Maybe they sacrificed humans in the Oval Office. Eisenhower sent millions of Germans to their death in Operation Keelhaul. LBJ was a crude, reprehensible bastard who is thought by respected researchers to have ordered a hit on his own sister.

I don’t really have to tell most of you about the sins of the presidents in our modern era. Ronald Reagan was accused of rape while an actor in Hollywood. He was an open borders advocate all his life, and the only taxes he cut were those on the wealthiest Americans. He didn’t eliminate a single government program in eight years. He was the first divorced president, and was a cold father. His “family values” were such that he didn’t even see his grandchild for a year while in the White House. George H.W. Bush was part of a generational crime family. He was reported by disparate witnesses as being sexually interested in underage Black boys. Bill and Hillary Clinton have the most extensive and long lasting Body Count on record. So I guess you have to give them some credit for that. Their careers of corruption would make a Mafia don blush. Dubya was a drunk and cocaine addict. To be fair, Bill Clinton was a cocaine addict, too. That didn’t stop them from imprisoning commoners for cocaine possession.

Obama had multiple Social Security numbers. He almost certainly wasn’t born in this country, making him unconstitutionally ineligible to be president. Too many records about his past remain sealed. For all I know, he was created in a laboratory. Donald Trump was the nephew of the guy who was sent to confiscate and disappear the records of Nikola Tesla. Both his parents were real oddballs and apparently never told him that they loved him, although the quote from his mother calling him “an idiot” is apparently bogus. Joe Biden was known to break into empty houses for sale with his boys for unknown reasons. He also took inappropriate showers with his daughter. These are just the transgressions we know of, and limited to our embarrassing collection of chief executives. Reagan, Bush, Clinton, Biden, and Trump have all been accused of rape or sexual assault. You’d think the electorate could keep rapists at least out of the White House. Not sure if Larry Sinclair accused Obama of actual rape.

Our Congress has been full of deviants who can be easily compromised by the true, invisible powers behind the scenes for as long as I can remember. Remember Barney Frank running a gay bordello out of his townhouse? Gerry Studds and his underage male page conquest(s)? Both not only escaped any punishment, but went on to be reelected over and over again by the edumucated voters. We’ve had people reelected to Congress from their prison cells. The voters have even reelected dead congressmen. To be fair, this is altogether fitting and appropriate, given the fact that the dead have more voting rights in this country than anywhere else in the world. And wouldn’t an all dead Congress be much better than what we routinely have to deal with? I recounted the escapades of a bunch of best and brightest “representatives” in my book Survival of the Richest. It’s heartwarming to know that even now we are footing the bill for their lucrative pensions. When most of us don’t have pensions ourselves.

Joe Biden appointed “transitioned” Rachel Levine to his cabinet. He also had the guy/girl/they/them with a shaved head and red mustache, who was addicted to stealing luggage. That was a tough act for Trumpenstein to follow, but his “spiritual advisor” Paula White proved to be a worthy competitor. White has been married three times, the same as Trumpenstein himself. She ran a broadcast ministry with one of her husbands, garnering a very holy $40 million annually. Now that’s prosperity gospel. Republican Senator Charles Grassley led an investigation into how their ministry was misappropriating parishioners’ donations. Her other two husbands were rock musicians, including her present spouse, Jonathan Cain, the keyboardist for the band Journey. You have to catch the act of Rev. White (I’m not sure she’s a technical reverend, but it worked for crack dealer turned FBI informant Al Sharpton, so why not?) to appreciate the full magnificent spirituality of this born again blonde.

Rep. Ayanna Presley, one of the stars of “The Squad,” a particularly hateful anti-White group of “representatives,” supposedly came into Congress with $12,000 in assets, but now somehow has a $9 million fortune. On a $174,000 salary. Okay, sure, I’ll believe that as easily as I believe Alexandria Ocasio-Cortez was a humble waitress/bartender who was able to successfully run for Congress. That’s almost as awe inspiring as housewife Patsy Murray running for Senate and winning. With absolutely no charisma. Absolutely no burning issues to motivate her. She’s basically been the female, non-non-Irish version of Chucky Schumer. Another member of “The Squad,” Ilhan Omar, is now worth $10 million. After supposedly marrying her brother to get into the country from her native Somalia, land of the 68 average IQ, if right-wing extremists can be believed. She’s really kind of the total package. Low IQ, possible incest, virulent anti-White mindset. How could she not rise to prominence?

I went over the amazing lack of ability, not to mention mind-boggling greed, of our corporate leaders in Survival of the Richest. This is perhaps best exemplified by Carly Fiorina, who as CEO ran Hewlett-Packard into the ground, to the extent that they gave her a $40 million “golden umbrella” to resign. Why aren’t there any “golden umbrellas” for blue-collar workers? I mean, they don’t have to be $40 million. $40,000 would be great. At any rate, Fiorina, emboldened by her utter failure as a corporate honcho, ran for president after collecting her golden umbrella. It takes a special brand of psychopath, whether leading General Motors or General Electric, to lay off thousands of workers, while collecting a bigger bonus in the process. A tax-free bonus, as all laughably defined “performance bonuses” have been since the 1990s. And the layoffs are usually at Christmastime. Just to drum home the psychopathic nature of it all. Kind of like gang members having to kill or rape as an initiation.

And now, thanks to disclosures from the Epstein files, we know that not only are these movers and shakers hopelessly corrupt and/or incompetent pedophiles, they are literal cannibals. Now, you say this to the average person, and they will give you that vacant look that makes a tyrant’s mouth water, and a bully’s dingaling hard. It’s beyond their comprehension, so they’ll just revert to scoffing at you. Killing the messenger and all that. And beyond the corruption and incompetence, we have a third factor to contend with now. That would be absolute lunacy. Think screaming pussy hats, drag queen strippers gyrating for children, the crazed “educators” lecturing from TikTok. Which is fitting, in that America 2.0 is now largely an open air mental institution. You know, much as Gaza is an open air prison. It’s beyond inmates running the asylum. Inmates might have some morals. They might not be willing to eat other people. They might not be willing to “transition” their young children.

But you do have choices in America 2.0, even after Roe vs. Wade was overturned. They give you two political parties to choose from. Wouldn’t want you to have too much on your plate. In one corner, you have the virulent anti-White party that boasts the likes of Adam Schiff and Sheila Jackson Lee, a DEI queen who mistreats her staff and thinks that humans landed on Mars. In the other corner, you have “conservatives” like Kristi Noem, whose husband is now apparently about to “transition” Bruce Jenner style, and lifelong bachelor Lindsey Graham, seen most recently at Disney World by himself, carrying a very, very un-heterosexual wand in his hand. While the Democrats concentrate mostly on making life miserable for White males, the Republicans focus primarily on serving the interests of their masters in Israel. But ultimately, all of them are Zionists. Democrats agree that Israel “has a right to exist.” And Republicans dutifully say “African-American” with the proper reverence.

Just imagine what a society run by principled leaders would look like. The infrastructure could be as good as China’s, without the totalitarianism. There would be a true meritocracy, with no favoritism. The corruption would be addressed, and the conspirators would be held accountable. No more Oswald/James Earl Ray/Sirhan/ Timothy McVeigh/19 crazed Arabs/Tyler Robinson did it nonsense. “Gender reassignment surgery” would be outlawed. Mothers who advocated such mutilation of their loved ones would have their mental issues addressed, in newly opened facilities all across the country. Our troops, stationed in over 100 countries around the world, would be brought home. Mass deportations would actually happen. All foreign aid would be stopped. We would condemn the despicable actions of Israel, not enable them. Social Security would be means tested, and all income taxed for it. A lump sum option would be factored in, to gradually wean us off the system.

There would be a new and improved DOGE, with honorable statesmen acting on the disclosures, and eliminating all that fraud, waste, and abuse. The people responsible for it would be prosecuted. DOGE would be extended to include the big tax-free foundations, and all offshore profits would be taxed at 100 percent. This would encourage reinvestment in our dearly departed industry. Most every federal agency would be abolished. The national debt would be repudiated, and a new, honest money system developed to replace the counterfeit Federal Reserve. All the trillions saved from DOGE would indeed result in massive reparations payments to embattled U.S. taxpayers. Way more than $5,000 each. A new, fairer tax system would be based on Huey Long’s “Share our Wealth” program, which got him assassinated. The first million of income would be completely tax free, and then rise in small increments until you essentially would have that billionaire tax that is being talked about now.

You’re probably saying, “What are you doing, running for Congress?” Yeah, I know - I sound like the protagonist in a Frank Capra film. As I’ve said too many times, I have watched a lot of his movies. Populism is the answer. Not liberalism. Not socialism. Not conservatism. Not libertarianism. No excessive concentration of power anywhere, whether group or individual. People have admonished me before on exposing the problems, but not offering solutions. As you can see, I have plenty of ideas for solutions. All of which would work better than the few options we’re given. Keep raising the retirement age. Or don’t retire at all, to quote the esteemed Unchosen leader Ben Shapiro. Support the troops. Support the police, unless they’re arresting a “marginalized” person. We’re an equal opportunity (i.e., anti-White) employer. Diversity is our strength. Transwomen are women. Men can have babies, as an increasing number of free, non-residents of mental institutions keep telling us.

You can’t have corrupt, incompetent, and insane leadership without a corrupt, incompetent, and insane base. Or a corrupt, incompetent, and insane support system. America 2.0 has that in abundance. Look at the People of Walmart web site. Look at the obese adults, proudly going public in their pajamas. Showing off their tattoos. Displaying their very real mental instability. Ready to “light up your ass” at the slightest provocation. For instance, looking at them “the wrong way.” We’re all ghetto now, baby! Nobody does disparity of wealth like America. Or systemic corruption. Or DEI fueled incompetence. Or sheer madness, most of it from decades of destructive propaganda. We’re number one! We do it all for you! Shizzle fizzle. Cass me outside. It ain’t nothin’ but a thing. USA! USA! Black women built this country. Your vote counts! It’s hard to keep all the inane slogans straight. But they all advertise our mad reality. It’s no fun being sober at a wild party. Or being sane in an insane society."

Dan, I Allegedly, "We Are All Under Attack!"

Full screen recommended.
Dan, I Allegedly, 4/25/26
"We Are All Under Attack!"
"The economy is shifting fast, and no one is immune. In this video, we break down the rising wave of layoffs, corporate restructuring, and economic instability hitting every industry - from tech giants like Meta and Microsoft to restaurants, retail, and beyond. Whether you’re a salaried employee, business owner, or investor, the risks are increasing, and job security is becoming a thing of the past. We also uncover how AI investments, cost-cutting measures, and declining consumer spending are reshaping the workforce in real time. On top of job losses, we’re seeing rising financial threats - from scams draining bank accounts to massive shifts in spending behavior and collapsing business models. This is not just a slowdown - it’s a systemic change affecting how people live, work, and survive. Stay informed, protect your money, and understand what’s coming next. If you care about your financial future, this is a must-watch breakdown of what’s really happening in today’s economy."
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Joel Bowman, "When North Heads South"

"When North Heads South"
by Joel Bowman

“Of the seven deadly sins, 
the only one I have never committed is envy.”
~ Samuel Clemens, aka Mark Twain

Buenos Aires, Argentina - "On a morning stroll through the fall leaves, we contemplate the changing seasons, golden geese, and the seven deadly sins. But first... One doesn’t have to be a true believer to sense that the Politics of Envy is a sordid enough business in and of itself, even without conscripting the cardinal sins of Wrath and Pride.

Likewise do old school skeptics (see the inimitable Mr. Clemens, quoted above) view jealousy as petty and lame, a sure sign of insecurity... and its malformed twin, over compensation. And yet, for a sizable cohort of what may fairly be labeled the “Why Not Me Too?” Generation, envy is not a shameful vice, but a badge of victimhood, a birthmark of the perennially oppressed, a genetic disposition to be brandished proudly, bravely... and, for the cynical elite class, harnessed for gross political gain.

Thief in Chief: Take for instance the Ayatollah Zohran Mamdani, spiritual leader of the People’s Republic of New York City, for whom “soaking the rich” is as much a campaign slogan for the economically illiterate as it is a battle cry for his collectivist comrades-in-arms. In his latest piece of agit-prop, the Big Apple’s Redistributor in Chief is seen naming and shaming Citadel founder, Ken Griffin, for the unpardonable evil of... having lots of money.

The video, released just in time for Tax Day, shows Mamdani gloating in front of Griffin’s private residence, a 24,000-square-foot property at 220 Central Park South – which he purchased in 2019 for the princely sum of $238 million, the most expensive home sale in the country at the time. “I’m thrilled to announce we’ve secured a pied-à-terre tax,” the 34-year-old Democratic socialist rejoiced. “The first in New York’s history.”
Griffin is rich, you see, and rich equals evil. Ipso facto. Q.E.D. Latinus Micus Dropus. And in an abstract, zero-sum world, where math is subjective and the laws of economics are as mutable as a congressman’s code of ethics, that would be the end of today’s pithy Note. And yet, back in the real world, actions have consequences. To continue, then...

The Highest Pie: In a Little Red Textbook case of “biting the hand that feeds,” Mamdani’s publicity stunt managed to incite the predictable ire of Mr. Griffin, whose “fair share” of the city’s tax burden just happens to be meaningfully weightier than most of the city’s denizens...including the bottom 50% of taxpayers who, according to official records, pay essentially none of the income tax - and actually receive net benefits (that is, negative liability due to credits and transfers, a figure which jumps to 55-65% once you add in Medicaid, housing subsidies, SNAP, and other federal transfers).

Few grown ups would have been surprised when, in response to Mamdani’s personal attack, a top executive at Griffin’s hedge fund sent a companywide email, going so far as to hint at potentially pulling investment on a massive project slated for Midtown Manhattan. From The New York Post: “We are about to commence the redevelopment of 350 Park Avenue, creating 6,000 highly paid construction jobs and supporting the creation of more than 15,000 permanent jobs in mid-town New York,” wrote Chief Operating Officer Gerald Beeson in an email obtained by The Post. “The project – if we move forward – will entail more than $6 billion dollars of spending.”

Mamdani’s office did not immediately respond to The Post’s request for comment. The email went on to note that, over the past five years, Citadel principals and team members – including non-NYC residents – paid nearly $2.3 billion dollars in city and state taxes. Griffin himself, according to the communiqué, contributed an additional $650 million in charitable donations supporting New York City and its residents, including hundreds of millions donated to healthcare facilities like the Memorial Sloan Kettering Cancer Center, tens of millions to museums and cultural institutions, and millions more to education across the city, including charter school programs and broader education initiatives and research projects.

And yet, instead of unleashing the boundless energy of the free market, such that entrepreneurs are able to, per George W. Bush’s matchless articulation, “make the pie higher,” government bakers like Mamdani fixate on cutting ever thinner slices of a shrinking dish, believing in an economic alchemy that promises to somehow multiply wealth by better dividing it.

Golden Geese and Doble Cortados - Of course, the politics of envy is nothing new, especially as it plays so harmoniously to any voting mobjority that stands as net recipients of the pilfered loot. As H.L. Mencken wryly observed, “Every election is a sort of advance auction sale of stolen goods.” Alas, ballot box bribery only works so long as the geese are laying the golden eggs... and provided they don’t fly south when the economic climate changes to unfavorable conditions.

That is, even setting elementary economic numeracy aside for a second, Mamdani’s appeals to the proletariat willfully ignores another glaring reality. People, like capital, go where they are treated best. That is especially true for people with capital, for whom the world is wide and the options endless. As Quoth the Raven writes in his excellent Substack: "Cities thrive on ambition. They depend on people who are willing to build companies, take risks, and, yes, accumulate outsized rewards along the way. When political rhetoric begins to frame that success primarily as a problem to be highlighted, rather than a resource to be harnessed, it can send an unintended message. Not just to billionaires with penthouses, but to the broader class of entrepreneurs, investors, and professionals who decide where to build their careers..."

If Mamdani wants to raise more revenue, he will eventually have to decide whether he is in the business of governing a fragile economic ecosystem or narrating one. This isn’t SimCity, or the lunch table with the drama club. Playtime in the sandbox is over. New York City is a global icon and the uncomfortable truth is this: the people Mamdani is turning into political props are the same ones writing the checks. And they have options.

Which brings us back to our daily flaneur...Calling in at our favorite café for a much needed doble cortado, and ruminating on the flight of the golden geese across the clear blue skies overhead, we scanned the morning’s headlines and caught this, from La Nacion: "Peter Thiel, co-founder of PayPal with Elon Musk, bought a mansion in Barrio Parque and paid a record price. The tycoon, who is visiting Argentina for two months, acquired a property in one of Buenos Aires’ most expensive neighborhoods and met with Javier Milei at the Casa Rosada (the presidential palace).

The billionaire specifically chose Barrio Parque as his accommodation during his visit. Initially, it was believed he had rented the property since he would only be in the country for two months. However, as Ámbito confirmed with the real estate agency that handled the transaction, Thiel made the purchase in record time for the house...for a sum close to US$12 million. “It was a wonderful meeting,” President Milei said of he and Mr. Theil’s confab, adding that as fellow anarcho-capitalists, they both view “taxes as theft.” Dear readers can just imagine our surprise." Stay tuned for more Notes From the End of the World...

Friday, April 24, 2026

"Alert! Defcon! Iran Prepares Biggest Missile Launch In History"

Full screen recommended.
Canadian Prepper, 4/24/26
"Alert! Defcon! Iran Prepares 
Biggest Missile Launch In History"
Comments here:

"INTEL Roundtable w/Johnson & McGovern: Weekly Wrap 24-April"

Judge Napolitano - Judging Freedom, 4/24/26
"INTEL Roundtable w/Johnson & McGovern: 
Weekly Wrap 24-April"
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"The Great Iran Lie and the Persian Gulf Catastrophe"

"The Great Iran Lie and the 
Persian Gulf Catastrophe"
by David Stockman

"What is going on in the Persian Gulf is rotten beyond words. The rogue madman in the Oval Office has detonated a conflagration there that could send the entire global economy and financial system spiraling into a catastrophe - and not just because or even mainly due to the 23 million barrels of oil per day at risk out of 105 million needed worldwide.

What’s really at risk is the underlying global financial system. The latter is a veritable house of cards sitting upon a mountain of debt, leverage, and speculative excess. So it may not have the capacity or resilience to withstand a sudden $200 per barrel oil shock.

Yet and yet. The whole insanely reckless act of launching a sweeping military attack on a nation of 90 million people that had zero capacity to impose military harm on the home territory of the United States is predicated on one of the Great Big Stinking Lies of History - namely, that the Iranian regime is a uniquely evil stain on the face of the earth and has spent 47 years bringing injury, mayhem, and death to America and much of the region around it.

The truth, however, is that there’s nothing especially unique about Iran’s manifold sins at all. It’s just another run-of-the-mill authoritarian state run by a medieval theocracy that has imposed one of the most benighted tyrannies of modern times. Accordingly, it has brought untold hardships and miseries to its people, especially via the brutal ruffians of the IRGC.

But that’s mainly the unfortunate work of the clerics and their IRGC allies ruling inside its borders. When it comes to the outside world, Iran has invaded not a single neighboring country since 1979, and indeed not in the last 300 years before the mullahs.

At the same time, Iran was savagely attacked by Saddam Hussein with U.S. and European arms during the 1980s; it has been brutally sanctioned by Washington trade embargoes and economic warfare for the past 30 years; and for decades, it has also been relentlessly assaulted via Israeli assassination squads, saboteurs, and periodic missiles and bombs. In fact, the whole "leading state sponsor of terror" slogan has more validity as a Bibi Netanyahu campaign theme than it does as an accurate description of the real world.

And, no, the "whadabout the proxies" canard doesn’t cut it, either. Not a single one of Iran’s so-called "proxies" in the region was concocted out of whole cloth by the mullahs as some kind of mercenary force recruited, trained, and financed by Tehran and artificially implanted in the soil of Lebanon, Syria, Yemen, and Gaza.

To the contrary, the first three of these represented Shiite populations, which aligned with their Shiite brethren in Iran out of confessional ties and due to the fact that they were imperiled in their home countries. After all, there was no Hezbollah until Israel invaded southern Lebanon in the early 1980s and imposed a harsh occupation that left tens of thousands dead, culminating in the genocidal atrocities at Sabra and Shatila.

Likewise, the late Assad government in Syria was Alawite, which is a Shiite branch, and had been at war with Israel off and on since 1967 under Bashar Assad and his father before him. Whatever the merits of its half-century-long struggle with the Israelis, the Assad regime didn’t need any new marching orders from Tehran to become a "proxy."

Even in the case of Yemen, the country has been divided and wracked by civil war conditions since the 1960s as regionally based Shiite and Sunni factions battled for power. The Houthis, domiciled in the north and west of Yemen, of course, are Shiite and made an alliance with Tehran. Not surprisingly, the southern and eastern Sunni areas of the country were aligned with the Sunni monarchy of Saudi Arabia, which has waged war against the Houthis much of the time since 2015.

Finally, however evil the Hamas forces are, they were not born, bred, and raised by the mullahs. If anything, the Israeli-sponsored open-air prison in Gaza and five brutal episodes of "mowing the lawn" via vicious bombing campaigns since 2007 were more than enough to explain the rise of Hamas. In fact, Hamas was mainly Sunni, not Shiite, and was aligned with Iran only out of having a common enemy. Even then, most of the suitcases full of cash that Netanyahu permitted to come into Gaza year after year before October 7th were Sunni money from the Gulf states, not Iranian proxy finance.

So, yes, there has been a goodly amount of conflict and violence in the region, but it was not robotically commanded by the Ayatollahs. It was deeply rooted in the indigenous conflicts of the region that long pre-dated the 1979 Islamic Revolution. The common thread, of course, is that all four of these forces were indigenous to the region and had a beef with Israel, separate and apart from anything happening in Tehran. That’s mainly because each of these groups was directly attacked or demonized by Bibi Netanyahu for deep reasons of Israeli politics.

For instance, the only reason Hamas thrived as long as it did is that Bibi Netanyahu financed it via Qatar in order to weaken the Palestinian Authority. In turn, that cynical ploy was aimed at scuttling any eventual implementation of the Oslo Accords and a two-state solution on the grounds that the Palestinians were so divided and violent that there was "no one to negotiate with."

In any event, the gist of the 47-Year War on America Lie stems almost entirely from Israel’s ongoing battle with the four mislabeled "proxies" and Washington’s repeated interventions, funding, and international political and diplomatic support for Israel. And even then, taking sides in this manner had no benefit whatsoever for the homeland security of America.

Yet it was the unnecessary and avoidable fallout from consistently taking sides with Israel against these regional foes that gave rise to the hoary myth that Iran has murdered more than 1,000 Americans over the 47 years since the Revolution. Yet a simple fact check conducted by Grok 4 at our request debunks this endlessly chanted claim lock, stock, and barrel.

Here are the key realities: Not one of the 1,050 American deaths during this period occurred on American soil. Exactly 1,041 of these deaths occurred at the hands of alleged Iranian proxies versus only 9 attributable to the Iranian military or other government agencies. Fully 1,000 or 96% of the American deaths happened in the context of U.S. military deployments to the region and the resulting active wars and peacekeeping activities in Lebanon, Iraq, Syria, Yemen, and adjacent territories and coastal waters.

That’s right. Not one of these U.S. military deployments from the Beirut Marine barracks forward was necessary for America’s homeland security. To the contrary, all were elective wars undertaken in pursuit of the imperatives of Empire. Accordingly, the resulting deaths are due to putting American military and civilian personnel wrongfully in harm’s way - and most especially from taking sides in local and regional military conflicts that were none of Washington’s business.

In short, the 1,000 American deaths chant is completely and hideously wrong because these figures resulted from Washington-initiated military actions in the Mideast that were wholly unjustified and, consequently, put American lives in harm’s way against local people who had reason to defend themselves from actual or potential U.S. military assault.

Thus, while all of these deaths were tragic and unnecessary, the neocon exploitation and lies about them need to be subject to withering ridicule. That is to say, things that didn’t need to happen owing to Washington’s fault over nearly a half-century do not remotely amount to a casus belli in any rational world.

Indeed, even if you consider these unfortunate deaths as abstract statistics without context or blame, there is absolutely no cause to start a quasi-world war in the Persian Gulf, which supplies a crucial share of the world’s crude oil, refined petroleum, LPGs, liquefied natural gas, industrial sulfur, and helium crucial to semiconductor chip production, among others.

To the contrary, the unhinged madman domiciled in the all-powerful Oval Office has the region, the U.S., and the global economy on the edge of catastrophic upheaval based on an utterly untruthful narrative about 1,050 American deaths during the last 47 years that were far exceeded by the ordinary course accidents and hazards of daily life in America during that same period, such as fatalities from:
o Powered lawnmower accidents: 3,200 deaths.
o Bee stings: 3,900 deaths.
o Falling out of bed: 10,300 deaths.
o Visiting Mexico: 4,000 Americans murdered there.
o Lightning strikes: 2,000 deaths.
o Cardiac arrest during sex: 8,000 deaths."

"War In The Middle East"

Full screen recommended.
OPTM, 4/24/26
"Netanyahu Gov't Coalition Collapses...
PM Flees Tel Aviv As War in Iran Backfires"
Comments here:
o
Mohammad Marandi, 4/24/26
"Something Serious Is Coming For Israel, And It's Close"
Comments here:

Stipendium peccati mors est, Israel, and it's coming...

Travelling With Russell, "Did I Find Russia's Best Supermarket?"

Meanwhile, in a sane, civilized society...
Full screen recommended.
Travelling With Russell, 4/24/26
"Did I Find Russia's Best Supermarket?"
Comments here:

Jeremiah Babe, "Fast Food Rage Plaguing America; Supply Shock Will Hit This Summer"

Jeremiah Babe, 4/24/26
"Fast Food Rage Plaguing America; 
Supply Shock Will Hit This Summer"
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Musical Interlude: 2002, “Even Now”

2002, “Even Now”

"A Look to the Heavens"

"In July 1054, when the night sky was still the only visible archive of the universe, a flash appeared so intense it left entire cultures in a state of confusion.
Chinese astronomers recorded it with great precision, describing it as a guest star capable of shining even in daylight. Arab and Japanese scholars also noted that sudden apparition, struck by a luminosity that seemed to pierce the cosmic darkness with unprecedented violence.

That light marked not the beginning of a star, but its final act. In the core of a massive star, after millions of years of precarious equilibrium, the reactions that sustained it had collapsed. The internal structure had fallen toward the center and then exploded with immense force: a supernova. In a single instant, the energy released exceeded that produced by billions of stars like the Sun, transforming a point in the sky into a dazzling beacon. Observers at the time could not have imagined they were witnessing the birth of what we now call the Crab Nebula, a tangled expanse of luminous filaments, as if the explosion had left behind a signature of dispersed matter and residual light. At the center of that cloud, the star's surviving nucleus still pulsates: a neutron star, so dense that a teaspoon of its substance would weigh more than a mountain. It spins wildly, emitting regular pulses of radiation, like the constant beating of a cosmic lighthouse.

When we observe images of the Crab Nebula today, we are not simply looking at an astronomical object. We are contemplating the luminous trace of an event recorded almost a thousand years ago by people who could not understand its nature, but who preserved its memory. It is a bridge uniting distant eras, built with the light of a star that chose to bid farewell with one of the most magnificent explosions ever witnessed by humanity."

"Turkey Unveils It's Most Destructive Bomb Aimed At Israel"

Dalio Secrets, 4/24/26
"Turkey Unveils It's Most 
Destructive Bomb Aimed At Israel"
Comments here:

"What Would Orwell Say?"

"What Would Orwell Say?"
by Jeffrey Tucker

"Vladimir Putin once gave an address to the nation that urged his country to be patient with the current pain. He said he was working to restructure economic life to deal with the ongoing disaster in employment, good access, productivity, technology and inflation. It’s transitory, he explained, and all the fault of the West. He had this totally under control, he said. Just trust the government. Many people do. People in cities were skeptical but he remained widely popular in rural areas. Meanwhile the government worked to silence dissent, punish those who protest and control the media.

This story sounds strangely familiar, doesn’t it? The White House daily urges this country to be patient with the current pain. They are working on ways to address the ongoing mess with inflation; declining financials; goods shortages; supply-chain woes; mail that barely functions; and a medical system that is throttled, distorted and wildly expensive. It’s all the fault of Putin for invading Ukraine, all Iran's fault, thus necessitating severe economic sanctions and driving up the costs of everything.

The Price of Freedom: It’s the price we pay for freedom! All we are supposed to do is trust the government. Trump believes he has this totally under control. People are skeptical but he remains popular in some circles, mostly in large blue states. Meanwhile, the government works to silence dissent, punish those who protest and control the media.

It’s getting creepy how government policies are increasingly copying each other. It’s not unlike the final global equilibrium in Orwell’s "Nineteen Eighty-Four": three large states that are indistinguishable in despotism, constantly trading places to demonize the other.

Copycat Policies: Ever since the end of the Second World War, we had a sense that governments of the world were competing over economic systems. Which had the most freedom? Which nations were rich versus poor? What kinds of policies did nations have, and which policies were best at promoting economic growth, human rights and peace?

There was of course the Cold War that pitted the “free world” against the captive world. What an innocent time that was! It lasted 40 years, which in retrospect seemed like mostly pretty good years for the West. We had a sense of what we were and what we were not. We had a model of what we never wanted to become, and that was a tyrannical communist state.

The changes from 1989 and forward fundamentally altered that perception. Communism went away and even the remaining communist empire of China itself opened up its economy to trade, ownership and enterprise. That binary world was blown apart. Our lizard brains that look for easy stories were challenged by new forms of what not to be. Terrorism fit the bill for some years but it couldn’t last.

One System for the World: As we now look at the large world alliances - dominated by Russia, China and the U.S. - it is increasingly difficult to distinguish their policies. There is a push in the U.S. for a China-style social credit system. Russia uses brutal tactics for suppressing dissent that it copied from China. China copies the U.S. system of industrial subsidies and fiscal and monetary stimulus. Each government aspires to the same: total political and social control, while allowing just enough freedom to keep the wealth machine running to provide the revenue.

What burned this copycat system in place were the lockdowns of 2020. They began in China, expanded to Italy and were quickly copied by the U.S. That was a devastating moment because it told the world: This is good science! If the Bill of Rights and the Constitution in the U.S. were not enough to stop this from happening, surely this virus could kill us all! Very quickly after that, most states adopted that very system. Amazing.

The New Freedom Index: They also copied the wild spending, the monetary expansion, the police-state tactics, the vaccine mandates, the surveillance and the demonization of dissent. All governments in the world blew up in size and scope. They have stayed that way. Now we are left with the results of massive and ubiquitous authoritarianism plus rampant inflation and debt, along with slow economic growth and goods shortages. All these nations too have kept media empires that reflect the prevailing line plus a small dissident press that is barely tolerated and often fighting for attention and even existence.

What states in the world resisted? There are only a few. Sweden. Tanzania. Nicaragua. Belarus. South Dakota. Later, the most open states in the world were in the U.S.: Georgia, Florida, Texas, South Carolina. These are now the outliers in the world, actual places of freedom. Other quasi-rational places are Denmark, Norway and the Netherlands. As far as I know, 10 years ago, there were zero predictions out there that these would be the new free lands in the whole planet Earth.

The Great Struggle for the Future: The world is fundamentally different now than six years ago. The internet is no longer open. The censorship has become brutal. Ten years of programming from RT America were deleted by YouTube. For reasons we do not know, the entire channel was closed by some decision somewhere. All employees were fired.

It was not supposed to be this way. In the old days, people believed that a major advantage of the internet was that it was forever. Now it has become a tool of the censors. The lack of concern for freedom and truth is utterly appalling. In Orwell’s book, there are three superstates that forever rule the world: Oceania, Eurasia and Eastasia. Is this our future? Maybe. I actually doubt it. What we actually see happening is a global awakening for freedom. It’s happening. Slowly, but it's out there.

Good News and Bad News: A major factor here is just how poorly the elites have performed. Their plans have failed and they have only generated poverty and chaos. Trump, Putin and the CCP all face the same problem: They preside over systems that are underperforming and generating enormous unrest at all levels. We are just at the beginning, but this could end very badly for the arrogant political class that imagines no limit to their power. Unfortunately, things could get a lot worse before they get better."

"I Promise You This Much..."

"One final paragraph of advice: do not burn yourselves out. Be as I am- a reluctant enthusiast... a part-time crusader, a half-hearted fanatic. Save the other half of yourselves and your lives for pleasure and adventure. It is not enough to fight for the land; it is even more important to enjoy it. While you can. While it’s still here. So get out there and hunt and fish and mess around with your friends, ramble out yonder and explore the forests, climb the mountains, bag the peaks, run the rivers, breathe deep of that yet sweet and lucid air, sit quietly for a while and contemplate the precious stillness, the lovely, mysterious, and awesome space. Enjoy yourselves, keep your brain in your head and your head firmly attached to the body, the body active and alive, and I promise you this much; I promise you this one sweet victory over our enemies, over those desk-bound men and women with their hearts in a safe deposit box, and their eyes hypnotized by desk calculators. I promise you this: you will outlive the bastards."
- Edward Abbey

"What If..."

"What if when you die they ask, "How was Heaven?"
~ Author Unknown

A truly terrifying thought...

"What Is Going To Happen When The Oil Reserves Run Out And The Tankers Stop Arriving?"

by Michael Snyder

"A lot of people out there seem to think that the crisis in the Strait of Hormuz is not that big of a deal, and that is because we aren’t feeling the consequences yet. By the end of this month, the last oil tankers that left the Persian Gulf before the war with Iran began will have arrived at their destinations. And right now nations all over the globe are running through their strategic energy reserves. Some nations have months of oil left, and some nations only have weeks of oil left. As those reserves start to run dry, we are going to witness a supply crunch that is absolutely unprecedented.

If you don’t believe me, perhaps you will believe the head of the International Energy Agency. He is warning that we are “facing the biggest energy security threat in history”…“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency, or IEA, told CNBC on Thursday. “As of today, we’ve lost 13 million barrels per day of oil … and there are major disruptions in vital commodities,” he told Steve Sedgwick virtually at CNBC’s CONVERGE LIVE in Singapore.

Birol has previously warned that the Iran war and ongoing closure of the Strait of Hormuz would result in “the largest energy crisis we have ever faced” and urged governments to bolster their resilience with alternative energy sources. For now, we are only witnessing limited rationing and limited shortages around the world because everyone is running through their strategic reserves. And so it feels like we are going to come through this okay. But the truth is that we aren’t.

Global supplies of oil and natural gas will get steadily tighter during the months ahead. The Iranians are hardly letting any commercial vessels get through the Strait of Hormuz, and even if they suddenly changed their minds tomorrow we are being told that it could take up to six months to clear all of the mines out of the Strait of Hormuz… It may take up to six months to completely clear the Strait of Hormuz of Iranian mines, according to a new report. A Defense Department official relayed the estimate to lawmakers during a closed-door congressional briefing on Tuesday, three sources familiar with the matter told The Washington Post.

The assessment points to potentially long-lasting economic consequences, as the strait - now subject to dueling U.S. and Iranian blockades - is a critical trade artery that carried 20 percent of the world’s oil before the war. It appears that Iran has been using this temporary ceasefire to lay more mines in the Strait. And clearing them will not even begin until the end of the war

Any efforts to remove the mines won’t even begin until the war ends, the official warned. The Iranian navy began placing mines in the Strait of Hormuz in March, as US-Israeli forces continued their joint attacks on the country. Meanwhile, Donald Trump is promising that the U.S. blockade of Iranian ports will continue until Iran finally agrees to make a deal
I am convinced that Trump is quite serious about this. According to CENTCOM, more than 30 vessels have been redirected by the U.S. Navy since the blockade was initiated…The last update by CENTCOM, on Wednesday night, said 31 ships had been redirected since the start of the blockade. Iran has called the blockade a violation of the ceasefire agreement, while the U.S. says it will remain in place as a condition of negotiations.

With Iran and the U.S. both blocking traffic, barely anything is getting out of the Persian Gulf. It is a ticking time bomb for the entire global economy, and we are potentially facing catastrophic supply disruptions…The scale of these observed and potential supply disruptions is without precedent. The 1973 oil embargo wiped roughly 7 percent of global oil production off the market but was politically reversible. The present crisis has reduced 13 percent of global supply, at least temporarily, and it is a physical disruption. The recovery of damaged infrastructure will take months or even years. Finally, the Middle East accounts for about 30 percent of total global oil supply; in a worst-case scenario, virtually all these volumes could be at risk.

The nations that will be the least affected are those that either do not need to import oil or that have accumulated large reserves. For example, China possesses the largest strategic oil reserves in the entire world…New data from the US government released this week shows just how aggressively China added to its oil reserves ahead of the war in Iran. The US Energy Information Administration estimates China ended 2025 with nearly 1.4 billion barrels of oil stocked away, compared to 1.2 billion barrels among the 32 members of the International Energy Agency (IEA), which includes 413 million barrels in US coffers. And the US has been drawing down its stockpile, with the latest US reserve levels showing about 405 million barrels following the sale of over 8 million barrels in the first half of April. Even though the Chinese buy more oil and natural gas from the Middle East than anyone else, they will be able to function normally for many months. Other countries will not have that luxury.

Before the war, it was being projected that the strategic reserves that the UK is holding can only last for about 90 days… As of February 26, according to the UK Department of Energy Security and Net Zero, the UK holds about 38 million ⁠barrels of crude oil and 30 million barrels of refined products, as strategic reserves. The reserves are thought to be able to last around 90 days. Other European countries are in even tougher positions.

Shortages of jet fuel will probably start to show up first. At this point, we are being told that Europe only has about six weeks of jet fuel left…Jet fuel prices have risen even faster, doubling in price to almost $200 a barrel. And as the war drags on, jet fuel is getting harder to come by for countries that don’t produce it or have limited supplies. “In Europe, we have maybe six weeks or so (of) jet fuel left,” the International Energy Agency’s executive director, Fatih Birol, told the Associated Press on April 16.

It appears to be inevitable that flights will be canceled and planes will be grounded on a widespread basis. In fact, Lufthansa has already announced that it will be eliminating about 20,000 short-haul flights… Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes “unprofitable” as the global aviation industry grapples with rising costs.

The German carrier said Tuesday the cuts, which will run through October, are expected to save about 40,000 metric tons of jet fuel. The airline noted that fuel prices have roughly doubled since the outbreak of the Iran war. “In total, 20,000 short-haul flights will be removed from the schedule through October, equivalent to approximately 40,000 metric tons of jet fuel, the price of which has doubled since the outbreak of the Iran conflict,” the company said in a statement. “The schedule adjustments reduce the number of unprofitable short-haul flights across the Lufthansa Group network.”

If the Strait of Hormuz is not opened soon, this will only be just the very beginning. David Roche can see what is happening, and he is suggesting that a worst case scenario is ahead of us… Irishman David Roche see’s what’s coming: “We are going to run out of fuel in the global economy. The markets are in cloud cuckoo land. We are moving beyond initial inflationary affects to the second stage where there is no gas to price. Within a few months we will be in an economy which has to adjust downwards to eliminate demand for fuel that’s not there”

Sadly, if we can’t get the Strait of Hormuz opened we really will experience a global nightmare. It is so frustrating to me that so many people out there do not seem to understand this. Just because we aren’t experiencing the full consequences of this crisis today does not mean that those consequences are not coming. It is going to take time for the strategic oil reserves to run dry. But once they do, things are going to get really crazy."