The dollar is having a good day, but the ruble is in free fall against all major currencies. Suggestion is that the Russian Central Bank is basically out of foreign exchange reserves it can sell to p… (View Post)

The Saudis just passed a government budget with a $27bn deficit, they’re frantically trying to do Dubai on steroids and need the oil price high. A lot of the US production, which can be expected to i… (View Post)

Good. The cost of fuel directly affects the cost of living and inflation more than any other single factor in the economy. Governments need to reduce energy costs as much as possible to enable econom… (View Post)

What the hell is this Kamala Harris video all about? https://x.com/thedemocrats/status/1861550359161745529 She looks and sounds like she’s two bottles of wine down at 1am. (View Post)

It’s one of these issues that illustrates well the horse-shoe theory. Plenty of US libertarians sound little different to the UK Corbynites of a few years ago, who think that their country should hav… (View Post)