Economics
Larry C. Johnson – The Cushion Ran Out: Bessent’s Oil “Mystery” Isn’t One
An explainer of why the price of oil is nearing crisis level after all these months Larry C. Johnson is a former CIA officer and intelligence analyst, and former planner and advisor at the US […]
Pars Today: US emergency oil reserve hits 1982 low as Hormuz risks keep crude elevated
America’s Strategic Petroleum Reserve has fallen to 293.4mn barrels as Washington draws down emergency stocks Read Article HERE Photo: Wikimedia Commons
Ron Bousso: The Iran war energy crisis is just getting started
The Iran war has pushed the global oil refining industry to the brink, signalling that diesel and gasoline prices may remain elevated for years. Deal or no deal, the global energy inflation shock is far […]
Dean Baker – The Money Is Still Not Showing Up for the Big AI Companies
The chipmakers are making money hand over fist, the energy providers are doing okay, the hyperscalers have less to show, and the AI companies are losing bucks bigtime. Dean Baker is a Senior Economist at […]
Larry C. Johnson: Bessent Doesn’t Understand that He Can’t Weaponize the Dollar with Iran and Bank On It with China
Treasury Secretary Scott Bessent had a schizophrenic Thursday. Asked on CNBC why oil had jumped on the administration’s latest Iran threats, he professed bewilderment: “I’m not sure why oil has popped up on this.” In […]
Nate Bear – How Finland Destroyed Itself For NATO
Finland abandoned it’s socialist policies to embrace Russiphobia, join NATO and give billions of Euros to US and Israeli arms companies, thus furthering the interests of neo-liberalism and the Epstein Class Nate Bear is a journalist, […]
Larry C. Johnson: The Confession in the Escalation: If Iran Is Beaten and Hormuz Is Ours, Why the “Unprecedented” Sanctions?
In my previous piece — The Walls Have Doors Now — I argued that Treasury Secretary Scott Bessent’s promised “measures like have never been seen in the history of the economic isolation of a country” […]
