The U.S. Has a Plan for the Next Yen Rescue. You're Funding It.
The Treasury Secretary asked for it in public. An emergency facility used once in six years, running on printed dollars.
SNAFU Investing with Lau Vegys
Nothing works the way it's supposed to — and everyone pretends it does. It's the SNAFU world. Essays on money, markets, and the unraveling West — plus stock picks, real-time alerts, and a live portfolio, always one click away.
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I Had Cake at a Yugoslav Dictator’s House
The man who defied Stalin, socialism for thee, and the small country that got out before Yugoslavia exploded.
The Government Just Asked for Another $739 Billion in Debt. For One Quarter.
That's $68 billion more than they said three months ago. Meanwhile, tariff revenue came in below zero, and interest now costs more than the military.
One Winner, One Rough Day, and the Opportunity in It
One up 25%, one down double digits on the day. Here's what I'm doing.
The Photograph That Bailed Out the Yen
The U.S. hadn't bought yen since the 1998 Asian financial crisis. This time it came with a handwritten note, a euro-for-yen trade, and a dollar devaluation that officially never happened.
Goodbye, Spain
Back on the road, your next rabbit hole, and a Soviet joke my father actually lived.
America Just Got More Dependent on Foreign Uranium
The government published the receipts last week. 93% of the fuel in American reactors came from abroad. That's a problem for the country, and an opportunity for somebody.
Why China Canceled the Oil Apocalypse
How China quietly amassed the world's biggest oil hoard, built a replacement for the petrodollar, and used the Hormuz crisis to usher in the multipolar world.
Spain Is the New California
On fire, overrun, and run by socialists. Plus Fauci pleads the Fifth a hundred times, and a mayor unveils a Soviet grocery store.
Situation Normal: Uranium
Why the uranium market has quietly split in two, and why almost nobody is pricing the difference.