Rupee Weakness Drops India to Sixth in Global GDP Rankings
#IndiaWatch🇮🇳: When measured in dollar terms, India falls from 4th to 6th in global GDP rankings. This slip can be laid at the rupee's doorstep. With the rupee down ~11% in FY26, India’s GDP is smaller in dollar terms. India is yet to cross the magic $4 trillion GDP mark. https://t.co/qxCtuWsTTy
Turkey Ranks Third in Misery Due to Soaring Borrowing Costs
In Hanke’s 2025 Annual Misery Index, Turkey ranks as the THIRD MOST MISERABLE country in the world. SKY-HIGH BORROWING COSTS = ECONOMIC MISERY. https://t.co/w0bnKkmBqM
US‑Israeli Iran Conflict Could Rival COVID’s Economic Fallout
Bloomberg reports that Indian officials say that the US-Israeli war on Iran could be as DISRUPTIVE as the COVID pandemic, and the damage to the global economy will LAST FOR YEARS. I agree. https://t.co/czPLAmZmrb
China Triples Export Controls, Turns Supply Chains Into Leverage
In a counterattack to America’s aggressive protectionist measures, China has nearly TRIPLED its use of export controls in the last 5 years. Beijing is turning its supply-chain dominance into geopolitical leverage. CHINA'S MESSAGE = IF YOU ATTACK US, WE WILL COUNTERATTACK....
US Sanctions Backfire, China Gains One‑Third of Iran Trade
In 1995, China accounted for virtually ZERO of Iran's trade. Today, it accounts for 1/3. Ill-advised US sanctions on Iran have BACKFIRED. They’ve allowed China to increase its sphere of influence. https://t.co/JUoFF3ACJR
Venezuela Still Holds World's Highest Inflation at 547%
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST at a CRUSHING 547.4%/yr. That's down from a peak of 828.6%/yr on February 4th. YOU WON’T FIND THIS IMPORTANT STORY IN THE MAINSTREAM MEDIA. https://t.co/AcOxOkkl80
Strait of Hormuz Disruptions Could Trigger 10M B/D Oil Shortfall
Due to the logistical disruptions in the Strait of Hormuz, Wood Mackenzie estimates global markets could be short ~10M b/d. That’s roughly the scale of the demand collapse during the first year of the Covid pandemic. THE WORLD IS FACING A...
US Inflation Just Begun: The Genie Won’t Return
My view in @FortuneMagazine on how US inflation is JUST GETTING STARTED: “It’s at the point now where the inflation genie is clearly out of the bottle and won’t be put back in anytime soon.” https://t.co/40tVOVEUt1
Majority of Americans Deem Iran War Unjustified
According to a new Ipsos poll, over half of Americans say the decision to take military action in Iran has not been worth it. THE US PUBLIC IS TURNING ON THE WAR PRESIDENT. https://t.co/N4FrgolqXX
Argentina's Soaring Inflation Mirrors Runaway Money Supply Growth
Argentina’s inflation comes in at a RED HOT 32.6%/yr. NO SURPRISE. Argentina’s money supply is growing at 31.8%/yr. That's WELL ABOVE Hanke's Golden Growth Rate of 14.8%/yr, a rate consistent with hitting its de-facto 10%/yr inflation target. INFLATION = MILEI'S ACHILLES HEEL. https://t.co/JvIDAwzeSe
Mearsheimer: US Losing Iran War, Needs Immediate Exit
Prof. John Mearsheimer on America's desperate search for an exit from its war on Iran. "The [US] is not in the driver's seat. [Iran] is in the driver's seat. We had these negotiations because America wanted them...We recognize we're losing the...
UK Maintains 117 Overseas Bases, Echoing Empire Legacy
The UK has an ASTOUNDING 117 foreign military bases. They are little more than the residue of the British empire, and an invitation to make trouble. https://t.co/8sFKF1MJcM
China’s Renewable Growth Dwarfs World, Contradicting Trump’s Claim
At the World Economic Forum, Trump claimed China makes renewable equipment but doesn’t use it. Reality: Over the past few years, China’s growth in wind and solar usage has exceeded the rest of the world COMBINED. TRUMP'S RHETORIC RARELY MATCHES REALITY. https://t.co/SGRBqnFkj6
Turkey's Loose Money Policy Drives Lira to Record Low
#TurkeyWatch🇹🇷: The lira hit a record low of 44.7/USD — down 17% over the past year. Turkey's M3 is growing at 39.9%/yr, well above Hanke's Golden Growth Rate of 23.4%/yr, a rate consistent with hitting Turkey’s inflation target. TURKEY’S MONETARY POLICY IS...
US Crude Inventories Drop, First Since Iran Conflict
Today, the EIA released data on crude oil inventories held by US firms. Since the first time since the US-Israeli war on Iran began, inventories have declined. STAY LONG OIL. https://t.co/sc7GCwRvTK