Turkish VP Accuses Israel of Stoking Iran's Sectarian Divide
#TurkeyWatch 🇹🇷: Vice Pres. Cevdet Yılmaz accused Israel of fueling division in Iran, saying forces “particularly Israel” are trying to “incite and pit people… based on ethnic identity and sectarian divisions.” https://t.co/541vJLm9g5
Venezuela’s Inflation Still World’s Highest at 505% YoY
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST at a CRUSHING 505.1%/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 SPIN. https://t.co/WsbHQ4voQe
Iran Strikes UAE Oil Hub, Signaling Heightened Retaliation
In response to the US launch of “Project Freedom” to reopen the Strait of Hormuz, Iran launched a drone and missile attack. It hit the UAE’s Fujairah oil industry zone. Iran is LOCKED AND LOADED. https://t.co/R8f939cm7w
30‑Year Yield Breaks 5%, War Sparks Bond Vigilantes
Today, the U.S. 30-year benchmark bond yield pierced the important 5% resistance level, ending at 5.02%. Bonds severely underperform in wartime. With the war on Iran, the bond vigilantes ride again. They will teach WARMONGER Trump a lesson. https://t.co/sNxVUqdYwF
Trump's Project Freedom Fails Amid US‑Israeli
Yesterday, Pres. Trump announced Project Freedom, sending US ships to “free up” the Strait of Hormuz. US-ISRAELI WAR ON IRAN = FAILURE. https://t.co/pIItgdOTI9
China Bans Compliance with U.S. Sanctions, Draws Red Line
On May 2nd, China struck back against US sanctions. Now, Chinese parties are ordered to "not recognize, not enforce and not comply" with US sanctions. With announcement No.21, China has drawn a red line. IT'S ABOUT TIME. https://t.co/EvWcJGEjHO
Sanctions Fail, Prompt Counterattacks Like China's Response
My view in @FortuneMagazine on CHINA’S COUNTERATTACK ON US SANCTIONS: "We have long argued that sanctions are cards played by losers. The historical record is unambiguous: sanctions rarely achieve their desired ends and often give rise to counterattacks." https://t.co/EvWcJGEjHO
US Hormuz Blockade Heightens Risk of Global Slowdown
My take on the effects of the US blockade on the Strait of Hormuz on @MarioNawfal: “With each passing day of the imposition of the US blockade of the Strait of Hormuz, the probability of the world economy entering a more...
Detroit Automakers Blame US‑Israeli War for $5 B Loss
Detroit automakers claim that the US-Israeli war in Iran is set to cost them $5 BILLION due to commodity price increases. THE AUTOMAKERS SHOULD SEND A BILL FOR DAMAGES TO TRUMP & NETANYAHU. https://t.co/FtDCfe7g8G
Trump’s Gulf Blockade Turns Allies Into Adversaries
My take on Pres. Trump turning FRIENDS in the Gulf into ENEMIES with @MarioNawfal: "With the US blockade of the Strait of Hormuz, members of the Gulf Cooperation Council can no longer export their oil. As a result, the US blockade is...
Brazil's Slower Growth Isn’t Due to Market Freedom
Brazil is a large emerging-market country. It should be growing more rapidly than the US. It’s not because it’s less free market than the US. https://t.co/I9aEhKJJE5
Erdogan Calls Unity the Region’s Strongest Defense
#TurkeyWatch 🇹🇷: President Erdoğan warned against those seeking to “drown our region in blood by pitting brother against brother,” saying “our strongest line of defense… is our solidarity.” https://t.co/xgcJ3w4Zkb
Turkey Alone Boomed While Iran Lagged Post‑attack
Before the US-Israeli attack on Iran, the Iranian economy was doing slightly better than Iraq. Turkey was the only economy that BOOMED. https://t.co/9TQo3gHwn7
Sri Lanka's Economy Still Stagnant After 2019 Crisis
Until the currency crisis hit Sri Lanka in 2019, it was growing on par with India. Contrary to reports in the Western media, since the crisis and the IMF’s intervention, the economy has never recovered. https://t.co/HTdlhPOpEm
Geopolitical Tensions Drive Nations Toward Gold Safe Haven
Driven by the US-Israeli war on Iran and the impoundment of Russian central bank assets, countries are TURNING TO GOLD as a safe haven that is free from sanctions. BUY GOLD, WEAR DIAMONDS. https://t.co/7J81FozNbI
Malawi Ranks 8th Most Miserable Amid Soaring Inflation
In Hanke’s 2025 Annual Misery Index, Malawi ranks as the 8TH MOST MISERABLE country in the world. SKY-HIGH inflation and PUNISHING bank lending rates are crushing households and choking economic activity. https://t.co/GsV7HDeidw
US Economy Stumbles: Inflation Rises, Budget Spirals, Growth Stalls
My view on the POOR state of the US economy on @MarioNawfal : "Inflation is up in the US. The federal budget is out of control. GDP growth is flatlined. Forget Trump's propaganda machine, storm clouds are gathering." https://t.co/1DRQ94bBCd
China's Low Inflation, Strong Growth Boost Happiness Ranking
In Hanke’s 2025 Annual Misery Index, China ranks as the 15th HAPPIEST COUNTRY out of 178 countries. This is thanks to their low inflation combined with strong real GDP growth per capita. CHINA = GROWTH EXCEPTIONALISM. https://t.co/1r6CJ23Ozh
Kenya's Inflation Misses Target as Money Supply Surges
Kenya’s inflation comes in at 5.6%/yr in April. That’s ABOVE its 5%/yr target. Kenya’s money supply (M3) grows at 11.7%/yr, ABOVE Hanke's Golden Growth Rate of 10.7%/yr, a rate consistent with hitting its inflation target of 5%/yr. THE INFLATION STORY = A...
Angola Ranks 12th in Misery, Driven by 20% Unemployment
Angola is the TWELFTH MOST MISERABLE country in the world in the Hanke 2025 Annual Misery Index. Angola can thank a sky-high ~20% unemployment rate for its economic misery. https://t.co/7pgZJosQdj
Venezuela's Hyperinflation Mirrors Its 632% Money Supply Surge
Today, Venezuela’s inflation is 490.3%/yr. That’s the world’s highest. Venezuela’s money supply (M3) is growing at 632.2%/yr. THE INFLATION STORY = MONEY SUPPLY STORY. https://t.co/mFU1E5Z9TN
Gas Hits $4.43, Near $5 Trigger for Republicans
According to AAA, the national average cost of a gallon of gas has climbed to $4.43, marking a new 4-year high. WHEN THE AVERAGE PRICE HITS $5/gallon, TRUMP AND THE REPUBLICANS WILL BE TOAST. https://t.co/JEq9VymiI7
Japan's Growing Frustration Over 101 U.S. Bases
Many Japanese are also fed up with the fact that the US has 101 military bases in Japan. That's second only to Germany, which is home for 118 US military bases. https://t.co/2vZKRWfr7Y
Americans Rapidly Reject US‑Israeli War on Iran
Trump’s war in Iran has reached Iraq/Vietnam era disapproval levels in RECORD TIME. THE US-ISRAELI WAR ON IRAN = RECEIVES THUMBS DOWN FROM THE AMERICAN PUBLIC. https://t.co/iCGpZF0VZS
Turkey's Money Supply Outpaces Target, Fueling Loose Policy
#TurkeyWatch 🇹🇷: CBRT's Apr. survey has Turkey’s year-end inflation expectations at 27.53%/yr. T’s Money Supply grows at 39.9%/yr. That's well above Hanke's Golden Growth Rate of 23.4%/yr, a rate consistent with hitting T’s inflation target of 16%. T’S MONETARY POLICY = LOOSE. https://t.co/iHtsm4n7T8
Turkey Set to Become Largest Muslim-Majority Economy by 2026
#TurkeyWatch 🇹🇷: IMF World Economic Outlook (WEO) projects Türkiye’s nominal GDP at $1.64T in 2026. That makes Turkey the largest among Muslim-majority economies. Turkey is ahead of both Indonesia ($1.54T) and Saudi Arabia ($1.39T). https://t.co/45COZWtS4b
Trump's Hormuz Blockade Halts Kuwait's Oil Sales
Thanks to the Trump Administration’s blockade of the Strait of Hormuz, KUWAIT CANNOT SELL OIL. https://t.co/p41AG1m4AD
Libya's Oil Revenues Triple, Currency Gains 34% Amid Iran War
Since the start of the Iran war, Libya’s oil revenues have nearly TRIPLED, from $1 billion in February to $2.9 billion in April. Not surprisingly, in the Feb-April period, the Libyan dinar has appreciated by 34% vs. the USD. LIBYA = ONE...
Trump’s Hormuz Blockade Tanks Philippine Peso, Fuels Global Animosity
Thanks to Trump’s blockade of the Strait of Hormuz, the Philippine peso has tanked. TRUMP = A MASTERCLASS IN HOW TO MAKE ENEMIES. https://t.co/gs3D9z92mY
Iran's Rope‑a‑dope: Chokepoint Control Drains Opponents
I spoke w/ @davidlin_TV on why Iran will be hard to beat: "Iran is using Muhammad Ali's rope-a-dope strategy. They've taken a pounding and when the giant is exhausted, they'll land the knockout blow. Iran can do that with its control...
Decapitating Iran's Leadership Won’t Topple Government Overnight
Ex-CIA agent John Kiriakou on Netanyahu's CON that if Iran’s leadership was decapitated, the Iranian gov't would collapse in a day: "We can't just fire a bunch of rockets and take down a government in a country of 93 million people,...
Hormuz Closure Drives Further Oil Price Spikes
My take on oil price spikes with @MarioNawfal : "On March 29th, I predicted that we would have a spike in the price of oil at the end of April, and we did. If Hormuz stays shut for much longer, more...
77% Blame Trump for Gas Price Surge, Reject His Claim
According to CNN, 77% of Americans blame Trump for the SURGE in US gas prices. TRUMP IS TRYING TO ARGUE THAT GAS PRICES ARE LOWER NOW THAN WHEN THE US-ISRAELI WAR ON IRAN STARTED. Americans clearly know that this is NONSENSE. https://t.co/Cn5er0GOt5
US Munitions Reliant on China’s Critical Materials
I spoke w/ @davidlin_TV about China’s control over replacing US munitions: "The US weapons cupboard is bare. Restocking these weapons requires many critical materials, & 95% of those materials come from China. To replenish US munitions, the US needs permission from...
Iran's True Inflation Hits 116% Annually, Not 67%
Iran’s Central Bank reports its inflation rate is 67%/yr. WRONG. Today, using high-frequency data, I measure Iran’s inflation rate at a PUNISHING 116%/yr. I remain the only reliable source for inflation measurements in Iran. YOU WON'T FIND THIS IMPORTANT STORY IN THE MEDIA. https://t.co/W81HmL3Xvp
Euro Adoption Triggers Bulgaria's Inflation Surge, Proves Costly
Bulgaria’s inflation EXPLODED to 7.1%/yr in April from 3.9%/yr in March. As the Father of Bulgaria’s currency board, I predicted an inflation SURGE with the introduction of the euro. EURO INTRODUCTION = BAD MOVE. https://t.co/kTXEo9l5sO
Polish Central Bank Boosts Gold Reserves to 580 Tons
The Polish Central Bank increased its total GOLD stock to 580 TONS. The Poles aim to increase their supply to 700 TONS. BUY GOLD, WEAR DIAMONDS. https://t.co/FS59nEyW50
US-Israeli Conflict Could Cost Pakistan Up to $68 Billion
#PAKWatch🇵🇰: According to Ali Salman, head of the Policy Research Institute of Market Economy (PRIME), the US-Israeli war in Iran is set to COST Pakistan $10 BILLION to $68 BILLION. PAKISTAN SHOULD SEND A BILL FOR DAMAGES TO TRUMP & NETANYAHU. https://t.co/WqbiHpkSQo
Europe's GDP Slips as Anti‑Russia Policies Hurt Growth
Europe’s already WEAK GDP annual growth rate continues to SLIDE DOWN. It fell from 1.2% in Q4 2025 to 0.8% in Q1 2026. The RUSSOPHOBES IN EUROPE ARE COMMITTING ECONOMIC SUICIDE. https://t.co/AlquDmhRVP
Bangladesh Surpasses Pakistan in GDP Per Capita Since 2008
#PAKWatch🇵🇰: Bangladesh, formerly East Pakistan, has outpaced Pakistan in GDP per Capita growth since 2008. IN PAK, THE MILITARY RUNS THE SHOW. PAKISTAN MILITARY MISMANAGEMENT = PAKISTAN IN THE TANK. https://t.co/8m2iqVCHhy
South Korea's Productivity Surge Outpaces Stagnant Japan
South Korea’s GDP per capita outpaces Japan’s by a CONSIDERABLE MARGIN. Between 2008 and 2025, South Korea's labor productivity has grown by 1.53%/yr, while Japan’s productivity has flatlined at 0.03%/yr. SOUTH KOREA IS LEAVING JAPAN IN THE DUST. https://t.co/kTHWpeVX96
US War on Iran Costs $25B, Seeks $200B
My take @FortuneMagazine on the cost of the US-Israeli war on Iran: "Operation Epic Fury has burned through $25 billion so far. That's just the tip of the iceberg. The White House has requested a supplemental budget of $200 billion for its...
China’s Post‑2008 Growth Beats U.S., Redefining Exceptionalism
Forget America’s exceptionalism. Since 2008, all the action has been in China. I wonder if Xi will show Trump the accompanying chart when they meet on May 14 & 15? CHINA = GROWTH EXCEPTIONALISM. https://t.co/Ijn7BPdUxb
Strait of Hormuz Closure Cuts 10M Barrels Daily
According to the World Bank’s NEW Commodity Markets Outlook report, the closure of the Strait of Hormuz wiped out around ~10 MILLION BARRELS/DAY of global oil supply. This is the LARGEST DISRUPTION ON RECORD https://t.co/ERT2BN8SaZ
Venezuela Tops 2025 Misery Index After Decade‑long Collapse
Since 2008, Venezuela’s economy has COLLAPSED. No wonder Venezuela ranks as THE WORLD’S MOST MISERABLE COUNTRY in Hanke's 2025 Annual Misery Index. https://t.co/AHMhvhy5Ac
US Munitions Depleted: Half of Key Systems Exhausted
My take @FortuneMagazine on the depleted US munitions: "In Iran, the US has burned through 45% of its Precision Strike Missiles, 50% of its THAAD interceptors, 50% of its Patriot PAC-3 inventory, and 30% of its Tomahawks." US WEAPONS CUPBOARD = EMPTY https://t.co/M437EG5SfV
Sweden's Low Inflation Mirrors Sub‑Target Money Growth
Sweden’s inflation is 0.5%/yr. That’s BELOW its 2%/yr target. SE’s money supply (M3) is growing at 4.5%/yr, BELOW Hanke's Golden Growth Rate of 5.8%/yr, a rate consistent with hitting its inflation target of 2%/yr. THE INFLATION STORY = A MONEY SUPPLY STORY....
China's Q1 Gold Demand Hits Record 362 Tons
China's gold demand in Q1 just hit a RECORD HIGH of 362 tons. BUY GOLD, WEAR DIAMONDS. https://t.co/i4imHfn9jj
US Munitions Depend on China’s Rare‑earth Magnet Supply
My take @FortuneMagazine on China’s control over the replacement of US depleted weapons stockpile: "Replenishing these [US] munitions requires 5-10 metric tons of finished defense-grade rare earth magnets, more than 95% of which must come from China." https://t.co/M437EG5SfV
Free‑Market Reforms Spark Vietnam’s Exceptional Economic Boom
Thanks to free market reforms, the Vietnamese economy has BOOMED. VIETNAM = GROWTH EXCEPTIONALISM. https://t.co/K5IE3TS4jY