War Drags Emerging Economies, Growth Forecast Cut to 3.6%
In January, the World Bank projected 2026 emerging economy growth at 4.0%. Thanks to the US-Israeli war on Iran, the World Bank has now REDUCED its projection for 2026 emerging economy growth to 3.6%. WAR = SLOW GROWTH. https://t.co/8gCFXCShzT
Cuban Peso Falls 30%, Still 5th Worst Globally
On this week's Hanke's #CurrencyWatchlist, the Cuban peso ranks as the WORLD'S 5TH WORST CURRENCY. The peso has depreciated by 30% against the USD in the past year. Given the US sanctions and blockade on Cuba, it’s surprising that the peso has done as...
Brent Hits Four-Year High, Just as Predicted
Brent crude prices just HIT A FOUR-YEAR HIGH. I'M NOT SURPRISED. As I predicted on @davidlin_TV on March 29th, crude oil prices would SPIKE by the end of APRIL. IT’S APRIL 30th, and PRICES HAVE SPIKED. https://t.co/7Tvnl0ojr1
Germany’s Green Rush and Russophobia Sink Economy
The combination of Germany’s GREEN MADNESS and RUSSOPHOBIA has PUT IT IN THE TANK. https://t.co/Hdi4vi7Rfu
Venezuela's Bolivar Plummets 84%, Pushes Official Dollarization
On this week's Hanke's #CurrencyWatchlist, the Venezuelan bolivar ranks as the WORLD'S WORST currency. The bolivar has depreciated by over 84% against the USD in the past year. VENEZUELA'S TOP PRIORITY = OFFICIAL DOLLARIZATION. https://t.co/vvYHB91ZKo
North Korean Won Plummets 69%, World's 2nd Worst Currency
On this week's Hanke's #CurrencyWatchlist, the North Korean won ranks as the WORLD'S 2ND WORST CURRENCY. The won has depreciated by 69% against the USD over the past year. WESTERN MEDIA = CONTINUES TO FAIL TO COVER THE WORLD'S MOST UNDERREPORTED CURRENCY STORY....
Pakistan's Geopolitical Pickle Exposes Military‑Led Foreign Policy
#PAKWatch🇵🇰: As usual, Pakistan is IN A PICKLE. It must balance a 900km border with Iran, economic dependence on Saudi Arabia, and a role as a diplomatic intermediary in the US-Israeli war on Iran. THIS IS WHAT HAPPENS WHEN MILITARY GENERALS...
Sudan's Pound Plummets, Ranks 4th Worst Globally
On this week's Hanke's #CurrencyWatchlist, the Sudanese pound ranks as the WORLD'S 4TH WORST CURRENCY. The pound has depreciated over 37% against the USD in the past year. https://t.co/ECk4tFBGhH
Iranian Rial Plunges 11% Against USD in Two Days
In the past two days the Iranian rial has reversed course and TANKED. It has depreciated by a STUNNING 11% vs. the USD. https://t.co/o1qfzBl321
Pentagon Admits Iran War Costs $25 B and Rising
After MONTHS of reckless spending and no clear plan, the Pentagon finally reveals the tip of the iceberg: the Iran war has cost $25 BILLION and counting. TRUMP = TURNING PLOWSHARES INTO SWORDS. https://t.co/YGGpuDHWa1
Sanctions Backfire: Expert Confirms They're Ineffective
My friend and renowned oil expert, Javier Blas, NAILS IT. Just like I’ve always said, sanctions rarely work. They almost always BACKFIRE. https://t.co/JcwVpQy4zO
Private Banks Create 80% of US Money, Not the Fed
My take on @UnsiloedPodcast on what macroeconomics textbooks won’t tell you: "About 80% of US broad money is produced privately by commercial banks. It's not produced by the Fed. The elephant in the room is commercial banks. That’s where money is...
Venezuela and North Korea Lead Global Inflation Surge
#HankeInflationDashboard: By my measurements, this week's top 5 inflators are: 🇻🇪Venezuela — 534.9%/yr 🇰🇵North Korea — 229.9%/yr 🇮🇷Iran— 112.3%/yr 🇸🇩Sudan— 63.4%/yr 🇸🇾Syria — 45.2%/yr https://t.co/X6VMtDAGGw
UAE Leaves OPEC: Strategic Shift Explained
HOT OFF THE PRESS: My interview in @FortuneMagazine with @MrShawnTully, "Take the Money and Run": Why the UAE Quit OPEC https://t.co/VBoanrelVc
Offshore Dollar Deposits Top $14 Trillion, Dominance Grows
Despite all the noise about de-dollarization, the FT reports that offshore dollar deposits just SURPASSED 14 TRILLION DOLLARS. The dollar is FAR AHEAD of any rival and its lead is INCREASING. KING DOLLAR = REIGNS SUPREME. https://t.co/A48y0RhHY4
Wishful End to US‑Israeli Conflict: Leaders Exit, Hostilities Cease
My wishful thinking on the US-Israeli war on Iran on @Hedgeye: "The best outcome would be Trump & Netanyahu taking the exit door. Stop the blockade, stop the bombing, stop everything. Just claim victory and stop punishing the Iranians, as well...
World Bank Predicts 24% Energy Price Surge by 2026
Thanks to the US-Israeli war on Iran, the World Bank estimates that energy prices will SURGE by 24% in 2026. WARS = MASSIVE COLLATERAL DAMAGE. https://t.co/s4wF67lMDm
Germany's Green Policies and Gas Ban Hurt Economy
Germany committed ECONOMIC SUICIDE when it embraced GREEN MANDESS and then topped it off by stopping the importation of cheap Russian gas. IT'S TIME FOR THE GREEN RUSSOPHOBES TO TAKE THE EXIT DOOR. https://t.co/8eBgeLr9CL
HK Inflation Near Target, Currency Board Proves Effective
Hong Kong’s inflation rate comes in at 1.7%/yr in March, JUST A TAD below its de facto 2%/yr inflation target. Hong Kong’s Dollar-Based Currency Board is WORKING LIKE A CHARM. https://t.co/LLVZcUcIV2
Singapore Ranks #2 Happiest Thanks to Strong Economy
In Hanke’s 2025 Annual Misery Index, Singapore ranks as the SECOND HAPPIEST COUNTRY IN THE WORLD. Low inflation, minimal unemployment, and stable lending rates, combined with strong real GDP growth per capita, drive Singapore's outstanding performance. https://t.co/HHD87uJ00I
US-Israeli Conflict Fuels Record Yuan Surge
Thanks to the US-Israeli war on Iran, China’s currency is gaining. Cross-border portfolio flows hit $712 BILLION in March (+40% vs last year), while the yuan’s share of China’s international transactions rose above 56%, the highest on record. CHINA = BIG WINNER....
Taiwan Tops Happiness Rankings with 9.2% Growth
In Hanke’s 2025 Annual Misery Index, Taiwan ranks as the HAPPIEST COUNTRY IN THE WORLD. This is thanks to their incredibly strong real GDP growth per capita of 9.2%. TAIWAN = GROWTH DRIVEN PROSPERITY. https://t.co/HJcjzI6ur3
Israel Repeatedly Breaks Ceasefires, Razes Qantara Under False Pretense
Take a look at how Qantara, Lebanon, is destroyed by the Israelis. This is what the Israelis claim is a so-called "military target". ISRAEL BREAKS CEASEFIRE AGREEMENTS AGAIN & AGAIN & AGAIN. https://t.co/U7noaI2AkI
Yemen's Soaring Borrowing Costs Push It to 13th miseryYemen's Soaring Borrowing Costs Push It to 13th Misery
In Hanke’s 2025 Annual Misery Index, Yemen ranks as the 13TH MOST MISERABLE country in the world. SKY-HIGH BORROWING COSTS = ECONOMIC MISERY. https://t.co/LX3r9vDWeG
China Maintains Oil Imports Amid US‑Israeli Conflict
Since the start of the US-Israeli war on Iran, China has not drawn been forced to draw down its inventories of oil. China has obviously been able to import oil at a normal pace. CHINA IS WINNING. https://t.co/Wg0kqvLybI
Russia's Economy Outperforms Western Narratives; Ukraine Declines Since 2008
Contrary to the Western press, the Russian economy has done reasonably well since 2008. Russia has held its own, while on the other hand, Ukraine's economy is worse today than in 2008. HANKE'S 95% RULE = 95% OF WHAT YOU READ IN...
Trump's First Year Sets Record with Seven Wars
My view on Pres. Trump's embrace of MILITARISM w/ @Hedgeye CEO @KeithMcCullough: "In the first 13 months of his administration’s second term, Trump has engaged in SEVEN major military operations in foreign countries. That's more than any other US president in...
US Gas Hits $4.18 Amid US‑Israeli Iran Conflict
Thanks to the US-Israeli war on Iran, US gas prices have just hit another high, at an average price of $4.18/gallon TRUMP IS CREATING AMERICAN PAIN AT THE PUMP. https://t.co/wGSTFohpvA
Argentina Ranks Fifth Most Miserable in 2025 Misery Index
#ARGWatch🇦🇷: Since 2008, Argentina’s economy has STAYED IN THE TANK. The world’s biggest deadbeat ranks as the FIFTH MOST MISERABLE COUNTRY IN THE WORLD in Hanke’s 2025 Annual Misery Index. https://t.co/IeCxAgBkdB
Bolivia’s Misery Jumps to 28th, Urging Dollarization
In Hanke’s 2025 Annual Misery Index, Bolivia ranks as the 28TH MOST MISERABLE COUNTRY GLOBALLY. Bolivia is 2025’S BIGGEST DETERIORATION, collapsing from 75th most miserable in 2024 to 28th out of 178 countries in 2025. BOLIVIA = DOLLARIZATION OVERDUE. https://t.co/CWv1vi9uVc
US Re-Engagement Sparks Ethiopia‑Eritrea War Concerns
As the US considers re-engaging with Eritrea, Ethiopia may be gearing up for WAR with Eritrea. This is an example of Trump’s fatal attraction to fish in troubled waters https://t.co/deGhfmikc9
Singapore’s Tech Boom Outpaces Hong Kong’s COVID Recovery
Since 2008, Singapore’s economy has SOARED with high-tech manufacturing leading the way. In contrast, Hong Kong’s economy has never recovered from the imposition of its strict COVID lockdowns. https://t.co/iQqPHcJVFT
Israel's War Relies Entirely on U.S. Backing, Says Sachs
Distinguished Columbia Univ. Prof. Jeff Sachs on how TOTALLY DEPENDENT Israel is on the US: "Could Israel continue the war without the US? Not for one day... If Israel is completely a rogue state without the American empire backing it... [it]...
Sachs: Killing Iran's Leader Won’t Stop Nuclear Ambitions
Prof. Jeff Sachs on the propaganda surrounding Iran’s quest for nuclear weapons: "If you wanted to make sure that Iran doesn't have nuclear weapons, you wouldn't kill the leader [Khamenei] that declared they were against [Islam]. That's the first thing [Israel]...
Europe Faces $32 B Extra Energy Costs From US‑Israel War
Since the start of the US-Israeli war on Iran, European countries have been forced to pay $32 BILLION MORE for oil and gas imports, according to the European Commission US-ISRAELI WAR ON IRAN = MASSIVE COLLATERAL DAMAGE. https://t.co/KypyJy56DS
U.S. Seeks Eritrea Ties for Red Sea Strategic Foothold
According to the WSJ, the US is looking to re-engage with Eritrea, a FAILED STATE that borders the Red Sea. This is all about gaining a footprint on the Red Sea shipping routes and the Bab al-Mandeb chokepoint. IT HAS NOTHING TO...
Fertilizer Price Spike Fuels US Farmer Bankruptcies, Calls for Lawsuits
US farmers' bankruptcies are SKYROCKETING. The US-Israeli war on Iran has caused prices of fertilizer to SOAR during the spring planting season. US FARMERS SHOULD SEND A BILL FOR DAMAGES TO TRUMP AND NETANYAHU. https://t.co/nMexGTOEtY
Supreme Court Refunds Blocked; Trump Tariffs Act as Sales Tax
The New York Times reports that American consumers will not receive a dime of Pres. Trump's tariffs refunds, which were ordered by the Supreme Court. TRUMP'S TARIFFS = A SALES TAX ON AMERICAN CONSUMERS. https://t.co/PQicw18r53
Mali Ranks Surprisingly Happy Amid Misery, Security Threatens
Out of 178 countries on Hanke's 2025 Misery Index, Mali ranks as the 26th happiest on Earth. Low bank lending rates, unemployment, inflation, and moderate GDP/ capita growth explain it. But recent al-Qaeda-linked attacks, the largest since 2012, could throw that into...
Iran's Economy Stable, Matching Israel's Growth Pre-War
Contrary to the Western media spinners, who often fail to look at the data, the Iranian economy was not collapsing prior to the US-Israeli war on Iran. Indeed, its growth profile was not too much different than Isreal’s. https://t.co/Sag1AJGrAn
Iran Holds Control of Strait of Hormuz, Despite Trump
Contrary to Pres. Trump's statements, CONTROL of the STRAIT OF HORMUZ is in IRAN'S HANDS and will probably remain so. IRAN REMAINS LOCKED AND LOADED. https://t.co/1t3JKif6Ny
Sachs Warns US Bankrolls Endless Wars, Neglects Domestic Needs
Distinguished Columbia Univ. Prof. Jeff Sachs on the US BANKROLLING of Israel: “This war stretches now from Libya to Iran... and we’re bleeding from it... We can’t afford the wars… and Trump cut the things that Americans actually need.” https://t.co/RKIdwbow0x
War on Iran Squeezes Oil, Singapore Refineries Under Half Capacity
As the US-Israeli war on Iran drags on, crude oil supplies are squeezed, and refineries in Singapore are operating BELOW HALF of their capacity. US-ISRAELI WAR ON IRAN = MASSIVE COLLATERAL DAMAGE. https://t.co/g0FagiJrSv
UN Aid Trucks to Gaza Drop 35 Daily Amid War
Since the start of the US-Israeli war on Iran, the daily average of UN-coordinated trucks carrying aid into Gaza has PLUMMETED from 95 to 60 per day. ISRAEL’S REIGN OF TERROR = INVITES WAR CRIME COMPLAINTS. https://t.co/Gu26lS6juu
Commodity Supercycle Ahead: Stay Long on Lithium, Vanadium
My take on @PalisadesRadio on why you should stay LONG commodities: "We're entering a commodity supercycle. You want to be long everything. I like lithium and vanadium.” Get long or stay long. https://t.co/bn7bzYntkj
Syrian Investors Leverage Trump Brand to Sidestep Sanctions
To unlock deals and have sanctions removed, Syrian investors pitched projects tied to the Trump brand name. CORRUPTION AT ITS FINEST. OLD SYRIAN HABITS DIE HARD. https://t.co/Ig4W0PEfSn
Aluminum Market Hits Point of No Return, 2M‑Ton Deficit
With around 9% of global supply tied to the Gulf, JPMorgan warns the aluminum market is entering a “point of no return". A 2-million-ton world deficit is forming. COMMODITY MARKETS = ENTERING A SUPER CYCLE. https://t.co/WOePJGzW7p
Iranian Rial Gains 8% Amid US‑Israeli Conflict, Media Silent
Since the start of the US-Israeli war on Iran, the Iranian rial has APPRECIATED by 8% vs. the USD. THE WESTERN MEDIA CONTINUES TO NOT REPORT ON THIS IMPORTANT STATISTIC. https://t.co/U7feV9L31L
Hanoi Oil Facility Fire Underscores Endless Chain of Crises
Today, a MASSIVE fire broke out in an oil storage facility in Hanoi, Vietnam. Just more confirmation of Hanke's Schoolboy Theory of History: It's just one damn thing after another. https://t.co/3yDqpn33da
Russia Cuts Rates Despite High Inflation and Excess Money Growth
Last week, Russia’s Central Bank CUT its policy rate by 50 bps to 14.5%. WRONG MOVE. RU’s inflation is at 5.9%/yr, ABOVE its 4% target. RU’s Money Supply (M2) is growing at 11.4%/yr, ABOVE Hanke’s Golden Growth Rate of 8.4%/yr—a rate consistent...