Economy
May, 2026
Bezos-owned Washington Post faces backlash after economist behind California’s $100 billion wealth tax calls editorial ‘misinformation’
Welcome to the F economy
The Illusion of Abundance: Why the 65-Day Closure of the Strait of Hormuz Hasn’t Broken the World—Yet. The global economy is blindly burning through its emergency stockpiles to mask an 8-million-barrel deficit. In 60 days, the buffer will collapse—and the era of $180 oil will begin.
Americans owe $1.68 trillion on car loans — more than credit card debt and as much as all federal student loans