© Compte X @Eric_R_Lombard
Le ministre de l'Économie lors d'une visite dans une usine mi-avril.
En 2025, la France affiche une croissance limitée à 0,1% au premier trimestre, tandis que l'inflation reste élevée. Les ménages, entreprises et finances publiques subissent les effets d'un contexte économique et politique incertain.
By Charles Hugh Smith
OfTwoMinds.com
May 1, 2025
Until values, priorities and incentives change, "the lifestyle you ordered is currently out of stock and on back order, with no estimate of a future delivery date."
The ultimate winners and losers in reshoring supply chains to North America have yet to be determined, and may change depending on the time frame. In the short-term, there are ample reasons to reckon consumers will be the losers as shortages and price-gouging ("it's the tariffs" will be the excuse given for profiteering) take their toll.
By James Bovard
Brownstone Institute
May 1, 2025
Treasury Secretary Scott Bessent complained last week that the World Bank and the International Monetary Fund are suffering from "mission creep." But Bessent announced that Trump will be "doubling down" on supporting the largest foreign aid gushers on earth. "Far from stepping back, 'America First' seeks to expand U.S. leadership in international institutions like the I.M.F.
SchiffGold.com
May 1, 2025
On Sunday night, Peter returned to the mic to analyze a volatile week on Wall Street. He unpacks the market's recent surge, the political pressures buffeting the Federal Reserve, and the deeper consequences of unsound economic policy. From the opaque motives driving central bankers to the misleading optimism embedded in public statements about tariffs and trade, Peter reveals why investors should remain cautious, not complacent.
By David Stockman
David Stockman's Contra Corner
April 30, 2025
Donald Trump's War on America's $5.4 trillion of two-way trade with the rest of the planet is surely one of the most senseless acts of state aggression in modern times, if ever. That's because its predicate-that America's giant, unsustainable trade deficits are owing to unfair trade-is dead wrong.
And we do mean wrong-as in completely, unequivocally and with no if, ands or buts.
By Charles Hugh Smith
OfTwoMinds.com
April 29, 2025
There are always statistical games that can be played to mask the realities of our neofeudal economy and society. But "narrative control" can't obscure the facts or the banquet of consequences that these realities have set.
Not everyone in America gained ground as a result of the rampant hyper-financialization and hyper-globalization of the 21st century.
By Charles Hugh Smith
OfTwoMinds.com
April 26, 2025
So where are corporate profits going to come from as globalization, price-gouging, planned obsolescence, shrinkflation and immiseration run out of rope?
We all know there's a time lag between the moment Wile E. Coyote runs off the cliff at full speed and the moment he realizes there's nothing but thin air beneath his feet. His expression in the second before he begins his descent communicates surprise, fear and a woeful awareness of impending impact with unforgiving ground.