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America Keeps Threatening the Lenders It Can’t Afford to Lose
America Keeps Threatening the Lenders It Can’t Afford to Lose

Late last week, Congress and the White House established a new law authorizing the President to impose tariffs of up to 100% on any country that ranks among the five biggest buyers of Russian oil or gas. This law had broad, bi-partisan support and passed by a whopping 86-11 margin

China Needs a Time Machine. America Just Needs a Pen.
China Needs a Time Machine. America Just Needs a Pen.

Song Jian was very good at math. He was one of China’s top missile scientists, and his specialty was the equations that steer a rocket to its target. In 1978 Song traveled to Helsinki for an engineering conference, where he came across researchers applying the same kind of math to

Sometimes This Time Really Is Different
Sometimes This Time Really Is Different

Some time in the middle of the second century AD, on the shores of the extremely picturesque Lake Iznik in modern-day Turkey at the site of the ancient city of Nicaea, a boy named Cassius Dio was born into a locally prominent family. His father was a Roman politician, his

Some People Just Want to Go to a Concert
Some People Just Want to Go to a Concert

Ed Sheeran played his hit song “I Don’t Care” on his recent tour stop at MetLife Stadium in New Jersey. By the time he sang it, the crowd had already been told that not caring wasn’t an option. His opening act was the rapper Macklemore, who used his set to

Doing the math: interest expense is going to $2 trillion annually
Doing the math: interest expense is going to $2 trillion annually

It was January 2000. AOL had just announced it was buying Time Warner in what was then the biggest merger in history. Fourteen dot-com companies had bought Super Bowl ads, one of them starring a sock puppet that sold dog food. The US economy was growing at one of its

They Called Refining a Dying Business. Diesel Just Hit $6.
They Called Refining a Dying Business. Diesel Just Hit $6.

On Sunday afternoon, the power went out at ExxonMobil’s refinery in Channahon, Illinois, a southwest suburb of Chicago. Oil refineries run at tremendous heat and pressure, so whenever the power goes out, all that heat and pressure has to go somewhere. It’s basic physics. Hence why the plant burned it

“Grow Our Way Out of Debt” Is Code for Inflation
“Grow Our Way Out of Debt” Is Code for Inflation

Last week, Treasury Secretary Scott Bessent sat down for a fireside chat at Southern Methodist University in Dallas and told the room what the plan is for the national debt. “We don’t have a revenue problem,” he said. “We have a spending problem.” Contain the spending, add 3% growth, and

25 years later— a reminder that the world can change in an instant
25 years later— a reminder that the world can change in an instant

At a time in my life which now seems centuries ago, I was once a young lieutenant, barely a year out of West Point, and I had recently been assigned to lead an electronic warfare platoon. Whenever my unit wasn’t deployed or in the field, most of my duty days

Here’s an obvious example of a critical resource shortage
Here’s an obvious example of a critical resource shortage

In July, the Canadian uranium miner Cameco stopped producing at its mine in northern Saskatchewan (known as ‘Cigar Lake’) for two weeks. Cigar Lake itself was fine, nothing was wrong with the mine. The problem was their sulfuric acid plant— a crucial ingredient in processing uranium ore— broke down. Normally

“Chuck the Debt in the Fire” Is officially a real solution
“Chuck the Debt in the Fire” Is officially a real solution

It’s so simple, how could no one have thought of this before? The man currently polling in second place to become the next President of France has put forward an ingenious solution to tackling France’s national debt, currently standing at around 117% of the country’s GDP. Jean-Luc Mélenchon says, “All

Sweden’s Rich Aren’t Waiting for the Election Results
Sweden’s Rich Aren’t Waiting for the Election Results

Sweden’s far left political faction is heading into its election next week promising to roll out a destructive idea that already failed once before in their country. The Left Party (the former communists) wants a wealth tax on billionaires… it’s Bernie Sanders’ dream come true. They’ve also floated a new

Mamdani’s new fake socialist… and Europe ‘finds’ 10 trillion euros!
Mamdani’s new fake socialist… and Europe ‘finds’ 10 trillion euros!

It’s been another busy week for the Inspired Idiots. Here are a few of the most absurd stories from the last several days in case you missed them. New York’s top socialist has a fake union card and a townhouse from Dad Gustavo Gordillo tells a great story. He’s the

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