Notes to reader: If the United States were still largely dependent on foreign sources for energy like it was up until the GFC, it is most likely that the US dollar’s role in global trade would have diminished much more quickly over the past 15 years. In my view, the term petrodollar is antiquated.
The use of other currencies for global trade is still largely curtailed, because countries like China and those in the European Union are loath to run the necessary trade deficits that would supply the world with their currencies. I often refer my readers to the phenomena underpinning the Triffin paradox in this regard.
The United States is in a unique and unprecedented position in geoeconomics.
First, it runs the necessary trade deficits to keep supplying the world with the necessary dollars to facilitate trade. The world is still eager to receive them, despite cries to the contrary.
Second, it has never been militarily defeated in a major war, nor has it ever been invaded in any meaningful way.
Third, by being by far the largest oil and gas producer in the world, there is an ironic demand for dollars, because of the amount of oil and gas the United States now produces. I think of it as being the petrodollar phenomenon, but in reverse.
Contrary to popular opinion in the alternative media, Trump’s MAGA trade policies and global military ambitions have not greatly facilitated any meaningful shift in the use of alternative currencies for global trade.
The factors that support the US dollar for global trade and international banking transcend any short-term political actions.
Trump’s ostensibly bellicose international policies may have only exposed the shortcomings of the current dollar based international order. Indeed, under the current set of international macroeconomic circumstances, there is no viable alternative for the US dollar, let alone any coherent consensus on how to go about replacing it.
In my opinion, there are only two scenarios that would greatly accelerate the demise of the US dollar based international order;
First, if the oil and gas output of the United States drops to pre GFC levels this would require the United States to resume purchasing foreign sources of energy in ever greater quantities. This would place a strain on the current international dollar order as the amount of dollars in circulation worldwide would have to increase tremendously to compensate.
Second; if the United States suffers a humiliating military defeat on its own soil or a defeat that places its existential existence in doubt, its global standing would be greatly diminished.
We need to keep in mind that the United States is the only major military power that has never suffered any of these types of setbacks. All dollars ever printed since the formation of the Republic are still technically legal tender, because it never has repudiated any of its sovereign debt. Russia and China certainly could never make these claims and the likelihood of them doing so again is much greater.
Yes, despite what the economic novices in the alternative media may claim, I’m just keeping my level-headed perspective.
Dollar doomsayers can relax: Iran’s ‘petroyuan’ gambit won’t topple the greenback
Even amid the torrent of disquieting news from the Middle East in recent weeks, an Iranian suggestion that it might start offering safe passage to oil tankers that paid in Chinese yuan, instead of the U.S. dollar, raised eyebrows.
Sourced to an anonymous Iranian official, the threat sparked a spate of warnings that Tehran might use its control of the Strait of Hormuz not to just threaten the world’s access to petroleum, but also upend the dollar-based international monetary system. By striking a blow against the petrodollar, Iran could initiate the unraveling of the dollar’s dominance, itself a linchpin of U.S. power—or so the argument goes. Those citing such ominous scenarios envisioned other possible dangers, including the debilitation of America’s security guarantees to Saudi Arabia and other Gulf oil exporters.
“The conflict could be remembered as a key catalyst for erosion in petrodollar dominance, and the beginnings of the petroyuan,” with potentially “significant downstream effects to…the dollar’s role as the world’s reserve currency,” Deutsche Bank analysts warned in a report last week.
The war’s consequences will doubtless be serious—but not for the dollar. The U.S. currency’s success rests on robust foundations, and Iran’s petroyuan gambit looks to be just the latest of many episodes in which alarmism over the dollar’s primacy has proven misplaced. Even if the petrodollar system weakens, it would matter little: As massive as world oil markets are, the reasons for dollar dominance lie elsewhere.
The greenback’s status stems from two features that no other currency can match. First is the depth, breadth, and liquidity of U.S. financial markets, in particular the market for Treasury bills and bonds, which can be bought and sold in enormous volumes without causing significant movements in price. This attribute is crucial in a financial crunch, when firms are scrambling to ensure that they can obtain the cash needed to meet obligations coming due.
The second feature is America’s open capital account—that is, the freedom to move money across U.S. borders virtually unimpeded. Many countries have open capital accounts but, importantly, China doesn’t. And no country, even open ones, has the U.S. market’s depth and breadth.
Having defied obituary writers on numerous occasions, the dollar continues to play a role in international transactions far out of proportion to the U.S. economy’s size. It accounts for well over half of foreign currency reserves held by central banks, and a similar share of export invoices for cross-border trade, as well as international bank loans and bond issuance. Network effects entrench its status; everybody has an incentive to use the dollar because so many others do.
Nowhere is the extent of the dollar’s entrenchment more evident than in the working of the little-known but gigantic market for foreign exchange swaps. In this market, global firms—multinational corporations, banks, insurance companies, securities dealers, and pension funds—shield themselves against currency fluctuations. According to the Bank for International Settlements (BIS), the amount of outstanding swaps currently stands above $100 trillion, with some 90% involving the dollar. (Far lower percentages involve the euro, Japanese yen, and other currencies.) This reflects the myriad ways in which the greenback is used for lending, borrowing, and investing.
So why are so many people obsessed with the petrodollar? It mostly comes down to a narrative that is only loosely grounded in facts. As the story goes, in the mid-1970s, the U.S. struck a bargain with Saudi Arabia, offering military aid and protection to the ruling House of Saud, in exchange for a Saudi promise to only accept dollars for oil and invest the proceeds in U.S. Treasuries. That set a precedent for other oil exporters to follow.
Those on the ground at the time remember things differently. One of the few foreigners allowed to live in the desert kingdom then was David Mulford, a young investment banker hired in 1975 by the Saudi Arabian Monetary Agency (SAMA), the nation’s central bank, as an adviser. In his 2014 memoir, he recalled how a team of six professionals struggled in SAMA’s dilapidated headquarters to manage “a portfolio growing at $5 and later $10 billion every thirty days,” relying on a single, sluggish telex machine for communicating with the outside world.
It turns out that oil was already predominantly priced in dollars and, as Mulford explained, Saudi Arabia had little choice but to plow its revenue into dollar-denominated assets. According to Mulford, who later became a U.S. Treasury undersecretary and ambassador to India, “In most markets outside the U.S. in those days a currency trade of just $10 million was enough to move markets, so there were practical limitations on the amount of currency diversification that we could achieve.” Furthermore, “purchases of German [bonds], or Japanese yen bonds, or Dutch guilder bonds, or Swiss franc notes were just not possible in the sizes common in the U.S. market.”
In other words, it was the American market’s unique depth, breadth, and liquidity—and not some secret deal—that led the Saudis to choose the dollar.
Petrodollars were a major reason why the greenback internationalized in the 1970s and the decades thereafter, as much of the income received by oil exporters was deposited in dollar accounts at banks around the world, primarily in Europe. But they are a much less significant factor in the global dollar market today.
While 44% of earnings from oil sales were deposited in offshore dollar bank accounts during the 1970s, that figure shrank to 27% by the early 2000s, noted Jess Hoversen, chief economist at Column, a San Francisco financial services firm, citing research from the IMF. The percentage is now in single digits, she estimates, as oil exporters’ earnings today are directed toward domestic development and sovereign wealth funds, which in turn are invested heavily in international stock markets and startups.
But the dollar market has surged even as the petrodollar took a step back. Hoversen pointed out that the offshore dollar credit market stood at $2.5 trillion in 2000, and hit $14.2 trillion by last year. “This tells us that the dollar is very structurally resilient,” she writes.
The debate about dollar dominance will continue to rage, as the Trump administration shakes investor confidence with actions like attacking the independence of the Federal Reserve. But barring much more serious self-inflicted wounds, the dollar will keep its place at the top of the currency league table for the foreseeable future—even if Iran demands oil payments in yuan.
The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.
Intel’s TeraFab Win A Major Credibility Boost For Foundry Arm: Analyst
04/08/26 8:45 AM
Intel Corp. (NASDAQ:INTC), Tesla Inc. (NASDAQ:TSLA), xAI, and SpaceX finalized a landmark TeraFab partnership on Tuesday, positioning Intel as a core technology and manufacturing partner to scale next-generation AI and semiconductor production.
Intel Secures Foundry Validation And Expansion
Intel strengthens its foundry credibility by supplying technology, IP, and manufacturing expertise to power TeraFab, Neil Shah, a Counterpoint Research analyst, said on Wednesday.
The deal supports its strategy to run large-scale fabs, attract marquee customers, expand into AI, robotics, and space-related verticals, and create new co-innovation opportunities, while boosting investor confidence, according to the analyst.
CEO Lip-Bu Tan said, “Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics.”
Intel also said it hosted Elon Musk at the company over the weekend, suggesting closer coordination between the chipmaker and Musk’s technology ventures.
Tesla, xAI, SpaceX Deepen Integration And Diversify Supply
For Tesla, xAI, and SpaceX, the partnership reduces dependence on external suppliers such as Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) and Samsung Electronics Co. Ltd. (OTC:SSNLF), while enhancing control over chip design and production, Shah noted.
The partnership gives them greater control over the supply chain—from sourcing to manufacturing—while enabling co-innovation and scaling compute infrastructure, he said.
Scale Benefits Come With Capital Demands
The collaboration also unlocks unprecedented scale for semiconductor output and AI compute while aligning with domestic manufacturing priorities.
At the same time, it introduces significant capital requirements, with Intel’s capabilities helping support execution of the large-scale buildout, Shah added.
Price Action: Tesla shares rose 4.75% to $363.11, while Intel gained 4.74% to $55.42 in premarket trading Wednesday, according to Benzinga Pro data.
Write to Benzinga at editorial@benzinga.com
Overnight WTI crude futures drop 16% as Trump announces a two week cease fire.
Now down $20
Markets determined by short term traders, ready to pull the trigger at a moments notice.
Last minute changarooski…..Told ya!
Call me pessimistic, because the frauds in the sand box will sabotage the cease-fire within days!
Gold is the new risk-on asset.
Don’t forget Silver!
Oh, and by the way! Tanker Passage Through Hormuz Halted As Iran Accuses Israel Of ‘Ceasefire Breach’; Direct Talks Planned For Pakistan Friday
Imagine my shock!
April sucks. My bills suck. My CPA charges me about $5,000 alone.
Legalized theft! “A fine is a tax for doing something wrong. A tax is a fine for doing something right.”
That’s how much my CPA charges.
Wr are paying in that neighborhood too. We are doing most of the work as well, I bet you are too.
Stone, I hear you about April being a sucky month. You are being generous to your CPA paying $5,000. I am a CPA myself. I would never choose that line of work again if I were to choose careers again. There is a lot of stress and not much money in this line of work. There is also a lot of liability in this work.
For us CPAs the months between January and April are long days of very little sleep. It is a physical and mental challenge.
The tax code is getting more complicated each year and much more difficult to keep up with. Many of the tax laws are temporary as they are here today and gone tomorrow. There are so many minefields now where it is easy to forget things and it blows up in the clients face and of course the CPAs face. There is a lot more of a crunch in April as 1099s come later each year and clients come later each year.
There are periods when the IRS cracks down on taxpayers which adds burdens to our work. Once the Democrats get back control they will use the IRS as a weapon to go after anybody who owns assets.
Many of the tax laws do currently favor landlords and business owners as they have many more write offs. Wage earners have very little flexibility to lower their taxes.
In addition, most clients don’t want to pay the fees commensurate with the work required to accurately complete the tax returns. Many CPAs do the work fast and in quantity to make up the money. This is a line of work that devolves into quantity over quality.
Not many new people are entering this line of work . Most CPA firms treat their employees like crap and there is a high turnover of employees.
He’s been charging me for those tax exchanges, too.
AI will replace a lot of this over the next 10-15 years.
US Treasuries are the new risk on asset.
Trump lost most of his credibility yesterday evening by backing down and agreeing to this at best tenuous peace deal. This is the biggest TACO I have seen yet.
A big possible reason for this is that the USA and Israel may be at the losing end of this thing that is a lot more than were told about and/or Trump is a real sucker of the likes of Lyndon Johnson during the Vietnam war.
Lyndon Johnson always agreed to cease fires with the North Vietnamese which gave them more time to rebuild, acquire more weapons, and come out stronger when the ceasefire ends. This is very bad judgment on Trump’s part unless we are at the losing end.
In addition, the ceasefire has already been violated as Iran fired missiles at Kuwait, Saudi Arabia and Bahrain. Iran is charging tolls at the Strait of Hormuz and still blocking ships.
I think Trump lost all his credibility last night when he backed down from walking the talk. Nobody is going to believe him now. I guess no WWIII for now.
I would be long CORN futures.
I would also be SHORT on Trump these days. I think the Iranian revolutionary guards are celebrating since Tuesday evening.
Don’t get too comfortable! The imposters in the sand will draw Trump in with a nice “terrorist” attack! Remember Pearl Harbor?
You got that right!
Im glad he backed down. I’m hoping that he’s just taco as usual. He’s an antichrist spirited Judas demagogue doing the will of Rothschild to destroy the Manasseh founded nation. That’s why he took his oath without the Bible. At least with the Soro backed Mamdani, he took his antichrist oath the Koran
One point to consider; the war assets have not left the middle east yet. This fragile pause is just that. The storm is still coming!
Whenever they say peace there will be war. Remember Neville Chamberlain’s “Peace in our time” when he caved in to Hitler taking over Czechoslovakia.
WTI benchmarks are already ahead of the curve.
Regarding Czech situation and Germany; it has to be remembered that the Sudetenland was a major German speaking area naturally populated by Germans. Czechoslovakia was a new country created by the Western powers after the Austria-Hungary termination after WW1.
Hitler is one of the most misunderstood individuals in history, thanks to the edomites!
Headline number looks scary, but the rest looks pretty good.
Durable Goods Orders (MoM) (Feb)
Act: -1.4% Cons: -1.1% Prev: -0.5%
Core Durable Goods Orders (MoM) (Feb)
Act: 0.8% Cons: 0.5% Prev: 0.3%
Durables Excluding Defense (MoM) (Feb)
Act: -1.2% Prev: 0.2%
Goods Orders Non Defense Ex Air (MoM) (Feb)
Act: 0.6% Prev: -0.4%
The so called cease fire is barely alive at this point. Just a matter of time before the edomites resume the war on Iran. Maybe now we will find out who’s really in charge of the USA!
If the timeline of what this blog proclaims is anything near accurate, the nation state of Israel will sabotage any peace deal. The war will widen and Trump will continue helping Communism to flourish in the United States and the West.
I get emails from people in the Commonwealth nations saying how they hate Trump. I get it. But they promote the pro-Putin line and fail to see how Trump is the manufactured leftist’s best friend.
Trump will rot in hell for what he has done to the United States. He’s not stupid, he’s a Judas demagogue whose time is up. He’s washed up and his own supporters can’t stand him. His cabinet members are leaving and don’t want to be attached to him.
He’s a fat piece of shit and his loans have been paid by Rothschild.
After Trump blows up this country and its economy it turns it into a Marxist Paradise, he and his cabinet can take down Christianity as well.
Hegseth comparison of rescued pilot and resurrected Christ bewilders: ‘Having a stroke?’
Raw Story
Secretary of Defense Pete Hegseth went for a peculiar comparison at Monday’s press conference on the rescue of downed pilots in Iran, comparing the operation to bring them home to the resurrection of Jesus Christ.
“Shot down on Good Friday, hidden in a cave, a crevice all of Saturday and rescued on Sunday,” said Hegseth. “Flown out of Iran as the sun was rising on Easter Sunday, a pilot reborn all home and accounted for, a nation rejoicing.” He then proclaimed that, “God is good.”
The clear comparison to the Easter story of Christ’s resurrection drew swift criticism from commenters on social media.
“Is Hegseth comparing the downed pilot’s crash and rescue to Jesus’s death and resurrection? Am I having a stroke?” wrote USA TODAY columnist Rex Huppke.
“Oh noooo,” wrote Allison Gill of “Mueller, She Wrote.” “Hegseth is comparing the airman to Jesus because he was shot down on Good Friday, hid in a cave on Saturday, and was pulled into the sky on Easter Sunday. Uggghhhhhhh.”
“OMG! Pete Hegseth is unbelievable!” wrote radio host Rick McCain.” He’s going to try to compare the Resurrection of Jesus Christ to a rescued airman. How hypocritical. The man knows no shame!”
Rep. Seth Moulton (D-MA), a Marine combat veteran, had a different criticism of the whole affair.
“Trump’s Defense Secretary, CIA Director, and top general are at the podium praising Trump like he flew the mission himself,” wrote Moulton. “He simply rubber-stamped the rescue that should have never needed to happen in the first place. The bravery and admiration belongs to the troops and pilots who volunteered, flew into the line of fire, and brought each other home. Trump got them into this mess. That’s his legacy here.”
This comes just a few days after Trump’s spiritual adviser compared him publicly to Jesus, triggering a similar wave of backlash.
Raw Story
These people are deranged!
So, I look at the moon this pre dawn morning and I see a waning moon about the size of a quarter from my perspective and I then see a picture of the same moon from the pagan named “craft” which is allegedly half way their and the moon is only the size if a period!
Well, to bad Stanley Kubrick, the edomite, is dead or we could ask him about this!
$24B doesn’t buy what it used to.
I had a little time on my hands so I am watching the livestream of the lunar pass (visuals only, sound off). NASAs presenter today is Dr. Leah Cheshire Mustachio.
I’m sure its as good as a “movie”!
lock the door and throw away the key. see you on the dark side of the moon.
As Pink Floyd said, there is no dark side of the moon! A little Jay and the Americans in there also!
Imagine one of our founding fathers sounding like this.
Reprobate!
100% sign of political theater! The Joe six pack arm chair generals are going crazy with battle speculations. Meanwhile back in Iran, just like Ukraine, walking dogs, drinking coffees, fun nights out at the bars, no worries, business as usual.
Power plant and bridge were already scheduled to be demolished. All paid for by the USA citizens. And not one person of authority is exposing or doing anything about it.
Could be, but all Trump will do is destroy the conservative side and allow the Communists to sweep here in the states. The rest of the world will hate the United States. I can’t think of a better reason to have bombs dropped on DC then the excuse Trump is providing the rest of the world. Half the United States would like to see that, rather than Trump stay in office.
Could be kayfabe, but the outcomes will be real.
The book of Revelation does not imply these wars are fake or theater. Neither is the death toll coming from war or famine, which could start late this year if fertilizer remains chocked at the Strait!
Greg wants to believe, because it’s too difficult to contemplate. He’s much younger and he has nothing to look forward to if what we say is anything close to reality. I think I’d be the same way.
Yes, I get it. Its a matter of perspective.
Looks like the war on Iran could rapidly escalate Tuesday evening! I was thinking it might hit the fan this last weekend so we will see. One nod to Greg is the combatants are following their scripts well except in this theater, its real!
Take a look at what TDS has done to virginia. The Democrats have swept everything and have already passed draconian gun ban laws. We now have illegal aliens killing white people here in Fairfax County and they’re being released or having minimum sentences.
Virginia is about to pass a complete redistricting that will make Virginia a completely Democrat state forever. This was all done just this year.
This is why I tell my readers to stop caring about those who hate them, especially non-congruent and non caucasian.
Is it theater? Trump was a liberal Democrat during his days in New York City during the ’80s and ’90s. I can’t think of a better friend for the Communists than Trump.
The Edomite Jews love Donald Trump, because he has single-handedly been the best Marxist Ally the world has ever seen. He puts Lenin to shame. Trump has completely dismantled the conservative side of the equation in just a matter of a few months. It’s been done that fast.
True enough! The last step for Trump is to start matching Stalin’s death count! It’s coming!
I agree with Stone on his comments about Trump. Trump is the communists best friend as he has destroyed any goodwill the Republican party has. He is definitely a Judas goat leading the conservative patriots to slaughter.
From a letter Abigail Adams wrote to her husband, John Adams, on June 18, 1775, in the immediate aftermath of the Battle of Bunker Hill.
In the letter, she wrote:
“The race is not to the swift, nor the battle to the strong, but the God of Israel is he that giveth strength and power unto his people. Trust in him at all times, ye people pour out your hearts before him. God is a refuge for us.” —Abigail Adams
Stay away from all who demoralize you and tell you that the founding fathers were a bunch of devil worshippers.
The time of the final revival is now. We cannot change the outcome here. It’s way too late for change and the deceptions are too broad and vast.
May the strength be for you and me in these last days. It is my ultimate desire that YHVH, the God of Israel, protect and guide us all who stumble upon this website with interest and a desire to learn.
A great shaking is coming soon.
2 Chronicles 20:12
Ammonites were mongrel incestuous animals. Just like the animals over breeding in this country today. Also in Canada and the rest of the Commonwealth. They come to overwhelm and take a spoil. Trump is no Jehoshaphat.
The thing is these people didn’t disappear when Jesus was nailed to a cross. They’re here somewhere today on this planet.
They’re in small town USA too, anywhere there’s big money you’ll step in them. And the ones with extended lifespans, they have to be around somewhere. If certain people lived to 300 plus years of age back in the day then their offspring could do it now.
Thank you.
National restoration starts with eliminating the mixed multitudes.
This is a podcast from this morning with Sam Cooper (Canadian Journalist) and Ron Butler (Mortgage Professional). They have both been cancelled, faced litigation and threats from both Media and Gov’t. They discuss the Chinese diaspora and their role in exposing it as well as their money laundering schemes via drugs, gambling and RE. Greg had mentioned that nobody speaks up, these guys did and tell what happens. They will continue to expose (not just Canada, US same dynamic as they mention).
https://youtu.be/o0jDc_hQ8f0?si=ZzSih7QTOFQfJh4E
Note: They only discuss one aspect, and I surmise that they are both sort of invested in making sure our current system stays intact. It is just evidence of the diaspora and method and I found it interesting nonetheless.
I have been noticing a strange phenomenon in the residential real estate sector. Anecdotally speaking, I’m noticing how investors are buying houses and townhomes and not doing much with them. It’s as if they are taking the money out of the bank and buying a CD collateralized by real estate. Sometimes they remain vacant. I’m sure this is always going on but I’m noticing more of it lately. Should have renters versus landlord investors.
There is a Newsweek story from June 20, titled Is Donald Trump Considering Tactical Nukes Against Iran? What We Know
Since nothing is off the table, it seems possible. Last minute talks may be going. We might find out in about three hours. I’m reminded that a general was forced into retirement last week. Maybe he thought a nuke was going to far.
Interesting. I can tell there in Canada by the hockey bags of cash references! These Asians, Indians, etc are sure creative on making dirty money clean and of course casino’s benefit also. I give credit to any one who will shed light on the scum of this world.
I don’t pray for this country. That is no more. I pray expressly for my people. My people. I pray for the fall of Babylon. I pray for a land that only have my people.
Our heritage was so great. The likes of Donald Trump and the Jewish bankers will burn in the pit.
A great revival is coming. It will be spontaneous and fast. Babylon will finally fall. Our people will be restored. Jesus will clean house. No more religions organizations and certified churches.
Right! These people were well read and could quote scriptures to make a point. Its the way they thought. What a shame that the average person no longer reads. Today we have biblical illiterates that are easily manipulated!
This is “the worst oil crisis in history”, says Goldman Sachs
US investment bank Goldman Sachs says we are facing the “worst oil crisis in history” as a result of the shut down of Gulf state hydrocarbon exports.
A Goldman Sachs report represents an upgrade in the severity of the crisis the world is now facing. As IntelliNews reported, the conflict quickly metastasised from a disruption to destruction after a week. Goldman Sachs is now calling it a “crisis”, whereas two weeks ago the International Energy Agency (IEA) labelled this the “largest energy supply disruption in history”.
A global oil supply crunch is approaching as inventories decline and shipments coming out of the Persian Gulf have dwindled to a trickle. Prices of all commodities in the supply chain have already risen, but the US bank warned that problems will intensify in the coming months.
A briefing note cited by analysts at JPMorgan Chase (JPM) also described the situation as a “ticking time bomb”, warning that “physical scarcity of oil is about to unfold across the globe, spreading sequentially through April from east to west”. The disruption is already being felt in Asia and is expected to reach Europe and the US in the coming weeks as tanker arrivals slow.
Article continues;
https://www.intellinews.com/this-is-the-worst-oil-crisis-in-history-says-goldman-sachs-435577/
WTI currently trading at a small premium to Brent for the first time in a while. USA oil making good money. Diesel selling for up to $8.00 gal in CA.
White House asks for record-breaking $1.5 trillion for defense in 2027 budget request
ABC NEWS
The White House, in their budget request for the 2027 fiscal year, is asking Congress to approve roughly $1.5 trillion for defense — a record-breaking military spending request as the U.S. remains in its fifth week of war with Iran.
That is a $445 billion, or a 42% increase from the 2026 total level, according to the White House. Non-defense spending is reduced by $73 billion, or 10%, according to the budget released by the White House on Friday.
Wait till the states hear this part! It’s not possible for us to take care of day care, Medicaid, Medicare – all these individual things,” he said. “They can do it on a state basis. You can’t do it on a federal. Trump said.
Trump needs plenty for ongoing war not to mention Cuba and Greenland! Although, he maybe thinking about the savings when he pulls us out of NATO!
As Ozzie said, the war motion keeps turning…
More enlightenment on the edomites:
Edomite influence on pharisees
The Edomites, also known as Idumeans, played a significant role in the formation of the Pharisees and Sadducees. Their integration into Judean society during the Hasmonean period led to the Edomites adopting the identity of Israel, which had profound religious, political, and theological consequences. The Edomites were forced to circumcise their genitals and adopt the laws of the Jews, leading to their complete social, religious, and legal integration into Judean life. This process was documented by Josephus in the Antiquities of the Jews, indicating a complete assimilation into Jewish identity. The Edomites’ influence extended to the Great Sanhedrin, where they were politically aligned with Herod and believed he was the Messiah. Their mixed ancestry with the Jews and adoption of their customs solidified their position in the religious and political spheres of Judea.
Well there ya go, we knew that was coming. They needed some sort of conflict to push that through. Will of those elected officials question that there really isn’t a war, the American people are tired of being lied to, and just vote Nay. Maybe use the money for good causes?
Like at the local city council meeting when they are deciding to spend tax dollars on a new mini mart and parking lot improvements. Since property taxes have doubled in the last 5 years, how about we give a percentage of the taxes back to the residents? “your time limit is up thank you for your comment, next speaker please”
People are waking up to the fact they do not have a Country and at the end of the day have no say so over the big money titles. Possibly why all the middle level people go along with all the charades, they know have fast one’s life can be ruined, if they rock the boat too much.
The military industrial complex will have their way! The elected officials are bought and paid for. Just look at the lobbyists that the country of frauds in the middle east operates. The American people were had long ago! They are to distracted by their screen’s to care or notice. Sadly, there a bunch of dumb sheep without a Shepard!
Once the United States falls, the tribulation can and will begin. Manasseh was that great nation in the last days. The niggers and other non-congruent mongrels weren’t happy, so they work to destroy the established order. They were trained from when they were babies to hate you and thirst for a new world order.
They believe the lie of social justice and religious communism from within the pulpits and priesthood. They vote communist and they vote to take away your gun rights. They guilt and shame you into going along with it.
They vote against everything that you held dear. However, they don’t tell it to your face. Try renting to these people and you’ll see the truth about them. However, despite their IQs, which are most usually a lot lower, they are just the tool of the edomites who use them to cudgel the Caucasians into submission.
These mongrels and mixed breeds have always voted for dictatorships. Look from whence they come and you will see what they seek here in the states. They are driven more by their hatred of you, if you are European Caucasian. They seek a socialist dictatorship and one in which the white people are stripped of their assets. Once the Caucasians are taken out, the tribulation can formally begin.
Take my word for it you judeo-christians, non-caucasian people hate you. YHVH will curse you and damn you for supporting those who hate you and who are the enemy. You’ll understand at the throne that a racist like me was correct all along.
But in order for all this to happen, the Caucasians must turn inward, become self-indulgent and self-absorbed, and learn to hate themselves. They must be trained from a young age by the communist doctrine to hate their ancestors and all that they brought to the world. The job is now complete.
And then the young folk wonder why the world is so complicated and it’s so impossible to make money and get ahead in life.
I don’t care anymore about these reprobates as long as they pay their rent on time.
Deuteronomy 7: 6-8 6 For thou art an holy people unto the YHVH thy God: the YHVH thy God hath chosen thee to be a special people unto himself, above all people that are upon the face of the earth.
The YHVH did not set his love upon you, nor choose you, because ye were more in number than any people; for ye were the fewest of all people:
But because the YHVH loved you, and because he would keep the oath which he had sworn unto your fathers, hath the YHVH brought you out with a mighty hand, and redeemed you out of the house of bondmen, from the hand of Pharaoh king of Egypt.
So be it. None of this was ever hung on a tree. Only the Edomites who founded the Christian religion through the universal church said so. YHVH abhors religion.
They were the Pharisees also! Mark 8:15 And he charged them, saying, Take heed, beware of the leaven of the Pharisees, and of the leaven of Herod.
Read the scriptures and we are warned repeatedly about this edomite, if you have eyes to see!
Here’s a good summation of Passover.
Writing to the Corinthian church in what became 1 Corinthians 5:7, Paul announced, “Christ our Passover is sacrificed for us.” Not “Christ is like the Passover” or “Christ fulfills the Passover in a spiritual sense worth pondering.” The sacrificed Passover lamb is Christ. The blood on the doorposts is Christ’s blood. The angel of death that passed over the blood-marked houses is the wrath of God passing over those sheltered by Christ’s atonement. The typology is not a loose metaphor that later Christians invented to make connections feel neat. It is the main point of redemptive history. The Passover was designed to be a shadow, and the substance it shadowed was the cross.
We need to understand the layout and framework of the written word. It’s also a matter of eschatological analysis as well. YHVH in the flesh is his kinsman redeemer. This means that he redeems his people and this means that his particular people are here on this planet inhabiting certain areas of the globe.
This is entirely different than salvation. But the religious communists have conflated both with one another and this is all part of the great deception in the final days, the days subsequent to the resurrection of our savior.
But today’s intentionally ignorant prophets don’t understand the difference and that’s why they continue to make fallacious arguments and conclusions.
This is all according to prophecy, that the prophets and teachers would be stupid in the final days.
What I find so interesting is how today’s prophets don’t even understand it where Jacob’s people are today and are actually railing for the destruction of the nations founded by Jacob’s people. They support Jacob’s enemies, whether they be edomites or Japheth.
Redeem his people (Genesis 2 man), save those who believe.
The profane Christian doesn’t know the difference. They’re religious communists.
No stock trading today. Pagan worship day. Evidently, according to today’s Christians, Jesus was crucified on a Friday.
The employment report this morning looks pretty good to me. Much better numbers than expected. The young and profane are worried about their jobs, but I don’t care. As long as the reprobates pay their rent I’m happy.
Private Nonfarm Payrolls (Mar)
Act: 186K Cons: 70K Prev: -129K
Nonfarm Payrolls (Mar)
Act: 178K Cons: 65K Prev: -133K
Average Hourly Earnings (MoM) (Mar)
Act: 0.2% Cons: 0.3% Prev: 0.4%
Average Hourly Earnings (YoY) (YoY) (Mar)
Act: 3.5% Cons: 3.7% Prev: 3.8%
Average Weekly Hours (Mar)
Act: 34.2 Cons: 34.3 Prev: 34.3
Government Payrolls (Mar)
Act: -8.0K Cons: Prev: -4.0K
Manufacturing Payrolls (Mar)
Act: 15K Cons: -5K Prev: -6K
Participation Rate (Mar)
Act: 61.9% Prev: 62.0%
U6 Unemployment Rate (Mar)
Act: 8.0% Cons: Prev: 7.9%
Unemployment Rate (Mar)
Act: 4.3% Cons: 4.4% Prev: 4.4%
The monthly trade data comes in largely as expected. Maybe a little better than expected. Imagine another country running these types of deficits.
Trade Balance (Feb)
Act: -57.30B Cons: -60.50B Prev: -54.70B
Exports (Feb)
Act: 314.80B Prev: 302.10B
Imports (Feb)
Act: 372.10B Prev: 356.60B
Goods Trade Balance (Feb)
Act: -84.60B Prev: -81.80B
Initial Jobless Claims
Act: 202K Cons: 212K Prev: 211K
Continuing Jobless Claims
Act: 1,841K Cons: 1,840K Prev: 1,816K
Jobless Claims 4-Week Avg.
Act: 207.75K Prev: 210.75K
Private credit seems a little wobbly also!
Stone, I’m noticing more companies in the gulf area are using the same word; force majeure!
More profits for USA, Inc. it is a phrase we will hear more often over the next few years. Leading up to the force majeure granddaddy
Are we also watching the first steps to disbanding NATO? If we start pulling troops, etc that would be major!
Today is Moonshot day. I had a glass of Tang while listening to this:
https://youtu.be/ouRbkBAOGEw?si=5K23j1hsmNnjBPqi
A person would need something stronger than tang to fall for this lie!
Economy looking strong. The plebs can’t stop spending. This is excellent news, as long as we can control OUR spending.
ADP Nonfarm Employment Change (Mar)
Act: 62K Cons: 41K Prev: 66K
Core Retail Sales (MoM) (Feb)
Act: 0.5% Cons: 0.3% Prev: 0.0%
Retail Control (MoM) (Feb)
Act: 0.5% Cons: 0.3% Prev: 0.2%
Retail Sales (MoM) (Feb)
Act: 0.6% Cons: 0.5% Prev: -0.1%
Retail Sales (YoY) (Feb)
Act: 3.71% Prev: 3.16%
Retail Sales Ex Gas/Autos (MoM) (Feb)
Act: 0.4% Prev: 0.2%
Not so good. Not terrible, but not so good.
FHFA House Price Index (MoM) (Jan)
Act: 0.1% Cons: 0.1% Prev: 0.3%
FHFA House Price Index (YoY) (Jan)
Act: 1.6% Prev: 1.9%
FHFA House Price Index (Jan)
Act: 441.0 Prev: 440.7
S&P/CS HPI Composite – 20 s.a. (MoM) (Jan)
Act: 0.2% Prev: 0.5%
S&P/CS HPI Composite – 20 n.s.a. (YoY) (Jan)
Act: 1.2% Cons: 1.4% Prev: 1.4%
S&P/CS HPI Composite – 20 n.s.a. (MoM) (Jan)
Act: -0.1% Cons: Prev: -0.1%
Regarding the article, great point on China not committing to flooding the world with it’s currency. Even the BRICS combined would not likely be able to preform the world reserve function or the back stopping of currency like the Fed now does. Who knows if the dollar survives in digital form with the tokenization of all things. It seems that’s how it’s going. Only the US dollar has the satanic symbols on its currency! The all seeing eye, etc.
Understand how I’m being deliberate. Only one of two reasons why the dollar would go away as a transaction currency. It conflates with Ezekiel 38 and 39.
Right! Short of war defeat as in Ezekiel , the dollar system is the energizer bunny!
IRAN’S PRESIDENT PEZESHKIAN STATES THEY ARE PREPARED TO END THE WAR IF THEY RECEIVE GUARANTEES. If, this happens…
Thus, Persia survives to become part of the Gog Magog coalition! Just like Ezekiel says
What war? War hasn’t been declared by Congress? Looks like this charade is about to fizzle out, now that it got the results. The media has been putting up Iran conflicts almost ever other year, probably time to get back to the North Korea threats in the headlines. Haven’t seen a Ukraine headline in a long time either…it’s all fizzle now and no sizzle! Maybe stocks will start to bounce. DRIP, DUST as we could see an uptick.
Long live the asset owners. I guess the war is as real as the Apollo and Artemis moon missions. Like Ken says, let’s drink some Tang.
The Iran war is for our entertainment only. Like the Friday the 13th movie sequels it may eventually fizzle out then again it may not. As long as the audience continues to be entertained by the Iran war then it will continue just like the Friday the 13th movies kept going as long as there are suckers who want more. Nightmare on Elm street was another one with many sequels. The Iran war may be a distraction from something else that is happening behind the scenes. Perhaps it is a distraction from the Epstein story in which most of the top people were involved including Trump.
I actually doubt very much that this war will end anytime soon.
In fact, I have been stating that this war will spread and War will spread across the globe. The United States government will be the primary driver of this spreading War. This war was planned decades ago. President Trump was correct. The United States is largely walled off from the Middle East. We get hardly any oil from that area, even the type that the domestic refineries use. We are almost exclusively consumers of oil from the Western hemisphere. As I’ve been saying for some time now, as World War 3 and these large wars got closer, the United States would become the energy powerhouse of the world and become self-sufficient.
Nothing is left the chance. I know we have people coming by on the website minimizing what’s going on, but I wouldn’t make such a grave error.
This is all very real and has been planned out decades ago. World War III has been engineering in our minds going back to the 1950s. The population of the West have become resigned to accepting this inevitability. I think of all the movies from back then until now. Today, the movies just shove it in our faces.
I know it’s very real. Wait for the bombs to drop in the states. That will happen, too.
Lets see what happens this weekend with Iran. Notice how Europe is hosting a meeting to re open the Strait. Trump basically said, you want it, go get it! If your looking for a distraction, look no further that the fake moon shot!
It could have been a cargo spill or repair needed on area infrastructure for a couple of months. What better way to get it all paid for by stating a military conflict is happening and charge the USA taxpayers to pay for it. Same thing in Ukraine. I’ve heard they are building brand new cities over there, all paid for with 200 billion of USA taxpayer money, under the disguise of a war. Anyone with a private jet wanna fly some of us over there to expose it?
I think Trumpy comes out with an “Iran wants peace, we won and everything is all better now” statement either on a Friday power hour or during the weekend for the next week market upticks. The may play it out for another few weeks, but by now we all know how this works. Gas prices should still be high for awhile. I’m don’t want to minimize this, I can see the theater. I’ll be glad to eat my underoos if i’m wrong and it turns into some sort of Global conflict and bombs dropping in DC. However I’m looking at increasing volume and reversal bumps on stocks this week, that shouldn’t be happening during a real war. I think there’s going to be a closure announcement soon with the option of leaving something on the table in a few years.
This is all very good news for those who promote the dollar for international transactions.
What other nation would spread hundreds of billions of dollars worth of their currency overseas in military frivolities? Only the United States does.
This is excellent news for the asset owners. All of those dollars end up looking for a home. The best part about all of this military spending is that it tends to have less of an effect on domestic inflation, since a bigger percentage of these dollars remain outside the borders of the United States.
It all ends up on the balance sheets of the wealthiest. They buy up the assets. They buy up the stocks. They buy up the sports teams. They buy up the choice and not so choice real estate here in the states, affordability be damned.
All of this war is so very profitable. Unfortunately, it’s the absolute worst outcome for those who depend on a wage or fixed income pension.
Add Texas to the list of states!
Yesterday, March 27, 2026, Abbott stood shoulder-to-shoulder with these black-hat Hasidic operators and signed a formal state proclamation endorsing the Noahide Laws in Texas. Not some vague “interfaith” fluff. A straight-up official endorsement of the seven Noahide Laws—the Jewish supremacist legal code that Chabad wants imposed on every non-Jew in America.
We better hope for the second coming, because there will be no escape from what is planned for humanity. I only have at most 20 years left. Death will free me from what is planned for us.
And it happened that fast.
No escape. Perhaps all of our study and contemplation regarding the end times and such has just been a diversion to keep us from accepting the near future for humanity and specially people like us. Yes. We were the ones who had it good. We people made it happen.There’s nothing good now or being planned. We better hope for the end times, because that’s the only way out.
Its forced Judaism. The sanhedrin will be fully active at some point and will have much influence on the courts.
Its easy to forget this life is temporary and the life to come is the end goal! Of course, this is the only life we are conscious of.
Yes, pray for the second coming of Jesus Christ to set up his heavenly kingdom for the remnant of humanity where those with the highest love and kindness rise to the top. There will be no suffering, no disease, and there will be justice.
I worry that this end time stuff may be just a story to give us false hope. I worry that the evil on this earth may be permanently ingrained and here to stay. One way or another this will be temporary as either we will leave our physical bodies first or Jesus Christ shows up in our lifetimes. Nothing but love and kindness are enduring as it is always constructive. Evil and injustice always destroys itself.
About 15 years ago I was tasked with doing in person what Stone is doing in writing.
During that time I have spoken with thousands of people some of who listened and some who laughed. I have had my life threatened by self professed demon possessed people, had psychics “speaking” to deceased family members telling me to stop what I was doing and finally was contacted by a demon with an offer for my soul. I have had so many surreal and supernatural incidents that I have lost track of them all.
My wife divorced me after 33 years together, my younger brother died suddenly of a massive heart attack (I am still not convinced it wasn’t brought about by my actions) and everyone in my family has been attacked in ways I could never have imagined when I started this journey
I do not tell you this from pride because I have none left. What I do know is YHWH has been with me every step of the way. When I thought I could not go on He lifted me up.
When I was younger my lack of faith failed Him. I will not allow that to happen again.
We have been put here at this time and given the knowledge we have been given for a reason.
I suggest we embrace this as the greatest challenge in the history of the world.
With His help I am certain we can overcome the challenges that lie ahead for each of us.
That’s quite a witness and quite an honor! You must have been telling the Truth!
EB,
Your story is very interesting and amazing. Only with the strength of God through Jesus Christ can one withstand these spiritual attacks. We are in a spiritual war zone between good and evil.
I hear you on the wife thing. My wife is like Millie Montag. Forget about discussing anything interesting or contentious. At least she doesn’t look like brown skinned mongrelized whore from the 2018 movie version.
Just a question for everyone. How many of you are first born? I for example am first born.
Revelation 12: 7-9 And war broke out in heaven: Michael and his angels fought with the dragon; and the dragon and his angels fought, 8 but they [a]did not prevail, nor was a place found for [b]them in heaven any longer. 9 So the great dragon was cast out, that serpent of old, called the Devil and Satan, who deceives the whole world; he was cast to the earth, and his angels were cast out with him.
These fire balls do not appear to be meteors, so what’s going on…
Maybe Wormwood or Apophis destroys the dollar order….
Daily Mail – Mysterious surge of fireballs in US sparks extraterrestrial questions
Earth has seen a mysterious surge in massive fireballs lighting up the sky, sparking concerns about a potentially city-killing asteroid striking the planet and questions about these objects being UFOs.
The American Meteor Society (AMS), a nonprofit group that has been tracking meteor sightings for over a century, revealed that there have been more reports of fireballs in the first three months of 2026 than in the first quarter of any year dating back to 2011.
The society said: ‘The first quarter of 2026 has produced what appears to be a significant surge in large fireball events. The data, drawn from the AMS database going back to 2011, shows a pattern that warrants serious investigation.’
AMS also noted that the recent uptick of space rocks ripping through the atmosphere cannot be definitively explained by local meteor showers or other natural events in space, with 2,046 fireballs already tracked since the start of 2026.
That included 38 major events worldwide reported by more than 50 people, more than the last two years combined.
Article continues;
https://www.dailymail.co.uk/sciencetech/article-15692001/amp/giant-fireballs-meteor-surge-earth.html