04/04/25

  Jim Rogers: We Are Heading into the "Worst Recession of My Lifetime"

Jim Rogers has been a legendary investor for more than 50 years, and his advice is sought by experts around the world. Rogers is convinced that we are now entering the worst recession of his lifetime as a market correction is long overdue, and the fundamentals of the US economy are so weak that the coming crisis cannot be managed. The unsustainable debt cannot be resolved, and a dollar crisis is pending. Trump’s tariffs sow uncertainty and will likely have severe long-term consequences.


  Musk’s father says Tesla tycoon admires Putin

Errol Musk says his family looks up to the Russian leader for his calm leadership and logical speeches | Errol Musk has said that his son Elon and their family admire Russian President Vladimir Putin. Speaking to the BBC, the billionaire’s father described the Russian head of state as a “strong leader” and praised his “logical” speeches. Musk, who is CEO of Tesla and SpaceX, also leads the US Department of Government Efficiency (DOGE) overseeing US President Donald Trump's efforts to streamline government operations and cut inefficiencies. The elder Musk said that he believed his family was “impressed” with the Russian leader.

💬 “It would be foolish not to admire him because he is always calm,” he added. Musk went on to say that he listens to Putin’s speeches, and believes he says “logical things,” while noting that his views were based on personal observation and not political alignment. “If you evaluate him as a man to a man, I’m not talking about relations between countries and the like… he is a strong leader for me,” he said.

When the interviewer claimed that Putin “had started the war in Ukraine,” Errol Musk pushed back, saying that it would only become clear over time who had truly started the conflict.


  Trump's "Liberation Day": Another PR Gag, or Global Reorientation Turning Point?

Dmitry Medvedev: "Trump has bent the global trading system hard by imposing duties against almost the entire world. The consequences will be global. Counter tariffs will be imposed against US goods. Old trade chains will be broken, but new ones will emerge. And what about us? Russia already trades almost nothing with America, as well as with the EU: almost all turnover is sanctioned. But we are still developing - and at a decent pace: in the first quarter of 2025, growth will be around 3%. So there is no need to fuss. According to the immortal advice of Lao Tzu, we should sit on the shore and wait for the corpse of the enemy to swim past us. The decaying corpse of the EU economy." (Translation: DeepL)

Simplicius | The grand new American reawakening has come, Trump announced with his inaugural ‘Day of Liberation’—a Declaration of Economic Independence | Experts the world over are now butting heads over what this epochal ‘reciprocal tariffs’ package will mean for the world economy.  Firstly, it must be said that the misnomered program is apparently not one of ‘reciprocal’ tariffs at all, but rather tariffs doing the job of balancing ‘unequal’ trade deficits between the US and other countries. As most know by now, Trump’s team apparently used a simple equation for determining the tariff rate.

White House Lacks Financial Literacy - 'Tariffs' Show (Moon of Alabama)
What Trump Wants To Achieve Through His Global Trade War (Andrew Korybko)
America’s Perpetual War: Six Questions (Joseph H. Chung)


  Britain sent over 500 spy flights to Gaza

Iain Overton | Exclusive: New study reveals the scale of British intelligence gathering above Gaza, raising fears of complicity in Israeli war crimes. Flights have continued even after Israel broke the ceasefire | The Royal Air Force (RAF) has conducted at least 518 surveillance flights around Gaza since December 2023, an investigation by Action on Armed Violence (AOAV) for Declassified UK has found.  The flights, carried out by 14 Squadron’s Shadow R1 aircraft from RAF Akrotiri in Cyprus, have been shrouded in secrecy, raising concerns about whether British intelligence has played a role in Israeli military operations that have resulted in mass civilian casualties in Gaza.  These revelations come as Israel faces allegations of genocide at the International Court of Justice (ICJ) and war crimes at the International Criminal Court (ICC), with warrants issued for Israeli prime minister Benjamin Netanyahu and former defence minister Yoav Gallant.  The UK government insists that the flights are purely for hostage recovery, but the lack of transparency has done little to allay suspicions that the intelligence gathered may be facilitating Israeli attacks.  Surveillance sorties continued during and after the ceasefire, despite Israel’s renewed bombing of Gaza killing hundreds of children.  AOAV’s analysis of flight-tracking data shows that between 3 December 2023 and 27 March 2025, the RAF carried out at least 518 Intelligence, Surveillance, and Reconnaissance (ISR) flights over or close to Gaza’s airspace.


  Professors Stephen Macedo and Frances Lee Assess the Politics of Covid

The BOOK, In Covid’s Wake (Princeton University Press), is a comprehensive assessment of the political responses to the Covid pandemic. Authors Macedo and Lee question why pre-Covid plans were largely ignored, if dissenting voices were treated with fairness, and if the adopted policies actually worked. They examine how governments, influenced by Wuhan’s lockdown, abandoned existing strategies in global pandemics and how these policies disproportionately harmed essential workers and vulnerable, underprivileged families. Science was suddenly caught up in a web of political polarization. They underline the importance of open-mindedness, democracy, and evidence in future crises.


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