I had no idea China maintained a strategic fertilizer reserve. Very smart! USA should of thought about fertilizer before launching this war. I've seen farmers saying food prices are going to go up 5-10% because of this shortage. https://thedeepdive.ca/china-curbs-fertilizer-exports-amid-global-supply-crunch-and-rising-prices/

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Rich countries stay rich by keeping the ladder up. Kick it away and the guillotines come out.

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There's no coming back. The oil refineries aren't getting rebuilt. We are bootstrapping human civilization into the Electric Age. https://x.com/i/status/2030820615800918090

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I'm thinking 80%+ chance that this oil shock crashes the economy as it ripples through many sectors and causes massive inflation. This is the largest weekly spike ever for oil. Yes, crude was more expensive in 2022 and 2008, but it isn't the absolute value of it at any given time that causes problems, necessarily. It is the rate of change in the price that is most concerning. Business cycles end when a negative feedback loop develops in the economy. Typically, this begins with people getting laid off and then those people cannot afford as many good/services. Ultimately, this means that companies are not bringing in as much money so they are forced to let go of people, and so on and so forth. Oil spiking often leads to the beginning of this sort of feedback loop. In 1990 there was also a lot of geopolitical conflict and oil spiked which immediately lead to a recession. There was a more graduate increase in the price of oil during the Dot Com bubble, which burst in 2001 and resulted in a recession. In 2008 the price of oil had been on the way up and ultimately spiked as the financial crisis worsened. This lead to the Great Recession. Oil is now spiking after we have seen the S&P500 go nowhere in 6 months. Revisions to the 2025 job reports now show there was no job growth during the whole year. Additionally, the nonfarm payroll for February was expected to be around 50,000+, but instead there was a reduction of more than 90,000. Inflation has already been somewhat persistent because Trump's tariff reduced kicked in before stimulus-induced inflation had fully tapered off. This means the Federal Reserve is going to be between a rock and a hard place because they are supposed to reduce inflation and support the job market. This oil shock will likely be what breaks the camel's back and brings forth the negative feedback loop....

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The silver lining that comes along every time there are high oil prices... Loonie <3 https://www.reuters.com/business/canadian-dollar-outperforms-g10-peers-oil-prices-soar-2026-03-06/

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Wow, time after time this woman makes herself look ridiculous... All she had to say was "prices go up" and yet she tried to make some political argument when really this is an economic/financial issue. Smh

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What? https://sethackerman.substack.com/p/europes-productivity-keeps-outpacing

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In other words: It's the politics, stupid!

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Can only continue to laugh… Total pricetag 64M for 65 units of affordable housing - not actually sure final cost, cause these are old docs Not familiar with this community; just pointing out reality that if it costs 1M to build an affordable unit we as a society don’t have enough money to address housing shortage in this manner… https://x.com/sccgov/status/2022458026314338384?s=46 https://x.com/sukritganesh/status/2023130692247503321?s=46 https://files.santaclaracounty.gov/exjcpb1571/2025-02/2pgsummary-rd-09-the-magnolias.pdf?VersionId=ajrWbP_TEwz6PiiMjUlQtCDomV.g4Y9H#:~:text=Source%20of%20Funds-,Permanent%20Loan,$64%2C368%2C522

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Likely

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https://github.com/TheEconomist

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Consumer confidence during the past year has generally been lower than it was during almost any part of Biden's term.

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The dollar just posted its largest weekly fall since April tariff threats. Oof

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The stock market is not economy. https://youtu.be/V57Qt-6z-_Y?si=VdL7cmxhWbUa961U

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Last chart you'll see before everything implodes

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