© Matias Delacroix Source: AP
Un ara se tient sur une foreuse pétrolière décorative à Caracas, au Venezuela, le 6 janvier 2026.
Les Bourses mondiales ont reculé le 7 janvier, tandis que le pétrole poursuivait sa baisse, après l'annonce par Donald Trump de la saisie de réserves vénézuéliennes et d'un accord sur 50 millions de barils.
By David Stockman
David Stockman's Contra Corner
January 7, 2026
Until the Donald came along, Nixon's feckless War on Drugs was surely among the stupidest projects of state ever conceived on the banks of the Potomac. As we show in detail below, Washington's writ criminalizing cocaine raises the street price from about $1,000 per pound based on the pure economics of farming, processing and distribution to an actual street price for today's contraband cocaine of about $54,000 per pound.
By Jeff Thomas
International Man
January 7, 2026
In late-18th-century America, something of minimal value was often described as being "not worth a continental," which referred to the continental dollar, the American currency at the time of the revolution.
The continental was paper money. It had occurred to the colonists that, as their revolution was costing quite a bit to maintain, they could go into "temporary" debt to finance the war.
Par Gilles Bonafi
Résumé exécutif
Le présent document décrit le BRICS Settlement Network (BSN), une infrastructure de règlement multilatéral conçue pour compléter les systèmes de paiement internationaux existants. Le BSN repose sur un actif de règlement collatéralisé, dénommé UNIT, destiné exclusivement aux opérations interbancaires et interbancaires centrales. Il s'inscrit dans un contexte de transformation profonde de l'architecture monétaire internationale, consécutive aux déséquilibres accumulés depuis plusieurs décennies.
By Llewellyn H. Rockwell, Jr.
January 5, 2026
Everybody knows we need sound money; but what exactly is sound money ? A good way to answer this question is to consult the works of the two greatest economists of the twentieth century, Ludwig von Mises and Murray N. Rothbard. I am proud of the fact that Mises's widow, the unforgettable Margit von Mises, warmly approved of the Mises Institute when I founded it in 1982, and proud that Murray was our Academic Vice-President and spoke at our conferences and events until his death in 1995.
© RODWORKS Source: Gettyimages.ru
Des billets de cedis ghanéens avec des pépites d'or. [Photo d'illustration]
Le cedi s'est classé derrière le rouble en termes de performance face au dollar en réalisant un gain de 41% sur l'année, une première depuis 1994, selon les données de Bloomberg le 31 décembre. Une performance
By Charles Hugh Smith
OfTwoMinds.com
January 3, 2026
Slapdash quick fixes and policies share one characteristic: they eventually implode the whole shebang.
We all know how this works: the business is failing and the divorce papers have been filed, but the optics are ugly, so the couple waltzes in, all smiles and lovey-dovey, for who wants to explain how it all went wrong?
To paper over the inevitable reckoning, expediencies are deployed: money is borrowed but the loans are kept off the books, defaults are buried, the kids' college fund is raided, promises that can't be kept are made, and so on.
par Profession Gendarme
La «Grande Liquidation» a commencé. Alors que la Fed baisse ses taux, une anomalie financière terrifie Wall Street : les rendements obligataires explosent. La raison ? La Chine a arrêté d'être le banquier de l'Amérique et vend massivement ses bons du Trésor. Contrairement à 2008, Pékin ne viendra pas sauver l'économie américaine. Au contraire, Xi Jinping utilise la dette et les terres rares comme des armes de guerre économique.
By Tucker Carlson
January 2, 2026
lewrockwell.com
By Madge Waggy
MadgeWaggy.blogspot.com
January 2, 2026
"70% of power transformers are 25 years or older, 60% of circuit breakers are 30 years or older, and 70% of transmission lines are 25 years or older."
A Sincere Warning to Continuing
Please do not read the following if you are feeling overwhelmed, anxious, or emotionally fragile. This topic is profoundly disturbing and will leave a deep mark.
By Sven R. ARSON
As 2025 draws to a close, it is time to take inventory of the European economy. Unfortunately, it is not an uplifting experience.
To date, Eurostat has published numbers for gross domestic product and its components through the third quarter of 2025. If we calculate an average for those three quarters, the GDP of the EU itself has grown at 1.48% over the same three quarters in 2024.
Stefano Vernole
Lo "yuan dorato" diventerà una seconda ancora globale duratura, non sostituendo il dollaro, ma ponendo fine al suo monopolio: il vero significato dell'Operazione Militare Speciale.
Tra nuovi tagli dei tassi, tensioni geopolitiche e una sfiducia verso gli asset tradizionali, la corsa ai beni rifugio si è trasformata in una competizione storica.
Il protagonista indiscusso del 2025 è stato l'oro, che giorno dopo giorno polverizza record che sembravano irraggiungibili.