The U.S. Economy Is Insulated From High Oil Prices.
-- Americans Aren’t.
The overall economy has proved resilient in recent years,
even as many households have struggled.
The war with Iran is following the same pattern.
https://www.
Desculpem lš qualquer coisinha, mas 30 milhões de turistas num país de 10 milhões de habitantes são turistas a mais.
https://expresso.pt/economia/economia_
U.S. Economy Grew More Slowly at End of 2025 (Ben Casselman/New York Times)
https://www.nytimes.com/2026/02/20/business/economy/us-economy-gdp.html
http://www.memeorandum.com/260220/p120#a260220p120
from my link log —
High finance is wrecking the economy and the planet, but it won't reform itself.
https://www.prospectmagazine.co.uk/magazine/high-finance-is-wrecking-the-…
Sources: SoftBank plans to form a consortium to build a $33B power plant in Ohio, set to produce 9.2 GW for AI data centers, as part of the US-Japan trade deal (Nikkei Asia)
https://asia.nikkei.com/economy/trade-war/trump-ta…
The Economist:
It is just possible that the president has given up hope that Republicans will retain their paper-thin majority in the House.
Recognising he has little time left,
he may well be playing for glory,
and his own pleasure
https://bsky.app/profile/economist.com
US choking off Cuba's oil.
"…country is only able to produce about 40% of…energy it requires. Blackouts …become commonplace — …can last 10 to 15 hours & have even reached…Havana."
https://www.dw.com/en/cuba-oil-fuel-embarg
The U.S. economy is more distorted than ever.
The widening gap between corporate profits and average workers
— between capital and labor
— helps explain the disconnect between a buoyant economy and pessimistic households.
Consumer confidence is in the basement.
The gap was widening before Trump was elected. It explains in part the rise of MAGA and why Trump won in 2016 and again in 2024.
But Trump hasn’t done a thing to alter these trends.
In fact, …
As the war in Iran enters its fourth week, attacks on the region’s energy infrastructure are disrupting the economy around the world.
The price of oil reached nearly $120 a barrel, up from around $80 just a little more than a week ago.
International shipping through the Strait of Hormuz is effectively closed.
And the local economies of Persian Gulf countries, including the United Arab Emirates and Saudi Arabia, continue to come under direct attack.
Why does the U.S. g…