
Nothing works the way it's supposed to — and everyone pretends it does. It's the SNAFU world. Essays on money, markets, and the unraveling West — plus stock picks, real-time alerts, and a live portfolio, always one click away.
| Platform | Pricing | Freemium | Publishes | Daily | |
|---|---|---|---|---|---|
| Issues | 45 | Founded | 2 years ago | Last Issue | 6 days ago |
| Active | |||||

Last week, I wrote to you about the operation in which the United States and Japan went into the currency market together to prop up the falling yen, the first coordinated action of its kind since 1998.
Japan reportedly put in around $75 b...
Lau here, writing from Slovenia.
Most of my week is work, and my family made peace with that a long time ago. But Sundays I try to get everyone out of the house and go and look at something. This Sunday it was Lake Bled.
It’s a small lake...
If you needed any more evidence of just how far gone the U.S. government’s finances are, look no further than the Treasury’s own latest projections.
You may have already seen the headlines.
Source: Reuters
The number comes from a Treasur...
One up 25%, one down double digits on the day. Here's what I'm doing.
Dear Reader,
So late last month, Treasury Secretary Scott Bessent walked past a huddle of photographers in Washington carrying a folder with a handwritten note clipped to the front. A Reuters camera caught it at just the right angle. A few words and a n...
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The writers behind this newsletter.
Husband, father of three, allocator of capital, and sometime expat. Raised in the Soviet Union - which is probably why I don't trust governments with anything, especially your money. I used to edit Doug Casey's Crisis Investing.
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