By Brandon Smith
Alt-Market.us
July 10, 2026
This article was written by Brandon Smith and originally published at Birch Gold Group
During the 2020 pandemic hysteria there was a mad rush by globalist institutions like the WEF, IMF, BIS and numerous national central banks to speed-run the concept of "CBDCs" (Central Bank Digital Currencies) into the mainstream consciousness. The idea of digital currencies rooted to a blockchain ledger was presented as a solution to the pandemic.
By Charles Hugh Smith
OfTwoMinds.com
July 10, 2026
Let's pull all this into an undeniable conclusion: AI is based on massively subsidizing users' costs.
What's already abundantly clear but verboten to say as it would pop the bubble of AI valuations and triumphalism is that AI is unaffordable once the direct and indirect subsidies are withdrawn. Nothing that consumes this much electricity and requires such an immense scale of costly processing and memory capacity can be low-cost, never mind free.
Par Olivier Berruyer
94 milliards d'euros. C'est le déficit commercial de la France en 2025. Une "amélioration", nous dit-on, par rapport au record absolu de 2022. Sauf que ce gouffre reste parmi les plus profonds de notre histoire et qu'il ne doit presque rien au hasard. Derrière la facture énergétique, que subissent pourtant tous nos voisins, se cache un mal beaucoup plus rare et beaucoup plus grave : la France a perdu la capacité de produire ce qu'elle consomme.
© Chip Somodevilla Source: Gettyimages.ru
Au terme de sa mission de consultation en Algérie, le FMI a fait état de perspectives positives à court terme, avec une croissance attendue à 3,8 % en 2026. L'institution pointe toutefois plusieurs fragilités, notamment l'inflation, les déficits budgétaires élevés, la dépendance aux hydrocarbures et la nécessité de renforcer le secteur privé.
By Madge Waggy
MadgeWaggy.blogspot.com
July 8, 2026
Editor's Note
The twenty-first century has introduced a form of confrontation that rarely appears on television screens, is seldom announced through diplomatic declarations, and almost never begins with the spectacle traditionally associated with war. Its progression is quieter, considerably more sophisticated, and arguably more consequential than many conventional conflicts because its primary objective is not the occupation of territory but the gradual acquisition of economic leverage capable of influencing political decisions, technological innovation, industrial production, and ultimately the everyday lives of billions of people.
By Martin Armstrong
Armstrong Economics
July 8, 2026
The United States has crossed a milestone that Washington has spent decades pretending would never arrive. Federal debt held by the public has now exceeded 100% of GDP for the first time since the aftermath of the Second World War. According to the latest government data, debt held by the public reached approximately $31.27 trillion while the nation's annual economic output totaled roughly $31.22 trillion, pushing the debt-to-GDP ratio to 100.2%.
Geopolitical Economy Hour 76, July 1, 2026, "He Ran the Fed For 18 Years And Left An Economic Time Bomb."
Radhika Desai:
Hello and welcome to the 76th Geopolitical Economy Hour, the conversation that illuminates the fast-changing political economy and geopolitical economy of our times from a socialist and anti-imperialist point of view, the point of view, that is, of the world majority.
La source s'est tarie. Les recettes fiscales liées aux carburants ont baissé de plus de 80 millions d'euros sur les six premiers mois de 2026 comparées à la même période en 2025, a fait savoir lundi le ministre français des Comptes publics, David Amiel, sur RTL.
Et ce alors qu'avec la guerre en Asie de l'Ouest, les prix de l'or noir s'étaient envolés à partir du 28 février, ce qui rapportait plus à l'État par litre vendu.
US slave interests stifled US monetary and banking policy until 1913
The role of slave states in shaping the U.S. Constitution goes far beyond slavery itself. I want to discuss the distinctively American effect of this states-rights policy for banking and financial policy.
The main aim of the slave states was to block federal power - via the rule of the democratic majority - to take measures to limit or end slavery, and to prevent its westward expansion.
Par Olivier Berruyer
Analyste financier formé sur les marchés à terme parisiens au milieu des années 80, devenu chroniqueur macroéconomique, Philippe Béchade s'est fait une spécialité de débusquer ce que le consensus refuse de voir. Rédacteur en chef de la Chronique Agora et de La Bourse au Quotidien, il livre à Olivier Berruyer pour Élucid un décryptage sans concession d'un système financier qui ne tient plus que par la parole : celle de Donald Trump, celle des banques centrales, celle des grands gérants d'actifs.