Forecasts:
The IRBM strike of Russia sets the world to a new course, with a sinister plan possibly lurking in the background. We issue an updated Black Swan warning from the end of May.
Bitcoin is propelling towards the glorious 100k, with risks abound.
Some (mostly major) U.S. banks are turning into casinos, again.
Into a new era
The world has entered a new era. Russia has struck Yuzhmash rocket-plant in Dnipro, a city in central-eastern Ukraine, with a new type of intermediate-range ballistic missile (IRBM) carrying a non-nuclear payload. Only minor damages were reported on the ground. This was a historical strike, sending a dire warning for Ukraine and NATO.
Keep reading with a 7-day free trial
Subscribe to GnS Economics Newsletter to keep reading this post and get 7 days of free access to the full post archives.