BREAKING: President Trump says U.S. oil companies will go into Venezuela "spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country."

https://redd.it/1q2zyxs
@r_econ

Trump owns Venezuela now
https://open.substack.com/pub/ricknewmanreport/p/what-mattered-this-week-venezuela?r=e0w9w&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

https://redd.it/1q31w40
@r_econ

Veteran analyst warns Trump faces Hoover-era Great Depression risks in 2026
https://www.thestreet.com/crypto/markets/veteran-analyst-warns-trump-faces-hoover-era-great-depression-risks-2026

https://redd.it/1q2o5yy
@r_econ

China’s BYD overtakes Tesla as world’s biggest electric car seller | Automotive industry
https://www.theguardian.com/business/2026/jan/02/china-byd-tesla-worlds-biggest-electric-car-seller-elon-musk-donald-trump-ev

https://redd.it/1q2z4bk
@r_econ

U.S. on verge of unemployment surge that forces Fed to slash rates, Wall Street veteran says
https://www.marketwatch.com/story/u-s-on-verge-of-unemployment-surge-that-forces-fed-to-slash-rates-wall-street-veteran-says-e4bd0be1

https://redd.it/1q35n3t
@r_econ

What the US strike in Venezuela means for gas prices and the largest proven oil reserve on the planet
https://finance.yahoo.com/news/us-strike-venezuela-means-gas-135816993.html

https://redd.it/1q2wq7d
@r_econ

How Trump’s Venezuela Move Could Reshape The U.S. Economy
https://www.forbes.com/sites/joelshulman/2026/01/03/how-trumps-venezuela-move-could-reshape-the-us-economy/

https://redd.it/1q3g4mj
@r_econ

Mark Cuban says health insurers could pay off the national debt just by being fined just $100 for overbilling and denying care
https://yourusabiz.tech/cuban-health-insurers-national-debt/

https://redd.it/1q3hk21
@r_econ

What the US strike in Venezuela means for gas prices and the largest proven oil reserve on the planet
https://www.cnn.com/2026/01/03/business/oil-gas-venezuela-maduro

https://redd.it/1q2zjsk
@r_econ

Brexit has deepened the British economy’s flaws and dulled its strengths
https://www.economist.com/britain/2025/12/30/brexit-has-deepened-the-british-economys-flaws-and-dulled-its-strengths

https://redd.it/1q3hhz7
@r_econ

The $17 Trillion Pivot: How the US Seizure of Venezuela Just Rewrote the Global Order. The Cold Math of Dominance: How controlling $17 trillion in reserves checkmates Iran, secures the Petrodollar, and turns a failed state into America's ultimate strategic asset.
https://sylvainsaurel.substack.com/p/the-17-trillion-pivot-how-the-us

https://redd.it/1q3j14u
@r_econ

U.S oil companies right now

https://redd.it/1q3n0v9
@r_econ

Are we headed towards a financial crisis, in the next few years?

According to Economist:

When Lehman went bust, its failure caused some $10trn in global equity losses within weeks. It’s impossible to know what will be the spark that sets off the next conflagration. A sudden consensus that ai won’t live up to expectations? A massive corporate fraud? Something else entirely? What’s clear is that, once the blaze begins, plenty of kindling will help it spread—thanks to Wall Street’s obsession with bonuses, hidden illiquidity, mismatched books and unregulated markets.

According to fool49:

So with bad incentives for financial professionals and financial deregulation, we may be headed towards a financial crisis. As stock and mutual funds and other financial assets ownership has.gone up, a lot more people will be impacted negatively by a crash in the markets. Also other problems like rising debt, volatile cryptocurrency, and illiquid private investment. And don't forget the elephant in the room. The so called AI bubble.

To me the other problems are much more serious, than an over investment and stretched valuations in AI. I wouldn't be surprised by a market crash of over 20%.

Reference: Economist

https://redd.it/1q3nouc
@r_econ

Trump Pardoned 3 Crypto Felons In 10 Months—Here's What Each One Cost
https://finance.yahoo.com/news/trump-pardoned-3-crypto-felons-133109095.html

https://redd.it/1q3qrb8
@r_econ

Trump Says We Have the “Hottest” Economy. Markets Tell a Different Story. | The U.S. economy entered 2025 as the “envy of the world.” It exited well behind its peers.
https://www.thebulwark.com/p/trump-says-we-have-the-hottest-economy-markets-tell-different-story

https://redd.it/1q3srlj
@r_econ

Trump Says We Have the “Hottest” Economy. Markets Tell a Different Story. | The U.S. economy entered 2025 as the “envy of the world.” It exited well behind its peers.
https://www.thebulwark.com/p/trump-says-we-have-the-hottest-economy-markets-tell-different-story

https://redd.it/1q3sqxh
@r_econ

On season 3 of Landman on Paramount+

https://redd.it/1q3w9w0
@r_econ

Mitt Romney says taxing the rich is now necessary 'given the magnitude of our national debt'
https://fortune.com/2025/12/22/mitt-romney-national-debt-tax-rich-people-lower-spending-oped/

https://redd.it/1q3x5lo
@r_econ

Can the global economy handle a world with fewer kids? : Consider This from NPR
https://www.npr.org/2026/01/02/nx-s1-5661675/can-the-global-economy-handle-a-world-with-fewer-kids

https://redd.it/1q3pdre
@r_econ

We have money to run Venezuela and to bail out Argentina, but not to keep affordable healthcare?

Who in their right mind thanks that running Venezuela will be free, let alone morally justifiable? We spent trillions of dollars and many thousands of American lives in Iraq and Afghanistan to no benefit. What makes us think Venezuela will be any different? And, unlike the occupations of Iraq and Afghanistan, which were approved by Congress and NATO allies, this Venezuela boondoggle breaks every law of the land.

The US blew up boats all along the coasts of South America, then murdering helpless survivors in the water. This puts us in company with tyrants, killers and pirates.

Meanwhile, we just cancelled healthcare subsidies for low-wage American workers.

Disgusting. Is this who we are now?

https://redd.it/1q404ih
@r_econ

Maduro, Venezuela, The U.S.—And The Oil Shock China Can’t Price In
https://www.forbes.com/sites/guneyyildiz/2026/01/03/maduro-venezuela-the-us-and-the-oil-shock-china-cant-price-in/

https://redd.it/1q3wzg6
@r_econ