We know what’s coming and we are prepared.
Economics by Wes.....
Imagine you wanted to buy things online and websites only accepted paypal. You didn't mind at first but then paypal started taking 2% more of your money each year. If they found out you did something they didn't like, they would suspend your ability to conduct any transactions. But you have to use them because all the websites you order things from only take paypal. Paypal knows this too and locked in the merchants with a 50 year agreement. Then they start taking 20% of your transactions as fees every year instead of the old 2%.
This really sucks but they are the only game in town..... Imagine what would happen if all the merchants started accepting Visa and Mastercard. All the people who hated paypal's fees and arbitrary lockout rules would cash out their paypal balance and GTFO and run to MasterCard.
Friends this is what just happened in the world last night. In 1974 the US entered into an agreement with Saudi to sell oil only in dollars for 50 years. Along the way, the US has continued to print money and devalue the dollars held in other nation's vaults for international trade. The US has imposed sanctions on countries we didn't like by locking them out of the SWIFT payment system. The EU did the same to Russia two junes ago. Russia needed to make a payment of $40M to the EU but the EU had frozen their bank account.... the money was there, the bank would not process the transaction. These sorts of stunts have made other countries hate having to deal in US dollars (ie paypal). The first alternative that comes along will have everyone jumping to it.
Presently there are about 40 nations involved in BRICS. Their combined GDP is greater than the G7 nations. Those nations no longer have to use USD and you can bet they will be cashing out of dollars.
I'm telling you this because you need to buy the things you think you will need in the furture TODAY. You will look back on this month in the next year and see an inflexion point in the chart of inflation.
How many of you hesitated to buy 9mm when it was 18c a round? Boy you'd love 18c 9mm right now wouldn't you? Boy you'd love 25c 5.56 right now wouldn't you? Don't get a year down the road and wish you'd bought a tiller or solar, or a generator.... or a spare water pump. Trust me you will look back on today and wish you had bought something.
NEW - Irish government runs an advert discouraging grandparents from hugging their grandchildren without consent.
@disclosetv
🇺🇸 Teenagers are now facing charges after doing a ding-dong ditch prank with a twist. They showed up in masks, wearing tactical gear and a rifle, or what looks like a rifle.
Two #Delaware teenagers, aged 16 and 17, faced charges after knocking on doors in New Castle while wearing tactical-style vests and carrying what appeared to be a rifle, police said.
This could’ve ended so badly..
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🌆 Market News Digest
[Oct 21, 2026, 06:00–16:30 EST]
🔥 Top Stories
• Gulf tensions spike as U.S. orders Saudi embassy departures — Houthi drone attacks on Aramco/Shaybah, Iranian rhetoric, and evacuation alerts lifted oil-sensitive geopolitical risk
• Meta beats on revenue, unveils nonvoting stock plan — Q3 sales topped estimates, but a $9.9B legal charge crushed operating income as capex/AI spending stays huge
• OpenAI deepens Google Cloud partnership — Frontier models and Codex go onto Google Cloud Marketplace, a notable distribution win for Google and OpenAI
⛽ Oil & Energy
• Saudi Aramco/Shaybah attacked, but operations intact — air defenses intercepted a drone; no operational impact, yet the event kept crude elevated
• EIA crude stocks fall 3.06M barrels; gasoline drops 2.95M — bigger-than-expected draw, while diesel/distillate built
• WTI settles at $97.15; Brent at $108.82 — oil eased late despite supply fears; Kuwait says exports are at prewar levels
📊 Markets & Macro...
🌆 Market News Digest
[Oct 20, 2026 EST]
🔥 Top Stories
• US–Iran tensions swing markets — Hormuz tanker fire, Israel warns of renewed strikes, Rubio says talks are hard; oil stayed volatile even as Brent eased below $109
• Anthropic’s massive AI spend shock — WSJ says it may spend >$600B on compute, with huge cloud/Nvidia commitments and >$80B H1 loss
• Trump on Ukraine, Iran and trade — says Ukraine must make a deal, India trade is “pretty close,” and he’s weighing Iran action
⛽ Oil & Energy
• Hormuz tanker fire / mine incident — IRGC says a supertanker carrying >2M barrels caught fire after hitting a mine
• Europe gas >€90 — benchmark tops 2022 levels on supply fears; US diesel prices remain elevated
• NATO and EU security push — NATO adds Black Sea assets; EU doubles down on Arctic security and keeping fossil fuels in the ground
📊 Markets & Macro
• US housing weakens further — starts fell 5.2% and pending sales dropped 7.3% to a record low, pressuring ...
