Economic Risk

America’s Emergency Oil Reserve Is Almost Empty. And Nobody’s Panicking.

The U.S. Strategic Petroleum Reserve has been drained to its lowest level in 40 years — right as Iran war disruptions threaten global supply. But the real danger isn’t the volume. It’s the operational minimum: the floor below which pulling more oil physically damages the infrastructure. We’re gambling that the crisis ends before the reserve breaks.

AI’s New Billionaires Have a Dangerous Problem: Too Much Money, Too Little Wisdom

The AI boom has created billionaires faster than any event in history. But these founders are structurally unprepared to manage the wealth and power they now hold — and their personal, ad-hoc decisions about where the money goes will shape the global economy in ways that affect everyone.