First, we had to approximate a figure for all of America’s money. This data comes from the Federal Reserve, which tracks M2 money supply in the country.
M2 money supply includes cash, savings, time deposits, and money market funds held in the country. It does not include stocks, real estate, or other investments.
America’s population figures are sourced from the Census Bureau, with the estimate for July, 2025 used for this graphic.
Each American Resident Would Get $63,000 If Divided Equally
Nearly $22 trillion dollars divided amongst 340 million American residents yields around $63,000 for each person.
Henry Hub spot natural gas prices surged to $4.90/mmBtu on Monday morning, reaching fresh two-year highs as traders weighed the impact of tariffs on Canadian fuel and potential retaliatory measures. Amid the volatility, Goldman Sachs’ co-head of Global Commodities Research, Samantha Dart, clarified what’s next for prices, warning, “US Gas Rally Likely Too Much, Too Soon.”
Dart said the sharp increase in Henry Hub spot NatGas prices has been a combination of colder-than-average temperatures, which, along with production freeze-offs and a quick ramp-up of liquefaction operations at the newly started 1.4 Bcf/d phase one of the Plaquemines LNG export facility in Louisiana, helped draw down salt inventories to very low levels.
Despite Dart’s forecast that 2026 prices will remain above $4/mmBtu to support drilling in Haynesville, the recent front-end price spike appears excessive.
She identified two key downside risks for NatGas prices:
1. First, last week’s US gas rally that took prompt gas prices back above $4/mmBtu was not accompanied by any significant tightness in the physical market like what we observed in mid-February, and the colder March weather forecasts that arguably triggered that rally have fully reversed (Exhibit 1 and Exhibit 2).
2. Second, this week’s downward revision to US gas production estimates by Wood Mackenzie[2] still leaves month-to-date production more than 1 Bcf/d above our expectations, suggesting no urgency for the market to incentivize a sharp increase in drilling this summer.
While storage congestion isn’t a near-term concern, demand-side switching to coal has been maxed out, and higher prices won’t impact supply. Given these factors, Dart noted the risk balance for NatGas prices has now “skewed to the downside,” advising clients to “close our long Apr26 NYMEX natural gas trading recommendation.”
More color from Dart:
To be clear, we don’t see US storage congestion appearing as a result of this latest rally in US gas prices, so there is no binding physical constraint forcing US gas prices immediately lower. This is in part because, on the demand side, gas-to-PRB-coal switching is already maximized with Henry Hub near $3.75/mmBtu, and, on the supply side, the impact of higher gas prices on drilling (and ultimately production) is slow. But we do think the balance of risks around US gas prices has changed and is now skewed to the downside. Accordingly, we take this opportunity to close our long Apr26 NYMEX natural gas trading recommendation, now priced around $4/mmBtu, for a potential gain of $0.80/mmBtu.
Too fast, too furious?
However, longer-range fundamentals, including rising LNG exports to Europe, indicate a much brighter future for NatGas following a multi-year price trough.
There has been an 86% rise in sexual violence on public transport in France since 2016, with much of the surge happening as a result of mass migration.
Figures released by the National Observatory on Violence against Women (Miprof) show that sexual violence in 2024 increased by 6 per cent over the previous year and 9 per cent over 2022 numbers.
Since 2016, after which France experienced a surge in mass migration, the figure is up by a whopping 86 per cent.
44 per cent of victims were located in the Paris region, with women being the victims on 91 per cent of occasions, with 75 per cent of victims being under the age of 30 and 36 per cent of those being minors.
“It should be noted that this data comes at the same time that France’s migration population has exploded,” reports Remix News.
“With 63 percent of those arrested for sexual assault and 92 percent for petty theft in public transport being foreigners, according to data from 2019. Similar data is seen in Germany, where 59 percent of all sexual assaults on German trains are attributed to foreigners, with sexual crimes doubling since 2019.”
The study also found that 56 per cent of women were afraid to ride on public transport in the Ile-de-France (Paris) rail network, while 80 per cent said they were constantly on alert.
The figures were released at the same time as another batch of statistics from the UK were made public which found that foreigners were responsible for nearly a quarter of recorded sex crimes.
“While most violence against women is committed by members of their close circle, the fact remains that public spaces, and particularly public transport networks, remain places where women are exposed to sexist and sexual violence as soon as they enter them,” said Miprof Secretary General Roxana Maracineanu.
As we previously reported, a left-wing politician who campaigned for the rights of migrants was brutally beaten by a gang of ‘North African’ men yards from her own front door in France.
As we highlight in the video below, despite women typically voting in favor of more mass migration, the consequences continue to be experienced across western countries.
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Watch: The ‘Prophetic’ Donald Trump On Syria A Decade Ago
Elon Musk in a recent post on X called it “prophetic”. He featured a decade-old clip which said of President Trump’s commentary on the future of Syria, “How right he was.”
Trump said in the 2015 interview, “The problem in Syria is we have no idea who the other side are. Maybe we’re better off with Assad. We give (the Rebels) weapons and ammunition but, to me, Assad looks better than the other side.”
One Trump’s main points in the CNN interview was to “let Syria and ISIS fight” – arguing that Assad forces were effective in killing radical Islamic terrorists. He also said that the US should step back and allow Russia to fight the Islamic State terrorists.
“Let Russia fight ISIS,” he also said. “Fight it out, let Russia take care of ISIS.” CNN had of course responded by absurdly trying to paint the words as an example of Trump ‘siding with Putin’.
On Assad specifically, Trump explained at the time that “it’s all about watching people, I’ve watched Assad and a little bit on the other side. We have no idea who they are.”
Trump then mused, “are we better off with Assad?” as “we have no idea” who the anti-Assad insurgents are. “What are we doing? Why are we involved?” This was of course at a moment Barack Obama was president, and he had authorized the CIA to support regime change.
He continued, “And Assad to me looks better than the other side” which in many historical examples has turned out to be a “total catastrophe” – such as in Libya.
In December of last year, this “other side” took over Damascus as Bashar al-Assad fled the country amid a jihadist onslaught out of Idlib, in the form of Jolani’s hardline Islamist Hayat Tahrir al-Sham and allied foreign fighters.
The last several days have seen these same jihadists conduct a genocidal ethnic cleansing campaign against Syrian Alawites and Christians along the coast. Many thousands of innocent civilians are dead. So much for the West’s supposed regime change ‘democracy promotion’ in support of terrorists ‘freedom fighter’ in the Levant.
Right-wing politicians are being shut out of Government across Europe, says Gavin Mortimer in the Spectator, as so-called ‘progressive’ elites in politics and the judiciary effectively rig what are supposed to be democratic elections.
Alarm grew as opinion polls indicated [Calin] Georgescu would win the second round [of Romania’s Presidential election]. Something had to be done, and it was. A couple of days before the decisive vote, Romania’s Constitutional Court annulled the first round because of alleged Russian interference. The court had perused some declassified intelligence documents that claimed 800 TikTok accounts had been activated shortly before polls opened. There was no evidence of voting irregularities in the election itself but the fact Russia had been active on social media was enough for the court to intervene.
At the time, Georgescu likened himself to Donald Trump: an anti-system candidate who was the target of Establishment ‘lawfare’. The Trump administration has subsequently cited Georgescu as an example of the EU’s creeping illiberalism.
In a speech at last month’s Munich Security Conference, Vice-President J.D. Vance expressed his astonishment “that a former European Commissioner went on television recently and sounded delighted that the Romanian Government had just annulled an entire election… these cavalier statements are shocking to American ears”.
The Commissioner in question was Frenchman Thierry Breton, who in a television interview in January boasted that “We did it in Romania and we will obviously do it in Germany if necessary”. He was referring to the upcoming German election and the possibility that the Right-wing Alternative for Germany (AfD) might win.
As it turned out, simply annulling Romania’s Presidential election didn’t derail the Georgescu bandwagon. Quite the opposite. He picked up momentum and polls showed that he would romp to victory in May’s re-run election. As I predicted in January, Romania’s elite wouldn’t allow this to happen.
And they haven’t. At the end of February, Georgescu was detained by police as he drove through Bucharest to file his candidacy in the election. He was indicted on six counts, among them false funding sources and false information in his last campaign. He was also barred from leaving the country and creating any new social media accounts.
Now he is barred from standing for President, a decision he has called a “direct blow to the heart of democracy worldwide”.
It’s part of a disturbing illiberal pattern, says Gavin.
In Germany, the AfD came second on 20% of the vote but has been shut out of Government in favour of the Left-wing Social Democrats, despite having had their worst performance since 1945.
In Austria, the anti-immigration Freedom Party won the election last October but still finds itself shunned by the other parties who have colluded to keep it side-lined.
And in France on March 31st a court will rule whether Marine Le Pen will be barred from office for five years over a charge of “misusing EU funds”.
This doesn’t end well.
The issues that these politicians represent – and simmering public anger about them – obviously aren’t going away, least of all while Left-wing parties cling to power despite losing elections and refuse to address them.
Geographic reasons make this a practical necessity if he wants to restore the US’ military presence at Bagram Airbase and/or return some of the equipment that Biden left there during the withdrawal.
Trump surprised many when he recently declared that he wants to restore the US’ military presence at Afghanistan’s Bagram Airbase and return some of the equipment that Biden left during the withdrawal.
He justified the first on the basis that it’s just one hour away from where China makes (likely meaning bases) its nuclear weapons and claimed that it now allegedly occupies Bagram.
The second, meanwhile, was justified due to the dangers presented by the Taliban selling this equipment to other groups.
Trump also expressed frustration that the US is allegedly spending billions of dollars each year helping to keep Afghanistan afloat.
Even if he successfully leverages foreign aid in advance of these interconnected military-strategic goals, which might be counterproductive if China replaces lost American support to entrench its influence in Afghanistan, then he’ll still likely have to cut a deal with Pakistan.
That’s because the most viable way for the US to access Afghanistan is from its traditional partner’s airspace and roads.
The problem though is that a growing number of issues have begun to beset their partnership. These include the US’ preference for India as its top regional partner in recent years, criticism of a military court’s conviction of 25 civilians a few months ago in connection with unrest over Imran Khan’s scandalous jailing, and newfound concerns about the true intentions of its long-range missile program. Pakistan is also disappointed that the US hasn’t taken its side over the Taliban amidst their tensions.
While it’s possible that Pakistan’s de facto military regime might literally sell out their nation’s abovementioned interests to let the US transit across its territory en route to Afghanistan if Trump reaches a deal with the Taliban, which is itself easier said than done, that can’t be taken for granted. They might very well bargain hard on some issues in order to receive more than just pecuniary benefits. This could take the form of demanding more military equipment and an end to alleged US meddling.
The first could be manipulated to create the optics of the US rebalancing its relations with India for the purpose of provoking an overreaction from the latter’s decisionmakers or media, while the second could silence criticism of Imran Khan’s scandalous jailing and relieve pressure on its missile program. Of course, another possibility exists, and it’s that Trump doesn’t negotiate fairly with Pakistan but instead ramps up pressure upon it and then promises to reverse what was just added in exchange for what he wants.
That could be accomplished via more official attention being paid to Imran Khan’s case in parallel with threatening the curtailment of existing military aid and sanctions over its missile program. All that would change if Pakistan capitulated to this newfound comprehensive pressure campaign is that the intensity would simply revert back to what it once was instead of remaining high. Instead of giving him what he wants, however, Pakistan might abandon its Sino-US balancing act to defiantly pivot towards China.
That might not be the best course of action from the perspective of Pakistan’s objective national interests since the US could deal a lot of strategic damage to its renegade partner in that scenario. Its military and political leadership could be personally sanctioned, all aid might be immediately withheld, and Trump could double down on the sale of the latest military-technical equipment to India. All of this could also be paired with sectoral sanctions, including secondary ones, for generating more unrest.
Nevertheless, none of this might come to pass since it’s ultimately dependent on Trump reaching a deal with the Taliban for returning to Bagram Airbase and/or returning some of its military equipment that Biden left in Afghanistan, neither of which should be taken for granted. It also remains unclear how serious Trump is about this since he might have just been spitballing like he’s known to sometimes do. Although unlikely, there’s also an out-of-the-box solution, which will now be touched upon.
In the event that a deal is reached with the Taliban but Pakistan remains obstinate in cutting its own with the US, then the US might reach a deal with the Central Asian Republics to facilitate the exit of US military equipment and/or allow the US military transit rights to return to Bagram. This corridor, which relies on the South Caucasus for access to the Eurasian Heartland, was in effect during most of the American occupation of Afghanistan and was referred to as the “Northern Distribution Network”.
In the contemporary geopolitical conditions, this could be achieved in coordination with Russia as a manifestation of the nascentRussian–US “New Détente”, the details of which are beyond the scope of this analysis but can be learned more about from the preceding four hyperlinked analyses. This wouldn’t be anywhere near as economical as securing transit through Pakistan, but it could suffice if that country refuses to cut a deal, and even the possibility might be enough to get its policymakers to reconsider.
Altogether, everything depends on how serious Trump is on reaching a deal with the Taliban; him successfully clinching such; and then the success of his efforts to reach a related one with Pakistan. It’s too early to tell either way in any of these three cases, but any progress on the first part would then put Pakistan in the spotlight, thus making this analysis very relevant. Until then, observers should casually monitor this issue, but they should also temper expectations about anything significant happening.
US Army’s Joint Light Tactical Vehicles Never Passed Required Armor Testing
In news that we’re certain will have Adam Schiff laying out a multi-national, multi-planetary conspiracy that can only be stopped by impeaching Donald Trump tomorrow, a new report from Bloomberg found that from 2017 to 2019, employees at Evraz North America Inc., a Russian-owned steel manufacturer, falsified quality control tests on armor plating used in the JLTV, according to an internal report and company officials.
The Joint Light Tactical Vehicle (JLTV), the U.S. Army’s successor to the Humvee, is designed to protect troops from bullets, mines, and explosives. At its Portland, Oregon facility, workers skipped mandatory hardness tests and fabricated results for about 12,800 armor plates, which were falsely labeled as approved. Some of these plates later developed cracks, raising concerns about their reliability in combat.
Oshkosh Defense LLC, a major military vehicle manufacturer, was a key customer for Evraz’s armor plates. The company produces the Joint Light Tactical Vehicle (JLTV), marketed as a “go-anywhere, do-anything” light tactical vehicle. Primarily used by the U.S. military, the JLTV has also been provided to Ukraine, Israel, Brazil, and Lithuania. As of last year, over 22,000 JLTVs had been built, each expected to last around 20 years, the report says.
It remains unclear how many of the 12,800 untested plates were installed on JLTVs or other military vehicles. Following an internal report, the FBI has visited multiple Evraz facilities over the past year. Authorities have also issued a subpoena requiring Evraz to preserve records related to its production processes, according to company officials and local media reports.
Bloomberg writes that in response to inquiries, Evraz North America stated that its internal report “examines quality control protocols” and reinforces its commitment to high-quality production. The company emphasized that its plates passed independent government-approved testing and that it has not received any client complaints. The military also conducts independent checks of armored plating to ensure its protective capabilities.
Despite this, Evraz launched an internal probe in late 2019 after allegations surfaced about lapses in quality control. A December 2019 report titled “Portland Plate Quality Inspections” found that, since November 2017, staff skipped mandatory hardness tests and manually entered fake results. The report emphasized that armor plates require 100% hardness testing to ensure strength and durability.
Interviews with four employees revealed that falsifying data was a common practice due to production pressures. Rather than testing each plate, workers would copy results from previously tested plates to keep the assembly line moving. The widespread issue, detailed in the confidential report, raises concerns about the integrity of armor plating used in military vehicles.
The U.S. Department of Education on March 11 announced that 1,315 employees—about half its workforce—will be laid off within 90 days as part of its ongoing cost-saving measures.
A senior official told reporters in a press call that the staff reduction addresses redundancies in the communications, human resources, information technology, and other offices within the department.
The affected workers were to be notified via email at 6 p.m. on March 11. The Washington, D.C., office will be closed on March 12 for safety protocols, and the senior official said the workers are expected to work remotely with full pay and benefits through March 21. They will then be placed on administrative leave, with pay, through June 9.
The laid-off staffers will be awarded severance payments based on their years of service, with the most senior members receiving up to 20 weeks of salary.
The agency said about 600 of its 4,133 employees have already agreed to leave voluntarily, including 313 who accepted $25,000 buyout offers last week.
Department of Education offices outside of Washington, including New York, Boston, Dallas, Chicago, and San Francisco, will be closed. The dates are based on current leases and were not revealed. The senior official said that after the closures, all employees will work in one building in Washington.
The senior official said the staff reduction will not affect any of the department’s services, including college financial aid loan and grants functions, Title 1 funding for low-income students, special education funding, and civil rights functions.
She said these decisions were carefully thought out and will make the agency more efficient.
“What we are doing now is not working,” she said. “It’s just not.”
The Department of Education noted that the pay for administrative leave and severance packages is pursuant to federal regulations and the provisions of the unionized employees’ contract.
“Today’s reduction in force reflects the Department of Education’s commitment to efficiency, accountability, and ensuring that resources are directed where they matter most: to students, parents, and teachers,” Secretary of Education Linda McMahon said in a statement.
“I appreciate the work of the dedicated public servants and their contributions to the Department. This is a significant step toward restoring the greatness of the United States education system.”
The Education Department said some divisions will require “significant reorganization to better serve students, parents, educators, and taxpayers.”
This latest cost-saving effort follows the cancellation of $900 million in contracts related to the department’s Education Sciences agency and $101 million in contracts linked to diversity, equity, and inclusion training in education.
Those planned reductions were verified last month.
President Donald Trump previously noted his intention to shrink the Department of Education, move its functions to other federal agencies or states, and eventually eliminate it.
McMahon supports Trump’s plan to dissolve the department and eliminate her position after the agency’s functions and funding streams are moved to other federal agencies or states.
She previously told federal lawmakers that only Congress, which created the agency in 1979, has the authority to eliminate it.
Last week, McMahon said she would continue working with the Department of Government Efficiency to identify potential departmental reductions. Only 47 cents of every dollar her agency provides to states makes it to classrooms, she said, and most of the federal money is spent on compliance with regulations.
Countdown Has Begun To Resumption Of Attacks On Red Sea Shipping: Houthis
The Houthis of Yemen (Ansar Allah) have announced on Tuesday the countdown has begun to the resumption of attacks on Red Sea shipping and military vessels patrolling the waters.
The Iran-backed Shia group which has effectively been at war with Israel since the Oct.7 2023 Hamas attacks and beginning of the subsequent Gaza war has issued a new deadline for Israel to lift restrictions on humanitarian aid to the Strip.
“Confirming the readiness of the Yemeni naval operations, whose mission is to confront the Israeli American starvation and terrorist siege of Gaza,” an Ansar Allah spokesman Mohamed Ali Al-Houthi, posted in an Arabic statement on X.
“Any escalation will be the responsibility of the Israeli and American enemies,” the statement added. The Houthis had paused their long-running attacks on Red Sea vessels – both merchant ships and military – when the Hamas-Israel truce and hostage exchange deal took effect.
Deputy Head of Ansar Allah’s Media Authority Nasruddin Amer on X:
“Only hours separate us from announcing the closure of the sea to Zionist navigation if the efforts of the mediators fail to pressure the Zionist enemy to adhere to the agreement and lift the siege on Gaza.”
But when Israel starting last week blocked humanitarian aid and fuel shipments into the Gaza Strip, which has also more lately included the cutting off of remaining electricity supplies, the Houthis warned to restore the aid or else face resumed attacks.
The group’s leader last Friday had declared a four-day deadline before attacks on shipping would resume. That four day timeline is about to end by close of Tuesday, which means the Red Sea could be fiery scene of drone and missile attacks out of Yemen once again.
Since 2023 over 100 missile and drone attacks on commercial vessels have occurred in the Red Sea and the Gulf of Aden. The Houthis have also downed several MQ-9 Reaper drones operated by the Pentagon.
A US-led naval coalition which began under the Biden administration has been able to do nothing in terms of putting a dent in Houthi capabilities, even after several bombing raids on Yemen, also at times including Israeli and UK jets.
After a decade-long American effort to remove Syrian President Bashar al-Assad from power in Damascus, Senator Lindsey Graham says the US-backed jihadists that now control the country are causing more concern than ever.
In an interview on Fox News Sunday, Graham explained that he had “never been more worried about the deterioration of Syria than I am now.” The senator was discussing an outbreak of violence in the country, where forces aligned with the new government are conducting mass executions targeting the Alawites and other religious minorities.
Under President Barack Obama, Washington provided training and arms for Assad’s opposition, hoping to remove him from power and undermine Iran’s regional influence. However, the most powerful rebel factions were violent jihadists, a fact acknowledged in a 2012 internal memo circulated by Obama’s Defense Intelligence Agency (DIA).
During Trump’s first administration, he ended US support for the Sunni opposition, but enforced sweeping sanctions on Damascus that prevented the government from crushing Syrian al-Qaeda, led by Abu Mohammad al-Jolani and then concentrated in the country’s Idlib province.
At least some support for the rebels resumed during the Joe Biden presidency. In 2024, equipped with Ukrainian drones, Jolani’s forces went on the offensive, capturing Damascus and forcing Assad to flee the country.
Jolani and his organization – Hayat Tahrir al-Sham (HTS), a jihadist umbrella group – then seized control of the country. After dubbing himself the new Syrian leader, Jolani was embraced by Washington and its allies. Last week, when violence broke out in Syria’s coastal region, HTS responded by killing hundreds of Alawite civilians.
The events of the past weekend left Senator Graham questioning whether the US could still work with Jolani and HTS. “Is this al-Qaeda or ISIS-light or is this some new form of Islam that we can all live with?” he asked, adding that before any sanctions were removed, Jolani must comply with unspecified conditions.
Graham has supported the regime change operations against Assad for well over a decade. In 2012, he argued, “We need to form a coalition to help arm the rebels, as well as create no-fly and no-drive zones to stop the slaughter by the Assad regime. I cannot say with certainty what will follow Assad but I can say with certainty that Assad must go, sooner rather than later.”
“If America is seen as being helpful in ending the slaughter of the Syrian people, it will allow us to have a stronger, future relationship with Assad’s eventual successor,” he continued. “Replacing Assad in Syria is critical to regional stability, a major blow to the Iranian regime and will bolster our national security interests.”
The next year, the senator acknowledged that “radical Islamists are hijacking [the Syrian] revolution.” However, that did not sway Graham’s support for regime change.
In 2015, the South Carolina lawmaker argued that the US should prioritize taking out Assad to fighting the jihadists. “How can we train a Free Syrian Army or send any other force into Syria if we don’t first deal with the Assad air threat?” he said, referring to the country’s supposedly “moderate” rebel FSA faction.
During the first Trump administration, in 2020, Graham called for the creation of a no-fly zone in Idlib to protect HTS and its jihadi allies from Syrian government airstrikes. “The world is sitting on its hands and watching the destruction of Idlib by Assad, Iran, and the Russians. This is one of the greatest humanitarian disasters in decades and the brutal aggression of Assad supported by Iran and Russia needs to come to an end,” he said at the time.
“I very much appreciate Turkey’s intervention in Idlib. It is now time for the international community to establish a no-fly zone to save thousands of innocent men, women, and children from a horrible death,” Graham added.
