When capital rotates toward safe assets and commodity prices edge higher, working households absorb the first shock.
Here's what to watch for:
As of yet, G7 nations have not decided to release strategic oil reserves. No barrels have moved.
But for millions of working people around the world, the damage is already done.
Who pays when oil spikes?
Read the latest:
substack.com/@crisismonit...
Early Monday, Brent crude jumped to nearly $120/barrel in under two hours. It pulled back to ~$102 after reports that G7 finance ministers would discuss releasing 300–400 million barrels from emergency reserves, but this spike revealed that the market is reacting to the news cycle.
There's a story the financial press isn't telling you. Not because they're hiding it—though some are—but because it's too big and complex for them to tell. It's a war story. It's a tech story. It's a banking story. It's the story of what happens when systems we were told were stable suddenly aren't.
The story you've been told about this war is comfortable: Israel finally got its war by manipulating a reluctant America. Netanyahu played Trump. If only we had a different president, if only Tel Aviv had less influence, none of this would be happening. That story is wrong.
Read:
Black and indigenous communities have always been that low ground in America.
Not by accident. By design.
Read more:
substack.com/@crisismonit...
The bombs falling on Iran today will land in your bank account tomorrow. But they won't land evenly.
When crisis hits—and it is hitting—it will move through the economy like water: seeking the lowest ground, finding the cracks, pooling where resistance is weakest.
Five things happening while you're watching the war:
1. Energy spiking
2. April 1 bank deregulation lands in 29 days
3. Private credit cracking
4. Banks tightening
5. Dimon positioning to manage the fire
Crises pile on. The full story coming soon.
Watching this conflict unfold, I found myself thinking about Michael Parenti, who we lost this year. He would have recognized the machinery immediately: the economic forces beneath the rhetoric, the reality invented to justify power, the way empire consumes even those who think they're directing it.
The bombs falling on Iran today will land in your bank account tomorrow. The war was always going to happen—not because of an imminent threat, but because too many interests had too much to gain. The rest of us are just now catching up to what capital already knew.
Read more:
The bombs falling on Iran today will land in your bank account tomorrow. The war was always going to happen—not because of an imminent threat, but because too many interests had too much to gain. The rest of us are just now catching up to what capital already knew.
Read more:
For everyone confused about Trump encouraging a coup in Iran: a capitalist faction there wants to open the country to Western imperialism, willing to sacrifice their own people for capital. Same class interests, different flags.
Watching this conflict unfold, I found myself thinking about Michael Parenti, who we lost this year. He would have recognized the machinery immediately: the economic forces beneath the rhetoric, the reality invented to justify power, the way empire consumes even those who think they're directing it.
Can a nation be free if it oppresses other nations? It cannot.
The working class was the subject of the Anthropic/Pentagon fight—we just weren't in the room. xAI gets the contract. We get the surveillance. New piece.
For everyone confused about Trump encouraging a coup in Iran: a capitalist faction there wants to open the country to Western imperialism, willing to sacrifice their own people for capital. Same class interests, different flags.
The working class was the subject of the Anthropic/Pentagon fight—we just weren't in the room. xAI gets the contract. We get the surveillance. New piece.
The defeat of Nazism was a Soviet victory. Liberals can't claim it because their heroes (Churchill, FDR) delayed the second front, considered making peace with Hitler, and only joined when attacked. The Red Army did the real work. Obsessing over the pact lets them avoid acknowledging that.
Playbill: Anthropic vs the Pentagon. The "ethical AI" company already helped capture Maduro. The "national security" state always gets what it wants. Both tapdance while the working class, who will be surveilled, has no seat at the table.
The party apparatus didn't seize power—the working class was too shattered to hold it. That's not "leaders bad." That's what imperialist war does to revolution. Anarchist simplicity feels good to you, but a material tragedy actually tells the story.
The Khrushchevite takeover wasn't "aligned interests of those in power." It happened because the Soviet working class was devastated by WWII—millions dead, exhausted, focused on survival. The class that should have controlled the party was too depleted to do so.
