At the US-Saudi Investment Forum on November 19, 2025, entrepreneurial titan Elon Musk shared with his audience his vision of the future shaped by advances in artificial intelligence (AI) and robotics. Among other things, Musk said: “And my guess is, if you go out long enough—assuming there’s a continued improvement in AI and robotics, which seems likely—money will stop being relevant.”

The Trump administration’s killings of scores of Venezuelans are provoking outrage across the Western Hemisphere. Secretary of War Pete Hegseth recently proclaimed, “We have only just begun to kill narco-terrorists.” President Trump and Hegseth are cashing a blank check for carnage that was written years earlier by President Barack Obama.

In his 2017 farewell address, Obama boasted, “We have taken out tens of thousands of terrorists.” Drone strikes increased tenfold under Obama, helping fuel anti–U.S. backlashes in several nations.

Federal interest payments are now huge thanks to rising interest rates. The Fed may soon intervene in a big way in an effort to force down yields on Treasurys.