Irán

Darüber sollten wir reden: Februar 2026

Im Rückblick auf den Monat Februar 2026 sprechen Christian Janisch und Michael Karjalainen-Dräger u.a. über folgende Themen: den Angriffskrieg der USA und Israel gegen den Iran, die Pläne für ein „Greater Israel“, den grünen Wahlsieg bei den Nachwahlen in Manchester, ein Jahr Bundesregierung in Österreich, Dompfarrer Toni Faber und den Zölibat, William Shatners Heavy Metal Debut, Marc Elsbergs neuen Roman, die Winter-Olympiade und den norwegischen Da Vinci-Code.

Cover image for Darüber sollten wir reden: Februar 2026

THE SYSTEM WITHOUT ACCOUNTABILITY

The U.S. national security state operates through a black budget system engineered to bypass public oversight, using classification, private contractors, and fiat money to wage wars and run covert operations with zero accountability. The petrodollar gave Washington a financial incentive to dominate the Middle East and destroy any government that threatened dollar supremacy, all funded invisibly through debt and monetary expansion. Hard structural reforms, including Bitcoin’s fixed monetary rules and genuine congressional oversight, are the only way to force these costs into the open, because a system this corrupt cannot be fixed by trusting better people to run it.​​​​​​​​​​​​​​​​

Cover image for THE SYSTEM WITHOUT ACCOUNTABILITY

Markets Crack Under Weight of Earnings Disappointments and Geopolitical Shocks

Markets face pressure from multiple directions. Banks are reporting profit growth but stocks are falling on quality concerns. China is blocking chip imports the day after US approval. Precious metals and oil are hitting multi month highs on geopolitical tensions. Luxury retail is filing bankruptcy. Tech is underperforming as money flows to defensive sectors. Goldman Sachs and Morgan Stanley reporting today will determine if investment banking weakness is isolated to JPMorgan or industry wide. TSMC's earnings and guidance will show if chip capex spending continues despite China blocking imports and demand uncertainty rising. The overall market mood is cautious. Uncertainty around Fed independence from the Powell investigation, escalating geopolitical risks with Iran, and disappointing earnings quality are weighing on sentiment. The S&P 500 sits just 30 points from the psychological 7,000 level but momentum is fading. Thursday's earnings from Goldman, Morgan Stanley, and TSMC will either stabilize sentiment or accelerate the rotation out of tech and into defensive positioning.