PODCAST: Why This Recession is Different

As the Trump administration continues to grapple with the fallout from the betrayal of its core campaign promise to abandon the cycle of endless wars in the Middle East that have marred U.S. history since the dawn of the new millennium, the American public isn’t the only target of the barrage of propaganda it has […]

Epstein-itis Authored by James Howard Kunstler, "If you tolerate the intolerable, you’re communicating that it’s okay to mistreat you." - Aimee Terese on X Did you think the American zeitgeist - our collective spirit plus our thinking - could not get crazier? Gird your loins. It’s getting worse by the hour. The Jeffrey Epstein files suggest that people will do anything and that people will believe anything. Pizza, hot dogs, white sharks. . . boys, girls, babies, teens, Russian whores. . . celebrities by the score. . . billionaires. . . cannibal orgies. . . vivisection parlors. ....

"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.  According to Insider, Blue Owl - which is also...