The Silicon Valley Bank collapse wasn’t unique, it was just first

Iran Foreign Minister Claims U.S. Attacked Water Desalination Plant First we warned that data centers would become drone targets, and then IRGC strikes hit Amazon AWS and Microsoft-linked AI infrastructure across the Gulf. Next, we flagged water desalination plants as another target. Now, with reports that a desalination facility in Iran has been struck, it is increasingly clear that this conflict has no boundaries when it comes to civilian infrastructure. On Saturday morning, Iranian Foreign Minister Seyed Abbas Araghchi took to X and claimed that U.S. military forces had "committed a blatant...

Coinbase Opposes Stablecoin Compromise In Senate Crypto Bill: Report Authored by Jesse Coghlan via CoinTelegraph.com, Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting on Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange. A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges,...

In memory of Roger Garrison, Bob walks through Garrison's famous capital-based macroeconomics diagrams, showing how they translate the Mises-Hayek theory of the boom-bust cycle into the language of modern macroeconomics.