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

Germany Is Now Officially A Planned Economy Authored by Eduard Braun via Mises Institute, Germany’s push for a social-ecological market economy rests on far-reaching state interventions in energy and industry, including a government-driven hydrogen strategy. In a recent report Germany’s Federal Audit Office explicitly describes the policy as a planned economy and highlights fundamental problems. At the same time, it doubts that the government will reach its own targets, indicating that these climate-policy experiments are likely to fail even on their own terms. Germany’s “social-ecological transformation” is the political program of turning...

The High Man In The Castle By Michael Every of Rabobank The world is again waiting to see what comes out of US-Iran peace talks in Pakistan as the two-week ceasefire deadline looms. Again, it’s a binary outcome: war, with threatened strikes on bridges and power plants in Iran, then perhaps regionally, and an extended closure of Hormuz; or peace, and energy and key goods flowing again. The markets have decided peace will be the outcome. Because markets. Yes, there are times when bad news logically justifies a rally, e.g., in a...

Vince Vaughn Blasts Late-Night TV: "They All Became The Same Agenda-Based Show" During a recent podcast with Theo Von, Actor Vince Vaughn calls out late-night comedians, says people like Jimmy Kimmel, Stephen Colbert, and others have all become the “SAME SHOW.” Via @VigilantFox: THEO VON: “A lot of the late shows have struggled.” VINCE VAUGHN: “Oh, bro.” THEO: “Because… the only person they could make fun of at a certain point was just like white redneck kind of people. And it f*cking tanked [ratings].” VINCE: “I think that the talk shows, to a large part, became really agenda-based.” “They...