Article
The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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Apr 14, 2026 / Tyler Durden
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Authored by Mriogakshi Dixit via Interesting Engineering,
In the dizzying heights of a chemical storage facility, a new kind of worker is punching in. China has reportedly deployed its first “embodied” intelligent humanoid robot designed for high-risk industrial operations.
Embodied AI robot can be seen working on the wall of a large chemical storage tank in testing.CCTV PLus
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Apr 7, 2026 / Tyler Durden
VP Vance Visits Hungary To Support Orban Ahead Of Election, Blasts EU "Interference"
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Authored by Kimberley Hayek via The Epoch Times,
U.S Vice President JD Vance arrived in Budapest on April 7 for a two-day visit aimed at bolstering Hungarian Prime Minister Viktor Orban’s campaign, ahead of Hungary’s parliamentary elections on April 12.
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“I’m looking forward to seeing my...
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Apr 16, 2026 / Tyler Durden
Secret Service Targets Thieves Stealing SNAP Benefits In Texas
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Authored by Jill McLaughlin via The Epoch Times (emphasis ours),
Fraudsters used special devices to skim card information from electronic devices used to read food stamp cards in northern and central Texas, the U.S. Secret Service’s Dallas Field Office reported April 15.
A U.S. Secret Service agent, in this file photo. Madalina Kilroy/The Epoch Times
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