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Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Air Canada CEO Out After Admitting In PR Video That He Can't Speak French
Michael Rousseau is on his way out as head of Air Canada, after a crisis response that somehow made a bad situation worse - and then kept digging.
The backdrop: a fatal March 22 crash at LaGuardia Airport involving a flight from Montreal to New York City. Two pilots were killed.
Rousseau responded with a video offering his “deepest sorrow for everyone affected,” but delivered almost all of it in English, tossing in a token “bonjour” and “merci”...
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Jun 24, 2026 / Tyler Durden
Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise
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Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs).
The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade.
That rally ran out...
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Jul 13, 2026 / Ludwig von Mises
Interventionism
The central essay: interventionism as a supposed economic system, the real nature of intervention, and how price ceilings, minimum wages, and similar measures defeat their own aims—leaving only a choice between the free market and socialism.
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May 24, 2026 / Tyler Durden
Colbert Blames Trump, But Massive Losses Killed His Show
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