US Southern Command Bombs Two Alleged Drug-Running Boats, Killing at Least Five People

US Southern Command on Tuesday announced that its forces launched three separate strikes on alleged drug-running boats in the waters of Latin America the night before, blowing up three small vessels and killing at least 11 people. The command said that two of the boats were targeted in the Eastern Pacific Ocean, where eight people […]

Meta Raising $13 Billion SPV For Texas Data Center As Its CDS Hits Record Back in January, just days before the latest private crash swept across markets, we reminded readers that one of the biggest abusers of private credit SPVs was none other than Meta which as of 2025 was "already neck deep in off-balance sheet debt." We then showed a schematic of its $27.3 billion SPV with private credit ground zero - Blue Owl - titled "Project Beignet", which was created for Meta's Hyperion data center, "none of this...

What Would Be Truly Bullish? Actually Fixing What's Broken Authored by Charles Hugh Smith via Of Two Minds, We've come to an interesting juncture in history, interesting because while we're being assured that AI will solve all problems, including any it creates, back in the real world, AI is incapable of fixing what's broken because too many people are getting rich off the status quo, and since the status quo is the problem, those who own / control AI will use it to maintain the status quo, guaranteeing that what's broken...