Inflation, Communication, and Noise

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...

Did the Declaration of Independence carry a hidden message of abolition of slavery? Justice Clarence Thomas and historian Harry Jaffa believe that, but legal scholar Wanjiru Njoya holds that such an interpretation pushes the envelope too far.

US Targets Hamas Support Networks Authored by Naveen Athrappully via The Epoch Times (emphasis ours), The Department of the Treasury's Office of Foreign Assets Control (OFAC) is sanctioning four individuals associated with a pro-Hamas flotilla that is trying to access Gaza in support of the terrorist group, the department said in a May 19 statement. Hamas terrorists secure an area before handing over an Israeli American hostage to a Red Cross team in Gaza City on Feb. 1, 2025. Photo by SAEED JARAS/Middle East Images/AFP via Getty Images The flotilla is organized by...