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California's Billionaire Tax Proposal Has 'Slippery Slope' Lever

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Jun 16, 2026 / Tyler Durden
Are Banks More Powerful Than Governments?
Are Banks More Powerful Than Governments? Authored by Mollie Engelhart via The Epoch Times, Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution. What if the most powerful institutions in America are not governments at all? What if they are banks and payment processors? A few years ago, during COVID-19, a friend of mine owned a small shop in Northern California. It was the kind of place many young mothers loved. They sold raw milk,...
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Oct 21, 2026 / Tyler Durden
Franklin Templeton Warns: No One Is Ready For A Eurozone Debt Crisis 2.0
Franklin Templeton Warns: No One Is Ready For A Eurozone Debt Crisis 2.0 New curfews in major French cities have helped contain the weeks of social unrest marked by far-left radicals and migrants burning buildings, looting mom-and-pop and luxury stores, and clashing with police. President Emmanuel Macron's failing government still faces another emerging issue: an alarming debt burden and a welfare state on the brink of collapse, addicted to decades of large deficits. Franklin Templeton's chief investment officer for fixed income, Sonal Desai, warned that deteriorating finances could ignite another euro-area...
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Oct 10, 2026 / Tyler Durden
Riyadh's International Airport Suspends All Operations After Mass Casualty Houthi Missile Barrage
Riyadh's International Airport Suspends All Operations After Mass Casualty Houthi Missile Barrage On Saturday Yemen's Houthis have once again pummeled Saudi Arabia's King Khalid International Airport in Ryiadh with a volley of ballistic missiles. A major emergency response has ensued with dozens of ambulances at the scene, and a total evacuation of the major flight hub. In this fresh instance, which comes after multiple attacks on the kingdom's civilian aviation hubs stretching back at least a week, there appears to be mass casualties as a result. Result of the prior October 8 attack...
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