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Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge
Baltic States Warn Of Unfunded Debt Surge For Europe's Defense Splurge
In a rare outbreak of sanity from the continent that perfected kicking the can, officials on NATO’s eastern front are openly admitting what Brussels and Frankfurt have spent years denying: you can’t fund a permanent war footing with infinite borrowing and hope the bond market never notices.
Estonia’s outgoing ECB rate hawk Madis Muller dropped the red pill in parliament Thursday, bluntly telling lawmakers that jacking up budget deficits to pay for the defense surge is no long-term solution. “These...
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May 28, 2026 / Tyler Durden
Remarkable Turns Of Events
Remarkable Turns Of Events
By Michael Every of Rabobank
It’s remarkable screen oil prices are little changed at below $100 today after Trump said the US is “not satisfied” over talks with Iran, days after claiming a deal was imminent, and hours after saying the terms the Iranians had leaked that the US agrees to --a real TACO-- were a “complete fabrication.”
It’s more remarkable when Trump added Iran and Oman will not control the Strait of Hormuz, which they say they will; vowed to blow up Oman if it misbehaves; struck...
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May 18, 2026 / Tyler Durden
Japanese Company Simplifies Ketchup Packaging Amid Ink Shortage Tied To Middle East Conflict
Japanese Company Simplifies Ketchup Packaging Amid Ink Shortage Tied To Middle East Conflict
Kagome is revamping the packaging of several ketchup products after supply disruptions made white printing ink harder to source, according to Japan Today. The shortage stems from raw material constraints tied to the conflict in the Middle East.
Under the redesign, bottles of Kagome Tomato Ketchup will no longer feature the brand’s usual full white-and-red label. Instead, part of the bottle will be left clear, creating a more minimal look. Kagome said switching to a different ink is...
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Feb 24, 2026 / Robert P. Murphy
Milei Defends Capitalism and Austrian Economics at the WEF
This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto efficiency and the welfare theorems.
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