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Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies

Japanese Bonds Crater After PM Takaichi Prepares To Issue Much More Debt To Pay For Gasoline Subsidies While it may seem like every government these days - not just Emerging but certainly all Developing countries too - has become a banana republic in light of the increasingly more idiotic fiscal and monetary policies adopted to kick the can at least until the next election, nobody is quite as cartoonish as Japan, the place where all modern-day central bank experiments started in the late 1980s. While on one hand the Japanese finance ministry...
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May 18, 2026 / Tyler Durden
Escobar On Xi's "Constructive Strategic Stability"
Escobar On Xi's "Constructive Strategic Stability" Authored by Pepe Escobar, If all of us are magnanimous enough, we might infer that Xi and Trump agreed on a three-year stability framework. The headline on the front page of China Daily this past Thursday was a thunder and lightning “Red-carpet welcome for Trump in Beijing”. Well, complete with electric jumpin’ children waving flowers and a visit to the Temple of Heaven, built in 1420, symbolizing the connection between heaven and humanity. Youth meet tradition. The generation that will lead fully modernized China meets deep History. A...
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Jul 29, 2026 / Tyler Durden
California Democrats Attempt To Sabotage Voter ID Initiative
California Democrats Attempt To Sabotage Voter ID Initiative In November, California voters will have the opportunity to vote on Proposition 39. The measure, officially the Voter Identification, Citizenship Verification, and Registered Voter List Administration Initiative, would require Californians to show identification when they vote and force state officials to clean up the voter rolls and verify that the people on them are eligible citizens. All signs suggest it will pass. A poll from the UC Berkeley Institute of Governmental Studies found in May that 71% of Californians support requiring proof of...
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Jun 4, 2026 / Jason Ditz
Israeli Attacks Kill Four in Lebanon as ‘New Ceasefire’ Doesn’t Stop Strikes
On Wednesday evening, it was announced that Israel and Lebanon had agreed to a new ceasefire. Officials, of course, have been reporting that there has been a ceasefire between the two sides since mid-April, but several hundred people have been killed in the fighting that’s gone on during that “ceasefire.” This latest deal was described […]
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