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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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Mar 25, 2026 / Tyler Durden
Jury Finds Meta and Google Liable in Landmark Social Media Addiction Trial
Jury Finds Meta and Google Liable in Landmark Social Media Addiction Trial A jury in Los Angeles Superior Court reached a verdict Wednesday in a major "social media addiction" personal-injury trial  -  finding both Meta Platforms Inc. (Instagram) and Google (YouTube) liable for harms suffered by the plaintiff. Lawyer Mark Lanier, of the plaintiff Kaley G.M., arrives at court in a key test case accusing Meta and Google's YouTube of harming children's mental health through addictive social media platforms, in Los Angeles, California, U.S., March 25, 2026. REUTERS/Mike Blake The jury awarded the plaintiff - a...
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Apr 8, 2026 / Dave DeCamp
Iranian Media: Iran Halting Traffic Through the Strait of Hormuz in Response to Israel’s Attacks on Lebanon
Iranian media reported on Wednesday that Iran has halted traffic through the Strait of Hormuz in response to Israel’s escalations and its continued bombing campaign in Lebanon. “The passage of oil tankers through the Strait of Hormuz has been halted following Israel’s attacks on Lebanon,” Iran’s Fars news agency has reported. Pakistan Prime Minister Shehbaz […]
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May 11, 2026 / Tyler Durden
"You Just Can't Earn A Billion Dollars": AOC Declares Billionaires To Be A Capitalist Myth
"You Just Can't Earn A Billion Dollars": AOC Declares Billionaires To Be A Capitalist Myth Authored by Jonathan Turley, This week, Rep. Alexandria Ocasio-Cortez (D-N.Y.) came up with the best reason to tax billionaires: They do not actually exist. On a podcast, Ocasio-Cortez declared with all the certainty of a freshman in a Smith College political science course that the notion of a self-made billionaire is simply a fantasy, because “you just can’t earn” a billion dollars. It is only the latest in a series of socialist fables that are being dressed up as...
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