A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono

US Southern Command said on Monday that its forces blew up another alleged drug-running boat as the Trump administration continues the extrajudicial executions at sea. SOUTHCOM said the vessel was targeted in the Caribbean Sea, and it offered no evidence to back up its claim that the boat was carrying drugs, something the Pentagon has […]

The AI Trade: Now With Less Circle And More Jerk Submitted by QTR's Fringe Finance As if markets didn’t already have enough to worry about heading into the weekend — an escalating conflict involving Iran, growing stress in private credit, and the ongoing annoyance of positive real interest rates — one of the “AI will solve everything, just add capex” deals that everyone in markets have been quietly laughing about while investing in for the past year has officially started to unravel. According to Bloomberg, Oracle Corporation and OpenAI have scrapped plans to expand...

Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook. The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts. BRP wrote in a statement: For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...