Moloch in the Regulatory State

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...

Federal Judge Dismisses Trump's Defamation Lawsuit Against The Wall Street Journal Over Epstein Birthday Letter Report A federal judge in Miami dismissed President Donald Trump’s defamation lawsuit against The Wall Street Journal (and related defendants including its parent company Dow Jones and Rupert Murdoch) on April 13, 2026, ruling that the complaint failed to adequately plead the “actual malice” standard required for public figures. President Donald Trump departs the White House on March 11, 2026. Madalina Kilroy/The Epoch Times U.S. District Judge Darrin P. Gayles issued a 17-page order dismissing the case...