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Sovereign Debt Crisis: The French Left Wants To Simply Burn The Debt

Sovereign Debt Crisis: The French Left Wants To Simply Burn The Debt Submitted by Thomas Kolbe For economic illiterates, socialists and social-state engineers, the world consists of one fundamental problem: Where does the credit come from that is supposed to turn the visions of central planners into a new reality? Once that question has been answered and the shaky financing is in place, the work can begin. Ideally, socialists operate in a zero-interest-rate world in which even the most nonsensical projects, from the nuclear phase-out to the construction of wind turbines in...
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Jul 9, 2026 / Dave DeCamp
Iran Targets US Bases in Bahrain, Kuwait, Qatar, and Jordan Following Major US Airstrikes
Iran’s military on Thursday launched attacks on US bases across the region following a second round of major US airstrikes against Iran, as the US-Iran Memorandum of Understanding to end the conflict has collapsed. According to Iran’s PressTV, the Iranian army initially launched a “massive barrage” of kamikaze drones targeting a Patriot missile system in […]
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Sep 12, 2026 / Tyler Durden
Sweden Discovers That Deporting Immigrant Gangsters Reduces Crime...
Sweden Discovers That Deporting Immigrant Gangsters Reduces Crime... Authored by Mike McDaniel via AmericanThinker.com, Among the things a police career taught me is that a small number—usually single digits—of felons commit most felonies. They’ll draw in other criminals, involve them in their crimes, and when convenient, abandon them to arrest. There is no honor among thieves. And the number of the most prolific felons increases and decreases slightly from place to place, and in relation to the specific type of crime. In some places, crooks specialize in home or business burglaries. In...
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Apr 14, 2026 / Tyler Durden
With Private Credit We See The Credit Cycle Hasn't Been Repealed
With Private Credit We See The Credit Cycle Hasn't Been Repealed Authored by Jay Rogers via RealClearMarkets.com, Something cracked in private credit this month, and the men who manage systemic risk for a living are saying so. Goldman Sachs CEO David Solomon's just-released 2025 annual shareholder letter warns that concerns about private credit - including "underwriting quality or exposure to software companies that may be negatively affected by AI" - are "a reminder that the credit cycle has not been repealed." His predecessor Lloyd Blankfein went further on Bloomberg's Big Take...
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