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Lavrov Says 'Start Of Real War' Emerging As Russia Deepens Diplomatic Freeze With Germany
Lavrov Says 'Start Of Real War' Emerging As Russia Deepens Diplomatic Freeze With Germany
More tit-for-tat between Russia and Germany amid a deepening diplomatic freeze related to the Ukraine war: the Kremlin announced on Monday that it is closing Germany's consulate in St. Petersburg, with operations ordered to by suspended by September 18.
"It was the German authorities who, once again, provoked a new round of escalation in bilateral relations," the Foreign Ministry stated, charging that Berlin "bears full and complete responsibility" for the consequences.
A prominent German culture center which has long operated...
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Jul 14, 2026 / Tyler Durden
Here Is What America's Largest Banks Reported In Their Q2 Earnings Reports
Here Is What America's Largest Banks Reported In Their Q2 Earnings Reports
In terms of perceived report quality relative to positioning, the ranking appears to be Goldman Sachs first, followed by Bank of America (pending guidance), then Wells Fargo, and finally JPMorgan. The broader theme across the group was fairly consistent: NII was generally underwhelming, fee income was strong as expected, capital markets results were very strong, and there was a clear halo effect from the strong deal calendar (SpaceX IPO most notably) that benefited equities trading. At the same...
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Jun 30, 2026 / Tyler Durden
Democrat Politicians Are Being Attacked By The Woke Mob They Helped Create
Democrat Politicians Are Being Attacked By The Woke Mob They Helped Create
If modern history has taught us anything, it's that one should never align one's self with zealots. They might be useful for creating momentum and pushing your agenda forward at the time, but eventually they will deem you inadequate to their standards, because frankly, no one is actually capable of meeting their standards.
The political left's shift into radical communism (and radical Islam) is accelerating rapidly, with a number of incumbent and "centrist" Democrat politicians being unseated by...
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Aug 11, 2026 / Tyler Durden
The Alchemy Of Wealth Taxation
The Alchemy Of Wealth Taxation
Authored by Robert Blumen via The Mises Institute,
“Transmutation” is the process of changing one substance, element, or form into another.
We owe this word to the ancient pursuit of alchemy, which sought to accomplish the artificial production of gold from base metals. While it is now considered a pseudo-science, in our rational age, its aspirations survive in currently popular proposals for taxing billionaires.
The most advanced of these proposals is California Prop 40. Appearing on this fall’s ballot, if passed, would levy a “one time” balance sheet tax of five percent...
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