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Debt Crisis Back? European Bond Markets Crash, CDS Explode Amid France Budget Panic Contagion
Debt Crisis Back? European Bond Markets Crash, CDS Explode Amid France Budget Panic Contagion
It's starting to smell awful sovereigny crisisy in Europe all over again.
In a vivid deja vu to the peak European debt crisis days of 2010 (and 2011... and 2012... and 2015), credit spreads, credit default swaps and the risk premium in euro-area government bonds exploded on Thursday to levels not seen in over a decade, following a rout sparked by concerns around France’s fiscal and political situation which in addition to local social chaos, is starting...
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Jul 31, 2026 / Tyler Durden
From Nazi Tats To Kissing Cousins: Maine Democrats Go Full Jerry Springer
From Nazi Tats To Kissing Cousins: Maine Democrats Go Full Jerry Springer
In the span of a few weeks, Maine Democrats replaced their U.S. Senate nominee amid a cascade of personal controversies, with a guy who's been banging his 2nd cousin for years.
Platner's Collapse
Graham Platner, a Marine Corps veteran and oyster farmer, had emerged as a progressive populist challenger to five-term Republican Sen. Susan Collins. He secured the Democratic nomination in June 2026 despite a string of earlier controversies that included inflammatory Reddit posts, reports of sexually explicit texts sent...
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Sep 14, 2026 / Tyler Durden
US Data Centers To Burn More Natural Gas Than Most Nations
US Data Centers To Burn More Natural Gas Than Most Nations
Several weeks ago, we explained why most data center developers favor on-site gas power: it boiled down to two main reasons - availability (especially since modular nuclear power for commercial 'behind the meter' use is still in the distant future) and price. Furthermore, a recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industrial electricity tariffs, making continued generation from on-site assets the cheaper option in many cases.
As we discussed in late...
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Aug 18, 2026 / Tyler Durden
Meta Faces Unprecedented Legal Reckoning Over Youth Mental Health As Massive Multistate Trial Begins
Meta Faces Unprecedented Legal Reckoning Over Youth Mental Health As Massive Multistate Trial Begins
Meta Platforms is facing a critical juncture in its battle over youth online safety. Just weeks after suffering a massive legal defeat in New Mexico, the parent company of Facebook and Instagram is now defending itself in a California federal court against a bipartisan coalition of 29 states. The states say Meta deliberately designed its platforms to addict children and harvested their data in violation of federal law.
The California Showdown
A sweeping multistate trial opens Tuesday in...
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