...lending to governments and their agencies now more important than lending to industries...The new Basel 3 regulations seem set to encourage this trend, despite retail depositors being accorded a stable funding status...

What could go wrong?

“Iran has no credible civilian need for uranium metal R&D and production, which are a key step in the development of a nuclear weapon.”

EU apparently sees border walls as sometimes OK...

“If people don’t object to this now, their grandchildren will be wearing masks in the 2050s, although nobody will remember why,”

Estonia's St. Petersburg consul "caught red-handed" has now been given 48 hours to leave Russia...

Western exceptionalists may continue to throw a fit 24/7 ad infinitum: that will not change the course of history.

It represents an implicit warning against governmental encroachments on one’s freedoms, the warning shot over the bow to discourage any unlawful violations of our persons or property...

“One woman went in there with two naked men showering who still had penises,”

A broad revolution is underway in the United States as traditional standards used to measure achievement and provide opportunity are being rejected by schools, corporations, and governments in favor of quotas based on race and gender.

As Goldman pointed out in an earlier note, the Delta variant represents a growing share of new COVID cases.

"We know it has been hard finding Remington ammo, but rest assure..."

The measure would also affirm the NEA’s opposition to attempts to ban CRT or the New York Times’ highly controversial “1619 Project”...

"These were mercenaries."

Starter homes are generally homes with smaller footprints and lower selling prices that allow first time buyers to enter the market.

“Law enforcement also recover[e]d a fully constructed U.S. Capitol Lego set,”

The lockdown is being extended despite the low numbers of confirmed infections as fearmongering about the threat posed by the delta variant is turned up to '11'.

In the Cold War with the USSR, time, it turned out, was on our side. But in the last decade, Xi Jinping might fairly see time as having switched sides...