This is definitely Signal (versus noise): The coming fiscal catastrophe for "blue states" like California, New York, and Illinois.
Read the original article in the NY Times (!), or this analysis. Take your pick.
Outsized welfare programs, excessive regulatory environments, out of control public sector unions and all the rest are finally adding up for would-be buyers of state bonds, and they are voting with their checkbooks.
The armies of shadow - The attack on tankers in the Gulf of Oman according to the Jerusalem Post was a scripted outcome that fell apart. It was designed to make Iran's armed for...
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