When we were figuring out what oncologists would treat my wife’s cancer, I assure you that the “distance they traveled” to get to med school was not among the things we cared about.

Data centers do not “create jobs.” Don’t believe when your local news talks about how much “economic growth” a data center will bring to your community. They only make everything worse for the people actually living there. Also, stop using AI if you can avoid it. Seriously.

APOLLO HOLDS TALKS TO SELL $3 BILLION PRIVATE CREDIT FUND: WSJ they are making so much money on private credit they want to generously spread the wealth with outside investors

Consumers are really starting to run on fumes Their rate of spending increasingly exceeds their income growth... ...while their savings rate keeps declining, now down near pandemic lows This makes the system more vulnerable to any further inflation shocks (h/t zerohedge)

This (arabnews.com/node/2642938) is, by any measure, an extraordinary article: Prince Turki Al-Faisal is a son of King Faisal and ran Saudi intelligence (the GID) for over two decades. He is writing that the plan of "the US-Israeli war on Iran" was "to ignite war between us [Saudi

“The write-down—equivalent to about 10% of the fund’s net asset value—is one of the biggest indicators so far of underlying problems in a large private-credit fund. Defaults in the fund jumped to 8.1% in the first quarter from 5.5% in December, KKR said. “

It’s tiring having to listen to talk on bubble vision about how great the U.S. economy is, as has been the case this morning. Good grief.  Everyone is fixated on the +115k nonfarm payroll gain in April, with nary a comment anywhere on how the Household survey flagged a -226k job

The latest Middle East official to make this claim, after Oman's foreign minister (left) and an influential ex-Qatari PM (right). Suggests this idea - that Israel wants to drag the entire region into a suicidal war that leaves it the local hegemon - is widely but quietly held.

Looks like the energy prices are putting pressure on Africa pretty quickly - populations are starting to move. The Hungarian government tore up the hardline migration stance the exact same day. Budapest will soon have the same problems as the other EU capitals. Sad. 🇭🇺🇪🇺

Great ad.

$7 Billion In Perfectly Timed Oil Bets Sparks Insider Trading Fears | OilPrice.com oilprice.com/Energy/Crude-O… #oilprice

The Finnish economy is in the process of collapsing.

Interesting development. Hopeful for our future leaders.

AAA Forecasts Record Memorial Day Drivers Despite High Gas Prices A record number of people are expected to travel by car over Memorial Day weekend, but this holiday will likely see the slowest auto travel growth in years as drivers deal with spiking gas prices. Some 39.1

Very disappointed in SMU letting this happen.

Germany was once a manufacturing giant. That is being systematically destroyed.

Breaking! Very big deal. Andriy Yermak was effectively the co-president alongside Zelensky. Can Zelensky really claim to be uninvolved/unaware of this high level, systemic corruption from the top echelons of his Govt???

Hate to see this happen at SMU, where I went to law school.

Wow! What a dramatic change in the past 50 years.

Funny, but true.