It’s the debt, stupid

Western governments spent decades making promises their economies could afford. Now, ageing populations, mounting debt, and rising interest costs are changing the equation. Bill Bonner explains why voters are turning to the political fringes – and why the reckoning may only be beginning.

Central bank stockpiling gold and overthrowing the PM?

Nick Hubble and Sam Volkering examine how turmoil in the bond market is reshaping gold, bitcoin and AI – and ask whether corporate debt now offers better value than governments.