🇷🇸 Serbia’s FAST! People have started TEARING DOWN Vučić billboards after the student-backed opposition’s historic victory, while crowds continue celebrating across Belgrade. Vučić has already conceded defeat after more than a decade dominating Serbian politics. That is the kind of image elections rarely give you: not just a government losing power, but its face literally coming off the walls. Writer: Oliver

She wins 🏆 the internet for tonight!

Trump: “My uncle invented radar. Can you believe it?” (Fact check: false)

Heres the link to the whole thing: youtu.be/zMEMI-AB0pc?is=TBe9…

My FAVORITE Obama is the Obama who takes off the gloves and clowns the shit out of trump, "The White House looks like Saddam Hussein opened up a Cheesecake Factory." 🤣🤣😀

Many don’t yet grasp the seriousness of the French crisis. Markets have priced French debt as junk. The 10-year spread over German bunds has blown out to 174 bp, wider than Italy, Greece or Portugal, despite France’s AA-range S&P rating. The market concludes France’s fiscal arithmetic is broken and politically unfixable. Public spending remains among the highest in the developed world (57% of GDP), an absurd tax burden already crushes growth potential, and the political system is paralyzed. Meaningful reforms have been impossible for years. When governments try, the unions and street response is rapid and often violent. Recent riots made the constraint explicit, any serious attempt to cut spending or raise the retirement age risks further unrest that damages business confidence, tourism and tax revenues. The short-term fiscal hit is already visible, the longer-term confidence channel is worse. Higher borrowing costs compound the problem. Interest spending is set to exceed €90 billion next year, more than the defence or education budgets, and will keep rising as debt is refinanced at these spreads. That interest bill more than offsets any modest consolidation that might be legislated, widening the deficit and accelerating the debt-to-GDP ratio already near 120%. A ratings downgrade, which markets clearly anticipate, would raise funding costs for French banks, tightening credit, slowing growth and eroding tax revenues even further. That is the classic doom loop: higher yields → larger deficit → weaker growth and banks → even higher yields. Rating agencies lag markets but will eventually follow the pricing. France lacks a governing majority capable of sustained fiscal adjustment without triggering further social paralysis and unrest. Until that changes, the market correctly treats French sovereign debt as much higher risk than its official rating implies. It is really difficult to imagine a scenario where France gets its act together and avoids a debt crisis taking down the entire eurozone with it. Please correct me if I’m wrong.

🚨 BREAKING: El-Sayed commented on Trump posting a photo of himself and his wife at a restaurant with the caption "Two very different Americas": "He's right. One is run by two people who don't like each other but agreed to make billions of dollars off you, or two people who genuinely love each other and enjoy eating pancakes together..."

Good Morning from Germany, where one of Europe’s biggest landlords calls the country “uninvestable.” Heimstaden is withholding fresh capital over Berlin’s expropriation plans. It owns 20,000 apartments in the city worth ~€5bn and estimates a potential €1bn loss. Its hybrid bond has plunged from ~98 cents in August to 82.5. The irony: a policy meant to tackle the housing shortage risks driving away investment without building a single new home. bloomberg.com/news/articles/…

Charles Kushner, Jared’s father, pleaded guilty to 18 counts of tax evasion and witness tampering. He hired a prostitute to seduce his brother-in-law, filmed it, sent the tape to his sister. Trump pardoned him and made him ambassador to France and Monaco. en.wikipedia.org/wiki/Charle…

🚨 BREAKING: Welker to Lavrov: "Here are the facts. Nearly 50,000 civilians have been killed or wounded in this war. Russia has bombed maternity wards, churches, schools, hospitals, and a kindergarten just this week. So either the Russian military lacks precision, or you're targeting civilians. Which is it?"