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08 Oct 2026
21m

Valley of the shadow of debt: bond-market jitters

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Economist Podcasts

Rising global government bond yields stem from a confluence of the AI investment boom, persistent inflation fueled by the war in Ukraine, and fiscal instability, particularly within France. While the U.S. economy remains resilient, other nations face mounting pressure to address debt sustainability amidst political dysfunction. Simultaneously, the startup Reflect Orbital is developing space-based mirrors to reflect sunlight onto solar farms after dusk, potentially displacing expensive battery storage, though the technology faces criticism for its impact on astronomy and wildlife. Finally, the film *The Social Reckoning* attempts to expose Facebook’s systemic harms but fails to match the impact of its predecessor, *The Social Network*. Unlike the original, the sequel struggles to find a fresh narrative angle, as the public is already well-acquainted with Meta’s controversies and the complex debate surrounding the platform's role as a global arbiter of truth.

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