The AI Bubble and the U.S. Economy: How Long Do “Hallucinations” Last?
Why the AI, as in Artificial Information, bubble looks primed to pop soon despite it being a top bipartisan project in the US.
Read more...Author Archives: Yves Smith
The J K Galbraith Question: The Tyranny of Private Consumption
Can advanced economies free themselves of the pathology that John Kenneth Galbraith warned about, of excessive consumption?
Read more...Trump’s Imminent War(s) and Economic Damage as His Legitimacy Crumbles
Trump may be launching not just one but two wars right after he and Hegseth proudly exhibited their nakedness before the military top brass.
Read more...Israeli Forces Spark Global Outrage by Intercepting Sumud Flotilla Off Gaza Coast [Updated]
Israel has captured some of the courageous passengers and crew of the Gaza relief ship Sumud. They will be tortured.
Read more...How Climate Change Is Driving Home Insurance Turmoil
Climate-fueled storms and wildfires are increasing costs and pushing insurers to the limit. What happens if the market breaks?
Read more...Hooray! Met Our Third Target! On to the Fourth: Continuing Expanded Daily Links
The fundraiser is going nicely but many of you have yet to contribute! How about chipping in for the daily essential of our morning Links?
Read more...Announcing a Surprise “Double Your Donation” Challenge!
A backer of many years has thrown down the gauntlet for a surprise “Double Your Donation” challenge. Make her generous offer a big success!
Read more...“AI Makes Past Hype Cycles Look Tame”: PitchBook on the Stunning Venture Capital Mania for AI
At these venture capital AI valuations, “exit hurdles become exceptionally large.” That translates into “Look out below!”
Read more...Michael Hudson: Naked Capitalism – Your Source for Unique, Unsparing Coverage of Late-State Barbarism
Michael Hudson explains how Naked Capitalism is your information force multiplier. So please give so it can keep working for all of us!
Read more...Chasing Down Old Nazis in New York Court: Suit Against Volkswagen Controlling Shareholders and Key Managers Over Massive Clean Diesel Fraud
A running battle in New York sees to hold Volkswagen controlling shareholders and key execs accountable for the flagrant “dieselgate” scam
Read more...Exploring the High Rates of Social Violence in the Americas
For decades, the Americas have been the most violent part of the world outside active war zones. Solutions remain difficult to achieve
Read more...The Rev Kev: Naked Capitalism – Bringing You Next Year’s News Today
No kidding, we do have stories from next year for your delectation.
Read more...Trump’s Desire to Seize Bagram Airfield Will End in Disaster
A terse takedown of the latest Trump bright idea, of trying to retake the Bagram airbase in Afghanistan.
Read more...Links 9/30/2025
Quelle Surprise! Advanced Nations Stymie Governance Reforms at World Bank Intended to Increase Influence of Global Majority
More than a decade of stalled Wrold Bank shareholding reforms illustrate how geopolitical rivalries undermine the push for multipolarity
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