The Inevitable Financial Crisis
We’re again in the Wile E Coyote phase of a financial crisis, but this time, the real economy problems are far worse than in 2008.
Read more...Category Archives: Doomsday scenarios
More Fallout From the Nord Stream Pipeline Attacks
By Conor Gallagher Yves wrote yesterday about what the Russian response might be to the Nord Stream attacks. I wanted to touch on a few other potential consequences I’ve come across, and as there are no doubt more, hope to see them in comments. Economic Catastophre in Europe Now Certain There were questions in Washington […]
Read more...Russia Seeking UN Security Council Meeting Over Nord Stream “Act of International Terrorism.” What Else Might Russia Do?
Russia is almost required, if nothing else for domestic political reasons, to Do Something about the Nord Stream attacks. But what exactly?
Read more...Russian Partial Mobilization: And Then There Were None
Two Russian militarty experts comment on the partial mobilization and what might come next.
Read more...Ramping Up Renewables Won’t Save The World From A Cold Winter
Renewables alone won’t be able to supply our coming energy needs. A decline in nuclear power as well as local production and storage of natural gas has left places like Europe particularly vulnerable to energy shortages in the winter.
Read more...Free Market Genocides: The Real History of Trade
How so-called free trade has often brought large scale death, sometimes by design.
Read more...Further Thoughts on Russian Partial Mobilization and Next Steps
Additonal speculation about the Putin speech, the Russian partial moblization, and what might happen next.
Read more...Satyajit Das: Emerging Market Crisis Pathologies
Why emerging markets look set to suffer a world of hurt.
Read more...What the Fighting between Armenia and Azerbaijan Is Really About and Why It’s Likely to Get Worse
By Conor Gallagher Ever since the breakup of the USSR, Azerbaijan and Armenia have been locked in a dispute over Nagorno-Karabakh, an enclave recognized as Azerbaijani territory by the international community but mostly populated by ethnic Armenians. They fought a war there two years ago when Azerbaijan grabbed land in a six-week conflict that led […]
Read more...Text of Putin Speech Announcing Partial Mobilization
Putin announced that Russia is escalating its commitment to the conflict in Ukraine.
Read more...Peace Activists Hit the Streets From D.C. to San Francisco Seeking End to Ukraine War
Finally some in America are willing to speak out against the financial and human costs of the Ukraine conflict and urge neogitations.
Read more...Biden Again Indicates that US Will Defend Taiwan ‘Militarily’ – Does This Constitute a Change in Policy?
A look at how the US likes to present its role in the escalating conflict over Taiwan.
Read more...Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Read more...Truss’s Plan to Hike Defence Funding and Ignore the Climate Is a Disaster
How Liz Truss’ defense budget math does not work…or does really well if the point is to roll social support back to Victorian workhouses.
Read more...Using the Payments System to Enforce an Russian Oil Price Cap Likely to Cause Supply Shock
The G7 plans to use its payments system to enforce a Russian oil price cap, because that worked so well in the shock and awe sanctions.
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