The Ludicrous Prepper Plans of the Super Rich
A perverse bit of good news: the super rich aren’t planning their survival moves any better than they are executing their leadership roles.
Read more...Category Archives: Doomsday scenarios
G20 Climate Commitments and China’s One Belt One Road
A critical look at some wishful thinking about climate change and China’s One Belt One Road initiative.
Read more...Brexit: A View from the Other End of the Telescope
Brexit is the incomprehension of a former imperial power, wistfully hoping to recreate a long-gone global sphere of influence.
Read more...How to Break Austerity-Induced Stagnation?
The costs of sticking with obviously failed austerity policies just keep rising.
Read more...Crisis Revisionist History: Redating of Onset to Make Behind the Curve Central Bankers Look Better
It would be nice if people who made pronouncements about the financial crisis knew what they were talking about.
Read more...Quelle Surprise! Financial Firm Fines Are Way Down Under Trump
The latest sighting on how financial firms are getting off easy, yet have the bad taste to complain about their paltry punishments.
Read more...Bannon and Blackwater Want to Outsource Afghanistan War
Details on how the US is doubling down on its failed war in Afghanistan.
Read more...What the US “Health Care Reform” Debate Did Not Address
A sobering compendium of the factors responsible for the rot in the US health care system.
Read more...Wolf Richter: Markets, Regulators Ignore Ticking Time Bomb of Shadow Margin Loans
Shadow margin loans are a sign of speculative excess and complacency about risk.
Read more...Trilemmas and Financial Instability
Examining national policy tradeoffs in a world of perhaps too much in the way of free and easy international money movements.
Read more...How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability
How the new European banking reforms have weakened stability and hurt some countries, particularly Italy, while helping German banks.
Read more...The Real Cause of the Italian Bank Bailouts and Euro Banking Troubles
How a banking union has created deep divisions that undermine the Eurozone’s stability.
Read more...Debts That Cannot Be Paid Will Not Be
Capitalism is probably already insolvent.
Read more...National Audit Office Warns of Brexit Customs IT Train Wreck….Nine Months After Naked Capitalism
Yet another big Brexit disaster in the making.
Read more...Aiding and Abetting Trump as Tweeter-in-Chief
The media fixation with Trump’s tweets is leading them to shirk real reporting on what Trump is up to.
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