Category Archives: Doomsday scenarios

Brexit Stress Rises: Pound Weakens on S&P Crashout Warning, Norway Nixes “Norway,” Migrant Status at Risk

Brexit news still looks decidedly uncheery.

Estimating the Impact of Climate Change Costs on Growth: Is Degrowth Already Here?

Some back of the envelope estimates show that the economic cost of climate change is already cutting into growth in a big way….and it will only get much worse.

Civilized Societies Don’t Call It Censorship, but Copyright

Why the European Copyright Directive would have a disastrous impact on the Internet, and what can be done to stop it.

Richard Murphy: Fisking the NAO’s Report on the UK’s Border Preparedness for Brexit

Yet another hard/crashout Brexit train wreck: implementing adequate border controls.

The Crumbling Architecture of Nuclear Arms Control

A useful backgrounder on nuclear arms control and why the system is coming unglued.

Standoff Between Italy and European Commission Escalates as Commission Rejects Italian Budget

Italy and the European Commission are in a dispute over Italy’s budget, and no one looks likely to come out a winner in this fight.

Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….

Markets have more reason than usual to be jumpy.

Michael Mann: We’re Already On Our Way to “Blowing Past” 1.5 Degrees Global Warming

How global warming is increasing at a faster rate than most realize.

Wolf Richter: It’s the Banks Again

Mr. Market is worried about banks, particularly European ones.

Tom Engelhardt: The Unhappy 17th Anniversary of the Afghan War

Looking back on 17 counterproductive years in Afghanistan.

Italy’s Debt Crisis Intensifies

Italy’s government debt yields are rising thanks to a budget standoff with Brussels, and Italian banks are looking more wobbly too.

Brexit: Knives Out for Theresa May (Again) Over Extending Transition Period

The lay of the Brexit land is becoming clearer after the inconclusive October European Council summit.

Brexit: Fatal Complacency?

EU leaders have apparently decided that dealing with Brexit isn’t a pressing matter. That’s not a good move.