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.
Read more...Category Archives: Doomsday scenarios
Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
Markets have more reason than usual to be jumpy.
Read more...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.
Read more...Wolf Richter: It’s the Banks Again
Mr. Market is worried about banks, particularly European ones.
Read more...Tom Engelhardt: The Unhappy 17th Anniversary of the Afghan War
Looking back on 17 counterproductive years in Afghanistan.
Read more...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.
Read more...Why Are We Mostly Ignoring the Climate Crisis? The Message Is Wrong
Why is there so little urgency about combatting climate change? What can be done to reverse that?
Read more...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.
Read more...Brexit: Fatal Complacency?
EU leaders have apparently decided that dealing with Brexit isn’t a pressing matter. That’s not a good move.
Read more...Brexit: Things Are Always Darkest Before They Go Completely Black
Don’t kid yourself that the current relative calm on the Brexit front is a good thing.
Read more...New Study Highlights Collapse of Insect Populations
Very sobering news on the insect front. Species die-off is progressing faster than you probably thought.
Read more...Gaius Publius: IPCC Releases Climate Report — First Thoughts
The latest IPCC report says we are cooking our collective goose, and hardly anyone seems to react.
Read more...Brexit: EU-UK Talks Collapse, Disorderly Exit Virtually Certain
Bad Brexit news just got worse.
Read more...Rethinking AI Through the Politics of 1968
All the initiatives that want to make AI ethical seem to think it’s about adding something i.e. ethics, instead of about revealing the value-laden-ness at every level of computation, right down to the mathematics.
Read more...Brexit and the Age of Incoherence
How Brexit is triggering a major political crisis in the UK.
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