Category Archives: Doomsday scenarios

US Launches Airstrikes Against Syria (Updated)

The US has just attacked Syria. Unless the Russians abandon Syria, this looks like the war the neocons wanted.

Italian Banks: Not Quiet on the Eastern Front

Never before have I seen the condition of a bank’s finances (in this case liquidity) described as “hemorrhagic”. Italians beware!

Ilargi: Our Economies Run On Housing Bubbles

A look at the long-term role of home price bubbles in multiple countries.

Why Has Italy’s Banking Crisis Gone Off the Radar?

An update on Italy’s festering bank crisis.

Settling the Brexit Bill: 12 Negotiating Questions

Sorting out the principles for in the Brexit talks for how to compute the UK’s departure tab is not trivial.

Inequality Update: Who Gains When Income Grows?

In a perverse reversal of historical norms, more growth produces more inequality as a result of economic policy and changes in legal rights.

MIchael Hudson: The Democracy Collaborative

Michael Hudson gives new riffs on his regular themes: classical economics and its perversion by Hayek, rentier capitalism, debt jubilees.

Magnus: China Must Reform or Bust

China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.

Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried

Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?

Will Amazon Destroy More US Jobs Than China?

Why Amazon will destroy a lot more jobs.

Doubling Down on Dystopia

What dystopian novels and narratives say– and fail to grasp– about the triumph of Trump’s will.

Deutsche Bank Tries to Stay Alive

Deutsche Bank is still walking wounded.

Brexit: More on the UK’s Weak Hand

Yet more debunking of pro-Brexit fantasies.