Category Archives: Doomsday scenarios

Neoliberalism Drives Climate Breakdown, Not Human Nature

Attempts by the New York Times to blame humanity as a whole for climate change let the real culprits off the hook.

Bill Black: Pre-Crisis “4506-T Studies” Showed Massive Fraud in Liar’s Loans; Fed Ignored Warning, DoJ Refused to Target Implicated Banksters

Yet another proof that the authorities were given evidence of widespread mortgage fraud before the crisis and chose to do nothing about it.

Trump’s Illegal Economic Sanctions Against Iran Start Up

With its newest sanctions, the Administration ratchets up its “regime change in Iran” strategy. Not a good look.

3 Blokes In The Pub…Talk No Deal Brexit

Nitty gritty details of what happens with a crash-out Brexit, made accessible and even entertaining.

Financial Times Goes Wobbly on Brexit; Runs Front Page Stories Claiming Theresa May Charm Offensive Is Winning “Fudges” When No Such Thing Is Happening

The Financial Times has used two lead stories this week to deliver factuall-challenged propagandizing for the Government’s Brexit maneuvers.

Gaius Publius: There Will Be No Chinese Century

Why on current trajectories, China (and the US) are toast.

The Michael Hudson Report: The “Next” Financial Crisis and Public Banking as the Response

Michael Hudson explains how we’re still in the crisis that started in 2007-2008.

Bill Black: Mankiw Whiffs on “Learning the Right Lessons from the Financial Crisis”

Bill Black debunks a book that tries to relitigate the crisis by denying that Lehman was insolvent.

Surprise, Surprise: Energy Department LNG Export Study Draft Ignores Climate Change

The Department of Energy (DOE) missed the mark in its newly published draft Liquefied Natural Gas (LNG) study, ignoring economic costs associated with climate change and the growth of the renewable energy industry.

More Brexit Grim Tidings: WTO Warns Ireland to Prepare for Crash-Out; Deutsche Moves Half of Euro Clearing Ops to Germany; Food Freakout

More on how the Brexit situation is developing not necessarily to the UK’s advantage.

Ocean Wilderness Vanishing

First major study devoted to mapping marine wilderness issued last week documents that most of the world’s oceans have been damaged by human activity, including pollution and fishing.

Bill Maher Leads Attack on Larry Wilkerson over Trump Meeting with Putin

Larry Wilkerson is roughed up by Bill Maher for the crime of saying taking steps to avert nuclear war with Russia is a good idea.

Michel Barnier Nixes Theresa May’s Customs Union Scheme as Bad Brexit Dynamics Worsen

More Brexit Groundhog Day as the EU is compelled to say the same old “nos” to the UK.

China Pumps $74B Into Banks Amid Credit Crisis

China throws some money at banks to offset the effects of its deleveraging initiative.