More US and China Jousting Over South China Sea
The US-China conflict over the South China Sea keeps getting hotter.
Read more...Category Archives: Doomsday scenarios
Jim Chanos on Fraud: “Cryptocurrency Is a Security Speculation Game Masquerading as a Technological Breakthrough”
The legendary short seller Jim Chanos in a wide-ranging discussion of financial frauds, starting with cryptocurrencies: Bitcoin is the last thing he’d want to own in the event of a catastrophe.
Read more...China Rx: How the US Depends on China for Its Drugs
Why does China need a military? It could bring the US to its knees in months by withholding shipments of drugs and drug ingredients.
Read more...Brexit Becoming More Unpopular as Yet More Warts, Like VAT Administration, Come Into Focus
The latest Brexit updates aren’t very cheery.
Read more...How Puerto Rico’s Death Toll Was Ignored, and Could Have Been Avoided
Why the death toll in Puerto Rico in the wake of Hurricane Maria was so disgracefully high.
Read more...NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades
Markets wail and gnash their teeth as normalization of Italian yields sets in.
Read more...The Left as the New Enemy Within: Domestic Wargaming Exercise Includes “Progressive” AntiGlobalist Baddies, Um, Terrorists
Apparently needing to justify spending and domestic surveillance, military exercises depict leftie future terrorists as official threats.
Read more...Italy’s Political Crisis….How Ugly Might It Get?
Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Read more...Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...Don Quijones: Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks)
“Doom loop” begins to exact its pound of flesh.
Read more...The Carbon Bubble and the Pricing of Bank Loans
Neglecting the possibility that fossil fuel reserves can become ‘stranded’ could result in a ‘carbon bubble’ as fossil fuel firms become overvalued.
Read more...How Institutional Dysfunction Has Enabled Poor Economic Policy Thinking
How economic research practices and the role of academic journals helped create and reinforced an orthodoxy that was able to miss that the crisis was coming.
Read more...Will TSB Ever Be Completely Fixed?
TSB’s IT meltdown has dissappeared from mainstream media headlines. But is that the end of the story?
Read more...Playing Trump for Peace: How the Korean Peninsula Could Become a Bright Spot in a World Gone Mad
John Feffer focuses on how the US should allow the Koreans can do the real work, the historic work, the breakthrough work, of knitting the peninsula back together.
Read more...Bitcoin Energy Use Growing Much Faster than Previously Thought
Bitcoin energy use alarmists are being proven right.
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