A More Resilient Europe Faces a Renewed Energy Shock – But Difficult Trade-Offs May Resurface
A new analysis of the impact of the Iran war on the energy and economic prospects for Europe has a whistling-pas-the-graveyard feel.
Read more...Category Archives: Doomsday scenarios
Iran War: US and Iran Exchange Fire as Trump Reveals Extent of Israel Capture With Barmy Abrams Accord Proposal; Continued Denial of Approaching Energy Crunch After Reserves Depleted
Iran war news: Negotiations are supposedly advancing despite a US attack, a fiery Khamenei speech, and Israel declaring “full war” in Lebanon
Read more...Iran War: Trump-Claimed Agreement Coming Apart as Iran Sticks to Long-Held Positions and Republican Stalwarts Rebel; Experts Argue It May Be Only to Temporize
Today’s Iran war news: As the latest Iran war “deal” comes unglued, it looks like it was intended merely to hit the pause button….why?
Read more...Iran War: Trump Announces Iran Deal with Iran Already Disputing His Claims; Hawk Heads Exploding; Even if Pact Concluded, Strait of Hormuz Traffic Expected to Reach Only 40% of Old Level by Year End
Today’s Iran war update: Trump says he has a deal. Iran begs to differ as to what it would amount to.
Read more...Iran War: Trump and Top Officials Cancel Holiday Plans, Suggesting Imminent Attack; Walmart Reports Consumers Self-Rationing Gas
Today’s Iran war news: Negotiations are now at an impasse and Trump is taking visible steps consistent with new attacks.
Read more...Coffee Break: The Furies are Coming for US
Today’s Coffee Break on a holiday weekend in the US is the simple recommendation that you go straight to this long essay in Front Porch Republic by W. Aaron Vandiver of Carbondale, Colorado: Trump and the Furies of Empire –– Trump, in his crude way, is forcing us to confront the false stories we have […]
Read more...Iran War: Quelle Surprise! Vanishingly Unlikely “Deal” Visibly Falling Apart as US Consumer Spending Crumbling
Today’s Iran war news: Talks fantasies get a harsh dose of reality as Iran rejects a US nuclear demand while consumers go green at the gills.
Read more...Iran War: Trump-Netanyahu Dust-Up Over Negotiations – Bona Fide or Deception? Oil Speculators Cheer Three Supertankers Leaving Gulf, as Continued Bond and Financial Market Decline Seems Likely
Today’s Iran war news: Some oil leaving the Gulf gave markets a boost, but the US-Iran impasse remains, along with US attack threats.
Read more...Satyajit Das: The Global Economy – A Very Uncertain Future!
Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.
Read more...Norway Wants To Lead a “Viking Bloc” for Containing Russia in Northern Europe
Norway seeks to lead a small but arguably well-located group of nations to impede Russia. Yes, seriously.
Read more...Iran War: US Experts and Iran Still Expect Major Attack; Wall Street Journal Debunks Trump Claim of Gulf State Intervention; Bond Rout Intensifies
Today’s Iran war update: The US still looks to be planning to resume the war against Iran even as the bond market rout intensifies.
Read more...The One Big Beautiful Bill Act and Medical Education in These United States
On Independence Day of 2025 President Trump signed his One Big Beautiful Bill Act (OBBBA) into law. Something that has not gotten much attention, so far, are the consequences OBBBA will have on students who must borrow money to attend college/university, graduate school, and/or professional school. Should American students be forced to go into debt […]
Read more...Michael Hudson Warns: Imminent Economic Catastrophe – War, Oil Crisis & Bond Market Panic
Michael Hudson explains how the financier-friendly medicine of higher interest rates will only make the impending economic crisis worse.
Read more...Iran War: Trump’s Latest TACO on Iran Strike Pits Gulf States Against Israel; Bond Market Tremors Add to Hard-to-Deny Signs of Economic Stress
Today’s Iran war update: Has seemingly irresistible force Israel met immovable objects in the form of Gulf states and the bond markets?
Read more...Seasonal Patterns That Farmers Trusted for Generations Have Suddenly Turned Unpredictable
Intense rains, extreme heat, and unstoppable pests are wiping out crops and farmers’ livelihoods as climate change scrambles the weather.
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