Category Archives: Doomsday scenarios

The Fed Accused of ‘Playing With Fire’ After Latest Rate Hike

The Fed confirms that its priority is crushing workers, and it believes it’s protected banks enough to allow it to continue.

How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis

Why the expected official response to this bank panic wil make matters much worse, just not right away.

Lack of Grownups in the Room Exacerbates Bank Freakout

The bank firefighting squad seems to be out on a bender.

Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse

The Fed has a lot of ‘splaining to do, yet seems determined to keep doing the wrong thing.

The Iraq War 20 Years On: End of the US’s Post-9/11 Neoconservative Dream

The 2003 Iraq war led to huge numbers of civilian deaths, and continuing insurgencies in the Middle East and Africa

The U.S. and UK’s Submarine Deal Crosses Nuclear Red Lines with Australia

Why has Australia signed up for a pricey and security-diminishing nuclear sub deal?

Were the Bank Bailouts the Result of Rising Wealth Concentration?

Are many of the explanations of the recent bank tsuris barkign up the wrong tree?

Michael Hudson Talks to Ben Norton About SVB and Bank Failures

Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies

The Not-So-Winding Road from Iraq to Ukraine

“Fool me once, shame on thee. Fool me twice, shame on me.” The Global Soutn has wised up in the wake of the war in Iraq.

SVB and the Only Choice We Have

How the SVB bailout confirms the dedication of the elites to self interest only.

Hoisted from Comments: Rosneft Refinery in Schwedt Continues to Be a Microcosm of Europe’s Sanctions-Induced Energy Mess

A case study in sanctions blowback: how the Rosneft refinery, an important provider of diesel and jet fuel, looks like a stranded asset.

Why China Is Unlikely to Invade Taiwan

Questioning why the US has gone into belligerence over its belief that China will occupy Taiwan.

Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding

Peeling back more layers of the SVB implosion and its broader implications.

US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare

An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.

Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?

How severe might the contagion from the Silicon Valley Bank failure be? And who will suffer most: tech land or other banks?