Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Category Archives: Doomsday scenarios
Trump Commits to Ethnic Cleansing in Gaza
Trump and Netanyahu have gone all in on ethnic cleansing in Gaza.
Read more...Will It Matter Who Wins Germany’s Upcoming Election or Will Country’s Fate Largely Be Decided in Washington?
If Germany stays under the thumb of Washington and living standards continue to decline under a new government, what happens then?
Read more...The Economic Benefit of Conflict: A Thriving Armaments Sector
Quelle surprise! Data supports the notion that defense contractors do well in times of conflict.
Read more...How Climate Change and Widespread Unaffordable Home Insurance Will Wreck Property Values
The death spiral of home insurance in climate afflicted areas has begun. The will and means to tackle underlying issues are sorely wanting
Read more...The Planet Had 58 Billion-Dollar Weather Disasters in 2024, The Second-Highest on Record
The world endured three of top-20 costliest disasters in 2024, its fifth-deadliest wildfire, and three heat waves with over 1,000 deaths
Read more...Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World
Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South
Read more...Close to 30 Million Americans Face Limited Water Supplies, Government Report Finds
Struggles over water use and cost are set to intensify as usage outstrips supplies.
Read more...How Los Angeles Can Fireproof Communities, Not Just Houses
Ideas about how to reduce fire risk in Los Angeles do not appear to go far enough.
Read more...The Next Unwind of Social Guarantees: Home and Medical Insurance
A Wall Street Journal column suggests that elite conventional wisdom favors more gutting of medical and home insurance as unduly “socialized”
Read more...Actuaries and Scientists Warn Climate Shocks Risk ‘Planetary Insolvency’ as Power Struggles About How to Rebuild LA Begin
A new report shows a 50% GDP fall from 2070 to 2090 due to climate change. Los Angeles gives a taste of coming struggles about what to do.
Read more...Gaza Ceasefire Deal Still Not Approved by Knesset. And Why Should the World Trust Israel to Comply if So?
Sadly Netanyahu is trying to slip the noose of the much-ballyhooed Gaza ceasefire deal and may succeed.
Read more...Russia’s Difficult Ukraine End Game Choices and the Issue of “Imposing Terms”
Why Russia’s seeming high class problem of being able to secure a military victory in Ukraine really is a problem.
Read more...Rebuilding Rate for Santa Cruz Mountains Lightning Complex Fire Bodes Ill for Los Angeles Reconstruction, Even Before Getting to Insolvency of California State FAIR Plan Wildfire Insurance
The pace of rebuilding after the Santa Cruz Mountains wildfire in 2000 bodes ill for the likely speed of Los Angeles reconstruction.
Read more...This Week’s Unholy Mix of Drought, Wind, and Fire in Southern California: A Warning of an Accelerating Insurance Crisis in Climate-Risk Areas?
More and more homeowners are understandably worried about what insurance increases might look like in the face of intensifying climate risks.
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