Category Archives: Doomsday scenarios

Gasoline Demand Destruction Accelerates Despite Plunge in Prices: Consumption Drops to August 1997 Level

Gasoline purchases show a softening economy, but the Fed is likely to ignore that memo.

Olaf Scholz and Vladimir Putin Talk Past Each Other as Ukraine Pushes for Formalizing Ukraine’s NATO Lite Status

NATO is saber-rattling at Putin and the Russian leadership. Will Russia escalate or wait to see NATO’s cards?

What Should You Do During a Flood? Stay Out of the Water

Some practical flood advice.

Why The EU Is Struggling To Bring Its Energy Crisis Under Control

Why the EU is hitting a wall.

Fog of War, Military and Economic

Some questions about quality of Ukraine war commentary.

New Study More Than Triples Estimated Costs of Climate Change Damages

A new Nature study lends weight to the idea that federal agencies could be much more aggressive in regulating climate pollutants.

Michael Hudson on Student Debt Relief, Inflation, Ukraine Disaster Capitalism, Petrodollar Challenge

Michael Hudson gives a newswap with Ben Norton: student debt forgiveness, inflation, Ukraine, dollar rows, and the death of the Queen

EU Wrangling Over Energy Plans That Amount to Band-Aid Over Gunshot Wound

Even with energy-hungry businesses shuttering or reducting operations, most EU officials don’t grasp how bad things will become.

Truss Energy Shambles

New Prime Minister Liz Truss is aleady managing to underperform the low expectations for her.

Tiny Algae Could Help Fix Concrete’s Dirty Little Climate Secret – 4 Innovative Ways to Clean Up This Notoriously Hard to Decarbonize Industry

Some possible ways to make concrete less of an environmental problem.

“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls

Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.

1980s Redux? Developing Countries See New Context, Old Threats

s rich countries raise interest rates, developing countries face slowdowns, inflation, higher interest rates, more costs and debt distress.

Europe’s Economic Controlled Flight Into Terrain

More on Europe’s economic suicide.

Peace Talks Essential as War Rages on in Ukraine

Peace in Ukraine is a worthy aim. But the West can’t bring itself to offer what Russia might accept.