Category Archives: Doomsday scenarios

EU Continues to Try to Hurt Russia by Shooting Itself in the Foot

Amazement that the EU is engaging in yet more self harm to try to damage Russia.

NY Spurns Recycling Fairy, and Instead Considers New Extended Producer Responsibility Requirements

NY is poised to say no to plastics? Alas, no, but the state is mulling extended producer responsibility measures, to place the onus for waste management on plastics pushers rather than on consumers.

The War Nerd: NATO, A Memoir

NATO….how exactly did we get here?

Our Global Economic System Is Broken. Are We Headed for a Mass Revolt?

An increase in global hunger, combined with the rich getting even richer, would seem to set the stage for revolt. But is that in the cards?

The Danger of Underestimating Russia

If we keep insisting on sticking with our self-serving fantasies about Russia, we are only going to dig our hole deeper.

The EU Needs More Than $1 Trillion for Plan to Ditch Russian Oil and Gas

The EU will have to make very large expenditures to end its depencence on Russian energy. But does it also have the organizational chops?

Housing Bubble Getting Ready to Pop: Unsold Inventory of New Houses Spikes by Most Ever, to Highest since 2008, with 9 Months’ Supply, Sales Collapse at Prices below $400k

The housing market is starting to unravel at the lower end, with new home purchases taking the biggest hit.

At Least 11 Dead in Wake of Michigan Tornado, Canada Derecho

As if tornadoes weren’t bad enough, you now need to add the derecho to your summer weather risks.

Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates

How long-established structures are approaching breakdown, yet those in charge try to look past that.

Rising Cereal Prices and Political Violence in The Croplands of Africa

This column shows that rising cereal prices pose an elevated risk of violence in Africa, where agriculture represents a large share of the economy

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.

The Perverse Calls for More Russian Aggression in the Face of Its Methodical Operation in Ukraine

Some odd ideas about what Russia ought to be doing in Ukraine.

Bad Breath of Inflation Sinks Target, Walmart, Other Retailers on Surging Costs of Products, Labor, and Transportation

Mr. Market had a meltdown because retailers were unable to pass on all their cost increases. What’s a capitalist to do?

How America Can Stop Violence Against Health Care Workers

Congess is rousing itself to make health care employers Do Something to protect staff from violence….but is the legislation adequate?

Whither Hegemony? Prof. Wen Tiejun Foreword to Michael Hudson’s The Destiny of Civilization

The development and future of America’s hegemony is a major focus of Michael Hudson’s new book, The Destiny of Civilization.