Category Archives: Doomsday scenarios

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.

When Central Bank Saviours Are the Problem

Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation

Plastic Watch: Nanoplastics and Coffee Cups

Yet another reason to dispense with disposable coffee cups: nanoplastics, which are ingested when the coffee is drunk. The health implications of their ubiquity is unknown and has not yet been well-studied.

What the Next Australian Government Must Do to Save the Great Barrier Reef

After four bleaching events in the last seven years, is it too late to save the Great Barrier Reef? Time is running out to get serious about climate change.

As the Planet Warms, Let’s Be Clear: We Are Sacrificing Lives for Profits

Climate change is the result of a deadly calculus: human lives are worth risking and even losing over the profits of global corporations.