No One Will Win in the Russia-Ukraine Conflict
Gail Tverberg argues that the war in Ukraine does not get Russia or other energy producers out of their scarity bind.
Read more...Category Archives: Doomsday scenarios
Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Read more...The IMF Connection with the Ukraine Crisis
You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.
Read more...Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction
Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
Read more...“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog
Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Read more...Under the Sea, a Hidden Climate Variable: Thawing Permafrost
Carefully mapping the changing topology of the Arctic Ocean floor, scientists are racing to study submarine permafrost.
Read more...War or Peace, Barbarism or Hope: War Threatens World with Stagflation
A short hisory of stagflation and why it’s a pressing risk now.
Read more...NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
Michael Hudson continues his political and financial analysis of the war in Ukraine.
Read more...US Natural Gas Production and LNG Exports Amid Urgent Demand for LNG from Europe
Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.
Read more...China’s Flirtation with “Let ‘Er Rip” Goes Hard Into Reverse with Shanghai Two-Phase Lockdown
What to make of Shanghai’s sudden reversal of its plan to forego a Covid lockdown?
Read more...Rationing Looms As Diesel Crisis Goes Global
Diesel shortages are on the way to becoming so serious that they’ll first create inflation and then slow demand.
Read more...Michael Hudson Talks with the Saker About the Russian Counter-Sanction of Paying for Its Gas With Roubles
Michael Hudson answers the Saker’s questions about the ramifications of Russia’s “gas only for roubles if you have been mean to us” measure.
Read more...Some Additional Comments on the Russian Counter-Sanction of Requiring Gas Payments in Roubles
Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Read more...How Fossil Fuel Governments Control the IPCC
The work of the IPCC is necessary. That’s why it’s important that the UN not be the owners of the go-to reports it issues.
Read more...How This Month Produced a Mind-Boggling Warm-Up in Eastern Antarctica (and the Arctic)
Why part of Antarctica suffered wildly out of band warmth.
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