5 Ways Data Centers Endanger Their Local Communities and the Country as a Whole
Yet more on why you should hate data centers.
Read more...Category Archives: Economic fundamentals
Iran War: Iran Launches New Strikes on Israel After Netanyahu Humiliated Trump by Ignoring Demand to Stand Pat; Ansar Allah Attacks Israel and Saudi Base, Makes Red Sea Threat; South Korea Swoon Adds to AI Meltdown; BREAKING Bab el-Mandeb Closed?
Today’s Iran war update: Iran and Israel exchange attacks rapidly as Trump blusters and the AI meltdown accelerates in global markets
Read more...Michael Hudson: Geopathology and the Econopathology Behind it
How pervasive behavioral disorders among what passes for elites are destructive not just to the social order but ultimately to them too.
Read more...Who Needs Bitcoin & Cryptos (-50%) Amid the Semiconductor & Miracle IPO Mania?
Are bitcoin and crypto, followed by semiconductors and AI, proving Mark Twain right, that manias don’t repeat but they rhyme?
Read more...Iran War: Hezbollah Rejects Israel-Favoring Ceasefire, Casting More Doubt on “Deal”: Iran Agrees to Inspection of Bushehr Plant but No Enriched Uranium Concessions; Trump Warned of Oil Cliff as Private Debt Fund Wobbles Rise
Today’s Iran war news: The US-Iran impasse is undeniable to everyone ex Team Trump as Israel balks and the oil cliff comes ever closer.
Read more...Fox News Defines Most Americans as Anti-American
Fox News brands the majority of Americans as official enemies, echoing extra-legal ““domestic terrorism organizations” in Trump’s NSPM-7.
Read more...Iran War: US Attempts Project Freedom 2.0 as Israel Continues Attacks in Lebanon Despite Alleged Ceasefire; Iran Economy Not Harmed by Sanctions, Performed on a Par to Saudis; Rice Prices Jump in Asia
Today’s Iran war update: Iran punched back harder than the US expected in the latest exchange, but Israel still refuses to stop war-making.
Read more...Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Europe Scrambles to Contain the Energy Shock
Europe expects annual energy price increases to hit 11% in May. What happens when the oil cliff fully kicks in?
Read more...Iran War: Rubio Testimony Raises Questions as to Why Iran Is Bothering With Talks; Intensified Tit-for-Tat Attacks Continue; US Muscles Oman
Today’s Iran war update: The kinetic war is heating up as the US keeps demanding things of Iran that Iran has already rejected.
Read more...A Food Philosophy for Our Time?
It is clear that in much of the so-called developed world, food has largely lost its meaning beyond nourishment. Julian Baggini has written about this, ten years ago in The Virtues of the Table, which is especially useful in considering how and why we eat. More recently Baggini has expanded his range in How the […]
Read more...Commodity Markets Are Living on Borrowed Time
Another warning that the deceptive calm in the commodity markets is not set to last.
Read more...Iran War: Iran Rug Pulls Trump by Suspending Talks Over Ceasefire Violations, Escalating with Demands to End Attacks in Gaza and West Bank, Threat to Close Hormuz and Choke Bab El-Mandab; More on How Hormuz Traffic Will Stay Low Even if “Deal” Agreed
Today’s Iran war news: Iran demands a end to hostilities on all fronts or Bad Things happen. Trump choke chained Bibi…but will that last?
Read more...Iran War: Iran Rejects Trump Claims That Deal Is Near as US Counterproductively Toughens Terms; Hotter Tit-for-Tat Strikes Threaten Ceasefire; What if Trump Continues to Stall When Hitting Energy Cliff ?
Today’s Iran war update: What if Trump fails or refuses to resolve the conflict despite the US going over the energy cliff, projected for July?
Read more...Iran War: New Reports of Agreement on Memo of Understanding Effectively Shot Down by Bessent as He Also Repeats Threats Against Oman; Israel Attacks Beirut; More Warnings of Energy Price Cliff Plus Claim Trump Made Illegal Below-Market SPR Sales
Today’s Iran war news: More Axios “deal is sealed” fake news as real economy costs of continued conflict look even more dire.
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