The AI Bubble and the U.S. Economy: How Long Do “Hallucinations” Last?
Why the AI, as in Artificial Information, bubble looks primed to pop soon despite it being a top bipartisan project in the US.
Read more...Category Archives: Economic fundamentals
Trump’s Imminent War(s) and Economic Damage as His Legitimacy Crumbles
Trump may be launching not just one but two wars right after he and Hegseth proudly exhibited their nakedness before the military top brass.
Read more...How Climate Change Is Driving Home Insurance Turmoil
Climate-fueled storms and wildfires are increasing costs and pushing insurers to the limit. What happens if the market breaks?
Read more...Patrick Baab on Europe’s March to War with Russia
Why the risk of a hot war between some NATO states and Russia may be more imminent than many believe.
Read more...What Slowdown? Q2 GDP Growth Revised Up to Hot Zone of 3.8%, Stronger Consumer Spending & Private Fixed Investment
The second upward revision of GDP is a headscratcher in light of other data and on the ground reports. Can readers help make sense of this?
Read more...Satyajit Das: Stablecoins – Invention Looking For A Problem?
Satyajit Das sets forth the very strong case against stablecoin.
Read more...The Dollar: Ripples Presaging a Financial Tsunami
A detailed analysis of the poor prospects for dollar hegemony and the forces that could trigger a sharp unwind.
Read more...Coffee Break: The Next Surgeon General, Gene Therapy, Ozone Hole Closes, Daylight Saving Time, and American Socialism
Part the First: The Next Surgeon General Prepares for her Closeup. In a surprise to absolutely no one, Casey Means MD discloses financial ties to supplement industry. New financial disclosures from surgeon general nominee Casey Means show that she’s made hundreds of thousands of dollars promoting supplements and other health and wellness products, details likely […]
Read more...Michael Hudson: Trump’s Destruction of US Economy, Starting with Agriculture
How Trump’s policies are destroying key elements of U.S. economic prosperity, with agriculture as a canary in the coal mine.
Read more...Quelle Surprise! CEOs Overwhelmingly Negative on Trump’s Economic Policies as Shallow Fed Rate Cut Confirms Stagflation Worries
Even a bastion of Republican support, CEOs, has soured on Trump’s economic policies, as the damage to regular citizens mounts.
Read more...Michael Hudson: Who Writes the New Rules as Power Shifts Away from the US?
Michael Hudson discusses many of the responses to the US loss of economic dominance, from Europe’s self-immolation to China’s lending.
Read more...Netanyahu Depicts Grim Economic Future for Israel, Need to Become an Autarky, “Super Sparta” Due to Isolation; Are There More Meanings?
Netanyahu really did admit Israel is on the ropes economicaly, even though he then tried to walk it back. What might have been the prompt?
Read more...U.S. Automakers Navigate Rising Metal Costs and Supply Woes
Beleagured US automakers, who remain important employers, face new tsuris in tariff costs and scarcity of key minerals.
Read more...Michael Hudson: Trump’s Economic War Against Europe, Korea and Japan
On the impact of Trump overplaying his hand with trade partners who aren’t all that dependent on the US.
Read more...Giorgio Armani: Farewell to the Visionary Designer/Businessman Who Lifted Italy into Fashion Leadership
Armani played a key role in fashion, not just via designs, but also his business acumen that helped elevate Italy to the industry’s top tier
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