Category Archives: Economic fundamentals

Iran War: More Escalation – US Strikes Iran Steel Plants, Israel Sends Third Missile at Iran Nuclear Plant; Yemen Joins War

Today’s Iran war update: the escalation dynamic intensifies as economies all across Asia are the first to bleed out

Iran War: Trump Faffs About, Extending Deadline for Strike Threat by 10 Days as US Military and Energy/Materials Shortfalls and Shortages Expected in Weeks; Iran Allows Transit of Trapped “Friendly” Ships

Today’s Iran war update: Trump and his inner circle seem astonishingly oblivious to accelerating damage to the economy and the military.

Australia’s Fuels Dependence Turns Into a Crisis

Australia is on its way to becoming the first advanced economy major victim of the Iran war due to baffling policy choices.

Iran War: Accelerating Economic Damage Creates Urgency on Strait of Hormuz Closure; Shambolic US Assault Preparations Continue; Iran Demands Recognition of Sovereignity Over Strait; Houthis Set to Strangle Red Sea Traffic if US Makes Ground Attack

Trump’s fight with the Iran war tar baby is at great risk of creating even more dangerous escalation.

Easing Capital, Reviving Risk: The Quiet Return of Too Big to Fail

Less capital, more risk. The latest move on big-bank rules suggests that too big to fail was never solved, only deferred.

Iran War: Mainstream Media Starting to Acknowledge Potential Iran Victory as Trump Flails About, Readying Ground Assault; EU Reversal on Russia Oil Sanctions, Emergency Actions in Asia, Even China, Shows Accelerating Economic Damage

Today’s Iran war update: the current reduction in temperatures does not mean a resolution of the war or damage to the global economy is nigh.

Iran War: US/Israel Attacks Near Iran Energy Infrastructure; Temporary TACO as Boots on the Ground Moves Continue? Postol on How Iran Nukes Israel in Retaliation and the Horrific Consequences; Gulf States Double Down on Loyalty to US

Today’s Iran war update: Trump moves toward a ground attack as positions on all sides are hardening and the global economy bleeds out

The Economic Consequences of a Low-Skilled Immigration Sudden Stop: Evidence from Korea’s Guest Worker Programme

The example of South Korea suggests that a halt in immigration by low-skilled workers does not boost pay or job conditions for natives.

Iran War: Trump’s 48 Hour Deadline Approaches; Soldiers Fearful as Lindsey Graham Calls for Their Sacrifice; Complacency in Face of Intersecting Shortages, Like Food and Plastics

Today’s Iran war update: Let us hope that this saying proves not to be germane – Things look the darkest before they go completely black.”

Michael Hudson: Iran, Israel, and World War III

Michael Hudson provides a deep dive into US foreign policy and its use of dollar dominance.

Iran War: Even as Breakdowns and Lasting Damage Mount, Denial, Normalcy Bias, and Arrogance of the Belligerents Will Produce a Long and Highly Destructive War

Today’s Iran War report: denial will kills us all. Refusal to see where this war is probably going increases the odds of worst-case outcomes.

Iran War: Leap Up Escalation Ladder with Israel//US Attack on Iran Gas Field, Nuclear Plant, Iran Retaliation on Qatar Gas Facilities, Other Energy Infrastructure Across Region; MSM Initial Under-Reporting Not Blunting Surge in UK, EU Gas Prices;

Iran war news: The Middle East burns thanks to epically stupid Israeli attacks on Iran’s energy assets, which produced a fierce response

Iran War: Joe Kent Resignation Bombshell; US Deploys Bunker-Busters Near Strait of Hormuz; Iran Makes Retaliatory Strikes on Israel, Across Gulf for Ali Larijani Assassination; Real World Oil Prices Diverge from Paper Oil

Today’s Iran war update: attritional slugging continues as Joe Kent’s resignation shows MAGA doubts and the economic tsunami starts rolls in.