Category Archives: Guest Post

Some Economic Effects of the Ongoing Covid Pandemic

A quick march through economic data and thinking about the Covid pandemic.

2:00PM Water Cooler 1/29/2024

~ Today’s Water Cooler: Open Thread ~

Links 1/29/2024

The Tower-22 Strike in Jordan Triggers US, Israel Into All-Front War – The Arabs and Iran Are Ready, the Russians Too

An attack on a US logistics/rear guard post in Jordan demonstrates a new threat to US bases and a strategic gain for militias and Iran.

The Idea That the Republicans Can Become “The Party of The Working Class” Is Beyond Absurd

Trump as gigantic upraised middle finger

Links 1/28/2024

AI Boom Could Slow U.S. Clean Grid Ambitions

AI is projected to consume lots of power. And no one seems to care much that that’s going to increase climate change damage.

Why Does Russia Produce More Ammunition Than the US?

Russian industrial performance serves as a point of departure for Richard Wolff and Michael Hudson to discuss the shortcomings of capitalism.

2:00PM Water Cooler 1/26/2024

~ Today’s Water Cooler ~

Sales of US-Made Guns and Other Weapons, Including US Army-Issued Ones, Are Under Spotlight in Mexico Again

The “iron river” continues to flow.

The U.S. Finally Started to Crack Down on Crypto in 2023

An overdue clean-up in crypto has finally started. But will it go very far?

Biden Must Choose Between a Ceasefire in Gaza and a Regional War

International pressure on Israel and the US for a ceasefire in Gaza keeps growing. Who will relent?

Russian Foreign Ministry Ties Red Sea Blockade to Gaza Blockade, Backs Houthis in Moscow Meeting

In the Gaza conflict, Russia has shifted from being uncommitted to supporting the Houthis and Iran. How much will this change the US posture?

Fossil Fuel Speculators—Not Consumers—Would Win Big From LNG Exports: Report

Expansion of U.S’ LNG export capacity simply enables Big Oil giants and commodity traders’ ability to earn eye-popping profits.