Today’s Iran war watch: Iran ups demands as more evidence of US weakness and Trump insanity emerges, and the economy is collateral damage.
Recent Items
Sunday, June 28, 2026
Iran War: Iran Escalates With Threat of Even Higher Level of Enrichment, Assertion of Larger Gulf Control Area as US Revealed to Have Lost 39 Planes and Press Gives Ever More Coverage to Economic Damage; Israel Political Meltdown Could Stymie Further Attacks; Trump More Visibly Losing His Mind
Topics: China, Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Globalization, Media watch, Middle East, Politics
Posted by Yves Smith at 6:57 am | 157 Comments »
The Missing Elephant: India’s Silence on the US-Israel-Iran War
India has repeatedly stated its committment to pursuing an independent path. That resolution is missing in action in the Iran war.
Topics: Economic fundamentals, Energy markets, Globalization, Guest Post, India, Middle East, Politics, Russia
Posted by Yves Smith at 5:30 am | 19 Comments »
Tech Billionaires Accelerate Homelessness Crisis
Palantir co-founder Joe Lonsdale leads charge for police state response that sees him and fellow techno-capitalists profit and gain more control.
Topics: Guest Post, Politics, Private equity, Privatization, Social policy, Social values, Surveillance state, Technology and innovation, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 10 Comments »
Coffee Break: Armed Madhouse – Ageing Patriots
For decades, the Patriot missile system has symbolized American technological superiority and alliance reassurance. But modern missile warfare is evolving toward saturation attacks, rapid adaptation, and low-cost offensive abundance. The deeper problem confronting Patriot may not be interceptor performance alone, but whether the institutional and industrial logic behind American missile defense can evolve fast enough to match the accelerating tempo of modern warfare.
Topics: Banana republic, Coffee Break
Posted by Haig Hovaness at 2:00 pm | 12 Comments »
AI is Hungry for Power and You Are Footing the Bill
AI promises efficiency in offices but its insatiable power needs are making life more costly for communities at large.
Topics: Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 5 Comments »
Links 5/12/2026
Topics: Links
Posted by Yves Smith at 6:57 am | 148 Comments »
Iran War: More Trump Sound and Fury as Financial Times and Old Line Neocon Robert Kagan Declare War on Iran Conflict; Plastics and Other Shortages Becoming Visible
Today’s Iran war news: Trump is predictably acting as if he is doubling down as criticism from the elites gets much louder.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:55 am | 175 Comments »
Is This the End of Keir Rodney Starmer (As UK Prime Minister)?
Starmer’s rapid rise and (apparent) fall are symptomatic of a broader trend unfolding across the Davos regimes of the collective West.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 31 Comments »
How the Green Revolution Went Awry: Food Systems and Policies Undermining Food Security
Big Ag, which has shaped food policies, profits more from “innovations “in food production, processing, and distribution than food security.
Topics: Africa, Agriculture, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Permaculture, Politics
Posted by Yves Smith at 5:34 am | 7 Comments »
Coffee Break: Trump Admin Combines Reality Show Nonsense With Very Real Grifting
Trump’s Transportation Secretary distracts with a reality show launch as a Trump-linked company launches a $4.8 billion IPO.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 21 Comments »
Putin’s Misleading Factoids on Russia-Israel Ties
Many, perhaps in part due to Putin-myth-stoking, think more Israelis are close to Russia than is demonstrably the case.
Topics: Dubious statistics, Globalization, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 9:55 am | 14 Comments »
Links 5/11/2026
Topics: Links
Posted by Conor Gallagher at 6:58 am | 52 Comments »
Iran War: Iran’s Response to US Proposal Deemed “Totally Unacceptable,” as Bibi Makes Even More Demands; Xi Summit Confirmed; Crunch in Physical Oil Eases as Traders Back Off
Today’s Iran war news: Trump predictably lashes out as Iran refuses to cede any ground in talks. Xi talks are on, likely a further complication.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:54 am | 129 Comments »
The Same Democrats Behind War Crimes ‘R’ Us Are Preparing to Sell You an Imperial Rebrand for 2028
Rhodes, Sullivan, and Schiff’s chief counsel begin crafting a foreign policy for the capitalist class and new messaging for the proles.
Topics: Middle East, Politics, Ridiculously obvious scams, Russia, Social values, Surveillance state, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 30 Comments »
Why ‘De-Risking’ May Not Deliver a Large Peace Dividend
Does an increase in bilateral trade reduce the probability of militarized conflict?
Topics: China, Globalization, Guest Post, Risk and risk management, The destruction of the middle class
Posted by Conor Gallagher at 4:00 am | 3 Comments »


