The EU submits to Trump on trade and accepts further insult via required US investment and energy purchases
Recent Items
Tuesday, September 16, 2025
The EU-US Trade Deal: Von der Leyen Just Subordinated the EU as the US’ Largest-Ever Vassal State
Topics: Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Globalization, Guest Post, Politics, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 76 Comments »
Links 7/28/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 184 Comments »
Cruel Executive Order on Homelessness Is Also Ineffective Policy—Unless Goal Is to Discipline Workers and Boost Prison Industry
Blaming homelessness on mental illness and drug addiction deflects attention away from true culprit of American rapaciousness.
Topics: Doomsday scenarios, Privatization, Ridiculously obvious scams, Social policy, Social values, Surveillance state, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 22 Comments »
Trump’s Push for More Deportations Could Boost Demand for Foreign Farmworkers With ‘Guest Worker’ Visas
More slave labor was always the goal.
Topics: Legal, Ridiculously obvious scams, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 6 Comments »
Fed’s Rates Not Restrictive for Markets. Financial Conditions Ultra-Loose. Manias Form, Margin Debt Blows Out, Junk Bonds Party in La-La-Land
Despite the Fed depicting its current rate policy as restrictive, manic pricing in many financial markets says otherwise.
Topics: Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Investment outlook
Posted by Yves Smith at 4:07 am | 13 Comments »
As White House Touts ‘Economic Boom,’ Americans Say They’re Barely Scraping By
Despite Trump’s economic claims, with rising tariffs, just 30% of Americans say they can meet their costs per a poll from Data for Progress.
Topics: Economic fundamentals, Globalization, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 7:26 am | 65 Comments »
Links 7/27/2025
Topics: Links
Posted by Haig Hovaness at 6:55 am | 183 Comments »
The Sunday Morning Movie Presents: Master Of The Flying Guillotine (1976) Run Time: 1H 33M
Master of the Flying Guillotine is a movie about a martial artist facing down an implacable foe bent on vengeance.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 11 Comments »
Links 7/26/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 175 Comments »
Michael Hudson: Church and Finance – From the Crusades to World War I
Michael Hudson extends his historical review from debt in antiquity the role of the Catholic Church in the rise of banking and war finance.
Topics: Banking industry, Credit markets, Economic fundamentals, Europe, Guest Post, Income disparity, Politics
Posted by Yves Smith at 6:54 am | 21 Comments »
Will Voters Turn to Corbyn and Socialism over Starmer’s Big Finance Love-In?
A discussion of whether voters would back Corbyn-style socialism, particularly given Starmer’s ever-rightwards shift.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, The destruction of the middle class, The dismal science, UK
Posted by Yves Smith at 6:04 am | 75 Comments »
Coffee Break: Fossil Fuels and Health, EPA, AI that Works, and a Belated Retraction
Part the First: The Healthcare Costs of Fossil Fuels. One would think this is a no-brainer. Nevertheless, the Current Administration has its stone cold heart set on gutting the Office of Research and Development in the Environmental Protection Agency. I suppose it would be churlish once again to note the EPA is one of the […]
Topics: Guest Post
Posted by KLG at 2:00 pm | 9 Comments »
Israel’s Atrocities Have Destroyed Its Reputation and Its Security
Netanyahu’s survival strategy, which now includes starving children, is putting Israel at risk in a big way.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics, Social policy, Social values
Posted by Yves Smith at 9:59 am | 70 Comments »
Links 7/25/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 141 Comments »
Washington and Beijing’s Mexican Standoff
As Trump’s bumbling threats continue to alienate the US in Latin America, China is increasingly determined to hold its ground in the US’ so-called “backyard”.
Topics: Guest Post
Posted by Nick Corbishley at 6:47 am | 8 Comments »