A perspective from Kurdistan on the US’ choices in the Middle East, with control over oil an open question.
Recent Items
Wednesday, July 30, 2025
The U.S.’ Return to Its “Denial Oil” Strategy Is Critical
Topics: Energy markets, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 2:45 am | 15 Comments »
From the History of Western War Crimes: The Dresden Massacre (February 1945)
On the Dresden firebombing and the established pattern of World War II victors to ignore their war crimes.
Topics: Doomsday scenarios, Europe, Guest Post, Legal
Posted by Yves Smith at 12:58 am | 95 Comments »
2:00PM Water Cooler 2/14/2024
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 89 Comments »
North Ignores ‘Perfect Storm’ in Global South
The risk of rolling financial/economic crises across much of the Global South is high and the pressures seem only to be rising.
Topics: Africa, China, Credit markets, Doomsday scenarios, Economic fundamentals, Federal Reserve, Globalization, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 2/14/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 198 Comments »
Science We Can Use: Why Do Autoimmune Disorders Afflict Women More Often than Men?
A detailed look at a widely-discussed new paper on why autoimmune diseases afflict women much more often then men.
Topics: Guest Post
Posted by Yves Smith at 6:50 am | 6 Comments »
A Look at Private Equity’s Medicare Advantage Grifting
More on why Medicare Advantage is a criminogenic environment. And private equity has gotten in on the action.
Topics: Health care, Private equity, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:30 am | 10 Comments »
What Would Happen If Biden Stepped Aside?
The alternatives if Biden does not make it to the convention, the options are ugly.
Topics: Guest Post, Income disparity, Politics, Ridiculously obvious scams
Posted by Yves Smith at 12:26 am | 125 Comments »
2:00PM Water Cooler 2/13/2024
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 59 Comments »
GoFundMe Has Become a Health Care Utility
Increased reliance on GoFundMe for big medical bills (for those that can even raise money) confirms that the US medical system is predatory.
Topics: Guest Post, Health care, Income disparity, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 2/13/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 192 Comments »
Ukraine Collapse Starting. What Happens Next?
Russia has a lot of choices to make when the Ukraine military collapses.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 6:50 am | 120 Comments »
“Bank Wars” in UK: Santander Denounces Advert By Rival Lender Criticising Out-of-Control Branch Closures
The Spanish banking giant doesn’t appear to have heard of the Streisand effect. Or perhaps it considers itself immune from its fallout
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
Moody’s Just Told You So — Downgrades Israel, Warns That Weaker US Backing for Israel, War With Hezbollah Would Trigger Crash
Ratings agency downgrades of Israel confirm that its economy is taking hits and will suffer even more damage under a long war.
Topics: Guest Post
Posted by Yves Smith at 5:00 am | 23 Comments »
The California “Department of Political Health” Mandates Covid Infection with Its New “One Day” Order (and How to Stop Them)
California’s new rule mandates Covid infection, violates California’s Adminstrative Procedures Act, and its stated purpose is not justified by statute.
Topics: Guest Post, Pandemic, Regulations and regulators, Ridiculously obvious scams
Posted by Lambert Strether at 4:25 pm | 34 Comments »