Today’s Iran war news: As the US becomes weaker and Iran gets stronger, will the US resort to a nuclear bomb?
Recent Items
Thursday, July 23, 2026
Iran War: Washington Post, Telegraph Confirm US Inability to Sustain War; Ansar Allah Closes Bab el-Mandeb Amid Reports of MBS Dethronement; Possibility of Nuclear Attack on Pickaxe Mountain
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 154 Comments »
The US Escalates Its Assault on Brazil’s Free-to-Use (for Citizens and Micro Businesses) Digital Payments System
“[F]ew things have provoked more outrage [in Brazil] than Trump’s attack on PIX, the country’s beloved instant-payment system.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 12 Comments »
Turkiye Is Poised To Open Up A New Containment Front Against Russia in the Black Sea
Turkiye committing to ensuring Ukraine’s maritime security poses a serious threat to Russia.
Topics: Europe, Politics, Russia, Turkey
Posted by Yves Smith at 4:16 am | 12 Comments »
Coffee Break: The Worst People on Earth Have Big Plans for Us All
There are a lot of very very bad, no good at all things happening in the world right now and a vanishingly small number of really really awful people behind an astonishing amount of the worst of it.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 21 Comments »
Europe’s Heatwave Is Becoming an Energy Crisis
The US escalation in its war against Iran couldn’t come at a worse time for Europe.
Topics: Energy markets, Europe, Middle East, Russia
Posted by Conor Gallagher at 9:55 am | 10 Comments »
Links 7/20/2026
Topics: Links
Posted by Conor Gallagher at 6:58 am | 75 Comments »
Iran War: Brief US Pause Followed by Renewed Strikes as Iran Intensifies Attacks on Bases and Kuwait Desalination; Continued Speculation About US Operation
Today’s Iran war news; The US looks to be gearing up for Something Stupid, as if the mere continuation of the war didn’t suffice.
Topics: China, Doomsday scenarios, Energy markets, Environment, Media watch, Middle East, Politics
Posted by Yves Smith at 6:07 am | 125 Comments »
American Oligarchs Sell the Ground Out From Underneath Their Own Feet
Their “Arsenal of Democracy” is breaking down (a good thing!); too bad it doesn’t mean redirecting social capital toward social needs.
Topics: Banana republic, China, Free markets and their discontents, Globalization, Social policy, Social values, Surveillance state, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 38 Comments »
Dangerous and Historic Wildfire Smoke Pollution Event Engulfs the U.S. and Canada
An assessment of the wildfire smoke emergency in the US, and a warning that more is inevitable.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Hedge funds
Posted by Yves Smith at 1:12 am | 7 Comments »
Links 7/19/2026
Topics: Links
Posted by Haig Hovaness at 6:55 am | 135 Comments »
The Sunday Morning Movie Presents: Ítélet AKA Judgement (1970) Run Time 1H 31M Plus Bonuses!
Ítélet is a movie about revolution and punishment.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 7 Comments »
What Science Loses When T. Rex Becomes a Trophy
Shared natural heritage, on the auction block.
Topics: Privatization, Science and the scientific method, Social values
Posted by Conor Gallagher at 6:00 am | 20 Comments »
Links 7/18/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 158 Comments »
Michael Hudson with Radhika Desai: We’re Headed for a Depression Worse Than 2008
Michael Hudson and Radhika Desai discuss how much of supposed US economic performance is illusory, and what happens when it unwinds.
Topics: China, Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Globalization, Income disparity
Posted by Yves Smith at 5:00 am | 42 Comments »
Albania’s Flamingo Revolution Tests the New Western Order
A Kushner project has caught Albania between US and EU interests, with revolution-seeking Western networks playing a big role.
Topics: Environment, Europe, Free markets and their discontents, Politics, Privatization, Ridiculously obvious scams
Posted by Yves Smith at 1:40 am | 12 Comments »



