A new study tallies the cost of US war-fomenting in the Middle East. The numbers get big fast.
Recent Items
Monday, June 30, 2025
‘Death Outlives War’: Analysis Estimates Post-9/11 US Conflicts Killed Over 4.5 Million
Topics: Doomsday scenarios, Middle East, Politics
Posted by Yves Smith at 5:35 am | 10 Comments »
2:00PM Water Cooler 5/15/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin
Central banks provide even more gimmies to banks than you likely realized.
Topics: Banking industry, Dubious statistics, Federal Reserve, Free markets and their discontents, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 5/15/2023
Topics: Guest Post, Links
Posted by Conor Gallagher at 6:55 am | 205 Comments »
Turkiye Has Its Own Russiagate as Election Heads to Runoff
In run-up to the vote the opposition candidate claimed (without evidence) that Moscow was interfering in the election.
Topics: Energy markets, Europe, Politics, Russia, Turkey
Posted by Conor Gallagher at 6:45 am | 18 Comments »
Eurobanks and London Firms Insist Very Bad Things Will Happened if Euro Derivatives Clearing Moves to Continent
anks and loser clearinghouses are complaining about a (long) planned derivatives relocation to Europe. But is this mainly special pleading?
Topics: Banking industry, Currencies, Derivatives, Doomsday scenarios, Europe, Investment management, Politics, Regulations and regulators, Risk and risk management, UK
Posted by Yves Smith at 6:30 am | 10 Comments »
United Pilots Picket for Better Contract After American, Southwest Counterparts Authorize Strikes
Will “the most pro-labor president in history” get to smash another looming strike?
Topics: CEO compensation, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Politics
Posted by Conor Gallagher at 4:00 am | 9 Comments »
Links 5/14/2023
Topics: Links
Posted by Conor Gallagher at 6:55 am | 207 Comments »
AI May Be on Its Way to Your Doctor’s Office, But It’s Not Ready to See Patients
The technology misses life-threatening conditions, lacks privacy protections, and tends to “hallucinate,” but adopting the it could make the healthcare industry billions.
Topics: Health care, Private equity, Technology and innovation
Posted by Conor Gallagher at 6:00 am | 21 Comments »
The EU Looks Doomed to Repeat its Russia “De-Risking” Strategy with China
Plans are lacking, but that hasn’t stopped Brussels before.
Topics: China, Economic fundamentals, Energy markets, Europe, Guest Post, Politics, Russia
Posted by Conor Gallagher at 5:00 am | 47 Comments »
Links 5/13/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 154 Comments »
Understanding Your Cat’s Wild Side
In “The Cat’s Meow,” evolutionary biologist Jonathan B. Losos explores the ancestral roots of the modern housecat.
Topics: Curiousities, Guest Post
Posted by Yves Smith at 5:32 am | 30 Comments »
The Taliban and the Islamic State Continue to Fight for Afghanistan’s Future
True to form for US nation-breaking exercises, Afghanistan is afficted by continuing facional power strugges.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 4:37 am | 22 Comments »
2:00PM Water Cooler 5/12/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 62 Comments »
The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Topics: Banking industry, Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post
Posted by Yves Smith at 9:55 am | 42 Comments »