Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS
Recent Items
Sunday, October 19, 2025
Michael Hudson: Europe’s Surrender
Topics: China, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Globalization, Guest Post, India, Politics, Russia
Posted by Yves Smith at 4:51 am | 24 Comments »
Alfred McCoy: Controlling the ‘World Island’
More on Alfred McCoy re how how H.J. Mckinder’s “world island” has shaped Western strategic thinking, here with respect to the Pacific
Topics: China, Economic fundamentals, Globalization, Guest Post, Japan, Politics
Posted by Yves Smith at 3:54 am | 19 Comments »
Coffee Break: Biotech vs. Science, NIH Under New Management, More on Malaria, Dreams of De-Extinction, and an Aside on the State of America
Part the First: Is This How to Do Science? San Diego, with the University of California-San Diego and the Scripps Research Institute leading the way, has been a Biotech/Little Pharma hotspot since the beginning, a strong third behind Boston and the Bay Area. Ups and downs are common, but in the current climate it is […]
Topics: Coffee Break, Garrulous insolence, Health care, Science and the scientific method, Social values, Species loss, Technology and innovation
Posted by KLG at 2:00 pm | 29 Comments »
As the Colorado River Slowly Dries Up, States Angle for Influence Over Future Water Rights
The wrangling over who gets what out of the Colorado Rivers is one of many escalating fights over ever more scarce water.
Topics: Environment, Global warming, Guest Post, Legal, Politics
Posted by Yves Smith at 9:16 am | 21 Comments »
Links 8/8/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 143 Comments »
Demand for Cash In Euro Area Is Rebounding Just As ECB Prepares to Launch Digital Euro
The ECB insists that cash’s role will be protected once the digital euro goes live. But can its word be trusted?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 11 Comments »
‘Disaster in the Making’: Trump to Open 401(k)s to Crypto, Private Equity Vultures
“Stuffing private equity, crypto…. into 401(k)s is about propping up scams and bailing out an industry that’s run out of buyers”
Topics: Guest Post, Investment management, Politics, Private equity, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 4:00 am | 23 Comments »
The China Shock Hits Germany
How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.
Topics: Auto industry, China, Economic fundamentals, Energy markets, Europe, Guest Post, Russia
Posted by Yves Smith at 3:08 am | 36 Comments »
The West’s Ethical Framework Might Not Recover After the Israeli Genocide in Gaza
The Israeli genocide in Gaza violates the Silver Rule, the foundation of nearly all ethical frameworks
Topics: Coffee Break, Middle East, Moral hazard
Posted by Curro Jimenez at 2:00 pm | 80 Comments »
Questioning the Corporation
A review of the development and current undue power of corporations provides insightful history but goes off the rails on some current issues.
Topics: Corporate governance, Guest Post, Legal, Politics
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 8/7/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 192 Comments »
Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies
A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies
Topics: Banana republic, Credit markets, Dubious statistics, Federal Reserve, Legal, Politics, Real estate
Posted by Yves Smith at 6:55 am | 33 Comments »
Satyajit Das: Book Essay – Understanding Iran
A look at modern Iran’s grand strategy and the danger of continued Western underestimation.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 6:00 am | 5 Comments »
How States Are Placing Restrictions on AI in the Absence of Strong Federal Regulation
Yves here. On the one hand, it is gratifying to see that some curbs are being put on AI, even if in a piecemeal fashion by states. Restrictions on AI use in medicine, for instance, will tend to have broader impact since most providers are national and will find it too costly to run a […]
Topics: Guest Post, Legal, Politics, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 1:21 am | 9 Comments »
Coffee Break: Grifter as Greek God, Palmer Luckey of Anduril
Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America’s defense industry. He’s not.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 31 Comments »