Sunday, October 19, 2025

Stagflation Watch for the US Economy as a Whole

Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction

Links 8/6/2025

When One of the World’s Most Powerful Nations Is Run By Spoiled Children 

The US cannot achieve its goals in the world by traditional economic or military means, so it increasingly prefers chaos and destruction. How do the other powers stop it? 

Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South

If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?

The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus

Is Trump about to achieve a big win in Russia’s back yard?

Coffee Break: Armed Madhouse – Iran Has the Bomb

Theodore Postol is a retired MIT physics professor who was a consultant to the Pentagon on nuclear weapons and missile defense. He recently published a presentation on Iran’s nuclear weapons capability, which he summarized in a YouTube interview. Professor Postol explains, in considerable detail, how the construction of a deliverable fission bomb is well within […]

Food Rescue Grows in Response to Federal Funding Cuts

Food rescue, charities that use excess from wholesalers, provide free groceries to those in need as Federal programs cut support.

Links 8/5/2025

Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?

Trump’s attempt to bully India into dropping Russian oil buys is not succeeding. What happens now?

Less Than Four Months After Joint IMF-World Bank Bailout and Lifting of Currency Controls, Argentina Is Back in Crisis Mode

“The IMF’s maximum credit to Argentina… is projected to reach 1,352% of the country’s quota in 2026. This would be the Fund’s largest exposure in absolute terms in its history.”

Economists Wake Up to West’s Trade and Technology Dependence on China

Useful data on and discussion of China’s dominance of inputs and technologies essential to the West.

Coffee Break: Kamala Harris Ducks California Governor’s Race, Drops New Memoir

Kamala Harris won’t be running for Governor of California, but she might want to make another Presidential run. Please don’t.

Links 8/4/2025

Wall Street Journal Describes How AI Will Eat McKinsey’s Lunch

What a large series of scandals could not do to McKinsey might finally be accomplished by AI: cut the firm down to size.

US Power Grab of Global Ports Runs Out of Steam Following Pressure From Beijing 

Trump said the US is “retaking” the Panama Canal (and dozens of other ports). Not so fast, says Beijing.