Friday, July 25, 2025
House Committee Wraps Up Historic Investigation Into Oil Industry
A congressional panel released another round of internal oil industry documents, capping off a two-year investigation.
The Political Disruptions of Fiscal Austerity
Confirmation that austerity is bad for political stabiity because ordinary citizens don’t take well to their governments treating them badly.
The Political Economy of Effective Altruism
How the effective altruism discourages collective action….by design.
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2:00PM Water Cooler 12/16/2022
~ Today’s Water Cooler ~
Michael Hudson Discusses the Future of Europe and Global Restructuring
Michael Hudson describes how the war with Russia is changing the economic and political order, and not to the advantage of Europe and the US.
Will the Fallout from “Qatargate” Splatter the European Commission?
As the Qatargate scandal widens, questions are being asked as to whether its reverberations will reach the Commission, the EU’s executive branch. Recent revelations suggest the EU’s Chief Diplomat Josep Borrell could be implicated.
Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets
ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.
Bankman-Fried, Political Money, and the Crash of FTX
How FTX showering money on both parties to try to paralyze regulators.
2:00PM Water Cooler 12/15/2022
~ Today’s Water Cooler ~
Arctic Report Card 2022: The Arctic Is Getting Rainier and Seasons Are Shifting, with Broad Disturbances for People, Ecosystems and Wildlife
An update on the impact of global warming in the Arctic.
