Another G-7 economy, the UK, took a big step toward adopting a central bank digital currency (CBDC). At the same time, the first largish economy to have launched a CBDC, Nigeria, descends further into financial chaos.
Recent Items
Wednesday, January 14, 2026
This Was Another Big Week for Central Bank Digital Currencies (CBDCs)
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 41 Comments »
How Did the German Greens Become the Party of Warmongers?
German media ignore Hersh + the Greens’ Faustian bargain during the Yugoslav Wars leads directly to Germany’s perilous position today as divisions erupt over ongoing escalation with Russia.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Conor Gallagher at 6:00 am | 93 Comments »
Hit With Extreme Weather, Texas Cities Debate Cost of Adaptation
Experts say local governments should prioritize extreme weather preparedness. But building resilience is expensive, and the wealthy can afford to do it for themselves.
Topics: Environment, Global warming, Income disparity, Infrastructure, Politics, Social values
Posted by Conor Gallagher at 5:00 am | 17 Comments »
2:00PM Water Cooler 2/9/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 108 Comments »
Elite Splits Over Ukraine Shed a Tiny Bit of Light on Factions
It is possible to infer a few things from recent Ukraine push-and-pulling, but none of it is reassuring.
Topics: China, Doomsday scenarios, Europe, Globalization, Politics, Russia
Posted by Yves Smith at 6:54 am | 146 Comments »
Meatpacking. Healthcare. Housing Rentals. Industries Across the Board Using Tech to Fix Wages and Prices
DOJ says it’s going to crack down as lawsuits pile up against real estate Goliaths and US officially becomes a “rent-burdened nation.”
Topics: ECONNED, Free markets and their discontents, Hedge funds, Legal, Market inefficiencies, Private equity, Real estate, Technology and innovation
Posted by Conor Gallagher at 6:50 am | 7 Comments »
Growing Body of Research Suggests Offshore Oil’s Methane Pollution Is Underestimated
Previous efforts to regulate offshore methane emissions stalled, despite role in helicopter crashes.
Topics: Energy markets, Environment, Global warming
Posted by Conor Gallagher at 6:00 am | 2 Comments »
The Obama Presidential ‘Library’
Obama has an edifice complex! Who’d have thunk it?
Topics: Guest Post, Income disparity, Politics, Real estate, Social policy, The destruction of the middle class
Posted by Yves Smith at 1:38 am | 37 Comments »
Seymour Hersh: Navy Divers + Spooks + Norway Took Out Nord Stream 2 on Biden’s Orders, Using Timer
Colonel Mustard in the Library with the Candlestick Spooks and divers in the Baltic with the C4.
Topics: Banana republic, Europe, Guest Post, Media watch, Politics, Russia
Posted by Lambert Strether at 3:55 pm | 200 Comments »
2:00PM Water Cooler 2/8/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 47 Comments »
Links 2/8/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 234 Comments »
Carbon Capture Project Is ‘Band-Aid’ to Greenwash $10 Billion LNG Plant, Locals Say
Texas community fights to save its coastline as the developers of Rio Grande LNG reassure investors over climate impact.
Topics: Carbon credits, Energy markets, Environment, Global warming, Guest Post, Infrastructure, Politics, Regulations and regulators
Posted by Lambert Strether at 5:55 am | 8 Comments »
Evidence-Based Medicine for the Modern Age of Artificial Intelligence
Evidence-Based Medicine remains a subfield of Big Pharma marketing and conventional neoliberal economics.
Topics: Guest Post, Health care, Ridiculously obvious scams
Posted by Lambert Strether at 4:55 am | 7 Comments »
Russia’s Budget Deficit Jumps Amid Plunging Oil Revenues
Russia had a budget shortfall due to a fall in energy-related tax receipts. How serious a problem is this development?
Topics: Credit markets, Currencies, Economic fundamentals, Energy markets, Europe, Guest Post, Macroeconomic policy, Russia, Taxes
Posted by Yves Smith at 3:41 am | 50 Comments »


