Open-end funds have grown significantly over the past two decades and now manage around $41 trillion in assets globally. And the risk they pose to the global economy is rising, says the IMF.
Thursday, January 8, 2026
IMF Just Flagged Another Multi-Trillion Dollar Threat to the Global Financial System: Open-End Funds
The U.S. Is Preparing Its Response to the “Short-Sighted” Strategy of OPEC+
The US is having a hissy over the OPEC+ production cut. Not a good look.
Reflections on Graeber and Wengrow’s ‘Dawn of Everything’
David Graeber and David Wengrow spent ten years studying and thinking about human prehistory.
2:00PM Water Cooler 10/6/2022
~ Today’s Water Cooler ~
A Wee Rant About the State of Travel
Travel is no fun.
KLG: What if Medicine Were Taught Like a Science?
An unsparing look at some glaring deficiencies in reserach and training in medicine.
Brexit Britain Is All Alone in a Senseless Pursuit of Disaster Capitalism
As other nations return to state-led investment, Truss and Kwarteng act to weaken the democracy, economy and rights of Britain.
Is the Energy Transition Taking Off—or Hitting a Wall?
Why, as they say in Maine, you can’t get get there from here as far as our green energy plans are concerned.
2:00PM Water Cooler 10/5/2022
~ Today’s Water Cooler ~
Washington, Brussels Set Sights on TurkStream Pipeline Amid Crackdown on Ankara-Moscow Cooperation
By Conor Gallagher At the beginning of this year there were four pipelines carrying natural gas from Russia to Europe, and a fifth (Nord Stream 2) was about to come online. Now Nord Stream 1 and 2 are dead, the Yamal Pipeline is closed, and the amount of gas flowing through Ukraine is greatly diminished. […]
Links 10/5/22
Lambert and I, and many readers, agree that Ukraine has prompted the worst informational environment ever. We hope readers will collaborate in mitigating the fog of war — both real fog and stage fog — in comments. None of us need more cheerleading and link-free repetition of memes; there are platforms for that. Low-value, link-free […]
Satyajit Das: The Financial Party Is Coming to an Abrupt End
There seems to be no escape from looming economic and financial problems, but the officialdom will do it best to delay the reckoning.
Supreme Court Grapples with Animal Welfare in a Challenge to a California Law Requiring Pork to Be Humanely Raised
By David Favre, Professor of Law at Michigan State University College of Law and Co-Founder of the Animal Legal Defense Fund. Republished from The Conversation. Should Californians be able to require higher welfare standards for farm animals that are raised in other states if products from those animals are to be sold in California? The […]
How Cloud Services Allow Tech Titans to Act as Knowledge and Information Gatekeepers
Regulators largely ignore the cloud services industry, despite high concentration, lack of transparency, and potential for predation.
