Gail Tverberg argues that the war in Ukraine does not get Russia or other energy producers out of their scarity bind.
Recent Items
Sunday, January 18, 2026
No One Will Win in the Russia-Ukraine Conflict
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Europe, Free markets and their discontents, Global warming, Guest Post, Politics, Russia
Posted by Yves Smith at 6:57 am | 86 Comments »
Housing Is a Human Right—Here’s How to Make It a Reality
e federal government has enables the private market to profit from housing. Time for a public option for housing?
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Real estate, The destruction of the middle class
Posted by Yves Smith at 6:48 am | 42 Comments »
Closing Hours of 2022 Mini-Fundraiser for Water Cooler!
Readers, many thanks!
Topics: Guest Post, Notices, Water Cooler
Posted by Lambert Strether at 4:25 pm | 16 Comments »
2:00PM Water Cooler 4/1/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Colonial Taxes Built Britain. That Must Be Taught in Lessons on Empire
UK government ministers want the British Empire benefits to be taught in schools. Don’t let them ignore the death and destruction it inflicted
Topics: Globalization, Guest Post, India, Social policy, Taxes, UK
Posted by Yves Smith at 9:55 am | 54 Comments »
Links 4/1/2022
Topics: Links
Posted by Lambert Strether at 6:55 am | 119 Comments »
Putin Edict on “Gas for Roubles” Consistent With Original Description (and Our Take); Western Officials Nevertheless Claim a Walkback
Putin’s gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that’s working out to Russia’s advantage.
Topics: Banking industry, China, Commodities, Currencies, Economic fundamentals, Energy markets, Europe, India, Politics, Russia
Posted by Yves Smith at 6:54 am | 69 Comments »
Spanish Government Reaps Whirlwind After Antagonizing Its Biggest Natural Gas Supplier
Alienating your most important natural gas provider is hardly a good idea even at the best of times. And right now, with the world facing its biggest energy crisis in at least half a century, is certainly not the best of times.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 8 Comments »
Joe Lauria Interviews Michael Hudson and Richard Wolff on Consortium News
Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.
Topics: China, Commodities, Currencies, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Guest Post, Politics, Russia
Posted by Yves Smith at 6:35 am | 41 Comments »
2:00PM Water Cooler 3/31/2022
~ Today’s Water Cooler. Please don’t forget the 2022 Water Cooler Minifundraiser! ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 79 Comments »
Russia’s War Against Ukraine Might Persistently Shift Global Supply Chains
Economists are begining to grapple with the question of how the Russia-Ukraine war will reshape supply chains.
Topics: Economic fundamentals, Globalization, Guest Post, Russia, The dismal science
Posted by Yves Smith at 9:55 am | 41 Comments »
Links 3/31/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 206 Comments »
Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Topics: China, Currencies, Doomsday scenarios, Economic fundamentals, Europe, Media watch, Politics, Russia
Posted by Yves Smith at 6:54 am | 101 Comments »
‘Their Inflation Strategy Is Working’: Corporate Profits Soared to Record High in 2021
“CEOs can’t stop bragging on corporate earnings calls about jacking up prices on consumers to keep their profits soaring,” said one expert.
Topics: Corporate governance, Free markets and their discontents, Guest Post, Income disparity, Investment management, The destruction of the middle class
Posted by Yves Smith at 6:53 am | 21 Comments »
The IMF Connection with the Ukraine Crisis
You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.
Topics: Banana republic, Credit markets, Currencies, Doomsday scenarios, Europe, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:39 am | 9 Comments »


