What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
Saturday, July 25, 2026
Rishi Sunak Could Become PM. Here’s What He Doesn’t Want You to Know
From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK’s richest PM
2:00PM Water Cooler 7/8/2022
~ Today’s Water Cooler ~
Think Johnson Has Had a Bad Week? He’s Achieved What He Wanted
Johnson’s political project was to destroy what trust was left in UK politics. And he’s succeeded
Washington Doubles Down on Hyper-Hypocrisy After Accusing China of Using Debt to “Trap” Latin American Countries
Washington has intensified its Latin American charm offensive (onus on the word “offensive”) by warning of the dangers posed by China’s increasing use of “debt trap” diplomacy in the region.
Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions
CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?
2:00PM Water Cooler 7/7/2022
~ Today’s Water Cooler ~
Widely Used Hospital Gowns Show Signs of Exposing Workers to Infection
Visibly filmsy “isolation” gowns, OK’d by the CDC for Covid and other infectious disease care, have been found by a new study to be unsafe.
The G7 Is Still Pushing Its Nutty Russia Oil Price Cap Idea
A new effort to punch Russia in the nose look as likely to backfire as earlier attempts, charitably assuming the scheme gets off the ground.
FBI Now Joins in China Warmongering in Bizarre Speech in London with MI5 About Taiwan, Intellectual Property Theft
The US is really really out to heat things up with China…
Fossil Fuel Interests Are Behind Canada’s Blue Hydrogen Push
Fossil fuel producing Canada is promoting the blue hydrogen con.
2:00PM Water Cooler 7/6/2022
~ Today’s Water Cooler ~
