As recent events in Germany (and elsewhere) have shown, even strong proponents of a cashless economy have an interest in safeguarding the future of cash, if only for the sake of financial stability.
Recent Items
Friday, July 24, 2026
Recent Payment Outage in Germany Underscores One of the Dangers of a Cashless Economy: System Fragility
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 17 Comments »
The Next PM Won’t Be Any Better – Look at the MPs Who Want Boris Johnson Out
Boris Johnson’s continuing survival as Prime Minister demonstrates how weak and rotten UK leadership has become.
Topics: Brexit, Doomsday scenarios, Energy markets, Guest Post, Politics, UK
Posted by Yves Smith at 2:45 am | 25 Comments »
2:00PM Water Cooler 6/6/2022
~ Today’s Water Cooler: Open Thread ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 106 Comments »
Will “Living With Covid”™ Even Be Possible? (Because What About the Brain Fog?)
A review of what we know of Long Covid, with some lateral thinking.
Topics: Banana republic, Guest Post, Pandemic, Politics
Posted by Lambert Strether at 1:55 pm | 102 Comments »
Links 6/6/2022
Topics: Links
Posted by Lambert Strether at 6:58 am | 110 Comments »
Mobile Internet Access and the Desire to Emigrate
Internet access may be boosting the desire to emigrate while reducing the costs of finding information on opportunities abroad
Topics: Globalization, Infrastructure, Technology and innovation
Posted by Lambert Strether at 6:50 am | 15 Comments »
Michael Hudson: Is US/NATO (with WEF Help) Pushing for a Global South Famine?
Are the coming famines in Africa and parts of Asia an accident or design?
Topics: Africa, Banana republic, Commodities, Currencies, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Globalization, Guest Post, Politics, Russia
Posted by Yves Smith at 5:22 am | 101 Comments »
Blowback for the Twenty-First Century, Remembering Chalmers Johnson
visiting Chalmer Johnson’s over 20 year old classic, Blowback, which dishearteningly has become if anything more prophetic as time passes.
Topics: Banana republic, Doomsday scenarios, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:37 am | 52 Comments »
Did New Ambassador Bridget Brink Undermine President Biden’s Ukraine Rockets Policy Her First Day on the Job?
Vicky Nuland, at it again!
Topics: Europe, Guest Post, Russia
Posted by Lambert Strether at 3:25 pm | 42 Comments »
Links 6/5/2022
Topics: Links
Posted by Lambert Strether at 6:55 am | 191 Comments »
Q&A: The Causal Relationship Between Inequality and Climate Change
Climate change policies focused only on greenhouse gas emissions will be less successful than a broader approach that tackles inequality and climate change together.
Topics: Global warming, Globalization, Guest Post, The destruction of the middle class
Posted by Lambert Strether at 6:50 am | 15 Comments »
Links 6/4/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 297 Comments »
Our Country Is Trading Children’s Lives for Guns
Gun culture is fed by gun-makers and the gun lobby, the right-wing media and Hollywood. Our children are paying the price.
Topics: Guest Post, Legal, Politics, Social policy, Social values
Posted by Yves Smith at 6:37 am | 58 Comments »
Biden Kowtows To Saudi Arabia
A scheduled Biden in-person meeting with Saudi Crown Prince Mohammed bin Salman is a sign of desperation.
Topics: Economic fundamentals, Energy markets, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 6:20 am | 20 Comments »
A Small Win Out of Our Post on CalPERS’ Covid Regulation-Breaking and (Yet Again) Fibbing
Our warning about a big Covid outbreak at CalPERS may not have produced any changs there, but it did lead other state agencies to shape up.
Topics: CalPERS, Media watch, Pandemic, Regulations and regulators
Posted by Yves Smith at 6:07 am | 6 Comments »



