Why the downside to Trump economic policies are far greater than the press and pundit class are willing to acknowledge.
Recent Items
Thursday, November 6, 2025
Complacency, Denialism and the Risk of an Economic Trumpocalypse
Topics: China, Credit markets, Currencies, Doomsday scenarios, Dubious statistics, Economic fundamentals, Free markets and their discontents, Globalization, Income disparity, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 10:50 am | 91 Comments »
Links 5/2/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 134 Comments »
Washington Is Once Again Weaponising the IMF to Try to Reclaim Its “Back Yard”
Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 8 Comments »
What Are the Health Impacts of Plastic?
Scientists are investigating how plastic additives and microplastics affect our bodies, and are worried about what they’ve learned so far
Topics: Environment, Guest Post, Health care, Politics, Regulations and regulators, Science and the scientific method
Posted by Yves Smith at 5:55 am | 12 Comments »
Federal Cuts Gut Food Banks as They Face Record Demand
An update on the worsening shortfalls at food banks as the impact of Federal cuts takes hold.
Topics: Banana republic, Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 2:21 am | 27 Comments »
US-Ukraine Minerals Deal: Has Trump Agreed to Continue Military Support? Even if Not, Will He Fall for an Endowment Effect Trap?
Will the Ukraine minerals deal become a tar baby for Trump?
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Investment management, Legal, Media watch, Politics, Russia
Posted by Yves Smith at 9:55 am | 69 Comments »
Links 5/1/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 139 Comments »
Satyajit Das: The Unravelling – Part 2: Contagion & Containment
Mapping the contagion fever chart of how a Trump financial meltdown might unfold.
Topics: Banking industry, Credit markets, Currencies, Doomsday scenarios, Dubious statistics, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Hedge funds, Macroeconomic policy, Private equity, Risk and risk management, The destruction of the middle class
Posted by Yves Smith at 6:54 am | 24 Comments »
The Legal Limits of Trump’s Crackdown on Sanctuary Cities Like Philadelphia
Trump is escalating his campaign against sanctuary cities, and potentially even sanctuary churches. How might that play out?
Topics: Globalization, Guest Post, Income disparity, Legal, Politics, Social policy, Social values, Surveillance state, The destruction of the middle class
Posted by Yves Smith at 3:25 am | 4 Comments »
Global South and Multilateral Financial Institutions: Where Does BRICS Stand?
Why BRICS has gotten barely anywhere on launching its own finanicial institutions and why that is unlikely to change soon if ever.
Topics: Banking industry, Credit markets, Currencies, Economic fundamentals, Globalization, Guest Post, Politics
Posted by Yves Smith at 1:49 am | 29 Comments »
Satyajit Das: The Unravelling – Part 1: Economic & Financial Furies
Why the Trump-induced economic and financial train wrecks will be more severe than most pundits seem to anticipate.
Topics: Banking industry, Credit markets, Currencies, Doomsday scenarios, Dubious statistics, Economic fundamentals, Globalization, Guest Post, Macroeconomic policy, Market inefficiencies, Politics, Private equity, The dismal science
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 4/30/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 142 Comments »
Book Review: ‘Autocracy, Inc.’ by Anne Applebaum
A fine gift for someone you hate.
Topics: Garrulous insolence, New McCarthyism, Politics, Ridiculously obvious scams, Russia, Surveillance state
Posted by Conor Gallagher at 6:00 am | 42 Comments »
China Leapfrogging the U.S. in Tech Innovation
Some sobering facts on how China is outstripping the US in science and technology advances.
Topics: China, Economic fundamentals, Guest Post, Science and the scientific method, Technology and innovation
Posted by Yves Smith at 5:55 am | 45 Comments »
Michael Hudson and Yanis Varoufakis with Ann Pettifor on Economic and Political Paradigm Changes
The formidable trio of Michael Hudson, Yanis Varoufakis, and Ann Pettifor assess the rapid changes in our economic system.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Privatization, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:46 am | 19 Comments »



