Investors seem unduly chill about the risk that a US attack on Iran will produce a formal or de facto closure of the Strait of Hormuz.
Recent Items
Saturday, July 12, 2025
Will Iran Actually Close the Strait of Hormuz? Eni CEO Weighs In
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Guest Post, India, Investment outlook, Politics
Posted by Yves Smith at 3:00 am | 43 Comments »
Via the False Claims Act, NIH Creates Another Weapon for Ideological Enforcement at Universities
Universities are loath to take NIH funding due to “evil” grant terms that make ideological non-compliance subject to False Claims Act damages
Topics: Guest Post, Health care, Legal, Politics, Science and the scientific method
Posted by Yves Smith at 2:03 am | 5 Comments »
What’s Next for Capitalism — Reinvention or Authoritarian Rule?
In Capitalism and Its Critics, John Cassidy presents historical foes of monopoly, inequality, environmental peril, and authoritarianism
Topics: Free markets and their discontents, Guest Post, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:41 am | 13 Comments »
Coffee Break: Texas Is the MAGA vs RINO Frontline
Texas is the 3rd largest US state. It’s been under GOP rule for 21 years and a civil war is brewing between MAGA and RINO factions.
Topics: Coffee Break, Guest Post, Politics
Posted by Nat Wilson Turner at 2:00 pm | 40 Comments »
The Economic Consequences of the Second Trump Administration: A Preliminary Assessment
An overview of the economic impact of Trump’s second term flurry from some Serious Economists. They don’t find much to like.
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 5 Comments »
Links 6/18/2025
Topics: Links
Posted by Yves Smith at 6:58 am | 216 Comments »
The Ancients: What Can They Teach Us About Our World and How to Live in It?
I recently added a new volume to my Shelf of Little Books, some of which are not so little but all of which repay re-reading that helps me understand our world a little better with each successive encounter. The newest resident of the shelf was published earlier this year by Princeton University Press: Following Nature’s […]
Topics: Economic fundamentals, Environment, Free markets and their discontents, The dismal science
Posted by KLG at 6:50 am | 20 Comments »
Rob Urie: As Goes Iran, So Goes Humanity
Discussing the risk of nuclear escalation in Iran.
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East
Posted by Yves Smith at 6:05 am | 86 Comments »
Plans for More Intense Censorship if US Joins Israel Attack on Iran?
A Twitter post gives a credible forecast of the intensification of censorship that is in store if the US directly attacks Iran.
Topics: Legal, Media watch, Middle East, Pandemic, Politics, Surveillance state
Posted by Yves Smith at 3:10 am | 55 Comments »
Coffee Break: Armed Madhouse – Israel’s Ominous Future
The fog of war is thick over the current hostilities between Israel and Iran, but the intense interest in short-term outcomes of this regional war may be obscuring the ultimate prospects for Israel as negative trends undermine its militaristic foreign policy. I will describe these trends and the likely outcome. Loss of International Support The […]
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 65 Comments »
Laith Marouf on Iran’s Escalatory Path and Its Expectations of a Long War
Lebanon-based jouranlist Laith Marouf provides some granular detail on Iran’s and Israel’s operations and what might come next in the war
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East
Posted by Yves Smith at 9:55 am | 99 Comments »
Links 6/17/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 154 Comments »
Welcome to Peak Palantir
The company that ” knows everything about you” is going from strength to strength as war rises and and the so-called “liberal” West turns into a dystopian novel.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 13 Comments »
Generative AI in Universities: Grades Up, Signals Down, Skills in Flux
Yet more confirmation that student use of AI comes as the expense of skill acquisition. So why get educated?
Topics: Guest Post, Ridiculously obvious scams, Social values, Technology and innovation
Posted by Yves Smith at 5:55 am | 31 Comments »
‘Not Accountable to Anyone’: As Insurers Issue Denials, Some Patients Run Out of Options
Health insurers are behaving even more badly, yet advocates do not seem to be pushing for the remedy of external appeal for denials.
Topics: Guest Post, Health care, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 4:03 am | 9 Comments »