Sunday, February 8, 2026

Can the Migration Plan of Spain’s PSOE Reverse the Fortunes of Europe’s Social Democrats?

Why he future of the EU social democratic parties very likely depends on how the PSOE will address the migration issue.

Links 7/27/18

Michel Barnier Nixes Theresa May’s Customs Union Scheme as Bad Brexit Dynamics Worsen

More Brexit Groundhog Day as the EU is compelled to say the same old “nos” to the UK.

Tom Engelhardt: Three Failing Experiments – Mine, America’s Humanity’s?

Engelhardt’s birthday post reflects on how failings are catching up with us, individually and collectively.

China Pumps $74B Into Banks Amid Credit Crisis

China throws some money at banks to offset the effects of its deleveraging initiative.

2:00PM Water Cooler 7/26/2018

Today’s Water Cooler: EU tariffs, NAFTA, paper ballots, partisanship and luxury goods, durable goods, manufacturing, trade, Facebook debacle, AI, Mars opposition, labor economics ad technology, CRISPR in the bathroom

The World Is Hot, on Fire, and Flooding. Climate Change is Here.

In the midst of a global heat wave, the media refuses to talk about climate change.

Links 7/26/18

CalPERS Pays $3.4 Million to Dow Jones to Settle Massive Copyright Infringement That We Exposed

CalPERS has torched $4 million total in beneficiary funds so far by acting as if it were above the law and could steal from journalists and publishers.

The Middle Precariat: The Downwardly Mobile Middle Class

The middle class has taken a big hit. Is it going to mobilize?

Financial Times: Chinese Officials “Awed” by Trump’s “Skill as a Strategist and Tactician”

Believe it or not, many top Chinese officials are impressed with Trump’s game so far.

2:00PM Water Cooler 7/25/2018

By Lambert Strether of Corrente. Trade “Farmers prefer Trump do trade deals than hand them cash” [Associated Press]. ” Many farmers remain critical of President Donald Trump’s tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses… “This is […]

10 Down-to-Earth Things Powell Said about Cryptocurrencies

The Fed is perfectly content to have cryptocurrencies be the SEC’s problem.

Links 7/25/18

Brexit Crash Out Virtually Certain

Brexit uglies are only getting uglier.