Why stablecoins are another finanical train wreck in the making.
Recent Items
Friday, October 10, 2025
Time Bomb: How Uninsured Stablecoins and Crypto Derivatives Threaten Financial and Economic Stability
Topics: Credit markets, Currencies, Derivatives, Doomsday scenarios, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams, Risk and risk management, Technology and innovation
Posted by Yves Smith at 2:42 am | 9 Comments »
Ten Reasons Why Trump Should Never Be Awarded the Nobel Peace Prize
Sadly, due to Trump’s relentless and bogus self-promotion as a peacemaker deserving of the Nobel Prize, debunking is in order.
Topics: Banking industry, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 1:50 am | 14 Comments »
Kudos! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
We’ve just started on our final goal, original reporting. Can you make this fundraiser a great success by chipping in now?
Topics: Notices
Posted by Yves Smith at 2:17 pm | 2 Comments »
Europe Is Not a State; That Is Why It Is at War With Russia
The euro’s problem is that the European Union is not a state — and war is the fastest way to become one.
Topics: Coffee Break, Currencies, Europe, Russia, Surveillance state
Posted by Curro Jimenez at 2:00 pm | 18 Comments »
Waiting for the Wheels to Come Off as Jamie Dimon, the IMF and Bank of England Warn of Damage of an AI Bubble Burst
A look at the increasingly expected AI bubble implosion and what the impact might be.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Income disparity, Investment outlook, Japan, Technology and innovation
Posted by Yves Smith at 9:55 am | 40 Comments »
Links 10/9/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 100 Comments »
Mark Ames: Why Finance Is Too Important to Leave to Larry Summers
Mark Ames’ warning about how the then-influential left ceded power by ignoring finance.
Topics: Notices
Posted by Yves Smith at 6:54 am | 5 Comments »
Will Trump Work Himself Into a Shoot Versus Illinois Governor?
Trump seems to be baiting the Democrats into civil conflict, but does anyone involved actually know what they’re doing?
Topics: Guest Post
Posted by Nat Wilson Turner at 6:45 am | 60 Comments »
Economic Justice, Desert, and Capitalism (Again)
Ironically, or maybe not, popular ideas and even those of economists about economic justice are at odds with ownership of capital.
Topics: Free markets and their discontents, Guest Post, Social values, The dismal science
Posted by Yves Smith at 3:45 am | 12 Comments »
Urgent Next Steps for Palestine at the UN
Why the UN should not sit back during the current Israel-Palestine negotiations headfake but should take specific steps to support Palestine.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:04 am | 24 Comments »
Coffee Break: Ken Paxton Takes His Anti-Antifa Fight Undercover
Texas Attorney General Ken Paxton has announced “undercover operations to infiltrate and uproot leftist terror cells in Texas.”
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 9 Comments »
Tom Neuburger: Is the Trump Administration Out to Trigger Civil War Soon?
Looking at the signs that key Trump insiders are looking to find or create a pretext for declaring martial law and triggering civil war.
Topics: Guest Post
Posted by Yves Smith at 9:55 am | 64 Comments »
Links 10/8/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 152 Comments »
Conor Gallagher: Naked Capitalism – A Bulwark Against the Breakdown
Support this site where share information, tips, and laughs over the absurdity of it all in a time of organized abandonment.
Topics: Guest Post, Notices
Posted by Conor Gallagher at 6:54 am | 2 Comments »
The Illnesses of Basic Biomedical Science, Continued: Scientific Publishing
This is Naked Capitalism fundraising week. 1189 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, PayPal, Clover, or Wise. Read about why we’re doing this […]
Topics: Doomsday scenarios, Science and the scientific method, Social policy, Social values
Posted by KLG at 6:50 am | 5 Comments »