Recent Items
Friday, April 18, 2025
Your Face = Your Passport: The Hi-Tech, Dystopian Future of International Travel
“E-gates… open the possibility of harvesting the travel data and biometrics of the population across our lifetimes.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 4 Comments »
Trump Makes Presumed Empty but Loud Threat to Fire Fed Chair Powell, Showing that Trump Will Continue to Wreck Markets and the Economy to Prove His Manhood
Trump is now taking on Fed chair Powell over Powell’s refusal to cut rates to bail Trump out of the economic messes he created.
Topics: Federal Reserve, Investment outlook, Legal, Politics
Posted by Yves Smith at 5:55 am | 3 Comments »
Tariffs, the Dollar, and Equities: High-Frequency Evidence from the Liberation Day Announcement
Sales of US equities by foreign owners played a meaningful role in the falll of the dollar after the Trump tariff rampage began.
Topics: Credit markets, Currencies, Economic fundamentals, Globalization, Guest Post, Investment outlook
Posted by Yves Smith at 3:03 am | No Comments »
Trump Back on Track to Failed Iran Negotiations and Likely War
After only one US exchange with Iran, new noises from Witkoff and others show the US upping its demands to a level not acceptable to Iran
Topics: Doomsday scenarios, Middle East, Politics
Posted by Yves Smith at 10:19 am | 40 Comments »
‘Only Hellfire’: Israel Says Lifesaving Aid, Troop Withdrawal Off the Table for Gaza
Israel defense ministers are chuffed about their genocide and and war crimes, now via starvation.
Topics: Guest Post, Middle East, Politics, Social values
Posted by Yves Smith at 6:54 am | 8 Comments »
Trump’s Tariffs Just Torched His Own Energy Agenda
How Trump tariffs are whacking shale development and in turn, Trump’s prized energy dominace strategy.
Topics: Economic fundamentals, Energy markets, Globalization, Guest Post, Politics
Posted by Yves Smith at 6:07 am | 14 Comments »
‘You Don’t Need a Tariff, You Need a Revolution’
Chinese point out that Americans are exploited by oligarchs. But the tariffs, like it or not, are part of a radical right counter-revolution.
Topics: China, Economic fundamentals, Free markets and their discontents, Globalization, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 3:01 am | 75 Comments »
More on DOGE’s Fraud and Destruction
An update on DOGE’s rampage through government functions.
Topics: Banana republic, Dubious statistics, Free markets and their discontents, Income disparity, Politics, Privatization, Ridiculously obvious scams, Social policy, The destruction of the middle class
Posted by Yves Smith at 10:34 am | 40 Comments »
Embracing Climate Change to Hurt China
The U.S. goes all in on the burn-it-all-down strategy.
Topics: China, Doomsday scenarios, Environment, Europe, Global warming, Globalization, Guest Post
Posted by Conor Gallagher at 6:00 am | 19 Comments »
Tariffs and Trade Wars: Failing to Learn from the Great Depression
A detailed discussion of the damage done by Smoot Hawley to illustrate why tariffs typically do more harm than good
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post
Posted by Yves Smith at 5:55 am | 15 Comments »
Who Will Pay the Highest Price for Trump’s Postal Service Privatization Push?
“Without competition from our public Postal Service, for-profit firms would jack up delivery fees on as many customers as possible.”
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Politics, Privatization, The destruction of the middle class
Posted by Yves Smith at 3:11 am | 19 Comments »
Coffee Break: Armed Madhouse – Space War
Our warfare focused Coffee Break: the dangers of militarizing space
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 32 Comments »