Fearless commentary on finance, economics, politics and power

Big companies are cutting white collar jobs, because AI, and warn more is to come. What does this mean for the economy and social stability?

The US and its major European and Asian allies have embarked on a Eurasia contaiment strategy. What are its prospects?

Richard Murphy argues that it’s long past time to stop equating all nationalism with Nazism and instead embrace a form of nationalism based on the politics of care. 

More wanton Trump Administration immiseration of the non-rich, here by blocking state efforts to bar credit reporting of medical debt.

ICE Barbie Kristi Noem, Secretary of the Department of Homeland Security, is on the front lines of Trump 2.0 era conflict and corruption alongside Palantir co-founder Joe Lonsdale.

All the US energy poured into imperial submission accelerates the gains of humanity’s greatest threat. 

Upon reading this collection of essays (the title of this post) from Wolfgang Streeck and then contemplating our current world, The Second Coming of William Butler Yeats comes to mind: Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon […]

Investors believe that companies and industries in “red” areas will be hit harder by tariff blowback than those in “bluer” regions.

Data centers’ rapidly rising resource demands is fuelling rising internatiional opposition.

“Category 6” hurricane with wind gusts up to 250 mph is set to bring flooding, landslides, and other life-threatening impacts.

For over a century, U.S. warships projected power through the simple act of showing up offshore. That age is ending. The Littoral Combat Ship (LCS) program, conceived as the modern tool of gunboat diplomacy, has collapsed under the weight of strategic obsolescence. This article examines the LCS program’s structural failures, the rise of anti-access/area denial technologies, and recent real-world challenges in Venezuela and Yemen that reveal why coercive naval presence no longer works.

Various hogs are lined up at the AI slop trough under the banner of Trump 2.0, including Elon Musk and various Gulf States.