Part the First: The War in West Asia Viewed from East Asia. The daily updates compiled here have been essential for cutting through the fog of war associated with the current War in West Asia. Many people have marveled at the sheer stupidity of another unnecessary (to be redundant) war of choice in the Middle […]
Recent Items
Friday, March 27, 2026
Coffee Break: East Asia and the War in West Asia, RIP Metaverse, Cetacean Doulas, and Social Sycophancy
Topics: Coffee Break, Doomsday scenarios, Energy markets, Social policy, Social values, The destruction of the middle class
Posted by KLG at 2:00 pm | 1 Comment »
The Controversy Over Deep-Sea Mining, Explained
Deep-sea mining backers want metals for clean tech. Indigenous Pacific Islanders call it a threat to life, culture, and the ocean itself.
Topics: Energy markets, Environment, Global warming, Guest Post, Legal, Technology and innovation
Posted by Yves Smith at 9:55 am | 5 Comments »
Links 3/27/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 36 Comments »
Iran War: Trump Faffs About, Extending Deadline for Strike Threat by 10 Days as US Military and Energy/Materials Shortfalls and Shortages Expected in Weeks; Iran Allows Transit of Trapped “Friendly” Ships
Today’s Iran war update: Trump and his inner circle seem astonishingly oblivious to accelerating damage to the economy and the military.
Topics: Commodities, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East
Posted by Yves Smith at 6:54 am | 193 Comments »
The Trump Administration’s Supposed “War” on Latin America’s Drug Cartels Has a New Name: “Operation Total Extermination”
While the War Department is currently focused on partner-led deterrence operations, it does not not rule out unilateral US strikes across Latin America.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 6 Comments »
Two Verdicts in Two Days: How American Courts Are Rewriting the Rules for Big Tech and Children
Will two verdicts against tech platform operators over the danger to children lead to a tidal wave of lawsuits? That jury is out.
Topics: Guest Post, Legal, Social values, Technology and innovation
Posted by Yves Smith at 3:28 am | 7 Comments »
The War on Iran Cannot Be Explained by Material Interests Alone
The War on Iran, observed beyond geopolitics: power, belief, and history shaping conflict beyond material interests
Topics: Coffee Break, Doomsday scenarios, Middle East, Politics, Social values
Posted by Curro Jimenez at 2:00 pm | 26 Comments »
Australia’s Fuels Dependence Turns Into a Crisis
Australia is on its way to becoming the first advanced economy major victim of the Iran war due to baffling policy choices.
Topics: Australia, Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Guest Post
Posted by Yves Smith at 9:59 am | 28 Comments »
Links 3/26/2026
Topics: Links
Posted by Conor Gallagher at 6:59 am | 44 Comments »
Iran War: Accelerating Economic Damage Creates Urgency on Strait of Hormuz Closure; Shambolic US Assault Preparations Continue; Iran Demands Recognition of Sovereignity Over Strait; Houthis Set to Strangle Red Sea Traffic if US Makes Ground Attack
Trump’s fight with the Iran war tar baby is at great risk of creating even more dangerous escalation.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 401 Comments »
Satyajit Das: The Modern ‘Share the Scraps’ Economy
A clinical look at the extractive behavior that all that share, erm, sharing economy talk obscures.
Topics: Guest Post, Investment outlook, Legal, Politics, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class, Uber
Posted by Yves Smith at 6:45 am | 2 Comments »
How the US Became an International Serial Killer
An Iran-focused update on America’s shameful, destabilizing status as global killer in chief
Topics: Doomsday scenarios, Guest Post, Legal, Middle East, Politics, Social values
Posted by Yves Smith at 2:56 am | 20 Comments »
Coffee Break: OpenAI, Sora, Iran, the Ellison Empire, and Maybe a Recognition Event?
OpenAI’s shutdown of its Sora video generation engine service and the ensuing cancellation of a $1 billion deal with Disney may represent a recognition event for the company and the larger LLM economic boom.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 35 Comments »
Easing Capital, Reviving Risk: The Quiet Return of Too Big to Fail
Less capital, more risk. The latest move on big-bank rules suggests that too big to fail was never solved, only deferred.
Topics: Banking industry, Credit markets, Dubious statistics, Economic fundamentals, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 3/25/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 71 Comments »



