Today’s Iran war news: The US again engages in market-manipulating deal head-fakery as more evidence of its weak position accumulates.
Recent Items
Thursday, May 7, 2026
Iran War: Iran Pushes Back Against Trump “Deal Is Nigh” as More Evidence of US Failure Emerges, Including Gulf State Mini-Revolt, Even More US Base Destruction, Jet Fuel Price Rise Damage, Conservative Opposition to Trump Climbdown
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 5:30 am | No Comments »
Understanding the Rise in CEO Age
Just like government leaders, the CEO class is becoming more of a gerontocracy. What gives?
Topics: CEO compensation, Corporate governance, Guest Post, Social values
Posted by Yves Smith at 2:40 am | 2 Comments »
Heartland Institute Podcast Questions Whether All Americans ‘Should Have the Right to Vote’
Heartland Institute, an ultra-conservative, climate-denialist, Trump-adjacent think tank, questions whether all adults should vote.
Topics: Guest Post, Income disparity, Legal, Politics, Social policy, Social values, Taxes, The destruction of the middle class
Posted by Yves Smith at 2:00 am | 7 Comments »
Coffee Break: Self-Dealing and Self-Deluding Two Sides of Trump and His Ilk
The Trump regime’s flagrant corruption and obvious irrationality beg the question, ‘Are there any rational actors in power today?’
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 25 Comments »
Economic Management in War: Professor Michael Hudson in Discussion with Ian Proud
An informative and wide-ranging conversation of how economic policies can neglect, support, or impede the prosecution of war
Topics: Currencies, Doomsday scenarios, Dubious statistics, Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Macroeconomic policy, Payment system, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 9:58 am | No Comments »
Links 5/6/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 100 Comments »
Iran War: Trump “Pauses” Failed Operation Freedom, Rubio Claims End to Epic Fury With Strait of Hormuz Still Blockaded and Alarms About Real World Damage Rising
Today’s Iran war news: Team Trump says it is abandoning Project Freedom and Epic Fury while keeping the damaging blockade and sanctions on.
Topics: Agriculture, Doomsday scenarios, Economic fundamentals, Energy markets, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 165 Comments »
The Credibility Crisis in Science
Albert Einstein was chosen by Time magazine as the Person of the Twentieth Century. It was a good choice (and now is a good time to read Einstein more than seventy years after his death in April 1955, here and here). As noted by Thomas Plümper and Eric Neumayer in their newly published book, The […]
Topics: Politics, Science and the scientific method, Social policy, Social values
Posted by KLG at 6:45 am | 19 Comments »
Karaganov’s Candid Assessment Of Europe Shows The World What Russian Hardliners Think
Russian hardliners are set to become more influential as European leaders vows to escalate against Russia.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 2:59 am | 24 Comments »
Coffee Break: Armed Madhouse – Endangered Warships
Naval point defense is often described as a layered shield. In reality, it is a capacity-limited system operating under severe time constraints. As missile and drone attacks become more numerous and persistent, saturation emerges not as an anomaly, but as a predictable outcome. This article analyzes the structural limits of modern U.S. naval air defense and their implications for future naval warfare.
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 22 Comments »
The Fertility Panic Is a Racist, Sexist Tool to Push More Austerity
The fertility freakout conveniently ignores that being a mother is not a great deal and that for planetary health, fewer babies is desirable.
Topics: Dubious statistics, Economic fundamentals, Globalization, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 39 Comments »
Links 5/5/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 61 Comments »
Iran War: Iran Targets US Warships, US Reports Small Successful Gulf Transit, Iran Hits UAE; Putin Call for Middle East to Be a WMD-Free Zone, Challenging Israel Nuclear Program; US Renewed Strikes Still Look Imminent
Today’s Iran war updates: skirmishes flare as Iran contests Trump’s lame Operation Freedom; a bigger attack seems likely.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Media watch, Middle East, Politics
Posted by Yves Smith at 6:54 am | 193 Comments »
Claudia Sheinbaum Is Caught Between a Rock and a Hard Place
The rock is the rising threat of US military intervention in Mexico; the hard place is Sheinbaum’s own party’s narco-politicians.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
“Watch Out for the Chinese Supremacist, Imperialist Mindbenders”
John Helmer looks at a new school of Chinese propaganda and even names names.
Topics: China, Dubious statistics, Economic fundamentals, Globalization, Guest Post, Media watch, Politics, Russia
Posted by Yves Smith at 5:40 am | 29 Comments »


