Sure, take the $1,000 that Trump wants to give newborn kids. But never put another dime in a Trump Account..
Recent Items
Wednesday, July 8, 2026
Fire Any Financial Advisor Who Tells You to Utilize a Trump Account
Topics: Guest Post, Income disparity, Investment management, Politics, Social policy, Taxes, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 5 Comments »
Links 7/8/2026
Topics: Links
Posted by Conor Gallagher at 6:59 am | 34 Comments »
Iran War: Trump Declares MOU Over After Biggest US-Iran Exchange of Strikes Since Signing in Struggle Over Strait of Hormuz Control; US Suspends Iran Oil Sanction Waiver
Today’s Iran war news: As many expected, the MOU is coming apart as the US-Iran fight for control of the Strait of Hormuz escalates.
Topics: Doomsday scenarios, Energy markets, Environment, Media watch, Middle East, Politics
Posted by Yves Smith at 6:54 am | 121 Comments »
A Bang or a Whimper? Comparing Imperial Collapse in the US to the UK’s Decline
Book Review: Erik Linstrum’s ‘Age of Emergency: Living with Violence at the End of the British Empire’.
Topics: Doomsday scenarios, Income disparity, Macroeconomic policy, Middle East, Russia, Social policy, Social values, Surveillance state, UK
Posted by Conor Gallagher at 6:00 am | 24 Comments »
A Super El Niño Is Coming: 5 Hard‑Won Lessons the World Can Learn From Africa
Africa suffered in past super El Niño events and developed approaches to prevent and mitigate harm. Can rich countries learn?
Topics: Africa, Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Income disparity, Permaculture, Social policy
Posted by Yves Smith at 2:46 am | 2 Comments »
Coffee Break: Armed Madhouse – From Spy Satellites to Peace Satellites
Military reconnaissance satellites have become indispensable instruments of national security, yet they remain overwhelmingly dedicated to advancing competing national interests. This article argues that the same technological revolution could instead become the foundation of a new international institution: independently governed Peace Satellites that generate trusted public evidence for diplomacy, arms control, humanitarian response, and conflict prevention.
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 5 Comments »
How the Lack of Housing Affordability Harms Europe’s Citizens
A look at the mechanisms by which poor housing affordability hurts the European public.
Topics: Economic fundamentals, Europe, Income disparity, Real estate, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 7/7/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 92 Comments »
Iran War: Expected Hardening of Iran Posture in Wake of Funerals for US-Israel War Martyrs; Iran Hits Two Tankers Transiting on Oman Side; China Buying Non-Iran Gulf State Oil, Opposes Iran Control Plans; Yet More on Oil Price Anomalies as Crack Spreads Widen Further
Today’s Iran war news: Why the conflict is set to become more acute, with mid-August a potential crisis window.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Market inefficiencies, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 99 Comments »
The Day Trump and the Epstein Class Nearly Broke the FIFA World Cup
The US government’s contempt for the international rule of law now even extends to the world of football.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 46 Comments »
The Colorado River Crisis Is Reaching a Breaking Point
The power struggle over the Colorado River is a microcosm of coming water use fights which too often will feed wars.
Topics: Economic fundamentals, Environment, Guest Post, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 3:04 am | 22 Comments »
Coffee Break: The Fake Progressive Lane Closes in Michigan Senate Primary
Mallory McMorrow has dropped out of the Michigan Democratic Senate primary, ending the Elizabeth Warren era of feckless faux-progressive policy ideas backed by idpol attacks against the left.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 26 Comments »
The Spectacular Regrowth of New England’s Forests
The rebound of forests in the northeast U.S. is the “greatest forest recovery in the history of the world.” This is how it happened.
Topics: Environment, Global warming, Guest Post
Posted by Conor Gallagher at 9:55 am | 20 Comments »
Links 7/6/2026
Topics: Links
Posted by Conor Gallagher at 6:57 am | 90 Comments »
The Hypersociality Hypothesis
Can hypersociality help reconcile obvious elite stupidity with top-down conspiracy theories?
Topics: Corporate governance, Guest Post, Ridiculously obvious scams, Social values
Posted by Yves Smith at 6:54 am | 46 Comments »



