The Iran War has accelerated the emergence of a new world order, but the world system remains the same. This distinction is crucial.
Recent Items
Thursday, April 9, 2026
After the Iran War: A New World Order, but Not a New System
Topics: China, Coffee Break, Middle East, Politics, Russia, Social policy
Posted by Curro Jimenez at 2:00 pm | 2 Comments »
Psilocybin Mushrooms Are Going Mainstream, but Scientific Research and Regulation Lag Behind
Less is known about psilocybin mushrooms than you might think even as their popularity and potency of products like edibles rises.
Topics: Guest Post, Health care, Regulations and regulators, Science and the scientific method
Posted by Yves Smith at 9:55 am | 6 Comments »
Links 4/9/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 43 Comments »
Iran War: US Pokes Iran in the Eye with Immediate Bad Faith Dealing Over Ceasefire; Strait of Hormuz Again Closed; US Insists Talks in Pakistan On but Iran Demands Halt in Lebanon Attacks
Today’s Iran War news: The ceasefire fell apart, which looks to have been the plan, as in it was merely a ruse from the outset.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:51 am | 217 Comments »
Satyajit Das: BNPL – Buy Now, Pain Later
A look at the economics of the hot new way to create yet more debt slaves: BNPL, as in buy now pay later loans.
Topics: Banking industry, Credit markets, Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 4:02 am | 1 Comment »
Why Europe Can Still Face a Gas Crisis Without a Gas Shortage
The EU’s plans to buy US oil, LNG, and nuclear energy products to lower reliance on Russian gas by 2028 is costly!
Topics: Economic fundamentals, Energy markets, Environment, Europe, Free markets and their discontents, Global warming, Guest Post, Middle East, Russia
Posted by Yves Smith at 1:46 am | 5 Comments »
Coffee Break: Fake Ceasefire, Cognitive Dissonance, & Conflicting Agendas
Reactions to yesterday’s news of a ceasefire in the US-Iran Ramadan War have varied due to cognitive dissonance and conflicting agendas among key players including POTUS Trump, Israel, Iran’s Supreme Leader, the IRGC, the UAE, the Saudis, China, and Pakistan.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 38 Comments »
The Fight Over ‘Critical Minerals,’ Explained
How the US is playing dog-in-the-manger with critical minerals by disregarding WTO rules so as to stymie China.
Topics: China, Commodities, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Globalization, Guest Post, Politics, Technology and innovation
Posted by Yves Smith at 9:54 am | 5 Comments »
Links 4/8/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 59 Comments »
Iran War: MSM Ceasefire Reporting Obscures Iran Agreeing to US Capitulation, Trump Depicting Different Deal; Israel Not a Party, States It Will Not Comply; Reason to Doubt Much Hormuz Traffic Increase Soon, Which Would Mean More Supply Pressure
Today’s Iran War news: why the much-ballyhooed Iran ceasefire is much less than it seems to be.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:56 am | 354 Comments »
Notes on the American Justification for the Ramadan War in West Asia of 2026
Why is the United States at war with Iran in 2026? Several excuses have been used by the current administration to justify the spiral of conflict and ratchet of escalation over the past five weeks. These include but are probably not limited to: Iran exports terrorism across the globe. Iran is not a democracy and […]
Topics: Doomsday scenarios, Middle East, Politics, Social values
Posted by KLG at 6:46 am | 23 Comments »
Can I Opt Out of Having My Doctor Take Notes With AI?
What if anything you can do to prevent recording and AI transcriptions/summaries of doctor visits.
Topics: Guest Post, Health care, Legal, Regulations and regulators, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 4:25 am | 5 Comments »
Coffee Break: Armed Madhouse – Running Dry in the Sky
U.S. global air power depends on aerial refueling, but the tanker fleet that sustains it is under growing strain. What appears sufficient on paper becomes fragile in practice, revealing a widening gap between strategic ambition and the physical limits of force projection.
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 17 Comments »
The Fed, Congress, and the President: The Constitutional Authority to Make Money
The struggle over the Fed is a constitutional conflict: in a representative system, the power over money belongs to the legislature
Topics: Federal Reserve, Free markets and their discontents, Guest Post, Macroeconomic policy, Payment system, Politics, Regulations and regulators
Posted by Yves Smith at 9:55 am | 6 Comments »
Links 4/7/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 64 Comments »



