If the AI bubble bursts, the data center build-up could become the infrastructure for economic tokenization and state surveillance
Recent Items
Thursday, May 28, 2026
Is the AI Data Center Boom Building the Infrastructure for Tokenization and Control?
Topics: Coffee Break, Guest Post, Macroeconomic policy, Payment system, Surveillance state
Posted by Curro Jimenez at 2:00 pm | 6 Comments »
The Brits, French, & Germans Are Now Right on Russia’s Doorstep
Russia has cleared its throat about naked European escalatory threats and belligerent moves. What next?
Topics: Doomsday scenarios, Europe, Guest Post, Macroeconomic policy, Politics, Russia
Posted by Yves Smith at 9:55 am | 28 Comments »
Links 5/28/2026
Topics: Links
Posted by Conor Gallagher at 6:58 am | 39 Comments »
Iran War: US Attacks Iran for Second Day as Trump Rejects Leaked Iranian Outline of Terms, Threatens to Bomb Oman; US Draining of Strategic Petroleum Reserve to Contain Energy Prices Means Energy Cliff Arrives Sooner
Today’s Iran war update: The US and Iran trade blows as Trump forcefully rejects fundamental Iran demands and Israel pounds Lebanon.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 5:15 am | 108 Comments »
Electile Dysfunction—Why Can’t the Democrats Get Their Polls Up?
Quelle surprise! The Democrats will not attend to the material needs of its traditional popular base because it is thrall to its donor class.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Privatization, The destruction of the middle class
Posted by Yves Smith at 4:00 am | 35 Comments »
Satyajit Das: Book Essay: In Western Eyes – A History of the idea of the West
A treatise on what the idea of the West falls short on synthesis but still provides good grist for discussion.
Topics: Europe, Globalization, Guest Post, Politics, Russia, Social values, UK
Posted by Yves Smith at 2:05 am | 4 Comments »
Coffee Break: Trump-Endorsed Paxton Crushes Bush-Era Relic Cornyn
Primary runoff elections in Texas show that the two most dangerous threats to incumbent politicians are Donald Trump and AIPAC.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 21 Comments »
Blair Invokes AI to Revive TINA, Denying TIARA
Swamp creature Tony Blair emerges to tell the suffering public that they should accept even more hardship because AI.
Topics: Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Guest Post, Income disparity, Politics, Privatization, Regulations and regulators, Technology and innovation, The destruction of the middle class, UK
Posted by Yves Smith at 9:55 am | 37 Comments »
Links 5/27/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 55 Comments »
Iran War: Negotiations Deadlocked on Fundamental Issues as Media Keeps Up Happy Talk; Iran Promises Retaliation as US Still Coiled to Strike
Today’s Iran war news: Much of the media depicts to-ing and fro-ing as progress while Israel escalates in Lebanon and the energy cliff nears
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:56 am | 138 Comments »
And Then There Was One: The Eurasian Unity Project Runs Out of Trade Route Options as Washington Successfully Spreads Chaos
With multiple other routes coming undone Beijing ramps up efforts for a corridor through Iran and Türkiye to Europe.
Topics: China, Europe, Globalization, Infrastructure, Middle East, Russia, Turkey
Posted by Conor Gallagher at 5:00 am | 12 Comments »
A Short History of Sportswriting: The Clues Are on the Billionaires’ Scorecards
A retrospective on US sportswriting, with a focus on class warfare.
Topics: Curiousities, Guest Post, Media watch, Politics, Social values
Posted by Yves Smith at 2:51 am | 24 Comments »
Coffee Break: Armed Madhouse – The Cuba Temptation
After a failed Middle East campaign, Washington could face immense political pressure to demonstrate restored American strength through a nearby and seemingly manageable military operation. Cuba’s proximity, military weakness, and symbolic significance could make it appear deceptively attractive as a target. Yet what begins as coercive intervention could rapidly evolve into occupation, regional destabilization, hemispheric political backlash, and strategic overreach.
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 28 Comments »
A More Resilient Europe Faces a Renewed Energy Shock – But Difficult Trade-Offs May Resurface
A new analysis of the impact of the Iran war on the energy and economic prospects for Europe has a whistling-pas-the-graveyard feel.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Environment, Guest Post
Posted by Yves Smith at 9:55 am | 10 Comments »
Links 5/26/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 110 Comments »



