Author Archives: Yves Smith
Iran War: Trump and Top Officials Cancel Holiday Plans, Suggesting Imminent Attack; Walmart Reports Consumers Self-Rationing Gas
Today’s Iran war news: Negotiations are now at an impasse and Trump is taking visible steps consistent with new attacks.
Read more...Ex-CIA Officer John Kiriakou Breaks Down Spy Movies
CIA torture whistleblower John Kiriakou talks spy tradecraft.
Read more...Lavrov Elaborated on the US’ Plans To Eternally Control the EU’s Energy Market
How the US is on the way to making the EU even more captured vassals by controlling critical energy supplies.
Read more...Iran War: Quelle Surprise! Vanishingly Unlikely “Deal” Visibly Falling Apart as US Consumer Spending Crumbling
Today’s Iran war news: Talks fantasies get a harsh dose of reality as Iran rejects a US nuclear demand while consumers go green at the gills.
Read more...Climate Denier Group Pushes States to Embrace Coal Power for Data Centers
Moneyed interests are linking support of two bête noires, coal and data centers, to better shove them down voters’ throats
Read more...Holiday Coverage Note
I hope you get a break this weekend (for those living where Monday is a a holiday). We will kick a a bit too.
Read more...Establishment Democrats Still Don’t Get Why They Lost in 2024
Democrats can’t face that they don’t have a message because having one with broad appeal would alienate too many powerful factions.
Read more...Iran War: Trump-Netanyahu Dust-Up Over Negotiations – Bona Fide or Deception? Oil Speculators Cheer Three Supertankers Leaving Gulf, as Continued Bond and Financial Market Decline Seems Likely
Today’s Iran war news: Some oil leaving the Gulf gave markets a boost, but the US-Iran impasse remains, along with US attack threats.
Read more...Satyajit Das: The Global Economy – A Very Uncertain Future!
Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.
Read more...Norway Wants To Lead a “Viking Bloc” for Containing Russia in Northern Europe
Norway seeks to lead a small but arguably well-located group of nations to impede Russia. Yes, seriously.
Read more...Why Public Policy’s Core Value Should Be Equality
Humans have a strong, evolution-based desire for fairness and equality, yet they are more and more neglected in policy design.
Read more...Links 5/20/2026
Iran War: US Experts and Iran Still Expect Major Attack; Wall Street Journal Debunks Trump Claim of Gulf State Intervention; Bond Rout Intensifies
Today’s Iran war update: The US still looks to be planning to resume the war against Iran even as the bond market rout intensifies.
Read more...Michael Hudson Warns: Imminent Economic Catastrophe – War, Oil Crisis & Bond Market Panic
Michael Hudson explains how the financier-friendly medicine of higher interest rates will only make the impending economic crisis worse.
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