Control over Venezuela and Iran’s oil can revive the petrodollar. The U.S. pushes regime change to dictate oil currency and maintain hegemony.
Thursday, October 2, 2025
Trump’s Imminent War(s) and Economic Damage as His Legitimacy Crumbles
Trump may be launching not just one but two wars right after he and Hegseth proudly exhibited their nakedness before the military top brass.
Trump Admin Moving Fast, Breaking Things as Shutdown Continues
The Trump administration is moving fast to capitalize on the opportunities presented by the government shutdown, compliant courts, ethically flexible corporations, and generous foreign governments.
Naked Capitalism: Your Indispensable Bullshit Detector
It is harder and harder to know what is what these days. We have never been so inundated with information, but so much of it is worthless — or worse, misleading.
Israeli Forces Spark Global Outrage by Intercepting Sumud Flotilla Off Gaza Coast [Updated]
Israel has captured some of the courageous passengers and crew of the Gaza relief ship Sumud. They will be tortured.
How Climate Change Is Driving Home Insurance Turmoil
Climate-fueled storms and wildfires are increasing costs and pushing insurers to the limit. What happens if the market breaks?
Hooray! Met Our Third Target! On to the Fourth: Continuing Expanded Daily Links
The fundraiser is going nicely but many of you have yet to contribute! How about chipping in for the daily essential of our morning Links?
Coffee Break: Shutdown, Clampdown, Clownshow or Horror Movie?
Trump, Hegseth and Russell Vought are clamping down and lashing out as the US government shuts down, but how much is clown show and how much is horror?
Announcing a Surprise “Double Your Donation” Challenge!
A backer of many years has thrown down the gauntlet for a surprise “Double Your Donation” challenge. Make her generous offer a big success!
“AI Makes Past Hype Cycles Look Tame”: PitchBook on the Stunning Venture Capital Mania for AI
At these venture capital AI valuations, “exit hurdles become exceptionally large.” That translates into “Look out below!”
Michael Hudson: Naked Capitalism – Your Source for Unique, Unsparing Coverage of Late-State Barbarism
Michael Hudson explains how Naked Capitalism is your information force multiplier. So please give so it can keep working for all of us!
What Does All the Justice Department Sleaze Mean for Your Rental Housing Costs?
The Biden DOJ closed a price- and wage-fixing loophole from the days of Clinton. Is Trump about to reopen it?
Chasing Down Old Nazis in New York Court: Suit Against Volkswagen Controlling Shareholders and Key Managers Over Massive Clean Diesel Fraud
A running battle in New York sees to hold Volkswagen controlling shareholders and key execs accountable for the flagrant “dieselgate” scam
