Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South
If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?
Read more...Author Archives: Yves Smith
The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus
Is Trump about to achieve a big win in Russia’s back yard?
Read more...Food Rescue Grows in Response to Federal Funding Cuts
Food rescue, charities that use excess from wholesalers, provide free groceries to those in need as Federal programs cut support.
Read more...Links 8/5/2025
Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?
Trump’s attempt to bully India into dropping Russian oil buys is not succeeding. What happens now?
Read more...Economists Wake Up to West’s Trade and Technology Dependence on China
Useful data on and discussion of China’s dominance of inputs and technologies essential to the West.
Read more...Wall Street Journal Describes How AI Will Eat McKinsey’s Lunch
What a large series of scandals could not do to McKinsey might finally be accomplished by AI: cut the firm down to size.
Read more...Former Ambassador M. K. Bhadrakumar Throws Cold Water on the Idea That India Is Keen About BRICS
Bhadrakumar explains why India does not think all that highly of BRICS.
Read more...Links 8/2/2025
Michael Hudson: From Babylon to Wall Street – How Bankers Make You Poor
A wide-ranging historical discussion with Michael Hudson, tracing the destructive rise the power of lenders from ancient times to today.
Read more...The Hidden Ways Heat Threatens Pets, Children, and Older Adults
Heat risks are rising along with global temperatures. Some warning signs in vulnerable groups, including those who take certain medications
Read more...As Tariffs Bite and Jobs Stall, New Interactive Tool Tracks How Much Trump and GOP Are Raising the Cost of Living
As Trump’s new tariffs are about to squeeze American wallets even harder, a new tool helps keep track of the damage.
Read more...Chronically Ill? In RFK Jr.’s View, It Might Be Your Own Fault
RFK, Jr.’s policy views confirm that he hates the poors.
Read more...Trump Is Hellbent on Derailing India’s Rise as a Great Power
Is there some logic to Trump’s 25% tariff threat against India, or is this just more pique over his limited influence?
Read more...Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity
China’s leaders admit to widespread overcapacity, such as in EVs and solar panels. Faillure to solve it could generate Japan-style deflation
Read more...