Greenspan Ran the Fed for 18 Years and Left an Economic Time Bomb
Michael Hudson and Radhika Desai: take a hard look at Greenspan’s misrule at the Fed and find more not to like than you might know about
Read more...Category Archives: Market inefficiencies
Iran War: Expected Hardening of Iran Posture in Wake of Funerals for US-Israel War Martyrs; Iran Hits Two Tankers Transiting on Oman Side; China Buying Non-Iran Gulf State Oil, Opposes Iran Control Plans; Yet More on Oil Price Anomalies as Crack Spreads Widen Further
Today’s Iran war news: Why the conflict is set to become more acute, with mid-August a potential crisis window.
Read more...Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis
The Bank of International Settlements took a look at the AI bubble. Not surprisingly, it found a lot not to like.
Read more...Iran War: US Doubles Down on Claim Iran Agreed to IAEA Inspections, Ballistic Missile Limits After Iran Denial; Dispute Over Food for Frozen Assets; Lebanon Ceasefire Holds as US Presents Withdrawal Plan; More on Looming Oil Cliff, Diesel and Lubricants Shortages
Today’s Iran war update: The big struggle is on the narrative front, as Iran swatted back JD Vance claims as the oil cliff keeps approaching.
Read more...Shutting Down Federal Bee Labs Threatens Bees, Beekeepers and the US Food System
Is the country’s food supply being destroyed intentionally?
Read more...Private Equity Now Owns 1 in 8 Apartment Units, a 50 Percent Increase Since 2021
Private equity’s expansion into housing comes at the same time as Americans are increasingly struggling to afford rent.
Read more...Artificial Stupidity in the Persian Gulf
The planned central hub for American digital—and dollar— supremacy goes up in flames, but Silicon Valley and Washington refuse to learn anything.
Read more...What’s in the Price of a Gallon of Gas?
Energy crises are good times for oil refiners—not so much for the rest of us.
Read more...Louisiana Advances One of the Country’s ‘Cruelest’ Anti-Homeless Bills
One homeless advocacy group said the bill, which would require homeless people to perform unpaid labor to pay for involuntary treatment, “evokes debtor’s prisons, convict leasing, and the ugliest day of Jim Crow.”
Read more...Iran War: Trump Doubles Down on “Reign Hell” April 6 Threat, Also Reports F-15 Officer Rescued; US Strike on Bushehr Nuclear Plant Breaches Protection Circuit; Multiple Interconnected Supply Crises Baked in Within Weeks; UPDATE Iran Claims Two More US Planes Downed
Today’s Iran war news: Trump reiterates his dangerous escalation threat as the real economy Titanic is about to hit the iceberg.
Read more...Massive US War Spending Hike Raises Debt, Taxes, Doubts
As US President Donald Trump pushes the world to war, arms spending has been rising worldwide. Wars secure more budgetary allocations, mainly benefiting the US-dominated military-industrial complex.
Read more...Polymarket Manipulation and Other Guessing Games
How Polymarket traders using tools like “insider finder” to identify positions that look based on special intel can be fleeced.
Read more...Two Decades of Chinese Industrial Subsidies
A profile of China’s subsidies and how they have changed over time. Counter-intuitively, agriculture is the most important recipient.
Read more...American Pirates and the Coming Militarization of Commercial Shipping
Much be made o’ china militarized commercial ship sightin’ but there be Yankee gentlemen o’ fortune o’er yonder.
Read more...Coffee Break: Boxing Day Miscellany
Part the First: No, This Is Not Another Bell Labs. Bell Labs was justifiably renowned as the place to do high level physics and engineering. It also supported Arno Penzias and Robert Wilson in their research that identified the background cosmic microwave radiation that is the remnant of the Big Bang. But Bell Labs worked […]
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