We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.
Recent Items
Monday, April 21, 2025
DOGE Taketh Away From the Many as Trump Pays Off Crypto Bros With New “Strategic” Fund, Above All, Crypto Czar David Sacks
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Federal Reserve, Free markets and their discontents, Income disparity, Investment management, Payment system, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 6:54 am | 35 Comments »
Woe to You Who Deprive the Poor of Their Rights
A battle of theologies in the age of Trump.
Topics: Politics, Social policy, Social values
Posted by Conor Gallagher at 5:00 am | 25 Comments »
Jane D’Arista on How the Failure of Global Finance Is Systemic
Jane D’Arista describes the internationalization of finance and how is has produced not just crises but fundamental economic distortions
Topics: Banking industry, Credit markets, Free markets and their discontents, Globalization, Guest Post, Payment system
Posted by Yves Smith at 12:37 am | 9 Comments »
Links 3/2/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 228 Comments »
The Empire Rebrands
Both Biden’s “Foreign Policy for the Middle Class” and Trump’s “America First” are packaged to solicit support from the American people for empire.
Topics: Economic fundamentals, Guest Post, Politics, Ridiculously obvious scams, Social policy, Social values
Posted by Conor Gallagher at 6:00 am | 45 Comments »
Mass Terminations Have Cut USDA ‘Off at the Knees,’ Ex-employees Say
The US is now a net importer of food. “America First” policies threaten to make situation worse, but who could benefit?
Topics: Commodities, Guest Post, Politics, Ridiculously obvious scams
Posted by Conor Gallagher at 5:00 am | 27 Comments »
Trump-Zelensky-Vance Blowup: Does Zelensky Regime End with a Bang, Not a Whimper?
Some hot takes on the epic Trump-Zelensky slugfest.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 10:06 am | 240 Comments »
Links 3/1/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 204 Comments »
Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Demand by America’s most affluent is driving consumer spending. That spending, in turn, is the main force keeping inflation so high
Topics: Dubious statistics, Economic fundamentals, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 6:00 am | 26 Comments »
Coffee Break: End-of-the-Week Thoughts on Science and Other Matters Arising
KLG’s first weekly Coffee Break medical science sightings. Feedback and recommendations for sources welcome!
Topics: Coffee Break, Guest Post
Posted by KLG at 2:15 pm | 37 Comments »
2:00PM Water Cooler 2/28/2025
~ Today’s Water Cooler: Politics, Syndemics; Goddamned Democrats; Big Z at the White House (transcript); Economy already worrisome; Epigenetics: Violence alters human genes for generations ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 177 Comments »
Over-Planting of GM Corn Costing Farmers Billions, Study Finds
Yet another example of GM crop induced harm to farmers.
Topics: Guest Post, Legal, Permaculture, Technology and innovation
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 2/28/2025
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 207 Comments »
What Could Possibly Be Worse Than Carbon Credit Markets? Water Credit Markets. And They Could Be On Their Way
The goal, says Singapore’s president, is to develop “a reliable (sic) carbon credit system with a stapling on of water and biodiversity credits.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 13 Comments »
Charlie Krauss: What the Enron Egg Says About AI’s Nuclear Courtship
How nuclear small modular reactors (SMR) hype, with a boost from AI, has reached absurd, as in satire-suitable, levels.
Topics: Energy markets, Environment, Guest Post, Investment outlook, Media watch, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:00 am | 29 Comments »