Despite Trump’s loud proclamations, his fevered Venezuela oil heist dreams are set to go nowhere. So what happens then?
Recent Items
Wednesday, January 7, 2026
Even the Wall Street Journal Doubts the Trump Seize-Venezuela-Oil Scheme
Topics: China, Doomsday scenarios, Dubious statistics, Energy markets, Legal, Politics
Posted by Yves Smith at 5:28 am | 56 Comments »
West Coast Levee Failures Show Growing Risks From America’s Aging Flood Defenses
Across the country, poor communities are much more likely to rely on older levees or underfunded ones that are not part of major federal programs.
Topics: Guest Post
Posted by Conor Gallagher at 5:00 am | 8 Comments »
Links 1/4/2026
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 153 Comments »
The Sunday Morning Movie Presents: A Child’s Garden And The Serious Sea (1991) Run Time: 1H 31M
A Child’s Garden and the Serious Sea is a film about light, memory, and the alien in the everyday.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 8 Comments »
Trump DHS Post Calling for ‘100 Million Deportations’ Suggests Intent to Kick Out Nonwhite Citizens
One journalist called it “absolutely insane Nazi propaganda, posted by the US government.”
Topics: Guest Post, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 30 Comments »
Links 1/3/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 267 Comments »
SMRs Explained: Real-World Economics, Fuel Bottlenecks, and the Race to Scale
A primer on SMRs, as in small nuclear reactors, the new bright idea for how to satisfy insatiable AI energy demand.
Topics: Economic fundamentals, Energy markets, Guest Post, Infrastructure, Politics, Social policy, Technology and innovation
Posted by Yves Smith at 5:12 am | 25 Comments »
Screens and Social Media Are Damaging Kids’ Conversation Skills. Here’s Why This Matters, and How to Get Them Back
Quelle surprise! Smartphone fixation is producing conversation-deficient children.
Topics: Guest Post, Social values, Technology and innovation
Posted by Yves Smith at 4:51 am | 5 Comments »
Coffee Break: More on Our Lousy Diet and Recovery of the Iconic American Chestnut
Part the First: Ultra-Processed Foods and Addiction. Big Ag and Big Food may finally have a problem with their big moneymaking products. We have discussed UPFs here several times before. They fill the center aisles of grocery stores in much of the Anglophone world. This article in Scientific American adds to wave of information coming […]
Topics: Coffee Break, Social policy, Social values, Species loss
Posted by KLG at 2:00 pm | 34 Comments »
The CIA Is Manipulating Trump Against Putin
Quelle surprise! The CIA is yet again up to no good.
Topics: Doomsday scenarios, Politics, Russia, Surveillance state
Posted by Yves Smith at 9:55 am | 43 Comments »
Links 1/2/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 112 Comments »
How Mexico More Than Tripled Its Minimum Wage in Eight Years Without Triggering the Economic Disaster Many Had Predicted
Yet more evidence that improving the lot of those at the very bottom of the income ladder does not necessarily produce unemployment or runaway inflation.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 14 Comments »
How China’s Overinvestment Helped Produce Africa’s Deindustrialization
An in-depth article from a leftist vantage on China’s extensive involvement in Africa finds that it has been a net negative for development
Topics: Africa, Auto industry, China, Commodities, Credit markets, Currencies, Economic fundamentals, Environment, Free markets and their discontents, Globalization, Politics
Posted by Yves Smith at 5:55 am | 29 Comments »
There Are No Free Markets
Neoliberal free market ideology was always a fantasy. But what comes next given the late stage capitalism breakdown?
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Social policy, Social values, Taxes, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:02 am | 32 Comments »
Links 1/1/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 77 Comments »




