Yet more Trump Administration cruelty: cutting support to food banks.
Recent Items
Wednesday, July 2, 2025
Food Banks Tighten Their Belts as Federal Cuts Keep Coming. Patrons Don’t Know Where Else to Turn.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:32 am | 18 Comments »
Data Center Boom Sparks Utility Spending—But How Real Is the Demand?
In an unexpected break for the environment, might much-hyped data center energy demand fall short of projections?
Topics: Dubious statistics, Economic fundamentals, Energy markets, Environment, Guest Post
Posted by Yves Smith at 2:34 am | 10 Comments »
Trump’s Additional 50% Tariff Against China and China’s Tit for Tat Retaliation: Trump Own-Goals Himself Into Where China Would Want Him
Some further thoughts on the radical US-destructiveness of the Trump tariff regime.
Topics: Banana republic, China, Credit markets, Currencies, Doomsday scenarios, Free markets and their discontents, Globalization, Politics, The dismal science
Posted by Yves Smith at 10:35 am | 91 Comments »
Links 4/9/2025
Topics: Links
Posted by Yves Smith at 6:58 am | 170 Comments »
Christopher Lasch and the Distemper of Our Time: A Chronicle Foretold
Why Christopher Lasch, who died over 30 years ago, is the historian of our times…or perhaps our first psychohistorian?
Topics: Guest Post, Income disparity, Social policy, Social values, The destruction of the middle class
Posted by KLG at 6:50 am | 28 Comments »
Longer-Dated Treasuries Sell Off Sharply, Increasing Interest Rates: The Exact Opposite of What Trump Says He Wants
Mr. Market, in the form of longer-dated Treasury yields, is not on board with the Trump tariff scheme.
Topics: Credit markets, Economic fundamentals, Globalization, Guest Post, Investment outlook, Politics
Posted by Yves Smith at 6:49 am | 38 Comments »
Trump Thinks Tariffs Can Bring Back the Glory Days of US Manufacturing. Here’s Why He’s Wrong
More on the false premise that Trump can restore the US as a manufacturing powerhouse.
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:32 am | 68 Comments »
Coffee Break: Armed Madhouse – Stealth Revealed
Our warfare focused Coffee Break: The promise, problems, and profitability of stealth technology
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 29 Comments »
‘We’re Turning Into a Dictatorship’: Trump Tariffs Seen as Ploy to Further Consolidate Power
Senator Chris Murphy called President Donald Trump’s sweeping tariffs “a political weapon designed to collapse our democracy.”
Topics: China, Globalization, Guest Post, Legal, Politics
Posted by Yves Smith at 11:43 am | 58 Comments »
Links 4/8/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 183 Comments »
What Is Blackwater Founder, Erik Prince, Doing in Ecuador a Week Before the Country’s Presidential Elections?
Prince is making bank as a security advisor for US-friendly governments in Latin America while trying to raise funds for coups against less friendly ones.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 15 Comments »
Why America Is Acting This Way on Trade: A Globotics Shock, a Failed Social Policy, and Middle-Class Fury
An attempt to divine the political roots of Trump’s trade and tariff policies.
Topics: China, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Social policy, Social values, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 3:22 am | 39 Comments »
Blockbuster Deal Will Wipe Out $30 Billion in Medical Debt. Even Backers Say It’s Not Enough.
A program that purchased medical debt at a deep discount, while effective, still reinforces a predatory system.
Topics: Credit markets, Guest Post, Health care, Income disparity, Legal, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 1:00 am | 6 Comments »
Coffee Break: Across the Pond With the Starmer Government
Britain really needs a new government as the current Starmer government appears to be leading the country off a cliff with their policie
Topics: Banana republic, Coffee Break, Europe, Guest Post
Posted by Kevin Kirk at 2:00 pm | 29 Comments »
Links 4/7/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 162 Comments »