The Starmer government, desperate to keep its public borrowing in check, is bringing back (in the words of a senior City of London banker) a “fraud on the people.”
Recent Items
Monday, December 15, 2025
The UK Government’s Plan to Resurrect the Public Finance Initiative (PFI) Is the Definition of Financial Insanity
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 7 Comments »
Steve Keen Warns Crash of 2026 Will Be Worse Than 2008
Steve Keen was one of the few economists to predict the 2008 crisis. His call for a 2026 crash looks all too credible.
Topics: China, Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Investment outlook
Posted by Yves Smith at 5:55 am | 42 Comments »
President Putin and Prime Minister Modi Share a Future Strategy That’s No Joke for President Trump
Even with the Putin-Modi lovefest and shared strategic aims, meeting their trade targets will be a heavy lift.
Topics: Currencies, Globalization, Guest Post, India, Investment management, Investment outlook, Politics, Russia
Posted by Yves Smith at 4:45 am | 16 Comments »
Coffee Break: Informational Force-Feeding Divides and Distracts
Informational force feeding via digital news deluge, deliberate disinformation, and divisiveness is turning our brains to pâté and Ambassador Mike Huckabee, Larry and David Ellison, and the Palantir bros are among those cooking up the foie gras.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 18 Comments »
What’s the Likelihood of a NATO-Russian Non-Aggression Pact?
How Poland will play an essential role in what happens next between with NATO and Russia.
Topics: Doomsday scenarios, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 12/8/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 77 Comments »
Revulsion, La Grande Bouffe, and the Spectacle of Grotesque Elite Self and System Destruction
Why our elites, starting with the top ranks in the Trump Administration, are disgusting.
Topics: Doomsday scenarios, Economic fundamentals, Europe, Free markets and their discontents, Income disparity, Politics, Russia, Social policy, Social values, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 6:50 am | 122 Comments »
Why Has the U.S. Bombed Somalia More than 100 Times This Year?
Examining chaos from the U.S. and friends across the Horn of Africa as the counterweight to China’s Belt and Road Initiative.
Topics: Guest Post
Posted by Conor Gallagher at 6:00 am | 13 Comments »
The Housing Crisis Is Forcing Americans to Choose Between Affordability and Safety
The magic of the market: a system where your income determines your exposure to climate disasters.
Topics: Environment, Global warming, Income disparity, Infrastructure, Market inefficiencies, Real estate, Ridiculously obvious scams, Risk and risk management, Social policy, Social values
Posted by Conor Gallagher at 5:00 am | 10 Comments »
Links 12/7/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 146 Comments »
The Sunday Morning Movie Presents: Stalker (1979) Run Time: 2H 41M
Stalker is a sci-fi movie about truth and desire.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 27 Comments »
Investigation Reveals How Amazon Is Fleecing Public Schools With ‘Algorithm-Driven Pricing’
$74 for 36 markers.
Topics: Banana republic, Ridiculously obvious scams, Social policy, Social values
Posted by Conor Gallagher at 5:00 am | 12 Comments »
Links 12/6/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 163 Comments »
With UK Politics in Flux, Corbyn’s Your Party May Surprise You Yet
Last weekend, two very different Your Party conferences took place: the one reported on in the press, and the real one
Topics: Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class, UK
Posted by Yves Smith at 5:32 am | 21 Comments »
Book Review: Harnessing the Power of Dreams and Nightmares
In “Nightmare Obscura,” scientist Michelle Carr argues that our dreams are essential pillars of who we are.
Topics: Curiousities, Guest Post, Science and the scientific method
Posted by Yves Smith at 2:10 am | 9 Comments »



