Fearless commentary on finance, economics, politics and power

The Biden Administration doubles down yet again against Russia, even as the Collective West is running out of options.

“Perhaps if you think of information as a virus, instead of treating an infection once it has taken hold — that is, debunking — it is much better to vaccinate so that the body is inoculated.” Welcome to prebunking.

Trump was convicted on all 34 counts in his New York “hush money” trial. What next?

Could there be a tiny silver lining in the Israel genocide in Gaza?

~ Today’s Water Cooler: Politics, Syndemics, Trump convicted on all 34 counts, yellow waders for Merchan’s jury instructions, H5N1 breakout scenario, “Decolonize the gut!”, “They were careless people….” ~

The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies

Energy and climate sustainability are hopium. However, it may be possible to preserve a semblance of our techno-driven civilization.

Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks

US banks are still sitting on losses, with Fed relief nowhere in sight.

~ Today’s Water Cooler: Politics, syndemics; jury deliberations begin in Judge Merchan’s court, Covid immune dysregulation, the worst jobs at Disney, the world’s oldest living being ~

Oh noes! Private equity is finding it hard to find buyers for all those deals it bought when interest rates were low!

Armenia’s pivot to the West unravels. Regime change efforts in Georgia. Türkiye looks to criminalize working for “foreign interests.”