How the US stablecoin/digital yuan arms race creates instability risks and undermines monetary sovereignity around the world.
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Friday, September 19, 2025
The New Currency War: US Stablecoin-China Digital Yuan Rivalry as a Test of Monetary Discipline
Topics: Banking industry, China, Currencies, Economic fundamentals, Federal Reserve, Free markets and their discontents, Globalization, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 4:11 am | 10 Comments »
Coffee Break: Armed Madhouse – Misguided Marines
The Marine Corps’ new Pacific island strategy, articulated in its Force Design 2030 planning documents, envisions small units deployed across the Pacific island chain, armed with missiles and sensors to strike Chinese shipping and contest maritime access. Branded as Expeditionary Advanced Base Operations (EABO), the concept seeks to adapt the Corps to great-power competition by […]
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 22 Comments »
Jim Chanos on Crypto, AI, Dodgy Statistics, and Casino Capitalism
Chanos looks at a broad range of investment hot topics, from cypto to AI, and sees vastly more speculation than value creation
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Investment outlook, Politics, Technology and innovation
Posted by Yves Smith at 9:57 am | 19 Comments »
Links 8/26/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 163 Comments »
Even Libertarians and Austrian-School Economists Are Pillorying Javier Milei’s Economic Program
It makes a nice change to read scathing critiques of Milei’s disastrous economic program from the right as well as the left.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 19 Comments »
Don’t Look Away: The Revolution Will Not Be Televised But the Genocide Is Being Filmed
A look at some key entries in large and tragically growing body of documentaries on Israel’s ethnic cleansing and genocide in Palestine
Topics: Doomsday scenarios, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 4:50 am | 25 Comments »
FTC Has Long Said Products Must Back Up Health Claims. A MAHA Lawsuit Would Upend That.
An important legal battle looms about dietary supplement companies being able to make health claims when they lack clinical trial evidence
Topics: Free markets and their discontents, Guest Post, Health care, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 4:22 am | 2 Comments »
Coffee Break: The Abundance Bros Notice the AI Bubble but What Is Their Narrative Leaving Out?
The AI bubble has gotten so big that even the Abundance Bros are noticing, but maybe conventional analysis is missing something really big.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 59 Comments »
Trump’s Intel Deal: Knowing the Price of Everything, and the Value of Nothing
Why the Intel deal is a so far small negative for the chip-maker, but still gets Team Trump tar-babied to the low likelihood of a turnaround.
Topics: Economic fundamentals, Investment outlook, Politics, Technology and innovation
Posted by Yves Smith at 9:50 am | 31 Comments »
Links 8/25/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 106 Comments »
Strategies of Hope and Death: the US Foreign Policy Establishment Banks on Things Breaking Washington’s Way Once Leaders of China, Iran, and Russia Eventually Die
In Washington think tank land, begrudgingly accepting coercive limitations does not mean giving up.
Topics: China, Doomsday scenarios, Garrulous insolence, Middle East, Russia
Posted by Conor Gallagher at 6:00 am | 44 Comments »
Dissecting My Recent Argument (Are Error Theories Offensive?)
How do people consume arguments or make sense of them in a discursive environment devoid of generally-accepted notions of what makes an argument good or successful?
Topics: Curiousities, Garrulous insolence, Guest Post
Posted by Conor Gallagher at 5:00 am | 20 Comments »
Health Insurance Price Increases Should Cause Americans More Alarm
An article that usefully documents the magnitude of health insurance price increases nevertheless blames the victims.
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Media watch, Politics, Privatization, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 4:00 am | 13 Comments »
Links 8/24/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 160 Comments »
The Sunday Morning Movie Presents: The Island (2006) Run Time: 1H 54M
The Island is a movie about a sinful monk and his path to redemption.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 7 Comments »