A clinical look at Trump’s deal hucksterism versus his typical modest-at-best results.
Recent Items
Thursday, January 8, 2026
Satyajit Das: Much Ado About Nothing – Why President Trump’s ‘Big Deals” Are No Big Deals
Topics: Banana republic, Garrulous insolence, Guest Post, Media watch, Politics, Ridiculously obvious scams
Posted by Yves Smith at 3:40 am | 1 Comment »
Is Trump Building a Massive Data Center Beneath the East Wing? If So, Why?
Is the East Wing redo intended to include a massive data center/command installation? If so, what is the main object of concern?
Topics: Doomsday scenarios, Guest Post, Politics, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 1:00 am | 1 Comment »
Coffee Break: The Tangled OpenAI and Microsoft Alliance Frayed Under Pressure
Microsoft and OpenAI’s partnership ignited the AI boom but frayed under pressure in 2025 revealing some of the hidden agendas of both companies.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 13 Comments »
In ‘Unhinged’ Rant, Miller Says US Has Right to Take Over Any Country For Its Resources
White House adviser Steve Miller pulls off the mask and shows the face of imperialism: “What’s yours is mine.”
Topics: Commodities, Energy markets, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 65 Comments »
Links 1/7/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 156 Comments »
American Hegemony by AI: The Role of Israel
The India-Middle East-Europe Corridor is back from the dead, but what of all the issues with an imperial strategy that relies on data centers and desalination in a hotbox ready to blow.
Topics: Energy markets, Environment, Global warming, Globalization, Guest Post, India, Middle East, Social values, Surveillance state, Technology and innovation
Posted by Conor Gallagher at 6:00 am | 12 Comments »
Why Politicians Won’t Fix Affordability
Why affordability crisis is a symptom of predatory neoliberal practices. Concentrated wealth looks set to keep this new norm in place.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Real estate, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:27 am | 5 Comments »
Two Decades of Chinese Industrial Subsidies
A profile of China’s subsidies and how they have changed over time. Counter-intuitively, agriculture is the most important recipient.
Topics: China, Economic fundamentals, Free markets and their discontents, Guest Post, Market inefficiencies
Posted by Yves Smith at 4:33 am | 17 Comments »
Coffee Break: Armed Madhouse – U.S. War Without Boundaries
Over the past two decades, use of U.S. military force has shifted from an exceptional act governed by law and public accountability to a flexible, discretionary instrument of policy. This article examines how post-9/11 legal authorities, institutional convergence, and secrecy have eroded the boundaries between war, intelligence, and governance—producing a system of permanent, unbounded conflict.
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 26 Comments »
With Global Attention on Venezuela, Israel Intensifies Assault on Gaza, Lebanon
Israel continues to kill children because it can.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 9:55 am | 8 Comments »
Links 1/6/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 107 Comments »
Reopening the Veins of Latin America
It seems that a new chapter in Latin America’s long history of “open veins” is about to be written, and unfortunately Eduardo Galeano is no longer around to do it.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 36 Comments »
Trump’s Greenland Threats: Will He or Won’t He Act?
Why Trump’s saber-rattling over Greenland should be taken seriously.
Topics: China, Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 5:55 am | 62 Comments »
Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 Billion on the Last Balance Sheet as Yearend Liquidity Turmoil Dissolves
Unpacking the much-ado-about-nothing over year-end use of the Fed’s pet liquidity-providing mechanism, its standing repo facility.
Topics: Banking industry, Credit markets, Federal Reserve, Guest Post, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 3:39 am | No Comments »
Coffee Break: Microsoft’s Satya Nadella Makes Microslop Trend
Microsoft CEO Satya Nadella has made the term Microslop go viral with his admonition to “get beyond the arguments of slop vs sophistication.”
Topics: Guest Post
Posted by Nat Wilson Turner at 2:00 pm | 73 Comments »


