Wednesday, December 10, 2025

Wordle, the Wisdom of Crowds, and Bubbles

What Wordle play says about markets and bubbles.

Links 12/10/2025

Moral Means Testing: Utah’s Isolated Homeless “Campus” to Require Education of the Soul Under Trump-Led Push To Divert Attention from Economic Causes of Crisis

Utah aims to produce a model for Trump plan—an isolated “Accountability Campus” where commits will be reformed. Other states and localities are not far behind. 

How Corporate Democrats Made Trump Possible: A 10-Year Timeline

Yes, corporate Democrats did indeed grease the skids for Trump’s presidency, but the key misdeeds go back to Obama.

Coffee Break: Armed Madhouse – The Death of Full Spectrum Dominance

The 2025 National Security Strategy is being read as another Trumpist manifesto, but buried in the text is something far more consequential: Washington’s first formal admission that Full Spectrum Dominance is dead. The NSS concedes that the US can no longer fund the military, industrial, and diplomatic machinery required for unipolar primacy, and quietly writes the obituary for the post–Cold War order it was supposed to sustain.

Trump’s Idea for Health Accounts Has Been Tried. Millions of Patients Have Ended Up in Debt.

A look at Trump’s non-solution to the looming problem of the expiration of Covid-era ACA subsidies.

Links 12/9/2025

The UK Government’s Plan to Resurrect the Public Finance Initiative (PFI) Is the Definition of Financial Insanity

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.”

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.

The U.S. Is Betting the Economy on ‘Scaling’ AI: Where Is the Intelligence When One Needs It?

A detailed discussion of how AI data-center investment boom is soking a societally and financially costly bubble

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.

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.

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.

Links 12/8/2025

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.