Author Archives: Yves Smith
US, ISRAEL ATTACK IRAN, START REGIONAL WAR; IRAN RETALIATES AGAINST ISRAEL, US BASES IN BAHRAIN, SAUDI ARABIA, QATAR. UPDATE: ISRAEL TV REPORTS IRAN BLOCKS STRAIT OF HORMUZ
The US and Israel have launched a war against Iran. A great empire will fall.
Read more...Trump Says He’s ‘Entitled’ to Illegal Third Term as Allies Draft Voter Suppression Decree
Will Trump try to use the war just launched with Iran as part of a scheme to stay in office for another term?
Read more...The Hidden Math Behind Rising Electricity Prices
How high construction and financing costs are likely to lead to even bigger electricity price increases than anticipated now.
Read more...Iran War Watch: Iran Makes Real Concessions on Nuclear Enrichment But Can Trump Take That Win? UPDATE: Israel Embassy Evacuation Says War May Be Imminent
As stoopid and wildly US-hegemony-destructive as a war with Iran would be, the possibility is still very much in play.
Read more...How X’s Algorithm Shifts Political Attitudes
Not only does brain-pickling by algorithm work, but it has a durable effect by influencing voter information sources over time.
Read more...From Fed Failures to Inflation and Stablecoins: America’s Trust Is Cracking
Bill Bergman and Larry Feltes argue that falling trust in government and financial institutions puts the U.S. economy in peril
Read more...Trump Policies and “Donald Dash” Expats Produce Net Emigration for US, Prospective Population Shrinkage
The US showed net emigration in 2025, with an increase in expats bumping up over a rising trend line.
Read more...Pets Are Expensive and Shelters Are Packed. Advocates Say Mamdani Should Help.
A proposal to fund spay and neuter surgeries plus low-cost vet clinics and pop-up food pantries seeks to keep pets with their families.
Read more...The Roots of Nazi Ideology: Arthur Graf J. Gobineau and His Racial-Racist Political Theory
How resentment of the republican ideal of equality stoked the racist theories of Arthur Graf J. Gobineau.
Read more...The Work-From-Home Wage Premium
Why do work-from-home employees make more than in-office peers? Worker-boss relations don’t always hew to formalities.
Read more...Senate Democrats to Introduce Bill to Limit Private Equity and Big Investor Ownership of Single Family Homes Despite Nearly Zero Impact on Affordabilty
On of Trump affordability ideas, of limits on big investor ownership of single family homes, is moving forward even though it won’t do much.
Read more...How Africa Keeps Losing Despite China v. West Race for Minerals
Africa supplies the minerals for the tech boom – but how it winds up losing out on the gains
Read more...Republicans Scheming to Preserve Trump Tariffs Even After They Create Fewer Manufacturing Jobs
Trump and his GOP allies still heart tariffs despite failures, such as 2025 net manufacturing job growth ofless than half the year before.
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