Author Archives: Yves Smith

Iran War: Trump-Netanyahu Dust-Up Over Negotiations – Bona Fide or Deception? Oil Speculators Cheer Three Supertankers Leaving Gulf, as Continued Bond and Financial Market Decline Seems Likely

Today’s Iran war news: Some oil leaving the Gulf gave markets a boost, but the US-Iran impasse remains, along with US attack threats.

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Satyajit Das: The Global Economy – A Very Uncertain Future!

Satyajit Das looks at the big stressors on the global economy and find that governments will be unable to do much to alleviate them.

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Michael Hudson Warns: Imminent Economic Catastrophe – War, Oil Crisis & Bond Market Panic

Michael Hudson explains how the financier-friendly medicine of higher interest rates will only make the impending economic crisis worse.

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