US ‘allies’ to continue to pay the price as hopes are pinned on a post-Putin crisis in Moscow.
Wednesday, October 14, 2026
Michael Hudson on the Swedish Central Bank’s Wannabe Nobel Prize 2026
Michael Hudson gives a terse takedown on how the fake economics Nobel prize shores up destructive elite-serving orthodoxies.
Coffee Break: Armed Madhouse – The Phantom Limb of Decisive Warfare: Reaching for Catastrophic Victory
The nuclear revolution transformed the conditions of great-power warfare, yet military institutions continue to pursue decisive conventional victory. The phantom limb of traditional warfare survives through cultural admiration for martial courage and institutional commitment to military superiority, even as the pursuit of victory risks triggering nuclear catastrophe.
Financial Sanctions and the Global Payments Network
Complexity of the payments system means that currencies like the yuan are not benefitting from sanctions as much as widely believed.
Why Fall Yard Care Could Start With Doing Less – But Not Nothing
How to justify to yourself and your neighbors not getting rid of most of the leaves in your yard: because soil health.
Unrest Across Europe Is the Result of the Collapse of the Social Contract
European governments cannot uphold the social contract as systemic shifts have stripped monetary control and constrained fiscal policy.
Canadian PM (and Former Central Banker) Mark Carney Is Pressuring UK to Abandon Plans to Nationalise Water
Carney is doing what he has always done: defend the interests of the international rentier class.
UN and The Hague Confront Impunity for War Crimes
The UN, whose duties extended to combatting war crime and genocide, has been reduced to bearing witness.
Banks Struggle to Digest the Mounting Debt Driving the AI Boom
Whether called “artifiical intelligence” or “super intelligence” the biggest players in the industry need massive capital infusions.
European Nationalism in Service of the Empire: Rubio Urges Europe to Embrace Civilizational Struggle—and Sacrifice Itself
‘The recurring hero of the ancient Greek world was the man who was willing to pay any cost for a cause worthy of his loyalty.’
Big Money, Party Politics, and Congressional Leadership in the 2026 Election: From the Rockies to the Himalayas
In the 2026 midterms, congressional leaders of both parties are drawing very big money from megadonors, while small donors barely register.
Why ‘Vertical Farming’ Is Not a Fix for Our Food System
Technological and material investments are being mobilized to preserve the expectation that a particular version of the present can be sustained into an increasingly unstable future.
