If Trump was hoping his threats against Spain would trigger a shift in policy in Madrid towards the US-Israel war against Iran, he must be disappointed.
Recent Items
Friday, May 8, 2026
Are the US and Israel Planning to Use Morocco As a Weapon Against Spain?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | No Comments »
Iran War: Lull Before Expected Big Strikes or Is Trump Stuck?
Today’s Iran war news: More dithering and skirmishes. The calm before a big storm or a move to an end with a whimper, not a bang?
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 5:53 am | No Comments »
Who Gives a Hug – China Changes Its Position Towards Iran, US
China has revised its conditions for a Xi-Trump meeting. China will not be seen as backing US escalation v. Iran and requires negotiations.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Guest Post, Media watch, Middle East, Politics
Posted by Yves Smith at 1:23 am | 1 Comment »
Musk vs. Altman: The Feud of a New Elite Bidding for Power
As the new elite is merging with the power structure, expect more feuds; if they stop being public, then we should know why.
Topics: Coffee Break, Politics, Privatization, Surveillance state
Posted by Curro Jimenez at 2:00 pm | 6 Comments »
Russia’s Threat of a Massive Retaliatory Strike on Kiev Likely Isn’t A Bluff
Putin may be ready to act on a Zelensky assisted suicide request and hurl Oreshniks on Kiev if Zelensky defies Russia’s threat to retaliate.
Topics: Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 9:55 am | 20 Comments »
Links 5/7/2026
Topics: Links
Posted by Conor Gallagher at 6:58 am | 76 Comments »
Iran War: Iran Pushes Back Against Trump “Deal Is Nigh” as More Evidence of US Failure Emerges, Including Gulf State Mini-Revolt, Even More US Base Destruction, Jet Fuel Price Rise Damage, Conservative Opposition to Trump Climbdown
Today’s Iran war news: The US again engages in market-manipulating deal head-fakery as more evidence of its weak position accumulates.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 5:30 am | 151 Comments »
Understanding the Rise in CEO Age
Just like government leaders, the CEO class is becoming more of a gerontocracy. What gives?
Topics: CEO compensation, Corporate governance, Guest Post, Social values
Posted by Yves Smith at 2:40 am | 17 Comments »
Heartland Institute Podcast Questions Whether All Americans ‘Should Have the Right to Vote’
Heartland Institute, an ultra-conservative, climate-denialist, Trump-adjacent think tank, questions whether all adults should vote.
Topics: Guest Post, Income disparity, Legal, Politics, Social policy, Social values, Taxes, The destruction of the middle class
Posted by Yves Smith at 2:00 am | 30 Comments »
Coffee Break: Self-Dealing and Self-Deluding Two Sides of Trump and His Ilk
The Trump regime’s flagrant corruption and obvious irrationality beg the question, ‘Are there any rational actors in power today?’
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 31 Comments »
Economic Management in War: Professor Michael Hudson in Discussion with Ian Proud
An informative and wide-ranging conversation of how economic policies can neglect, support, or impede the prosecution of war
Topics: Currencies, Doomsday scenarios, Dubious statistics, Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Macroeconomic policy, Payment system, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 9:58 am | 1 Comment »
Links 5/6/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 102 Comments »
Iran War: Trump “Pauses” Failed Operation Freedom, Rubio Claims End to Epic Fury With Strait of Hormuz Still Blockaded and Alarms About Real World Damage Rising
Today’s Iran war news: Team Trump says it is abandoning Project Freedom and Epic Fury while keeping the damaging blockade and sanctions on.
Topics: Agriculture, Doomsday scenarios, Economic fundamentals, Energy markets, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 167 Comments »
The Credibility Crisis in Science
Albert Einstein was chosen by Time magazine as the Person of the Twentieth Century. It was a good choice (and now is a good time to read Einstein more than seventy years after his death in April 1955, here and here). As noted by Thomas Plümper and Eric Neumayer in their newly published book, The […]
Topics: Politics, Science and the scientific method, Social policy, Social values
Posted by KLG at 6:45 am | 22 Comments »
Karaganov’s Candid Assessment Of Europe Shows The World What Russian Hardliners Think
Russian hardliners are set to become more influential as European leaders vows to escalate against Russia.
Topics: Doomsday scenarios, Europe, Politics, Russia
Posted by Yves Smith at 2:59 am | 25 Comments »


