Democrats can’t face that they don’t have a message because having one with broad appeal would alienate too many powerful factions.
Recent Items
Thursday, May 21, 2026
Establishment Democrats Still Don’t Get Why They Lost in 2024
Topics: Economic fundamentals, Environment, Free markets and their discontents, Guest Post, Income disparity, Politics, Ridiculously obvious scams, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 43 Comments »
Links 5/21/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 58 Comments »
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.
Topics: Credit markets, Doomsday scenarios, Economic fundamentals, Energy markets, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 5:17 am | 96 Comments »
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.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Globalization, Guest Post, Investment outlook, Macroeconomic policy, Politics, The destruction of the middle class
Posted by Yves Smith at 4:00 am | 3 Comments »
Norway Wants To Lead a “Viking Bloc” for Containing Russia in Northern Europe
Norway seeks to lead a small but arguably well-located group of nations to impede Russia. Yes, seriously.
Topics: Doomsday scenarios, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 3:45 am | 8 Comments »
Coffee Break: AIPAC Wins in Kentucky, Loses in Pennsylvania
The AIPAC-backed candidate in Kentucky’s 4th Congressional district won, but two AIPAC-supported candidates lost in Pennsylvania’s 3rd.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 25 Comments »
Why Public Policy’s Core Value Should Be Equality
Humans have a strong, evolution-based desire for fairness and equality, yet they are more and more neglected in policy design.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 33 Comments »
Links 5/20/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 91 Comments »
Iran War: US Experts and Iran Still Expect Major Attack; Wall Street Journal Debunks Trump Claim of Gulf State Intervention; Bond Rout Intensifies
Today’s Iran war update: The US still looks to be planning to resume the war against Iran even as the bond market rout intensifies.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics, Russia
Posted by Yves Smith at 6:53 am | 99 Comments »
The One Big Beautiful Bill Act and Medical Education in These United States
On Independence Day of 2025 President Trump signed his One Big Beautiful Bill Act (OBBBA) into law. Something that has not gotten much attention, so far, are the consequences OBBBA will have on students who must borrow money to attend college/university, graduate school, and/or professional school. Should American students be forced to go into debt […]
Topics: Banking industry, Doomsday scenarios, Health care, Politics, Ridiculously obvious scams, Social policy, Social values
Posted by KLG at 6:45 am | 7 Comments »
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.
Topics: Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, Regulations and regulators, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:56 am | 24 Comments »
Coffee Break: Armed Madhouse – Ukraine Drone Escalation Peril
Distributed drone warfare is changing escalation dynamics in dangerous ways. NATO-enabled long-range strike capability may create false confidence that pressure on Russia can be increased incrementally without triggering broader war.
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 18 Comments »
Are People Just “Lower-Value Human Capital”?
In case you did not get the memo, human capital is now officially inferior.
Topics: Corporate governance, Guest Post, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 5/19/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 91 Comments »
Iran War: Trump’s Latest TACO on Iran Strike Pits Gulf States Against Israel; Bond Market Tremors Add to Hard-to-Deny Signs of Economic Stress
Today’s Iran war update: Has seemingly irresistible force Israel met immovable objects in the form of Gulf states and the bond markets?
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 138 Comments »



