The United States is not merely losing military capacity—it is losing the ability to recognize what it no longer has. As political posture outruns material readiness, allies and adversaries are conditioned to expect reserves of power that do not exist. The result is systematic risk mispricing, easier escalation, and a growing risk of military defeat.
Recent Items
Tuesday, February 10, 2026
Coffee Break: Armed Madhouse – The Incredible Shrinking “Most Powerful Military in History”
Topics: Guest Post
Posted by Haig Hovaness at 2:00 pm | 13 Comments »
‘This Is Your Money’: Trump Assault on CFPB Has Cost Consumers $19 Billion
The affordability crisis includes the cost of being cheated, which due to the weakening of the CFPB alone is a handsome sum.
Topics: Banana republic, Banking industry, Credit cards, Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 9:59 am | 1 Comment »
Links 2/10/2026
Topics: Links
Posted by Yves Smith at 6:55 am | 78 Comments »
The Ultimate Insult: As Washington Starves Cuba of Energy (And Most Everything Else), It Offers $6 Million in Humanitarian Aid
The US State Department insists that US restrictions on oil in Cuba are not amplifying the need for humanitarian aid there.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 6 Comments »
America’s Real Health Crisis? Inequality— and a Generation Pays
Raw milk won’t cut it. Even being rich won’t save you. The fast track to improving health in America is tackling inequality
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:31 am | 2 Comments »
The European Veal Pen: How the US Weaponized Russophobic Paranoia & Energy Geopolitics To Capture Control of Europe
Can Europe free itself from its capture by the US, which looked like a dandy idea until the US became an openly predatory hegemon?
Topics: China, Dubious statistics, Economic fundamentals, Europe, Globalization, Guest Post, Politics, Technology and innovation
Posted by Yves Smith at 4:46 am | 14 Comments »
Coffee Break: Trump’s Stochastic Election Attacks, AIPAC Misfire
In 2026, U.S. politics is definied by two trends: Democrats surging in special elections and Trump attacking the very idea of elections.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 25 Comments »
Journalism May Be Too Slow To Remain Credible Once Events Are Filtered Through Social Media
Some hand-wringing, as well as blame shifting, as to why social media and independent sites are eating the lunches of mainstream media.
Topics: Guest Post, Media watch, Politics, Technology and innovation
Posted by Yves Smith at 9:55 am | 18 Comments »
Iran War Watch: US Moves Towards Attack Footing Despite Questionable Odds of Success
On the Iran front, the US is taking steps that do not look like mere posturing. Many experts, including ones in Iran, think war is nigh.
Topics: China, Currencies, Doomsday scenarios, Economic fundamentals, Energy markets, Middle East, Politics, Russia
Posted by Yves Smith at 7:50 am | 90 Comments »
Links 2/9/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 79 Comments »
An Iranian Architecture Appreciation Post
Sanctions have spurred “creative destruction” in Iran where brickwork draws on the past to create shade, natural light, and ventilation.
Topics: Curiousities, Environment, Global warming, Middle East, Real estate
Posted by Conor Gallagher at 6:00 am | 10 Comments »
An Effort to Ease Water Pollution With Oysters Fizzled. Why?
A Maryland program that lets oyster farmers capitalize off the environmental benefits of the bivalves had few takers.
Topics: Environment, Global warming
Posted by Conor Gallagher at 5:00 am | 11 Comments »
Links 2/8/2026
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 157 Comments »
The Sunday Morning Movie Presents: Paprika (2006) Run Time: 1H 38M
Paprika is a movie about the boundaries between dreams and the waking world, and what happens when they break down.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 17 Comments »
With ICE Using Medicaid Data, Hospitals and States Are in a Bind Over Warning Immigrant Patients
ICE access to Medicaid data is forcing hospitals and states to consider alerting immigrant patients that information from emergency medical coverage applications could be used in efforts to remove them from the country.
Topics: Health care, Surveillance state
Posted by Conor Gallagher at 5:00 am | 6 Comments »



