Wall Street seems to be noticing that the data center boom rest on a bed of hype while the claims of AI boosters are getting more extreme by the day.
Recent Items
Monday, September 28, 2026
Coffee Break: AI Credit and Credibility Collapsing or Will the AI Booster/Doomers Power Through?
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 6 Comments »
Announcing an Even Bigger “Double Your Donation” Challenge!
A better-than-ever “Double Your Donation” challenge! Step up and take advantage of it!
Topics: Notices
Posted by Yves Smith at 11:00 am | 6 Comments »
Michael Hudson: A Clean Slate – How the Oil War’s Aftermath Will Transform the World Economic Order
Michael Hudson outlines a sound path for the Global Majority to manage the coming oil war-created crisis. But you can’t get there from here.
Topics: Africa, China, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Energy markets, Free markets and their discontents, Globalization, Guest Post, Income disparity, Payment system, Politics, Russia, The dismal science
Posted by Yves Smith at 10:33 am | 9 Comments »
Links 9/28/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 68 Comments »
Amid EU War Hysteria, Bloc Rearmament Remains a Joke
Lost in the daily gaslighting is the fact Europe has made little to no progress in overcoming key military production hurdles.
Topics: China, Doomsday scenarios, Europe, Guest Post, Politics, Ridiculously obvious scams, Russia, Social policy, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 24 Comments »
More US Candidates Call Out Private Equity Role in Making Housing Less Affordable
Even with private equity incumbents being huge election spenders, more and more candidates are calling out the harm done to ordinary voters.
Topics: Economic fundamentals, Income disparity, Investment management, Politics, Private equity, The destruction of the middle class
Posted by Yves Smith at 5:23 am | 7 Comments »
The Right to Fire the Boss: Politics, Laws, and Institutions in Liberal Democracies
The sword of Damocles now hangs over the citizen’s head—not over that of the ruler. Could giving people the ability to recall elected presidents help change this?
Topics: Banana republic, Free markets and their discontents, Politics
Posted by Conor Gallagher at 5:00 am | 14 Comments »
Links 9/27/2026
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 106 Comments »
The Sunday Morning Movie Presents: Fire & Ice (1983) Run Time: 1H 21M Plus Bonuses!
Fire & Ice is a film about savage power and deadly magic.
Topics: Guest Post
Posted by semper loquitur at 6:30 am | 12 Comments »
Naked Capitalism: Filling the Void Where Journalism No Longer Goes
Naked Capitalism is even more essential as traditional media have become enfeebled and captured. Give generously to support this community!
Topics: Guest Post, Notices
Posted by Yves Smith at 6:10 am | 8 Comments »
Iran War: Iran Opens Fire in the Strait, World Braces for US Response or Another TACO
Iran appears to have wasted no time responding to Trump’s rejection of its ceasefire offer by firing on tankers in the Strait of Hormuz.
Topics: Doomsday scenarios, Energy markets, Middle East
Posted by Nat Wilson Turner at 6:05 am | 21 Comments »
Russia Could Make An Energy Truce Conditional On Resuming Pipeline Exports To Europe
Daydreaming about sensible approaches off the warpath ignore the fact that Europe’s ruling class doesn’t do sensible anymore.
Topics: Energy markets, Europe, Russia
Posted by Conor Gallagher at 6:00 am | 24 Comments »
Kudos! Met Our Third Target! On to the Fourth: Continuing Expanded Daily Links
Crazy times call for supersized Links! Please contribute generously to help us keep up giving you the best possible daily overviews.
Topics: Notices
Posted by Yves Smith at 11:45 am | 2 Comments »
Links 9/26/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 80 Comments »
Iran War: Trump Rejects Iranian Offer, Saudi-Yemeni War On the Boil
Trump rejects Iranian ceasefire terms, threatens to attack in November. US casualty count continues to mount. The war between Saudi Arabia and Yemen continues to heat up.
Topics: Doomsday scenarios, Energy markets, Middle East, Politics, Turkey
Posted by Nat Wilson Turner at 6:15 am | 41 Comments »



