Reviving 1800s Prize Law to seize Iranian vessels in 2026 marks a shift from global maritime police to a declining sea power
Thursday, September 3, 2026
The Financial Times View: Make the Vulnerable Pay for Failing Neoliberalism
As political and economic pressures rise, those in charge are even more willing to punish the poors to save neoliberalism and capital-owners.
The Rules-Based Nuclear Bomb
Traditional accounts of nuclear nonproliferation obfuscate that states with the bomb sell the path to it and are planning to use it themselves.
Satyajit Das: The Yen Intervention – Mutual Support or Self Preservation
The record of yen interventions and the poor prospects for the latest one working out well.
AI Addicts Won’t Make Better Workers
Is the killer app for AI chatbots widespread, productivity-sapping addiction to justify their trillion-dollar investments?
Coffee Break: OpenAI Is Sinking Fast, Who Will It Pull Down With It?
Sam Altman’s OpenAI empire is imploding fast. Ed Zitron’s reports on the financial blackhole at its heart have been confirmed by the FT and key execs are exodusing faster than even Sam can say, “IPO at a trillion dollar valuation or nothing.” Will OpenAI pull down Oracle and the Ellison media empire with it? Will its allies in the Trump administration be effected?
The Leipzig Incident Has All the Hallmarks of a False Flag Against Russia
Some Europeans seem way too eager to find any excuse to justify militarizing against Russia.
Artificial Traders in Real Markets
What does more and more deployment mean for the operation of financial markets?
Iran War: US Lashes Out at Civilian Targets with Iran Claiming US Military Deaths in Disproportionate Retaliation on US Bases; Servicemembers Becoming Demoralized with Lack of Strategy, No-Win Situation
Today’s Iran war news: Iran upped the ante after the US made further strikes despite its eroding military supplies and morale.
Culling the Herd? The US Accelerates the Destruction of Its Own Food System
At what point is it not just coincidental incompetence?
The Macroeconomic Roots of the Collapse of the Political Center in the US
The collapse of America’s political center is the result of an economy that has abandoning ordinary workers for decades.
Coffee Break: Armed Madhouse – Can U.S. Submarines Defeat China?
The United States possesses 48 nuclear-powered attack submarines, but inventory is not combat power. Maintenance, deployment cycles, competing missions, Pacific geography, finite weapons, rearmament, and attrition progressively discount the force that could actually be sustained against China. This analysis asks how much usable submarine combat power remains after those constraints are recognized.
Dollar Dominance Eroding Slowly But Surely
The dollar’s role as reserve currency has been eroding gradually. Rash action has accelerated the trend but not as much as you may think.
