Tag: Doomsday scenarios

Putin Signs Executive Order to Begin “Special Economic Measures” aka Sanctions

Why has Russia taken so long to retaliate against Western sanctions? One possibility is it’s because Putin and his team didn’t see the need to do all that much immediately given economic blowback. A second is that they wanted to wait for the gas for roubles arm wrestling to play out before applying new pressure. […]

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Michael Hudson Talks with Katie Halper and Aaron Maté About the Broader Ramifications of the US/NATO Conflict with Russia

Yves here. The transcript below is only of the portion of the Michael Hudson podcast with Katie Halper and Aaron Maté that is outside their paywall, but Michael assures me that the rest was almost entirely a personal chat. But you should consider subscribing! Note I would have embedded the podcast and/or the YouTube clip, […]

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Out of Africa: Rich Continent, Poor People

Yves here. Those of you who read Nicholas Shaxxon’s Treasure Islands may recall that one of his opening chapters discussed the extent of looting of Africa via the fact that its poor countries are capital exporters. It isn’t due solely to corrupt leaders pilfering official coffers and sending their ill-gotten gains to tax havens. It’s […]

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Indian Heatwave May Exacerbate World Wheat Crisis

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Indian is currently suffering through an unprecedented early heatwave, with temperatures topping 45 degrees Celsius (113 degree Fahrenheit) throughout the country, according to an account in The Hindu, Intense heat broils large […]

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The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity

When the EU commits to a measure to undermine Russia that the US opposed as unproductive, one has to wonder when rationality and self interest left the room. The West is only beginning to suffer the cost of blowback from economic sanctions against Russia in terms of higher energy and food costs, which are soon […]

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California Attorney General Rob Bonta Launches Investigation into Role Played by Fossil Fuel and Petrochemicals Companies in Causing Global Plastics Pollution Crisis

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. California state attorney general Rob Bontalast Thursday  launched an investigation into the role played by fossil fuel and petrochemicals companies in causing and exacerbating the global plastics pollution crisis.From the press release […]

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Gas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite

On the whole, European and US leaders are continuing to make a very poor showing of the situation they instigated with Russia. The Biden Administration decided to seize $300 billion of Russian foreign exchange reserves, overconfident that they would crater the Russian economy. Ironically, however, the sanctions greatly reduced the Russian need for foreign exchange […]

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Apple Announces Unimpressive Self Service Repair Program for Some iPhone Models

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Apple yesterday announced a long-awaited self-repair program with enough complex eligibility requirements to satisfy any liberal Democrat. This reality is not apparent from looking at Apple’s announcement itself – which instead seems […]

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‘Unprecedented’ Water Restrictions Ordered in Drought-Ravaged California

Jerri-Lynn here. Severe drought in California has forced state water officials to impose restrictions on outdoor watering in three southern California counties. By Brett Wilkins. Originally published at Common Dreams As California endures a third year of record-breaking drought exacerbated by the climate crisis, officials on Tuesday declared the state’s first-ever water shortage emergency and […]

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Jaishankar Calls Out Europe’s Selective Concern on Rules-Based Order

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Indian minister for external affairs Subrahmanyam Jaishankar continued to chart an independent multi-alignment policy for India in public remarks yesterday. Jaishankar appeared at the Raisina Dialogue, a multilateral conference held annually in […]

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The Ukraine War Clock Is a Time Bomb – It Blows Up On November 8, US Election Day

Yves here. Helmer gives interlocking updates, one of what can be inferred about the state of the war in Ukraine, the other on the prospects for Team Dem come November. Recall that Helmer was part of the Carter Administration, as so has some perspective. A couple of additions: Helmer provides evidence that Ukraine is regrouping […]

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Various Covid Updates

While the lack of any big Covid news absent the Administration’s foot shuffling when its mask mandate was shot down, that does not mean Covid should be ignored. Our Covid brain trust and readers have been sending news. Fresh from IM Doc: 62 patients who are COVID positive – either ill themselves or found during […]

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The Energy Transition Has A Major Metals Problem

Yves here. We’ve run quite a few posts on the material requirements issues with green energy. Not only are many of them nasty to mine and dispose of, but building any new infrastructure, both immediate renewable energy requirements like EV charging stations and better grids, as well as mines to obtain the needed metals and […]

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Russia’s Campaign in Ukraine and the West’s Response: The End of the Beginning?

While it’s impossible to predict how the war in Ukraine, which is now undeniably a proxy war between the US/NATO and Russia, will wind up, some boundary conditions for both the military and economic battle are emerging. And their implications do not look too good for the West. [if you see this note, the post […]

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Climate Collapse & Adaptation

Yves here. Even though Thomas Neuburger makes sure to include how we soldier on in the face of inevitable death as a reference point for how to better respond to the prospect of climate collapse, I draw less hopeful lessons than he does. By Thomas Neuburger. Originally published at God’s Spies Relinquishment: Much resistance to […]

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CDC Delanda Est

It would be possible, without a huge amount of effort, to write chapters on how the CDC has persistently endangered the public via favoring political expediency, commercial interest, and sheer laziness over public health. And bear in mind that any single chapter documenting the CDC’s abject dereliction on a critical Covid issue would be sufficient […]

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Sri Lanka Economic Crisis Inflicted by Self-Serving Elite

Yves here. This piece is important not simply for presenting the details of how Sri Lanka went from being a development success story to a train wreck, but also for debunking the notion that Sri Lanka’s woes are the result of a Chinese debt trap. Even though the IMF’s record gives countries on the receiving […]

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Outdated Energy Grid Poses Existential Threat to the Renewable Revolution

Yves here. I’m in no position to assess the argument made is this piece, but I suspect readers will be able to provide assessments of the state not just of the US electrical grid, but also those of other energy hogs important countries. By Irina Slav, a writer for Oilprice.com with over a decade of […]

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Activists Decry Biden’s ‘Reckless’ Resumption of Fossil Fuel Leases on Public Lands

Jerri-Lynn here. Biden’s announcement Friday to resume fossil fuel lease sales for public lands  represents yet another broken campaign promise- and like his failure to do anything significant about student loans, will likely lead young people to abstain from voting come November. By Brett Wilkins. Originally published at Common Dreams Activists condemned Friday’s announcement by […]

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U.S. Natural Gas Prices To Spike As Exports Boom

Yves here. I suggest reading this post in combination with the latest offering at Doomberg, Measure Twice: Sizing Europe’s Natural Gas Crisis. He converts the too often varied gas figures to billion cubic feet as opposed to the more common (but still far from standard) billion cubic meters measure. Regardless, the Biden offer of an […]

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Financial Times Screeches at China’s “Propaganda” for Sticking to Zero Covid Policy

It’s sobering to see multiple examples every day in the press that those in the West who fancy themselves as in charge have lost their minds, drunk on arrogance and provincialism. Today’s example is a new story in the Financial Times that berates China (although as you will see “berates” is too mild a word) […]

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Healthcare Expert Greg Travis Speaks About the Official Disappearing of COVID-19 Pandemic

Yves here. As much as I strongly prefer video presentations with transcripts, this long talk on Covid with Greg Travis, organized by WSWS, is very much worth your time (and you can listen at 1.25x time). Readers may remember Greg Travis from the Boeing 737 Max debacle. Travis, a software developer/technologist with a strong interest […]

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Thawing Permafrost Is Roiling the Arctic Landscape, Driven by a Hidden World of Changes Beneath the Surface as the climate warms

Yves here. This post on permafrost may initially strike many readers as being unduly basic, but don’t be deceived. Once it gets going, it provides a lot of useful and hopefully new detail. By Mark J. Lara, Assistant Professor in Plant Biology & Geography, University of Illinois at Urbana-Champaign. Originally published at The Conversation Across […]

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America Keeps Eyepoking India and China for Failing to Fall into Line on Russia; Arrogance Looking More and More Like Impotence

Yves here. I’m using an OilPrice post, India’s Russian Dealings Have Left Biden’s Geopolitical Oil Strategy In Tatters, as a point of departure for a mini-rant about the arrogance and rank incompetence of America’s elites, as demonstrated by our predictably unsuccessful efforts to bully both China and India into saying bad things about Russia’s invasion […]

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Refurbished Walkers and Wheelchairs Fill Gaps Created by Supply Chain Problems

Yves here. The headline of this story masks the real issue: scarcity of walkers, crutches, and other “assistive” devices thanks to aluminum shortages. We warned this was coming in late 2021. IM Doc’s hospital was already having trouble getting aluminum crutches and his contacts warned it would get worse. And this was way before anyone […]

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IPCC Adaptation Report: It’s Later Than You Think

Yves here. While the West is busy fixating on the war in Ukraine, and fossil fuel companies salivate over being allowed to ramp up greenhouse gas emissions, ever-grimmer warnings from the IPCC are being ignored. Babies in Ukraine are serving to justify even faster planetary degradation. By Thomas Neuburger. Originally published at God’s Spies What […]

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