Circular error probability (CEP) is the metric weapons designers use to describe the accuracy of munitions. CEP is defined as the radius of a circle, centered on the intended target, within which 50% of projectiles or warheads are expected to land. As guidance technology has advanced, CEPs of modern missiles and drones have grown smaller. […]
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Tuesday, June 24, 2025
Coffee Break: Armed Madhouse – Circular Error Probability
Topics: Coffee Break
Posted by Haig Hovaness at 2:00 pm | 11 Comments »
Downgrading Uncle Sam, Not America
An orthodox economist describes inconsistencies in rating agencies’ approach to downgrading US debt and their view of reserve currency status
Topics: Credit markets, Currencies, Free markets and their discontents, Guest Post, Investment outlook, Macroeconomic policy, Politics, The dismal science
Posted by Yves Smith at 9:55 am | 2 Comments »
Links 6/24/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 98 Comments »
Israel Orders Attack on Iran After Iran Allegedly Violated Ceasefire It Never Agreed To
Israel is, or is about to be, back into the war-making game. And the US is sure to be in on the action.
Topics: Doomsday scenarios, Media watch, Middle East, Politics
Posted by Yves Smith at 6:52 am | 108 Comments »
Javier Milei’s Controversial “Memorandum of Understanding” With Israel
Milei’s crushing austerity will not apply to Israeli residents of Argentina. Meanwhile, Israel’s national water company controls more and more of Argentina’s water supply.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 3 Comments »
On the Accelerating Decline in US Medical Training, and With It, Doctor Competence
A warning to US readers on the further degradation in medical training and resulting crapification of care.
Topics: Free markets and their discontents, Health care, Regulations and regulators, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 3:08 am | 39 Comments »
Coffee Break: Nihilists at Google Wrecking Existing Business to Chase AI Growth
Nihilism on the part of Alphabet’s CEO explains Google’s willingness to risk its search business and the open web itself to chase OpenAI.
Topics: Coffee Break, Guest Post, Ridiculously obvious scams, Surveillance state, Technology and innovation
Posted by Nat Wilson Turner at 2:00 pm | 42 Comments »
Trump Backfire: How the 2018/19 US Tariffs Against China Boosted Exports and Employment in Mexico
How a Trump 1.0 tarrifs backfire illustrates fundamental flaw in how Trump goes about doing things.
Topics: Economic fundamentals, Globalization, Guest Post, Income disparity, Politics, Social policy, Taxes, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 3 Comments »
Links 6/23/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 101 Comments »
Breaking: Fordow Attacked Again; Trump Talks Up Regime Change, Brays About Iran Nuclear Site Success as Israel Taking Increasing Toll from Attacks, Iran Puts Pieces in Place for Strait of Hormuz Closure; UPDATE: Iran Media Claims Attack on US Base in Syria
Iran updates, with the big underlying pressure being Israel’s decay path and US failure so far to arrest that.
Topics: Doomsday scenarios, Energy markets, Media watch, Middle East, Politics, Surveillance state, Technology and innovation
Posted by Yves Smith at 6:45 am | 182 Comments »
Proxy Fighters in the Fog of War
Examining the potential role of Turkey, Azerbaijan and nonstate actors bordering Iran in the destabilization campaign.
Topics: Doomsday scenarios, Energy markets, Europe, Guest Post, Middle East, Turkey
Posted by Conor Gallagher at 6:00 am | 13 Comments »
At Antarctica’s Midwinter, a Look Back at the Frozen Continent’s Long History of Dark Behavior
Sunlight is beginning to return to Antarctica, but are there warnings for us from the “Madhouse at the End of the Earth”?
Topics: Curiousities, Doomsday scenarios, Environment
Posted by Conor Gallagher at 4:00 am | 11 Comments »
Links 6/22/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 132 Comments »
The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M
In The Soup is a funny movie about a starving artist and a happy-go-lucky mobster who want to make a film together.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 12 Comments »
The Senate GOP’s Great Western Land Heist
A buried budget clause could force the largest public land sell-off in modern history, without a vote, a hearing, or a warning.
Topics: Environment, Privatization, Real estate, Ridiculously obvious scams, Social policy, Social values, Technology and innovation
Posted by Conor Gallagher at 5:00 am | 17 Comments »