The wrangling over who gets what out of the Colorado Rivers is one of many escalating fights over ever more scarce water.
Recent Items
Friday, August 8, 2025
As the Colorado River Slowly Dries Up, States Angle for Influence Over Future Water Rights
Topics: Environment, Global warming, Guest Post, Legal, Politics
Posted by Yves Smith at 9:16 am | No Comments »
Links 8/8/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 35 Comments »
Demand for Cash In Euro Area Is Rebounding Just As ECB Prepares to Launch Digital Euro
The ECB insists that cash’s role will be protected once the digital euro goes live. But can its word be trusted?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 4 Comments »
‘Disaster in the Making’: Trump to Open 401(k)s to Crypto, Private Equity Vultures
“Stuffing private equity, crypto…. into 401(k)s is about propping up scams and bailing out an industry that’s run out of buyers”
Topics: Guest Post, Investment management, Politics, Private equity, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 4:00 am | 9 Comments »
The China Shock Hits Germany
How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.
Topics: Auto industry, China, Economic fundamentals, Energy markets, Europe, Guest Post, Russia
Posted by Yves Smith at 3:08 am | 6 Comments »
The West’s Ethical Framework Might Not Recover After the Israeli Genocide in Gaza
The Israeli genocide in Gaza violates the Silver Rule, the foundation of nearly all ethical frameworks
Topics: Coffee Break, Middle East, Moral hazard
Posted by Curro Jimenez at 2:00 pm | 57 Comments »
Questioning the Corporation
A review of the development and current undue power of corporations provides insightful history but goes off the rails on some current issues.
Topics: Corporate governance, Guest Post, Legal, Politics
Posted by Yves Smith at 9:55 am | 16 Comments »
Links 8/7/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 185 Comments »
Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies
A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies
Topics: Banana republic, Credit markets, Dubious statistics, Federal Reserve, Legal, Politics, Real estate
Posted by Yves Smith at 6:55 am | 27 Comments »
Satyajit Das: Book Essay – Understanding Iran
A look at modern Iran’s grand strategy and the danger of continued Western underestimation.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 6:00 am | 5 Comments »
How States Are Placing Restrictions on AI in the Absence of Strong Federal Regulation
Yves here. On the one hand, it is gratifying to see that some curbs are being put on AI, even if in a piecemeal fashion by states. Restrictions on AI use in medicine, for instance, will tend to have broader impact since most providers are national and will find it too costly to run a […]
Topics: Guest Post, Legal, Politics, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 1:21 am | 8 Comments »
Coffee Break: Grifter as Greek God, Palmer Luckey of Anduril
Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America’s defense industry. He’s not.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 27 Comments »
Stagflation Watch for the US Economy as a Whole
Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction
Topics: Dubious statistics, Economic fundamentals, Guest Post
Posted by Yves Smith at 9:55 am | 20 Comments »
Links 8/6/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 110 Comments »
When One of the World’s Most Powerful Nations Is Run By Spoiled Children
The US cannot achieve its goals in the world by traditional economic or military means, so it increasingly prefers chaos and destruction. How do the other powers stop it?
Topics: Banana republic, China, Doomsday scenarios, Europe, Global warming, Middle East, Risk and risk management, Russia, Social policy, Social values
Posted by Conor Gallagher at 6:00 am | 59 Comments »