Who Needs Bitcoin & Cryptos (-50%) Amid the Semiconductor & Miracle IPO Mania?
Are bitcoin and crypto, followed by semiconductors and AI, proving Mark Twain right, that manias don’t repeat but they rhyme?
Read more...Author Archives: Yves Smith
Iran War: Hezbollah Rejects Israel-Favoring Ceasefire, Casting More Doubt on “Deal”: Iran Agrees to Inspection of Bushehr Plant but No Enriched Uranium Concessions; Trump Warned of Oil Cliff as Private Debt Fund Wobbles Rise
Today’s Iran war news: The US-Iran impasse is undeniable to everyone ex Team Trump as Israel balks and the oil cliff comes ever closer.
Read more...RFK Jr. Seeks Access to Americans’ Individually Identifiable Medical Records for Clues, Using a Bogus Autism and Vaccines Pretext
RFK Jr. wants to go fishing in medical records to substantiate debunked theories about autism and vaccines. What could go wrong?
Read more...Fox News Defines Most Americans as Anti-American
Fox News brands the majority of Americans as official enemies, echoing extra-legal ““domestic terrorism organizations” in Trump’s NSPM-7.
Read more...Iran War: US Attempts Project Freedom 2.0 as Israel Continues Attacks in Lebanon Despite Alleged Ceasefire; Iran Economy Not Harmed by Sanctions, Performed on a Par to Saudis; Rice Prices Jump in Asia
Today’s Iran war update: Iran punched back harder than the US expected in the latest exchange, but Israel still refuses to stop war-making.
Read more...Satyajit Das: An Emerging Market Crisis in Oil-Poor Asia?
It is no secret that most countries in Asia will be hard by the energy crunch. What can they do?
Read more...Europe Scrambles to Contain the Energy Shock
Europe expects annual energy price increases to hit 11% in May. What happens when the oil cliff fully kicks in?
Read more...How Propaganda and False Information Are Undermining Humanitarian Work
How the post-truth era makes it harder for humanitarian organizations to build trust, protect civilians, and save lives.
Read more...Iran War: Rubio Testimony Raises Questions as to Why Iran Is Bothering With Talks; Intensified Tit-for-Tat Attacks Continue; US Muscles Oman
Today’s Iran war update: The kinetic war is heating up as the US keeps demanding things of Iran that Iran has already rejected.
Read more...Commodity Markets Are Living on Borrowed Time
Another warning that the deceptive calm in the commodity markets is not set to last.
Read more...Trump’s $1.8 Billion Insurrectionist Slush Fund ‘Dead for Now’ Amid Furious Public Backlash
Trump has been forced into a retreat after a $1.8 billion fund for insurrectionists was a grift too far.
Read more...Links 6/2/2026
Iran War: Iran Rug Pulls Trump by Suspending Talks Over Ceasefire Violations, Escalating with Demands to End Attacks in Gaza and West Bank, Threat to Close Hormuz and Choke Bab El-Mandab; More on How Hormuz Traffic Will Stay Low Even if “Deal” Agreed
Today’s Iran war news: Iran demands a end to hostilities on all fronts or Bad Things happen. Trump choke chained Bibi…but will that last?
Read more...A Peptide, a Secretive Scientist, and a Debate Over Evidence
RFK, Jr. is backing a peptide out of Zagreb, BPC-157, which has lots of fans and very little evidence. What could go wrong?
Read more...France’s “Forward Deterrence” Vis-à-vis Russia Raises The Risk Of Nuclear War
France plans to deploy Rafale jets armed with tactical nuclear bombs to Poland and other EU states to threaten Russia.
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