Doomsday scenarios
Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
The IMF Connection with the Ukraine Crisis
You can't quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.
Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction
Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog
Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Under the Sea, a Hidden Climate Variable: Thawing Permafrost
Carefully mapping the changing topology of the Arctic Ocean floor, scientists are racing to study submarine permafrost.
War or Peace, Barbarism or Hope: War Threatens World with Stagflation
A short hisory of stagflation and why it's a pressing risk now.
NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
Michael Hudson continues his political and financial analysis of the war in Ukraine.
US Natural Gas Production and LNG Exports Amid Urgent Demand for LNG from Europe
Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.
China’s Flirtation with “Let ‘Er Rip” Goes Hard Into Reverse with Shanghai Two-Phase Lockdown
What to make of Shanghai's sudden reversal of its plan to forego a Covid lockdown?
Rationing Looms As Diesel Crisis Goes Global
Diesel shortages are on the way to becoming so serious that they'll first create inflation and then slow demand.