Why Trump’s apparent TACO via his hissy to leave the Strait of Hormuz mess to others may be a deception despite rising economic damage.
Wednesday, April 1, 2026
Türkiye and Other ‘Mediators’ Play Good Cop Against Iran
“Peace talks” among Türkiye, KSA, Pakistan, and Egypt try to kill Iran softly.
How Polling Failures, Gambling Legalization and Political Gridlock Paved the Way for the Explosive Rise of Prediction Markets
In the opinion of this humble blogger, prediction markets epitomize what is wrong with modern society. l
Coffee Break: Armed Madhouse – The Invulnerable Golden Dome
The pursuit of an “invulnerable” missile defense system confronts technical, economic, and strategic limits. Perfect interception is unattainable, validation is inherently incomplete, and a fully realized architecture drives costs into the trillion-dollar range.
Michael Hudson and Steve Keen: How the Global Crisis Will Unfold
Michael Hudson and Steve Keen: discuss how the Iran war economic crisis will generate inflation first, and then deflation and depression.
Iran War: Trump Threatens Destruction of Iran Electric Generation and Oil Wells Even as WSJ Reports Temporary TACO on Trying to Force Open Strait of Hormuz
Today’s Iran war update: WSJ – Trump is trying to rearrange the deck chairs on the Titanic by not opening the Strait now but still fighting
Where Does Russia’s Just-in-Time Energy Lifeline Leave Cuba?
“We cannot be indifferent to the desperate situation that Cubans are experiencing today,” said Dmitry Peskov.
Five Reasons Why the US Declined To Enforce Its De Facto Blockade on Cuba for Russia
Cuba gets a bit of an energy break thanks to a Russian tanker, but this delivery won’t change outcomes.
Coffee Break: Moral Imbeciles Lead U.S. to War
The moral imbeciles ruling the United States have blundered into disaster because they are incapable of recognizing the stakes of the game.
Drillers See Triple-Digit Crude and Hit the Brakes
Why drillers won’t be sucker punched by increasing production in response to a very large price increase that may be short-lived.
Iran War: US/Israel Escalation and Forceful Iran Retaliation Continue as Trump Says He May Take Iran’s Oil and Pakistan Hosts Talks With Nobody; Mr. Market Finally Waking Up as Brent Rises to $115
Today’s Iran war update: Trump fantasies deepen as the US suffers irreparable damage to its military and the global economy takes body blows.
Europe Tries Magical Thinking with Algerian Gas—Again
And same as the last crises, the math still doesn’t add up.
