Turkish officials say they share Iranians pain but Tehran should show “greater flexibility” as Ankara discusses “buffer zone” in Iran to counter US-armed Kurds.
Recent Items
Wednesday, March 4, 2026
Türkiye Does Standoff Shuffle With Kurds Toward Iran
Topics: Doomsday scenarios, Middle East, Russia, Turkey
Posted by Conor Gallagher at 6:00 am | No Comments »
Even Patients Are Shocked by the Prices Their Insurers Will Pay — And It Costs All of Us
The bad incentives that lead health insurers not to balk overmuch at outrageous hospital charges.
Topics: Guest Post, Health care, Ridiculously obvious scams
Posted by Yves Smith at 4:56 am | 1 Comment »
Coffee Break: Armed Madhouse – Algeria and Gaza Parallels
Military dominance is often treated as strategic insurance. Yet history suggests that battlefield superiority can generate domestic political instability when the moral and reputational costs of sustained force penetrate the patron state’s political system. Examining France in Algeria alongside the contemporary U.S.–Israel alliance, this article argues that the decisive variable is not military capacity but legitimation capacity — the ability of a democratic society to sustain political consent under the burdens of prolonged external conflict.
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 13 Comments »
AI and the Distribution of Income Between Capital and Labour
AI is working according to plan, further enriching the owner class at the expense of workers.
Topics: Free markets and their discontents, Guest Post, Income disparity, Technology and innovation, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 16 Comments »
Links 3/3/2026
Topics: Links
Posted by Yves Smith at 6:59 am | 53 Comments »
Iran War: Israel Air Defenses Crumbling, US Base Attacks Continue as Markets Set for Wile E. Coyote Moment
The Iran war situation has developed not necessarily to the advantage of the US and Israel.
Topics: Doomsday scenarios, Investment outlook, Media watch, Middle East, Politics
Posted by Yves Smith at 6:58 am | 345 Comments »
Spain Risks Wrath of Trump After Denying US Forces Permission to Use Jointly Operated Bases to Attack Iran
Madrid’s words and actions regarding West Asia once again stand in stark contrast with those of the continent’s “Big Three”, Germany, France and the UK.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 30 Comments »
Qatar’s LNG Blackout Just Broke the Global Gas Market
More on the global impact of QatarEnergy’s LNG production stoppage and the uncertainty over when it might resume operation.
Topics: Commodities, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Globalization, Guest Post, Middle East
Posted by Yves Smith at 4:23 am | 21 Comments »
Coffee Break: Narrative Wars as US Media Struggles to Manufacture Consent
Narrative war rages as missiles fly. Various influencers, corporate and national media outlets are firing up their fog of war machines in a vicious fight for control.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 71 Comments »
Is That New Procedure Proven? MedTech Billing Codes and Evidence-Based Medicine
How Category III CPT codes for new procedures became entangled in a politically driven, zero-sum reimbursement game, to patient detriment.
Topics: Dubious statistics, Guest Post, Health care, Politics, Regulations and regulators, Ridiculously obvious scams, Science and the scientific method
Posted by Yves Smith at 9:56 am | No Comments »
Links 3/2/2026
Topics: Links
Posted by Conor Gallagher at 6:55 am | 55 Comments »
Iran War Widens as Iran Attacks Saudi Oil Infrastructure, Israel and Hezbollah Exchange Strikes
A daily update on the Iran war, today focusing on Iran’s attack on Saudi oil assets, the economic war, and kinetic events like F-15 downings.
Topics: Doomsday scenarios, Middle East, Politics
Posted by Yves Smith at 6:53 am | 350 Comments »
How Often Is ICE Acting as a Goon Squad for Landlords?
ICE helps clear apartment complexes and evict tenants while incarceration buildout throws a lifeline to commercial real estate.
Topics: Curiousities, Legal, Macroeconomic policy, Real estate, Social policy, Social values, Surveillance state
Posted by Conor Gallagher at 6:00 am | 6 Comments »
Democratic Leaders Face Backlash Over ‘Cowardly’ Responses to Trump War on Iran
Democrat strategy wants Trump to take heat for war while party acts like it opposes conflict and reaps rewards come November—but what if there are no elections?
Topics: Politics
Posted by Conor Gallagher at 5:00 am | 12 Comments »
Links 3/1/2026
Topics: Coffee Break
Posted by Haig Hovaness at 6:55 am | 63 Comments »



