A rumored Iranian electromagnetic weapon raises a larger question: could a conventional EMP weapon disrupt the electronics of a modern warship? Following the engineering problem from electromagnetic coupling and shipboard hardening through satellites, networks, and automated warfare reveals something more consequential: another technological arms race adding complexity and instability to an increasingly interconnected weapons complex.
Tuesday, September 29, 2026
De-Dollarization Is a YouTube Urban Legend
De-dollarization is simply not happening. Foreign investors are active dollar buyers. .
Spain Shows Narrative Management in Real Time
How the Madrid government leveraged a high-profile eviction crisis to neutralize right-wing momentum after the unprecedented Ceuta border shock
Brazil’s Lula Pledges to Cancel $28 Billion of Consumer Debt Just One Week Before Presidential Elections
Desperate times call for desperate measures amid Brazil’s burgeoning household debt crisis.
Naked Capitalism – Helping You Stay Sane in an Increasingly Insane World
Double down on that dogged determination to keep the insanity and inhumanity at bay for another year!
What Is the Federal Bond Market Really?
Debunking some widely-held, elite-serving beliefs about the function of the Federal bond market.
Bravo! Hit Fourth Fundraiser Target, On to the Fifth: Our Esteemed Writers
Help us meet our fundraiser goals! Keep Naked Capitalism fit and feisty! Please step up and fund special “thank yous” to our great writers.
Coffee Break: AI Credit and Credibility Collapsing or Will the AI Booster/Doomers Power Through?
Wall Street seems to be noticing that the data center boom rest on a bed of hype while the claims of AI boosters are getting more extreme by the day.
Announcing an Even Bigger “Double Your Donation” Challenge!
A better-than-ever “Double Your Donation” challenge! Step up and take advantage of it!
Michael Hudson: A Clean Slate – How the Oil War’s Aftermath Will Transform the World Economic Order
Michael Hudson outlines a sound path for the Global Majority to manage the coming oil war-created crisis. But you can’t get there from here.
Amid EU War Hysteria, Bloc Rearmament Remains a Joke
Lost in the daily gaslighting is the fact Europe has made little to no progress in overcoming key military production hurdles.
More US Candidates Call Out Private Equity Role in Making Housing Less Affordable
Even with private equity incumbents being huge election spenders, more and more candidates are calling out the harm done to ordinary voters.
The Right to Fire the Boss: Politics, Laws, and Institutions in Liberal Democracies
The sword of Damocles now hangs over the citizen’s head—not over that of the ruler. Could giving people the ability to recall elected presidents help change this?
