Russia’s new Poseidon weapon, a nuclear-powered, nuclear-armed undersea drone, threatens coastal cities with massive radioactive destruction. Its speed, stealth, and long range make very difficult to defend against, forcing adversaries to consider ruinously expensive countermeasures. This article examines Poseidon’s capabilities, the challenge of undersea defense, and why renewed arms control is the only rational response.
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Tuesday, November 4, 2025
Coffee Break: Armed Madhouse – The Poseidon Problem
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 4 Comments »
The Lasting Economic Scars of War
War is even more destructive in economic terms than is widely acknowledged.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 11/4/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 102 Comments »
How Brazil’s New Digital Payments System Managed to Enrage (and Terrify) Both Wall Street and Silicon Valley
A mobile payments system that is publicly controlled, easy to use and without fees (for individuals and small businesses) is “tough to beat.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 15 Comments »
Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Topics: Banking industry, Credit markets, Economic fundamentals, Federal Reserve, Investment management, Media watch, Regulations and regulators, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 6:35 am | 2 Comments »
Technology Empires and the Race to Cement Dominance
A look at how the US and China are seeking to achieve technology hegemonies, and the efforts of smaller countries to carve out niches.
Topics: China, Economic fundamentals, Globalization, Guest Post, Politics, Russia, Technology and innovation
Posted by Yves Smith at 4:02 am | 3 Comments »
Coffee Break: MAGA Civil War – America First vs. Israel First
A major MAGA civil war has erupted pitting Tucker Carlson against what Nick Fuentes calls “Israel First” Republicans.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 67 Comments »
Mission Impossible: Why the US Cannot Reverse Its Manufacturing Decline
Debunking magical thinking about the US regaining its manufacturing mojo at scale.
Topics: Economic fundamentals, Environment, Globalization, Income disparity, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 77 Comments »
Links 11/3/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 112 Comments »
Tracing a Line Between Israeli Pager Attacks and Ukraine Collapse to the Tennessee Munitions Factory Explosion that Killed 16 Workers in an Impoverished Region of the U.S.
The so-called ‘Arsenal of Democracy’ goes up in smoke.
Topics: Banana republic, Guest Post, Market inefficiencies, Middle East, Privatization, Risk and risk management, Social policy, Social values
Posted by Conor Gallagher at 6:00 am | 17 Comments »
Trump’s Deportations Are Causing Farm Labor Issues. He Hasn’t Presented a Viable, Long-Term Solution.
Trump has cast the H-2A program as a quick help for farmers. At the same time, the program has been suspended during the government shutdown, which could cause production problems.
Topics: Banana republic, Commodities, Social policy, Social values
Posted by Conor Gallagher at 5:00 am | 12 Comments »
Medicare Advantage: Fraudulent and Misleading Marketing Lures Seniors into Plans Inferior to Traditional Medicare
A guide on the structure of Medicare Advantage, why it is a bad deal, and how to steer clear of aggressive and even fraudlent marketing.
Topics: Guest Post, Health care, Income disparity, Politics, Regulations and regulators, Ridiculously obvious scams, Social policy, The destruction of the middle class
Posted by Yves Smith at 2:35 am | 39 Comments »
Links 11/2/2025
Topics: Guest Post, Links
Posted by Haig Hovaness at 6:55 am | 145 Comments »
The Sunday Morning Movie Presents: Faust (1926) Run Time: 1H 46M Plus Halloween Bonuses!!
Faust is a movie about the power of love over the power of evil.
Topics: Guest Post, Sunday morning Antidote movie
Posted by semper loquitur at 6:30 am | 24 Comments »
The Shutdown – And the House’s Inaction – Helps Pave Congress’ Path to Irrelevance
Where’s Congress? The institution is unwilling to assert itself as an equal branch of government.
Topics: Banana republic, Guest Post, Politics, Taxes
Posted by Conor Gallagher at 5:00 am | 31 Comments »


