Economics

Hubris, Nemesis, Grifter as Greek God: Palmer Luckey of Anduril

Palmer Luckey, the CEO of autonomous weapons systems maker Anduril, is being heralded as the potential savior of America’s defense industry. He’s not. But if you want to see end-stage capitalism in its rococo phase, there’s no better term to pop into search than “Palmer Luckey.” .@PalmerLuckey‘s personal arsenal includes helicopters, nuclear missile silos, a […]

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Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South

Trump and India are locked in a staredown, and neither side appears prepared to blink. India seemed to have relied overmuch on its perception of its geostrategic importance, along with an earlier Biden Administration go-ahead, in persisting in Russian oil buys. So India appeared to ignore domestic pressures, like Lindsay Graham was stomping around in

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When One of the World’s Most Powerful Nations Is Run By Spoiled Children 

Like LSD, which can convince people they can fly—causing them to jump out of windows—weapons can make people overconfident. Skewing their tactical judgment. -Ng, “Snow Crash” As the US flails about trying to maintain a dominance that’s already gone, it’s often difficult to analyze or predict US actions because they usually appear on their face

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The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus

Yves here. Before you take Andrew Korybko’s view as extreme, a new story in the Washington Post, framed as Trump hosting a meeting on Friday to try to broker a “peace deal” between Armenia and Azerbaijan. Even though it does not mention the idea of a US lease of the Zangezur Corridor even though that

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Coffee Break: Armed Madhouse – Iran Has the Bomb

Theodore Postol is a retired MIT physics professor who was a consultant to the Pentagon on nuclear weapons and missile defense. He recently published a presentation on Iran’s nuclear weapons capability, which he summarized in a YouTube interview. Professor Postol explains, in considerable detail, how the construction of a deliverable fission bomb is well within

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Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?

Trump, whose actions are regularly driven by his (often mistaken) perceptions of weakness in other parties, has decided to have a go at India over its purchases of Russian oil. The fact that so far, India is the only country singled out for this treatment suggests that Trump thinks he is engaging in “Kill the

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