Friday, January 10, 2025

Polish Foreign Minister Worries that Musk Will Successfully Undermine Ruling Liberal Party in Upcoming Elections; Is Another Romania-Style Election Nullification Possible?

Will Musk’s taste for a US favorite, regime change, include 2025 Polish elections? If so, will the answer be Romania-style extreme measures?

UK Economy Falters as Pound Sterling Continues to Slide

Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.

2:00PM Water Cooler 1/9/2025

By Lambert Strether of Corrente. Patient readers, I am now going to take a nap. Enjoy! Bird Song of the Day Brown Thrasher, Theodore Roosevelt National Park – Upper Talkington Trail, Billings, North Dakota, United States. * * * In Case You Might Miss… Trump’s pivotto the Northern Hemisphere. LA Palisades Fire: This is fine. […]

Beware the Faux Populism of Corporate Democrats

Why the working class needs to make a hostile takeover of the Democrats.

Links 1/9/2025

This Week’s Unholy Mix of Drought, Wind, and Fire in Southern California: A Warning of an Accelerating Insurance Crisis in Climate-Risk Areas?

More and more homeowners are understandably worried about what insurance increases might look like in the face of intensifying climate risks.

Yanis Varoufakis: What to Watch Out for in the Unfolding Palestinian Genocide

Yanis Varoufakis contends that even though Israel’s genocide in Gaza looks unstoppable, that the costs to Israel will keep rising.

Americans’ Rage at Insurers Goes Beyond Health Coverage – The Author of ‘Delay, Deny, Defend’ Points to 3 Reforms that Could Help

On the prevalence of claims processing fraud by insurers and what if anything can be done about it.

2:00PM Water Cooler 1/8/2025

~ Today’s Water Cooler: Politics, Syndemics; LA Palisades Fire: This is fine; Trump’s pivot to the Northern Hemisphere; More weirdness with the Vegas Tesla explosion ~

China’s Government Bond Market Sounding Loud Deflationary Alarm. Is the Japanification China Has Warded Off Finally Arriving?

China’s investors are in freakout mode about deflation risks. Can its government turn the fundamentals around?

Links 1/8/2025

Is a US-Türkiye Deal Involving the Kurds in the Works? 

As Erdogan’s hand weakens and the US-Israel look towards Iran, signs point to Türkiye backing down. 

Europe Races to Refill as Gas Reserves Dwindle

A look at another act of European self-destruction in the name of harming Russia, here on the gas supply front.

What Is a Democrat?

Where does a Democrat fit in the political food chain?

2:00PM Water Cooler 1/7/2025

~ Today’s Water Cooler: Politics, Syndemics; Trump to change “Gulf of Mexico” to “Gulf of America”; “FBI Is Still Hiding Details of Russiagate”: Aaron Maté; HPMV in China ~