Friday, May 02, 2025

naked capitalism

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Fearless commentary on finance, economics, politics and power


Friday, May 2, 2025

Links 5/2/2025

Washington Is Once Again Weaponising the IMF to Try to Reclaim Its “Back Yard”

Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.

What Are the Health Impacts of Plastic?

Scientists are investigating how plastic additives and microplastics affect our bodies, and are worried about what they’ve learned so far

Federal Cuts Gut Food Banks as They Face Record Demand

An update on the worsening shortfalls at food banks as the impact of Federal cuts takes hold.

US-Ukraine Minerals Deal: Has Trump Agreed to Continue Military Support? Even if Not, Will He Fall for an Endowment Effect Trap?

Will the Ukraine minerals deal become a tar baby for Trump?

Links 5/1/2025

Satyajit Das: The Unravelling – Part 2: Contagion & Containment

Mapping the contagion fever chart of how a Trump financial meltdown might unfold.

The Legal Limits of Trump’s Crackdown on Sanctuary Cities Like Philadelphia

Trump is escalating his campaign against sanctuary cities, and potentially even sanctuary churches. How might that play out?

Global South and Multilateral Financial Institutions: Where Does BRICS Stand?

Why BRICS has gotten barely anywhere on launching its own finanicial institutions and why that is unlikely to change soon if ever.

Satyajit Das: The Unravelling – Part 1: Economic & Financial Furies

Why the Trump-induced economic and financial train wrecks will be more severe than most pundits seem to anticipate.

Links 4/30/2025

Book Review: ‘Autocracy, Inc.’ by Anne Applebaum

A fine gift for someone you hate. 

China Leapfrogging the U.S. in Tech Innovation

Some sobering facts on how China is outstripping the US in science and technology advances.

Michael Hudson and Yanis Varoufakis with Ann Pettifor on Economic and Political Paradigm Changes

The formidable trio of Michael Hudson, Yanis Varoufakis, and Ann Pettifor assess the rapid changes in our economic system.

Coffee Break: Armed Madhouse – India/Pakistan Tinderbox

On April 22, unknown terrorists attacked tourists in the Baisaran Valley near Pahalgam, India, killing 25 of them. The attackers reportedly segregated the victims based on religion before executing Hindus. Like earlier terror strikes, such as the 2001 Indian Parliament attack, the 2008 Mumbai attacks, the 2016 Uri attack, and the 2019 Pulwama-Balakot crisis, the […]

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