GDP is calculated in a way that makes it seem economically sound to destroy the planet. www.theguardian.com/environment/...

On the eve of the AI bubble bursting, Trump-class con man Elon Musk reveals it's actually going to SAVE the US from bankruptcy. What a joke. This spiel is just him angling for a bailout. AI was never essential. It is a Dot-Com style fever. Musk is a crook. fortune.com/2026/02/07/e...

The peak is behind us.

AI Sparks Billions in Losses for Shadow Banking Sector "Concerns that artificial intelligence could lead to a surge in loan defaults among software companies have caused massive losses for shadow banks, with billions wiped from their value." www.bitget.com/news/detail/...

The Epstein class, people practiced in not hearing another's pain, in profiting no matter who is in power, for whom sex trafficking of girls is not a deal-breaker. Anand and Terry (and a lot of immigrants) know what it truly means to be American. youtu.be/CdTuwRn8818?... via @YouTube

🤷‍♂️

A world without crypto, without AI oligarchs, and without private credit (shadow banking) is a better place. Most of those exposed won't starve. No bailouts.

An accessible explanation of the precarious future. I'm sure with Donald Trump as our guide, we'll ... probably be screwed. Damon Silvers presenting to Americans for Financial Reform. aharvey.substack.com/p/a-primer-o...

I warned you (nine hours ago). www.varindia.com/news/the-cry...

Like much of anything AI or crypto related, the sudden development of its data centers has been reckless and largely unregulated. We don't even fully understand yet all the threats posed to the economic, environmental, climate and water security of communities. And what we do know isn't good.

A primer on the AI bubble and the prospect for a serious financial crisis. Just found it. From Dec 18, 2025. Is Trump engineering the worst worst case? www.youtube.com/watch?v=o0_e...

Workers and bosses have a different view of the efficiency of AI. Survey.

Bitcoin is going to lose a lot of money for a lot of people. Broke below $74,000 today. Sad.

Musk bought Twitter when it was a legitimate platform, changed the algorithms, made it a snake pit. A change of ownership turned CBS into regime media. Jeff Bezos killed WaPo. It's about control. The oligarchs want dominance, not money, so they'll take the hit. www.reuters.com/business/ret...

Gradually weaker employment against the backdrop of a transition to kleptocracy and splitting of the top 20% from the bottom 80%. This chart means stability to Wall Street, but the AI boom is masking weakness. The AI bust will be crippling. The high fliers need to take the hit. Not us. No bailouts.

My latest post…in which the scandal of student debt in Britain features... open.substack.com/pub/annpetti...

The AI bubble cannot go on very much longer. The water and power problems, the debt overhang of the company which finishes in 3rd or 4th and cannot reap the purported mega-profits, reducing the workforce that is the consumer. This may not be the top, but it's coming. www.reuters.com/business/sp-...

This interview with the wonderful Ash Sarkar has already had more than 100k views…If you don’t have time to watch - buy the book: The Global Casino. www.youtube.com/watch?v=xu3V...

UPDATE: Impeachment and removal on a charge of treason does not mean the whole regime is gone, as hinted in the original post. Just the final element to complete the list. "Treason, Bribery, or other high Crimes and Misdemeanors." aharvey.substack.com/p/was-jeffre...

The media is still missing the biggest story in the Epstein emails. The emails show Epstein helped Russia blackmail Donald Trump. He was advising Putin's circle on how to control the US President. Trump is compromised. We need to make sure everyone sees this:

An experiment: A wonkish post that isn't emailed out to subscribers paulkrugman.substack.com/p/a-wonkish-...

Tariff exemptions seem to be big for Mexico and Canada. See Paul Krugman paulkrugman.substack.com/p/a-wonkish-...

The global numbers are instructive. The real economy (GDP) totals $123 trillion. That's the product, services, transportation, utilities, mineral extraction, farms, energy. The financial economy? $500 trillion. But be sure, when markets go down, they come to us to bail them out.

"K-shaped" means the rich and super-rich are flourishing, while the rest are struggling. They are rich in financial assets, stocks, bonds and real estate. When those markets crumble, they'll be demanding we bail them out. (CNBC 1/30/26) www.cnbc.com/2026/01/30/w...

Bitcoin falls a bit short of July predictions. www.bankrate.com/investing/bi... See that most of these are prices a/o the end of 2025. Average is over $200,000. The exception being Warren Buffett at the end.

You know, I was wrong. Donald Trump IS the Acting President of Venezuela. A general amnesty and new openness to oil indicates Delcy Rodriguez has a soft landing somewhere. The Chavistas were bought out by the imperialists. I did not see that coming. www.msn.com/en-us/politi...

@yougov.co.uk polling from here...

via @drjennings.bsky.social

My latest post. After the Davos speech, Mark Carney should promote his alternative system and currency…first articulated back in 2019. annpettifor.substack.com/publish/post...

This week for @the-breakdown.bsky.social I spoke to the excellent @annpettifor.bsky.social about finance and the climate crisis—we covered everything from bond vigilantes to Keynes's legacy and bringing back usury as a sin 😉 Give it a listen below: www.youtube.com/watch?v=psMM...