Ian Welsh
The horizon is not so far as we can see, but as far as we can imagine
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Latest posts
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Week-end Wrap – Political Economy – November 01, 2026
Week-end Wrap – Political Economy – November 01, 2026 by Tony Wikrent He Called for Trump’s Impeachment. Now an Air Force Major Sits in Solitary Confinement. Jeffrey Sterling, Oct 26, 2026 [laprogressive.com] Major Jason Watson faces ten military charges after publicly demanding…
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Information Overlord: Robert Johnson at the Crossroads, America in Decline
What I Released This Week Coffee Break: Elon Musk Has a Hand in Everything from Anthropic to Skydance to Texas Politics — Naked Capitalism, Oct. 28th. Coffee Break: Trump’s GOP Flailing as Campaign Nears Close — Naked Capitalism, Oct. 26th. From me as Nate Wilcox at the Let It…
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Open Thread
Use to discuss topics unrelated to recent posts.
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Lambert Strether’s New Blog
There’s a lot of overlap between my readership and Naked Capitalism’s. Lambert Strether was Yves right hand man for years, and when he left he had to be replaced by multiple people. He has a new place, THE JACKPOT BLOG. Lambert posts multiple times a day, showing his usual…
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US Spends Way More On R&D Than China
The difference is huge: Europe’s share of global tech R&D has collapsed from 23% in 2005 to just 8% today, while the US has climbed to 62% and China has risen from near zero to 15%. South Korea now outspends Germany, France, the UK, and Italy combined in tech R&D. Yep, you read…
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Don’t Talk Human Welfare With Elites, Talk Money (Hospital Edition)
Once a year I do a fundraiser. The blog has always been free to read. Nothing is behind a subscription wall. But the blog is also not viable without reader support. At most I’d keep it up and write an article or two a week. Donations allow us to cover the changeover of hegemony…
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Lula Wins In Brazil, His Opponent Has His Passport Seized
Lula came back to win in Brazil. Flavio Bolsonaro, his opponent had more votes in the first round, but lost in the second. There are a few issues here to unpack. First: there’s very little question in my mind that Flavio is corrupt and has engaged in criminal acts much like…
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Week-end Wrap – Political Economy – October 25, 2026
Week-end Wrap – Political Economy – October 25, 2026 by Tony Wikrent A Blue Wave Won’t Wash Away Our Oligarchy Problem New Republic War on voting Ballot Rejections Soared in Rural Counties After USPS Reduced Mail Service Ken B. Morales, Jen Fifield and Misty Harris, [ProPublica]…
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Information Overlord: Skydance + Musk, Egypt + Saudi Arabia
What I Released This Week Coffee Break: Netflix Purges the C-Suite While Larry Ellison Goes Deep to Fund Skydance — Naked Capitalism, 21 Oct. Coffee Break: Trump Regime Wilding Amid Scandals and Backstabbing — Naked Capitalism, 19 Oct. West Asia War: Egyptian Parliament Delays…
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The Danger Of Cynicism
Some years ago I realized that one of the reasons I was a good analyst was my upbringing. My parents were alcoholic, my father was, errr, erratic at best and could blow up for what appeared to everyone but him no reason. My experiences with other authority figures, with a couple…
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There Aren’t Actually A Lot Of Places For Billionaires To Run
So, the news comes in that Mark Zuckerberg is not going to leave California even if the 5% wealth tax passes. Jensen Huang of Nvidia isn’t moving either. Some billionaires have, most notably Thiel to Argentina, and a few to Texas, but overall, most are staying in place. A…