Wednesday, September 30, 2026

Links 9/30/2026

Even Wall Street Is Now Sounding the Alarm on Javier Milei’s Economic “Miracle”

“Argentina posted its worst monthly performance since the April 2020 lockdown, with the monthly activity indicator declining 2.9% month on month.”

Naked Capitalism: Your Antidote for the Madness

In a world like this, staying sane is a full time job. Naked Capitalism makes that easier and shows you are not alone.

Iran War: The Narrative War Over Hormuz, Meetings in NY, Abu Dhabi, Riyadh, London

The Trump 2.0 regime seems to be succeeding in its efforts to convince the oil markets that they have cracked open the Hormuz Strait and are escorting an ever-increasing amount of crude oil past the Iranian blockade. For their part, the Iranian claims to have hit almost two dozen ships over the weekend have gone quiet, but the IRGC did send a letter to the American people and threats are being issued. Meanwhile, major meetings took place in New York, Abu Dhabi, Riyadh and even London, and kino continued on the Yemeni front.

What Happens When Neoliberalism’s Only Got Fear Left to Sell?

Now that neoliberal policies are failing to deliver prosperity, their backers are falling back on fear-mongering.

Coffee Break: Armed Madhouse – EMP Weapons: Yet Another Destabilizing Technology

A rumored Iranian electromagnetic weapon raises a larger question: could a conventional EMP weapon disrupt the electronics of a modern warship? Following the engineering problem from electromagnetic coupling and shipboard hardening through satellites, networks, and automated warfare reveals something more consequential: another technological arms race adding complexity and instability to an increasingly interconnected weapons complex.

De-Dollarization Is a YouTube Urban Legend

De-dollarization is simply not happening. Foreign investors are active dollar buyers. .

Links 9/29/2026 + Short Iran War Note

Spain Shows Narrative Management in Real Time

How the Madrid government leveraged a high-profile eviction crisis to neutralize right-wing momentum after the unprecedented Ceuta border shock

Brazil’s Lula Pledges to Cancel $28 Billion of Consumer Debt Just One Week Before Presidential Elections

Desperate times call for desperate measures amid Brazil’s burgeoning household debt crisis. 

Naked Capitalism – Helping You Stay Sane in an Increasingly Insane World 

Double down on that dogged determination to keep the insanity and inhumanity at bay for another year! 

What Is the Federal Bond Market Really?

Debunking some widely-held, elite-serving beliefs about the function of the Federal bond market.

Bravo! Hit Fourth Fundraiser Target, On to the Fifth: Our Esteemed Writers

Help us meet our fundraiser goals! Keep Naked Capitalism fit and feisty! Please step up and fund special “thank yous” to our great writers.

Coffee Break: AI Credit and Credibility Collapsing or Will the AI Booster/Doomers Power Through?

Wall Street seems to be noticing that the data center boom rest on a bed of hype while the claims of AI boosters are getting more extreme by the day.

Announcing an Even Bigger “Double Your Donation” Challenge!

A better-than-ever “Double Your Donation” challenge! Step up and take advantage of it!