Categories Finance

Naked Capitalism Links – October 31, 2026

In an ever-changing world, numerous topics demand our attention—from cultural insights to pressing global challenges. This compilation endeavors to provide a snapshot of various issues currently making waves, while also introducing some light-hearted moments to lighten the mood.

10 Metal Albums That Are Actually Scary-Sounding Metal Injection (Michael T)

Mental Hospitals at the Movies JSTOR (Micael T)

Life is mostly status competition Aporia (Micael T)

How dangerous is alcohol really? Overton via machine translation (Micael T). It is important to remember: getting into a car is the most dangerous activity people participate in regularly, a risk that increases significantly in areas with a high volume of motorbikes.

#COVID-19/Pandemics

Ebola death toll in DR Congo passes 5,000 Aljazeera

US measles cases top 4,800 as the disease surges in multiple states CIDRAP

I’ve been unwell for over a month and at times quite incapacitated. The younger friend from whom I contracted this illness, who I met for coffee outside just one week after her symptoms began, is still feeling ill.

Climate/Environment

World’s oldest cave paintings under threat as wildfires rage across Indonesia Independent

Ocean’s ability to absorb carbon is weakening as climate change intensifies, UN warns UN

The deep ocean’s protective effects against warming have altered since 2016. No one knows the implications. The Conversation

Unusual and catastrophic landslides are occurring throughout the far north. Grist

Ocean warming and herbivorous fish grazing lead to the collapse of kelp forests along Japan’s Izu Peninsula. PhysOrg

China?

Nvidia’s relationship with China becomes even more complex, as reports indicate that Jensen Huang was targeted in a spy plot. Yahoo

Last year, Americans traveled to China for a $10,000 cancer drug. Now, it’s priced at $200,000. Kevin Walmsley

Southeast Asia

Jewish leaders and their relatives, along with 19 firms, are under scrutiny following the revocation of citizenship. Bangkok Post

European Disunion

European property market continues to slump as borrowing costs escalate, leading to price reductions. Reuters

Is the Eurozone on the brink of a new sovereign debt crisis? Economics Observatory

Actor Wolfgang Zarnack states, “The vast majority of Germans oppose the war, and we should make that clear.” Ismaele

Annalena in Uppsala: Baerbock can’t evade her political responsibilities. Nachdenkseiten via machine translation (Micael T)

Volkswagen faces a deepening crisis, reporting its worst loss since the ‘Dieselgate’ scandal. This is Money

Germany’s fascination with Lithuania analyzed. Scott Ritter

France’s heavy-handed policing strategies: The acronyms of a police state. Nachdenkseiten via machine translation (Micael T)

The French Senate supports a ‘Rioters Pay’ bill, potentially imposing $11,000 fines on protesters. CNBC

Old Blighty

Tax revenue from North Sea oil and gas projected to be ‘close to zero’ in five years, according to OBR. The National

Israel v. The Resistance

Families in Gaza prepare for a fourth winter filled with wind, rain, and floods in makeshift camps. Aljazeera

The Mecca Alliance: A potential regional defense or Washington’s latest strategy? The Cradle

Ben Shapiro’s mask has finally been lifted. Tucker Carlson

Iran War

How Iran targeted U.S. bases, resulting in billions in damages. Wall Street Journal

Live updates: IRGC confirms four tankers using ‘unauthorized’ routes have been hit in Hormuz. Middle East Eye

Iran’s secret military network is managing to bypass the US blockade. Reuters

Iran emphasizes the ‘sea mines’ narrative after the Hormuz tanker attack, but limpet mines are a recurring tactic. Gulf News

As stated yesterday, Iran has dismissed the U.S. stance, although it remains open to diplomatic dialogue:

Trump can initiate conflict, but it remains to be seen if he can conclude it. Now he aims for island-hopping strategies. Larry Johnson. Note that former Marine Scott Ritter disagrees (see here) and contends that any planned operations are intended to disrupt, particularly regarding oil-export infrastructure.

* * *

Saudi Arabia’s war in Yemen relies on external munitions. The People’s Art of War (Micael T)

New Not-So-Cold War

Russian forces launched drone attacks on Ukraine, deploying 134 drones and hitting 20 locations overnight. Ukrainska Pravda

U.S. authorizes the sale of $2.1 billion in Patriot interceptors to Ukraine. NBC

The G20 ‘family photo’ was canceled due to protests concerning the presence of a Russian minister. BBC

NATO warns of a high price for any continued Russian aggression towards Ukraine. Reuters

Big Brother is Watching You Watch

Inexpensive aftermarket car screens are frequently equipped with spyware. The Drive

Imperial Collapse Watch

Triggering suicidal tendencies from Washington to Tel Aviv, Ottawa to Brussels, and beyond. Olivier Boyd-Barrett

INTEL Roundtable with Johnson & Ritter – Weekly Wrap 30-OCT. Judge Napolitano, YouTube. Notably, Ritter asserts that any attack on the Strait of Hormuz islands would be a disruption, not an occupation. More significantly, see at 14:00, highlighting this Newsweek article: U.S. Army prepares for potential large-scale military graves.

Rappers for regime change: How the CIA engages hip-hop artists globally. Mint Press

Trump 2.0

Trump’s situation has become increasingly precarious. W.A. Lawrence

Midterms

The Cook Political Report has shifted 14 races in favor of Democrats as the midterms approach. USA Today

Voters with lower engagement levels are increasingly leaning towards Democrats. G. Elliot Morris

Surprise! Polls are aligning with the betting markets today. Michael Shedlock

Record-high heating oil prices are shaping the narrative in the Maine Senate race. DropSite

Pelosi criticizes Abdul in the final campaign days. Breaking Points. Quite the spectacle.

Immigration

The White House Council of Economic Advisers’ perceptions of the costs of illegal immigration are distorted. Cato (resilc)

ICE has reported 36 detainee fatalities in fiscal 2026, the highest since 2018. Nation of Change

Our No Longer Free Press

The Legless Podcasters — Why some media outlets repeatedly misinterpret the intricacies of war. John Helmer

Australia’s “Antisemitism Envoy” posits that the pro-Palestine left holds Nazi-like views. Caitlin Johnstone (Micael T)

Economy

AI

The new constraint in America’s AI expansion: a scarcity of affordable capital. Wall Street Journal. Here’s a simplified interpretation: only reckless investment will prop up AI, as its economic model is evidently unsustainable, even for investors seeking returns in an inflation-heavy environment.

Evidence of AI financial returns remains absent beyond the tech sector. Apollo

Investors may have reached their limits regarding AI bonds. Bloomberg

OpenAI reduces its funding target by $10 billion amid rising tech uncertainties. Financial Times.

The AI bubble may reveal profound hidden truths. BBC

The Bezzle

An overview of the $5.8 billion Binance hack: Confirmed details and ongoing speculations. Bitcoin.com (Micael T)

Private credit is confronting a challenging 2027. Seeking Alpha

Allegations suggest North Korean hackers have pilfered $6.3 billion from Binance, marking the largest crypto heist. Channel News Asia

Guillotine Watch

The Department of War is defending Musk amidst rising scrutiny. Caleb Ecarma

Class Warfare

Americans are resorting to credit for groceries and gas, leading to significant debt accumulation. New York Post

U.S. workers are struggling as their take-home pay fails to keep up with inflation, leading to tighter budgets. MarketWatch

Half of U.S. workers are foregoing necessary healthcare even before the upcoming Trump-era Medicaid cuts take effect. WSWS

Strike threats at the Los Angeles and Long Beach ports are temporarily on hold as unions and employers extend negotiations. gCaptain

Antidote du jour (via):

And a bonus:

A second bonus:

And a third:

You can find yesterday’s collection of links and the antidote du jour here.

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