Bahrain’s Foreign Minister Warns Hormuz War Is Pushing Millions Into Poverty as Iraq Rebuilds From Conflict
Analysts Warn IRGC Militia Networks May Fill the Vacuum Before Investment Does [BAGHDAD] From a country whose diplomats are careful by tradition and always conscious of Washington’s preferences, the language was striking. Bahrain’s Foreign Minister Abdullatif Al Zayani, whose country holds the rotating presidency of the UN Security Council, told the council this week that […]
Economic collapse is coming — and the rich are already prepared to profit from it
The Wall Street Journal reports in an article titled “Trump Tells Aides to Prepare for Extended Blockade of Iran” that:“President Trump has instructed aides to prepare for an extended blockade of Iran, U.S. officials said... In recent meetings, including a Monday discussion in the Situation Room, Tr...
https://arxiv.org/abs/2603.20617[Comments: 53 pages, 4 figures, 2 tables
Subjects: Theoretical Economics (econ.TH)
MSC classes: 91A10, 91B55
ACM classes: J.4; K.4.0
Cite as: arXiv:2603.20617 [econ.TH]
(or arXiv:2603.20617v1 [econ.TH] for this version)]
https://doi.org/10.48550/arXiv.2603.20617#AI #automation #arxiv #economics #theoreticaleconomics #artificialintelligence #PigouvianTax #AutomationTax #universalbasicincome #economiccollapse 
The AI Layoff Trap
If AI displaces human workers faster than the economy can reabsorb them, it risks eroding the very consumer demand firms depend on. We show that knowing this is not enough for firms to stop it. In a competitive task-based model, demand externalities trap rational firms in an automation arms race, displacing workers well beyond what is collectively optimal. The resulting loss harms both workers and firm owners. More competition and "better" AI amplify the excess; wage adjustments and free entry cannot eliminate it. Neither can capital income taxes, worker equity participation, universal basic income, upskilling, or Coasian bargaining. Only a Pigouvian automation tax can. The results suggest that policy should address not only the aftermath of AI labor displacement but also the competitive incentives that drive it.
Economist Richard Wolff WARNS ECONOMIC APOCALYPSE is Near
Economist Richard Wolff WARNS ECONOMIC APOCALYPSE is Near
LEAKED: Why Singapore's $936B Fund Just Dumped China for AI & America
How much is Trump to blame for the current economy?
https://www.storyangles.com/post/are-we-now-nearer-to-wtshtf-than-ever-before
A cyberattack hits a pipeline, fuel shortages spread, airports slow, deliveries stall, panic buying begins.
One disruption triggers five more.
#wtshtf #apocalyptic #disorder #catastrophe #EconomicCollapse #StoryAngles
Are We Now Nearer to WTSHTF Than Ever Before?
The Proofs Are Hiding in Plain Sight.If you’ve felt the pressure rising, you’re not imagining.Prices jump. Shelves empty. Storms hit harder. Outages last longer. Institutions respond slower. The world is running hotter, faster, and closer to the edge.And the old sense of “someone will handle it” has evaporated.Supply chains run on razor-thin margins. The grid is aging and overloaded. Hospitals operate at capacity year-round. Housing is expensive. Essential labor is stretched thin.A single storm
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Deep Press Analysis
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