Pluralistic: Making sense of Trump's unscheduled sudden midair disassembly of the American empire (16 May 2026)
https://fed.brid.gy/r/https://pluralistic.net/2026/05/16/technopoly/
Pluralistic: Making sense of Trump's unscheduled sudden midair disassembly of the American empire (16 May 2026)
https://fed.brid.gy/r/https://pluralistic.net/2026/05/16/technopoly/

S&P Global's chief economist Paul Gruenwald warns US inflation could surge to 5% this year, driven by cascading effects from energy prices impacting fertilizers, food, and transportation costs, potentially triggering demand destruction and economic slowdown across major economies including Europe.
Heat pump sales jump as consumers recoil at high fossil fuel prices
"High demand for units in Europe suggests green technologies benefiting from energy price surge due to Iran war."
https://www.ft.com/content/571e9cc4-1b32-49ef-bc82-e550e9404d8f?
Once those heat pumps are installed, they stay, even after oil and gas flows through the Strait of Hormuz resume.
That's #DemandDestruction.
The Strait of Epstein crisis meets cheap solar panels and batteries. And boom 💥 -
#DemandDestruction
"But to really max out on demand destruction, you need both rationing and a cheap, easily installed substitute, and that's what the Strait of Epstein crisis, along with solar and batteries, offers the world today. " - @pluralistic
The oil and gas "crisis provides an opportunity for China to further expand its inroads into Southeast Asian markets, as the need to shift to renewable energy becomes critical."
https://thesoufancenter.org/intelbrief-2026-april-15/
#demandDestruction #energyTransition #SouthEastAsia #inflation #supplyShock #GNL #energy #oilAndGas #Asia #China

Asia is experiencing shocks and reverberations across multiple economic sectors as a result of the U.S.-Israel vs. Iran war. The negative spillover effects are apparent across energy, food, and labor sectors in South and Southeast Asia. The energy crisis is also affecting parts of East Asia. Should the ceasefire break down after the failure of […]