People don’t mind inequality due to “brute luck”…but is one man’s brute luck another man’s rigged system?
Thursday, September 29, 2016
Today’s Water Cooler: David Brock’s commissions, undecided voters, Pence on the trail, manufacturing, MMT, Charlotte’s highways, Lego
By Lambert Strether of Corrente. Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. –Winston Churchill The old reprobate got that one right, didn’t he? This post will be absurdly short (for Naked Capitalism) and absurdly sweet (for Naked Capitalism). […]
A new study on corporate tax havens shows how multinational corporations avoiding U.S. taxes represents a transfer to them from workers.
Absolute inequality around the world has increased, challenging the purported benefit of globalization.
Whether or not regulators approve the Bayer-Monsanto merger, these companies will continue their rampage against nature.
Today’s Water Cooler: Bill Clinton outs Hillary on TPP, TV spending, Clinton on Wells Fargo, leading indicators, Maersk, Hanjin, China, bees
Why the backlash against the overreach of US trade deals, as embodied by the TPP and TTIP, is well warranted.
Posted by Yves Smith at 6:55 am |
Why private debt is so dangerous, and why that risk looms large, particularly in China.
It’s becoming even more obvious that Fed policy is focused on keeping the bubble inflated over real economy concerns.
Wells Fargo Fake Accounts Hidden by Fake Whistleblowing: Former Employees, Including HR Officials, Allege Systematic Retaliation
As short seller David Einhorn says, “No matter how bad you think it is, it’s worse.” That’s proving true at Wells Fargo as former employees allege systematic whistleblower retaliation.
Today’s Water Cooler: Clinton Foundation layoffs, Clinton air war, Clinton path to victory, Trump v. political class, Hanjin, shipping banks
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm |
New Medicare reimbursement program, MACRA, will further crapify the physician’s workplace.
Topics: Health care
Posted by Lambert Strether at 12:10 pm |