Recent Items
Sunday, February 5, 2023
Chinese Spy Balloon Over the US: An Aerospace Expert Explains How the Balloons Work and What They Can See
Balloon details from an aerospace engineer.
Topics: China
Posted by Conor Gallagher at 3:36 am | 48 Comments »
US Fails Miserably in Efforts to Isolate Russia
Victoria Nuland is a loser as even the newspaper of record admits defeat.
Topics: Europe, Guest Post, India, Japan, Russia, Turkey
Posted by Conor Gallagher at 3:00 am | 57 Comments »
Links 2/4/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 306 Comments »
James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response
Galbraith explains why conventional views of inflation are a particularly poor fit for recent price increases and produced bad policy
Topics: Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:30 am | 26 Comments »
Employment of “People with a Disability” Spiked to Record in Hot Labor Market. Applications for Disability Benefits Fell to 20-Year Low
Covid-induced labor market tighteness is giving people with a disabilty more access to jobs than evah.
Topics: Economic fundamentals, Guest Post, Income disparity, Pandemic
Posted by Yves Smith at 6:25 am | 13 Comments »
2:00PM Water Cooler 2/3/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 98 Comments »
A Big Reckoning Starting for Private Equity and Its Public Pension Fund Enthusiasts
Private equity returns are finally going pear-shaped, but for the most part, investors are re-upping their bets.
Topics: CalPERS, Dubious statistics, Income disparity, Investment management, Investment outlook, Private equity
Posted by Yves Smith at 11:23 am | 26 Comments »
Links 2/3/2023
Topics: Links
Posted by Lambert Strether at 6:55 am | 162 Comments »
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis
As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 16 Comments »
How Corporations Hope to Eviscerate Workers’ Right to Strike
A suit by Glacier Northwest, seeking to recover costs it incurred during a strike, is now before the Supreme Court.
Topics: Guest Post, Income disparity, Legal, The destruction of the middle class
Posted by Yves Smith at 2:55 am | 35 Comments »
US Inflation Policies Slowing World Economy
The Fed is playing killer of the current inflation even though it isn’t set up to do so. That’s hurting a lot of innocent bystanders.
Topics: Economic fundamentals, Federal Reserve, Free markets and their discontents, Globalization, Guest Post, Income disparity, Investment management, The destruction of the middle class, The dismal science
Posted by Yves Smith at 1:39 am | 7 Comments »
2:00PM Water Cooler 2/2/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 93 Comments »
An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus”
A closer look at an old Eurozone banking crisis shows how Cyprus was (at least to a degree) used to get at Russia.
Topics: Banking industry, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Politics, Regulations and regulators, Russia
Posted by Yves Smith at 12:47 pm | 20 Comments »
Links 2/2/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 99 Comments »