Why Has the Press Ignored Retailers’ Crappy Black Fridays, as Experts Warn of Coming Bankruptcies?
The retail sector is staring to flash “Watch out below” warnings. How many store chains will be forced to retrench?
Read more...Author Archives: Yves Smith
Pentagon Blasted for ‘Unacceptable Failure’ to Reckon With Civilian Casualties
The United States has not lived up to its legal and moral commitments or its own stated policies to protect civilian lives.
Read more...The US Biofuel Mandate Helps Farmers, but Does Little for Energy Security and Harms the Environment
Why biofuel is a scam, except perhaps as a subsidy to Big Ag.
Read more...The Case of Igor Tarakanov Who Shot Down MH17 Before Shooting Himself in the Foot
Flight MH17 is baack…under some pretty dodgy-looking premises.
Read more...Links 12/2/2021
US Putting Choke Chain on UK Over Threat to Invoke Article 16, Retrade Brexit Irish Protocol
The UK may have been too clever by half with its scheme to retrade the Brexit deal.
Read more...How Would the Left Treat an Illegitimate Election?
The lack of any interest in improving election systems in the US leaves what purports to be the left exposed to chicanery.
Read more...Quitting Your Job or Thinking About Joining the ‘Great Resignation’? Here’s What an Employment Lawyer Advises
Quitting can be trickier than you think. Some pointers.
Read more...Profiting from the Carbon Offset Distraction
Carbon offset markets allow the rich to emit as financial intermediaries profit and undermine efforts to cut greenhouse gasses.
Read more...Links 12/1/2021
Satyajit Das: Fintech’s ‘Flim-Flam’ Innovation Games
Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Nassim Nicholas Taleb: No, Covid 19 Is Not an Old Person Problem
Yves here. Nassim Nicholas Taleb shreds the misguided logic behind Covid age-ism. And that’s before getting to the fact that in South Africa, the notion that the old are more likely to get really sick is simply not true: The newscaster starts by describing an “exponential” rise in cases, then interviews the head of ICU […]
Read more...Congress ‘Asleep at the Switch’ as Biden Continues Trump-Era Ploy to Privatize Medicare
Call or write your Congresscritters to amplify the >1,500 physicians who warn that “direct contracting” threatens “Medicare as we know it.”
Read more...Foreclosure Looms for Homeowners Who Thought They’d Won, Thanks to Top New York Court Ruling
Foreclosure suits from the financial crisis era get a new life thanks to a ruling by a conflicted New York judge.
Read more...Vaccine Politics Not Working to Biden Administration Advantage
Omicron and vaccine hesitant essential workers are undermining Biden’s vaccine-fixated Covid strategy.
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