Author Archives: Yves Smith
Data Centers Set to Consume 9% of U.S. Electricity by 2030
Electricity demand is set to increase markedly thanks to uses like AI and cryptocurrencies.
Read more...Death and the Cinema
A discussion of film, even films about death, will hopefully come as a distraction from turbulent news.
Read more...Biden Authorizes Ukraine to Make “Limited” Strikes on Russia With US Weapons
The Biden Administration doubles down yet again against Russia, even as the Collective West is running out of options.
Read more...Donald Trump Conviction Open Thread
Trump was convicted on all 34 counts in his New York “hush money” trial. What next?
Read more...Will Israel Kill Public Support for America’s Bipartisan Consensus?
Could there be a tiny silver lining in the Israel genocide in Gaza?
Read more...Global South Suffering Due to Powerful Nations’ Elite-Serving Policies
The World Bank projects the worst slowdown in over four decades in 2024. This is mainly due to Western powers’ contractionary policies
Read more...Preparing for Collapse: Why the Focus on Climate/Energy Sustainability Is Destructive
Energy and climate sustainability are hopium. However, it may be possible to preserve a semblance of our techno-driven civilization.
Read more...Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation
Modern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
Read more...Status of Banks’ Unrealized Losses in Q1: Worsened After Brief Rate-Cut-Mania Relief
US banks are still sitting on losses, with Fed relief nowhere in sight.
Read more...Private Equity Seeks to Foist Companies It Can’t Sell on Employees
Oh noes! Private equity is finding it hard to find buyers for all those deals it bought when interest rates were low!
Read more...Links 5/29/2024
The Popski Syndrome – Allied Defeat Turns into Ukraine Battlefield Fantasies
Ukraine, with certain Western help, has engaged in even more provocative stunts as some NATO leaders threaten escalation.
Read more...Repress U., Class of 2024: How to Build a Homeland Security Campus in Seven More Steps
The apparatus behind the explosion of police crackdowns against campus anti-Gaza-genocide protests has been very long in the making.
Read more...“It’s Not Just Ideology: Why the U.S. Is Hard-Wired to Be Hostile to Autocratic Regimes”
An, erm, novel exercise to present Americans as always on board with good-thinking values like opposing autocratic players.
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