Author Archives: Yves Smith

Michael Hudson: Marxism, Economic Parasites, and Debt Cancellation

Michael Hudson in a bracing talk, including history of crises, the role of debt, and how ancient Greek and Roman law promoted inequality

Links 3/9/2024

“Explosive Growth” in Petrochemical Production Linked to Increases in Cancers and Other Diseases in New Report

Evidence from the New England Journal of Medicine, that petrochemical output, particularly plastics, may be behind the rise in many ailments.

The Reach of JSOC ‘the President’s Private Army’

What is JSOC doing, and where are they doing it?

Apple’s Exclusionary App Store Scheme: Will the EU Tolerate Gaming of the Digital Markets Act?

Will the EU see through and act against Apple’s self-serving, Digital-Markets-Act-evading new app store scheme?

SEC Approves First US Climate Disclosure Rules: Why the Requirements Are Much Weaker Than Planned and What They Mean for Companies

The SEC had to make concessions in its climate disclosure final rules, but it did well given the constraints of its investor focus.

Nothing in Nuland’s Life Became Her Like the Leaving of It

More discussion of whether Victoria Nuland jumped or was pushed, and what that might say about US politics and foreign policy.

Ralph Nader: Real Gaza Death Toll at Least 200,000

Ralph Nader calls out the certain extreme undercount of death in Gaza and why that is convenient for Israel, the US, and Gaza.

Links 3/6/2024

Victoria Nuland, Major Force Behind Failed Project Ukraine, Retires Unexpectedly

Victoria Nuland is leaving but sadly the considerable damage she has done will endure.

There’s a “New Upside Risk” in Town: “Pent-up Exuberance” – Fed’s Bostic

Some at the Fed worry that the central bank can’t get the inflation genie back in the bottle.

How Facebook Contributes to the Demise of Endangered Species

With little enforcement or legal culpability, social media sites like Facebook help wildlife trafficking thrive in plain sight.