Why UK [and US] Governments Are Never Dependent on Financial Markets
As Mr. Market idelivers a big raspberry in response to Trump’s big beautiful bill, remember it won’t affect the ability to keep spending
Read more...Author Archives: Yves Smith
Global Carbon Emissions Reach Record High Despite Green Efforts
So much for “green energy will save us” hype. Carbon emssions keep rising.
Read more...How Global Value Chains, Much Hyped by Development Experts, Slowed Growth and Preserved Inequality in Middle Income Countries
Tackling a pro-multinational development canard which looks to have made the so-called middle income trap worse.
Read more...Trump’s Neo-Stalinist Pentagon Photo Purge
Controlling the future by controlling the past, here by censorship of narrative-busting photos.
Read more...Holiday Special: Dimash Sings Edith Piaf’s Hymne à l’Amour
mash, who has credibly (and often) been called the world’s best singer, does it again.
Read more...Michael Hudson: The Collapse of America’s Economic Empire
Michael Hudson, expanding on his seminal work Super Imperialism, chroniciles the rise and in-process decline of US financial hegemony.
Read more...Trump’s Homeland Security Council Sets Its Sights on Zohran Mamdani
A window into the thuggish efforts to sabotage Zohran Mamdani bid for New York City mayor, here by the Department of Homeland Security.
Read more...The Plebeian Council as an Example for Modern Citizen Empowerment
How the Roman Plebeian Council used tribal allegiances to curb the power of patricians.
Read more...The Rule of Law Is Key to Capitalism − Eroding It Is Bad News for American Business
It is a sad sign of the extent of libertarian propaganda that an apple-pie-and-motherhood issue like the rule of law needs defending.
Read more...Links 7/2/2025
Broligarchs Demand Silicon Valley Bank 2.0: What Could Go Wrong?
It seems no idea is too stupid not to get a following. This one is to recreate Silicon Valley Bank, a standout failure.
Read more...Sustainable Investment Stumbles on Uncertain Pace of Energy Transition
Green energy investment goes wobbly….again.
Read more...The Latest Trouble In Russian-Azerbaijani Relations Might Be Part Of A Turkish-US Powerplay
A look at how Turkish and US interests benefit from recent upset in the relations between Russia and Azerbainan.
Read more...Links 7/1/2025
CalPERS Retiree Group Launches GoFundMe for Investigation on Private Equity Fees
CalPERS retirees are raising funds to have a big go at private equity fee secrecy. Please chip in if you are a California taxpayer!
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