As More Hospitals Create Police Forces, Critics Warn of Pitfalls
More American exceptionalism: cops maintaining order in hosptials.
Read more...Author Archives: Yves Smith
‘Death Outlives War’: Analysis Estimates Post-9/11 US Conflicts Killed Over 4.5 Million
A new study tallies the cost of US war-fomenting in the Middle East. The numbers get big fast.
Read more...The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin
Central banks provide even more gimmies to banks than you likely realized.
Read more...Eurobanks and London Firms Insist Very Bad Things Will Happened if Euro Derivatives Clearing Moves to Continent
anks and loser clearinghouses are complaining about a (long) planned derivatives relocation to Europe. But is this mainly special pleading?
Read more...Understanding Your Cat’s Wild Side
In “The Cat’s Meow,” evolutionary biologist Jonathan B. Losos explores the ancestral roots of the modern housecat.
Read more...The Taliban and the Islamic State Continue to Fight for Afghanistan’s Future
True to form for US nation-breaking exercises, Afghanistan is afficted by continuing facional power strugges.
Read more...The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
Contrary to popular opinion, Fed interest rate policy is still permissive, if not quite as permissive as before.
Read more...“Crypto Is a Fraud on the Public”: Financial Watchdog Explains Ties Between Crypto and the Banking Crisis
Dennis Kelleher of Better Markets explains why crypto is the last place anybody should be running to for safety.
Read more...PBMs, the Brokers Who Control Drug Prices, Finally Get Washington’s Attention
Why it isn’t easy to slip the leash of PBMs.
Read more...Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis
Big food company profit-goosing price hikes confirms that the Fed is barking up the wrong tree in going after labor.
Read more...New Wave of Asylum-Seekers at US Southern Border as Title 42 Expires
Even the mainstream media acknowledges that an expected surge of immigrants at the US border will push a bad situation into crisis.
Read more...How Trade Fragmentation Affects Bank Credit Supply
Engaging in more bilateral trade to bypass the dollar fragments the activities of major international banks and even affects locak players.
Read more...NY Times Is Wrong on Dedollarization: Economist Michael Hudson Debunks Paul Krugman’s Dollar Defense
Michael Hudson calls out Krugman for invoking the favorite libertarian trope of hyperinflation.
Read more...The Mercenaries Who Fight for American Empire
How private military contractors, aka mercenaries, are now an essential part of America’s increasingly privatized wars.
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