Articles by Yves Smith - Page 147 of 1556

Jim Chanos: “The Crypto Ecosystem Is Well-Suited for the Dark Side of Finance.”

The famed short-seller talks Sam Bankman-Fried, why Wall Street is still so keen on crypto, and how technology is making us dumber

The Fed’s Bank Capital Three-Card Monte: Undermines Tighter Rules by Allowing Synthetic Risk Transfers to Famed Hedge Fund Bad Actors Like Magnetar, Ares

The Fed again seems unable to contain its bad impulses.

Resources to Save ‘Every Creeping Thing of the Earth’ Are Limited. What Would Noah Do?

A discussion of Martin Weitzman’s ideas about the best way to look at species preservation.

Biomedical Science versus Biomedicine, a Continuing Series

A case study of biomedical science progress against cystic fibrosis, and the resulting “biomedicine” profiteering.

What Did the Houthis’ Attempted Bombing of Israel Aim to Achieve?

The Houthis are trying to mix things up, at least a little bit, in the conflict in Gaza. To what end?

PPPs Fiscal Hoax Is a Blank Financial Silver Bullet

More on why public private partnerships, aka PPPs, amount to private enrichment at public expense, not just governments but also users.

Credit Suisse Forced Marriage Gins Up $9 Billion in Legal Claims in Addition to RICO/Swiss Law Suit for Longstanding Misconduct and Crimes; Amicus Brief by Better Markets Supports RICO Claim

Is Credit Suisse going to become the Jarndyce and Jarndyce of failed bank litigation?

Links 11/7/2023

The Politics of the Slaughter of Everybody

Paging Santayana. What happened to the Athenians after they acted on their confidence in their ability to slaughter the Melians.

Iran’s Proposed Embargo Could Cause Chaos in Oil Markets

A brief look at the impact of the 1970s oil embargo, and what the effects might be if one were implemented now.

The Impossibility of Negotiated Settlements in the Gaza and Ukraine Conflicts

Although some analysts have given reasons why negotiated solutions to the wars in the Gaza and Ukraine are not in the cards, for the most part, they have also been hesitant to say that in a simple noun-verb sentence. Perhaps they hope against hope that a frame-breaking event will radically shift the current boundary conditions […]