Author Archives: Yves Smith

Links 2/25/2023

5 Reasons Why Much of the Global South Isn’t Automatically Supporting the West in Ukraine

The so-called Collective West and the rest of the world have a yawning gap in how they view the war in Ukraine.

Jim Chanos: The Golden Age of Fraud in Finance

Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.

Roundtable with Gonzalo Lira

Your humble blogger goes solo with Gonzalo Lira.

In Rural America, Right-to-Repair Laws Are the Leading Edge of a Pushback Against Growing Corporate Power

After years of efforts to advance right-to-repair rules, farmers are starting to get traction.

Links 2/23/2023

New Notes on Global Warming

Global warming is accelerating faster than what our best minds are planning for, if indeed they’re planning at all.

The Government Makes a Profit on Defaulted Student Loans

The Federal government’s unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.

The Irish Question

Brexit fudged the question of the Irish border. The Tory “Ultras” that pushed for a hard Brexit are still loaded for bear on this matter.

Links 2/22/2023

Who’s Winning and Losing the Economic War Over Ukraine?

A stocktaking on the impact of the economic sanctions against Russia.

Incumbents Have the Upper Hand in Elections – Coordination Failures Give Them a Further Advantage

Incumbents do better than they ought to due to the opposition failing to unify sufficienlty against their main target.