The High and Getting Higher Cost of Renting in the US
Why renting is even more expensive than ever, even pinching the soi-disant middle class.
Read more...Author Archives: Yves Smith
Norfolk Southern CEO Makes Obligatory Congressional Appearance But Doesn’t Commit to Rail Safety Changes
The Norfolk Southern CEO dialled in his Congressional testimony as more and more damning details about the Ohio crash emerge.
Read more...Links 3/16/2023
Michael Hudson Talks to Ben Norton About SVB and Bank Failures
Michael Hudson gives a wide-ranging talk on SVB and other recent bank collapses, focusing on the considerable role of misguided Fed policies
Read more...The Not-So-Winding Road from Iraq to Ukraine
“Fool me once, shame on thee. Fool me twice, shame on me.” The Global Soutn has wised up in the wake of the war in Iraq.
Read more...SVB and the Only Choice We Have
How the SVB bailout confirms the dedication of the elites to self interest only.
Read more...Escape from Muddle Land
Peter Dorman files a report from radical subjectivity land so you don’t have to go there.
Read more...Links 3/15/2023 Ides of March
How Does SARS-CoV-2 Cause Disease? A Current Report
A new paper recaps what the more solid studies have found about how SARS-CoV-2 does harm.
Read more...Hoisted from Comments: Rosneft Refinery in Schwedt Continues to Be a Microcosm of Europe’s Sanctions-Induced Energy Mess
A case study in sanctions blowback: how the Rosneft refinery, an important provider of diesel and jet fuel, looks like a stranded asset.
Read more...Why China Is Unlikely to Invade Taiwan
Questioning why the US has gone into belligerence over its belief that China will occupy Taiwan.
Read more...The Role of Default Settings in Online Searches: Challenging Google Dominance
A meaningful level of onsumers will opt out of the default setting of Google as their search engine, particularly if prompted early and often
Read more...Satyajit Das: SVB Collapse and Bank Turmoil – Latest Chapter in the Unwinding
Peeling back more layers of the SVB implosion and its broader implications.
Read more...US Officials Make Non-Bailout Bailout of Silicon Valley and Signature Bank and Continue Class Warfare
An over-zealous Fed pushed a few banks, including the big and super connected Silicon Valley Bank, over the edge. A bailout was a given.
Read more...Silicon Valley Bank Fails, With Deposits of Many Venture-Backed Companies Frozen. How Bad Will the Fallout Be?
How severe might the contagion from the Silicon Valley Bank failure be? And who will suffer most: tech land or other banks?
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