Author Archives: Yves Smith

Notice re Short-Term Change in Coverage

Yves needs to cut back on her coverage for a few weeks, but Lambert, Conor, Nick and KLG are already revving their engines!

Davos Elite Won’t Tackle Climate Crisis and Global Inequalities

Quelle surprise! Change on crucial issues of climate and inequality is unlikely to emerge from the World Economic Forum.

Google’s Stock Climbed After It Fired 12,000 Employees—But What Did They Get Out of It?

Tech companeis laying off tens of thousands of employees, underscoring their fixation on short-term performance metrics.

Monopsony in Professional Labor Markets: Hospital System Concentration and Nurse Wage Growth

elle surprise! “Growing consolidation in localized hospital markets appears to restrict nurse wage growth.”

Will Russia Opt to Continue the War into 2024?

It isn’t just that time is generally on Russia’s side. Russia likely needs to grind on and on to achieve its ultimate aim, security.

The Black Death May Not Have Been Spread by Rats After All

A supposedly settled fact, that rats played a huge role in the European bubonic plague outbreak called the Black Death, may be all wrong.

Spoils Of The Sanctions War – NATO Lion Meets Russian Tit For Tat

Western officials have talked up their Russian asset seizures. But Russia has reciporcated. It’s not clear which oligarchs are the winners.

Twitter and Google Behaving Badly

Examples of Google becoming more obvious about manipulating search results.

Collapse Revisited: Climate Change and the Development of Middle-Income Countries

Middle income countries are unwilling to put groaf on hold to blunt climate change…and they do have a point given the lack of serious plans

Oil Prices Rally As Confidence In A Global Economic Rebound Grows

Oil prices have perked up and oil price moves can lead market rallies. Is this a false positive or an early sign?

Links 1/18/2023

Paging Dr. Freud: Schizophrenic Reports on Mood of Davos Man

Unfortunately, it’s prudent to be mindful of what our Davos overlords are plotting. But they seem mighty unsettled.