Author Archives: Yves Smith

Michael Hudson: Germany’s Position in America’s New World Order

Why is Germany in thrall to the US, to Germany’s great detriment? A historical analogy provides some insight.

Links 11/2/2022

After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?

Lula wins by a whisker, but the Bolsonao Christian Right remains a powerful threat.

Stop Worshiping Central Banks

Preoccupied with ‘credibility’ and reputations, central banks are again driving the world into recession, financial turmoil and debt crises.

Links 11/1/2022

“Nikkei-Owned Financial Times Begins to Crack on Sanctions”

Some serious whinging from Japan about the supposedly new and improved oil and gas sanctions on Russia.

The U.S. Diesel Shortage Is Worsening

That diesel shortage we warned you about is arriving. So what is likely to happen?

Electro-Shock Therapy for Slow Learners in the Ukraine Electric War (Part III)

Russia launches another high-intensity attack on Ukraine’s electric grid, and John Helmer continues his analysis of Russia’s strategy.

Links 10/29/2022

Stab in the Back – Not One Inch but Right to the Heart

John Helmer picks apart the not-well-understood story of who betrayed whom when Gorbachev agreed to the lousy US “not one inch” promise.

Advertise on a Competitor’s Social Media Platform? Um, that Would Be a Hoot… GM “Paused” Ads on Musk’s Twitter

GM wants to have a look-see about how Twitter might use GM ad data to benefit Tesla. Will Chinese walls be enough?

The Grain Giants Have Made a Bonanza from Hunger. Time to Take Them Apart

The global food system, heavily influenced by the big grain companies, needs an overhaul to allow diverse crops, producers and supply routes

A Disordered World – Part 3: Pathways

Satyajit Das’ final post on where the world order is headed.