Why Biden Is in Trouble About the Economy
Why skeptics are correct to doubt the Biden Administration claims touting how well the economy had done under its stewardship.
Read more...Author Archives: Yves Smith
Michael Hudson and Ben Norton: Why Does the US Support Israel?
Michael Hudson and Ben Norton take a broad look at how the US got deeply in bed with Israel, from economic to military to historical issues
Read more...US Health Care Strip-Mined for Profit: Primary Care Physicians Becoming Scarce, Poorly Trained Nurse Practitioners Run Wild
The slow motion collapse of US health care is accelerating due to an acute and worsening primary care physician shortage.
Read more...Links 11/11/2023
Who Will Care for Older Adults? We’ve Plenty of Know-How but Too Few Specialists
The ranks of doctors who specialize in care of the elderly is shrinking. Why?
Read more...Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?
Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Read more...After Years of Tanking Climate Action and Anti-Poverty Measures, Manchin Announces Exit From Senate
“During his time in office, Manchin served the fossil fuel industry and lined his pockets with the payoff,” said one critic.
Read more...Rob Urie: Biden Visits Hitler’s Bunker, Sends for a Decorator: Israel and Ukraine Edition
The US is losing power and geopolitical legitimacy by its mishandling, or one might say misguided handling, its clients Israel and Ukraine.
Read more...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
Read more...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.
Read more...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.
Read more...UN Special Rapporteur Calls Out Walmart, Amazon, DoorDash as Creating Poverty by Not Paying Living Wages
Major companies like Walmart create poverty via obscenely low pay, most recently confirmed via a UN special rapporteur.
Read more...Biomedical Science versus Biomedicine, a Continuing Series
A case study of biomedical science progress against cystic fibrosis, and the resulting “biomedicine” profiteering.
Read more...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?
Read more...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.
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