Author Archives: Yves Smith

Links 10/22/2022

Debunking Net Zero, Carbon Offsets, Nature-Based Solutions, Climate Smart Agriculture, Bioeconomy…

Researcher Devlin Kuyek identifies greenwashing terms that confuse people and block real solutions to climate change.

It No Longer Makes Sense for the Bank of England to be Independent

The Bank of England engaged in a mini-coup. But no one seemed to mind because Truss. Will it be reined in?

Türkiye Resisting US Pressure Against Increasing Economic Ties to Russia

Türkiye is resisting US pressure on the most important anti-Russian measures. Will the US be smart enough to find and meet Türkiye’s price?

In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse

Truss’ legacy will be one of a tanking pound, soaring inflation, and a seemingly inevitably recession.

U.S. Companies Now Charge Ex-Employees for Their Training

Training clawbacks as yet another wage theft scam.

Campaigners to Biden: ‘Tell Congress to Pass a Big Oil Windfall Profits Tax’

“Price gouging from Big Oil is unacceptable and that’s exactly why we need a Big Oil Windfall Profits Tax.”

Ukraine War: Russia Preparing for More Terrorism?

Russia is taking a series of impotant new measures. Taken together, they suggest an effort to lower exposure to terrorism.

Wheels Come Off for Tories. Update: Truss Resigns

The Tories, who not long ago seemed poised to permanently cripple Labour, are now in a remarkable crisis with no ready exit.

How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity

Antitrust expert Hal Singer shows how big businesses in certain industries are jacking up prices far beyond their cost increases.

Links 10/19/2022

What Next in the Electric War for Ukraine – How Marshal Kutuzov’s Golden Bridge for Napoleon’s Retreat Is Working Today

John Helmer’s update on the logic and progress of Russia’s attacks on the Ukraine electric grid.

Diesel Crisis Deepens As Inventories Fall To Dangerous Levels

Diesel fuel is in scarcer supply than ever. Shortages coming?

The Sveriges Riksbank Counterfeit Nobel Award Goes to Bernanke et al. for the Wrong Model

Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort

Vietnam Army General Giap on How To Win, British Armchair General Freedman on How To Lose

Sir Lawrence Freedman declares victory for Ukraine is inevitable because Putin.