Author Archives: Yves Smith

As Water Levels Drop, the Risk of Arsenic Poisoning Rises

Dangerous levels of arsenic in well water is another symptom of falling water tables and depleted aquifers.

Links 5/24/2023

Cleaning Up After the North Sea Oil Industry Will Cost Billions – But Nobody Wants to Pay

The North Sea joins a long list of extraction industry unpunished negligence.

City’s Newest Migrants Head Underground Looking to Survive

Migrants are finding it harder to get by in already difficult roles like illegal street vendor work in the subways.

Links 5/23/2023

The Debt Ceiling End-Game

So what can the Administration do, instead of blink, in the debt ceiling staredown?

Coalition Calls on IPCC to Reject Meat Industry Meddling in UN Climate Process

“We encourage the IPCC to… ensure that Big Agriculture and the global meat industry have no influence over future reports.”

US Geopolitics: Believing Impossible Things

On the global stage, US can only barely keep up the pretense that it is not losing its mind.

U.S. Shale Production Is Set For A Rapid Decline

Much tighter shale markets look baked in by year end. That would produce a lot of knock-on effects.

Links 5/20/2023

Are US Prescription Drug Prices 10 Times Those of Other Nations? Only Sometimes

Misleading fact checking as a way to denigrate figures who regularly challenge the mainstream, here Bernie Sanders.

Could a Far-Right vs Centre-Left Showdown Be the Future of British Politics?

Amid global pressures, a centrist Labour government could face a far-right opposition, with no true reformists in sight

Senators Ramp Up 14th Amendment Pressure on Biden to Counter GOP Debt Ceiling Brinksmanship

Although the GOP created the debt ceiling, Democrats are culpable for neither challenging its Constitutionality nor using the platinum coin.

‘Adversarial Actors, Home and Abroad’

Which non-foreign adversarial types do elites have in mind when they promote domestic censorship and news blockades?