Author Archives: Yves Smith

Links 11/23/2022

Is Science Really Self-Correcting? Yes, But the Mechanism Varies

cience, or here, scientific journals do have their problematic papers caught out. But oddly they are not delisted or deplatformed.

COP27’s Loss and Damage Deal Isn’t a Win. It Committed Us To Devastation

COP27 made no clear commitment to decarbonisation and stopping climate-change-induced loss and damage

Polish President Andrzej Duda Doesn’t Want War With Russia, But He Doesn’t Want To Tell Polish Voters

President Duda was pranked! Hilarity and uncomfortable revelations follow.

Link 11/22/2022

A Quick Note About Additional FTX Sleaze

Some shady FTX behavior that hopefully won’t be lost in the shuffle of new revelations.

University of California Comes to a Standstill as Academic Workers Strike

Workers at 10 UC campuses struck after the university system failed to offer compensation commensurate to the cost of living in California.

Is the Collective West Going Soon to Be Hoist on the Zelensky Petard?

ving elevated Zelensky to be the face of Ukraine’s war effort is becomig a problem for the West.

The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story

A wide-ranging discussion of why defenses of crypto don’t stand up to scrutiny.

The Stavka Memorandum: Russia Means Military Power Plus Diselectrification of the Ukraine (“Stormy and Prolonged Applause”)

John Helmer describes how Russia is identifying electricity grid targets, as well as current ideas for creating a demilitarized zone.

Links 11/19/2022

With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’

One activist on the COP’s underwhelming performance: “Once again we are seeing rich countries trying to evade their responsibility.”

Tom Ferguson: Worker’s Wages & Leverage are the Real Targets

Why did Corporate Democrats “cede” the economic argument? Are they really fighting inflation or trying to weaken workers’ bargaining power?

You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

Nomi Prins warns that central banks’ strategies are destroying the real economy, worsening inequality, and creating societal chaos.

FTX: New Ex-Enron CEO Finds “Complete Absence of Trustworthy Financial Information,” $3.3 Billion Loans to SBF, Customer Deposits Not Recorded on Balance Sheets; Confirms Software Backdoors, Auto-Deleted Communications

FTX is an even bigger mess than someone with a creative streak might have imagined.