Why Give a Damn About Pelosi? How About the Nuclear Strike We Would Have Made on China Over Formosa?
In 1958, the US considered a nuclear strike against China if China’s planned conquest of Formosa went well.
Read more...Author Archives: Yves Smith
Recession Mongers Shocked & Horrified by This Surge in Employment
Perversely, investors want a recession to force the Fed to pivot. But it’s tough to have an official recession with employment growing.
Read more...PredictIt: The Closing of a Prediction Market
PredictIt is likely to shutter. A look at how contract holders may win or lose, as well as the loss of a window into voter sentiment.
Read more...Endgame Taiwan? US Plans Further China Eyepoking with Planned Military Transit of the Taiwan Strait
China and the US are making threat displays over Taiwan. Lovely.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber’s Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders
Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable.
Read more...Inside the Democrats’ Climate Deal with the Devil
The new climate package furthers the US’ most profligate pastimes: drilling oil and driving big cars.
Read more...The Dying American Southwest
Will people abandon the American Southwest or fight like hell to keep it?
Read more...German Chancellor: Germany Could Keep Nuclear Power Plants Operating After All
A sign of German energy tsuris: Chancellor Scholz suggests reviving nuclear power, in opposition to earlier recommendations by key ministries.
Read more...The Story Behind ‘Star Trek’ Actress Nichelle Nichols’ Iconic Interracial Kiss
A mental health break in the way of retrospective on Nichelle Nichols, particularly for readers who saw Star Trek in its original run.
Read more...Links 8/3/2022
Serotonin and the Unsubstantiated Chemical Imbalance Theory of Mental Disorders
A foundational theory on the role of serotonin is a mere unsupported intuition, but mass drug peddling is nevertheless based on it.
Read more...Think the Financial Crisis Is Over? Mortgage Servicers Still Abusing Borrowers For 10+ Years, Thanks to Lax Fannie/Freddie Oversight
Mortgage servicers are torturing borrowers who have been unable to pay for over a decade. All they are doing now is ripping off governments.
Read more...Why It’s Essential for Congress to Reauthorize Trade Adjustment Assistance
Workers attest that the Trade Adjustment Assistance has helped them move into new careers when employers offshore jobs. Will it be cut?
Read more...Truss and Sunak’s Reheated Thatcherism Is the Last Thing the UK Needs
Truss and Sunak treat the Iron Lady as their muse, while Labour touts another flavor of neoliberalism, that of Tony Blair.
Read more...Brian Berletic of New Atlas, Alexander Mercouris of The Duran, and Yves Speak at 9 AM Eastern with Gonzalo Lira Hosting on China and Other Hot Topics
Yves here. We hope you’ll be able to watch this morning’s talk with Brian Berletic and Alexander Mercouris, moderated by Gonzalo Lira, either live or later on YouTube. We’ll definitely be talking about China and other topics if time permits. Note that the countdown is confusing. This You Tube feature rounds down, so four hours […]
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