Trump’s Trade Deals Endanger Farmers and Our Food System
Trump is reversing protections of the US food system, subjecting farmers to a race to the bottom in international markets
Read more...Author Archives: Yves Smith
Shanghai’s Liberation Daily Interviewed Michael Hudson: The Trade Conflict Has Brought Irreversible Impacts, Trump Is Compromising Himself
A look at the US’s flagging economic model and how the Trump trade war will affect the US, China, and other counties.
Read more...Japan to Arm Wrestle the US About Tariffs….and What About Restrictions on Chinese Investments and Products?
Japan wanted an early US trade deal. It is discovering that its sort-of special relationship with the US is not getting it any breaks.
Read more...Book Review: A Skeptical Look at Grand Designs for the Future
A harsh look at schemes for a happy future, at least for billionaires, which ignore their problems and excuse tolerating rot today.
Read more...Weight Loss Drugs Like Ozempic Prove the Sickness at the Heart of the NHS
Most users of GLP-1 agonists like Ozempic need to stay on them long-term to keep pound off. So is medicine promoting an addicition?
Read more...Big Law Deals With Trump Are Backfiring on Top Firms
Major law firms in a storng position to fight Trump diktats about backing conservative interests are paying a price for selling out.
Read more...Trump Smoke and Mirrors on Full Display in Claimed “$142 Billion” Saudi Arms Deal
A look at the workings and effectiveness of Trump hype, from the touted India-Pakistan mediation to DOGE to the new Saudi arms agreement.
Read more...Wall Street Journal Reports UnitedHealth Under Criminal Investigation for Medicare Fraud
The Department of Justice is reportedly seeking to indict UnitedHealth for Medicare Advantage fraud. Why has it been so hard to make a case?
Read more...When Illusions of Wealth Shape the Economy: Understanding Pseudo-Wealth, Macroeconomic Volatility, and Social Welfare
Why pseudo-wealth like crypto is detrimental to social welfare, as in the collective good.
Read more...Despite China’s Warning, US Has Opened New Front in Trade War with Investment Restrictions in UK Pact
Trump made a big retreat on his China tariffs. But a second gambit, investment restrictions to isolate China, is already giving China fits.
Read more...Michael Hudson Discusses How Religions Opposed Usury, the Catholic Church “Interest” Rebranding, and More on the Evolution of Financial Rentierism
On the long-standing religious and ethical proscriptions against usury, and how and why the Catholic Church rebranded it as interest.
Read more...Why the Right Fiercely Attacks the US Postal Service: Its Unions
Looking at a big reason why conservatives are so keen to privatize the US Postal Service: to eliminate its unions.
Read more...What The Endgame in Gaza Means For Middle East Security And Oil Prices
Netanyahu plans another aggressive incursion into Gaza, intended as a Final Solution of sorts. Is a retaliatory oil embargo a real risk?
Read more...Links 5/13/2025
Decisive Win for Pensioners, Taxpayers in Kentucky as Judge Wingate Rejects Attorney General’s “Get Out of Jail for Almost Free” Scheme for KKR and Blackstone
The plaintiffs seeking to claw back funds from misbehaving finance titans like KKR and Blackstone continue their winning streak.
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