Author Archives: Yves Smith
More Trump Administration Circular Firing Squad with Investor-Spooking ICE Raid on Hyundai-LG Plant
The fallout from the ICE raid on a Georgia Hyundai -LG startup looks to be serious.
Read more...Bond Markets Do Not Rule – Governments Do
A reminder that the bogeyman of bond vigilantes, as in investor/capitalist dominance, is overdone.
Read more...“I’ve Seen States Collapse; Now I See It Happening Here”
A grass-roots persepctive on the collapse of the rule of law in America.
Read more...Debate Over Conflicts of Interest at Top Pediatrics Association: What About Corruption in Medicine Generally? And With RFK Jr.’s MAHA Brand?
American medicine is rife with conflicts of interest and soft corruption. Don’t kid yourself that RFK, Jr. and his allies are any better.
Read more...Links 9/6/2025
Michael Hudson: SCO and BRICS 2025
The SCO meeting looked to be a great success. But what can we expect in folllow through?
Read more...The Power of Siberia 2 Pipeline Deal Signifies the Failure of Trump’s Eurasian Grand Strategy
The consummation of the Russia-China Siberia 2 pipellne pact is yet another US policy backfire
Read more...The British Media Again Ignores the Corbyn Insurgency
As Nigel Farage dominates headlines, Jeremy Corbyn is being overlooked by the media – just as he was in 2017
Read more...Financial Times Study, Finding Blacks Twice as Likely as Whites to Have Mortgage Applications Rejected, Reignites Debate Over Discrimination
A Financial Times study stirs the pot with a new analysis: blacks and other out groups still face considerable discrmination in lending
Read more...Trump Floats Idea of Declaring Housing Emergency: Another Self-Sabotage Operation?
Quelle surprise! The Scott Bessent announcement of a possible Trump housing emergency made it sound like a stunt, not a plan.
Read more...Michael Hudson: Eurasian World Order – New Global Governance
Michael Hudson discusses hot topics, such as the implications of the SCO conference and Xi’s global governance proposal.
Read more...“At CDC, Worries Mount That Agency Has Taken Anti-Science Turn”
How the debate over RFK, Jr. imposing big policy changes at the CDC illustrates the depth of tribalism in American discourse.
Read more...Charter Cities Attempting to Create a Libertarian Paradise
Libertarians are engaging in colonialism 2.0 by setting up self-governing enclaves in poor countries.
Read more...Tariffs and US Dollar Depreciations: Not So Surprising After All
How conventional thinking on how the dollar would respond to Trump tariffs missed a key factor: retaliation.
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