Author Archives: Yves Smith
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 […]
Read more...How Public Real Estate Investment Trusts Extract Wealth from Nursing Homes and Hospitals
REITs are considered “passive” investors but play a very active role in reshaping whole industries, like hospitals
Read more...Now It’s Official: Financial Times Profiles Venture Capital Crash
A venture capital washout is underway. Pass the popcorn.
Read more...Yanis Varoufakis: Inflation as a Political Power Play Gone Wrong
Looking at inflation through a class warfare lens.
Read more...Izabella Kaminska and Yves Will Discuss the Economy and More with Gonzalo Lira Today
Izabella Kaminska and Yves will mix things up with Gonzalo Lira on his latest roundtable.
Read more...Hospices Have Become Big Business for Private Equity Firms, Raising Concerns About End-of-Life Care
Expect hospice care to go the way of privately-owned nursing homes, now that private equity is geting its claws into the industry.
Read more...Book Review: A Global History of the Black Death
In “The World the Plague Made,” James Belich argues that the Black Death had a profound impact beyond Europe.
Read more...The Future of Global Catastrophic Risk Events from Climate Change
U.N.: Climate change is causing extreme events that can kill > 10 million or lead to > $10 trillion in damages, threatening societal collapse
Read more...Links 7/29/2022
Michael Hudson: American Diplomacy as a Tragic Drama
American policies have become astonishingly obvious about not simply putting the US first, but also exploiting supposed partners to do so.
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