The New York Times Thinks Worker Suffering Is a Fair Price for Lower Inflation
Per the Times, inflation must be tackled, and the only way to do so is through lowering incomes and potentially jacking up unemployment.
Read more...Author Archives: Yves Smith
Rob Urie: Mr. Prigozhin Goes to Washington
Rob Urie uses some widely-ignored aspects of the Prigozhin mutiny as a point of entry to explore the US relationship to Russia.
Read more...Central Banks, Green Finance, and the Climate Crisis
The tough policy choices ahead for confronting the climate crisis.
Read more...Energy Destinies – Part 3: Energy Storage – Inconvenient Complications
Satyajit Das continues his in-depth analysis on whether the green energy revolution can deliver on its promises, focusing today on batteries.
Read more...Is Ireland Getting Ready to Unite?
Is the big challenge to the UK Ireland unification rather than Scottish independence?
Read more...Oil Prices, Oil Profits, Speculation, and Inflation
n the not inconsiderable role of speculation in the crude oil market in the increase in the WTI crude oil price.
Read more...“Will the Doctor See You?” More on the Crapification of US Medical Care
Medical care is being systematicaly degraded in the US. And we have AI coming to cut more humans out.
Read more...‘Really Big’: US Supreme Court Ruling Against Norfolk Southern Seen as Rebuke to Corporate Impunity
The Supreme Court nixed a Constitutional challenge to a Pennsylvania registration law that subjects compnaies to its jurisdiction.
Read more...Links 6/28/2023
America Has Just Destroyed a Great Empire
America is making a mess in trying to preserve its hegemony.
Read more...Turkey Continues To Challenge Sweden’s NATO Membership
Turkiye is still playing hardball with NATO and Sweden.
Read more...Most EU Hydrogen Projects Risk Prolonging Use of Fossil Fuels
Supposed green hydrogen projects are more often than not are Trojan horses for fossil fuel use.
Read more...‘We’re Not Doing That’: Why a Black Couple Wouldn’t Crowdfund to Pay Off Medical Debts
Why black patients burdened by medical debt are reluctant to solicit for funds.
Read more...IMF Confirms that Profits Are Driving Inflation
It’s now undeniable that corporate profits are playing a big role in our current inflation.
Read more...CalPERS Refuses to Spend $1 Million, or $1.30 Each, to Prevent Sale of Personal Data of 770,000 Beneficiaries on Dark Web
How CalPERS is inexcusably throwing nearly 800,000 beneficiaies under the bus in a massive data heist.
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