Artificial Intelligence and Financial Stability
On the high odds of winding up with the Peter Principle of AI implementation in financial institutions, and what to do to prevent that.
Read more...Author Archives: Yves Smith
Hottest January in the History of Januaries
A fresh sighting on the relentless march of climate change, with the January just past the warmest on record.
Read more...The Mass Deportation Handoff, Biden to Trump
Despite Trump’s enthusiasm for rough treatment of illegal immigrants, growth of the deportation industrial complex has been a two-party affair
Read more...Life After Lambert Update: KLG to Provide Weekly Health/Pandemic “Coffee Break”; Still Seeking Help in Finding New Site Contributor(s), Including for Other “Coffee Breaks”
Announcing KLG’s upcoming Coffee Break feature, and seeking reader help for more Coffee Break and other site content candidates.
Read more...Michael Hudson: Trump’s Tariffs Could Cause Huge Global Crisis
Michael Hudson and Ben Norton take a deep dive into Trump’s contradictory and potentially disastrous economic plans, starting with tariffs.
Read more...Trump Commits to Ethnic Cleansing in Gaza
Trump and Netanyahu have gone all in on ethnic cleansing in Gaza.
Read more...Rob Urie: To End Oligarchy, End Finance Capitalism
One prescription for rolling back oligarchy.
Read more...Links 2/4/2025
>New Filing Details How Crooked Attorney Ann Oldfather and Kentucky Attorney General Russell Coleman Conspired to Sell Out Underwater Pension Funds and Taxpayers to the Tune of Hundreds of Millions, Even >$1 Billion, in Lost Recoveries
As more legal filings and reviews show, Ann Oldfather and Attorney General Russell Cameron are shafting Kentucky taxpayers for their benefit
Read more...AI’s Impending Information Crisis
AI coverage whistles past the graveyard of its lack of enough content to generate good output, assuring garbage in, garbage out.
Read more...Trump Declares Economic War on Just About Everyone That Matters. Is a Smash-Up a Feature and Not a Bug? Update: Mexico One Month Pause. Who Blinked?
Trump is opening up a multi-front economic war by imposing tariffs on America’s biggest trade partners, with the EU next in line. What gives?
Read more...Meditation and Mindfulness at Work Are Welcome, but Do They Help Avoid Accountability for Toxic Culture?
An update on corporate efforts to deploy seemingly beneficial practices like meditation for their benefit.
Read more...Links 2/1/2025
Migrant Vendors Park Carts as Their American Dreams Slip Away
Enforcement was already rising. Under Trump, street vendors have gone into hiding to avoid criminal tickets that could make them ICE targets.
Read more...Book Bans
A look at a historical example of a concerted book ban to assess its effectiveness and long-term impact.
Read more...