Author Archives: Yves Smith
What You Need To Know about Solomon Islands
The Solomon Islands story of great power competition in the South Pacific is part of a much older one of colonial conceit and neglect.
Read more...Disney Hasn’t Found Itself in This Much Trouble Since 1941
Disney is getting a long-overdue comeuppance.
Read more...Treasury Implements Bottom of the Barrel New Russia Sanctions on Sunday May 8; How Broad a Nexus for Russia Retaliatory Sanctions Later This Week?
More sanctions sparring, with the latest US move looking petty and lame.
Read more...Experts Warn GOP War on Abortion Will Turn Red and Blue States Into ‘Mutually Hostile Legal Territories’
How a reversal of Roe v. Wade plus the plans of some states to criminalize abortions as broadly as possible could produce a legal train wreck.
Read more...Links 5/7/2022
Why Canceling Student Debt Is a Matter of Racial Justice
Student debt disproportionately impacts black and brown Americans. It’s time for Biden to this collective financial burden.
Read more...Did UN Secretary-General Guterres Commit A War Crime At Azovstal?
A key scene from the protracted Azovstal steel factory drama.
Read more...CalPERS Long-Term Care Program Fiasco
Another presentation by unhappy retirees about the CalPERS long-term care train wreck.
Read more...Site Transfer Starting Saturday May 7 at Noon EDT; Comments Warning
We are moving the site to a new host! Wish us luck.
Read more...Texas GOP Governor Considers Challenging 1982 Ruling Requiring Free Public Education
As the reaction of Texas governor Abbot confirms, the expected reversal of Roe v. Wade is inviting other challenges to key precedents.
Read more...James Galbraith: The Dollar System in a Multi-Polar World
On the rise and decline of the dollar system.
Read more...Biden Makes America’s Militarized Southern Border Wall Even Bigger Business
How the Biden Administration is investing heavily in border militariization, with more of a tech flavor than than the Trump scheme.
Read more...What Really Drives Long-Term Interest Rates?
Contrary to the loanable funds theory, historical bond yields show Keynes was right that “convictions” anchor long-term interest rates
Read more...JJ Jelincic Appeals His Largely-Successful Ruling Against CalPERS to Obtain Still-Hidden Parts of Transcript and Undermine Matt Jacobs Protection Racket
JJ Jelincic and his attorney believe the court made serious errors in a CalPERS Public Records Act case that went largely in their favor.
Read more...