Biden Again Indicates that US Will Defend Taiwan ‘Militarily’ – Does This Constitute a Change in Policy?
A look at how the US likes to present its role in the escalating conflict over Taiwan.
Read more...Author Archives: Yves Smith
Reminding Those of You on the Fence as Our 2022 Fundraiser Closes: We Really Like You!
Our 2022 fundraiser is in its final hours! Help support frequent news updates, incisive analysis, biting commentary, snark, and cute animals!
Read more...Private Equity Sees the Billions in Eye Care as Firms Target High-Profit Procedures
Private equity continued to buy up and crapify more medical specialist practices. The latest target is eye care, particularly surgeries.
Read more...New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery
The gutting of USPS is accelerating. A step backwards for what passes as American civilization.
Read more...Procrastinators of the World, Unite! Last Day, Last Chance for Our 2022 Fundraiser!
We’re entering the home stretch for our 2022 fundraiser. Come chip in to make it the best evah!
Read more...Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Read more...KLG: What Naked Capitalism Means to Me
To the barricades, um, Tip Jar! Naked Capitalism deserves your support.
Read more...Truss’s Plan to Hike Defence Funding and Ignore the Climate Is a Disaster
How Liz Truss’ defense budget math does not work…or does really well if the point is to roll social support back to Victorian workhouses.
Read more...Announcing the 2022 Harry Shearer and Friends “Double Your Donation” Challenge!
Harry Shearer and two anonymous donors are making a big reader challenge! Will you take them up on it?
Read more...Thanks! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
Help fund what we most like to do, but find hardest to get to: original reporting.
Read more...Links 9/17/2022
Why It’s Time to Declassify the Documents From Trump’s Basement
It’s time for “Show me the documents” in the fight over records Trump had at Mar a Lago and the Feds took back, alleging serious misconduct
Read more...‘Culture Has Lost the Ability to Grasp the Present’
An extract from Mark Fisher’s ‘Ghosts of My Life’ discusses how culture has hit the pause button.
Read more...Mark Ames: Why Finance Is Too Important to Leave to Larry Summers
Mark Ames’ biting classic is a reminder that Larry Summers, like so many prominent economists, has become too big to fail.
Read more...Using the Payments System to Enforce an Russian Oil Price Cap Likely to Cause Supply Shock
The G7 plans to use its payments system to enforce a Russian oil price cap, because that worked so well in the shock and awe sanctions.
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