Author Archives: Yves Smith
How Trump’s $2B Court Battle Over Foreign Aid Could Reshape Executive Authority
Why the Trump effort to cut USAID funding without following Congressional requirements is a key front in the battle over Presidential power
Read more...How Scientists Can Adapt to a New Normal
In the wake of attacks on the research enterprise, scientists need to focus on protecting its fragile infrastructure.
Read more...As US Markets Look a Bit Wobbly, the Press Looks for the Next Crisis in the Rear View Mirror
The Wall Street Journal worried about the giddy mood at the annual structured industry conference. But is where to look for the next crisis?
Read more...Trump Presents the Gravest Threat to Social Security in Its 90-Year History
Cuts to the Social Security Administration are cuts to Social Security. Raise hell with your Congresscritters about this looting
Read more...New Analysis from Economists for Ukraine: The Cost of US Aid to Ukraine Is Less Than Half the Official Figures
A granular analysis of US military and direct aid to Ukraine finds the official tallies are greatly overstated.
Read more...“A Generational Loss of Talent” – Scientist Warns Funding Cuts in Science, Tech, and Health Undermine U.S. Leadership
Scientist and entrepreneur Phillip Alvelda explains how DOGE cuts threaten the innovative capacities that made America a powerhouse
Read more...France, Germany, & Poland Are Competing For Leadership Of Post-Conflict Europe
France, Germany and Poland are reacting to how relations between Russia, and the US will determine Europe’s future security architecture.
Read more...‘We Know What It’s Like’: How Appalachian Towns Are Learning to Help Each Other After Floods
A meant-to-be-heartening story of post-flooding recovery efforts in Appalachia: is this the coming new normal in climate-change-exposed areas?
Read more...Where Did U.S. Public Health Go Wrong?
How good coordination of public health with private medical practice never came together in the US and got worse in recent decades.
Read more...“Might the US Be About to Fall Off an Economic Cliff?”
The respected Atlanta Fed NowCast is scary bad, as in economic shoes about to drop in a big way bad.
Read more...“SOTU” Reactions: Business Press Turning on Trump as Tariffs Whack Markets, Look Set to Increase Inflation, Approval Falls and Even Republicans Getting Restive
Despite the Republican applause during Trump’s State of the Union speech, the business press is sounding alarms.
Read more...Capitalism in Decay
A compact assessment of where capitalism is taking us.
Read more...New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data
Inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods.
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