Author Archives: Yves Smith

Overheating Conditions Indicate High Probability of a US Recession

Larry Summers tells us a recession is coming….sometime….because the US is having too good a time job-wise.

Links 4/13/2022

Healthcare Expert Greg Travis Speaks About the Official Disappearing of COVID-19 Pandemic

Healthcare and technology expert Greg Travis gives a detailed account of how the officialdom has lied about Covid in the interest of profit.

Yanis Varoufakis: Cloudalists: Our New Cloud-Based Ruling Class

Capitalism is on the wane. Cloudalists, owners of a new form of “command capital,” have gained exorbitant power over everyone else.

Thawing Permafrost Is Roiling the Arctic Landscape, Driven by a Hidden World of Changes Beneath the Surface as the Climate Warms

Not only is permafrost releasing methane, but when it melts, it removes a key support, leading to collapsing soil and loss of lake drainage.

Links 4/12/2022

America Keeps Eyepoking India and China for Failing to Fall into Line on Russia; Arrogance Looking More and More Like Impotence

America’s failed attempts to get India and China in its corner against Russia is looking less like diplomacy and more like a clown car.

Refurbished Walkers and Wheelchairs Fill Gaps Created by Supply Chain Problems

Yet more signs of commodity shortfalls: scarce walkers and other assistative devices, due to a shortage of aluminum

Speculating About the Botched Shanghai Lockdown

The Chinese have not given up on zero Covid, despite the continuing outbreak in Shanghai.

Links 4/9/2022

Drop in Life Expectancy ‘Speaks Volumes’ About How US Handled Covid: Expert

‘The US expects to be taken seriously in the world when our one million Covid death and falling health indicators say otherwise.

China’s Overseas Lending and the War in Ukraine

Why lending to emerging economies may be collateral damage of the war in Ukraine.