The Financial Times’ Martin Wolf Worries About Europe’s Future but Oddly Not the US’
Martin Wolf’s musings about what lies in store for Europe has a huge blind spot as far as the US is concerned.
Read more...Author Archives: Yves Smith
How Does JK Galbraith’s The New Industrial State Hold Up After 6 Decades?
How John Galbraith correctly called many developments that have had great political and economic significance, like the decline of unions
Read more...Crypto Bank Silvergate to Shut Down and Liquidate, After FDIC Examiners Show Up. Shares Collapse Entirely
Silvergate: In 16 months from $239 at peak crypto consensual hallucination to $2.76, including the 44% plunge afterhours.
Read more...Workers’ Responses to the Threat of Automation
How effectively do workers perserve their position relative to automation?
Read more...Links 3/8/2023
“How Stupid Do They Think We Are?” Nord Stream Pipelines Bombing Edition
Shameless Nord Stream spin.
Read more...Biden Administration Urged to Take More Aggressive Steps to Relieve Medical Debt
The Biden Administration has yet to take comparatively easy steps to reduce medical debt abuses.
Read more...Equality and Equity
How a word like “equality” has become a bit of a minefield.
Read more...Wall Street Journal: “US Is Not Yet Ready for Great Power Conflict” Yet Still Plots Against China
The US seems obsessed with China, yet effectively admits it is behind and unlikely to catch up. And it too quickly dismisses Russia.
Read more...Why Student Debt Cancellation Is Reasonable, Not Radical
Discuss: “The right has narrowed the parameters of discussion on student debt forgiveness. Biden is not fighting back aggressively enough.”
Read more...America’s Chips War With China: Another Sanctions Backfire Coming?
Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.
Read more...What If the World Cannot Save the World from Climate Change?
How climate change reveals a crisis of international governance.
Read more...Links 3/4/2023
Secret Power and the Persecution of Julian Assange
Stefania Maurizi’s “Secret Power: Wikileaks and its Enemies” chronicles Wikileaks’ publications and the dehumanization of Julian Assange.
Read more...Rail Workers Warn Safety Bill Loopholes Are Big Enough to ‘Run a Freight Train Through’
Post East Palentine rail safety reform proposals are embarrassingly unserious.
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