Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...Author Archives: Yves Smith
Links 2/23/2022
Some Additional Comments on Russia’s Ukraine Surprise
Attempting to clear up some fuzzy press reporting on the overly dynamic Russia/Urkaine situation.
Read more...Wall Street Journal Mystified By Public’s Sour Mood Despite “Booming” Economy
Americans are not happy despite a not at all bad economy leaving most with higher savings and pay than pre-Covid.
Read more...5 Commodities That Could Explode As The Ukraine Crisis Escalates
A look at the commodities that are most vulnerable to reduced supply from Russia.
Read more...Does Limited US Shale Spending Guarantee Higher Energy Prices?
Reduced shale investment is set to lead to sustained higher prices. That’s good for the planet but hard on budgets.
Read more...“What Would Russian Recognition of Separatist Territories in Ukraine Mean?”
Interestingly, a writer at openDemocracy noticed that last week, the Russian parliament gave Putin the green light to recognize Ukraine’s breakaway areas of Donbass and Luhansk. Despite that development, and the West supposedly having clever Russia experts, I don’t see any evidence that our military-intel apparatus or our Russia watchers gamed out this possibility. Mark […]
Read more...Why Is New York’s Bail Reform So Controversial?
How is bail reform working? A review of New York City’s program and that of some states.
Read more...“Just Scandalous”: CDC Withholding Most of the Covid Data It Gathers. What Is It Trying to Hide?
We predicted the new CDC head, Rochelle Walensky, would do badly. A New York Times story shows how she’s underperforming our low expectations
Read more...Trudeau Invokes Emergencies Act: Power Without Responsibility?
After weeks of inaction against truckers, Trudeau invoked the After weeks of looking impotent, Trudeau invoked the Emergencies Ac to end the truckers’ protests. Was this a winning move?
Read more...Links 2/19/2022
Russian Black Box Defence Against American Booby Trap Offence
Debunking the bizarre claims that the Russian side is unwilling to negotiate.
Read more...California Bill Would Allow Citizens to Enforce Assault Weapon Ban
Turnabout is fair play: A proposed California assualt weapon bill uses the private enforcement scheme of a notorious Texas anti-abortion law
Read more...How Corporations Use Public School Workforce ‘Pipelines’ to Harvest Students’ Data and Train Narrowly Skilled, Exploitable Staff
A new corporate scheme: hijack vocational programs to meet narrow, immediate needs, leaving students with short shelf-life skills.
Read more...New Data: Omicron BA.2 More Contagious and Severe than BA.1, Yet Officials Committed to Relaxing Protections
[Jaws theme song] BA.2 is coming….Maybe it won’t be that terrible, but you might get out of the water.
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