Financial Crises as Drivers of Populism: A New Channel
Financial crises hurt the middle class, reducing their support for the status quo in favor of insurgent, aka populist, candidates.
Read more...Author Archives: Yves Smith
A Fond Farewell to Jerri-Lynn
We will miss Jerri-Lynn and very much appreciate her many fine contributions over the years.
Read more...Seeking Reader Help in Finding New Site Contributor(s) to Fill Jerri-Lynn’s Shoes
Yves is in damsel in distress mode! Can you help Naked Capitalism find a new contributor to take over for Jerri-Lynn?
Read more...Leverage & Interconnectedness Are Blowing Up Crypto & DeFi
What’s different this time: Stuff blows up because of leverage and cascades through the crypto space because everything’s interconnected.
Read more...Rishi Sunak Could Become PM. Here’s What He Doesn’t Want You to Know
From offshore dealings to right-wing think tanks, a guide to Rishi Sunak, the man who could become the UK’s richest PM
Read more...Think Johnson Has Had a Bad Week? He’s Achieved What He Wanted
Johnson’s political project was to destroy what trust was left in UK politics. And he’s succeeded
Read more...Links 7/8/2022
Michael Hudson: From Junk Economics to a False View of History – Where Western Civilization Took a Wrong Turn
Hudson reviews how economics has misrepresented the evolution of money and land ownership and promoted oligarchy.
Read more...CalPERS Cooks the Books While Taking an Unnecessary Loss to Exit $6 Billion of Private Equity Positions
CalPERS has just made an openly value-destroying sale of private equity holdings. So who at CalPERS is benefitting from this gift to buyers?
Read more...Widely Used Hospital Gowns Show Signs of Exposing Workers to Infection
Visibly filmsy “isolation” gowns, OK’d by the CDC for Covid and other infectious disease care, have been found by a new study to be unsafe.
Read more...The G7 Is Still Pushing Its Nutty Russia Oil Price Cap Idea
A new effort to punch Russia in the nose look as likely to backfire as earlier attempts, charitably assuming the scheme gets off the ground.
Read more...FBI Now Joins in China Warmongering in Bizarre Speech in London with MI5 About Taiwan, Intellectual Property Theft
The US is really really out to heat things up with China…
Read more...Fossil Fuel Interests Are Behind Canada’s Blue Hydrogen Push
Fossil fuel producing Canada is promoting the blue hydrogen con.
Read more...NYC Doctors, Doulas, Activists Prep for a Massive Influx of Abortion Seekers
At a grassroots level, New York advocates have long been helping women where abortion is effectively unavailable. Now, they’re doing even more
Read more...The Coming Sanctions-Induced Economic Tsunami?
It does not take much in the way of prognostication skills to anticipate that things can get way way worse on the economic front.
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