Satyajit Das: A Fist Full of Dollars
Two recent books seem unduly complacent about the status of the dollar as reserve currency.
Read more...Author Archives: Yves Smith
“Is All Economic Growth Good?”
It can’t be said too often: what most economists call growth is too often what we here call groaf.
Read more...The Projected Death Count from Trump’s One Big Beautiful Bill
Researchers projects that “big beautiful bill” cuts to public health insurance coverage may lead to upwards of 51,000 deaths a year.
Read more...“You’ve Lost That Lovin’ Feeling”: Why Are Young Men Giving Up on Sex?
Many, and perhapse even most, young American men have soured on sex. What could be responsible?
Read more...Do AI Models Think?
A new paper confirms early doubts that LLMs could ever meet AI boosters’ claims that they were intelligent.
Read more...“Is the US on the Path to Becoming a Failed State?”
Yes, the US is in the midst of multifaceted institutional collapse. But to see Trump as the cause as opposed to an accelerant is misguided.
Read more...Links 6/10/2025
The 2025 Trade War: Dynamic Impacts Across US States and the Global Economy
Estimating the costs of the Trump trade war to Americans and foreign players.
Read more...“Trump Administration Closes In on Hard-Hitting Sanctions on Russia”
Russia sanctions enthusiasts try to talk over how Ukraine undercut Trump support with Ukraine’s attack on Russian nuclear deterrence assets
Read more...China’s Rare Earths Weapon Could Kill Europe’s Auto Industry
More on US and European car-makers’ vulnerability to China’s new rare earths licensing regime.
Read more...Trump Administration Violating Yet More Individual Rights in Escalation Over ICE Raid Protests in Los Angeles
Over-the-top ICE enforcement is the gift that keeps giving to Trump Administration plans to eviscerate freedoms like the right to protest.
Read more...Links 6/7/2025
Michael Hudson: Trump’s Contradiction-Riddled Strategy to Preserve US Hegemony
Trump does have a plan to shore up America”s flagging power, even if, when you put the pieces together, it does not make much sense.
Read more...How Tourism Pushed Barcelona to Breaking Point, and How Social Movements Are Fighting Back
Barcelona features locals turning activists to curb tourism levels that hurt everyday life, particulalry for lower income. residents
Read more...Announcing New Coffee Break Writers!
Please welcome Nat Wilcox Turner and Curro Jimenez, who will be giving Monday, Wednesday, and Thursday Coffee Break features.
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