America Shoots Its Own Dollar Empire in Economic Attack on Russia
The US is gambling with its superpower status by putting its dollar hegemony in play to hurt the Russian economy.
Read more...Author Archives: Yves Smith
Where Did You Go, Vice President Joe? Biden Retreats from Bashing Looting, Um, Buybacks
Yet another Biden hypocrisy: refusing to curb stock buybacks when he flagged it as an abuse when he was Vice President.
Read more...Links 3/5/2022
Russia’s Economic War Front, The New Tributary System & The Russian Kowtow
A look at economic sanction options for Russia.
Read more...Why Don’t We Treat All Refugees as Though They Were Ukrainian?
Who’d have thunk it? Advanced economies are mighty bigoted about which refugees go to the head of the line.
Read more...Book Excerpt: The Lockdown Diaries of Wuhan
An on-the-ground report from the early days of the Wuhan lockdown.
Read more...Reader Apologies re Highlighting Out of Date Scott Ritter Video; Wall Street Buys Russian Bonds, MbS Snubs US Investments, Biden Tries to Arm-Twist India, and Putin Can Still Blow the Peace
Some updates on Ukraine, including having gotten caught in the fog of misinformation.
Read more...Biden Pledges Better Nursing Home Care, but He Likely Won’t Fast-Track It
A Biden plan to improve nursing home care looks like too little, too late.
Read more...Rationales and Social Cover
A discussion of a common social strategy for dissenting with orthodox opinion.
Read more...Ukraine War Highlights Tensions in Putin’s Objectives. Will He Win the War and Lose the Peace?
The war in Ukraine is entering its most difficult phase for Russia, due to being forced to resolve somewhat conflicting objectives.
Read more...How One Cooperative Is Trying to Develop an Alternative Economy in Oakland
Despite having some inherent competitve advantages, cooperative ventures can find it hard to launch. An Oakland program provides some liftoff.
Read more...Pfizer February 2021 “Post Marketing” Vaccine Side Effects Tally Raises Alarms
A troubling Pfizer document has managed to go under the radar.
Read more...Inflation Targeting Voodoo
Why central bank fixation with inflation targeting is dodgy to detrimental.
Read more...Links 3/2/2022
‘Major Step Forward’: AIG to Stop Insuring Coal, Tar Sands, and Arctic Drilling
The campaign to get AIG to stop guaranteeing many fossil fuel development projecs has opened a new front in climate activism.
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