Buyers’ Strike? Mortgage Applications Drop 8% Below 2019, as Home Buyers Get Second Thoughts about “Raging Mania”
Falling mortgage applications and rising home inventories signal a coming housing market pullback.
Read more...Author Archives: Yves Smith
Far More Adults Don’t Want Children Than Previously Thought
Probling why more people arent interested in having children.
Read more...A Quick Comment on China Stomping on Chinese Stock Listings in the US
Another big and costly dustup over Chinese listings in the US. But now Chinese officials signal they want broad-scale change.
Read more...Aducanumab Approval, Part 2: Dirty Drug Dealings
Yves here. We’re doing a bit of catchup by featuring some significant stories that were still crowded out a bit due to the competing news plus the Fourth of July tuneout. One is on the super dodgy approval of the big ticket, very dubious effectiveness Alzheimer’s drug Aducanumab. And “big ticket” is no understatement; the […]
Read more...An Independence Day Reflection: How the Rich Plan to Rule a Burning World
How do the rich intend to carry on as general conditions deteriorate?
Read more...Yanis Varoufakis: Techno-Feudalism Is Taking Over
Varoufakis describes techno-feudalism and speculates on where it is going.
Read more...Why Does Israel Confuse Peace with Surrender?
Offensive military strategies and deliberate use of disproportionate violence against civilians are a core part of Israel policies
Read more...The UK Is Running a Dangerous Covid Experiment That Represents a Threat to the Rest of the World
The Covid infection rates in the UK, despite higher vaccination rates than America, are a danger in and of itself and a warning to the US.
Read more...U.S. Government’s Witness Against Assange Admits He Lied
An informant publicly recanting critically important testimony against Julian Assange seems unlikely to change the trajectory of his trial.
Read more...How Policies Affect Beliefs and Preferences: The Example of Covid-19 Vaccination Willingness
Covid and other major political challenges show that devising policies isn’t the hard part: it’s getting the public to go along.
Read more...Musical Interlude (“On the Path of Decent Groove”): B Side Favorites
Some great songs lurk in what is normally the B side netherworld. Your picks?
Read more...Biden Administration Issues Interim Rule Barring Surprise Billing
The health care grift knows as surprise billing is about to be largely stamped out.
Read more...‘Megadrought’ Along Border Strains US-Mexico Water Relations
Conflicts over water are escalating. The US and Mexico are trying to mediate their claims over the Colorado River, but will that work?
Read more...On The Centennial Of The Chinese Communist Party
Taking stock of the Chinese Communist Party at age 100.
Read more...Amazon Arrogance Backfires, Tries to Smear Incoming FTC Chair Lina Khan as Needing to Recuse Herself Because She Knows Them Too Well
Amazon looks to be having a meltdown over new FTC chief Lina Khan. Good.
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