Author Archives: Yves Smith

Will North Korea Explode After Biden Becomes President?

North Korea is in even more of an economic mess than before. Will that lead to more brinksmanship?

More Jockeying on Kentucky Pension Case, Mayberry v. KKR

Mayberry v. KKR may finally be getting to the starting line.

The Merits of Fire Sales and Bailouts in Light of the COVID-19 Pandemic

Fire sales are not as detrimental as executives desperate to save their jobs would have you believe. That means bailouts may be overdone.

Another Warning About Comments

We are again having to clear our throat about comments.

Links 1/16/2021

Pelosi Removes Katie Porter… Bringing Joy & Gratitude To Every Crooked Bankster On Wall Street

Pelosi doubles down on Team Dem’s loyalty to Big Finance.

5 Reasons to Wear a Mask Even After You’re Vaccinated

Yes, Virginia, a mask is very much part of your future.

Links 1/15/2021

Brexit: Wheels Coming Off

Brexit pains are becoming more and more evident.

Will the Senate Confirm Coup Plotter Victoria Nuland?

Showing his true uber-hawkish colors, Biden wants to put Victoria Nuland in a position where she can do even more damage.

Near-Term Covid Analyses Point to Risk of Medical System Breakdown, Other Severe Dislocations

The Covid situation is continuing to develop not necessarily to America’s advantage.