The Conflict Within OPEC Is Far From Over
Another byproduct of inflation generally and rising gas prices in particular is more eyes on OPEC.
Read more...Author Archives: Yves Smith
Consumer Inflation Rises…Will It Draw the Fed’s Attention?
Inflation is hitting a few important sectors very hard. The Fed isn’t set up to contend with this problem, but will it try anyhow?
Read more...A Curious Union: Covid, Clorox, Cleveland Clinic, and the CDC Foundation
Cleveland Clinic’s and the CDC Foundation’s unsound Clorox sponsorship confirms that the US has the best medical system that money can buy.
Read more...When Counterculture Goes Mainstream: A Dispatch from the 2021 Bitcoin Conference
How Bitcoin hard-core loyalists see the future of their project.
Read more...Bureau of Labor Statistics (Non) Reporting Tallies 8 Strikes in 2020 Versus Payday Report’s >1200
Tiny Payday Report does the Bureau of Labor Statistics to shame in tracking strikes in 2020. What gives?
Read more...Industry Calls the Climate Shots in the Biden Administration
And you believed Biden on climate change?
Read more...Mindfulness Meditation Can Make Some Americans More Selfish and Less Generous
Why mindfulness practices don’t move seamlessly across cultures.
Read more...Links 7/13/2021
America’s Afghan War Is Over, So What About Iraq – and Iran?
America is finally out of one unwinnable war. How does this bode for the US extracting itself from other Middle Eastern quagmires?
Read more...Michael Hudson Discusses Financialization, Rentierism, and Other Favorite Topics with Jessi Ora of Swedish Positiva Pengar Group
Michael Hudson gives another wide-ranging, tour de force interview. Enjoy!
Read more...Kentucky Retirement System Litigation Against KKR, Blackstone, PAAMCO et. al. Takes New Class Action/Civil RICO Twist
Those pesky lawyers behind Mayberry v. KKR won’t give up! And some private equity titans are likely plenty unhappy about that.
Read more...Understanding the Opioid Epidemic: When Innovation Fails, or Rather Works Too Well
The opioid crisis provides a deadly example of why innovation often is simply a new-fangled form of predation.
Read more...New York City Subway Flooding Demonstrates Transit System Vulnerability to Climate Change
More frequent and severe New York City subway floods demonstrate how climate change is crippling critical infrastructure.
Read more...Book Review: The History of Animal-Based Medicine in China
Even critics of animal-based potions in China don’t understand its origins….which means they may be easier to contain than is now assumed.
Read more...Musical Interlude (“On the Path of Decent Groove”): Bombast
Bombast is where my head is right now. And you?
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