Private Equity and the Pandemic: Brace for Impact…Investing
Private equity wants investors to believe that it can do good. The damage it has done through its health care industry profiteering says otherwise.
Read more...Author Archives: Yves Smith
Brexit: Running Down the Clock?
Brexit is not going much of anywhere, and it still isn’t clear if this is by accident or design.
Read more...After Years of Underfunding, Now Public School Teachers Are Supposed to Save the Nation’s Economy?
Teachers are again in the middle of a political fight, this one over the perceived need to reopen US schools pronto.
Read more...COVID-19 ‘Please Tell Me My Life Is Worth A LITTLE Of Your Discomfort,’ Nurse Pleads
A nurse speaks from one of the Covid-19 mask battlegrounds.
Read more...Links 7/7/2020
Key CIA-Backed Ally Indicted for Organ Trade Murder Scheme
A sordid example of what happens when the CIA is willing to get in bed with just about anyone to advance what it sees as US interests.
Read more...Universities in a Mess Over Upcoming Year; Some Reopenings Meeting Fierce Resistance
Universities face an anxious and meager school year.
Read more...Time for the West to Embrace Chinese Industrial Policy, Not Eliminate it
Yves here. We’ve pointed out that the US does have an industrial policy, even if it comes out by default through which groups manage to extract the most subsidies. Favored sectors include housing, the defense-surveillance complex, financial services, higher education, oil and gas, and niche interests like sugar. So the umbrage about China (and Japan […]
Read more...Hubert Horan: Can Collateralizing Frequent Flyer Programs Help Save the US Airlines?
Dissecting the latest airline gimmick to separate investors from their money: pledging their frequent flyer programs.
Read more...Risking Nuclear War for Dollars
Why the risk of nuclear war has been and remains much higher than you realize.
Read more...Links 7/4/2020
How Largely Hidden Trends Are Shattering the Global Trade System
Howy national conflicts, new concerns about security and supply chain risk, and technology are reshaping trade networks to be closer to home.
Read more...Is Donald Trump Likely to Resign?
Looking at some underrated Trump weaknesses.
Read more...Links 7/3/2020
“A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs
Drug price gouging is so widespread in the US that it seems unlikely that there will be enough outrage to limit coronavirus drug price gouging.
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