Author Archives: Yves Smith
Whining Pundits
Quelle surprise! Some pundits are trying to distance themselves from their pre-election calls.
Read more...Jobs Picture Emerges of Weird Recovery to Historically Awful Level
Jobs not galore. And the target keeps moving.
Read more...Why Google Is Facing Serious Accusations of Monopoly Practices
The regulatory worm seems to be turning against Google in many countries, even in the U.S. where it had been hibernating.
Read more...Michael Hudson on Financialization and Deindustrialization
Michael Hudson on how Trump’s policies have not addressed the fundamental forces that gutted industrial jobs under the both parties
Read more...Trump’s Pennsylvania Lawsuits Invoke Bush v. Gore – But the Supreme Court Probably Won’t Decide the 2020 Election
Trump is trying to put Pennsylvania in play, legally. What are the odds his case will go anywhere?
Read more...Americans Didn’t Vote for Change. For Many, It Wasn’t on the Ballot
Yves here. There will be many articles trying to explain what happened to the Democrats’ blue wave. This one is close on the heels of the result, which means it reflects beliefs at or shortly after the vote, as opposed to later lines of thought. And the writers made an effort to speak to Trump […]
Read more...Outsourcing: A Personal Window on the Rise of Grifting
Some vignettes from the rise of outsourcing.
Read more...New Jersey’s “Best in US” Plastic Ban Still Very Limited, Makes Concessions
A new law in New Jersey makes clear how far we have to go on getting rid of plastic.
Read more...China Takes Step Against Securitization, Consumer Borrowing With Suspension of Ant IPO
With its smackdown of Ant and its billionaire founder Jack Ma, China has made clear that financiers do not call the shots.
Read more...How Kurdistan Is Taking Advantage Of Iraq’s Oil Crisis
Iraq is in bad enough shape that the Kurds look able to score a rare win.
Read more...How Covid-19 Is Increasing Support for Social Spending
Quelle surprise! Americans want better social safety nets, particularly now with the Covid wolf at the door.
Read more...Links 11/4/2020
The Other Eviction Moratorium: Storefront and Office Tenants are Hanging on. But for How Long?
New York City’s struggle between commercial landlords and their tenants over rents owed versus lousy recovery prospects reveals a lot about perverse incentives.
Read more...Six Charts That Reveal America’s Deep Divides
A brief political economy history, in charts: the rich got richer!
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