Author Archives: Yves Smith

Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

What Are the Three Concurrent Crises of the Coronavirus Depression?

Past theories of crises and why they matter now.

How Covid-19 is Creating a Social-Distancing Version of War

Covid-19 meets the US military and the Pentagon yields.

Links 5/26/2020

Nature Pimps for Fundamentally Flawed Gates-Funded “Swab Yourself” Covid-19 Test

An ambitious Bill Gates funded Covid-19 testing program called SCAN suffers from the health care version of “assume a can opener”.

Michael Hudson: Debt, Liberty and “Acts of God”

How ancient societies forgave debt that became unpayable due to circumstances outside the borrower’s control.

If the Federal Government Won’t Fund the States’ Emergency Needs, There Is Another Solution

Some ways aroung the Federal government’s present refusal to do much for state and localities.

Links 5/23/2020

Michael Hudson and Dr. Jeffrey Miron of Cato Debate Capitalism

Michael Hudson sharpens some of his arguments in a discussion with a Harvard/Cato Institute stalwart.

Craig Murray Documents Abuse of Process, aka Kangaroo Court, via Butchered Indictment

The UK court is play so dirty with Craig Murray that it might make our FISA court look good.

Yanis Varoufakis: Have Merkel & Macron Just Announced a Eurobond-Funded Godsend for the EU?

There’s not a lot of there there in a proposed EU rescue scheme.

Links 5/21/2020

Brexit: Posturing and Impasse

More Brexit chest-thumping.

Sweden’s Covid-19 Experiment Looks Even Worse as Death Rate Rises, Neighbors Contemplate Cordon

More defenses of Sweden’s failed Covid-19 approach appear even as evidence of its failure mounts.