Author Archives: Yves Smith

Student Enrollment Dropped 11% Since 2011, Student-Loan Balances Surged 74%. Why?

Drilling into why the student loan problem keeps getting worse.

Links 1/31/2020

US Loses Nearly 4 Million Jobs to China Since WTO Entry

More evidence, this time via China, on the costs globalization imposed on American workers.

Brexit D-Day

The big Brexit day is here.

How Iowa Chooses National Convention Delegates and What That Means For Us

Explaining the Iowa Caucus Rube Goldberg machine.

Secular Stagnation: Demand Is Indeed the Culprit

Economists’ bad medicine is a significant factor in our present stagnation.

Michael Hudson on the History of Debt Cancellation, Austerity in Europe, January 2020

Michael Husdon reviews the key themes of his recent book, ……and Forgive Them Their Debts, and discusses German austerity.

#MeToo Shamefully Nowhere To Be Found as SEIU Not Only Refuses to Fire Staffers Charged With Multiple Instances of Sexual Misconduct, but Retaliates Against Press and Whistleblowers

SEIU is acting like thugs. Please help reporter Mike Elk who has exposed more of their dirty linen than they can stand to have aired.

The War in Libya Will Never End

Looking at the gap between posturing and positions in Libya

How CEOs, Experts and Philosophers See the World’s Biggest Risks Differently

Trying to understand CEOs’ blinkered view of risks.

Links 1/29/2020

The Dead Zone Downstream: Gulf Edition

The cost of modern agriculture, as measured by a growing oxygen-free patch in the Gulf of Mexico.

A New Type of Conflict: France’s Ongoing Struggle for Pensions

The French strike over pensions has gone on longer than any other, even in 1968, has 60% support….yet the press barely covers it.