Water Should Be a Public Good, Not a Commodity. Catalonia Is Showing How
The Terrassa Water Observatory puts citizens in the driver’s seat of water management.
Read more...Author Archives: Yves Smith
Is the Tara Reade Story Approaching Critical Mass?
Biden is feeling enough heat about the Tara Reade rape accusation that he’s appearing on Morning Joe today. But can he make the story go away?
Read more...Unemployment Effects of Stay-at-Home Orders
Why ending the lockdowns won’t do all that much to lower unemployment.
Read more...Links 4/30/2020
The Price of Meat
Meat and the rights of meatpackers have come to the fore.
Read more...Finance Capitalism vs Industrial Capitalism: How Financial Parasites and Debt Bondage Are Destroying Us
Another Michael Hudson star turn on debt dynamics, this time focusing on the coronavirus bailouts are shoring up rentiers.
Read more...Covid-19, The Coming Developing Country Debt Crisis and The Argentina Debt Reduction Proposal
Even the IMF backs the new debt put forward by Argentina. Could it be a model for Covid-shocked emerging economies?
Read more...Schadenfraude Alert: Airbnb Mini-Moguls in Meltdown as Bookings Collapse
Once fat and happy Airbnb landlords are now in a world of hurt.
Read more...Why the Oil and Gas Industry Will Never Be the Same
An overview of the dislocations in the oil market.
Read more...Consumer Beware: Coronavirus Antibody Tests Are Still A Work In Progress
How hopes for coronavirus tests are ahead of the state of play.
Read more...Quarantine Cat Tricks
Cat intermission.
Read more...Public Health and Private Profits Under COVID-19 Pandemic
More discussion of how the private sector is undermining responses to Covid-19.
Read more...In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role
If you need proof that Biden doesn’t give a damn about oridinary people, his bringing Larry Summers in from political exile should convince you.
Read more...CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct
CalPERS yet again manages to exceed expectations in a bad way.
Read more...Max Blumenthal and Ben Norton With Michael Hudson: How The US Makes Countries Pay For Its Wars – Economics Of American Imperialism
Economist Michael Hudson explains how American imperialism has created a global free lunch, where the US makes foreign countries pay for its wars, and even their own occupation.
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