America’s Arms Sales Addiction
The sorry history of how US arms sales have made the world less safe, and aren’t all that good for America either.
Read more...Author Archives: Yves Smith
Links 11/16/17
Do We Actually Grow from Adversity?
Americans in particular like to reframe hardship as an opportunity to grow….but how valid is that notion?
Read more...Non-Financial Private Debt Overhang: Post War German Debt Reforms as a Model for a Modern Debt Jubilee?
Private debt levels are even higher than in 2008 but super low interest rates make that look less worrisome than it arguably should be. T. Sabri Öncü ponders how to go about large scale debt relief.
Read more...Hope To See You at Our Birmingham Meetup This Thursday, November 21
Please swing by our Birmingham meetup this Thursday!
Read more...New Paper Reveals Rail Industry Was Leader in Climate Denial Efforts
The rail industry has been able to hide behind the skirts of Big Oil in climate denialism.
Read more...Economic Warfare: Insights from Mançur Olson
War II lessons from Mançur Olson and how they apply now.
Read more...“Do You Have To Travel the World To Know What Poverty Is?”
A revealing discussion of poverty, in not a good way.
Read more...6 Technology Trends Revolutionizing the Transportation Sector
A list of supposedly transformative technology in the offing for transporation Sanity checks encouraged.
Read more...Climate Change Fueled the Rise and Demise of the Neo-Assyrian Empire, Superpower of the Ancient World
The Neo-Assyrian empire illustrates how fortunes rise and fall with climate.
Read more...Millennials’ Health Deteriorating, Projected Mortality Rates Higher Than GenX; “Deaths of Despair” a Major Culprit
A sobering picture of the health outlook for Millennials.
Read more...Former CalPERS Board Member JJ Jelincic Files Protest Against Election Abuses
JJ Jelincic is still fighting the uphill battle of cleaning up CalPERS.
Read more...How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed
It is bizarre to see the Fed present data showing the Gilded Age level of wealth accumulation by the 1% as if that were a badge of honor.
Read more...The Political Colour of Fiscal Responsibility: Trump’s Fiscal Policy as a Republican Tradition
Why Democrats are the party of fiscal orthodoxy.
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