Mauritius Oil Spill Tragedy
Some photos and commentary from Mauritius, whose oil spill is a major ecological disaser.
Read more...Author Archives: Yves Smith
CalPERS CEO Marcie Frost Moonlights? Implausibly Denies Relationship With Top Speakers’ Bureau
CalPERS CEO Marcie Frost does not appear to have a good grasp of the conflict-of-interest rules that apply to her role.
Read more...House Democrats Introduce Urgent Bill to End ‘Deliberate Sabotage’ of Postal Service by Postmaster General
Democrats wake up awfully late in the game to the importance of protecting the Post Office from looting, um, privatizing. Are they too late?
Read more...“Savings Glut” Fables and International Trade Theory: An Autopsy
Debunking Bernanke’s pet excuse for the global financial crisis, the savings glut hypothesis, which of course exculpates the Fed.
Read more...CalPERS Preliminary Returns Inconsistent with Other CalPERS Data; CalPERS Refuses to ‘Splain Even Though It Ought to be Easy
CalPERS has yet to clear up an anomaly in its reported preliminary returns.
Read more...Re-Localizing Industry, One Thing at a Time
Even Covid-19 can have a silver lining: industry supply chain breakage and relocalization initiatives are bringing some manufacturing back to the US.
Read more...The TPP Is Dead! Long Live the TPP!
Beware! The TPP is still skulking around, rebranded as the CPTPP. As Lambert says, “Kill it with fire”.
Read more...Covid-19 Shortages Continue and Could Get Worse
Covid-19 still stalks the land and winter is coming.
Read more...Racial Disparity in COVID-19 Deaths: Seeking Economic Roots in Census Data
The higher rate of black deaths to Covid-19 appears due to higher infection rates. That suggests that work and living conditions put them much more at risk.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty-Three: Uber’s Already Hopelessly Unprofitable Economics Take A Major Coronavirus Hit
The press is still refusing to depict Uber accurately, as a rotting corpse.
Read more...CalPERS Digs Its Ben Meng Defenestration Hole Deeper: Claims Knowledge of Abuse Months Ago; Notice for Emergency Closed Session Legally Invalid Unless CEO Frost’s Job Is on the Line
CalPERS is bizarrely unable to control its bad impulses.
Read more...COVID-19 Survivors Face Lifetime of Disability
Funny how other countries are willing to acknowledge that Covid-19 can do very bad things without killing you, and not the US.
Read more...Links 8/8/2020
Larry Wilkerson: The Danger of War With China is Real and Insane
Col. Larry Wilkerson explains that China and the U.S. must work together on the climate crisis, but the militaries and security states on both sides make that impossible.
Read more...Why Capitalism Is in Constant Conflict With Democracy
A high level, if flawed, critique of democracy American style.
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