Bloomberg Making Nice to China Pays Off; Highly Profitable Conferences Help Stoke Terminal Business
Bloomberg goes to some lengths to toady to China. And his commercial motives are much more obvious than Trump’s were with Russia.
Read more...Author Archives: Yves Smith
Nick Turse: Trump Threatens Mass Destruction in Afghanistan
Trump threatens mass slaughter in Afghanistan.
Read more...FAA Considering Mandatory Simulator Training for Boeing 737 Max as New Hardware Problem Surfaces
The FAA and Boeing may be moving towards a deal.
Read more...Links 1/4/2020
Manufacturing Employment, New Orders & Production Fall Fastest Since Apr-Aug 2009
Yves here. As readers know well, on the one hand, services and not manufacturing dominate the US economy. But manufacturing jobs, even now, are relatively well paid and manufacturing growth is often seen as having spillover effects. By Wolf Richter, editor at Wolf Street. Originally published at Wolf Street US manufacturing took a turn from […]
Read more...What if We Let the Oceans Into Our Cities?
Radical thinking for soon-to-be-waterlogged cities.
Read more...What Is Climate Change Adaptation, and Why Does It Matter?
Climate change reality is starting to sink in.
Read more...The Crapification of Mattresses and Retail Therapy (and an Iran Aside)
The sorry state of mattresses as a worthwhile distraction from the sudden US escalation against Iran.
Read more...Credit Cycles and Asset Returns
Yves here. I’m clearly not in touch. I am surprised that this finding, that credit booms predict equity busts, is novel. Of course, given that manias last way longer than cooler heads deem possible, judging the peak of a credit cycle is tricky business. Nevertheless, when a wee summer associate at bond trading powerhouse Salomon […]
Read more...Links 1/2/2020
A Theory or Two of These Grim Times
A theory about why things are a mess.
Read more...We Broke Down the Last Decade of Climate Change in 7 Charts
Some key climate change factoids.
Read more...AI and the Productivity Paradox
AI has not delivered expected productivity gains. Some thoughts as to why.
Read more...Extending Sort of Comments Holiday
We didn’t really have a comments holiday…so we are extending our “reduced comments” compromise to allow Jules Dickson a proper break.
Read more...Trump, Granting Lobbyist Demands, Quietly Handed Billions More in Tax Breaks to Huge Corporations: Report
Team Trump keeps soldiering along with its pro-corporate agenda.
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