Author Archives: Yves Smith
Key CIA-Backed Ally Indicted for Organ Trade Murder Scheme
A sordid example of what happens when the CIA is willing to get in bed with just about anyone to advance what it sees as US interests.
Read more...Universities in a Mess Over Upcoming Year; Some Reopenings Meeting Fierce Resistance
Universities face an anxious and meager school year.
Read more...Time for the West to Embrace Chinese Industrial Policy, Not Eliminate it
Yves here. We’ve pointed out that the US does have an industrial policy, even if it comes out by default through which groups manage to extract the most subsidies. Favored sectors include housing, the defense-surveillance complex, financial services, higher education, oil and gas, and niche interests like sugar. So the umbrage about China (and Japan […]
Read more...Hubert Horan: Can Collateralizing Frequent Flyer Programs Help Save the US Airlines?
Dissecting the latest airline gimmick to separate investors from their money: pledging their frequent flyer programs.
Read more...Risking Nuclear War for Dollars
Why the risk of nuclear war has been and remains much higher than you realize.
Read more...Links 7/4/2020
How Largely Hidden Trends Are Shattering the Global Trade System
Howy national conflicts, new concerns about security and supply chain risk, and technology are reshaping trade networks to be closer to home.
Read more...Is Donald Trump Likely to Resign?
Looking at some underrated Trump weaknesses.
Read more...Links 7/3/2020
“A Scandal’: Contracts Show Trump Giving Big Pharma Free Rein to Price Gouge Taxpayer-Funded Coronavirus Drugs
Drug price gouging is so widespread in the US that it seems unlikely that there will be enough outrage to limit coronavirus drug price gouging.
Read more...Education 101: Don’t Open a New Charter School in the Middle of a Pandemic
A hard look at charter school misleading ads, racial segregation, and dodgy economics.
Read more...Some New Climate Models Are Projecting Extreme Warming. Are They Correct?
Why some of the more dire predictions of climate models may be an overshoot.
Read more...How Much More Cash Can Uber Burn?
Moar Uber wheel-spinning.
Read more...Lots of Brain-Dead Misreporting About the Case-Shiller Home Price Index this Morning
No, Case-Shiller is not yet a reflection of home prices during the Pandemic. Be patient.
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