400 Million Locked Down in China To Fight Coronavirus
Another estimate of the severity and potential broader impact of the coronavirus.
Read more...Author Archives: Yves Smith
Stunning Sinn Féin Win Upends Ireland Politics
Sinn Féin is on its way to shaking up Ireland.
Read more...A Socialism Equal to the World
Now that “socialism” is an acceptable word to use in conversation, what should socialists and their potential allies seek?
Read more...Links 2/8/2020
This Philadelphia Refinery Is the Country’s Worst Benzene Polluter. Trump Wants To Keep It Open
Trump-aided behind-the-scenes shenanigans may keep a horrifically toxic refinery in business.
Read more...Twitter Is Blocking My Tweets (Updated: Back to Normal)
I appear to have been banned on Twitter.
Read more...Climate Change Needs To Be on the Balance Sheet
Serious people are finally calling for serious climate change accounting.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty-Two: Profits and Cash Flow Keep Deteriorating as Uber’s GAAP Losses Hit $8.5 Billion
Dissecting how Uber spun its 2019 financial reports. The actual results continue to be ugly, with no path to profit.
Read more...Sanders Called JPMorgan’s CEO America’s ‘Biggest Corporate Socialist’ – Here’s Why He Has a Point
As Sanders becomes a formidable 2020 contender, demonizing socialism is back in style.
Read more...Rentier Capitalism: Great for Stocks, Lousy for Growth
An oddly neglected paper gives an idea of how much rentier capitalism has distorted the US economy.
Read more...More (or Less) Economic Limits of the Blockchain
A discussion of blockchain “proof of stake” protocols.
Read more...Links 2/6/2020
Ponzi Schemer Bernie Madoff Asks to Be Released From Prison Under “Compassionate Release,” Igniting Debate Over Fairness
Pondering Madoff’s petition to be freed and the general question of compassionate release programs.
Read more...Beyond Burnout: Doctors Decry ‘Moral Injury’ From Financial Pressures Of Health Care
Emergency room doctors have it worse than you thought….because patients lose out to corporate practices.
Read more...Iraq Is on the Brink of an Energy Crisis
A case study of the struggle for influence in Iraq.
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