CalPERS Admits It Is Nowhere on Its New Private Scheme After More Than Two Years
Why CalPERS’ private equity “new business model” dithering is looking an awful lot like Brexit.
Read more...Author Archives: Yves Smith
Politicization of Sports and Sportization of Politics: A Global Dangerous Trend
Why the convergence of sports and political behaviors is bad for each.
Read more...Why Charter School Proponents Have Lost Many of the Democrats Who Once Supported Them
Why some liberals are coling on charter schools.
Read more...Links 5/10/19
Gabriel, R.I.P.
My good friend Gabriel is gone.
Read more...Why You Should Back the Sanders/AOC Plan to Cap Credit Card Interest Rates at 15%, Re-Launch the Postal Savings Bank
A new bill by Bernie Sanders and Alexandria Ocasio-Cortez seeks to limit credit abuses and make banking more accessible.
Read more...The Shale Boom Is About To Go Bust
Have more aggressive shale development techniques simply front-loaded production?
Read more...Perhaps It’s Time to Start Worrying About Global Corporate Debt, Suggests Bank of England
China’s exploding corporate debt is a cause for pause.
Read more...Links 5/9/19
Brexit: Stuck
Nearly a month into the EU’s Brexit extension and no progress.
Read more...Farming First: A Recipe to Feed a Crowded World
Is subsistence farming the way to the future?
Read more...The U.N. Says 1 Million Species Could Disappear. Pacific islands Have a Solution
A proposal to stem species loss.
Read more...Student Loan Forgiveness Program Offers False Hope, Rejects 99% of Applications
The infamous HAMP program, which the Administration revised so many times on the fly as to give incompetent and mendacious mortgage servicers air cover for failing to modify mortgages, at least had a stealth purpose. As Treasury Secretary Timothy Geithner said to the SIGTARP’s Neil Barofsky, it was to foam the runway for banks by […]
Read more...Brexit’s Disaster Socialism
Why disaser socialism looks as dodgy as neoliberalism’s shock doctrine.
Read more...U.S.-China: These Are Much More Than Just Trade Talks
Gaming out what the US-China trade talks mean for US politics.
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