Author Archives: Yves Smith

Haven’t Enough to Keep You Awake At Night? Try The Doomsday Clock For A Truthful State Of The Union

As Trump takes the US out of Reagan’s nuclear arms pact with Russia, it’s time to have a look at the Doomsday Clock.

Reminder: Fort Lauderdale Meetup for Thursday, February 7

Hope you can join our Fort Lauderdale meetup!

Michael Hudson: Trump’s Brilliant Strategy to Dismember U.S. Dollar Hegemony

Trump’s neocon extremists are burning the US dollar house down.

How the Peak Oil Story Could Be “Close,” But Not Quite Right

An in-depth look at the “peak oil” thesis and how well its predictions are playing out.

Links 1/31/19

Venezuela Coup Attempt Part of US Plan to Remake Latin America

Unfortunately, US support of the attempted coup in Venezuela is just one part of planned interventions south of the border.

Controversial Nord Stream 2 Pipeline Could Be Operational By November

So much for US ire over the Russian Nord Stream 2 pipeline project.

‘Foxconn Was a Major Con’: Backed by Trump Promises and $4 Billion in Subsidies, Company Admits Factory Jobs Not Coming

Foxconn fleeced Wisconsin. But this was a feature, not a bug.

Is China’s Debt Crackdown Hitting California’s Commercial Real Estate Bubble?

China gets a cold and California real estate gets pneumonia.

Links 1/30/19

Brexit: May Running Down the Clock by Backing Yet-Again-Nixed Renegotiation of Withdrawal Agreement

May is still firmly in charge of Brexit as various Parliamentary gambits go splat.

Many Countries at UN Oppose Trump Interference in Venezuela

The US plans for Venezuela don’t have the degree of foreign support that the press would have you believe.