Marshall Auerback: Apple Has an Early Case of GE’s Disease
Silicon Valley stars like Apple suffer from financialization—the same ailment that felled GE and Lucent.
Read more...Author Archives: Yves Smith
US Policy On Iran After The Midterm Elections
A clear Senate majority gives Trump more support for playing tough with Iran. But how productive is this likely to be?
Read more...Stock Markets Do Not Create Value
A new study on stock price performance undermines conventional thinking.
Read more...Links 11/8/18
Wolf Richter: The State of the American Debt Slaves, Q3 2018
Consumer debt continues to grind upwards.
Read more...How UK (and US) Surveillance Creates Havoc for Personal Data Movement Post Brexit
The UK’s surveillance state poses legal problems for the legality of personal data transfers to it post Brexit, and the UK and EU are not close to having a solution.
Read more...Trump Ouster of Sessions Gives New Life to Mueller Controversy
In typical Trump fashion, Trump managed to get himself in more trouble while trying to poke a stick in the eye of his opponents.
Read more...From Brothels to Independence: The Neoliberalization of (Sex) Work
Sex workers in the UK are by now just another part of the online, freelance, customer-reviewed digital economy. They story of how they got there exposes a dangerous shift.
Read more...Links 11/7/18
UK Contests European Court of Justice Case on Article 50 Withdrawal, Averring No Way Will It Back Out of Brexit
More cheery Brexit news.
Read more...Former Health Insurance Executive Debunks Trump Attacks on Single Payer
Even with health care polling as the top issue with voters, Trump is one of the loudest, but far from the only, politician out to demonize single payer.
Read more...Northern Ireland Constitutional Settlement: A Brexit Booby Trap?
Why Northern Ireland poses even bigger hurdles to reaching a Brexit deal than you thought.
Read more...CSU Council Calls for Investigation of CalPERS CEO Marcie Frost’s Hiring
More proof that the scandal involving CalPERS CEO Marcie Frost’s resume misrepresentations are not going away any time soon.
Read more...The Rapid Acceleration Towards Peak Oil Demand
A rare bit of positive news on the global warming front: oil demand topped out in developed economies and emerging economies are increasingly fighting both internal combustion engines and single use plastics.
Read more...Brexit: Even More Noise in the Signal
Rumors of Brexit progress seem to be greatly exaggerated.
Read more...