Call Your Congresscritters: OpenAI Laying the Groundwork for Massive Federal Bailout
AI is not just coming for your job. Industry leaders plan to pick your pocket on a massive scale via a bailout.
Read more...Author Archives: Yves Smith
China’s Belt and Road Initiative and the Shifting Landscape of Trade and Investment
The US has responded a bit China’s Belt and Road initiative by increasing foreign direct investment in participating countries.
Read more...Health Advocates Call for a Federal “Reboot” in Addressing Ultra-Processed Foods
The debate over ultra-processed food is becoming more intense. But has any real progress been made in discouraging consumption?
Read more...Revolutions in Russia in 1917: February and October
A summary of the tumultuous events of Russia’s 1917 revolutions.
Read more...Links 11/5/2025
With Baseless Fraud Claim, White House Says Trump Preparing Anti-Voter Executive Order
Yet more Trump threat display to try to extend the reach of his faction, here by stymieing voter access to elections.
Read more...“The Multipolarism of Fools: The BRICS Are Not the Answer”
A hot mess of a BRICS critique, among other things lambasting the growing association as anti-democratic.
Read more...The Lasting Economic Scars of War
War is even more destructive in economic terms than is widely acknowledged.
Read more...Links 11/4/2025
Wall Street Journal Insults Reader Intelligence, Depicts Lenders as Addressing Loan Risks When That Horse Has Left the Barn and Is in the Next County
The Wall Street Journal does its readers no favors in its whole-hog adoption of the fraud spin in ‘splaining high profile loan losses.
Read more...Technology Empires and the Race to Cement Dominance
A look at how the US and China are seeking to achieve technology hegemonies, and the efforts of smaller countries to carve out niches.
Read more...Mission Impossible: Why the US Cannot Reverse Its Manufacturing Decline
Debunking magical thinking about the US regaining its manufacturing mojo at scale.
Read more...Medicare Advantage: Fraudulent and Misleading Marketing Lures Seniors into Plans Inferior to Traditional Medicare
A guide on the structure of Medicare Advantage, why it is a bad deal, and how to steer clear of aggressive and even fraudlent marketing.
Read more...Links 11/1/2025
Data, Power and Emissions: How AI’s Growth May Slow Down the Green Transition
AI’s power demands are producing heavier use of fossil fuels to generate electricity.
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