Ray Dalio: Capitalism Isn’t Working
A squillionaire critique of capitalism. Funny how they decry inequality but won’t give all their money away to help remedy that.
Read more...Author Archives: Yves Smith
French School Lunch
Giving the French credit where credit is due…..
Read more...Links 1/17/19
Brexit: Chasing Their Tails
More Brexit dithering, but at higher velocities.
Read more...GoFundMe CEO: ‘Gigantic Gaps’ In Health System Showing Up In Crowdfunding
GoFundMe campaigns as proof of America’s health care crisis.
Read more...Repeating the Mistakes of 1914?
n their enthusiasm for a new cold war against China and Russia, the western establishments of today are making a mistake comparable to that of their forebearers in 1914.
Read more...Michael Olenick: Helicidine – French Miracle Snails
Snails to the rescue!
Read more...Links 1/16/19
Brexit: Chaos
Despite May’s epic Brexit loss, she’s still barely changed her course of action.
Read more...What Truck Drivers Say about “Driver Shortage” & Pay Increases
Debunking another “worker shortage” story.
Read more...The Shutdown Will Harm the Health and Safety of Americans, Even After It’s Long Over
Another set of shutdown costs.
Read more...Links 1/15/19
Why the Green New Deal Is the Stuff of Fantasyland
Why the Green New Deal can’t deliver on its promises.
Read more...Bill Black: Trump CFPB Plans Obscene Change to Payday Lender Rule
The Trump Administration is out to weaken payday lender regulations so as to allow the industry to put borrowers on a debt treadmill that leads almost inevitably to bankruptcy.
Read more...Longtime Reporter Leaves NBC, Accuses Media of “Lionizing Destructive Organizations” Like the FBI
The FBI is openly setting out to make and break political leaders, undermining what we have left of a functioning democracy.
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