The Roots of Argentina’s Surprise Crisis
How reforms by Argentina’s President Macri helped kick off a currency crisis.
Read more...Author Archives: Yves Smith
Links 6/13/18
Some Notes on North Korea
Trying to get past the groupthink on the North Korea summit.
Read more...Bill Black: Democrats Should Reject Bernanke’s ‘Wily E. Coyote’ Criticism of Trump’s Deficits
Bernanke engages in a new episode of ideologically motivated economic prognostication.
Read more...The Italian Mini-BOT Debate
More discussion of how well a proposed Italian parallel currency, the mini-BOT, might work in practice.
Read more...Can Locally-Owned Stores Save RadioShack?
RadioShack stores are coming back from the dead, um, bankruptcy.
Read more...Who Says Labor Laws Are “Luxuries”?
The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.
Read more...Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?
Gaming out a Brexit scenario.
Read more...Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering”
Mirabile dictu, a Republican SEC commissioner criticizes stock buybacks….
Read more...CalPERS Makes Nasty, Inaccurate, and Self-Damaging Attack on Dean of Sacramento Columnists for Criticizing Private Equity Outsourcing Scheme
CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
Read more...Chicago Readers: You Are Falling Down on Finding a Meetup Location
Dear readers, I have booked a flight and prepaid for a hotel to hold a meetup in Chicago on Friday July 6. However, if readers do not identify a suitable meetup venue, there will be no meetup and all of these expenditures of scare site funds will go down the drain. The suggestions readers have […]
Read more...The War Nerd: Anglo-American Media’s Complicity in Yemen’s Genocide
Yemen starves….and why the Western media looks the other way.
Read more...Italy Bars Landing of Ship With 629 Migrants as Finance Minister Takes Euro Exit, Parallel Currency Off Table
Why the self-styled reformist government in Italy is already looking like a paper tiger.
Read more...Links 6/9/18
Primaries Expose Bitter Fight in Democratic Party
The Democratic party continues to wage full scale war against progressives…..how’s that going?
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