Standoff Between Italy and European Commission Escalates as Commission Rejects Italian Budget
Italy and the European Commission are in a dispute over Italy’s budget, and no one looks likely to come out a winner in this fight.
Read more...Author Archives: Yves Smith
Buried in “Hilariously Stupid” White House Attack on Socialism, An Accidentally Strong Argument for Medicare for All
Amid hysterical comparisons between Senator Bernie Sanders and Mao Zedong, the Council of Economic Advisers unwittingly makes a solid case for socialist policies.
Read more...Brexit: The Forward March of Remain? It Still Hasn’t Got Out of the Starting Blocks
Remain boosters need to focus efforts on Tory and Labour MPs with marginal seats, but they’re too distracted by painting apocalyptic pictures.
Read more...Can Americans Learn to Scale Their Partisan Walls?
Connecting across differences may be the only thing that will save Americans from rule by the privileged few.
Read more...Links 10/23/18
Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
Markets have more reason than usual to be jumpy.
Read more...Michael Mann: We’re Already On Our Way to “Blowing Past” 1.5 Degrees Global Warming
How global warming is increasing at a faster rate than most realize.
Read more...Wolf Richter: It’s the Banks Again
Mr. Market is worried about banks, particularly European ones.
Read more...Hooray! Met Our Sixth Goal, On to Our Seventh: More Original Reporting
Original reporting takes concerted effort and sometimes hard dollar costs. Please invest to help us to more to root out what powerful and monied people hope to keep hidden.
Read more...FICO Gets Creative With Credit Scores to Facilitate Getting More Americans in Debt
FICO is evil.
Read more...How Private Equity Bankrupted Seven Major Grocery Chains for Fun and Profit
Grocery chains as yet another example of private equity looting, and what policymakers should do to stop that.
Read more...Tom Engelhardt: The Unhappy 17th Anniversary of the Afghan War
Looking back on 17 counterproductive years in Afghanistan.
Read more...Announcing a New Double-Your-Donations Challenge!
A new donor challenge! Will you join us?
Read more...Jeff Epstein: Naked Capitalism Led Me to MMT, and Its Commentariat Made Me a Better Writer
How Naked Capitalism and its readers provided political education.
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