Author Archives: Yves Smith
Primaries Expose Bitter Fight in Democratic Party
The Democratic party continues to wage full scale war against progressives…..how’s that going?
Read more...Three Lessons the Labour Movement Must Learn From the Fight for 15 at Walmart
The Fight for 15 at Walmart was “surprisingly successful”. What tactics should labor organizers consider adopting?
Read more...How Chinese Investors Inflate Housing Markets in the US, Canada, and Australia, as Governments Try to Stem the Tide
How Chinese money is distorting home prices in major cities around the world, and how local authorities are starting to intervene.
Read more...Links 6/8/18
The Battle for Money Has Begun
Why the current fights over money, banking, and Modern Monetary Theory look like new ways to achieve bad neoliberal ends.
Read more...OCC Covering Up for Wells Fargo Type Abuses at Other Banks
The OCC found lots of bad bank conduct in retail-land, but refuses to say anything about who is cheating and what they are up to.
Read more...New CDC Study Shows Large Increase in Suicides Since 1999
Rising suicides provide more evidence that all is not well in America.
Read more...Worrying About the Deficit Is So 17th Century
Deficit hawks have been wrong for even longer than you thought.
Read more...A 1,000-Year Flood in Maryland Shows the Big Problem With So Much Asphalt
Why Ellicott City’s flood didn’t have to be the disaster it was.
Read more...McKinsey’s and CalPERS’ Ignorance and Sleight of Hand on Private Equity
McKinesy and CalPERS appear to be kidding themselves at least as much as the general public on the subject of private equity.
Read more...A Hard Look at the Mini-BOT, the Parallel Currency Idea of Italy’s New Ruling Coalition
The mini-BOT has only been sketched out at a high level. How might it work and more important, would it succeed as a parallel currency?
Read more...The Political Significance of LSD
LSD is back in vogue. Is that a good thing?
Read more...Links 6/6/18
More Brexit Insanity: Corbyn Proposes Dead-on-Arrival, Misbranded “Soft” Brexit; Auto Part Makers to Take Huge Hit; Irish Border Groundhog Daze
Brexit madness is only getting worse….
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