How Puerto Rico’s Death Toll Was Ignored, and Could Have Been Avoided
Why the death toll in Puerto Rico in the wake of Hurricane Maria was so disgracefully high.
Read more...Author Archives: Yves Smith
NIRP’s Revenge: Italian Bonds Plunge, Worst Day in Decades
Markets wail and gnash their teeth as normalization of Italian yields sets in.
Read more...Israel and Palestine: A Story of Modern Colonialism
The foundations of Israel are rooted in a colonial project that has modernized its face but continues to subject Palestinians to military occupation, land dispossession and unequal rights.
Read more...The Left as the New Enemy Within: Domestic Wargaming Exercise Includes “Progressive” AntiGlobalist Baddies, Um, Terrorists
Apparently needing to justify spending and domestic surveillance, military exercises depict leftie future terrorists as official threats.
Read more...Reminder: Tucson Meetup 2.0 This Friday, June 1
Be sure to stop by the Tucson meetup this Friday if you live in the area.
Read more...How Media Amnesia Has Trapped Us in a Neoliberal Groundhog Day
How the media became the useful idiot of neoliberalism.
Read more...Links 5/29/18
Italy’s Political Crisis….How Ugly Might It Get?
Identifying issues that may influence how Italy’s political crisis over the rejection of a Lega Nord-5 Star economy minister plays out.
Read more...There’s No Getting Around Iranian Sanctions
A discussion of the how Europe’s efforts to buck the US sanctions against Iran may play out.
Read more...Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts
I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings […]
Read more...Be Sure to Catch This Saturday’s June 2 NYC Meetup with Lambert
If you live in or near NYC, hope you can make our meetup this coming Saturday.
Read more...Links 5/26/18
How Institutional Dysfunction Has Enabled Poor Economic Policy Thinking
How economic research practices and the role of academic journals helped create and reinforced an orthodoxy that was able to miss that the crisis was coming.
Read more...Do Fewer Settlements by Pharmaceutical Companies Mean Even Less Accountability for Their Execs?
Drug company settlements with the Feds, which never were very tough to begin with, are also becoming less frequent.
Read more...US Supreme Court Ordered Desegregation, then Conservatives Worked to Demolish Public Education
How desegregation led to a concerted attack on public education.
Read more...