Millennials Are Waiting For The End Of Capitalism
Not surprisingly, Millennials are not in very good financial shape…..
Read more...Author Archives: Yves Smith
Bank Enthusiasm for Blockchain Waning
Blockchain hype is finally meeting commercial realities.
Read more...Wolf Richter: Tesla Slammed by Tesla (and Moody’s)
Tesla’s bubble is starting to deflate.
Read more...The Necessary Transience of Happiness
Questioning the modern obsession with happiness.
Read more...Links 3/28/18
Why Not to Expect Much from US Trade Talks With China
Why the Trump trade threats towards China aren’t likely to be terribly productive.
Read more...Job Guarantee Winning More Fans on the Left and Right
The Job Guarantee is (finally) a topic that can be discussed in polite company.
Read more...Over One Fifth of Student Borrowers Used Loans to Gamble on Cryptocurrencies
A new category of cryptocurrency sucker, and even worse, leveraged traders to boot.
Read more...How the Agricultural Revolution Changed our Social and Economic Evolution
How agriculture produced ultrasociality, a major change in human evolution.
Read more...Links 3/27/18
Winners and Losers as PE Firm Cerberus’s Remington “Rollup” Collapses into Bankruptcy
Who are the bagholders in the Remington bankruptcy?
Read more...The Decline in Quality of Manufacturing Entrepreneurship in the US
Yes, Virginia, US manufacturing is going downhill at the bottom of the food chain as well as from the top.
Read more...The Brexit Transition Deal
Economists do not have much nice to say about the UK’s Brexit transition deal.
Read more...Brexit: UK Capitulates
The latest installment in the Brexit soap opera.
Read more...Employers to Women: Could You Be Any Dumber (Please)?
Being smart is not a plus for career-minded women.
Read more...