Author Archives: Yves Smith

Dear Elon: Tesla’s Base Is Not the Model S Coalition

How Elon Musk is doing a great job of alienation a critically important part of Tesla’s Model S coalition.

Gaius Publius: Democrats Laying Their Own Bonfire

The Democrats are increasingly cocky as potential voters become more and more angry over their pro-Establishment policies.

CalPERS’ Fiduciary Counsel, Ashley Dunning, Lies to Board to Defend Private Equity Secrecy and Perpetuate Inadequate Supervision of Staff

Yet another example of the culture of casual lying at CalPERS and the deep-seated effort to neuter its board.

Darkest Hour – What Does a Rash of Winston Churchill Portrayals Tell Us About Brexit Britain?

On the UK’s Churchill boomlet.

Can Uber Ever Deliver? Part Twelve: Brad Stone and Bloomberg Continue To Get the Uber Story Badly Wrong

How Brad Stone’s piece about “bad boy” Travis Kalanick is yet another effort to tell the most pro-Uber story possible at this point in time.

Is the Most Massive, Illegal Paywall in the World About to Come Down?

PACER’s days of massively overcharging and impeding legal research may be about to end.

Amazon, City Killer?

The unseemly bidding war to have the opportunity to have Amazon ruin your city moves to its finalist phase.

Another Brexit Casualty: The Channel Tunnel, aka Eurostar

Why the impact of Brexit on Eurostar will literally be a train wreck.

Draghi’s Membership in Murky G30 Financial Group Under Fire

An official EU compliant about ECB chairman Mario Draghi puts the spotlight on a shadowy influence operation.

Links 1/20/18

Wolf Richter: What Will Rising Mortgage Rates Do to Housing Bubble 2?

Rising mortgage rate are about to do some damage to the house party.

Climate Change Mitigation Pays Off $6 for Every $1 Invested…As Funds Targeted for Cuts

Why more isn’t being done on the climate change mitigation front.

In Brexit Tug-of-War, EU Aims at City of London’s Tax-Haven Empire

The Brexit row over banking is starting is to come out into open….

Links 1/18/18