Author Archives: Yves Smith

The Bitcoin Bubble

As bitcoin has become a mania, it is also becoming a risk to the real economy.

Wolf Richter: Where the Heck is Microsoft’s “Edge?” (Left Behind for Dead)

Users are spurning Microsoft’s Edge in favor of Google, in the privacy version of a beauty contest between Cinderalla’s ugly sisters.

Links 12/19/17

Mark Ames: Kathy Lally Was Caught Trying To Censor Journalism In Russia and Now Deceitfully Claims She’s a Victim

Mark Ames rebuts Kathy Lally’s scurrilous piece in the Washington Post.

From Employer Coverage to Single Payer Health Insurance

A simple proposal for overcoming an obstacle to implementing single-payer insurance.

EU’s Michel Barnier Clears Throat to Tell the UK It Won’t Get a Special Deal…After God Knows How Many EU Leaders Have Already Said That

The EU is still making a lot of noise to get the UK to begin to hear things the EU has been saying since the morning after the Brexit vote.

Corporatizatizing The All-Administrative University

How parasitic administrators are ruining university education.

Links 12/16/17

Matt Bruenig: What Actually Happened in Alabama?

Why the mainstream story of Doug Jones’ win in Alabama is utterly wrong.

The EPA Tries to Turn a Blind Eye to Carbon Emissions. The Courts Can Stop It.

Senator Whitehouse explains why the courts can challenge some of the breaks the EPA has given to global warming perps.

Guess Which Schools and Degrees Produce the Most Student Loan Defaults? Hint: It’s Not the Humanities

A revealing dive into student loan data.

Is The Oil Glut Set To Return?

EA gives a downbeat forecast for oil prices in 2018.

Newly-Declassified Documents Show Western Leaders Promised Gorbachev that NATO Would Not Move “One Inch Closer” to Russia

Newly-declassified records bolster Russia’s claim that the US and its European allies reneged on commitments to Russian security.