Author Archives: Yves Smith

How Despair Helped Drive Trump to Victory

Trump did well in places that have borne the brunt of declines in manufacturing, mining, and related industries since the 1970s.

Yet Another Brexit Train Wreck – UK to Fall Outside EU Auto Approvals Regime – and It Doesn’t Even Register With Officials

Parliamentary testimony on the auto industry lifts another Brexit rock, revealing new creepy crawlies.

Gaius Publius: New Study – “Natural Gas” Has No Climate Benefit, Will Make Things Worse

Debunking the myth that natural gas will reduce carbon emissions.

Scientists: Population Growth “Primary Driver Behind Ecological and Societal Threats”

A bit late in the game, experts are finally depicting population growth as the driver of threats like climate change.

Reminder: Hope to See You at Our Atlanta Meetup Today, or Our Birmingham Meetup Next Monday

Hope you can make it to our first ever Atlanta meetup!

Links 11/14/17

Powell’s Federal Reserve

Economists wring their hands over what it means to have a mere lawyer, Jerome Powell, as Fed chairman.

Is the Sacramento Bee in the Business of Protecting CalPERS?

So why did the Sacramento Bee do CalPERS a big favor, particularly when CalPERS is clearly in the wrong?

The Super Wealthy Oxycontin Family Supports School Privatization With Tactics Similar to Those That Fueled the Opioid Epidemic

How the marketing model the Sackler family developed to promote OxyContin is being applied to one of their pet causes, charter schools.

John Helmer: Oleg Deripaska, Russian Oligarch Accused of Buying Influence via Paul Manafort, Tries Listing Aluminum Shares In London. Hijinx Ensue (But Not Buyers)

A London stock float reveals the Achilles heel of Russian oligarch, Putin ally, and former Manafort client Deripaska: dependence on US sales.

Hard Brexiters Continue Humiliating Theresa May

How long will Theresa May serve as a hard Brexiter punching bag?

Uber and SoftBank Might Finally Have a Deal….But What Does It Mean?

It’s taken Uber four months to perhaps cinch a deal with SoftBank, while the spectacularly loss-making company is no closer to making money.

Links 11/11/17

That’s Not MY Greenhouse Gas!

Climate pacts like the Paris Accord do little because they focus on in-country greenhouse gas emissions, not ones based on consumption.