Wolf Richter: Two Italian Zombie Banks Toppled Friday Night
It’s getting harder to ignore the stench coming from the Italian banking system.
Read more...Author Archives: Yves Smith
Uber Spinning Out of Control: Employees Eyeing Exits as Press (Finally) Starts to Question Business Model
More on the upheaval at Uber.
Read more...Confirming Dallas Meetup Location Next Tuesday June 27
Announcing the location of our meetup in Dallas next week.
Read more...Can EU Actors Keep Using Common Law After Brexit?
The widespread use of English law in financial contracts poses yet another set of tricky post-Brexit issues.
Read more...Mass Incarceration’s Dangerous New Equilibrium
On the shameful origins of and incentives behind mass incarceration.
Read more...Matt Bruenig: How Many People Will Obamacare and AHCA Kill?
Subjecting Obamacare to the same measuring stick that the Center for American Progress applied to the ACHA.
Read more...Some People “Would Rather Have 1st Class Seats on the Titanic Than Change the Course of the Ship”
Why it is necessary to depose Democratic party leaders like Pelosi and Schumer to have any chance of winning class and climate change wars.
Read more...The Wheels Come Off Uber
Uber is over. But since many have money and reputations at stake, and Uber has cash to burn, it will take a while for that to be undeniable.
Read more...It’s Not (Just) the Working Class. It’s the Service Class
Why the way for Democrats to regain political power is to target the service class…assuming they can bring themselves to do that.
Read more...Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on Top
How Americans’ optimism leads to self-delusion on their odds of success, and therefore to not supporting policies in their real interest.
Read more...Yoo Hoo, Dallas Meetup Next Tuesday, June 27: Venue Ideas Needed!
Looking for reader recommendations for where to meet next week in Dallas.
Read more...Trump-Style Policies Will Deepen the “American Carnage”
An in-depth look at Trump’s economic plans shows they would enrich the 1% and hurt the “forgotten people” he promised to help.
Read more...Links 6/21/17
John Helmer: Chrystia Freeland’s Family Lie Grows Bigger And Blacker– Michael Chomiak Volunteered For Hitler Before Ukraine Was Invaded and Was Hunted by the Polish Police Until the 1980s
On the subject of her Nazi grandfather, Michael Chomiak, it turns out Chrystia Freeland’s nose is so long that she needs to get a hacksaw.
Read more...Waiting for Godot or Does Anyone Really Know What Is Going on with Eurozone Banks?
An update on the Eurozone banking mess.
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