Trump’s “$250 Billion” of China Trade Deals: As Usual, Hype Greatly Exceeds Reality
Trump’s much ballyhooed China trade deal gives way less than meets the eye.
Read more...Author Archives: Yves Smith
Kingdom Of Fear: Saudi Arabia On Lockdown
Saudi Arabia is in the midst of a political and informational crackdown.
Read more...CalPERS Corruption Watch: Chief Investment Officer Ted Eliopoulos Takes Illegal Business Solicitations From Recent Employee
On the one hand, the latest public disclosure of misconduct by CalPERS executives and staff isn’t earthshaking. On the other, it was still significant enough to merit a Financial Times story. And it also illustrates a thumb-nosing attitude toward the law that has become a CalPERS trademark. In a Financial Times FundFire article, Ex-CalPERS Exec’s […]
Read more...Why You Should NEVER Buy an Amazon Echo or Even Get Near One
Why Amazon’s Echo, Google’s Home, and other “home assistants” are a threat to your privacy.
Read more...European Worries About Isolationist Trends
European leaders ponder how to defend internationalism. They realize that the response to the crisis created innocent losers. But what now?
Read more...LA School Board Ready to Rumble Over Charter Schools
The LA school board is finally cracking down on charter schools’ intransigence.
Read more...How to Fight the Global Wall Street Landlords
Local activists are having some success in fighting Big Finance landlords who have become big, ruthless players in rental housing.
Read more...Links 11/8/17
What the Paradise Papers Tell Us About Global Business and Political Elites
Some observations about the Paradise Papers and the big business of tax avoidance.
Read more...New Potential Credit Risk Bombs: Exotic, ‘Nonlinear’ and Private Transactions
Beware of old CDO risk re-imaged as “nonlinear finance”.
Read more...Nomi Prins: Steven Mnuchin, Foreclosure King of America
A summary of the many reasons to view Treasury Secretary Steve Mnuchin with contempt.
Read more...Damsel in Distress re Atlanta Meetup on Wed November 15! Need Help With Venue
Need reader input re Atlanta meetup venue ASAP!
Read more...The Real Economic Consequences of Martin Luther
How an article by Cantoni, Dittmar, and Noam Yuchtman force fits the Reformation’s economic changes into a neoclassical frame.
Read more...Links 11/7/17
Extreme Poverty Cut in Half? Only in the Minds of the Capitalists
The much-touted fall in extreme poverty is more the result of bad or cherry-picked metrics than real progress.
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