Author Archives: Yves Smith

Links 3/23/18

Mr. Market Has a Hissy Fit Over Trump’s “Coming Soon” China Tariffs

How much of the upset over Trump’s planned China tariffs is warranted?

Gaius Publius: Despite Officially Hating Trump, Democrats Like a Lot of What He Does

Yet another example of the Democrats’ hypocrisy.

Global C02 Emissions Rise for the First Time in 3 Years

Bad news on the carbon emissions front.

Links 3/22/18

Was Carillion’s Collapse the Beginning of the End for the UK’s Outsourcers?

Two large British outsourcers are also on the verge of collapse, and the vultures are circling.

Another CalPERS Victory: CalPERS to Publish “Court Reporter Style” Transcripts

CalPERS commits to publishing its open meeting transcripts.

Humanity’s Meat and Dairy Intake Must Be Cut in Half by 2050 to Avoid Dangerous Climate Change

An update on meat consumption as an environmental hazard.

Germany’s Pivot From Russian Gas Will Be Costly

Why Germany’s plans to hurt Russia via its gas exports may not go all that far.

Links 3/21/18

Andrew Bacevich Shellacks the New York Times’ Usefully Idiotic Coverage of America’s Never-Ending Wars

A well-argued dressing down of the New York Times for its less than illuminating reporting on America’s military adventurism.

CalPERS (for Once) Does the Right Thing, Votes to Retain Transcription of Meetings

Mirable dictu! CalPERS board members vote to preserve its practice of transcribing board meetings, an important component of accountability and transparency.

Wolf Richter: Then Why Is Anyone STILL on Facebook?

If you’ve created an account, you can never escape Facebook. But you can at least stop making things worse for yourself.

Bill Of The Month: For Toenail Fungus, A $1,500 Prescription

Not only was the bill for a toenail fungus topical cream shockingly high, but the pharmacy dispensing it was able to tap directly into the patient’s health reimbursement account.