Author Archives: Yves Smith
Healthcare Hypocrisy: How Politicians Hide Behind the 1986 EMTALA Law to Avoid Healthcare Reform
Is the emergency room mandate, EMTALA, responsible for lawmakers failing to devise reasonable legislation to fund health care?
Read more...More Criticism of Private Equity Leverage on Leverage Via Subscription Line Financing
In a refreshing development, a private equity con, subscription line financing, is so extreme that members of the industry are opposing it.
Read more...Trilemmas and Financial Instability
Examining national policy tradeoffs in a world of perhaps too much in the way of free and easy international money movements.
Read more...How a Banking Union Has Created Deep Divisions that Undermine the Eurozone’s Stability
How the new European banking reforms have weakened stability and hurt some countries, particularly Italy, while helping German banks.
Read more...Are the Latest Russia Sanctions Really About Forcing US LNG on Europe?
Why Germany and other European countries are not on board with the latest round of proposed sanctions against Russia.
Read more...Is Uber About to Take SoftBank for a Ride?
What to make of the rumor that SoftBank is interested in investing in Uber.
Read more...John Helmer: Jared Kushner’s Testimonial to Stupidity and Unfitness – American and Russian
Why Jared Kunsher’s statements in Senate testimony demonstrate that he is unfit to play an official role.
Read more...Why CalPERS’ Scheme for an “Independent” Private Equity Entity Is the Wrong Solution to the Problem of Weak Skills
Further discussion of why CalPERS’ latest Big Idea for private equity needs a Big Rethink.
Read more...CalPERS Board Uncomfortable With Staff’s “Fire, Aim, Ready” Plan to Create Unaccountable Private Equity Vehicle
CalPERS’ staff is trying to railroad the board with a not-very-well-thought out idea of an “independent” private equity venture.
Read more...Reminder: Please Join Our San Francisco Meeup This Tuesday, July 18
Calling all Bay Area readers: Hope you can stop by our meetup this Tuesday!
Read more...Please Come to Our Los Angeles Meetup This Saturday, July 15
If you live in the Los Angeles area, please stop by our meetup this Saturday afternoon.
Read more...Visa Trying to Bribe Merchants to Stop Taking Cash
The latest chapter in the War on Cash.
Read more...National Audit Office Warns of Brexit Customs IT Train Wreck….Nine Months After Naked Capitalism
Yet another big Brexit disaster in the making.
Read more...Monetary Sovereigns, Monetary Subjects: Modern Money & The Criminal Legal System
On the connection between money, and in particular monetary sovereignity, and the criminal justice system.
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