China Banks in 2017: No Rebound in Sight, Rising Risks for Smaller Banks
Why there is no cause for cheer on the China banking front.
Read more...Author Archives: Yves Smith
On Comments
Some remarks about recent heated discussions in comments.
Read more...How Universities Are Increasingly Choosing Capitalism Over Education
How universities have come to operate less in interest of the public and more and more as private enterprises.
Read more...Are 401(k)s Contributing to the Growth of the Outsourcing of Jobs?
Yet another reason to regard 401(k)s as a failure….
Read more...Don’t Side With Neoliberalism in Opposing Trump
If you side with neoliberalism in opposing Trump, you risk helping him win a second term in office.
Read more...Links 2/4/17
Greenland Ice Sheet Melting 600 Percent Faster Than Predicted by Current Models
The faster-than-expected melt of the Greenland ice sheet is yet another example of climate models proving to be too conservative.
Read more...Is Inequality a Political Choice?
International comparisons on inequality do not put the US in a good light. Quelle surprise!
Read more...Links 2/3/17
Wolf Richter: Central Banks Quietly Backing Out of Negative Interest Rate Policies (NIRP)
Are central banks finally beating a retreat on their failed NIRP strategies?
Read more...“The End of Employees”
Why business expect to have even fewer employees.
Read more...Why the “Maximize Shareholder Value” Theory Is Bogus
Why the bogus shareholder value theory of corporate governance needs to die.
Read more...Rex Tillerson Backs Aggressive Policy in Disputed South China Sea as Exxon, Russia Eye Region’s Oil and Gas
Oil may be a big reason behind the Trump Administration’s aggressive stance towards China’s territorial claims in the South China Sea.
Read more...Border Adjustment Tax Could Help Europe Find Common Voice on Trump
Europeans mull retaliation if Trump moves forward with his border adjustment tax.
Read more...Gaius Publius: Should Progressives Let Corporate Democrats Lead and Be the Face Of the Resistance?
Why corporate Democrats are not your friends.
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