Author Archives: Yves Smith
CBO Confirms Trump Budget Law Will Trigger Over $500 Billion in Automatic Medicare Cuts
Tax breaks for billionaires are set to force over half a trillion dollars in Medicare cuts.
Read more...How Much Energy Does ChatGPT’s Newest Model Consume?
ChatGPT’s environmental destructiveness is increasing by leaps and bounds.
Read more...‘Alternative Facts’ Aren’t a Reason To Skip Vaccines
Just because RFK, Jr. is wrong on vaccines does not make vaccine orthodoxy correct.
Read more...Peak Neoliberalism: Wall Street Journal Pearl-Clutches Over Lack of Mobility Due to High Housing Costs, Insufficient Pay
The Journal laments how mobility has fallien while averting its eyes from how neoliberalsm and rentierism are the drivers.
Read more...Exactly What Is in the Ivy League Deals with the Trump Administration – and How They Compare
Details on some of the Trump agreements with top universities, such as the gap between the antisemitism bludgeon and what Trump got.
Read more...Cancer Super-Survivors May Hold Keys to New Treatments
Researchers typically ask why people get cancer. What if they studied why some survive — or never develop the disease?
Read more...Sanders Bill Would Fight Trump Effort to ‘Dismantle Social Security’
A Sanders effort to preserve Social Security shows some of the Trump vectors of attack.
Read more...James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check
James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access
Read more...Thomas Neuburger: Our Lawless Elites
Tracing the increased concentration of power in our elites, and how Trump is in the process of consolidating it in his person.
Read more...Iran and Russia Vow to Block U.S. Caucasus Ambitions
How the much-bruited Trump Caucasus deal, meant to cause trouble for Iran and Russia, is only a napkin doodle and may never be more than that
Read more...Putin-Trump Summit: Press and Collective West Political Hysteria Escalates as Russia Makes Large, Significant Advance Near Pokrovsk
Trump beats a big retreat in what he expects from the Putin summit even as Russia scores a major battlefield breakthrough.
Read more...“Could 2008 Happen Again?”
Private debt levels, particularly for real estate, look evocative of the 2008 crisis. But how is a rerun likely to differ?
Read more...‘Israel Has Succeeded in Killing Me’: Journalist Anas Jamal Al-Sharif’s Last Words
An Israeli air strike killed Palestinian journalist Anas Jamal Al-Sharif and four Al Jazeera colleagues.
Read more...