Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
Read more...Author Archives: Yves Smith
After Supporting Treasurer Chiang’s Private Equity Transparency Bill in Public, CalPERS Gutted It Behind the Scenes
Yet more evidence of CalPERS’ chicanery on behalf of the private equity industry.
Read more...Gaius Publius: Two Ways of Looking at a Plagiarism
Trust me, this post on Melania Trump’s plagiarism does not go where you expect it to go.
Read more...Draghi Supports Bailout of Italy’s Banks
Draghi backs an Italian bank rescue, but that does not settle the issue.
Read more...What Next for the EU?
An informative, high-level overview of how the EU got to where it is now, its internal contradictions, and the prospects for resolving them.
Read more...Links 7/21/16
Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks
How rising numbers of the new lumpenproletariat, meaning contingent and least-paid workers, are reshaping economies and politics.
Read more...Uncovered California: Why Millions Have Fallen Into Health Care Gaps
How Covered California, the best Obamacare implementation in the US, still falls well short of its promise.
Read more...CalPERS Reported That It Made Less in Private Equity Than Its General Partners Did (Updated: As Did CalSTRS)
CalPERS clearly made less on its private equity investments last year than its so-called partners did.
Read more...The Peak Oil Paradox – Revisited
By Raúl Ilargi Meijer, editor-in-chief of The Automatic Earth. Originally published at Automatic Earth It’s been a while since we posted an article by our friend Euan Mearns, who was active at The Oil Drum at the same time Nicole and I were. Is it really 11 years ago that started, and almost 9 since […]
Read more...Links 7/20/16
More Doubts About Brexit Fantasies
The UK still appears to be ignoring the EU’s negotiating boundaries on Brexit.
Read more...Sanders Delegation Plotting in Public and Secretly to Shake Up Democratic Convention
Many Sanders delegates are planning rearguard actions at the Democratic convention.
Read more...Bullish Economists Are So Yesterday
The confidence fairy is having trouble getting liftoff.
Read more...How California Targets Poor People of Color for Profit
California cities take a page from the Ferguson playbook: targeting poor minority group members people for fines, in this case traffic fines.
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