Author Archives: Yves Smith
Why Extreme Inequality Causes Economic Collapse
A look at how rising inequality becomes systemically destructive.
Read more...Wolf Richter: “Seriously Delinquent” Auto Loans Surge
Auto loans are have been looking awfully bubbly….and the hangover has begun.
Read more...When the IMF Evaluates the IMF
A recap of where the IMF admits that it screwed up. Also points out how the IMF overlooked a core methodology prone to errors and gaming.
Read more...Links 2/17/17
Wearing White: What Resistance Looks Like in America’s Heartland
A labor struggle in South Bend as a window into unions’ ongoing resistance to corporate greed.
Read more...Grantham: ‘Twas Capitalism That Killed Capitalism
How capitalism became disconnected from social good, leading to hope for a “strong leader” will take on the rich and powerful.
Read more...Gaius Publius: Field Notes from the Battle Within the Democratic Party
Needless to say, the real war within the Democratic party is about who gets to feed at the trough.
Read more...Can Uber Ever Deliver? Part Eight: Brad Stone’s Uber Book “The Upstarts”– PR/Propaganda Masquerading as Journalism
By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Brad Stone’s new book “The Upstarts,” is subtitled “How Uber, Airbnb, […]
Read more...No, Trump Isn’t Imploding — But the Opposition Is Broad and Intense
A look beyond the headline noise to gauge how Trump is faring with the public
Read more...The CFPB’s Big Opponent, Jeb Hensarling, Rivals Trump in the “Make Stuff Up” Category
House Financial Services Committee chairman Jeb Hensarling takes his best shot at the CFPB and fails to land a single blow.
Read more...2016 Post Mortem: How Associated Press Reporter Lina Lerer Repeatedly Sandbagged Sanders
An in-depth study of Associated Press reporter Lina Lerer’s work during the 2016 Democratic primary shows a marked anti-Sanders slant.
Read more...Links 2/15/17
In California Farm Country, Trump’s Deportation Threat Looms Large
A closer look at America’s dependence on de facto sanctioned but nevertheless illegal farm workers,
Read more...“Civil Rights Groups” Throw Public Under the Bus on Net Neutrality for Their Big Telco Donors
How the big telcos have bought off so-called civil rights groups, who are pushing hard to end net neutrality.
Read more...