Author Archives: Yves Smith
Wolf Richter: Financial Chaos, Junk Bond Edition
Junk bonds are at 2008 bottom levels by some measures. But are they a bargain, or a falling safe?
Read more...For First Time In Years, Labor Resistance Is on the Rise in America
Is the rise in labor unrest in 2015 a harbinger or mere noise in the data?
Read more...Should Argentina Now Pay the Ransom to Its Hostage-Takers?
Argentina’s vultures keep pressing for higher and higher settlement terms, while giving the impression that at some point they would settle. What is the end game?
Read more...Links 2/12/16
Bill Black: The Inaugural Financial Fraud Lemons of the Week Award Goes to DOJ
The inaugural lemons of the week award goes to the DOJ for depicting its humiliating settlement with Morgan Stanley as a triumph.
Read more...Eurobanks: The Probable Point of Failure as Systemic Stress Rises
Why Eurobanks are the most likely fracture point if current economic stresses continue.
Read more...Gaius Publius: Michelle Alexander, the Black Community & the Hillary Clinton Campaign
Michelle Alexander and some other black political and opinion leaders challenge knee-jerk loyalty to Hillary Clinton. Will these doubts spread?
Read more...The Hidden Agenda Behind Saudi Arabia’s Market Share Strategy
Were the Saudis actually not targeting the US shale industry or did their original plans misfire?
Read more...Can Mass Migration Boost Innovation and Productivity?
Mass migration is getting a bad rap. Is it entirely deserved?
Read more...Links 2/11/16
Former Central Banker William White on the Failure of QE, Danger of Negative Interest Rates
Former Bank of International Settlements chief economist William White criticizes central bank policies sharply, particularly negative interest rates.
Read more...Online Public Schools Are a Disaster, Admits Billionaire, Charter School-Promoter Walton Family Foundation
Online public schools now assume a surprisingly large role and do a terrible job, providing yet more proof that charter schools are about looting, not education.
Read more...Bill Black: Whistleblowers’ Plan Is Hillary’s Pragmatic Opportunity to Live Up to Her Word on Bank Reform
Will HIllary take the pragmatic step of adopting the Bank Whistleblowers United reforms?
Read more...France To Build 621 Miles Of Solar Roads
Solar roads sound too “gee whiz” to work. But it would be terrific if they did.
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