Author Archives: Yves Smith
The IMF, Globalization, and All The Other Losers
A case for why the end of growth equals the end of all centralization, including globalization.
Read more...Michael Hoexter: A Pocket Handbook of Soft Climate Denial
More on soft climate denial: acknowledging that climate change is a serious threat but being unwilling to take sufficient steps to combat it.
Read more...Be Sure to Catch Lambert’s Presidential Debate LiveBlog/Open Thread Tomorrow at 9 PM EDT
Lambert is again putting on his yellow waders to host another debate confab. Hope you will join him!
Read more...The CETA Trade Pact Will Add to the Groundswell of Discontent: Why We Need More Informed Decision-Making
Why citizens are correct to be worried about trade deals like CETA and the TTIP.
Read more...Links 10/7/16
Latest Social Democracy, the “Third Way,” and the Crisis of Europe, Part 2
How reformers and labor leaders were co-opted by capitalists waving the Third Way banner.
Read more...After 30 Years of Investing in Private Equity, Washington Decides That It Might Help if Its Board Knew What It Was Doing
Yet more confirmation of the dirty secret of private equity: the investors are way out of their depth.
Read more...Calling All Wells Fargo Whistleblowers!
We have published extensive whistleblower reports and encourage former and current Wells Fargo who’ve witnessed sales abuses to contact us.
Read more...Are Our Earnings Really Our ‘Just Deserts’?
Why the idea that wages represent “just deserts,” as in the individual’s contribution to social output, is bunk.
Read more...The Quiet Desperation of Millennials
A new survey on the outlook of Millennials finds they are not happy campers, and for good reason.
Read more...The Brexit Rupture Coming Down Under
Now that the Conservatives are showing more resolve about moving ahead with Brexit, even politicians in Australia are changing course.
Read more...We’re Past the Point of No Return for Climate Change
On why the case for combatting climate change is more urgent than ever, and what can be done about it.
Read more...Don Quijones: Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’
As Monte dei Paschi flounders, details of past chicanery emerge, implicating Deutsche Bank, Normura, the Bank of Italy, and Maro Draghi.
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