Articles by Yves Smith - Page 706 of 1556

Dollar Dominance: Deconstructing the Myths and Untangling the Web

It is not dollar hegemony that rules the world, but the global financial system which gives the dollar its place of privilege.

Private Equity Made Bad Bet on Ships, Hit by Collapse in China Trade

Private equity’s misadventure in ships is yet another proof of both hubris and too much money looking for deals.

The Opposition to Guidelines Discouraging Overuse of Narcotics

How stealthy groups with ties to Big Pharma are lobbying to stymie proposals to stop the overprescription of opoids.

Louis Proyect: Greece as Rashomon

Like Akira Kurosawa’s “Rashomon”, the story of Syriza is also one about a rape told from different, self-serving and contradictory perspectives.

Wolf Richter: America’s Largest Utility Jacks up Rates the Most Since 2006 Despite Total Collapse of Natural Gas Prices

PG&E, America’s biggest utility, is a case study in the power of monopoly and regulatory capture.

The Obama Report Card: The Good, the Bad and the Incomplete

Why are so many people in the soi-disant left who are not career progressives, meaning not part of the Vichy Left, so cautious about calling out Obama’s failures?

John Helmer: Putin’s Supper for the Oligarchs – Who’s in the Family, Who’s Out?

What Putin’s annual dinner says about his “almost family”.

Michael Hudson: The Top Three Economic Stories of 2015

Yves here. I beg to differ a tad with Hudson in this Real News Network video regarding his third economic story. The US had already pushed Europe to side with it against Russia when it hit Russia with economic sanctions. The US had similarly declared an economic war of sorts against China with its “pivot […]