Michael Hudson: The IMF Changes Its Rules….for Ukraine
The IMF has now been drawn into the U.S. Cold War orbit.
Read more...Author Archives: Yves Smith
Is France Building an Apartheid State?
In France, members of Arab and African communities languish in a spiral of poverty, relegated to second-class citizenship and physically separated through deliberate planning.
Read more...How CalPERS Fails to Use Its Leverage in Private Equity
CalPERS ‘ belief that it cannot change the rules of the game in private equity is a symptom of learned helplessness, not power relationships.
Read more...How CalPERS Violated California Open Meeting Laws to Stifle Private Equity Skeptics and Keep the Board in the Dark
If CalPERS breaks the law routinely and casually to silence private equity skeptics, what is it capable of doing when the stakes are higher?
Read more...Links 12/8/15
The Internet of Things – Supplied or Demanded?
An intriguing comparison of how the Internet of Things is being sold in the US and Japan.
Read more...The Importance of Wealth Concentration and Why It is So Difficult to Measure
As bad as available data says wealth concentration is, it is probably even worse.
Read more...Guess What? You Can Pay $600 a Month to be Homeless in San Francisco
Being homeless in San Francisco is not necessarily a bargain.
Read more...Stream and Podcast for Our Chat with Harry Shearer on Le Show are Up!
Listen to the stream or download the podcast from our interview with Harry Shearer last weekend. It’s gotten high marks.
Read more...Wolf Richter: US Exports & Manufacturing Debacle Covered up by Oil
What the regional manufacturing indices have been saying loud and clear for months have gotten further confirmation….
Read more...Links 12/7/15, Pearl Harbor Day
Former California Official Blasts CalPERS CEO Anne Stausboll for “Betrayal of Trust”
A former state official shreds the process CalPERS used to hire scandal-ridden Florida attorney Robert Klausner as fiduciary counsel.
Read more...Even Bank Supporters Arguing for Restoration of Glass Steagall
John Dizard, who perhaps by virtue of being one of the Financial Times’ most original and insightful columnists, is relegated to its weekend “Wealth” section, has written a particularly important pair of articles. Note that Dizard’s ambit is not policy wonkery but apt and often cynical observations about behavior and trading patterns in less visible […]
Read more...Bond, Treasury Bond: 007 is Out of Cash, but Your Government Can’t Be
So now even austerity is getting product placement in movies….
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