Author Archives: Yves Smith
Will China Be the Enforcer of the Paris Climate Agreement?
Yves here. While China has made impressive strides in technologies that reduce carbon emissions, I have trouble squaring that with their plans to build more coal-fired electricity generating plants. By Gaius Publius, a professional writer living on the West Coast of the United States and frequent contributor to DownWithTyranny, digby, Truthout, and Naked Capitalism. Follow […]
Read more...Michael Hudson: The IMF Changes its Rules to Isolate China and Russia
How the West is deploying the IMF to fight the nightmare scenario of US geopolitical strategists: foreign economic independence from the US.
Read more...We are Nine Years Old
A short retrospective and a long list of thanks as this site turns nine years old.
Read more...White America’s Toxic Ignorance: Abigail Fisher, Antonin Scalia and the Real Privilege That Goes Unspoken
The fact that Scalia argues against affirmative action comes close to serving as proof that it is sound policy, or at least less bad than the alternatives.
Read more...The Fed’s New “Operation Twist”: Twisted Logic for Bank Profits at the Expense of the Real Economy
How did Janet Yellen and the Federal Reserve justify their rate increase now, despite strong signs that there is little economic basis for doing so?
Call this an exercise in twisted logic, plain and simple.
Read more...How Managerialsm/ Generic Management Damaged the American Red Cross
“Managerialism” is a form of looting: coast on an established brand name and goodwill while degrading the actual service in order to pay the top executives more.
Read more...How Much Oil Is Needed To Power Santa’s Sleigh?
The question “What would Santa’s fuel bill for his annual deliveries be?” makes for an interesting case study of problem solving.
Read more...Why We Brits Should Vote for Brexit
Why England would be better served by leaving the European Union.
Read more...Links 12/16/15
Latinos Live Longest Despite Poverty. Here’s Their Secret
Contrary to conventional wisdom, poor, fresh to the US Latino immigrants are healthier than Latinos born here. Why?
Read more...Bill Black: A “Jihadist” Against the Banks?
More proof that the Department of Justice is working for Big Finance: it tried to discredit Bill Black’s testimony by calling him a “jihadist”.
Read more...John Helmer: Australian Police, Dutch Prosecutors Break with Dutch Safety Board at First Coroner’s Court Inquest on MH17 Crash
Australian police and Dutch prosecutors do not agree with the Dutch safety board’s claim that they have proven that MH17 was brought down by a BUK missile.
Read more...Pensions & Investment Editorial Savages Trustees for Failing to Perform Fiduciary Duty Over Private Equity Fees
Pensions & investments, in an astonishingly outspoken editorial, excoriated fund trustees for failing to perform their fiduciary duty and called for sanctions.
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