Author Archives: Yves Smith
Frances Coppola: Rethinking Government Debt and Monetary Sovereignity
Debunking the uniformed and regularly hysterical mainstream treatment of government debt and deficits.
Read more...More Proof That Economic Policies Have Failed Workers: Median Real Incomes Stagnant for Last Two Decades
Sometimes one chart really does tell you what you need to know.
Read more...John Helmer: MH17 – Inadmissible Evidence
John Helmer continues with his discussion of the considerable gaps in information regarding the MH17 crash, and how some of the evidence is missing by virtue being withheld from the public, as opposed to not available
Read more...CalSTRS, Maryland Fund Private Equity Players Seeking Profits in the Refugee Crisis
Private-equity-backed providers undercut charities in providing refugee services. It’s not hard to imagine how the results are coming in.
Read more...Links 9/16/15
Why You Should Care About CalPERS’ Staff’s and Board’s Incompetence in Private Equity and What You Can Do About It
Why you need to help CalPERS kick its bad private equity habits.
Read more...Chris Hedges and Leo Panitch: We are All Greeks Now
Leo Panitch and Chris Hedges discuss how nature of imperialism today is financial power.
Read more...Low Unemployment with Falling Capacity Utilization… Not a Good Sign for Fed Liftoff
Why the Fed should delay its long-anticipated “liftoff”.
Read more...Links 9/15/15
Lehman Anniversary: A Reminder That the SEC Needs Someone a Lot Better Than Mary Jo White as Chairman
It is time for Mary Jo White to go.
Read more...Corbynomics 101: A Guide to People’s QE (PQE)
Why the three big charges commonly made against Corbyn’s “People’s Quantitative Easing” or PQE, are all wet.
Read more...John Helmer: MH17 – Dutch Prepare Missile Attack on Moscow
The Dutch Government has decided to launch a missile attack on Moscow in October. By suppressing all evidence obtained from the bodies of victims of the crash of Malaysian Airlines MH17, officials of the Dutch Safety Board and associated Dutch military officers, police and prosecutors are preparing to release a report on the crash with a gaping hole in its veracity.
Read more...Perry Mehrling: What Does Repo Do? And Can We Do Without It?
Repo is the system that failed during the financial crisis, leading the Fed to ride to banks’ rescue. Is repo any safer now?
Read more...Credit Rating Agencies and Brazil: S&P as Neoliberal Enforcer
Mind you, the rating agencies are far from the only neoliberal enforcers as far as emerging economies are concerned. But it is nevertheless instructive to compare an official rationale with data.
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