Author Archives: Yves Smith
Will the Germans Derail the Tentative Greek Third Bailout?
Human dynamics, which over time played right into the Germans’ and other hardliners’ hands in the earlier chapters of the Greek bailout talks, may now be working against them.
Read more...Glen Ford and Bruce Dixon on #BlackLivesMatter and the Black Misleadership Class
Glen Ford and Bruce Dixon of Black Agenda Report discuss how BlackLivesMatter seems to be abandoning its campaign against police brutality to become a tool of the black misleadership class.
Read more...Our Bloomberg OpEd on Public Pensions’ Failure to Stand Up to Private Equity Stealing and Other Abuses
Bloomberg runs our op ed on how private equity investors have been so feckless that they deserve to lose their accredited investor status.
Read more...Turbulence and Stability in Financial Markets: China in Recent Times
China is a case study of how liberalization of financial markets has never contributed to stability.
Read more...Links 8/12/15
Australian Trade Minister: TPP “Trade” Deal Unlikely
When a Liberal government in Australia won’t back Obama’s “deal is near” party line on the TPP, you know it’s on the verge of being officially dead.
Read more...Tom Engelhardt: Where Did the Antiwar Movement Go? War, Vietnam and Today
How shocking images of the Vietnam war helped stoke the antiwar movement of the 1960s, and how we’ve since become inured to them and the horrors of war generally.
Read more...Saudi Oil Strategy: Brilliant Or Suicide?
Does it make sense to look at the Saudi strategy within the oil industry alone, or do analysts need to start factoring in deflationary economic policies around the world?
Read more...The Decline in Market Liquidity
While the Fed isn’t worried about the fall in market liquidity, experts argue that if investors make abrupt changes in their portfolios, the lack of liquidity could produce a crisis.
Read more...Links 8/11/15
Greece Says It Has Reached a Deal with Creditors; New Research Says Germany Comes Out Ahead from Lending to Greece Even with 100% Default
Greece and its creditors have reached agreement on key terms for a so-called “third bailout”
Read more...Clinical Trial Transparency Effort Encounters Deafening Silence in US Launch; Agnotology or Anechoic Effect?
A successful initiative in the UK to obtain more registration and publication of clinical trial data has had its US launch utterly ignored , not simply the mainstream media but also the logical suspects in the medical trade press and scholarly journals..
Read more...Frack Now, Pay Later: A New Era In U.S. Oil?
Oilfield services providers like Halliburton and Schlumberger are so desperate to keep the fracking party going that they are extending credit to already-levered frackers.
Read more...Leading Pension Consultant PCA Shills for Private Equity Firms in CalPERS/CalSTRS Carry Fee Row
Pension consulting firm PCA tells some real howlers in trying to defend the failure of public pension funds like CalPERS to report the “carry fees” they pay.
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