Author Archives: Yves Smith
Fast Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy
How the TPP, if passed and implemented, would create profound governance changes in the United States without benefit of the constitutional amendments that would normally be required to accomplish such changes.
Read more...Angela Merkel’s NSA Nightmare Just Got A Lot Worse
Angela Merkel could be in serious trouble, after revelations that Germany’s national intelligence agency, the BND, has been spying on key European assets on behalf of US intelligence.
Read more...Obama Bribes Abe to Support the TPP by Unleashing Japanese Military
Obama’s bribe to Abe, of a more muscular Japanese military, has won him over but won’t play as well in Japan and will go down worse in China.
Read more...Links 5/1/15
How Much Did Your Economy Suffer in the First Quarter?
We poll members of the commentariat for readings on the state of their local economy.
Read more...Insurance in Extended Families
Yves here. Color me appalled by the premise of this post. It starts from the assumption that social safety nets are bad because they crowd out “informal institutions” namely family, as the insurer of the last resort. Note it may be unfair to single out this post, since the authors are addressing an apparently conventional […]
Read more...How Shale Is Becoming The Dot-Com Bubble Of The 21st Century
The parallels of the dot com era with the shale boom are simply stunning as most E&P companies need to spend well over their operational cash flow.
Read more...Ridiculing Concerns About TPP Tyranny
Yes, Virginia, the TPP is at least as bad as its critics say it is.
Read more...Links 4/30/15
We Made an SEC Private Equity Whistleblower Filing
We made an SEC whistleblower filing based on an astonishing admission by a private equity firm, Riverside Partners.
Read more...Witnessing A Fundamental Change In The Oil Sector
The U.S. oil production decline has begun.
Read more...Why Syriza Failed
Syriza has failed because it does not believe in governing along the lines of what it promised unless it is easy to do so.
Read more...John Helmer: Ukraine Readies Itself for War When No One Wants to Pay for It
The IMF is finding it hard to put enough lipstick on the pig of financing Ukraine.
Read more...Wolf Richter: Manufacturing Falls Apart in the Middle of the US
Key manufacturing indexes in the heartlands are flashing red.
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