Author Archives: Yves Smith

A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey’s New Report

A McKinsey report focusing on an extremely high job vacancy ratio in recent years cherry-picks data about the state of the U.S. labor market.

Devastation in Gaza Poses an Increasingly Serious Problem for Starmer

“Starmer’s stance on Gaza has already reduced support for Labour – and that will only worsen in the coming months”

Michael Hudson: World Shaking Up! Epic Political & Economic Earthquakes

Michael Hudson reviews the commitments made at the recent NATO and SCO gatherings and what they mean for changes in the world order.

Links 7/13/2024

How Far Goods Travel: Global Transport and Supply Chains from 1965-2020

A detailed looks at trade patterns and supply chains over the last 50+ years.

The Future May Not Be As Electric as We Think

Is there a ceiling to electric vehicle uptake? And even worse, is that lower than many assume?

Climate Change Is Coming for Hospitals

Many hospitals will have their operations interrupted and/or degraded by climate change. What to do?

New Agenda of Russia-India Relations

Modi and Putin had a bear hug earlier this week. Some context on India-Russia dealings and US upset about them.

Biden Twists in the Wind as Big Donors Close Wallets, Party Criticism Persists Despite Clampdown, and Pelosi Questions His Decision to Continue

Despite reports of ruthless Biden efforts at containment, calls for him to withdraw from the 2024 race grow.

“Tariffs Don’t Protect Jobs. Don’t Be Fooled.”

More discussion of tariffs as the US is using to whack Chinese imports, above all EVs.

Something Rotten in the State of Albion

A look at Britain’s image versus its conduct.