Author Archives: Yves Smith
Climate Change and Hard Labor: The Rising Toll on Outdoor Workers
Governments and employers are slow to adapt to the risk to workers of higher outdoor temperatures.
Read more...Despite the Recession-Emergency-Rate-Cut Buffoonery, the Services Sector Expands Strongly on Growth in New Orders & Employment. Inflation Pressures Still On
Services are two-thirds of the economy; as long as they’re firm, the economy will plug along just fine, even as manufacturing stalled
Read more...Hoisted from Comments: Is Intel Going Down the Boeing Path?
Why Intel’s prospects are even worse than its stock price plunge and worried press accounts suggest.
Read more...Satyajit Das: The Middle East’s Dance of Death – Part 1: Deluge
A long view of the conflict in the Middle East.
Read more...Links 8/3/2024
Uncovering Dark Oxygen: Deep-Sea Discovery Challenges Scientific Assumptions
Yves here. We linked to reports of the discovery of so-called dark oxygen, but we did not realize that this finding could argue for restricting deep sea mining. By Felicity Bradstock, a freelance writer specializing in energy and finance. Originally published at OilPrice Potato-shaped metallic nodules deep under the Pacific Ocean produce oxygen in complete […]
Read more...The Shocking Truth Behind the End of Financial Colonialism
Another take on the slow unraveling of the Western-dominated order, here seen as a repudiation of colonialism.
Read more...Eyepopping Factory Construction Boom in the US Reaches New Highs Amid Big Corporate & Strategic Rethink
New factory building shows that reshoring plans are translating into action. But how many will produce successful operations?
Read more...Israel: Armageddon?
Israel, as John Mearshimer put in in a new post, has gotten itself in deep kimchee. Who else will it drag into its desperate mess?
Read more...Ninety Pre-Election Days in Two Charts
Election statistical models performed poorly in the US this year. That’s to be expected when faced with tail risk events.
Read more...Wildfires Can Create Their Own Weather, Further Spreading the Flames − An Atmospheric Scientist Explains How
A worked example of how human activity does not just have direct environment effects but also feedback loops, here on weather.
Read more...How Kamala Harris Sold Out Struggling Homeowners to Save Banks in 2012 and Then Lied About It
Kamala is under scrutiny for policy flip-flops. Even worse is her lying about the badge of shame known as the 2012 National Mortgage Settlement.
Read more...Michael Hudson & Jill Stein: Israel Just Crossed Hezbollah And Iran’s Red Line: WWIII Looms
Israel has just greatly upped the ante with assassinations in Tehran, Beirut, and possibly a third in Damascus. How will the Axis of Resistance respond?
Read more...Repaying Bank Loans Destroys Money
Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.
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