As Trump’s bumbling threats continue to alienate the US in Latin America, China is increasingly determined to hold its ground in the US’ so-called “backyard”.
Recent Items
Saturday, August 23, 2025
Washington and Beijing’s Mexican Standoff
Topics: Guest Post
Posted by Nick Corbishley at 6:47 am | 8 Comments »
A Pox on Optimism!
Why I have had it with optimism.
Topics: Social values, Summer rerun
Posted by Yves Smith at 2:28 am | 61 Comments »
Thomas Neuburger: Rethinking Collapse
Your humble blogger has difficulty with the thesis of this post: “What if collapse is the road to more humane life?”
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Politics, Social values, Technology and innovation
Posted by Yves Smith at 1:00 am | 60 Comments »
When Politics and Finance Merge, Truth Surpasses Fiction
In the West, politics and finance run separately; in the East, they merge. That’s why politics there matters more and political fictions are absent.
Topics: Coffee Break, Free markets and their discontents, Politics
Posted by Curro Jimenez at 2:00 pm | 40 Comments »
Financial Times and Stanford Business School Describe How Private Equity Investors Like CalPERS Act Like the Dumb Money They Are
More on how private equity investors like CalPERS willingly go along with their victimization.
Topics: Investment management, Investment outlook, Politics, Private equity, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 9:55 am | 9 Comments »
Links 7/24/2025
Topics: Links
Posted by Conor Gallagher at 6:00 am | 162 Comments »
Satyajit Das: Parsing President Trump’s Real Agenda
Divining the decision rules that guide Trump’s actions.
Topics: Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Politics
Posted by Yves Smith at 5:55 am | 33 Comments »
Adams Asks Feds to Probe Conditions at Designed-to-Evade Supervision ICE Lockup in Manhattan
ICE lawbreaking continues yet pressure on NYC Mayor Adams so far has elicited only a wet noodle lashing.
Topics: Globalization, Guest Post, Legal, Politics, Ridiculously obvious scams, Social policy, Social values
Posted by Yves Smith at 3:34 am | 11 Comments »
The Incredible Impact of Ozzy Osbourne, from Black Sabbath to Ozzfest to 30 Years of Retirement Tours
We depart from our usual programming to commemorate the death of Ozzy Osbourne.
Topics: Curiousities, Guest Post, Social values
Posted by Yves Smith at 3:00 am | 38 Comments »
Coffee Break: Gaza as Dress Rehearsal for War With China
The U.S. military legal establishment has big plans to use Gaza as a model for future large-scale conflicts, including with China.
Topics: China, Coffee Break, Middle East
Posted by Nat Wilson Turner at 2:00 pm | 52 Comments »
How Can the Democrats Win Back the Working Class? Economic Populism
A new report finds that championing progressive economic policies can reverse the exodus of working class voters from the Democratic party.
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 41 Comments »
Links 7/23/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 155 Comments »
“How Much Longer Can We Trust Our Economic Statistics?”
Trump budget whackage will further degrade the quality of official statistics. And that really does matter.
Topics: Banana republic, Dubious statistics, Economic fundamentals, Investment management, Investment outlook, Politics, Ridiculously obvious scams, The dismal science
Posted by Yves Smith at 6:53 am | 29 Comments »
Abundance of Accelerationism: Democrat Rebrand Promises to Keep Foot on the Breakdown Gas
If Elon Musk were to really start his own political party, would that signal that the donor class no longer has any use for the Democrats?
Topics: Global warming, Income disparity, Infrastructure, Macroeconomic policy, Politics, Privatization, Ridiculously obvious scams, Social policy, Social values, Surveillance state, Technology and innovation
Posted by Conor Gallagher at 6:00 am | 44 Comments »
What the World Can Learn from Uruguay as the Global Housing Crisis Deepens
Cooperative housing has been a big success in building affordable housing in Uruguray. But can this model be exported to the US?
Topics: Free markets and their discontents, Guest Post, Income disparity, Politics, Real estate, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:55 am | 8 Comments »