East and Gulf coast dockworkers are about to strike against low wages, unsafe working conditions and the threat of automation while the ruling class demands Collective Biden to intervene.
Recent Items
Sunday, September 14, 2025
Brown Bananas, Crowded Ports, Empty Shelves: What to Expect if There’s a Big Dockworkers Strike in the US
Topics: Globalization, Guest Post, The destruction of the middle class
Posted by Conor Gallagher at 5:00 am | 23 Comments »
UPDATED: Hezbollah Confirms Nasrallah Is Dead; Netanyahu Condemned Over Massive Beirut Bombing
While Hezbollah’s leader Hassan Nasrallah survived an attack in Beirut, Israel may still get the regional war it wants.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 8:03 am | 274 Comments »
Links 9/28/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 127 Comments »
TaxCast on Green Laundering, Combatting Big Corporate Tax Dodging with Joseph Stiglitz, EU Competition Minister Margrethe Vesterger
A look at corporate misbehavior, here extreme tax avoidance and green laundering, and the progress of efforts to combat it.
Topics: Environment, Europe, Global warming, Guest Post, Politics, Taxes
Posted by Yves Smith at 3:21 am | 4 Comments »
2:00PM Water Cooler 9/27/2024
~ Today’s Water Cooler: Politics, syndemics; Friday charts: The election (tied), and Covid (improved); Kamala’s speeches on economics; New 737 malfunction (rudder pedals) discovered as negotiators back at the table ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 103 Comments »
Fall Fashion’s Economic Forecast
A sampling of fall/winter women’s frocks does not make for an upbeat economic forecast.
Topics: Economic fundamentals, Guest Post, Income disparity, Investment outlook
Posted by Yves Smith at 9:57 am | 41 Comments »
Links 9/27/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 124 Comments »
Quelle Surprise: Ecuador’s US-Born President, Daniel Noboa, Plans to Scrap Constitutional Ban on Foreign Military Bases
During his first ten months in power, Noboa has done everything he can to place Ecuador even more firmly under Washington’s thumb.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 11 Comments »
Is It Climate Change or Genocide?
The case that the elite lack of willingness to address climate change amounts to genocide.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Politics
Posted by Yves Smith at 4:08 am | 48 Comments »
Progressives Sound Alarm as Harris Courts Crypto Industry
“Crypto is a haven for businesspeople with nefarious or criminal intent.”
Topics: Free markets and their discontents, Guest Post, Politics, Ridiculously obvious scams, Taxes, Technology and innovation
Posted by Yves Smith at 2:33 am | 35 Comments »
2:00PM Water Cooler 9/26/2024
~ Today’s Water Cooler: Politics, syndemics; Kamala’s speeches on the economy (transcripts); Election integrity; Negotiations restart at Boeing, as suppliers and customers begin to feel pain; Potential good news on the nasal spray front (albeit a mouse study) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 87 Comments »
Desperate-Looking Biden Administration Attempt to Get 21-Day Israel-Lebanon Ceasefire
Yet another Biden-Blinken ceasefire fantasy makes headlines.
Topics: Doomsday scenarios, Media watch, Middle East, Politics
Posted by Yves Smith at 12:00 pm | 58 Comments »
Links 9/26/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 125 Comments »
CBO: GOP Social Security Plan Would Cut Benefits by Thousands, Not Extend Solvency
The CBO releases an analysis of a Project 2025-adjacent plan to reduce Social Security benefits. The “reforms” don’t improve fund solvency!
Topics: Guest Post, Income disparity, Politics, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 5:02 am | 41 Comments »
The Challenge of Preserving Good Data in the Age of AI
If AI-created content floods the internet, who decides what online information is worth archiving?
Topics: Guest Post, Media watch, Technology and innovation
Posted by Yves Smith at 4:17 am | 13 Comments »