Even a US propaganda organ is having to take notice of how China is taking advantage of US policy failures, particularly in the Global South.
Recent Items
Friday, July 25, 2025
Beijing’s Bid For Influence in the Global South
Topics: Africa, China, Globalization, Guest Post, India, Media watch, Politics, Turkey
Posted by Yves Smith at 6:52 am | 41 Comments »
Advances in Mind-Decoding Technologies Raise Hopes (and Worries)
If you are worried about spying on your devices, consider that mind-reading technology is already showing meaningful results.
Topics: Guest Post, Legal, Science and the scientific method, Surveillance state
Posted by Yves Smith at 12:15 am | 27 Comments »
2:00PM Water Cooler 1/3/2024
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 78 Comments »
We Deserve Medicare for All, But What We Get Is Medicare for Wall Street
An overview of health care, particularly Medicare, rentierism, with private equity playing a starring role.
Topics: Free markets and their discontents, Guest Post, Health care, Hedge funds, Income disparity, Investment management, Private equity, Regulations and regulators, Ridiculously obvious scams, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 18 Comments »
Links 1/3/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 143 Comments »
Science on Trial, Part 2: An Immodest Proposal
In a variant of “follow the money,” some recommendations of how to lead with money, as in reform science research by reforming funding.
Topics: Guest Post, Health care, Science and the scientific method
Posted by Yves Smith at 6:58 am | 21 Comments »
American Household Debt: A Reappraisal
An attempt to correct the “blame the poors” approach to the reality and systemic risk posed by debt among lower-income borrowers.
Topics: Banking industry, Credit markets, Doomsday scenarios, Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:49 am | 5 Comments »
Rarely in the Field of Human Endeavour Has One Rather Small Profession Caused So Much Harm to Humankind as Neoclassical Economists Do Now
Not enough bad can be said about neoclassical economics. The focus today is inflation policy.
Topics: Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:23 am | 24 Comments »
2:00PM Water Cooler 1/2/2024
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 103 Comments »
From the Great Divergence to South-South Divergence
A discussion of the need to replace the Great Divergence framework illustrates how economists often cling to outdated ideas.
Topics: Dubious statistics, Economic fundamentals, Globalization, Guest Post, Income disparity, The dismal science
Posted by Yves Smith at 9:55 am | 13 Comments »
Links 1/2/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 139 Comments »
Javier Milei Is Preparing a Nice Little New Year’s Gift for the World’s Richest Man, Elon Musk
Musk is “extremely interested” in Argentina’s vast lithium deposits, according to Milei. So too, apparently, is the US Government and many other US companies. Milei will happily oblige.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 45 Comments »
Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues
China’s renminbi keeps losing ground. But tiny “other” reserve currencies combined are taking share from the US dollar.
Topics: China, Currencies, Economic fundamentals, Europe, Globalization, Guest Post
Posted by Yves Smith at 5:39 am | 13 Comments »
Prof. Michael Hudson, World Predictions for 2024 (USA, UN, Palestine, Russia And BRICS)
Michael Hudson pulls out his crystal ball to forecast what might be in store for 2024.
Topics: Banking industry, China, Credit markets, Currencies, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Globalization, Guest Post, Income disparity, India, Macroeconomic policy, Payment system, Politics, Russia, Social policy
Posted by Yves Smith at 1:00 am | 32 Comments »
Strategy to Kick Trump Off the Ballot Under the Fourteenth Amendment Already Causing Chaos (So In Re Griffin Was Correctly Decided)
The Fourteenth Amendment is not and should not be “self-executing,” as the Maine and Colorado decisions kicking Trump off the ballot show.
Topics: Guest Post, Politics
Posted by Lambert Strether at 3:55 pm | 77 Comments »