Investors from outside the EU control a significant share of the capital of global listed companies involved in the mining of cobalt, copper, lithium, nickel, and rare earths, underscoring the need to enhance the EU’s strategic autonomy and devise a metal-specific strategy going forward.
Recent Items
Sunday, February 8, 2026
Capital in the 21st Century: Ownership of the Firms Producing Raw Materials
Topics: Economic fundamentals, Free markets and their discontents, Globalization
Posted by Lambert Strether at 2:52 pm | 7 Comments »
Links 6/30/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 322 Comments »
Status of US Dollar as Global Reserve Currency: Central Banks Diversify from USD-Assets to Other Currencies and to Gold
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold
Topics: Currencies, Macroeconomic policy, Payment system
Posted by Lambert Strether at 6:50 am | 22 Comments »
Links 6/29/2024
Topics: Links
Posted by Yves Smith at 6:55 am | 296 Comments »
Survey Trolls, Opt-In Polls, and the New Era of Survey Science
As polling methods evolve, it can be hard to distinguish solid survey findings from those that dissolve under scrutiny.
Topics: Dubious statistics, Guest Post, Media watch, Politics
Posted by Yves Smith at 3:30 am | 27 Comments »
Michael Hudson: 18th Century Writers Understand Effects of War Debt Better Than IMF
Michael Hudson explains how the IMF’s view of war debt is dangerously misguided and older economic thinkers had much better take.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, The dismal science
Posted by Yves Smith at 3:18 am | 29 Comments »
2:00PM Water Cooler 6/28/2024: Biden v. Trump Post-Match Analysis and Commentary
Today’s Water Cooler: Biden v. Trump and the Democrat succession crisis
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 204 Comments »
Biden Crashes, Trump Lies: A Campaign-Defining Presidential Debate
Yves here. The presidential debate last night is likely to go down as being of historical importance, in the same league as the Kennedy-Nixon debate. But here, instead of demonstrating how the then-young medium rewarded good looks and a confident affect, here it showed two men, which as often happens with the aged, having become […]
Topics: Banana republic, Doomsday scenarios, Guest Post, Media watch, Politics
Posted by Yves Smith at 10:13 am | 209 Comments »
Links 6/28/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 214 Comments »
Sifting Through the Debris of Another Failed Coup in Latin America
This was probably the shortest lived coup in Bolivia’s history. But who was behind it?
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 26 Comments »
After the European Elections: Fiscal Policy is the Elephant in the Room
Fiscal pressures are set to intensify battles among shifting European leadership groups as to how much to spend and on what.
Topics: Europe, Global warming, Guest Post, Income disparity, Macroeconomic policy, Politics, Social policy, Social values, The dismal science
Posted by Yves Smith at 5:55 am | 3 Comments »
Layoffs, Retirement, and Post-Pandemic Inflation
Finally, a look at how Covid-related early retirement has contributed to our recent inflation.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Pandemic, The destruction of the middle class
Posted by Yves Smith at 5:35 am | 10 Comments »
Rumble in the Jungle: Biden v. Trump Presidential Debate Live Blog
Volatility is the central feature of this election, despite all efforts to keep things stable. It follows that the debate will be volatile.
Topics: Politics
Posted by Lambert Strether at 8:30 pm | 371 Comments »
2:00PM Water Cooler 6/27/2024
~ Today’s Water Cooler: Politics, Pandemics; The Debates, pre-game analysis; Murthy v. Missouri; Digital ID exposure debacle; CDK auto dealer outage and consumer spending ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 54 Comments »
Fear & Loathing on The Economist Subscription Trail
Satayjit Das’ penetrating and witty look at The Economist reveals a great deal not to like.
Topics: Free markets and their discontents, Guest Post, Media watch, Politics, Ridiculously obvious scams
Posted by Yves Smith at 10:36 am | 53 Comments »



