Russia is dialing down expectations for big BRICS developments at a late August summit.
Recent Items
Wednesday, June 25, 2025
Russia Is Finally Correcting False Perceptions of BRICS
Topics: Banking industry, China, Currencies, Globalization, Guest Post, India, Legal, Media watch, Politics, Russia
Posted by Yves Smith at 5:13 am | 17 Comments »
NC Under Attack from Ukraine After Posting on Gonzalo Lira Being Tortured and Extorted While in Prison
Quelle surprise! Some people in Ukraine do not like NC!
Topics: Notices
Posted by Yves Smith at 1:26 am | 31 Comments »
2:00PM Water Cooler 8/3/2023
~ Today’s Water Cooler (I hope!) ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 63 Comments »
Delivery Workers File Wage Theft Complaints Against DoorDash
DoorDash behaves badly via selective non-compliance with a new law setting pay rules for food delivery workers.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 6 Comments »
Links 8/3/2023
Topics: Links
Posted by Yves Smith at 6:58 am | 136 Comments »
Energy Destinies – Part 8: Pathways
Satyajit Das concludes his series on the future of energy by looking at curbing demand, aka radical conseration.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Regulations and regulators, Risk and risk management, Social policy, Species loss, The destruction of the middle class
Posted by Yves Smith at 6:54 am | 23 Comments »
French Invasion of Niger Could Turn into All-Out Franco-African War
An assessment of the stakes for France in trying to reverse the military coup in Niger by force.
Topics: Africa, Doomsday scenarios, Economic fundamentals, Europe, Globalization, Guest Post, Politics
Posted by Yves Smith at 6:41 am | 57 Comments »
As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions
The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance.
Topics: Banking industry, China, Economic fundamentals, Guest Post, Payment system, Politics, Russia, Technology and innovation
Posted by Yves Smith at 5:38 am | 27 Comments »
2:00PM Water Cooler 8/2/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 83 Comments »
Science Versus Scientism in Real Life: Where Do We Go from Here?
An engaging discussion of science-adjacent scintism, including Theranos. glysophate, Golden Rice, and rewilding.
Topics: Doomsday scenarios, Dubious statistics, Environment, Free markets and their discontents, Guest Post, Health care, Permaculture, Ridiculously obvious scams, Science and the scientific method, Social policy, Technology and innovation
Posted by Yves Smith at 10:43 am | 37 Comments »
Government Health Financing for All, Not Insurance
Why health insurance schemes, both private insurance and society-wide programs, are more costly than and inferor to government funding.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Health care, Income disparity, Market inefficiencies, Moral hazard, Politics, Regulations and regulators
Posted by Yves Smith at 9:35 am | 24 Comments »
Links 8/2/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 153 Comments »
The Bizarre and Widely Disparaged Fitch Downgrade of US Government Debt to AA+
The financial press and Mr. Market shrugged off the Fitch downgrade of US government debt from AAA to AA+. Why?
Topics: Credit markets, Doomsday scenarios, Dubious statistics, Economic fundamentals, Federal Reserve, Macroeconomic policy, Media watch, Politics
Posted by Yves Smith at 6:54 am | 20 Comments »
Two Overlapping Takes on Inflation
MMT backer Richard Murphy and London finance organ City A.M. have surprisingly simliar views on the causes of inflation but differ on remedies
Topics: Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Pandemic, Politics, Russia, The dismal science
Posted by Yves Smith at 3:42 am | 15 Comments »
2:00PM Water Cooler 8/1/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 72 Comments »