Hunter Biden seems to have quite the affinity for hot water. Judge Noreika has sent his irregular plea deal back to the drawing board.
Recent Items
Thursday, June 26, 2025
Hunter Biden Plea Deal Collapse: Dirty, Desperate Dealings in Delaware
Topics: Legal, Media watch, Politics, Taxes
Posted by Yves Smith at 6:50 am | 53 Comments »
Energy Destinies – Part 7: Endgames – The Strait Jacket
A look at population growth and energy consumption shows that there is no way the world will change behavior enough to stop worst outcomes
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 6:30 am | 27 Comments »
The Balloon Goes Up – How Far Will The Nato Allies Go To Fight Their Losing War in The Ukraine — How Much More Will They Risk Losing of Their Post-1945 Territorial Gains?
Putin has cleared his throat to warn against NATO/Poland incursions into Western Ukraine. But will this red line too be ignored?
Topics: Doomsday scenarios, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 4:55 am | 160 Comments »
2:00PM Water Cooler 7/26/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 76 Comments »
Former Apollo Chief Leon Black Has More Jeffrey Epstein ‘Splaining To Do with Tax Evasion, Alleged Rape of Autistic 16 Year Old
Shed a crocodile tear. Former private equity kingpin Leon Black is back in hot water thanks to his dealings with child rapist Jeffrey Epstein
Topics: Legal, Politics, Private equity, Taxes
Posted by Yves Smith at 9:55 am | 23 Comments »
Links 7/26/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 253 Comments »
The EU-Indonesia Fight Over Nickel and Who Gets to Own the Clean Energy Future
The situation also provides another example of the challenges of “derisking” from China.
Topics: Auto industry, China, Commodities, Environment, Europe
Posted by Conor Gallagher at 5:00 am | 21 Comments »
Decades of Public Messages about Recycling in the US Have Crowded Out More Sustainable Ways to Manage Waste
Why trying to tackle trash with recycling is too little, too late.
Topics: Doomsday scenarios, Environment, Guest Post, Media watch, Politics, Regulations and regulators
Posted by Yves Smith at 4:55 am | 41 Comments »
‘Time for Congress to Act’: Sanders, Scott Unveil $17 Federal Minimum Wage Bill
Another push for a minimum wage boost. The gap between the $17 target and the current level of $7.25 an hour is a yawning chasm.
Topics: Banana republic, Dubious statistics, 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 4:50 am | 16 Comments »
2:00PM Water Cooler 7/25/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 110 Comments »
The Admissions Game
Quelel suprise! A new paper shows the very rich do very well in getting admitted to elite colleges. But why, exactly?
Topics: Free markets and their discontents, Guest Post, Income disparity, Social values
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 7/25/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 227 Comments »
No Joke: Ursula Von der Leyen’s EU Commission Just Received “World Prize for Peace and Freedom”
Few political figures have done more to keep Ukrainians fighting — and dying in huge numbers — in a bloody, futile proxy war of attrition than Von der Leyen.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 34 Comments »
Russian Central Bank Governor Elvira Nabiullina and Head of “BRICS Bank” Throw Cold Water on BRICS Currency Project
We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for some time that the prospects for replacing the dollar are a long way away, even more so with a newly-created, reserve currency aspirant. Our views […]
Topics: Africa, Banking industry, China, Currencies, India, Politics, Russia, Technology and innovation
Posted by Yves Smith at 6:20 am | 84 Comments »
James Galbraith: How Central Bank Myths and Practices Support Financiers and Dollar Hegemony
Sadly, some bank-serving fables are very durable, so James Galbraith has (yet another) go at them.
Topics: Banking industry, Currencies, Dubious statistics, Federal Reserve, Free markets and their discontents, Guest Post, The destruction of the middle class, The dismal science
Posted by Yves Smith at 4:25 am | 13 Comments »