A deep dive on the development of the dollar system.
Recent Items
Friday, July 11, 2025
Michael Hudson and Radhika Desai on Dollar Imperialism
Topics: Banking industry, China, Commodities, Currencies, Globalization, Guest Post, Legal, Macroeconomic policy, Payment system, Politics, Russia
Posted by Yves Smith at 5:30 am | 35 Comments »
The EV Revolution Brings Environmental Uncertainty at Every Turn
As demand for electric vehicles ramps up, environmental stumbling blocks have emerged.
Topics: Commodities, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Regulations and regulators
Posted by Yves Smith at 2:09 am | 46 Comments »
New, Buzzy Cochrane Study Sets the “Fools Gold” Standard for Anti-Maskers
Putting on my yellow waders for the Cochrane study,
Topics: Guest Post, Media watch, Pandemic, Ridiculously obvious scams, Science and the scientific method, Social policy
Posted by Lambert Strether at 3:25 pm | 86 Comments »
2:00PM Water Cooler 2/27/2023
~ Today’s Water Cooler: Open Thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 79 Comments »
Links 2/27/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 231 Comments »
Can the Phillips Curve Explain Recent Wage Growth?
Contrary to what many have claimed, wage growth in the fourth quarter of 2022 was actually in line with what a standard Phillips curve model predicts.
Topics: Economic fundamentals, The destruction of the middle class, The dismal science
Posted by Lambert Strether at 6:49 am | 10 Comments »
Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced
An update on Uber financial fakery and continued lack of bona fide profits.
Topics: Guest Post, Income disparity, Investment outlook, Legal, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class, Uber
Posted by Yves Smith at 5:30 am | 19 Comments »
How Howard Schultz Made Starbucks the Poster Child of Corporate Abuse
Does Stabucks CEO Howard Schultz deserve the title of labor enemy #1?
Topics: Free markets and their discontents, Guest Post, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:08 am | 11 Comments »
Lever News Silences Workers’ Voices and Gets the Story Wrong in East Palestine Derailment Coverage
A close reading and media critique of Lever News’ East Palestine coverage.
Topics: Environment, Guest Post, Media watch
Posted by Lambert Strether at 2:55 pm | 49 Comments »
Links 2/26/2023
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 6:55 am | 173 Comments »
People Got Used to Higher Prices and Are Outspending Even Raging Inflation. They Don’t Want This Thing to Land
Year-over-year growth in consumer spending, adjusted for inflation, outpaced the pre-pandemic average. Month-over-month, seasonally adjusted, growth spiked.
Topics: Free markets and their discontents, Guest Post, Pandemic
Posted by Lambert Strether at 5:25 am | 50 Comments »
Links 2/25/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 132 Comments »
5 Reasons Why Much of the Global South Isn’t Automatically Supporting the West in Ukraine
The so-called Collective West and the rest of the world have a yawning gap in how they view the war in Ukraine.
Topics: Africa, China, Doomsday scenarios, Globalization, Guest Post, India, Middle East, Politics, Russia, Social policy, Social values
Posted by Yves Smith at 6:50 am | 64 Comments »
Jim Chanos: The Golden Age of Fraud in Finance
Famed short seller Jim Chanos discusses the ever-rising role of fraud in the US financial system and his views of China.
Topics: China, Free markets and their discontents, Guest Post, Investment management, Investment outlook, Legal, Pandemic, Regulations and regulators, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 6:25 am | 26 Comments »
2:00PM Water Cooler 2/24/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 82 Comments »