China’s leaders admit to widespread overcapacity, such as in EVs and solar panels. Faillure to solve it could generate Japan-style deflation
Recent Items
Sunday, October 19, 2025
Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity
Topics: Auto industry, China, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Globalization, Politics, Technology and innovation
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 7/31/2025
Topics: Links
Posted by Conor Gallagher at 6:55 am | 180 Comments »
Consumers Are Footing the Bill for AI’s Insatiable Appetite for Energy
The energy cost of AI is probaby vastly higher than you realized, and will be showing up soon in your power bills.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:54 am | 52 Comments »
Long-COVID, Viruses and ‘Zombie’ Cells: New Research Looks for Links to Chronic Fatigue and Brain Fog
A theory of what might cause the many symptoms of Long Covid, which if proven further, should help in developing treatments
Topics: Guest Post, Health care, Pandemic, Science and the scientific method
Posted by Yves Smith at 1:56 am | 5 Comments »
South America’s Sovereignty Is Being Lost in Big Tech’s Clouds
How South America and the Global South generally are selling out their automony and the promise of multipolarity for Big Tech convenience
Topics: Banana republic, Energy markets, Environment, Global warming, Globalization, Guest Post, Politics, Technology and innovation
Posted by Yves Smith at 1:02 am | 9 Comments »
Coffee Break: Amway Oligarchy and Trump’s Willing Figureheads
Certain high profile appointees in the Trump administration, think Pete Hegseth or Kash Patel, function as figureheads to distract from the increasing power of the oligarchy.
Topics: Coffee Break
Posted by Nat Wilson Turner at 2:00 pm | 16 Comments »
Can States Reinvent U.S. Healthcare? This Expert Thinks So
Trump has sent a wrecking ball through US healthcare. Can states team up to preserve some measure of the old normal?
Topics: Banana republic, Guest Post, Health care, Pandemic, Politics, Regulations and regulators, Science and the scientific method, Social policy
Posted by Yves Smith at 9:55 am | 25 Comments »
Links 7/30/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 222 Comments »
Funding the Fundamentals of Biomedical Science: The National Institutes of Health in 2025 and Beyond
In the United States, the aim of the Current Administration is to support something called “gold-standard science.” Their clear implication is that American scientists have been publishing something less than the gold standard – perhaps silver or bronze, or maybe even brass, when gold is the standard of the day (here and here). We have […]
Topics: Banana republic, Health care, Science and the scientific method, Social policy, Technology and innovation
Posted by KLG at 6:50 am | 5 Comments »
CEOs Celebrate Even Bigger Wins in Class Warfare via Cutting Employment
CEOs are not just looting their companies but now the broader economy with the intensity of their headcount cutting.
Topics: Corporate governance, Economic fundamentals, Free markets and their discontents, Income disparity, Investment outlook, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 6:33 am | 22 Comments »
The Post-Pandemic Disinflation: Low Sacrifice, High Prices
Central banks in advanced nations really do believe they did a masterful job of managing the post-Covid inflation. This article explains why
Topics: Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 3:26 am | 6 Comments »
Coffee Break: Armed Madhouse – The Money Weapon
Let’s talk about money, specifically the use of bribery as a weapon in war and geopolitics. Like any weapon, it has technical characteristics and operational effects. In the ancient world bribery was practiced openly in the form of tribute paid by subject states to dominant powers. Masters were bribed to “protect” their subjects. In the […]
Topics: Coffee Break, Guest Post
Posted by Haig Hovaness at 2:00 pm | 17 Comments »
Hubert Horan: Can Airlines Get Passengers to Accept AI-Driven Personalized/Surveillance Pricing?
Delta has fevered dreams of AI-engineered individual pricing to boost revenues. But would this work in practice?
Topics: Free markets and their discontents, Guest Post, Regulations and regulators, Ridiculously obvious scams, Surveillance state, Technology and innovation
Posted by Yves Smith at 9:50 am | 33 Comments »
Plastic Surgery Mills, Many Owned by Private Equity, Sued for Producing Disfiguring Injuries and Deaths
The rise of private-equity-owned plastic surgery mills has produce patient litigatation, often with damning details.
Topics: Guest Post, Health care, Private equity, Ridiculously obvious scams, Social values
Posted by Yves Smith at 9:30 am | 9 Comments »
Links 7/29/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 96 Comments »