The invasion of the capitol gives Lula the perfect justification for cleaning house, most importantly in the civil service, judiciary and military. It has also, however briefly, united the governments of Latin America against right-wing authoritarianism
Recent Items
Thursday, July 17, 2025
The January 8 “Insurrection” in Brazil Could Be the Perfect Gift for Lula
Topics: Guest Post
Posted by Nick Corbishley at 6:52 am | 28 Comments »
Chasing Big European Corporate Miscreants Through New York Courts: An Update Via a Barclays Filing
A filing against Barclays presents quite the rap sheet, and also illustrates why it takes legal bloodymindeness to take on these miscreants.
Topics: Banking industry, Europe, Legal, Regulations and regulators
Posted by Yves Smith at 5:20 am | 4 Comments »
Washington Has Trouble Refilling the Strategic Petroleum Reserve After 220 Million Barrel Draw
Oopsie! Mr. Market is not cooperating with the Biden plan to replenish the Strategic Petroleum Reserve at prices better than $70 a barrel
Topics: China, Economic fundamentals, Energy markets, Guest Post, Politics
Posted by Yves Smith at 3:44 am | 18 Comments »
2:00PM Water Cooler 1/9/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 95 Comments »
50 Years After Allende at the UN: a Corporate Triumph Named Multistakeholderism
Allende was early to warn of multinational threats to product safety, labor regulations, and other protections. Sadly corporate interests won.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, Regulations and regulators
Posted by Yves Smith at 9:55 am | 15 Comments »
Sweden Won’t Meet Türkiye Demands to Win Its Vote on NATO Membership
Sweden reneged on its Türkiye NATO vote deal. This should be solvable except the West wants to punish Türkiye and Türkiye isn’t up for that.
Topics: Doomsday scenarios, Middle East, Politics, Russia, Turkey
Posted by Yves Smith at 6:20 am | 33 Comments »
US Takeover of Greece Pushes Türkiye Closer to Russia and Increases Odds of Athens-Ankara Conflict
Athens throws a decades-long good relationship with Moscow out the window and opens the door wide to US military and business interests.
Topics: Doomsday scenarios, Europe, Politics, Russia, Turkey
Posted by Conor Gallagher at 6:10 am | 49 Comments »
More Orthopedic Physicians Sell Out to Private Equity Firms, Raising Alarms About Costs and Quality
It means higher prices for patients, more unnecessary surgery, and less access to care for patients on Medicaid or those who are uninsured or underinsured.
Topics: Guest Post, Health care, Private equity
Posted by Conor Gallagher at 4:50 am | 15 Comments »
BlackRock Says We’re All Doomed. It’s Being Optimistic
The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.
Topics: Doomsday scenarios, Economic fundamentals, Globalization, Investment outlook, Private equity
Posted by Conor Gallagher at 6:50 am | 81 Comments »
How Wall Street Takeover of Rental Market Is Fueling the Homelessness Crisis
New lawsuits allege mega landlords are colluding to keep rents high and units vacant while also embracing surveillance tech to evict tenants.
Topics: ECONNED, Hedge funds, Legal, Market inefficiencies, Private equity, Real estate, Social policy, Social values, Surveillance state
Posted by Conor Gallagher at 6:45 am | 40 Comments »
Links 1/7/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 223 Comments »
Nepo Babies and the Myth of the Meritocracy
Meritocracy has become an empty idea in America. That’s a problem.
Topics: Banana republic, Guest Post, Income disparity, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 6:07 am | 124 Comments »
The Steep Cost of Bio-Based Plastic
Growing crops to make plastic may theoretically reduce reliance on fossil fuels, but at an enormous environmental cost.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post
Posted by Yves Smith at 5:33 am | 17 Comments »