Zelensky is apparently “very determined” to move towards a cashless economy as swiftly as possible. And he has the full support of Australia’s richest man.
Recent Items
Sunday, January 18, 2026
Will War-Torn, Power-Starved Ukraine Be World’s First Cashless Economy? (Serious Question)
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 34 Comments »
Why Don’t Americans Take More Vacations? Blame It on Independence Day
How corporate interests created Americanization Day, later Independence Day, to counter the rising labor movement.
Topics: Income disparity, Media watch, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 12:17 am | 24 Comments »
Twitter’s Lost Weekend (“Something Went Wrong”)
A lively weekend on the Twitter!
Topics: Guest Post, Media watch, Payment system, Technology and innovation
Posted by Lambert Strether at 2:55 pm | 42 Comments »
2:00PM Water Cooler 7/3/2023
~ Today’s Water Cooler: Open Thread ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 61 Comments »
The Candidacy and Claims of RFK Jr.
Economist Rajiv Sethi has a look at RFK, Jr.’s election prospects and thinks mainstream experts are underestimating him.
Topics: Dubious statistics, Free markets and their discontents, Guest Post, Health care, Income disparity, Media watch, Pandemic, Politics, Regulations and regulators
Posted by Yves Smith at 8:20 am | 148 Comments »
Links 7/3/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 155 Comments »
How Scammers Use Psychology to Create Some of the Most Convincing Internet Cons
Keeping up with the latest Internet scams, and how they work.
Topics: Free markets and their discontents, Market inefficiencies, Regulations and regulators, Ridiculously obvious scams
Posted by Lambert Strether at 6:50 am | 9 Comments »
Are the Californian Wildfires Really “Natural” Disasters?
California wildfires and real estate interests
Topics: Environment, Global warming, Guest Post, Market inefficiencies, Regulations and regulators
Posted by Lambert Strether at 3:50 pm | 47 Comments »
Links 7/2/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:59 am | 263 Comments »
Climate Risk Stress Tests Underestimate Potential Financial Sector Losses
Given the complexity of the link between climate shocks and financial sector outcomes, the authors argue that current methods have several key limitations that may lead to significant underestimation of potential financial sector losses.
Topics: Credit markets, Environment, Global warming, Globalization, Guest Post, Investment banks, Investment outlook, Macroeconomic policy
Posted by Lambert Strether at 6:50 am | 8 Comments »
Links 7/1/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 226 Comments »
Are Rocks The Future Of Solar Power Collection?
Why rocks like granite may have potential as thermal storage media.
Topics: Energy markets, Global warming, Guest Post, Technology and innovation
Posted by Yves Smith at 6:44 am | 78 Comments »
The Invisible Effect Medical Notes Have on Care
Doctors sometimes describe their patients negatively. How does that affect their care down the line?
Topics: Guest Post, Health care, Income disparity, Social policy
Posted by Yves Smith at 6:30 am | 11 Comments »
2:00PM Water Cooler 6/30/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 62 Comments »
The New York Times Thinks Worker Suffering Is a Fair Price for Lower Inflation
Per the Times, inflation must be tackled, and the only way to do so is through lowering incomes and potentially jacking up unemployment.
Topics: Dubious statistics, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 9:55 am | 48 Comments »



