Discuss: “The right has narrowed the parameters of discussion on student debt forgiveness. Biden is not fighting back aggressively enough.”
Recent Items
Thursday, January 15, 2026
Why Student Debt Cancellation Is Reasonable, Not Radical
Topics: Credit markets, Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Student loans, The destruction of the middle class
Posted by Yves Smith at 3:34 am | 37 Comments »
2:00PM Water Cooler 3/6/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 108 Comments »
Coups, Chaos, and the Crumbling of the Francafrique: the Widening War between East and West in Africa’s Sahel
US undersecretary of state Victoria Nuland says to remain calm.
Topics: Africa, China, Energy markets, Environment, Europe, Russia
Posted by Conor Gallagher at 6:00 am | 17 Comments »
America’s Chips War With China: Another Sanctions Backfire Coming?
Biden Administration officials are pleased as punch with their targeting of China’s supposed Achilles heel: dependence on US designed chips.
Topics: China, Doomsday scenarios, Economic fundamentals, Globalization, Politics, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 5:21 am | 60 Comments »
Wolf Richter: US Natural Gas Production Surges to Record in 2022, Up 33% from 2017. LNG Exports Hit Record Despite Freeport Terminal Shutdown
LNG exports to Europe up 150%, exports to Asia and Latin America plunge. Germany buries its head in the sand.
Topics: Energy markets, Europe, Russia
Posted by Conor Gallagher at 2:00 am | 9 Comments »
What If the World Cannot Save the World from Climate Change?
How climate change reveals a crisis of international governance.
Topics: Africa, Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Free markets and their discontents, Global warming, Guest Post, Income disparity, Politics, Social policy, Social values, Species loss, The dismal science
Posted by Yves Smith at 1:57 am | 46 Comments »
The Widening War: How the Nato-Russia Confrontation Is Playing Out in North Africa
Europe is desperate for North African energy, and yet the West threatens to alienate countries there with its demands they cut ties with Russia.
Topics: Africa, Energy markets, Environment, Europe, Global warming, Russia
Posted by Conor Gallagher at 6:50 am | 16 Comments »
Breached Dam, Incineration of Soil Flood East Palestine With Fresh Fears of Toxins
“I’ve had fear and now this just put the anxiety over the top,” said one local resident.
Topics: Environment, Infrastructure, Market inefficiencies, Private equity
Posted by Conor Gallagher at 6:00 am | 42 Comments »
Links 3/4/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 279 Comments »
Secret Power and the Persecution of Julian Assange
Stefania Maurizi’s “Secret Power: Wikileaks and its Enemies” chronicles Wikileaks’ publications and the dehumanization of Julian Assange.
Topics: Banana republic, Guest Post, Legal, Media watch, Politics
Posted by Yves Smith at 6:49 am | 19 Comments »
Rail Workers Warn Safety Bill Loopholes Are Big Enough to ‘Run a Freight Train Through’
Post East Palentine rail safety reform proposals are embarrassingly unserious.
Topics: Free markets and their discontents, Guest Post, Income disparity, Infrastructure, Politics, Regulations and regulators, Ridiculously obvious scams, Risk and risk management, The destruction of the middle class
Posted by Yves Smith at 6:30 am | 15 Comments »
2:00PM Water Cooler 3/3/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 115 Comments »
New York Fed Identifies a New Way Dollar Hegemony Is Not Good for Emerging Economies and Other Growing Things
Another mechanism by which US does harm through our indifference to to the impact of our dollar/interest rate policies on other countries.
Topics: Currencies, Economic fundamentals, Federal Reserve, Free markets and their discontents, Globalization, Guest Post, Income disparity, Payment system, The dismal science
Posted by Yves Smith at 9:55 am | 9 Comments »



