The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse.
Recent Items
Wednesday, January 14, 2026
BlackRock Says We’re All Doomed. It’s Being Optimistic
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 »
2:00PM Water Cooler 1/6/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 139 Comments »
Long COVID Stemmed from Mild Cases of COVID-19 in Most People
Bit by bit, getting a clearer picture of long Covid.
Topics: Guest Post, Health care, Pandemic, Science and the scientific method
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 1/6/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 132 Comments »
Germany, the Birthplace of the Pfizer-BioNtech COVID-19 Vaccine, Now Wants to Cancel Its Vaccine Deal
“Too many doses, billions in costs – the government [of Germany] wants to cancel the vaccination deal.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 32 Comments »
Zelensky’s Bloody War Against the Ukrainian Orthodox Church
A bloody attack on a Ukrainian Orthodox Church priest, close to the Orthodox Christmas, in a church….and sanctioned by the government.
Topics: Doomsday scenarios, Media watch, Politics, Russia, Social policy, Social values
Posted by Yves Smith at 6:15 am | 52 Comments »
Kentucky Retirement Systems Is Baack! The Latest Filing, re the Calcaterra Report Coverup
For those who like legal jousting and elegant drafting, the Kentucky Retirement Systems battle is back, now focused on Regina Calcaterra.
Topics: Investment management, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 5:19 am | 7 Comments »
2:00PM Water Cooler 1/5/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 87 Comments »
‘Public Trust’—A Key Legal Tool to Preserve Our Natural Resources
Law professor Mary Wood breaks describes how the public trust can protect rights to clean air, water, and land.
Topics: Doomsday scenarios, Environment, Free markets and their discontents, Global warming, Guest Post, Legal
Posted by Yves Smith at 9:55 am | 16 Comments »
Links 1/5/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 161 Comments »
Ukraine and Russia: Waiting for the Next Phase?
Why Ukraine may be under even more pressure than Russia to Do Something when the ground finally freezes in Ukraine.
Topics: Doomsday scenarios, Europe, Media watch, Politics, Russia
Posted by Yves Smith at 6:54 am | 84 Comments »



