A look at how the US likes to present its role in the escalating conflict over Taiwan.
Recent Items
Sunday, February 8, 2026
Biden Again Indicates that US Will Defend Taiwan ‘Militarily’ – Does This Constitute a Change in Policy?
Topics: China, Doomsday scenarios, Guest Post, Politics
Posted by Yves Smith at 9:55 am | 32 Comments »
Links 9/20/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 172 Comments »
Digital Dollar and Digital Euro Just Took a Big Step Closer to Becoming a Reality
As the US government begins setting up the regulatory guardrails for a digital dollar, the EU forms a consortium to develop a prototype for a digital euro. Its members include Amazon and dozens of large EU banks.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 45 Comments »
Reminding Those of You on the Fence as Our 2022 Fundraiser Closes: We Really Like You!
Our 2022 fundraiser is in its final hours! Help support frequent news updates, incisive analysis, biting commentary, snark, and cute animals!
Topics: Notices
Posted by Yves Smith at 4:41 am | 10 Comments »
Private Equity Sees the Billions in Eye Care as Firms Target High-Profit Procedures
Private equity continued to buy up and crapify more medical specialist practices. The latest target is eye care, particularly surgeries.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Private equity, Regulations and regulators
Posted by Yves Smith at 4:38 am | 11 Comments »
New USPS Delivery Network: Radically Cutting Rural Service, Headcount; Likely to Further Slow Delivery
The gutting of USPS is accelerating. A step backwards for what passes as American civilization.
Topics: Banana republic, Free markets and their discontents, Guest Post, Infrastructure, Politics, Privatization, Real estate, Regulations and regulators, Social policy, Social values
Posted by Yves Smith at 2:30 am | 11 Comments »
Procrastinators of the World, Unite! Last Day, Last Chance for Our 2022 Fundraiser!
We’re entering the home stretch for our 2022 fundraiser. Come chip in to make it the best evah!
Topics: Notices
Posted by Yves Smith at 7:00 pm | 15 Comments »
2:00PM Water Cooler 9/19/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 84 Comments »
Pope Francis Endorses “Moral” Arms for Ukraine
Pope Francis’ recent statement that providing weapons to Ukraine can be a moral decision puts him at odds with his own pronouncements on war over the years and with a large chunk of the population of the Global South, now the population center for the Catholic Church.
Topics: Guest Post, Politics, Russia
Posted by John McGregor at 10:55 am | 31 Comments »
Links 9/19/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:58 am | 180 Comments »
Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, The dismal science
Posted by Yves Smith at 6:30 am | 30 Comments »
KLG: What Naked Capitalism Means to Me
To the barricades, um, Tip Jar! Naked Capitalism deserves your support.
Topics: Notices
Posted by Yves Smith at 6:24 am | 8 Comments »
Why Black Wednesday Still Matters – It Was the Start of Markets Telling Politicians What to Do
Alexis Stenfors assesses the importance of Black Wednesday as a juncture in the history of central banks. By showing they could beat the Bank of England, traders changed the entire power relationship.
Topics: Economic fundamentals, Guest Post, Macroeconomic policy
Posted by John McGregor at 5:00 am | 15 Comments »
Truss’s Plan to Hike Defence Funding and Ignore the Climate Is a Disaster
How Liz Truss’ defense budget math does not work…or does really well if the point is to roll social support back to Victorian workhouses.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Social policy, Taxes, The destruction of the middle class, UK
Posted by Yves Smith at 4:30 am | 7 Comments »
Announcing the 2022 Harry Shearer and Friends “Double Your Donation” Challenge!
Harry Shearer and two anonymous donors are making a big reader challenge! Will you take them up on it?
Topics: Notices
Posted by Yves Smith at 2:30 am | 11 Comments »


