After being snubbed by NATO and the EU for decades, and suffering from extremely high inflation, Turkey is moving towards Russia.
Recent Items
Thursday, January 22, 2026
Turkey Positions Itself as the Middleman in “East-West” Conflict
Topics: Europe, Guest Post, Middle East, Politics, Russia, Turkey
Posted by Conor Gallagher at 9:55 am | 18 Comments »
A New US Data Privacy Bill Aims To Give You More Control Over Information Collected About You – and Make Businesses Change How They Handle Data
A new data privacy law is in the works, at least in part due to more stringent rules in Europe. But could it have unintended side effects?
Topics: Free markets and their discontents, Guest Post, Legal, Media watch, Regulations and regulators, Surveillance state, Technology and innovation
Posted by Yves Smith at 9:53 am | 12 Comments »
Links 8/24/2022
Topics: Links
Posted by Yves Smith at 6:58 am | 250 Comments »
Biden’s Gimmie to the Higher Educational Complex and Well-Off, Dem Leaning Voters: The $10,000 Student Loan Writeoff
There’s a lot not to like about the Biden student loan forgiveness scheme.
Topics: Banana republic, Banking industry, Income disparity, Politics, Student loans
Posted by Yves Smith at 6:49 am | 94 Comments »
Iran And Russia Move To Create A Global Natural Gas Cartel
The emerging Russia-Iran gas OPEC is yet another threat to Western economies.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 5:41 am | 23 Comments »
2:00PM Water Cooler 8/23/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 91 Comments »
Most Bleak Federal Report Yet on High-Tide/Sunny-Day Tide Floods
Tide floods on otherwise normal high tide days are yet another global warming warning sign.
Topics: Doomsday scenarios, Dubious statistics, Environment, Global warming, Guest Post
Posted by Yves Smith at 9:55 am | 12 Comments »
Links 8/23/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 143 Comments »
Are “Payment Strikes” About to Become a Regular Feature of the Economic Landscape?
The reemergence of “payment strikes” is perhaps a sign that as economic conditions deteriorate, people will begin to leverage the only real power they have left in today’s hyper-consumerist societies — i.e., as consumers.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 20 Comments »
The Hope of What Was Once Called a Decent Living Has Departed for the Average Household
The UK is a serious and worsening cost of living crisis that’s impoverishing the former middle class. What will the political fallout be?
Topics: Economic fundamentals, Energy markets, Free markets and their discontents, Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class, UK
Posted by Yves Smith at 5:03 am | 34 Comments »
China as a Developmental State: Indigenous Innovation and Global Competition
China chose a successful technological development path, in contrast to the corporate financialization model in the United States.
Topics: China, Corporate governance, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Social policy, Technology and innovation, The dismal science
Posted by Yves Smith at 3:18 am | 12 Comments »
2:00PM Water Cooler 8/22/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 173 Comments »
The Australian Labor Party Embraces the Authoritarianism of a Political System in Crisis
By John McGregor, a translator and political violence researcher Australia is currently lurching from one revelation to another through a constitutional crisis that nobody near power will acknowledge the severity of. As it emerges that the former Liberal Prime Minister Scott Morrison secretly appropriated a number of ministerships for himself, the now-ruling Labor Party is […]
Topics: Australia, Banana republic, Guest Post
Posted by John McGregor at 10:55 am | 36 Comments »
Links 8/22/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:55 am | 154 Comments »
Some Rural Hospitals Are in Such Bad Shape, Local Governments Are Practically Giving Them Away
John here. This article provides an interesting view of the economics of rural hospitals, which are closing at an alarming rate. In particular, it highlights how counties often negotiate from desperately weak positions, even when they have invested in the infrastructure. Another recent KHN article reported on the start-up Noble Health, which took over two […]
Topics: Guest Post, Health care, Privatization
Posted by John McGregor at 6:55 am | 13 Comments »



