The Tories, who not long ago seemed poised to permanently cripple Labour, are now in a remarkable crisis with no ready exit.
Recent Items
Sunday, July 26, 2026
Wheels Come Off for Tories. Update: Truss Resigns
Topics: Banana republic, Banking industry, Brexit, Doomsday scenarios, Energy markets, Free markets and their discontents, Macroeconomic policy, Politics, UK
Posted by Yves Smith at 6:07 am | 120 Comments »
How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity
Antitrust expert Hal Singer shows how big businesses in certain industries are jacking up prices far beyond their cost increases.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 4:49 am | 35 Comments »
2:00PM Water Cooler 10/19/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 93 Comments »
Brussels Provides Not-So-Subtle Input on Italy’s Next Government
By Conor Gallagher While incoming Italian Prime Minister Giorgia Meloni and her Brothers of Italy Party (Fdl) certainly provide plenty of nationalist and culture war sound bites, they will ultimately be forced to follow EU and NATO marching orders, or they won’t be in power very long. Now that two cabinet picks from Meloni and […]
Topics: Banking industry, Credit markets, Currencies, Economic fundamentals, Energy markets, Europe, Free markets and their discontents, Guest Post, Politics, Russia
Posted by Conor Gallagher at 9:35 am | 14 Comments »
Links 10/19/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 254 Comments »
What Next in the Electric War for Ukraine – How Marshal Kutuzov’s Golden Bridge for Napoleon’s Retreat Is Working Today
John Helmer’s update on the logic and progress of Russia’s attacks on the Ukraine electric grid.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Guest Post, Infrastructure, Politics, Russia
Posted by Yves Smith at 6:53 am | 86 Comments »
Diesel Crisis Deepens As Inventories Fall To Dangerous Levels
Diesel fuel is in scarcer supply than ever. Shortages coming?
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Globalization, Guest Post, Russia
Posted by Yves Smith at 6:23 am | 37 Comments »
The Sveriges Riksbank Counterfeit Nobel Award Goes to Bernanke et al. for the Wrong Model
Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort
Topics: Banking industry, Doomsday scenarios, Dubious statistics, Federal Reserve, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams, The dismal science
Posted by Yves Smith at 6:20 am | 9 Comments »
2:00PM Water Cooler 10/18/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 105 Comments »
Vietnam Army General Giap on How To Win, British Armchair General Freedman on How To Lose
Sir Lawrence Freedman declares victory for Ukraine is inevitable because Putin.
Topics: Doomsday scenarios, Europe, Guest Post, Russia
Posted by Yves Smith at 9:55 am | 47 Comments »
Links 10/18/2022
Topics: Links
Posted by Yves Smith at 6:59 am | 216 Comments »
EU Commission Is Pushing EU Countries to Accept Joint Gas Purchases, Just As It Did With COVID-19 Vaccines
That those vaccine purchases are now under investigation by EU Public Prosecutors doesn’t seem to matter. The Commission wants a direct role in EU Member States’ purchases of gas and, if possible, weapon
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 17 Comments »
NOPEC Bill Would Mean the End Of Aramco and OPEC as We Know Them
The US is seriously considering yet another self-destructive move: bringing the Saudis to heel via a frontal legal/sanctions attack on OPEC.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 6:20 am | 28 Comments »
Progressives Say New Midterm Poll Must Be ‘Wake Up Call’ to Democrats
“Democrats should close the election with a clear argument about who is prepared to fight for the working class.” Can they?
Topics: Economic fundamentals, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 6:09 am | 63 Comments »
2:00PM Water Cooler 10/17/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 61 Comments »


