Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Recent Items
Sunday, December 28, 2025
Some Additional Comments on the Russian Counter-Sanction of Requiring Gas Payments in Roubles
Topics: Banana republic, Banking industry, Commodities, Currencies, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Globalization, Payment system, Politics, Russia
Posted by Yves Smith at 6:50 am | 156 Comments »
How Fossil Fuel Governments Control the IPCC
The work of the IPCC is necessary. That’s why it’s important that the UN not be the owners of the go-to reports it issues.
Topics: China, Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Global warming, Guest Post, India, Politics
Posted by Yves Smith at 4:32 am | 10 Comments »
2:00PM Water Cooler 3/24/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 77 Comments »
How This Month Produced a Mind-Boggling Warm-Up in Eastern Antarctica (and the Arctic)
Why part of Antarctica suffered wildly out of band warmth.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Science and the scientific method
Posted by Yves Smith at 9:55 am | 43 Comments »
Links 3/24/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 148 Comments »
Russia Counter-Sanctions “Unfriendly Nations” by Requiring Gas Payments in Roubles; Dallas Fed Predicts 2022 Global Recession if Russian Energy Supply Remains Restricted
Clearing up misunderstandings about the Russian move to require unfriendly countries to pay roubles for gas.
Topics: Banking industry, Currencies, Energy markets, Europe, Politics, Russia
Posted by Yves Smith at 6:54 am | 123 Comments »
The Subtle Psychology of Nudges During a Pandemic
For years, the U.S. and U.K. governments embraced the concept of nudges to change social behavior. Then came Covid-19.
Topics: Banana republic, Guest Post, Health care, Media watch, Pandemic, Social policy
Posted by Yves Smith at 5:03 am | 22 Comments »
Inside the Chaotic Charter Schools Run by For-Profit Accel Schools
Yves here. It might seem easy to dismiss the child-warehousing-masquerading-as-education perpetrated by Accel Schools as a charter school outlier. But as this article explains, Accel embodies a new trend to profit-maximization and asset stripping in this arena. By Jeff Bryant, a writing fellow and chief correspondent for Our Schools. He is a communications consultant, freelance […]
Topics: Free markets and their discontents, Guest Post, Politics, Privatization, Ridiculously obvious scams, Social policy
Posted by Yves Smith at 4:02 am | 21 Comments »
2:00PM Water Cooler 3/23/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 184 Comments »
Stagflation Threat: Be Pragmatic, Not Dogmatic
More discussion of the current, misguided central bank use of interest rates to combat inflation, and what will probably become stagflation.
Topics: Credit markets, Currencies, Economic fundamentals, Federal Reserve, Guest Post, Income disparity, The dismal science
Posted by Yves Smith at 9:55 am | 65 Comments »
Links 3/23/2022
Topics: Links
Posted by Yves Smith at 6:58 am | 183 Comments »
Russia Sanctions Collateral Damage: Diesel Shortage Risk Worsening, EV Batteries
More on the “soon to be with us” sanctions-induced diesel shortage, along with EV battery woes.
Topics: Auto industry, Banana republic, Commodities, Doomsday scenarios, Economic fundamentals, Energy markets, Guest Post, Politics, Russia
Posted by Yves Smith at 6:57 am | 35 Comments »
Sanders Opposes America COMPETES Act Over Billions in ‘Corporate Welfare’
Sanders takes on the supposed US competitiveness-boosting COMPETES Act as corporate grifting.
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:17 am | 24 Comments »
Michael Hudson Discusses Russia Sanctions Blowback on the Renegade
Michael Hudson revisits how US sanctions will ultimately hurt its economy more than Russisa’s, as crippling the dollar hegemony.
Topics: China, Commodities, Currencies, Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 5:57 am | 69 Comments »
2:00PM Water Cooler 3/22/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 120 Comments »


