How China rescued bin Salman and leveraged that relationship into a deal that advances China’s aim of making the kingdom a client state.
Recent Items
Saturday, July 25, 2026
China And Saudi Arabia Intensify Energy Cooperation With Critical Deal
Topics: China, Energy markets, Globalization, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 6:23 am | 27 Comments »
Third Time May Not Be Charm for Patel as Voters Reluctant to Embrace Generational Change
A case study of why voters are inclinded to stick with office-holders well past their sell-by dates.
Topics: Banana republic, Guest Post, Politics, Social values
Posted by Yves Smith at 6:10 am | 20 Comments »
How Employers Are Trying to Thwart a Wave of Union Drives
Union organizers are making headway, as measured by the more-aggressive cororate efforts to hobble them.
Topics: Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 4:25 am | 8 Comments »
2:00PM Water Cooler 8/9/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 112 Comments »
April Fool’s Inflation Medicine Threatens Progress
The world verges on recession. Central bank interest rate increases further slow growth without quelling supply-side cost-push inflation
Topics: Guest Post
Posted by Yves Smith at 9:55 am | 29 Comments »
Links 8/9/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 329 Comments »
Costa Rica’s New Government Overturns Covid-19 Vaccine Mandate, Launches Investigation Into Pfizer Contract
“We could end up in jail” if we disclose details of the former government’s contract with Pfizer, says the country’s Health Minister.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 18 Comments »
Wrong Way CalPERS Increased Private Equity Allocation by Over 50% as Investors Are Dumping Holdings
The Financial Times reports that private equity investors are running for the exits as CalPERS plans to pile on.
Topics: CalPERS, Dubious statistics, Investment management, Investment outlook, Politics, Private equity
Posted by Yves Smith at 6:29 am | 14 Comments »
America, Land of the Dying? Alarming Study Shows U.S. Killing Its Own Population
American became an outlier among rich countries in mortality rates pre pandemic, and Americans are dying younger than their peers abroad.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Hedge funds, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:46 am | 59 Comments »
2:00PM Water Cooler 8/8/2022
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 145 Comments »
The Future of Copper and the Future of Bougainville
By John McGregor, a translator and political violence researcher The mass transition to renewable energy will require a fundamental redesign of much of our technology and the infrastructure that supports it. Copper will be required in far greater quantities than it is currently. A July 2022 analysis by S&P Global has identified that there will […]
Topics: China, Commodities, Guest Post
Posted by John McGregor at 11:55 am | 14 Comments »
Links 8/8/2022
Topics: Guest Post, Links
Posted by John McGregor at 6:55 am | 239 Comments »
Memo to China: You Look Silly When You Threaten to Dump Treasuries
If China intends to cov the West, it needs to pick things it could do that would incur real damage. Selling Treasuries it not that.
Topics: China, Currencies, Doomsday scenarios, Federal Reserve, Japan, Macroeconomic policy, Politics
Posted by Yves Smith at 6:51 am | 78 Comments »
Dodgy Demand Data? The Oil Price Collapse Conspiracy
John here. Environmental concerns and tighter regulations reduced investment in refineries. Tight refining capacity then drove the high crack spreads, but they have recently. This long-term strategy to reduce the use of fossil fuels by raising prices is achieving its goal, but at the predictable cost of people using less fuel. Gas stations, largely independent […]
Topics: Energy markets, Global warming, Guest Post
Posted by John McGregor at 6:50 am | 14 Comments »
The Supreme Court’s Own Goal on Climate Change
Why the Supreme Court ruling in West Virginia v. Environmental Protection Agency looks more like hacker than jurisprudence.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 3:47 am | 8 Comments »


