Yves here. Michel Hudson, in this short talk with The Saker, debunks many widespread misperceptions about the dollar, the US economy, and the prospects for fundamental change. I have only a couple of teeny quibbles and a further thought. Hudson discusses private equity buying up single family homes. While that was a very big trend […]
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Saturday, January 17, 2026
The Saker Interviews Michael Hudson
Topics: Banana republic, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Europe, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Politics, Real estate
Posted by Yves Smith at 6:36 am | 30 Comments »
Construction Costs Spike 17.5%, Worst Since at Least 1965. Inventories of New Houses Pile Up, Highest Since 2008. Median Price Dives as Mix Shifts
A rise of unfinished houses thanks to construction delays. Massive supply building up in the pipeline.
Topics: Commodities, Credit markets, Economic fundamentals, Federal Reserve, Guest Post, Investment outlook, Market inefficiencies, Real estate
Posted by Yves Smith at 6:29 am | 33 Comments »
EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments
Not surprisingly, it’s easier to move goalposts and designate gas and nuclear power as sustainable than get serious about cutting consumption
Topics: Doomsday scenarios, Dubious statistics, Energy markets, Environment, Europe, Global warming, Guest Post, Politics, Regulations and regulators
Posted by Yves Smith at 5:50 am | 44 Comments »
2:00PM Water Cooler 1/26/2022
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 101 Comments »
How 5G Puts Airplanes at Risk – An Electrical Engineer Explains
More on the 5G rollout controversy.
Topics: Doomsday scenarios, Dubious statistics, Guest Post, Politics, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 9:55 am | 62 Comments »
Links 1/26/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 167 Comments »
Pfizer Launches Clinical Trial for Omicron Booster Awfully Late….What Gives?
The curious plot so far: an off again, on again Pfizer Omicron booster.
Topics: Banana republic, Health care, Pandemic, Politics, Regulations and regulators
Posted by Yves Smith at 6:54 am | 51 Comments »
China’s Government Is Targeting ‘Sissy’ Men, with Devastating Consequences
Good old fashioned men are all that China wants these days.
Topics: China, Guest Post, Media watch, Politics, Social policy
Posted by Yves Smith at 6:26 am | 58 Comments »
The Era of Cheap Renewables Grinds To A Halt
Long-discussed concerns about environmental costs and overall supplies of critical inputs to renewables are finally starting to materialize.
Topics: Energy markets, Environment, Free markets and their discontents, Global warming, Globalization, Technology and innovation
Posted by Yves Smith at 12:07 am | 89 Comments »
2:00PM Water Cooler 1/25/2022
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
It’s Time to Expand the COVID-19 Exception to All American Health Care
The Feds throwing money at some parts of Covid care is arguably a precedent to build on. But the US is not exceptional that way.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Pandemic, Politics, Social policy
Posted by Yves Smith at 9:55 am | 33 Comments »
Links 1/25/2022
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 186 Comments »
Citi’s Hurried Exit From Mexico Just Hit a $5 Billion Snag
An eight-year court case in Mexico involving the New York lender remains unresolved. And it could take another two years to reach a verdict.
Topics: Guest Post
Posted by Nick Corbishley at 6:55 am | 15 Comments »
How Inequality Leads to Industrial Feudalism
How highly unequal asset ownership diminishes social mobility and institutionalizes modern-era feudalism.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, Politics, Privatization, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:30 am | 22 Comments »
Why Medicare Doesn’t Pay for Rapid At-Home Covid Tests
No access to Covid home tests beyond the 4 per month per address freebie is yet another proof that Medicare sucks.
Topics: Banana republic, Guest Post, Health care, Pandemic, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 1:31 am | 58 Comments »


