The EU’s latest hare-brained gambit is likely to put further downward pressure on economic activity while exerting further upward pressure on inflation, which is already at or around decades-highs in most places.
Recent Items
Friday, July 24, 2026
Europe Braces for Stagflation After EU Bans, At Least Officially, Two-Thirds of Russian Oil
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 25 Comments »
Giant Tech Firms Plan to Read Your Mind and Control Your Emotions. Can They Be Stopped?
Author and law professor Maurice Stucke explains why Big Tech practices are so dangerous and what’s really required to rein them in.
Topics: Guest Post, Media watch, Politics, Regulations and regulators, Technology and innovation
Posted by Yves Smith at 6:24 am | 29 Comments »
Gresham’s New Law – In War There Is No Law
Gresham as an introduction to some of the key financial players in Russia.
Topics: Doomsday scenarios, Free markets and their discontents, Guest Post, Politics, Russia
Posted by Yves Smith at 5:36 am | 14 Comments »
2:00PM Water Cooler 5/31/2022
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 249 Comments »
Links 5/31/2022
Topics: Links
Posted by Yves Smith at 6:58 am | 186 Comments »
EU Continues to Try to Hurt Russia by Shooting Itself in the Foot
Amazement that the EU is engaging in yet more self harm to try to damage Russia.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Europe, Globalization, Politics, Russia
Posted by Yves Smith at 6:49 am | 130 Comments »
CalPERS Staff in Fury Over Covid Negligence, Regulation-Breaking Risking Staff, Seniors, and Day-Care Children; CalPERS Lies About Cases and Lack of Compliance
CalPERS has risen from being a risk to merely to the financial health of beneficiaries and taxpayers to being a bona fide health hazard.
Topics: Banana republic, CalPERS, Corporate governance, Dubious statistics, Health care, Pandemic, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 1:58 am | 22 Comments »
A Sad Day in Kentucky: Judge Philip Shepherd Recuses Himself from Kentucky Retirement Systems Case
The big Wall Street defendants in the seemingly never-ending Mayberry v. KKR saga, over charges of breaches of fiduciary duty, fee grifting, and other bad behavior, got a big break due to a remarkably lame error by the presiding judge, Philip Shepherd. His being assigned to the case in 2017 was seen as offering some […]
Topics: Health care, Investment management, Legal, Politics, Private equity
Posted by Yves Smith at 1:11 am | 4 Comments »
Everything’s Coming Up Roses
Roses are blooming in our garden, providing a welcome distraction from the dire and depressing news cycle.
Topics: Curiousities, Guest Post, Permaculture
Posted by Jerri-Lynn Scofield at 3:55 pm | 32 Comments »
Links 5/30/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 260 Comments »
Organizers Herald 100th Win as Starbucks Unionization Wave Continues
The Starbucks unionization wave continues. May it spread to other parts of the economy. Amazon, maybe? And beyond.
Topics: Guest Post
Posted by Jerri-Lynn Scofield at 6:54 am | 8 Comments »
NY Spurns Recycling Fairy, and Instead Considers New Extended Producer Responsibility Requirements
NY is poised to say no to plastics? Alas, no, but the state is mulling extended producer responsibility measures, to place the onus for waste management on plastics pushers rather than on consumers.
Topics: Doomsday scenarios, Environment, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 2:26 pm | 26 Comments »
Links 5/29/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 261 Comments »
Bank Holidays: How a Day Off Work Affects the Economy
In praise of holidays. Happy Memorial Day!
Topics: Guest Post
Posted by Jerri-Lynn Scofield at 6:50 am | 7 Comments »
Link 5/28/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 284 Comments »




