Recent Items
Sunday, November 2, 2025
Links 9/1/2021
Topics: Links
Posted by Yves Smith at 6:58 am | 180 Comments »
Behold the Watered Stock’s New Variant!
Back to the future! Welcome to the successor to a 19th century favorite, watered stock.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Investment management, Investment outlook, Market inefficiencies, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 6:22 am | 8 Comments »
Michael Hudson v. George Soros on China’s Rejection of “Market” Capitalism
Soros has a hissy over China’s Xi no longer wanting to play nicely with foreign investors.
Topics: China, Economic fundamentals, Free markets and their discontents, Globalization, Income disparity, Investment management, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 5:53 am | 79 Comments »
Prominent CalPERS Retiree Group Warns California Secretary of State About Illegal, Hacking-Friendly Voting Methods
An important CalPERS beneficiary group calls out the fund’s use of illegal, insecure, fraud-friendly internet and phone voting.
Topics: Banana republic, CalPERS, Dubious statistics, Politics
Posted by Yves Smith at 3:48 am | 10 Comments »
2:00PM Water Cooler 8/31/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Afghan Crisis Must End America’s Empire of War, Corruption and Poverty
The US “lost” AFghanistan by enriching military contractors and grifters, um, mercenaries, and plans to continue to punish the Afghan people
Topics: Guest Post
Posted by Yves Smith at 9:55 am | 41 Comments »
Links 8/31/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 222 Comments »
“We Will No Longer Sell Crude Abroad”: Mexican President AMLO
This is good news for Mexico’s long-beleaguered state-owned oil company, Pemex, but not such good news for the US’ refinery industry.
Topics: Commodities, Energy markets, Environment, Guest Post
Posted by Nick Corbishley at 6:57 am | 40 Comments »
EXPOSED: How CalPERS Tried and Continues to Try to Cover Up Former Chief Investment Officer Ben Meng’s Misconduct
A CalPERS case study in “The cover up is worse than the crime,” Ben Meng edition.
Topics: Banana republic, CalPERS, Investment management, Legal, Media watch
Posted by Yves Smith at 3:52 am | 25 Comments »
‘Net Zero Emissions’ and the Carbon Offsetting Scam
Big Polluters are advancing a “net zero” climate agenda to delay, deceive, and deny. The IPCC is inadvertently helping them.
Topics: Carbon credits, Doomsday scenarios, Dubious statistics, Environment, Global warming, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 12:30 am | 26 Comments »
The Fragility of the New York City Subway System
What if Hurricane Sandy was only the beginning?
Topics: Global warming, Guest Post, Infrastructure
Posted by Lambert Strether at 6:25 pm | 44 Comments »
2:00PM Water Cooler 8/30/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 173 Comments »
Global Weather Disruptions, Food Commodity Prices, and Economic Activity: A Global Warning For Advanced Countries
Examines the macroeconomic effects of global food commodity price increases that are caused by global harvest and weather disruptions, and finds that the decline in economic activity is substantial and greater in advanced than in low-income countries.
Topics: Commodities, Global warming, Globalization, Guest Post, Politics
Posted by Lambert Strether at 9:55 am | 22 Comments »
Links 8/30/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 257 Comments »
Board Member David Miller Takes CalPERS-Paid Vacation by Abdicating Oversight, Obstructing Board Members Doing Their Job
Why David Miller deserves a special place in the CalPERS board member Hall of Shame.
Topics: Banana republic, CalPERS, Corporate governance, Investment management, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 3:56 am | 16 Comments »



