The initial Biden foreign policy backfires are leading to even more cooperation betwen China and Russia.
Recent Items
Tuesday, October 14, 2025
Russia and China Are Sending Biden a Message: Don’t Judge Us or Try to Change us. Those Days Are Over
Topics: Banana republic, China, Globalization, Guest Post, Politics, Russia
Posted by Yves Smith at 6:00 am | 126 Comments »
Utopian Socialism Brings About Toilet Paper Shortages Maybe In The Near Future, or A Short Ideological History of the Suez Canal
Why it’s socialists’ fault that that big ship is stuck in the Suez.
Topics: Doomsday scenarios, Energy markets, Free markets and their discontents, Guest Post, Middle East, Social values, The dismal science
Posted by Yves Smith at 4:36 am | 53 Comments »
2:00PM Water Cooler 3/26/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 146 Comments »
Incomplete and Indecisive USPS Board Flounders and Awaits Direction
Despite Biden moving to fill open USPS board seats, don’t get your hopes up.
Topics: Banana republic, Free markets and their discontents, Globalization, Income disparity, Politics, Privatization, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 22 Comments »
Links 3/26/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 129 Comments »
Ships, Chips, and IPs: The High Costs of Tight Coupling
Tight coupling explains how innocent bystanders wind up suffering under neoliberal regimes: unwillingness to incur costs to increase safety.
Topics: Guest Post
Posted by Yves Smith at 6:54 am | 20 Comments »
Why Won’t Doctors Take Cash?
Are my weird run-ins with doctors over “self pay” just anomalies or are they symptoms of other changes in business practices?
Topics: Banana republic, Free markets and their discontents, Health care, Ridiculously obvious scams
Posted by Yves Smith at 6:53 am | 92 Comments »
U.S. Joins “Rules-Based World” on Afghanistan
Why the US appears to be retreating from the idea it can remake the world to its own liking, at least in Afghanistan.
Topics: Banana republic, Globalization, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:49 am | 18 Comments »
2:00PM Water Cooler 3/25/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 111 Comments »
CalPERS Shoots Itself in the Foot: Undermines Its Position in Insolent Letter Demanding JJ Jelincic Drop His Case Against Secrecy Abuses
Not only is CalPERS in a poor position in defending against a suit by former board member JJ Jelincic, but its attorney isn’t helping.
Topics: Banana republic, CalPERS, Investment management, Legal, Media watch
Posted by Yves Smith at 10:18 am | 15 Comments »
Links 3/25/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 218 Comments »
Sick Unicorns: America’s Broken Start-Up System
Unicorn startups are even more unprofitable than those that did not achieve unicorn status.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Investment management, Private equity, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 6:49 am | 36 Comments »
Rising Temperatures, Melting Ratings
Taking a stab at how global warming will affect bond ratings in the intermediate and long term.
Topics: Credit markets, Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Investment outlook
Posted by Yves Smith at 6:35 am | 10 Comments »
Revealed: Doctors Worldwide Offer ‘Dangerous’ Treatment to ‘Reverse’ Abortions
Health experts call regulators to bar controversial anti-abortion method touted by US Christian right activists.
Topics: Guest Post, Health care, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:20 am | 3 Comments »
2:00PM Water Cooler 3/24/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 97 Comments »