Why the EU Covid-19 rescue program is destined to be a sick joke.
Recent Items
Tuesday, July 1, 2025
While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed
Topics: Banking industry, Doomsday scenarios, Economic fundamentals, Europe, Free markets and their discontents, Guest Post, Macroeconomic policy, Pandemic, Politics
Posted by Yves Smith at 1:27 am | 28 Comments »
The Mekong River, Water Wars, and Information Wars
By Lambert Strether of Corrente I’m afraid this is a post where I did indeed catch a bird, just not the one that I intended to catch. I had thought to write a post the Mekong River part of the biosphere (as with coral, mangroves, soil, and algae in Lake Erie) but as it turned […]
Topics: China, Environment, Global warming, Guest Post
Posted by Lambert Strether at 4:55 pm | 22 Comments »
Links 7/19/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 358 Comments »
Could Leaving ‘Room for the River’ Help Protect Communities from Floods?
A pioneering Dutch strategy offers one way to respond to the increasing threat of flooding.
Topics: Environment, Global warming
Posted by Lambert Strether at 6:45 am | 12 Comments »
Links 7/18/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 319 Comments »
There Can Be No Equality Without a Dramatic Renewal of Employment Opportunity for All American Workers
Workers, and above all black workers, lost out when unions came under attack and corporate profiteering and short-termism became the norm.
Topics: Auto industry, Free markets and their discontents, Guest Post, Income disparity, Infrastructure, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 3:52 am | 63 Comments »
Why Africa’s Green Revolution Failed
A new report shows Africa’s Green Revolution is “failing on its own terms.”
Topics: Africa, Economic fundamentals, Guest Post, Permaculture, Social policy
Posted by Yves Smith at 3:29 am | 19 Comments »
2:00PM Water Cooler 7/17/2020
COVID problem states ~ Big donors unbelt for Biden ~ Trump shakes up campaign leadership ~ Politico’s horrid beat sweetener with CIA goon Slotkin ~ Consumer sentiment, construction, rail, employment situation ~ Wirecard shorts ~ Shortages as COVID peaks again ~ COVID data ~ Unbadged Feds bundle Portland protesters into unmarked vans ~ Reddit
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 139 Comments »
Learning to Love State Capitalism
We’re constantly told that state capitalism is back. But these narratives are far from innocent.
Topics: China, Economic fundamentals, Free markets and their discontents, Guest Post, Politics, Russia, Social policy
Posted by Yves Smith at 9:55 am | 44 Comments »
Links 7/17/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 224 Comments »
Misunderstanding Public Pension Fund Implications of Thole v. US Bank and Mayberry v. KKR
How some commentators are misreading two recent court cases on pensions: Thole v. US Bank and Mayberry v. KKR.
Topics: CalPERS, Hedge funds, Investment management, Legal, Politics, Ridiculously obvious scams
Posted by Yves Smith at 6:19 am | 3 Comments »
Introducing *An Economic Program for American Democracy*
A 1938 economic manifesto makes modern day schemes look inadequate and unimaginative.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Infrastructure, Investment outlook, Macroeconomic policy, Market inefficiencies, Politics, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:37 am | 27 Comments »
“Cancel Culture,” Race and the Greed of the Billionaire Class
Why cancel culture gets the elites off the inequality hook.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 12:50 am | 107 Comments »
Hysteria Ensues as Trump Administration Orders Hospitals to Send COVID-19 Data to HHS, not the CDC
When HHS decided to take COVID-19 data collection away from CDC, that might have been a smart move.
Topics: Guest Post, Pandemic, Politics
Posted by Lambert Strether at 5:55 pm | 40 Comments »
2:00PM Water Cooler 7/16/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 215 Comments »