Universities face an anxious and meager school year.
Recent Items
Tuesday, July 1, 2025
Universities in a Mess Over Upcoming Year; Some Reopenings Meeting Fierce Resistance
Topics: Banana republic, Pandemic, Social policy, Student loans
Posted by Yves Smith at 5:42 am | 54 Comments »
Time for the West to Embrace Chinese Industrial Policy, Not Eliminate it
Yves here. We’ve pointed out that the US does have an industrial policy, even if it comes out by default through which groups manage to extract the most subsidies. Favored sectors include housing, the defense-surveillance complex, financial services, higher education, oil and gas, and niche interests like sugar. So the umbrage about China (and Japan […]
Topics: Guest Post
Posted by Yves Smith at 3:06 am | 33 Comments »
Can Davos Man Punch the “Great Reset” Button?
The World Economics Forum asks for trouble next year, both ideologically and institutionally.
Topics: Banana republic, Garrulous insolence, Globalization, Guest Post, Politics
Posted by Lambert Strether at 4:55 pm | 87 Comments »
Exiting the Vampire Castle
We need to learn, or re-learn, how to build comradeship and solidarity instead of doing capital’s work for it by condemning and abusing each other
Topics: Guest Post
Posted by Lambert Strether at 12:25 pm | 32 Comments »
Links 7/6/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 258 Comments »
Hubert Horan: Can Collateralizing Frequent Flyer Programs Help Save the US Airlines?
Dissecting the latest airline gimmick to separate investors from their money: pledging their frequent flyer programs.
Topics: Doomsday scenarios, Free markets and their discontents, Guest Post, Pandemic, Ridiculously obvious scams
Posted by Yves Smith at 5:23 am | 26 Comments »
Risking Nuclear War for Dollars
Why the risk of nuclear war has been and remains much higher than you realize.
Topics: Banana republic, Doomsday scenarios, Guest Post, Politics, Risk and risk management, Russia
Posted by Yves Smith at 4:41 am | 23 Comments »
2020’s Plague of Locusts Spreads to Indian Subcontinent and South America
State of play for locust infestations in Nepal, Pakistan, India, Argentina, Brazil…. and the United States.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, India
Posted by Lambert Strether at 4:55 pm | 14 Comments »
Links 7/5/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 232 Comments »
Three Strikes against the Fed
Until the results of new stress tests are known, the uncertainty principle calls for extreme caution in the regulator’s approach to the capital adequacy of systemically important banks (and indeed of banks in general).
Topics: Banking industry, Federal Reserve, Regulations and regulators, Risk and risk management
Posted by Lambert Strether at 6:45 am | 39 Comments »
Links 7/4/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 195 Comments »
How Largely Hidden Trends Are Shattering the Global Trade System
Howy national conflicts, new concerns about security and supply chain risk, and technology are reshaping trade networks to be closer to home.
Topics: China, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Pandemic, Politics, Risk and risk management
Posted by Yves Smith at 3:58 am | 51 Comments »
Is Donald Trump Likely to Resign?
Looking at some underrated Trump weaknesses.
Topics: Banana republic, Income disparity, Pandemic, Politics
Posted by Yves Smith at 3:02 am | 222 Comments »
2:00PM Water Cooler 7/3/2020
COVID-19 problem states ~ Obama on Biden ~ Turner on Biden Veepstakes ~ Biden as Nerva ~ Trump’s polling ~ Tucker Carlson trial balloon ~ Trillbillies’ Booker post mortem ~ Rail ~ Employment situation ~ Recover by 2027 ~ Hydroxychloroquine once more ~ Ghislaine Maxwell ~ Identity politics
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 136 Comments »
Links 7/3/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 228 Comments »