The IMF is backing a tax reform bill in Ecuador that will enable capital flight and further austerity.
Recent Items
Tuesday, September 23, 2025
After the Argentina Debacle, the IMF Endorses Weakening Capital Controls in Ecuador
Topics: Banana republic, Banking industry, Credit markets, Free markets and their discontents, Guest Post, Macroeconomic policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:20 am | 12 Comments »
Sweden Retreats from Negative Interest Rate Experiment
Sweden throws in the towel on its negative interest rate policy as inflation stays stubbornly low.
Topics: Banking industry, Credit markets, Economic fundamentals, Europe, Federal Reserve, Investment outlook, Macroeconomic policy, The dismal science
Posted by Yves Smith at 6:04 am | 21 Comments »
Impeachment Semi-Open Thread
The historic House vote means impeachment is on. Or is it?
Posted by Yves Smith at 3:05 am | 112 Comments »
2:00PM Water Cooler 12/18/2019
Today’s Water Cooler: EU trade, Biden, Buttigieg, Sanders, Warren, Yang, impeachment, Times Cenk correction, John Solomon, political comedy, mystery pork, FedEx, Softbank, Ring security, magnetic north, the Mediterranean, Alaskan farming, citizen science, homeless in Las Vegas, the Clash
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 145 Comments »
As Rural Americans Struggle for Health Care Access, Insurers May Be Making Things Worse
How health insurers discriminate against rural communities.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Ridiculously obvious scams, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 19 Comments »
Links 12/18/19
Topics: Links
Posted by Yves Smith at 6:55 am | 187 Comments »
Bill Black: Lawrence O’Donnell Aims at Buttigieg, But Hits New Democrats
A takedown of the New Democrats’ love of austerity.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class
Posted by Yves Smith at 6:40 am | 20 Comments »
Can The EV Revolution Survive Without Tax Credits?
Automakers are petitioning for an extension of EV tax credits. How critical is that to sales growth?
Topics: Auto industry, Environment, Global warming, Guest Post, Taxes, Technology and innovation
Posted by Yves Smith at 6:21 am | 31 Comments »
The Green New Deal as an Anti-Neoliberal Program
On the positive effects of a Green New Deal.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Guest Post, Social policy
Posted by Yves Smith at 2:58 am | 33 Comments »
2:00PM Water Cooler 12/17/2019
Today’s Water Cooler: Bloomberg, Buttigeig, Sanders, Trump, Warren, the California ballot, voting machines, Democrat debates, Amazon, Google, venture capital, content moderation, COP25 debacle, coal demand, feral hogs, billionaire playgrounds, transportation infrastructure, coffee
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 148 Comments »
A National Disgrace’: Trump Proposes Social Security Change That Could End Disability Benefits for Hundreds of Thousands
While you were distracted by impeachment theatrics, Trump creates more obstacles to keeping Social Security disability benefits
Topics: Banana republic, Guest Post, Income disparity, Regulations and regulators, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 77 Comments »
Links 12/17/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 211 Comments »
Wildfires Are Getting Worse, and So Is the Deadly Smoke They Bring With Them
udies of wildfire smoke give even more cause for pause.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Health care
Posted by Yves Smith at 5:52 am | 13 Comments »
What Would Happen If The ACA Went Away?
The ACA is back in play.
Topics: Guest Post, Health care, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 5:12 am | 40 Comments »
Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected
Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 4:19 am | 89 Comments »