A PR campaign presenting the consumer fraud known as surprise billing as beneficial doesn’t stand up to scrutiny.
Recent Items
Sunday, September 28, 2025
Doctors Argue Plans To Remedy Surprise Medical Bills Will ‘Shred’ The Safety Net
Topics: Banana republic, Guest Post, Health care, Media watch, Ridiculously obvious scams
Posted by Yves Smith at 6:30 am | 35 Comments »
Australia Debates: Communist Party China the New Nazi Germany?
A row Down Under as a prominent and well placed MP says some not-nice things about China.
Topics: Australia, China, Doomsday scenarios, Globalization, Guest Post, Politics, Surveillance state
Posted by Yves Smith at 6:12 am | 29 Comments »
2:00PM Water Cooler 8/7/2019
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 161 Comments »
Tightening Nickel Supply Threatens Electric Vehicle Boom
Nickel supplies are a new electronic vehice maker worry.
Topics: Commodities, Energy markets, Environment, Global warming, Guest Post
Posted by Yves Smith at 9:55 am | 62 Comments »
Links 8/7/19
Topics: Links
Posted by Lambert Strether at 6:55 am | 220 Comments »
Apollo Doth Protest Too Much: Our Leon Black-Jeff Epstein Post Elicits Intervention by Apollo’s Flack
Apollo looks unduly anxious.
Topics: Media watch, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 6:30 am | 39 Comments »
Low on Water, California Farmers Turn to Solar Farming
Some California farmers are shifting their “crops” to reduce water use. But is it too little, too late?
Topics: Energy markets, Environment, Global warming, Guest Post
Posted by Yves Smith at 4:57 am | 30 Comments »
Britain After Brexit: Welcome to the Vulture Restaurant
US business will asset-strip the UK, but that’s not all: the Pentagon will find the little-known fragments of the British empire very useful.
Topics: Banana republic, Brexit, Doomsday scenarios, Economic fundamentals, Europe, Free markets and their discontents, Guest Post, The destruction of the middle class, UK
Posted by Yves Smith at 2:54 am | 71 Comments »
2:00PM Water Cooler 8/6/2019
Today’s Water Cooler: Biden, Sanders, Trump, Warren, billionaire donors, El Paso shootings, AOC’s chief of staff, DNC dysfunction, DSA convention, typos that change lives, those feral hogs
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 261 Comments »
How Private Prisons Affect Sentencing
Since the introduction of private prisons, rates of incarceration have risen strongly . How much are those prisons to blame?
Topics: Banana republic, Guest Post, Legal, Privatization, Social policy
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 8/6/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 250 Comments »
Michael Hudson: Why Frances Coppola’s “The Case for the People’s Quantitative Easing” Is for Banks, Not the People
A dubious proposal to continue over-reliance on monetary policy, this time with a quantitative easing scheme, instead of fiscal spending.
Topics: Banking industry, Credit markets, Economic fundamentals, Federal Reserve, Free markets and their discontents, Guest Post, Income disparity, Market inefficiencies, The destruction of the middle class
Posted by Yves Smith at 6:00 am | 17 Comments »
What Plunging Global Semiconductor Sales Says About Autos, IT & How the Economy Reacts to Uncertainties
Should you worry about the biggest fall in semiconductor sales since the Financial Crisis?
Topics: Auto industry, Doomsday scenarios, Dubious statistics, Economic fundamentals, Globalization, Guest Post, Investment outlook, Technology and innovation
Posted by Yves Smith at 3:27 am | 14 Comments »
Mr. Market Swoons as Trump Administration Escalates Trade War with China With “Currency Manipulator” Charge
Markets are in a tizzy over the US-China trade row. But what might come next?
Topics: China, Currencies, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Globalization, Income disparity, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 2:25 am | 19 Comments »
Credentialism and Corruption: A Second Look at the College Admissions Scandals
Estimating the scope of corruption in the college admissions process.
Topics: Guest Post, Income disparity, Ridiculously obvious scams, Social values, Student loans, The destruction of the middle class
Posted by Lambert Strether at 3:25 pm | 58 Comments »