Brexit demonstrates the saying, “Things look the darkest before they go completely black.”
Recent Items
Tuesday, August 19, 2025
Another Theresa May Faceplant as the Brexit Clock Ticks: Speaker Bercow Nixes Another Meaningful Vote in Current Session [Updated]
Topics: Brexit, Doomsday scenarios, Europe, Politics, UK
Posted by Yves Smith at 4:40 am | 109 Comments »
Bill Black: The Day Orthodox Economists Lost Their Minds and Integrity (#MMT)
Chronicling and debunking more scurrilous attacks against MMT.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The dismal science
Posted by Yves Smith at 4:34 am | 74 Comments »
2:00PM Water Cooler 3/18/2019
Todays Water Cooler: Open thread.
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 157 Comments »
Report from the Ground in Paris: The Most Recent Gilets Jaunes Protests
A report from Colonel Smithers.
Topics: Banana republic, Europe, Globalization, Guest Post, Politics, The destruction of the middle class
Posted by Lambert Strether at 1:55 pm | 35 Comments »
Links 3/18/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 238 Comments »
Electronic Health Records: Death By A Thousand Clicks
Rather than an electronic ecosystem of information, the nation’s thousands of EHRs largely remain a sprawling, disconnected patchwork. Moreover, the effort has handcuffed health providers to technology they mostly can’t stand and has enriched and empowered the $13-billion-a-year industry that sells it.
Topics: Banana republic, Guest Post, Health care, Regulations and regulators, Technology and innovation
Posted by Lambert Strether at 6:25 am | 34 Comments »
Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger
Even by the low standards of necessity-driven bank mergers, the proposed tie up of Deutsche Bank and Commerzbank looks particularly dodgy.
Topics: Banking industry, Doomsday scenarios, Europe, Politics, Regulations and regulators
Posted by Yves Smith at 3:02 am | 18 Comments »
“Middle Class” Once Meant Stability and Now Means Fragility
The middle class used to be the bedrock of American institutions. Now its members are coping with an uncertain future.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 2:50 am | 75 Comments »
Seeking Feedback on Possible Meetups: DC on Thursday March 28, Milwaukee on Wednesday May 1?
Please react to some ideas for meetups!
Topics: Notices
Posted by Yves Smith at 2:45 am | 9 Comments »
Can Facebook’s Mark Zuckerberg Be Trusted To Turn Facebook into a “Privacy-Focused Communications Platform?”
Spoiler alert: No.
Topics: Guest Post, Media watch, Ridiculously obvious scams, Social policy, Technology and innovation
Posted by Lambert Strether at 2:25 pm | 39 Comments »
Links 3/17/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 254 Comments »
Who’s Behind Trump’s Claim the Green New Deal Will Cost $100 Trillion?
President Trump’s claim that the Green New Deal would cost $100 trillion can be traced back to the Manhattan Institute, a think tank backed by fossil fuel investor Paul Singer and companies like ExxonMobil.
Topics: Energy markets, Environment, Guest Post, Politics, Private equity
Posted by Lambert Strether at 6:45 am | 43 Comments »
TD Bank: America’s Most Inconvenient Bank
Why you should not bank at TD Bank.
Topics: Banana republic, Banking industry, Ridiculously obvious scams, Technology and innovation
Posted by Yves Smith at 1:38 am | 60 Comments »
Links 3/16/19
Topics: Links
Posted by Yves Smith at 6:55 am | 244 Comments »
Outsourcing Giant Interserve with 65,000 Employees Collapses
Another UK outsourcing implosion in just over a year….what gives?
Topics: Banana republic, Free markets and their discontents, Guest Post, Privatization, Ridiculously obvious scams, UK
Posted by Yves Smith at 3:11 am | 39 Comments »