Recent Items
Monday, July 21, 2025
Links 9/25/18
Topics: Links
Posted by Yves Smith at 6:55 am | 199 Comments »
How the Crisis Caused a Pension Train Wreck
Why pension funds, and retirement savers generally, are big victims of the financial crisis.
Topics: CalPERS, Federal Reserve, Free markets and their discontents, Income disparity, Investment management, Risk and risk management, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:03 am | 44 Comments »
Widely-Reported Study on Uber, Lyft Driver Economics Misses Fundamental Deterioration
Once again, some Uber and Lyft data that ought to generate more questions instead gets a free pass from the press.
Topics: Income disparity, Private equity, Ridiculously obvious scams, Technology and innovation, The destruction of the middle class, Uber
Posted by Yves Smith at 3:28 am | 18 Comments »
IPCC Manipulating Climate Report Summary to Favor Wealthy Nations
The upcoming IPCC report overview is being airbrushed so as to cut unwarranted slack to developed economies.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Politics
Posted by Yves Smith at 12:01 am | 13 Comments »
2:00PM Water Cooler 9/24/2018
Today’s Water Cooler: China trade and Iowa, Booker, Sanders, Kavanaugh, Rosenstein, national activity, manufacturing, Tesla, Instacart, Google Chrome
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 120 Comments »
First Set of High Seas Treaty Negotiations Concludes in New York
The first set of of four negotiating sessions to produce a UN treaty on the high seas by 2020 concluded last week in New York; this would extend the existing law of the sea framework beyond each nation’s territorial waters.
Topics: Doomsday scenarios, Environment, Guest Post, Japan, Legal, Politics, Russia
Posted by Jerri-Lynn Scofield at 11:55 am | 7 Comments »
Links 9/24/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 239 Comments »
Don Quijones: Multiple Online Banking Systems Go Down in the UK
Customers of three major UK banks were stymied by online banking problems Friday, when multiple systems crashed, limiting access to their accounts. Another installment in the ongoing war on cash.
Topics: Banking industry, Payment system, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 5:25 am | 20 Comments »
How CalPERS CEO Marcie Frost’s Efforts to Organize Astroturf Support Are Compromising Her
If she succeeds, the survival efforts of CalPERS CEO Marcie Frost will come at a cost to the giant pension fund.
Topics: Banana republic, CalPERS, Corporate governance, Media watch, Moral hazard
Posted by Yves Smith at 6:08 pm | 14 Comments »
Does the U.S. Have the Ingredients to Win a Trade War?
In winning the trade battle with China, Trump may lose the war against inflation.
Topics: China, Credit markets, Currencies, Doomsday scenarios, Economic fundamentals, Globalization, Guest Post, Politics
Posted by Yves Smith at 6:00 pm | 45 Comments »
SEC Enforcement Wanes on Trump’s Watch
SEC co-director of enforcement Stephanie Avakian delivered a speech in Dallas last week defending the agency’s enforcement record, as the number of cases brought and amount of fines collected both continue to drop.
Topics: Banana republic, Guest Post, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 1:55 pm | 7 Comments »
Links 9/23/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 227 Comments »
Rep. Tulsi Gabbard: It Is Outrageous That the US Is Supporting a Genocidal War in Yemen
Over 5 million children are facing starvation and a cholera outbreak is raging in Yemen, the worst humanitarian crisis in the world, yet the US continues to support the Saudi bombing and destruction of the country, says Rep. Tulsi Gabbard
Topics: Banana republic, Guest Post, Middle East, Politics
Posted by Jerri-Lynn Scofield at 3:55 am | 17 Comments »
Links 9/22/18
Topics: Links
Posted by Yves Smith at 6:55 am | 183 Comments »
The Spider’s Web: Britain’s Second Empire
How Britain’s system of offshore finance and tax havens developed and preserved the UK’s role as the largest player in international finance.
Topics: Banana republic, Banking industry, Currencies, Economic fundamentals, Free markets and their discontents, Globalization, Payment system, Regulations and regulators, Taxes, UK
Posted by Yves Smith at 6:53 am | 60 Comments »