A high level look at the upheaval in Turkey.
Recent Items
Thursday, June 19, 2025
Emerging Markets Swoon as Turkey Wobbles
Topics: Currencies, Doomsday scenarios, Middle East, Russia
Posted by Yves Smith at 6:00 am | 39 Comments »
Medicaid Officials Target Home Health Aides’ Union Dues
Another attack on union funding.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Legal, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 3:43 am | 16 Comments »
Where in the World Is It Easiest to Get Rich?
Debunking American exceptionalism on a pet obsession: the ability to get rich.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:37 am | 46 Comments »
2:00PM Water Cooler 8/13/2018
Today’s Water Cooler: NAFTA, Seth Moulton, Trump in NY-21 and NY-22, capital spending, shipping, Google’s dark patterns, capacity constraints, smart cities, ayahuasca
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 144 Comments »
The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks
Fracking companies are drilling too many wells in close proximity to one another, and when they frack the newer wells — known as child wells — those “bash” or “hit” the older wells, cannibalizing production and sometimes damaging the older well. The industry knows not how to solve this problem.
Topics: Energy markets, Global warming, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 9:55 am | 25 Comments »
Links 8/13/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 198 Comments »
Hubert Horan: Can Uber Ever Deliver? Part Sixteen: Is Morningstar’s Horrendously Bad Uber Analysis a Preview of Uber’s IPO Propsectus?
Why a Morningstar report on Uber’s IPO prospects does not begin to add up.
Topics: Guest Post, Regulations and regulators, Ridiculously obvious scams, Technology and innovation, Uber
Posted by Yves Smith at 3:56 am | 54 Comments »
CalPERS to End Direct Investments and Separately Managed Accounts, Limit Co-Investment as CIO Whinges About Difficulty of Putting Money to Work
CalPERS is about to take another great leap backwards in private equity.
Topics: CalPERS, Investment management, Private equity
Posted by Yves Smith at 3:55 am | 10 Comments »
The Enemy Between Us: How Inequality Erodes Our Mental Health
Inequality creates the social and political divisions that isolate us from each other.
Topics: Free markets and their discontents, Guest Post, Income disparity, Social values, The destruction of the middle class
Posted by Yves Smith at 2:00 am | 40 Comments »
Ninth Circuit Orders EPA to Ban Chlorpyrifos Pesticide
Ninth Circuit orders EPA to implement a long overdue ban of chlorpyrifos, a pesticide linked to developmental delays in children and nervous system damage to people and animals exposed. Court previously had to order Obama EPA in 2015 to act on the issue; it’s unclear whether this decision will survive appeal.
Topics: Banana republic, Environment, Guest Post, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 25 Comments »
Links 8/12/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 235 Comments »
Amidst Rising Heat Waves, UN Says Cooling is a Human Right, Not a Luxury
The rising heat waves in the world’s middle income and poorer nations are threatening the health and prosperity of about 1.1 billion people, including 470 million in rural areas without access to safe food and medicines, and 630 million in hotter, poor urban slums, with little or no cooling to protect them.
Topics: Doomsday scenarios, Global warming, Guest Post, Politics
Posted by Jerri-Lynn Scofield at 5:25 am | 44 Comments »
Links 8/11/18
Topics: Links
Posted by Yves Smith at 6:55 am | 260 Comments »
ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge
The Turkish lira’s swan dive is causing all sorts of collateral damage.
Topics: Banking industry, Currencies, Doomsday scenarios, Europe, Politics, Ridiculously obvious scams
Posted by Yves Smith at 4:12 am | 28 Comments »
Gaius Publius: Why Is Thomas Frank Puzzled?
Is Thomas Frank really puzzled about the feckless Dems? Or is he still hoping they might change their stripes?
Topics: Banana republic, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Politics, Social values
Posted by Yves Smith at 1:25 am | 115 Comments »