Yves here. A map of the Strait of Hormuz and environs seemed a useful addition. The danger, as the article insinuates, is that if things got that far, a conflict over the Strait of Hormuz would escalate into a full-scale conflagration. By Dr. Cyril Widdershoven, a long-time observer of the global energy market. Presently, he […]
Recent Items
Sunday, July 27, 2025
Iran Threatens To Close the Strait of Hormuz
Topics: Doomsday scenarios, Energy markets, Guest Post, Middle East, Politics
Posted by Yves Smith at 12:48 am | 74 Comments »
Richard Murphy: Ignore the Gini Coefficient – Real Inequality Is Growing and People Are Suffering as a Result
More lying with statistics on the inequality front.
Topics: Dubious statistics, Guest Post, Income disparity, The destruction of the middle class
Posted by Yves Smith at 12:33 am | 24 Comments »
Links 7/4/18
Topics: Links
Posted by Yves Smith at 6:55 am | 199 Comments »
Interview: Teaching Graham Elwood Modern Money, and How the Progressive Media Gets It Wrong
A case study in teaching modern money to a progressive who unknowingly has swallowed neoliberal economic ideas.
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:29 am | 173 Comments »
Why Don’t Americans Take More Vacations? Blame It on Independence Day
How businesses created Americanization Day, later Independence Day, to counter the rising labor movement.
Topics: Banking industry, Free markets and their discontents, Income disparity, Politics, Summer rerun
Posted by Yves Smith at 3:15 am | 34 Comments »
Meetups Coming Soon! Friday July 6 in Chicago, Sunday July 8 in Green Bay
Reminders and details for coming meetups. See you soon!
Topics: Notices
Posted by Yves Smith at 1:25 am | 2 Comments »
2:00PM Water Cooler 7/3/2018
Today’s Water Cooler: China trade, Oprah 2020, the left and the ballot, Ocasio-Cortez, employment, trade, Tesla, AT&T, Comcast, Thomas Frank, expatriation, Juggalos and facial recognition
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 143 Comments »
Links 7/3/18
Topics: Links
Posted by Yves Smith at 6:55 am | 208 Comments »
Anthony Kennedy and Our Delayed Constitutional Crisis
The role Justice Anthony Kennedy played in the deteriorating legitimacy of the Supreme Court.
Topics: Guest Post, Legal, Politics
Posted by Yves Smith at 3:15 am | 78 Comments »
Richard Murphy: Stock Markets Look Ever More Like Ponzi Schemes
Why is it entirely sensible to regard stock markets as Ponzi schemes.
Topics: CEO compensation, Corporate governance, Free markets and their discontents, Guest Post, Investment management, Investment outlook, Moral hazard, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:08 am | 58 Comments »
Holiday Schedule
We are taking a sort of holiday, um, staycation, um breather. Hope you get to take a break too!
Topics: Notices
Posted by Yves Smith at 2:24 am | 21 Comments »
2:00PM Water Cooler 7/2/2018
Today’s Water Cooler: Tariffs and Mr. Market, Supreme Court and midterms, DNC fundraising, manufacturing, construction, sand, Tesla, email, class, trees, slow photography
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 131 Comments »
As Industry Pushes Billion-Dollar Fracked Petrochemical Projects, State Regulators Struggle To Keep Up
Fueled by fracking in the region, petrochemical and plastics projects in the Ohio River Valley are attracting tens of billions of dollars in investment, overwhelming state regulators who are unprepared and ill-equipped to oversee this next wave of industrialization.
Topics: Banana republic, Energy markets, Environment, Global warming, Guest Post, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:25 am | 11 Comments »
Links 7/2/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 163 Comments »
EU Calls Trump’s Bluff on Auto Tariffs as Trump Tries Dead on Arrival WTO Exit Plan
The EU is neither happy with nor cowed by Trump’s latest trade threat.
Topics: Auto industry, China, Europe, Free markets and their discontents, Globalization, Legal, Politics, The destruction of the middle class
Posted by Yves Smith at 4:26 am | 35 Comments »