How reforms by Argentina’s President Macri helped kick off a currency crisis.
Recent Items
Thursday, July 31, 2025
The Roots of Argentina’s Surprise Crisis
Topics: Banana republic, Currencies, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 20 Comments »
Links 6/13/18
Topics: Links
Posted by Yves Smith at 6:55 am | 176 Comments »
Some Notes on North Korea
Trying to get past the groupthink on the North Korea summit.
Topics: China, Doomsday scenarios, Japan, Politics
Posted by Yves Smith at 4:15 am | 115 Comments »
Bill Black: Democrats Should Reject Bernanke’s ‘Wily E. Coyote’ Criticism of Trump’s Deficits
Bernanke engages in a new episode of ideologically motivated economic prognostication.
Topics: Banking industry, Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 4:10 am | 38 Comments »
The Italian Mini-BOT Debate
More discussion of how well a proposed Italian parallel currency, the mini-BOT, might work in practice.
Topics: Curiousities, Europe, Free markets and their discontents, Guest Post, Macroeconomic policy
Posted by Yves Smith at 4:00 am | 4 Comments »
Can Locally-Owned Stores Save RadioShack?
RadioShack stores are coming back from the dead, um, bankruptcy.
Topics: Economic fundamentals, Guest Post, Investment outlook
Posted by Yves Smith at 1:07 am | 35 Comments »
2:00PM Water Cooler 6/12/2018
Today’s Water Cooler: Oh, Canada? Solar, generic ballot, ME-02, CO-06, constitutional crisis, Democrat unravelling, consumer prices, the Fed, smartphones, malls, ports, boxcars, trucker unrest, Stanford Prison Experiment
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 106 Comments »
Who Says Labor Laws Are “Luxuries”?
The World Bank and IMF say developing economies can’t afford to have strong labor laws. Actually, they can’t afford not to.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 6/12/18
Topics: Links
Posted by Lambert Strether at 6:55 am | 223 Comments »
Brexit: An 11th Hour Referendum Headfake to (Again) Blame the EU for the Goverment’s Failings?
Gaming out a Brexit scenario.
Topics: Brexit, Dubious statistics, Europe, Legal, Politics, UK
Posted by Yves Smith at 5:21 am | 112 Comments »
Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering”
Mirabile dictu, a Republican SEC commissioner criticizes stock buybacks….
Topics: Free markets and their discontents, Guest Post, Investment management, Investment outlook, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:15 am | 14 Comments »
CalPERS Makes Nasty, Inaccurate, and Self-Damaging Attack on Dean of Sacramento Columnists for Criticizing Private Equity Outsourcing Scheme
CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
Topics: Banana republic, CalPERS, Media watch, Private equity
Posted by Yves Smith at 9:12 pm | 10 Comments »
Chicago Readers: You Are Falling Down on Finding a Meetup Location
Dear readers, I have booked a flight and prepaid for a hotel to hold a meetup in Chicago on Friday July 6. However, if readers do not identify a suitable meetup venue, there will be no meetup and all of these expenditures of scare site funds will go down the drain. The suggestions readers have […]
Topics: Notices
Posted by Yves Smith at 4:22 pm | 38 Comments »
2:00PM Water Cooler 6/11/2018
Today’s Water Cooler: G-7, China trade, Trump and the black vote in 2020, voter rolls, ranked choice voting, manufacturing, shipping, venture capital, single payer, collective bargaining, Masterpiece Cakeshop
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 98 Comments »
Worksheet for the 2018 Midterms (How Big Does “The Wave” Have to Be?)
What the Democrats have to do to win their 23 seats and control the House, and California results.
Topics: Guest Post, Politics
Posted by Lambert Strether at 1:55 pm | 46 Comments »