How student debt is killing its host.
Recent Items
Wednesday, August 6, 2025
Killing a Parasite — Canceling Student Debt, Part 1
Topics: Banana republic, Banking industry, Guest Post, Ridiculously obvious scams, Student loans, The destruction of the middle class
Posted by Yves Smith at 5:02 am | 70 Comments »
Melting Ice Could Release Hazardous Waste from Abandoned Cold War Site
Melting Greenland ice will release chemical and some radioactive nasties from an old US Cold War base. Expect more of this sort of thing.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post
Posted by Yves Smith at 2:57 am | 5 Comments »
2:00PM Water Cooler 2/26/2018
Today’s Water Cooler: NAFTA, Kamala Harris, Schiff memo, Janus case, new homes, Dropbox, Medicare Extra, poverty, student debt, gut biome
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 183 Comments »
Trump SEC Fails to Pursue Aggressive Deregulatory Agenda (Albeit from Previous Pathetic Baseline)
WSJ reports Trump SEC has failed to pursue an aggressive deregulatory agenda; legislation necessary to disable securities framework further.
Topics: Banana republic, Banking industry, Corporate governance, Guest Post, Legal, Moral hazard, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 3 Comments »
Links 2/26/18
Topics: Guest Post
Posted by Jerri-Lynn Scofield at 6:55 am | 199 Comments »
Dire Consequences of Ignoring Trade in Climate Change Targets: On Track to 3.5 C Temperature Increase by 2100
Astonishingly, climate change accords like Kyoto and Paris ignore the impact of trade. That omission means our collective goose is cooked.
Topics: China, Doomsday scenarios, Dubious statistics, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Globalization, Regulations and regulators, The dismal science
Posted by Yves Smith at 6:17 am | 45 Comments »
Dr. Strangelove in the Pentagon: Lowering the Nuclear Threshold and Other Follies of the New Nuclear Posture Review
New Pentagon Nuclear Posture Review makes nuclear war more likely, as a logical extension of policies launched by Trump’s predecessor.
Topics: Doomsday scenarios, Guest Post, Politics, Russia
Posted by Jerri-Lynn Scofield at 5:55 am | 19 Comments »
It Will Take a Political Revolution to Cure the Epidemic of Depression
How cultural developments, like shallow personal connections and authoritarian workplaces, feed the rise in depression.
Topics: Free markets and their discontents, Guest Post, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 3:24 am | 76 Comments »
Supreme Court Narrows Dodd-Frank SEC Whistleblower Protections
Supreme Court’s whistleblower protections decision may lead employees to call the SEC rather than risk an internal corporate complaint.
Topics: Guest Post, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 8 Comments »
Links 2/25/18
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 212 Comments »
Bill Black: Once a Poster Child for Austerity, Latvia Becomes a Hotbed of Corruption
Bill Black discusses how in two years Latvia has morphed from poster child for austerity for the financial press to a nest of banking corruption.
Topics: Banana republic, Banking industry, Doomsday scenarios, Guest Post, Income disparity, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:55 am | 25 Comments »
Links 2/24/18
Topics: Links
Posted by Yves Smith at 6:55 am | 225 Comments »
Beat the Right Wing Framing: How to Make the Case for a Better, Fairer Economy
The right has been winning the PR wars on economic issues. A major UK research project has some ideas for how to turn that around.
Topics: Economic fundamentals, Media watch, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 4:35 am | 80 Comments »
The Dystopian Technologies Being Used to Control Workers
Big companies are surveilling workers more intensively than ever and using that to create high tech sweatshops.
Topics: Doomsday scenarios, Guest Post, Social values, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 4:04 am | 91 Comments »
2:00PM Water Cooler 2/23/2018
Today’s Water Cooler: Sanders transcript, DCCC, Thomas Frank, robot cars at the carwash, cobalt, Maersk, Tesla, Snap, bees, quantum messages
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 143 Comments »