Author Archives: Yves Smith

Links 1/1/2026

Satyajit Das: Staying Alive! The Quest for Longevity

How medical advances and billionaire dreams have produced a new fixation on longevity.

Links 12/31/2025

AI and Systemic Risk

The popular press is whistling past the graveyard of AI systemic risk even as heavyweight experts warn more needs to be done.

Links 12/30/2025

Links 12/27/2025

Michael Hudson: The Economic Unravelling of the Political West

Michael Hudson describes the development and progression of America’s economic parasitism.

Status of the US Dollar as Global Reserve Currency: USD Share Drops to Lowest Since 1994

Central banks diversify their holdings from the dollar into dozens of smaller non-traditional reserve currency alternatives.

US Launches Christmas Strikes on Nigeria—the 9th Country Bombed by Trump

With Nigeria, Trump—who calls himself “the most anti-war president in history”—has now bombed more countries than any president in history.

Is Your Dog or Cat Getting Old? These Simple Gestures Could Help Them Live Longer and Happier Lives

Like human seniors, an old cat or dog will benefit from help with their special needs.

Links 12/25/2025

Satyajit Das: The Shadow of Financial Instability

Shadow banks, rebranded as anodyne “non-bank financial institutions” are larger than ever and pose a threat in a new financial crisis

Why the Ukraine Electric War Has Been Failing Until Now

Confirmation that Putin has been restraining the execution of the electric war in Ukraine….but might finally be relaxing the choke chain.