Monthly Archives: November 2022

November 30, 2022

• 2:00PM Water Cooler 11/30/2022
  by Lambert Strether 2:00 pm

• Türkiye Losing Patience with the US
  by Conor Gallagher 8:30 am

• Free Fridges in The Bronx, Created as COVID Stopgap, Still Meeting Chronic Food Needs
  by Yves Smith 8:00 am

• Links 11/30/2022
  by Yves Smith 6:59 am

• Trying to Make Sense of China’s Protests
  by Yves Smith 6:25 am

• Climate Remedy: State, Local Governments Increasingly Turn to Zoning Reforms
  by Yves Smith 6:08 am

November 29, 2022

• 2:00PM Water Cooler 11/29/2022
  by Lambert Strether 2:00 pm

• Gates Foundation-Sponsored Alliance for a Green Revolution in Africa Gets Make-Up, Not Make-Over
  by Yves Smith 9:55 am

• Links 11/29/2022
  by Yves Smith 6:59 am

• Brazil and Argentina Just Agreed to Use Local Currencies for Bilateral Energy Trade, In Yet Another Snub for US Dollar
  by Nick Corbishley 6:45 am

• Ukraine Armistice – How the Ukraine Demilitarized Zone of 2023 Will Separate the Armies Like the Korean DMZ of 1953
  by Yves Smith 6:43 am

• Top Antitrust Expert: We Need a New Approach to Giant Tech Firms Like Google
  by Yves Smith 4:51 am

November 28, 2022

• 2:00PM Water Cooler 11/28/2022
  by Lambert Strether 2:00 pm

• EU Gets Tough on China as US Steals European Industry
  by Conor Gallagher 7:55 am

• Links 11/28/2022
  by Conor Gallagher 6:55 am

• Between Deglobalisation and Slowbalisation: Where Europe Stands
  by Conor Gallagher 6:50 am

• “Instructions from Kiev”: Ukraine Propaganda Messaging
  by Yves Smith 3:39 am

• Michael Hudson Answers Questions on Europe’s Self-Immolation, Fed’s Malpractice, Changing World Order
  by Yves Smith 2:48 am

November 27, 2022

• Will Japan and South Korea Learn From US Allies in Europe? 
  by Conor Gallagher 7:50 am

• Links 11/27/2022
  by Conor Gallagher 6:55 am

• Europe’s Wind Energy Industry Has Hit A Rough Patch
  by Conor Gallagher 6:50 am

November 26, 2022

• On Black Friday, Amazon Workers in 40+ Countries Strike and Protest ‘Despicable’ Treatment
  by Conor Gallagher 7:55 am

• Links 11/26/2022
  by Conor Gallagher 6:55 am

• The Diesel Crunch Is Finally Causing Demand Destruction
  by Conor Gallagher 6:50 am

November 25, 2022

• Poland’s Coming Economic Collapse: A Story in 8 Tweets
  by Yves Smith 9:46 pm

• Links 11/25/2022
  by Lambert Strether 6:55 am

• The Good News and Bad News About the World’s Most Troubled Systemic Lender, Credit Suisse
  by Nick Corbishley 6:47 am

November 24, 2022

• Links Thanksgiving Day 11/24/2022
  by Lambert Strether 6:55 am

• Something Just Cracked in Spain’s Mortgage Market
  by Nick Corbishley 6:45 am

• Massive Cancellations Make Mess of Already Low New-House Sales. Inventory Glut at Deep Housing Bust 1 Level. Buyer Traffic Plunges
  by Lambert Strether 6:35 am

• Holiday Schedule and Sort of Comments Holiday
  by Yves Smith 12:29 am

November 23, 2022

• 2:00PM Water Cooler 11/23/2022
  by Lambert Strether 2:00 pm

• Key Institutional Crypto Player, Genesis, on Verge of Failure; Possibility of “Apocalyptic” Bitcoin Liquidation
  by Yves Smith 8:55 am

• Links 11/23/2022
  by Yves Smith 6:55 am

• Is Science Really Self-Correcting? Yes, But the Mechanism Varies
  by Yves Smith 6:54 am

• COP27’s Loss and Damage Deal Isn’t a Win. It Committed Us To Devastation
  by Yves Smith 6:53 am

• Polish President Andrzej Duda Doesn’t Want War With Russia, But He Doesn’t Want To Tell Polish Voters
  by Yves Smith 4:37 am

November 22, 2022

• 2:00PM Water Cooler 11/22/2022
  by Lambert Strether 2:00 pm

• Audits — Hidden Until Now — Reveal Millions in Medicare Advantage Overcharges
  by Lambert Strether 9:55 am

• Link 11/22/2022
  by Yves Smith 6:55 am

• “Inverse” Migration: Why Are So Many US Citizens Moving to Mexico?
  by Nick Corbishley 6:45 am

• A Quick Note About Additional FTX Sleaze
  by Yves Smith 6:38 am

• University of California Comes to a Standstill as Academic Workers Strike
  by Yves Smith 6:04 am

November 21, 2022

• Two Ways of Looking at a Blue Bird: What’s Really Going on at Twitter?
  by Lambert Strether 2:25 pm

• 2:00PM Water Cooler 11/21/2022
  by Lambert Strether 2:00 pm

• Links 11/21/2022
  by Lambert Strether 6:55 am

• Is the Collective West Going Soon to Be Hoist on the Zelensky Petard?
  by Yves Smith 6:54 am

• It Hurts to Ask
  by Lambert Strether 6:25 am

• The Only Crypto Story You Need? A Response to Matt Levine’s The Crypto Story
  by Yves Smith 6:16 am

• The Stavka Memorandum: Russia Means Military Power Plus Diselectrification of the Ukraine (“Stormy and Prolonged Applause”)
  by Yves Smith 3:35 am

November 20, 2022

• What “Our Democracy” Should Look Like When Voting: Reader Reactions and Updates
  by Lambert Strether 2:25 pm

• Links 11/20/2022
  by Lambert Strether 6:55 am

• Successful Tool-Lending Libraries Force Us to Rethink What the Public Is Willing to Share
  by Lambert Strether 5:25 am

November 19, 2022

• Links 11/19/2022
  by Yves Smith 6:59 am

• With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’
  by Yves Smith 6:56 am

• Tom Ferguson: Worker’s Wages & Leverage are the Real Targets
  by Yves Smith 6:50 am

November 18, 2022

• 2:00PM Water Cooler 11/18/2022
  by Lambert Strether 2:00 pm

• You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?
  by Yves Smith 9:55 am

• Links 11/18/2022
  by Lambert Strether 6:55 am

• The G20 Just Agreed to “Build on the Success” (Sic) of Digital COVID-19 Certificates for Future Pandemics
  by Nick Corbishley 6:53 am

• FTX: New Ex-Enron CEO Finds “Complete Absence of Trustworthy Financial Information,” $3.3 Billion Loans to SBF, Customer Deposits Not Recorded on Balance Sheets; Confirms Software Backdoors, Auto-Deleted Communications
  by Yves Smith 6:00 am

• Not Every Robin = Spring and Not Every Story About Moving Away from the Dollar Is Well Founded
  by Yves Smith 5:55 am

November 17, 2022

• 2:00PM Water Cooler 11/17/2022
  by Lambert Strether 2:00 pm

• Where’s the Contagion from the Crypto Implosion?
  by Yves Smith 9:55 am

• Links 11/17/2022
  by Lambert Strether 6:55 am

• U.S. Diesel Inventories Hit Historic Lows At The Worst Possible Time
  by Yves Smith 6:32 am

• Russia Launches New Electrical Grid/Infrastructure Strikes in Ukraine
  by Yves Smith 5:29 am

• Why Don’t The Poles Admit the War Isn’t Winning the Next Polish Election and Isn’t in Poland’s National Interest – Unless Zelensky Loses Galicia to Poland, Again
  by Yves Smith 4:37 am

November 16, 2022

• 2:00PM Water Cooler 11/16/2022
  by Lambert Strether 2:00 pm

• Sick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties
  by Yves Smith 9:55 am

• Links 11/16/2022
  by Yves Smith 6:58 am

• Russia Continues to Escalate Electrical Grid/Infrastructure Attacks; Charges Over Attack on Poland Shift Focus from Damage
  by Yves Smith 6:54 am

• As Gig Economy Grows, Its Toll on Workers Mounts 
  by Conor Gallagher 6:53 am

• When Marshal Kutuzov Joins General Winter and General Surovikin, What Happens Next on the Front
  by Yves Smith 6:08 am

November 15, 2022

• 2:00PM Water Cooler 11/15/2022
  by Lambert Strether 2:00 pm

• COP27 Fiddling as World Warms
  by Yves Smith 9:55 am

• Links 11/15/2022
  by Yves Smith 6:55 am

• China Is Making More Big Moves in Latin America
  by Nick Corbishley 6:45 am

• Washington’s Woman in Berlin: How Germany’s Foreign Minister Is Helping the US Crush the German Economy
  by Conor Gallagher 6:20 am

• Congressional Amendment Opens Floodgates for War Profiteers and a Major Ground War on Russia
  by Yves Smith 6:18 am

November 14, 2022

• 2:00PM Water Cooler 11/14/2022
  by Lambert Strether 2:00 pm

• Are Circumstances Now Aligned for Possible War in the Middle East?
  by Yves Smith 9:55 am

• Links 11/14/2022
  by Conor Gallagher 6:55 am

• Kherson, Cognitive Dissonance, and the Under-the-Radar Electrical War
  by Yves Smith 5:35 am

• Sam Bankman-Fried and FTX Were Up to No Good, Including Their Customer Agreement
  by Yves Smith 4:00 am

• Global Energy Crisis Looms Over UN Climate Summit – While Some Countries Race to Renewables, Others Plan More Natural Gas Production, But It Comes With Risks
  by Conor Gallagher 3:50 am

November 13, 2022

• Washington Attempts to Bully India into Cutting Ties with Russia
  by Conor Gallagher 7:55 am

• Links 11/13/2022
  by Conor Gallagher 6:55 am

• Remembering the Veterans Who Marched on DC to Demand Bonuses During the Depression, Only To Be Violently Driven Out by Active-duty Soldiers
  by Conor Gallagher 6:50 am

November 12, 2022

• Links 11/12/2022
  by Yves Smith 6:55 am

• Wilkerson on Militarism and Regrets About Iraq War
  by Yves Smith 6:43 am

• Book Review: The Surpisingly Imprecise History of Measurement
  by Yves Smith 5:25 am

November 11, 2022

• 2:00PM Water Cooler 11/11/2022
  by Lambert Strether 2:00 pm

• Repairing a Fractured World Economy?
  by Yves Smith 9:55 am

• Links 11/11/2022
  by Lambert Strether 6:55 am

• US Farmers and Big Ag Corps Press Panic Button on Mexico’s Upcoming GMO Ban
  by Nick Corbishley 6:45 am

• Oil Executives Warn G7 Price Cap Could Lead To Stranded Tankers
  by Yves Smith 5:49 am

• How Workers and Pro-Union Politicians Team Up for Fair Trade
  by Yves Smith 4:08 am

November 10, 2022

• 2:00PM Water Cooler 11/10/2022
  by Lambert Strether 2:00 pm

• Homelessness Among Older People Is on the Rise, Driven by Inflation and the Housing Crunch
  by Yves Smith 9:55 am

• Links 11/10/2022
  by Lambert Strether 6:55 am

• Knowledge Overconfidence: “Why do the heathen rage, and the people imagine a vain thing?”
  by Yves Smith 6:54 am

• Russia Slips Out of Kherson Under Cover of Midterms
  by Yves Smith 6:53 am

• Government Surveillance at 2022 U.N. Climate Conference
  by Yves Smith 4:08 am

November 9, 2022

• 2:00PM Water Cooler 11/9/2022
  by Lambert Strether 2:00 pm

• U.S. to Announce Plan for Private Companies to Fund International Renewable Energy Transition
  by Yves Smith 9:55 am

• Links 11/9/2022
  by Yves Smith 6:58 am

• Debunking the Petrodollar Myth: Pricing Oil in Dollars Is Just a Convention
  by Yves Smith 6:55 am

• A Stunning Political Comeback for Israel’s Netanyahu May Give Way to Governing Nightmare Ahead
  by Yves Smith 5:37 am

November 8, 2022

• 2022 Election Night Live Blog/Open Thread
  by Lambert Strether 7:30 pm

• 2:00PM Water Cooler 11/8/2022
  by Lambert Strether 2:00 pm

• Limits to Growth: Inconvenient Truth of Our Times
  by Yves Smith 9:55 am

• Links 11/8/2022
  by Yves Smith 6:58 am

• NHS to Use US “Spy-Tech” Firm Palantir’s Platform to Extract Patient Data Without Patient Consent
  by Nick Corbishley 6:45 am

• Real Progressives Live with Michael Hudson: The Destiny of Civilization
  by Yves Smith 6:06 am

• Trump and the Republican Base: A Machine Learning Approach
  by Yves Smith 6:00 am

November 7, 2022

• What “Our Democracy” Should Look Like When Voting: A Simple Plan
  by Lambert Strether 2:25 pm

• 2:00PM Water Cooler 11/7/2022
  by Lambert Strether 2:00 pm

• Links 11/7/2022
  by Lambert Strether 6:55 am

• Has this Contorted Labor Market Forced Companies to Change their Thinking about Layoffs?
  by Lambert Strether 6:45 am

• The Public Shouldn’t Pay for Drugs Twice
  by Yves Smith 5:41 am

• Collateral Damage From Higher Interest Rates
  by Yves Smith 3:55 am

November 6, 2022

• #Musk + #Twitter, Liberal Democrat Aghastitude, and Social Capital on Social Media
  by Lambert Strether 2:55 pm

• Links 11/6/2022
  by Lambert Strether 6:55 am

• Centene Showers Politicians With Millions as It Courts Contracts and Settles Overbilling Allegations
  by Lambert Strether 6:25 am

November 5, 2022

• Links 11/5/2022
  by Yves Smith 6:59 am

• A Brief History of the Mortgage, From Its Roots in Ancient Rome to the English ‘Dead Pledge’ and its Rebirth in America
  by Yves Smith 6:57 am

• Russian Oil Price Cap Will Not Apply To Resold Cargoes
  by Yves Smith 6:41 am

November 4, 2022

• 2:00PM Water Cooler 11/4/2022
  by Lambert Strether 2:00 pm

• Could the Ukraine Conflict Be an Opportunity for the Global South?
  by Yves Smith 9:55 am

• Links 11/4/2022
  by Lambert Strether 6:58 am

• One Year In, The First Ever Large-Economy CBDC, Nigeria’s eNaira, Is a Gigantic Flop
  by Nick Corbishley 6:45 am

• The Destiny of Civilization: An Interview with Michael Hudson on Economic Development, Rentierism, Debt, China
  by Yves Smith 6:24 am

• The Best Climate News You May Not Have Heard About
  by Yves Smith 4:30 am

November 3, 2022

• 2:00PM Water Cooler 11/3/2022
  by Lambert Strether 2:00 pm

• Thieves’ Paradise in Kiev — IMF Admits It Doesn’t Know How Much Ukraine Has Received of $35 Billion in Promised Foreign Cash, or Where the Money Was Spent
  by Yves Smith 9:55 am

• Links 11/3/2022
  by Lambert Strether 6:55 am

• Has Russia Already Pwnd Ukraine?
  by Yves Smith 6:54 am

• Reader Sanity Check: Erosion of the Skilled Trades?
  by Yves Smith 5:20 am

• Climate Minister: Until People in Developed Nations Start Dying, Nothing Will Change
  by Yves Smith 4:19 am

November 2, 2022

• 2:00PM Water Cooler 11/2/2022
  by Lambert Strether 2:00 pm

• Michael Hudson: Germany’s Position in America’s New World Order
  by Yves Smith 7:55 am

• Links 11/2/2022
  by Yves Smith 6:59 am

• EU Threatens Secondary Sanctions Against Turkey Amid Row Over NATO Bids, Russian Ties
  by Conor Gallagher 6:55 am

• After Bolsonaro’s Failures, Why Was Brazil’s Election So Close?
  by Yves Smith 6:25 am

• Successful Tool Lending Libraries Force Us to Rethink What the Public Is Willing to Share
  by Yves Smith 6:22 am

November 1, 2022

• 2:00PM Water Cooler 11/1/2022
  by Lambert Strether 2:00 pm

• Stop Worshiping Central Banks
  by Yves Smith 9:55 am

• Links 11/1/2022
  by Yves Smith 6:58 am

• Is Venezuela’s US-Appointed “Interim” President Juan Guaidó On His Way Out?
  by Nick Corbishley 6:45 am

• “Nikkei-Owned Financial Times Begins to Crack on Sanctions”
  by Yves Smith 6:25 am

• The U.S. Diesel Shortage Is Worsening
  by Yves Smith 6:11 am