Monthly Archives: December 2022

December 31, 2022

• Links 12/31/2022
  by Yves Smith 6:57 am

• FTX’s Collapse Mirrors an Infamous 18th Century British Financial Scandal
  by Yves Smith 6:30 am

• War Of The Worlds Begins In Your Neighborhood “Because — German Chancellor Merkel Has Just Declared — Russia Was Never Pacified”
  by Yves Smith 5:56 am

December 30, 2022

• 2:00PM Water Cooler 12/30/2022
  by Lambert Strether 2:00 pm

• Links 12/30/2022
  by Yves Smith 6:55 am

• The US and China Are in a War “for Peru’s Soul”, Says Mexican Geopolitical Analyst
  by Nick Corbishley 6:45 am

• The 2022 Globie: Money and Empire – Perry Mehrling on Charles Kindleberger
  by Yves Smith 4:15 am

December 29, 2022

• 2:00PM Water Cooler 12/29/2022
  by Lambert Strether 2:00 pm

• Links 12/29/2022
  by Lambert Strether 6:55 am

• Twitter and the CIA (Twitter Files 8–10)
  by Yves Smith 4:08 am

• “The Expat Experience”
  by Yves Smith 1:18 am

December 28, 2022

• 2:00PM Water Cooler 12/28/2022
  by Lambert Strether 2:00 pm

• Links 12/28/2022
  by Yves Smith 6:55 am

• Hoisted from Comments: Rosneft Refinery in Schwedt as a Microcosm of Europe’s Sanctions-Induced Energy Mess
  by Yves Smith 3:54 am

• The Ukraine Crisis Is a Classic “Security Dilemma”
  by Yves Smith 3:43 am

December 27, 2022

• 2:00PM Water Cooler 12/27/2022
  by Lambert Strether 2:00 pm

• Links 12/27/2022
  by Lambert Strether 6:55 am

• Thomas Frank on How the Feckless Democrats Trashed the American Middle Class
  by Yves Smith 5:00 am

• Russia Says Europe Will Struggle To Replace Its Oil Products
  by Yves Smith 2:48 am

December 26, 2022

• 2:00PM Water Cooler 12/26/2022
  by Lambert Strether 2:00 pm

• Links 12/26/2022
  by Conor Gallagher 6:55 am

• Cal Grad Student Worker Strike Ends With Deal Panned by Many Rank-and-File Union Members
  by Conor Gallagher 6:50 am

• US-China Struggle for DR Congo Resources Intensifies
  by Conor Gallagher 6:45 am

December 25, 2022

• Links 12/25/2022
  by Conor Gallagher 6:55 am

• NATO’s Ghosts of the Past Return in Kosovo-Serbia
  by Conor Gallagher 6:50 am

• Cultural Stereotypes of Multinational Banks
  by Conor Gallagher 6:45 am

December 24, 2022

• Links 12/24/2022
  by Yves Smith 6:58 am

• Battery Recycling Is Essential to Clean Energy
  by Yves Smith 6:14 am

• Tesla Joins My Imploded Stocks, -70% from Peak: Object of Religious Veneration Turns into Automaker
  by Yves Smith 5:33 am

• Merry Almost Christmas and Holiday Posting/Comments Sort of Holiday
  by Yves Smith 5:08 am

December 23, 2022

• 2:00PM Water Cooler 12/23/2022
  by Lambert Strether 2:00 pm

• Why Climate Science Shouldn’t Forget to Factor in Brain Health
  by Yves Smith 9:55 am

• Russia Sitrep of Sorts
  by Yves Smith 9:36 am

• Links 12/23/2022
  by Lambert Strether 6:55 am

• Israeli Government Takes Leaf Out Of EU Commission’s Playbook, Claims It Can’t Find Pfizer COVID-19 Vaccine Agreement
  by Nick Corbishley 6:45 am

• Wind, Snow, Brutal Cold: Arctic Front Barrels Eastward from Plains
  by Yves Smith 6:20 am

• Reviewing Healthcare Costs as Driven by Pharma, Hospitals, and Doctors
  by Yves Smith 4:52 am

December 22, 2022

• 2:00PM Water Cooler 12/22/2022
  by Lambert Strether 2:00 pm

• A Crisis Is Looming For The U.S. Energy Grid
  by Yves Smith 9:55 am

• Links 12/22/2022
  by Lambert Strether 6:55 am

• FTX/Alameda’s Caroline Ellison and Gary Wang Sign Plea Deals for Seven Felonies in Hopes of Reduced Sentences; New SEC Filing Adds Charges Based on Deeming FTT a Security
  by Yves Smith 6:54 am

• Big Pharma’s Obscene Profits, Not Striking Nurses, Are Killing the NHS
  by Yves Smith 6:53 am

• Twitter and the State, Part 2
  by Yves Smith 4:04 am

December 21, 2022

• 2:00PM Water Cooler 12/21/2022
  by Lambert Strether 2:00 pm

• Over the Holidays, Try Talking to Your Relatives Like an Anthropologist
  by Yves Smith 9:55 am

• Links 12/21/2022
  by Yves Smith 6:58 am

• Salvador Luria, 1912-1991: A Scientist for Our Time
  by Yves Smith 6:57 am

• Monopoly Power vs Democracy – Matt Stoller
  by Yves Smith 6:56 am

• Meet the Grinch Stealing Social Security, the Future of Gen Y And Z
  by Yves Smith 2:53 am

December 20, 2022

• 2:00PM Water Cooler 12/20/2022
  by Lambert Strether 2:00 pm

• Unequal Education and the ‘Great Gatsby Curve’
  by Yves Smith 9:55 am

• Links 12/20/2022
  by Yves Smith 6:55 am

• As Crypto-Crisis Metastasizes, Big Moves Are Being Made on CBDCs
  by Nick Corbishley 6:45 am

• The Weather Nightmare Before Christmas
  by Yves Smith 6:18 am

• MMT Answers
  by Yves Smith 4:11 am

December 19, 2022

• Book Review: Lance deHaven-Smith, “C*******cy T****y in America”
  by Lambert Strether 2:55 pm

• 2:00PM Water Cooler 12/19/2022
  by Lambert Strether 2:00 pm

• Links 12/19/2022
  by Lambert Strether 6:55 am

• Bloomberg Describes Europe’s Severe and Sustained Energy Crisis Due to Loss of Russian Gas
  by Yves Smith 6:22 am

• How Medicare Advantage Plans Dodged Auditors and Overcharged Taxpayers by Millions
  by Lambert Strether 5:55 am

• Draper’s Millions: The Philanthropic Wellspring of Modern Race Science
  by Yves Smith 4:44 am

December 18, 2022

• We Are Sixteen Years Old
  by Yves Smith 11:55 pm

• Drought in the United States: A Primer and Review of 2022 (with some Action Items)
  by Lambert Strether 3:25 pm

• Links 12/18/2022
  by Lambert Strether 6:55 am

• House Committee Wraps Up Historic Investigation Into Oil Industry
  by Lambert Strether 5:55 am

December 17, 2022

• Links 12/17/2022
  by Yves Smith 6:58 am

• The Political Disruptions of Fiscal Austerity
  by Yves Smith 6:41 am

• The Political Economy of Effective Altruism
  by Yves Smith 6:21 am

• Advertisements from Honest Government
  by Yves Smith 6:06 am

December 16, 2022

• 2:00PM Water Cooler 12/16/2022
  by Lambert Strether 2:00 pm

• Michael Hudson Discusses the Future of Europe and Global Restructuring
  by Yves Smith 9:55 am

• Links 12/16/2022
  by Lambert Strether 6:55 am

• Will the Fallout from “Qatargate” Splatter the European Commission?
  by Nick Corbishley 6:54 am

• Stocks Open Eyes, See Fed Pivot Hawkish; ECB Hike into Recession, Start QT; BoE Hike into Recession; SNB Hike, Sell Foreign Currency Assets
  by Yves Smith 6:31 am

• Bankman-Fried, Political Money, and the Crash of FTX
  by Yves Smith 5:58 am

December 15, 2022

• 2:00PM Water Cooler 12/15/2022
  by Lambert Strether 2:00 pm

• Arctic Report Card 2022: The Arctic Is Getting Rainier and Seasons Are Shifting, with Broad Disturbances for People, Ecosystems and Wildlife
  by Yves Smith 9:55 am

• Links 12/15/2022
  by Yves Smith 6:58 am

• US Heavy-Handedness Forges Russia-Iran-India Ties
  by Conor Gallagher 6:50 am

• Hungary Asks the War Questions and Probes Merkel’s Minsk Deception
  by Yves Smith 6:25 am

• Needed Global Financial Reforms Foregone Yet Again
  by Yves Smith 5:10 am

December 14, 2022

• Reviewing WHO’s Draft “Respiratory Pathogens: Pandemic Preparedness Guidance” [Pounds Head on Desk]
  by Lambert Strether 2:25 pm

• 2:00PM Water Cooler 12/14/2022
  by Lambert Strether 2:00 pm

• Links 12/14/2022
  by Lambert Strether 6:55 am

• Notes on SBF’s Indictment and SEC/CFTC Civil Suits, Incarceration, Meetup with Reality
  by Yves Smith 6:00 am

• The Economic Consequences of War
  by Lambert Strether 5:55 am

• New York Times Strike: From Reporters to Rabble-Rousers
  by Yves Smith 2:16 am

December 13, 2022

• 2:00PM Water Cooler 12/13/2022
  by Lambert Strether 2:00 pm

• The UK Firm at the Heart of a High-Level Fraud Conviction in Russia
  by Conor Gallagher 7:45 am

• Links 12/13/2022
  by Lambert Strether 6:55 am

• On Bicentennial of US-Mexico Diplomatic Relations, Former US Ambassador to Mexico Accuses AMLO of “Goading” Washington
  by Nick Corbishley 6:51 am

• The Night of the Pen Knives – The Olaf Scholz Plot Exposed as Putz, Not Putsch
  by Conor Gallagher 6:50 am

• Japan and the Netherlands Join US Efforts to Cut Off China from Advanced Chips
  by Conor Gallagher 6:45 am

December 12, 2022

• 2:00PM Water Cooler 12/12/2022
  by Lambert Strether 2:00 pm

• ‘Solidarity Works!’ Adjunct Strike Ends at The New School After Deal Reached
  by Conor Gallagher 8:55 am

• Links 12/12/2022
  by Conor Gallagher 6:55 am

• Is Canada Euthanizing the Poor? 
  by Conor Gallagher 6:50 am

• Why Supertanker Rates Are Suddenly Crashing
  by Conor Gallagher 6:45 am

• The New “Left Tide” Sweeping Latin America Just Hit a Couple of Big Rocks
  by Nick Corbishley 6:45 am

December 11, 2022

• Links 12/11/2022
  by Conor Gallagher 6:55 am

• US Prison Labor Boosts Hundreds of Private Companies and Helps Expand the Carceral State
  by Conor Gallagher 6:00 am

• China’s New Space Station Opens for Business in an Increasingly Competitive Era of Space Activity
  by Conor Gallagher 5:45 am

December 10, 2022

• Links 12/10/2022
  by Yves Smith 6:55 am

• Estimating the True Cost of War: The Conflict in Eastern Ukraine (2014-2019)
  by Yves Smith 5:33 am

• No Appeal Filed in The MH17 Case – Ursula von der Leyen Proposes The Start of a New Show Trial
  by Yves Smith 5:10 am

December 9, 2022

• 2:00PM Water Cooler 12/9/2022
  by Lambert Strether 2:00 pm

• Death of an Elder Raises Uncomfortable Questions About Adequacy of Care
  by Yves Smith 9:55 am

• Links 12/9/2022
  by Lambert Strether 6:55 am

• The Central Bank of Nigeria Just Gave a Whole New Meaning to the Term “Financial Repression”
  by Nick Corbishley 6:45 am

• Dethroning the Dollar: What Governments Propose, IT Disposes
  by Yves Smith 6:00 am

• Confronting Gitmo
  by Yves Smith 3:58 am

December 8, 2022

• 2:00PM Water Cooler 12/8/2022
  by Lambert Strether 2:00 pm

• ‘The Most Resilient New Yorkers’ — Oysters Get Second Life in Harbor
  by Yves Smith 9:55 am

• Links 12/8/2022
  by Lambert Strether 6:55 am

• Dethroning the Dollar: Why the Alternatives Are Not Ready for Prime Time
  by Yves Smith 6:16 am

• The Russian Oil Price Cap Isn’t as Simple as It Seems
  by Yves Smith 3:13 am

• BuzzFeed Faces Existential Crisis After Burning Through Nearly All of $700 Million of Investor Money
  by Yves Smith 2:29 am

December 7, 2022

• 2:00PM Water Cooler 12/7/2022
  by Lambert Strether 2:00 pm

• Why Workers Are Up in Arms Over the Biden Rail Strike Intervention
  by Yves Smith 9:55 am

• Links 12/7/2022
  by Yves Smith 6:58 am

• Russia’s General Patience and the Pause That Refreshes
  by Yves Smith 6:33 am

• RNA-Based Therapeutics and the Future of Clinical Medicine: A Promising Part of the Emerging Story
  by Yves Smith 6:32 am

• A New Era for Germany’s Gas Industry Fuels Climate Fears
  by Yves Smith 6:31 am

December 6, 2022

• 2:00PM Water Cooler 12/6/2022
  by Lambert Strether 2:00 pm

• Rich Nations Doubly Responsible for Greenhouse Gas Emissions
  by Yves Smith 9:55 am

• Links 12/6/2022
  by Yves Smith 6:58 am

• Against Backdrop of War, Rolling Blackouts and Internet Outages, Ukraine Is Trying to Digitize Everything
  by Nick Corbishley 6:45 am

• Ukraine War: Turkey Is the Pivot Point Between Russia and the US – History Shows Us Why
  by Yves Smith 6:26 am

• Pharmaceutical Drugs at Cost + 15%? It’s Here Now
  by Yves Smith 6:25 am

December 5, 2022

• Normalizing Nazis at Vogue, MSNBC, and “America’s Largest Documentary Festival” (but not Catalonia)
  by Lambert Strether 3:25 pm

• 2:00PM Water Cooler 12/5/2022
  by Lambert Strether 2:00 pm

• Links 12/5/2022
  by Lambert Strether 6:55 am

• In Alaska, a Mystery Over Disappearing Beluga Whales
  by Lambert Strether 6:25 am

• Earth to Reporters: Why Is No One Asking SBF What Happened to the $3.3 Billion He Borrowed?
  by Yves Smith 5:55 am

• New Global Estimates on Profits in Tax Havens Suggest the Tax Loss Continues to Rise
  by Yves Smith 12:55 am

December 4, 2022

• The Coming Revival of the American Chestnut (but through Genetic Engineering?)
  by Lambert Strether 3:25 pm

• Links 12/4/2022
  by Lambert Strether 6:55 am

• The Jobs Report in Light of what Powell Said: The Fed Cannot Create Supply of Labor, But it Can Slow the Demand for Labor
  by Lambert Strether 5:25 am

December 3, 2022

• Links 12/3/2022
  by Yves Smith 6:59 am

• “Jobs Are Up! Wages Are Up! So Why Am I as an Economist so Gloomy?”
  by Yves Smith 6:55 am

• Book Review: An Unflinching Critique of the Eugenics Movement
  by Yves Smith 6:49 am

December 2, 2022

• 2:00PM Water Cooler 12/2/2022
  by Lambert Strether 2:00 pm

• State of Big Tech 2022: Dismantling National & Global Digital Enclosures
  by Yves Smith 9:55 am

• Links 12/2/2022
  by Lambert Strether 6:55 am

• Latin American Leaders Call For Pardon and Release of Julian Assange from His “Unjust Imprisonment”
  by Nick Corbishley 6:45 am

• Biden Keeps Up Tough Talk on Ukraine Despite Evidence of Failure
  by Yves Smith 6:25 am

• Hot Air Versus Hot Cash – The Europeans Prefer Russian LNG To US LNG
  by Yves Smith 5:50 am

December 1, 2022

• Announcing Mini Fundraiser and Launch of Payment Kludge!
  by Yves Smith 5:30 pm

• 2:00PM Water Cooler 12/1/2022
  by Lambert Strether 2:00 pm

• Adult-Child Genius Sam Bankman-Fried Opts for “I’m Hopelessly Stupid and Confused” Defense
  by Yves Smith 10:18 am

• Links 12/1/2022
  by Yves Smith 6:55 am

• Will Full Gas Stores Save Europe From An Energy Emergency?
  by Yves Smith 6:53 am

• “Eight Reasons Why Now is a Good Time for a Ukraine Ceasefire and Peace Talks”
  by Yves Smith 6:44 am

• ‘People Think of Pelosi as a California Liberal; No, She’s Like a Baltimore Boss’
  by Yves Smith 3:55 am