Monthly Archives: May 2023

May 31, 2023

• 2:00PM Water Cooler 5/31/2023
  by Lambert Strether 2:00 pm

• Mood-Altering Mushroom Sales Bloom Despite Safety Concerns
  by Yves Smith 9:55 am

• Links 5/31/2023
  by Yves Smith 6:59 am

• The West Continues to Devour Its Own
  by Conor Gallagher 6:00 am

• The Wars We Are Discouraged From Seeing
  by Yves Smith 5:00 am

• No Bargain: Big Money and the Debt Ceiling Deal
  by Yves Smith 4:47 am

May 30, 2023

• 2:00PM Water Cooler 5/30/2023
  by Lambert Strether 2:00 pm

• How Declining Population Growth Might Portend a Future of Increasing Resource Scarcity
  by Yves Smith 9:55 am

• Links 5/30/2023
  by Yves Smith 6:55 am

• Investors Up in Arms After Mexico’s Government Clips Wings of Latin America’s Second Richest Man, Germán Larrea
  by Nick Corbishley 6:45 am

• Ukraine: Bleeding Out
  by Yves Smith 6:15 am

• Here’s Why Oil Flows Can Only Be Redirected, Not Stopped
  by Yves Smith 4:26 am

May 29, 2023

• Links 5/29/2023
  by Conor Gallagher 6:55 am

• What Does Erdogan’s Reelection Mean for the New Cold War?
  by Conor Gallagher 6:30 am

• The Decline In Coal Appears To Have Been Exaggerated
  by Conor Gallagher 5:00 am

May 28, 2023

• Links 5/28/2023
  by Conor Gallagher 6:55 am

• American Officials Erase US Role in Empowering Their New Number One Enemy China
  by Conor Gallagher 6:30 am

• Denials of Health Insurance Claims Are Rising — And Getting Weirder
  by Conor Gallagher 6:00 am

May 27, 2023

• Links 5/27/2023
  by Yves Smith 6:55 am

• Origins of Debt: Michael Hudson Reveals How Financial Oligarchies in Greece & Rome Shaped Our World
  by Yves Smith 6:50 am

• The Move Toward a Four-Day Workweek Obscures Low Pay
  by Yves Smith 6:35 am

May 26, 2023

• 2:00PM Water Cooler 5/26/2023
  by Lambert Strether 2:00 pm

• Workers in the South Are Defying History with Union Wins
  by Yves Smith 9:55 am

• Links 5/26/2023
  by Lambert Strether 6:58 am

• Why Are US Military Personnel Heading to Peru?
  by Nick Corbishley 6:45 am

• More American Cities Considering Free Public Transportation
  by Yves Smith 5:15 am

• The Expanding Role of Medicaid in US Health Care
  by Yves Smith 4:52 am

May 25, 2023

• 2:00PM Water Cooler 5/25/2023
  by Lambert Strether 2:00 pm

• Capturing Carbon With Machines Is a Failure—So Why Are We Subsidizing It?
  by Yves Smith 9:55 am

• Links 5/25/2023
  by Lambert Strether 6:55 am

• Ice Melt In the Pipeline
  by Yves Smith 5:15 am

• Big Pharma Uses Fuzzy Math to Discredit Discount Drug Program
  by Yves Smith 5:01 am

• Subjective Well-Being During Spain’s Decline: Evidence from Crusade Bulls
  by Yves Smith 3:54 am

May 24, 2023

• 2:00PM Water Cooler 5/24/2023
  by Lambert Strether 2:00 pm

• As Water Levels Drop, the Risk of Arsenic Poisoning Rises
  by Yves Smith 9:55 am

• Links 5/24/2023
  by Yves Smith 6:59 am

• An mRNA Vaccine that Works
  by Lambert Strether 5:25 am

• Cleaning Up After the North Sea Oil Industry Will Cost Billions – But Nobody Wants to Pay
  by Yves Smith 3:39 am

• City’s Newest Migrants Head Underground Looking to Survive
  by Yves Smith 3:08 am

May 23, 2023

• 2:00PM Water Cooler 5/23/2023
  by Lambert Strether 2:00 pm

• Strange, Unpredictable, and Energizing: Dark Comedy as Climate Solution
  by Yves Smith 9:55 am

• Links 5/23/2023
  by Yves Smith 6:59 am

• Could Argentina Be the Next Latin American Country to Dollarise Its Economy?
  by Nick Corbishley 6:45 am

• The Debt Ceiling End-Game
  by Yves Smith 5:51 am

• Coalition Calls on IPCC to Reject Meat Industry Meddling in UN Climate Process
  by Yves Smith 5:51 am

May 22, 2023

• Durham Report: The Republic We Didn’t Keep
  by Lambert Strether 3:55 pm

• 2:00PM Water Cooler 5/22/2023
  by Lambert Strether 2:00 pm

• Links 5/22/2023
  by Lambert Strether 6:58 am

• US Geopolitics: Believing Impossible Things
  by Yves Smith 6:50 am

• Four-Fifths of Board Members at America’s Top Six Banks are Climate Conflicted
  by Lambert Strether 6:50 am

• U.S. Shale Production Is Set For A Rapid Decline
  by Yves Smith 12:24 am

May 21, 2023

• I’d Love to Go Long Masks, and… Maybe Someday! Tasks for the American Mask Manufacturers Association
  by Lambert Strether 3:55 pm

• Links 5/21/2023
  by Lambert Strether 6:58 am

• Central Banks: Uncertainty Is the Problem, Not Managing the Trilemma
  by Lambert Strether 6:50 am

May 20, 2023

• Links 5/20/2023
  by Yves Smith 6:55 am

• Are US Prescription Drug Prices 10 Times Those of Other Nations? Only Sometimes
  by Yves Smith 4:32 am

• Could a Far-Right vs Centre-Left Showdown Be the Future of British Politics?
  by Yves Smith 3:59 am

May 19, 2023

• 2:00PM Water Cooler 5/19/2023
  by Lambert Strether 2:00 pm

• Senators Ramp Up 14th Amendment Pressure on Biden to Counter GOP Debt Ceiling Brinksmanship
  by Yves Smith 9:55 am

• Links 5/19/2023
  by Lambert Strether 6:55 am

• EU Adopts “Pragmatic Approach” To Sharing Its Citizens’ Most Precious Data With US Department of Homeland Security
  by Nick Corbishley 6:49 am

• ‘Adversarial Actors, Home and Abroad’
  by Yves Smith 2:05 am

• ‘Market Fundamentalism’ Is an Obstacle to Progress
  by Yves Smith 12:20 am

May 18, 2023

• 2:00PM Water Cooler 5/18/2023
  by Lambert Strether 2:00 pm

• CalPERS Chief Investment Officer Musicco and Son in NBA Playoffs Courtside Seats Next to Billionaire Warriors Owner and Kleiner Perking Partner Joe Lacob. What Gives?
  by Yves Smith 10:45 am

• Links 5/18/2023
  by Lambert Strether 6:58 am

• Deaths of Despair Now Significant Among the Young
  by Yves Smith 6:54 am

• China and the Revenge of the Sanctioned
  by Yves Smith 6:31 am

• Is The U.S. Preparing To Punish OPEC?
  by Yves Smith 5:59 am

May 17, 2023

• Sitrep on Relocation Plans
  by Yves Smith 8:30 pm

• 2:00PM Water Cooler 5/17/2023
  by Lambert Strether 2:00 pm

• US Efforts To Turn Farm Animal Poop into Biofuel Spark Concerns
  by Yves Smith 9:55 am

• Links 5/17/2023
  by Yves Smith 6:59 am

• Some US National Security Experts Call for Peace in Ukraine
  by Yves Smith 6:25 am

• New California Program Wants All Hate “Incidents” Reported to the State
  by Conor Gallagher 6:00 am

• Ukraine’s Neoliberalism on Steroids, Europe’s Economic Suicide
  by Yves Smith 5:00 am

May 16, 2023

• 2:00PM Water Cooler 5/16/2023
  by Lambert Strether 2:00 pm

• Advertiser Block Lists as a Threat to Media Integrity
  by Yves Smith 9:55 am

• Links 5/16/2023
  by Yves Smith 6:59 am

• US Corn Industry Faces Tough Times In Its Two Largest Export Markets, China and Mexico
  by Nick Corbishley 6:45 am

• As More Hospitals Create Police Forces, Critics Warn of Pitfalls
  by Yves Smith 6:24 am

• ‘Death Outlives War’: Analysis Estimates Post-9/11 ​US Conflicts Killed Over 4.5 Million
  by Yves Smith 5:35 am

May 15, 2023

• 2:00PM Water Cooler 5/15/2023
  by Lambert Strether 2:00 pm

• The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin
  by Yves Smith 9:55 am

• Links 5/15/2023
  by Conor Gallagher 6:55 am

• Turkiye Has Its Own Russiagate as Election Heads to Runoff
  by Conor Gallagher 6:45 am

• Eurobanks and London Firms Insist Very Bad Things Will Happened if Euro Derivatives Clearing Moves to Continent
  by Yves Smith 6:30 am

• United Pilots Picket for Better Contract After American, Southwest Counterparts Authorize Strikes
  by Conor Gallagher 4:00 am

May 14, 2023

• Links 5/14/2023
  by Conor Gallagher 6:55 am

• AI May Be on Its Way to Your Doctor’s Office, But It’s Not Ready to See Patients
  by Conor Gallagher 6:00 am

• The EU Looks Doomed to Repeat its Russia “De-Risking” Strategy with China
  by Conor Gallagher 5:00 am

May 13, 2023

• Links 5/13/2023
  by Lambert Strether 6:58 am

• Understanding Your Cat’s Wild Side
  by Yves Smith 5:32 am

• The Taliban and the Islamic State Continue to Fight for Afghanistan’s Future
  by Yves Smith 4:37 am

May 12, 2023

• 2:00PM Water Cooler 5/12/2023
  by Lambert Strether 2:00 pm

• The Fed’s Interest Rates Are Still Fueling Inflation Rather Than Dousing it, and People Getting Used to this Inflation
  by Yves Smith 9:55 am

• Links 5/12/2023
  by Lambert Strether 6:58 am

• One of the Few South American Governments Still Closely Aligned With Washington Just Signed a Trade Agreement With China
  by Nick Corbishley 6:46 am

• “Crypto Is a Fraud on the Public”: Financial Watchdog Explains Ties Between Crypto and the Banking Crisis
  by Yves Smith 6:18 am

• PBMs, the Brokers Who Control Drug Prices, Finally Get Washington’s Attention
  by Yves Smith 5:30 am

May 11, 2023

• 2:00PM Water Cooler 5/11/2023
  by Lambert Strether 2:00 pm

• Big Food Raking in Huge Profits From Price Hikes as US Hunger Persists: Analysis
  by Yves Smith 9:55 am

• Links 5/11/2023
  by Lambert Strether 6:58 am

• New Wave of Asylum-Seekers at US Southern Border as Title 42 Expires
  by Yves Smith 5:44 am

• How Trade Fragmentation Affects Bank Credit Supply
  by Yves Smith 4:01 am

• NY Times Is Wrong on Dedollarization: Economist Michael Hudson Debunks Paul Krugman’s Dollar Defense
  by Yves Smith 12:43 am

May 10, 2023

• 2:00PM Water Cooler 5/10/2023
  by Lambert Strether 2:00 pm

• The Mercenaries Who Fight for American Empire
  by Yves Smith 9:55 am

• Links 5/10/2023
  by Yves Smith 6:59 am

• What We Owe the Future: A Million-Year View, or How to Look at the World from the Philosophical High Ground
  by Yves Smith 6:41 am

• We Can Use AI in the Economy but Only If We Are Willing To Tax Capital More Heavily
  by Yves Smith 6:04 am

• The U.S. Needs To Double The Size Of Its Energy Grid
  by Yves Smith 5:47 am

May 9, 2023

• 2:00PM Water Cooler 5/9/2023
  by Lambert Strether 2:00 pm

• Mass Incarceration’s Impact on US Life Expectancy
  by Yves Smith 9:55 am

• Links 5/9/2023
  by Yves Smith 6:59 am

• Why I’m Skeptical of Powell’s Claim Red-Hot Rent CPI Will Just Vanish: Landlords Report the Opposite, Even for April
  by Yves Smith 6:53 am

• EU Commission’s Flagship Annual Economic Event Just Showed How Little Public Appetite There Is for Cashless Economy
  by Nick Corbishley 6:45 am

• Peter Pan Bonds to the Debt Ceiling Rescue?
  by Yves Smith 6:44 am

May 8, 2023

• Mass General Hospital Decrees that Patients May Not ***ASK*** Staff to Wear Masks, Even If Immunocompromised (ADA Complaint Filed)
  by Lambert Strether 3:25 pm

• 2:00PM Water Cooler 5/8/2023
  by Lambert Strether 2:00 pm

• Links 5/8/2023
  by Lambert Strether 6:58 am

• Rochelle Walensky: Not With a Bang but a Puddle of Tears
  by Yves Smith 6:53 am

• Financial Instability in 2022-2023: Causes, Risks, and Responses
  by Lambert Strether 6:50 am

• William Astore: How American Learned to Love, or at Least Not Hate, Its Nuclear Bombs
  by Yves Smith 4:30 am

May 7, 2023

• Yellow Fever in Slave-Owning New Orleans and Covid Today: Symbolic v. Social Capital
  by Lambert Strether 2:55 pm

• Links 5/7/2023
  by Lambert Strether 6:58 am

• US vs. Gonzalo Lira
  by Lambert Strether 6:50 am

May 6, 2023

• Links 5/6/2023
  by Lambert Strether 6:55 am

• 4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson
  by Yves Smith 6:38 am

• A New Republican Assault on Children: Overturning Labor Laws
  by Yves Smith 6:01 am

May 5, 2023

• 2:00PM Water Cooler 5/5/2023
  by Lambert Strether 2:00 pm

• Peanut Butter Is a Liquid
  by Yves Smith 9:55 am

• Links 5/5/2023
  by Lambert Strether 6:55 am

• UN Development Program Believes Ukraine’s Digital ID and Governance Platform Is Ready to “Go International”
  by Nick Corbishley 6:45 am

• Violence in Sudan and the Decline of U.S. Hegemony
  by Yves Smith 6:00 am

• Can the US Adjust Sensibly to a Multipolar World?
  by Yves Smith 12:25 am

May 4, 2023

• 2:00PM Water Cooler 5/4/2023
  by Lambert Strether 2:00 pm

• “All I Want Is a Future”
  by Yves Smith 9:55 am

• Links 5/4/2023
  by Lambert Strether 6:58 am

• Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?
  by Yves Smith 5:34 am

• What is Section 4 of the 14th Amendment, “The Validity of the Public Debt of the United States?”
  by Yves Smith 3:53 am

• Is This the Beginning of the End for Gasoline?
  by Yves Smith 2:24 am

May 3, 2023

• 2:00PM Water Cooler 5/3/2023
  by Lambert Strether 2:00 pm

• Respectful Persuasion Is a Relay Race, Not a Solo Sprint – 3 Keys to Putting It in Practice
  by Yves Smith 9:55 am

• Links 5/3/2023
  by Yves Smith 6:58 am

• Erdogan Makes Comeback in Turkish Polls. Opposition Sends Mixed Signals on Russia.
  by Conor Gallagher 6:00 am

• Big Banks Must Become Globally Resolvable – or Significantly ‘Smaller’
  by Yves Smith 5:30 am

• Covid: The Poor People’s Pandemic
  by Yves Smith 5:25 am

May 2, 2023

• 2:00PM Water Cooler 5/2/2023
  by Lambert Strether 2:00 pm

• When a Storm Dumped Two Feet of Water on My City, I Learned Something Gratifying About My Neighbors
  by Yves Smith 9:55 am

• Links 5/2/2023
  by Yves Smith 6:59 am

• What Happens If the West Decides to Negotiate an End to the War in Ukraine and Russia Does Not (Really) Go Along?
  by Yves Smith 6:55 am

• Chinese Companies Are Taking Advantage of United States’ Nearshoring Strategy By Setting up Shop in Mexico
  by Nick Corbishley 6:45 am

• “In the Coronation, Britain’s Ruling Class Will Cast Its Dark Spell on Millions”
  by Yves Smith 5:45 am

May 1, 2023

• 2:00PM Water Cooler 5/1/2023
  by Lambert Strether 2:00 pm

• Will the EU Sanction Russia’s Nuclear Industry?
  by Conor Gallagher 9:35 am

• Links 5/1/2023
  by Conor Gallagher 6:55 am

• The Collapse in Operational Capabilities in the West and Some Knock-On Effects
  by Yves Smith 6:54 am

• Why Is the US Wiring Ukraine With Radiation Sensors to Detect Nuclear Blasts?
  by Conor Gallagher 5:00 am

• Decomposing the Rise of the Populist Radical Right: How Changes in Priorities Explain the Electoral Politics of Our Time
  by Yves Smith 5:00 am