Author Archives: Yves Smith

New Agenda of Russia-India Relations

Modi and Putin had a bear hug earlier this week. Some context on India-Russia dealings and US upset about them.

Biden Twists in the Wind as Big Donors Close Wallets, Party Criticism Persists Despite Clampdown, and Pelosi Questions His Decision to Continue

Despite reports of ruthless Biden efforts at containment, calls for him to withdraw from the 2024 race grow.

“Tariffs Don’t Protect Jobs. Don’t Be Fooled.”

More discussion of tariffs as the US is using to whack Chinese imports, above all EVs.

Something Rotten in the State of Albion

A look at Britain’s image versus its conduct.

Michael Hudson: Russia and China CRUSH NATO’s Plan as Ukraine FALLS Apart

NATO is looking wobbly and many of its woes are self inflicted.

Radioactive Real Estate: Finding a Forever Home for Nuclear Waste

Castoffs from U.S. nuclear weapons get buried at one site in New Mexico. But what happens when that facility fills up?

Links 7/10/2024

Why the US Doesn’t Have National Health Insurance: The Political Role of the AMA

Documenting the role of the AMA in blocking public health care in the US.

The Biden Donor Convention

Big donors and Biden are duking it out as to whether he goes or stays. How much does it matter that voters are visibly disenfranchised?

Links 7/9/2024

EU Undershoots 155MM Shell Capacity Target by More Than Half, Blames All Sorts of Things Besides Lack of Operational Capability

EU inability to meaningful increase 155mm shell production show the high cost of giving private arms-makers free rein.

What Would a Russian Victory in Ukraine Look Like?

Russia has some thorny and apparently not resolved questions about its end game in Ukraine.

US Fed-Induced World Stagnation Deepens Debt Distress

US and Fed bad cooking has led to weak growth the world, and by urging poor countries to borrow at once-low rates, debt distress.

Links 7/6/2024