Author Archives: Yves Smith
Rob Urie: What Do the Western Drone Attacks Mean for US – Russia Relations?
On Ukraine’s recent escalations: “Westerners sanguine about the prospect of nuclear war are fools.”
Read more...Trump’s ‘One Big Beautiful Bill’ Continues Assault on Obamacare
Rather than end Obamacare, which would be politically costly, the Trump Administration is working to hollow it out.
Read more...‘Another Aid Massacre’: Israeli Military Kills Dozens More Near Privatized Gaza Food Site
Yet another Israel genocide strategy: killing Gazans at aid distribution sites.
Read more...Links 6/3/2025
Larry Wilkerson: “We’re Looking at Nuclear War”
Larry Wilkerson: The deep US involvement in the Ukraine drone attacks on Russia means we are on a path to nuclear war.
Read more...Tariff Turmoil and the Money Markets: Yet Another Rescue Coming
In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.
Read more...“Germany Steps Up to Replace ‘Unreliable’ US as Guarantor of European Security”
More evidence that European pols and pundits, or at least the mainstream sort, are losing their minds as Russia gains ground in Ukraine.
Read more...Elon Musk’s Government Legacy Was Enacting Project 2025. His Ties Go Back Years
Quelle surprise! Elon Musk was long a Project 2025-type-program enthusiast and became its lead promoter and implementer.
Read more...Richard Murphy Gets ChatGPT to Describe How It Inherently Makes Shit Up
ChatGPT admits to being an inherent bullshitter.
Read more...Ukraine Engages in Massive Escalation Against Russia on Eve of Talks; Smuggled in Drone Hit Airbases; Claims of 40 Bombers Destroyed
A massive covert Ukraine drone attack on Russian airbases, including nuclear deterrent forces, risks nuclear retaliation.
Read more...Links 5/31/2025
Musk Might Be Gone, But Watchdogs Warn Trump/DOGE Carnage Will Continue
“Musk’s departure ….does not actually change…. DOGE’s mission to destroy everything that protects the public from….rapacious oligarchs”
Read more...Alongside China’s, Which Social Credit Systems Are Developing?
China’s state-run social credit system has elicitied global criticism for years, but other versions are spreading in the rest of the world.
Read more...Trump’s Global Trade Plans Are in Disarray, Amid Legal Appeals to a US Court Ruling on ‘Liberation Day’ Tariffs
Trump’s trade talks have hit a speed bump and perhaps even a wall. What could come next?
Read more...


