Author Archives: Yves Smith
Uncovering Dark Oxygen: Deep-Sea Discovery Challenges Scientific Assumptions
Yves here. We linked to reports of the discovery of so-called dark oxygen, but we did not realize that this finding could argue for restricting deep sea mining. By Felicity Bradstock, a freelance writer specializing in energy and finance. Originally published at OilPrice Potato-shaped metallic nodules deep under the Pacific Ocean produce oxygen in complete […]
Read more...The Shocking Truth Behind the End of Financial Colonialism
Another take on the slow unraveling of the Western-dominated order, here seen as a repudiation of colonialism.
Read more...Eyepopping Factory Construction Boom in the US Reaches New Highs Amid Big Corporate & Strategic Rethink
New factory building shows that reshoring plans are translating into action. But how many will produce successful operations?
Read more...Israel: Armageddon?
Israel, as John Mearshimer put in in a new post, has gotten itself in deep kimchee. Who else will it drag into its desperate mess?
Read more...Ninety Pre-Election Days in Two Charts
Election statistical models performed poorly in the US this year. That’s to be expected when faced with tail risk events.
Read more...Wildfires Can Create Their Own Weather, Further Spreading the Flames − An Atmospheric Scientist Explains How
A worked example of how human activity does not just have direct environment effects but also feedback loops, here on weather.
Read more...How Kamala Harris Sold Out Struggling Homeowners to Save Banks in 2012 and Then Lied About It
Kamala is under scrutiny for policy flip-flops. Even worse is her lying about the badge of shame known as the 2012 National Mortgage Settlement.
Read more...Michael Hudson & Jill Stein: Israel Just Crossed Hezbollah And Iran’s Red Line: WWIII Looms
Israel has just greatly upped the ante with assassinations in Tehran, Beirut, and possibly a third in Damascus. How will the Axis of Resistance respond?
Read more...Repaying Bank Loans Destroys Money
Richard Murphy discusses a key, and not well understood, implication of repaying bank loans.
Read more...Israel Assassinates Hamas Negotiator, Ismail Haniyeh, in Iran, Leading to Condemnation Across Muslim World; Israel Attempts Assassination of Hezbollah Leader in Beirut; Settler Brownshirt Rampage Against IDF Wins Knesset Backing
Israel escalates as Tony Blinken wrings his hands.
Read more...Climate Change: Can One Specific Example Counter the Denialists?
A look at climate change impacts, recent and prospective, in coastal Georgia. Can evidence like this change some stubborn minds?
Read more...CrowdStrike Lessons: Liability Shields Fuel Risky Practices, Expert Warns
A discussion of the regulatory and behavioral issues that helped produce the Crowdstrike 404.
Read more...Starvation in Sudan: As in Gaza, the Deprivation Is Deliberate
How a brutal, five year old civil war in Sudan has been producing Gaza-level starvation and war crimes.
Read more...To Win ‘Medicare for All,’ First Reclaim Medicare From Profiteers
Building on the promise of Medicare means taking on the private-sector enriching, skimpy “Medicare Advantage” program
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