Alongside Rising Top Incomes, the Level of Living of America’s Poorest Has Fallen
As the rich in America get richer, the poorest fall further behind.
Read more...Author Archives: Yves Smith
Links 6/21/18
Mexican Business Elite, US Government, Brace for Likely Win by Leftist Obrador as Mexico’s President
What might a win in the July 1 presidential election by the charismatic, anti-neoliberal Andres Manuel Lopez Obrado mean for Mexico and the US?
Read more...Don Quijones: How the ECB Helped Spain “Recover” Faster than Italy from the Crisis
How “financial repression,” as in negative real interest rates, whacked Italy and boosted Spain.
Read more...Bill Black: Kill the Hastert Rule – A Pedophile’s Indefensible Rule Harms America
How Democrats have failed either to oppose or capitalize on the democracy-thwarting Hastert Rule.
Read more...The World Cup: The Dismal Science and the Beautiful Game
A light-hearted economic analysis of the World Cup
Read more...Bill Black: Bitcoin Frauds Keep Growing
Another area where bitcoin hype exceeds reality.
Read more...EU to Members: Prepare for No Deal Brexit
An official “put on your life jackets” Brexit warning.
Read more...Some Notes on Trump’s Trade War Threat
Some observations about the Trump-China spat.
Read more...Links 6/19/18
Yanis Varoufakis: Why Germany Neither Can Nor Should Pay More To Save the Eurozone
Why Germany is not the solution to the Eurozone’s woes.
Read more...Why North Korea Can Never Trust the U.S.
Why North Korea will be unable to accept any deal the US offers.
Read more...Gaius Publius: Union-Busting by Planned Parenthood in Colorado
Planned Parenthood shows its true colors, which is loyalty to the top 10%.
Read more...Net Neutrality Supporters Face Off Against The FCC
Net neutrality is dead. Long live net neutrality.
Read more...Missing in Action: The Poor in America
How much of the reality of being poor remains hidden, often by design.
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