Author Archives: Yves Smith
Procrastinators of the World, Unite! Last Day, Last Chance for Our Fundraiser!
Help make our 2018 fundraiser the most successful ever!
Read more...Panicked Market Close Wednesday, Rout Continues Overseas, With Some Stabilization in Europe; What Will Thursday Bring? Updated: Investors Want Their Fed Put
Mr. Market was very edgy yesterday. Will he recover his chipper mood today or fall into a deeper funk?
Read more...The Crumbling Architecture of Nuclear Arms Control
A useful backgrounder on nuclear arms control and why the system is coming unglued.
Read more...Oil Under Threat As Global Economy Struggles
Bullish expectation for oil prices wane as the outlook for the world economy darkens.
Read more...Links 10/24/18
The Best Part of This Week
What you’ve told us this week about why this site and the community you’ve created matter to you.
Read more...Standoff Between Italy and European Commission Escalates as Commission Rejects Italian Budget
Italy and the European Commission are in a dispute over Italy’s budget, and no one looks likely to come out a winner in this fight.
Read more...Buried in “Hilariously Stupid” White House Attack on Socialism, An Accidentally Strong Argument for Medicare for All
Amid hysterical comparisons between Senator Bernie Sanders and Mao Zedong, the Council of Economic Advisers unwittingly makes a solid case for socialist policies.
Read more...Brexit: The Forward March of Remain? It Still Hasn’t Got Out of the Starting Blocks
Remain boosters need to focus efforts on Tory and Labour MPs with marginal seats, but they’re too distracted by painting apocalyptic pictures.
Read more...Can Americans Learn to Scale Their Partisan Walls?
Connecting across differences may be the only thing that will save Americans from rule by the privileged few.
Read more...Links 10/23/18
Markets Edgy Over China, Italy Budget Staredown, Saudis, Brexit, Too Much Private Debt, Strained Valuations….
Markets have more reason than usual to be jumpy.
Read more...Michael Mann: We’re Already On Our Way to “Blowing Past” 1.5 Degrees Global Warming
How global warming is increasing at a faster rate than most realize.
Read more...Wolf Richter: It’s the Banks Again
Mr. Market is worried about banks, particularly European ones.
Read more...