Gaza Ceasefire Deal Still Not Approved by Knesset. And Why Should the World Trust Israel to Comply if So?
Sadly Netanyahu is trying to slip the noose of the much-ballyhooed Gaza ceasefire deal and may succeed.
Read more...Author Archives: Yves Smith
James Galbraith: How the Fed Became Less Powerful Despite Weakened Congressional Oversight
Fifty years ago the actions of the Fed mattered. Today, as far the aggregate measures of America’s domestic economy go, they do not.
Read more...Bluesky: Exit, Voice, and Platform Loyalty
On some of the subtler forms of Bluesky censorship.
Read more...A Forgotten Farming Technique Is Making a Big Comeback – Here’s Why
How a traditional farming method, trap crops, is coming back into fashion as climate change works to the advantage of many pests.
Read more...Links 1/15/2024
Make America Healthy Again: Is MAHA a Trope or a Movement?
A look at MAHA’s recommendations, per the Casey Means book Good Energy, and why they are an affluent-focused, neoliberal prescription.
Read more...U.S. Sanctions on China’s Oil Firms Are Just the Beginning Under Trump
A discussion of some moves Trump is expected to take to try to contain China, starting with energy and avoiding use of the dollar.
Read more...Trump’s HUD Secretary and Our Reverse Robin Hood Housing System
A Trump-Turner housing agenda appears destined to continue the worst aspects of the US approach to affordable housing.
Read more...Wanting More for BRICS Than BRICS Wants for Itself
More realistic takes on BRICS, including by Michael Hudson.
Read more...Is Capitalism Falling Out of Favor? We Analyzed 400,000 News Stories to Find Out
On the fundamental flaws in a study meant to assess the popularity, or lack thereof, of capitalism in the US.
Read more...America’s Infrastructure Crisis: Covid’s Role in a Ticking Time Bomb
How falling levels of infrastructure maintenance are somewhat, perhaps significantly, due to Covid deaths and disability.
Read more...Russia’s Difficult Ukraine End Game Choices and the Issue of “Imposing Terms”
Why Russia’s seeming high class problem of being able to secure a military victory in Ukraine really is a problem.
Read more...Rebuilding Rate for Santa Cruz Mountains Lightning Complex Fire Bodes Ill for Los Angeles Reconstruction, Even Before Getting to Insolvency of California State FAIR Plan Wildfire Insurance
The pace of rebuilding after the Santa Cruz Mountains wildfire in 2000 bodes ill for the likely speed of Los Angeles reconstruction.
Read more...Links 1/11/2025
Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Read more...