Why Mental Health Is the Hidden Cost of the Housing Crisis
Housing has too often become a source of insecurity rather than security.
Read more...Author Archives: Yves Smith
Another Brexit Mess: “Grandfathering” Existing Free Trade Agreements Looks Unlikely
Another item on the Brexit problem list: what to do about free trade agreements that will cease to apply to the UK on Brexit day.
Read more...Wolf Richter: “Blockchain” Stocks Completely Disintegrate
Blockchain plays have collapsed at an astonishing speed.
Read more...Links 2/17/18
The Free Market Threat to Democracy
Democracy is not under stress – it’s under aggressive attack, as unconstrained financial greed overrides public accountability.
Read more...Gaius Publius: Obama Energy Secretary Named to Board of Utility Giant
Obama alumni taking revolving door Big Energy jobs puts paid to the idea that Dems are less beholden to corporate interests than the GOP.
Read more...Polar Ice Is Lost at Sea
An update on polar ice loss and its implications.
Read more...Can Uber Ever Deliver? Part Thirteen: Even After 4Q Cost Cuts, Uber Lost $4.5 Billion in 2017
How the business press got the story on Uber’s latest financial report wrong.
Read more...News Watch: A Reading on Collective Angst
Are we wrong in seeing the news being a bit quieter than usual as not a good sign?
Read more...How Falling Down Can Lead to Waking Up: Learning from Loss and Pain
Falling is often a life-changer; observations from someone who is adjusting.
Read more...Links 2/15/18
Wells Fargo Screws Customers Yet Again, Now Failing to Make Right on Abuses; Elizabeth Warren Demands Answers
Wells Fargo is still up to no good…
Read more...Monopoly Now Wants You to Cheat—Just Like Real Capitalists
Bad monopoly behavior, both in the classic game and in real life, are ever more in vogue. But a backlash has begun.
Read more...A Transatlantic, Transpacific or Eurasian Global Economy?
Which nexus – Transatlantic, Transpacific or Eurasian– is likely to dominate global trade?
Read more...Wolf Richter: Big Reset Looms for Corporate Credit Market
Collateralized loan obligations and other risky corporate credit assets are trading at tight risk spreads despite stock market upheaval. What gives?
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