Author Archives: Yves Smith
Blackstone Presents New Fee Scheme: Tricky Fees are Dead, Long Live Tricky Fees!
Blackstone’s new, improved fee scheme confirms that any supposed concession to investors need to be viewed with great skepticism.
Read more...How Trump and Clinton Gave Bad Answers on US Nuclear Policy….And Why You Should Be Worried
As tensions with Russia rise, neither Presidential candidate gave a straight answer on the use of nuclear weapons.
Read more...The Prospects for Technology-Driven Growth: Dismal or Dazzling?
Advanced economies are caught between two giant, competing truths: economic growth is slowing down, and science is flourishing.
Read more...Links 10/4/16
Democracy. Capitalism. Socialism. Choose Any Three of the Above
Why capitalism, socialism, and democracy are necessary for any country’s prosperity, economic freedom, and economic well-being.
Read more...Gaius Publius: A Clinton Speech to Millennials That Will Work
What Clinton needs to do to win Millennials.
Read more...Black Lives Matter Co-Founder Alicia Garza on the Global Movement for Black Lives
Alicia Garza, co-founder of Black Lives Matter, weighs in on issues related to race and racism in America today.
Read more...Hoisted From E-mail: “Shock Doctrine Against CalPERS”
Why CalPERS is becoming the target of sustained media attacks.
Read more...Smoke And Mirrors: What Did OPEC Really Agree On?
Why there is less than meets the eye to the OPEC plan to cut production at the end of November.
Read more...Be Sure to Join Lambert’s Vice Presidential Debate LiveBlog/Open Thread Tomorrow at 9 PM EDT
Hope you can join our vice presidential live blog tomorrow night!
Read more...Links 10/1/16
Cerberus Uses Private Equity Looting Strategy With Scandal-Ridden Steward Health Care Hospitals
How Cerberus is using a real estate looting strategy to salvage its purchase of Steward Health Care….at the expense of the operations, natch.
Read more...When Bank Boards Get Too Cozy, Expect Misconduct
Why regulators and investors need better measures of the connections between bank executives and their boards.
Read more...Social Democracy, the “Third Way,” and the Crisis of Europe, Part 1
The birth of the Third Way —a turn away from class-struggle politics and a compromise with neoliberaism—and how it shaped the Eurozone.
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