Author Archives: Yves Smith
Announcing Reader Meetups: Friday August 5 in New York City, Sunday August 14 in San Francisco
This has been an insanely busy year, both from a news perspective and a tearing-of-hair-and-rending-of-garments-behind-scenes perspective. So I hope readers in New York City and San Francisco can meet with me for a drink in August. For those of you new to the site, meetups are very informal. We hold them in public venues, aka […]
Read more...TaxCast on Panama Papers and Brexit
The latest Tax Justice network podcast covers some hot topics, including key journalist accounts on the Panama Papers.
Read more...Study: Top Bank Execs Saw the Crisis Coming and Sold Their Company’s Shares
So much for the “whcouddanode” theory of the crisis.
Read more...Links 7/22/16
Another Nail in the Brexit Fantasy Coffin: Germany’s Car Makers Are Not Cowed
More evidence that the idea that the UK would have a negotiating advantage in Brexit talks is not well founded.
Read more...After Supporting Treasurer Chiang’s Private Equity Transparency Bill in Public, CalPERS Gutted It Behind the Scenes
Yet more evidence of CalPERS’ chicanery on behalf of the private equity industry.
Read more...Gaius Publius: Two Ways of Looking at a Plagiarism
Trust me, this post on Melania Trump’s plagiarism does not go where you expect it to go.
Read more...Draghi Supports Bailout of Italy’s Banks
Draghi backs an Italian bank rescue, but that does not settle the issue.
Read more...What Next for the EU?
An informative, high-level overview of how the EU got to where it is now, its internal contradictions, and the prospects for resolving them.
Read more...Links 7/21/16
Investment Implications of the Rise of the New Lumpenproletariat and Political Shocks
How rising numbers of the new lumpenproletariat, meaning contingent and least-paid workers, are reshaping economies and politics.
Read more...Uncovered California: Why Millions Have Fallen Into Health Care Gaps
How Covered California, the best Obamacare implementation in the US, still falls well short of its promise.
Read more...CalPERS Reported That It Made Less in Private Equity Than Its General Partners Did (Updated: As Did CalSTRS)
CalPERS clearly made less on its private equity investments last year than its so-called partners did.
Read more...The Peak Oil Paradox – Revisited
By Raúl Ilargi Meijer, editor-in-chief of The Automatic Earth. Originally published at Automatic Earth It’s been a while since we posted an article by our friend Euan Mearns, who was active at The Oil Drum at the same time Nicole and I were. Is it really 11 years ago that started, and almost 9 since […]
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