Author Archives: Yves Smith
Unfounded Debt Fears Block Economic Recovery
Debt scaremongering as voodoo economics.
Read more...Puerto Rico ‘Rescue’ Bill to Reinforce Colonial Relationship with US
Not surprisingly. Puerto Rico is about to get a big dose of austerity…..which Latvia-style, will push more people with skills to leave.
Read more...Links 7/1/16
Elizabeth Warren Opens Broad Attack Against Rent-Seeking Oligopolists Like Amazon, Apple, Google, Walmart, Comcast
Curiously, Elizabeth Warren is taking aim at powerful interests that are deeply loyal to Hillary Clinton. The plot thickens.
Read more...Why Private Equity Does Not Outperform
A new article gives a concise and readable debunking of the myth of private equity outperformance.
Read more...Brexit: Huge Spanner in the Works – Negotiation of New UK Trade Deals Verboten Till Exit Complete
“Tortuous” does not even begin to describe how hard it will be for the UK to strike post Brexit trade deals. Negotiations cannot begin until the UK has left the EU.
Read more...Cheat Sheet for the Australian Double Dissolution Election This Weekend
A primer for the Australian elections on Saturday. Enjoy!
Read more...Brexit: Why the UK is Unlikely to Have a General Election Soon
Explaining the not-well-understood UK general election rules and how they play into the Brexit calculation.
Read more...Links 6/30/16
EU to UK on Brexit: “What About ‘Nein’ Don’t You Understand?”
The EU lays down the law on Brexit.
Read more...Brexit: Does Invoking Article 50 Require the Approval of Parliament?
Gaming out whether Parliament can or will try to stop the British Government from invoking Article 50.
Read more...Bill Black: The Terrible Cost to Democrats and Our Nation of Ignoring Tom Frank’s Warnings
A high level description of how Democrats and Labor sold out the working class, and how that served a narrow interests at great cost.
Read more...We Were Under a DDoS Attack Yesterday
DDoS strikes again! Ugh but we are back to normal.
Read more...UK, EU Talk Past Each Other on Brexit Negotiations
The disconnect between the UK and EU over Brexit basics revealed yesterday was disconcerting.
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