French President Threatens to Outlaw Protests Against Labor Reforms
An update on the labor protests in France.
Read more...Author Archives: Yves Smith
HR 5424, “Investment Advisers Modernization Act,” a “Get Out of Madoff and Other Frauds for Free” Bill, Passes Financial Services Committee
HR 5424, intended to make life even easier for potential securities law abusers, got considerable support from Democrats on the Financial Services Committee.
Read more...Links 6/17/16
Unequal Gains: American Growth and Inequality Since 1700
American history suggests that inequality is not driven by some fundamental law of capitalist development, but rather by episodic shifts in five basic forces: demography, education policy, trade competition, financial regulation policy, and labour-saving technological change.
Read more...Facing Up to the World’s Health Crises….and the TPP Would Make Matters Worse
The TPP threatens to undermine public health just as the world is on the verge of major health crises.
Read more...Hedge Fund Shakeout Continues
The hedge fund industry has been bloodied but is far from bowed.
Read more...British MP Jo Cox Murdered in Presumed Brexit-Related Attack
A British MP, Jo Cox, is dead in a presumed politically-driven murder.
Read more...The New Education Reform Lie: Why Denver Is a Warning Sign, Not a Model, for Urban School Districts
The charter school movement ‘s claims of better results are marketing hype, as Denver demonstrates.
Read more...Mathew D. Rose: Brexit – The End of the Universe
Germany is determined to teach the UK a costly lesson if it dares to defy its hegemony via a Brexit.
Read more...Wolf Richter: These Debt Slaves are the Government’s Largest Asset Class, and It Will Haunt the Economy for Years
Student debt isn’t just a millstone around young people’s necks; it’s weighing down the economy.
Read more...Need a Loan in China? Hand Over a Nude Photo
Lender demands in China as a sign of credit stress.
Read more...Elizabeth Warren Slams SEC’s Mary Jo White for Putting “Information Overload” Project Ahead of Dodd Frank Rulemaking
Elizabeth Warren and Mary Jo White cross swords again…but how effective can Warren be after she hitches her star to Clinton?
Read more...And Now, Price Deflation in India and China?
Price deflation, and classic debt deflation dynamics, are staring to appear in India and China.
Read more...Announcing Mini-Fundraiser for Water Cooler!
I know it may seem strange to be launching a fundraiser now, and just for Water Cooler, but there is method to this special appeal. Water Cooler provides both economic and political coverage, and at a time when a former Clinton Administration, Brad DeLong announced, following the purge of two Sanders-supporting writers, that those deemed to be too far to the left will be ” gleefully and comprehensively trash[ed]” come November.
Read more...Russia Is Reportedly Set To Release Clinton’s Intercepted Emails
Is Russia going to throw a spanner in the US presidential election?
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