How Do Americans Get Rich? (And Stay Rich?)
A deep dive into the sources of rich Americans’ wealth.
Read more...Author Archives: Yves Smith
Will Trump Take the Poisoned Chalice of Firing CFPB Director Richard Cordray?
Why firing Consumer Financial Protection Bureau Director Richard Cordray would probably turn out to be a win for Democrats.
Read more...The Oil Supply Glut Is Here To Stay In 2017
Why oil prices will stay soft this year.
Read more...Join Us for a NYC Meetup Next Friday, January 13!
Announcing our first meetup for 2017. Join us for a break from winter blues!
Read more...Links 1/5/17
F@ck Work?
Why arguments against work are another manifestation of neoliberalism.
Read more...Don Quijones: Power & Profit Fuel War on Cash in Europe
Be warned: European officials have already starting taking tough moves in the war on cash.
Read more...Republicans Likely to Pass “Audit the Fed”
“Audit the Fed” is likely to become law. It’s about time.
Read more...Ambrose Evans-Pritchard: Trump Effect Won’t Stop Credit Crunch
Forecasts for the US depend heavily on what Trump might actually get done. Ambrose Evans-Pritchard thinks Mr. Market is out over his skis.
Read more...Links 1/4/17
Matthew Cunningham-Cook: How Finance Is Starving Yemen
Who is backing and profiting from the Saudi campaign for mass extermination in Yemen?
Read more...Nomi Prins: My Political-Financial Road Map for 2017
Some specifics of why political risk and central bank policy will make for a wild ride in 2017.
Read more...Sexual Orientation and Earnings: How Being in a Partnership Matters
Sexual orientation does affect earnings, but not necessarily in the way you might have assumed.
Read more...Corporate Censorship of Independent Sites Has Begun
The corporate war on progressive outlets has started.
Read more...
