Author Archives: Yves Smith

Europe’s Crisis Was Caused More By Reckless Lending Than By Reckless Spending

Remedies have failed to produced growth and lower indebtedness because they’re focused on protecting toxic behavior by banks in Europe’s core

Links 12/7/16

Can Uber Ever Deliver? Part Five: Addressing Reader Comments and Questions

Hubert Horan answers questions about his series on Uber.

Witch Hunt: “Fake News” Software Touted by CBS Smears Naked Capitalism, ShadowProof, TruthDig, Others; Creator Admits He Made Up Who Went on Hit List

Naked Capitalism, Consortium News, Counterpunch, Truthout, TruthDig are under another “fake news” attack, this from a browser extension.

The Standing Rock Sioux Will Be Ready To Take a Trump Challenge to Courts

The Sioux have a decent legal case against Trump Administration efforts to revive the Dakota Access pipeline.

Links 12/6/17

Saudi Arabia Surrenders To U.S. Shale

Saudi Arabia has finally blinked. What does that mean in practical terms?

Macroeconomics in the Crossfire (Again)

Economists are finally ‘fessing up to the fact that macroeconomics was never all that good and has regressed in recent decades.

Can Uber Ever Deliver? Part Four: Understanding That Unregulated Monopoly Was Always Uber’s Central Objective

Why Uber’s goal is replacing urban car service with a higher cost, less efficient operation that would extract wealth from the public.

Wolf Richter: Italians Vote “No,” Renzi to Resign, Banking Crisis Now Looking for Taxpayers

Will the failure of Renzi’s constitutional referendum and resulting political uncertainty finally force Italy’s banking crisis to a head?

We Demand That The Washington Post Retract Its Propaganda Story Defaming Naked Capitalism and Other Sites and Issue an Apology

Our lawyer has a few words with the Washington Post.

We Launch PropOrNot.Org To Identify Inept Propagandists and School Amplifiers Like The Washington Post on How to Spot Them

Please visit our new site, PropOrNot.org, Have a laugh at the expense of incompetent McCarthyite wannabes!

PropOrNot’s Grandiose Fabrications

Yet more debunking of the McCarthyite wannabe website PropOrNot.

Thanks SO MUCH For a Speedy and Very Successful Emergency Fundraiser to Fight Independent News Site Blacklists

A big thanks for making our emergency fundraiser such a success, and a quick update on what is coming.