Author Archives: Yves Smith
The GENIUS Act: Setting the Stage for a Federal Bailout When Stablecoins Become Insolvent
Why the GENIUS Act does not live up to its pretenses of making stablecoins safe, thus setting the stage for a Federal bailout.
Read more...Twilight of the Woke, or How to Historicize with a Hammer
A review of Musa al Gharbi’s “We Have Never Been Woke” which chronicles the class and cultural hypocrisy of a new elite.
Read more...DOGE Taketh Away From the Many as Trump Pays Off Crypto Bros With New “Strategic” Fund, Above All, Crypto Czar David Sacks
We warned that crypto was closely aligned with criminal activity. The open grift of the new “strategic” Trump fund proves that case.
Read more...Jane D’Arista on How the Failure of Global Finance Is Systemic
Jane D’Arista describes the internationalization of finance and how is has produced not just crises but fundamental economic distortions
Read more...Trump-Zelensky-Vance Blowup: Does Zelensky Regime End with a Bang, Not a Whimper?
Some hot takes on the epic Trump-Zelensky slugfest.
Read more...Links 3/1/2025
Trump and Wealth-Price Inflation: Still Running in the Background All the Time
Demand by America’s most affluent is driving consumer spending. That spending, in turn, is the main force keeping inflation so high
Read more...Over-Planting of GM Corn Costing Farmers Billions, Study Finds
Yet another example of GM crop induced harm to farmers.
Read more...Charlie Krauss: What the Enron Egg Says About AI’s Nuclear Courtship
How nuclear small modular reactors (SMR) hype, with a boost from AI, has reached absurd, as in satire-suitable, levels.
Read more...Changing of the Guard: Lambert’s Weekend Finale as New Writers Take Up Posts
Lambert retires after his final posts over this weekend, but we hope you will enjoy the new contributors who aspire to fill his yellow waders
Read more...“COL. Douglas Macgregor : Why Is Trump Arming Ukraine?”
Trump says US citizens working in Ukraine on his minerals deal will be a deterrent, as in serve as a tripwire. Bye bye Russia peace pact?
Read more...Capital as Power in the 21st Century: A Conversation
An in-depth discussion by Michael Hudson, Jonathan Nitzan, Blair Fix and Tim Di Muzio of the capital as power framework and its explanatory value.
Read more...With RFK Jr. in Charge, Supplement Makers See Chance To Cash In
Why dietary supplement fans should be worried about RFK, Jr.’s plan to weaken their already lax regulation.
Read more...Demand for Electricity Takes Off. US Power Generation by Source in 2024: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum
Quelle surprise! Power demand surges thanks to data centers (AI, cloud, crypto) and increasing share of EVs.
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