Articles by Yves Smith - Page 60 of 1493

When It Comes to Fighting Russian Diamonds, the Jewish Diamond Trade and De Beers Are a Busted Flush

Efforts to crush the Russian diamond trade come when the industry is under duress. Why might the comparatively small Russian exports survive?

Wealth of US Billionaires Hits $5.5 Trillion—Up 88% Since Pandemic Hit

Even though the rich are predictably getting richer even in the Covid era, the picture is worse when you look at billionaires.

Experts: Negotiating Big Pharma’s Prices Won’t Stifle Innovation—They Don’t Use the Money to Innovate!

Physician-scientist Fred Ledley and economist William Lazonick debunk Big Pharma arguments against Medicare drug price negotiation

“We Need a Plan for the Transition to Renewable Energy”

Radical societal transformation is inevitable; a plan for renewable energy could make a difference between catastrophe and progress.

What Is China’s Future? Economic Decline, or the Next Industrial Revolution?

China has become economically wobbly of late. What does that portend?

New Evidence the German Taurus Attack Plan Was Leaked by the US Air Force

Yves here. It’s quite a big claim that members of the US military would leak a recording of German generals scheming to strike Russia with Taurus missiles to Russia. But then again, given that the US blew up the NordStream pipeline, it’s not as if the US regards Germany as anything other that a state […]