Author Archives: Yves Smith
IM Doc on the Corruption of Public Health and the Breakdown of Medical Practice in the US
Sadly, famed short seller David Einhorn’s saying applies to US public health: “No matter how bad you think it is, it’s worse.”
Read more...Kick Start or Kick Over — Can The US Defeat Russia in the Lithium Battery War?
Russia’s substantial lithium reserves and very competitive production costs imply that Russia will soon become a critically important source.
Read more...$100 Oil Is Bad For The Economy (And For OPEC+)
$100 a barrel oil does not bode well for the economy in the US and even more so around the world. What might the political fallout be?
Read more...The State of Antitrust and the FTC’s Case Against Amazon
The FTC suit against Amazon argues the online giant coerced its online merchants. How does that map against antitrust law?
Read more...US Home Insurers Are Leaving Climate Risk Areas. We Need Affordable Housing Now
When the US housing crisis meets the looming insurance crisis, only government intervention will avert catastrophe.
Read more...Too Late to Not Nominate Biden
Biden’s refusal to step down assures chaotic outcomes. It is hard to see how he can win and hard to see how Trump would be permitted to win.
Read more...Deceit Pays Dividends: How CEO Lies Can Boost Stock Ratings and Fool Even Respected Financial Analysts
Reaching not-necessarily-sound conclusions from turning a supposed lie-detecting AI on CEO earnings calls and analyst ratings.
Read more...Foreign Bodies: Pandemics, Vaccines and the Health of Nations
Simon Schama’s book on pandemics and vaccines is highly informative, although KLG takes issue with Schama’s defense of Anthony Fauci.
Read more...Consulting Ethics: McKinsey Pays Additional $230 Million Opioid Settlement, Bringing Total to $870 Million
McKinsey’s latest payoff to avoid admiting culpability reveals some of the inherent problems with high-end management consulting.
Read more...FCC Chair Confirms Plan to Reinstate Net Neutrality Rules Eviscerated Under Trump
The much-delayed appointment of a new FCC chair sets up the agency to roll back an anti-internet-freedom rule change under Trump.
Read more...Fracking Fallout: Is America’s Drinking Water Safe?
After many years, concerns about the impact of fracking on aquifers are finally going mainstream.
Read more...Links 9/26/2023
Original Sin: How the Weak Legal Foundations of NATO Make Negotiations With Russia Virtually Impossible
As if there weren’t already a boatload of impediments to a settlement of the Ukraine war, NATO’s inability to enter into treaties is a biggie
Read more...US Surveillance Firm’s Charm Offensive to UK Councils and Police Forces
US surveillance firm Fusus wants to bring supposed state of the art ‘real-time crime centres’ to the UK – with one being trialled this month
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