Author Archives: Yves Smith
Cleaning Up After the North Sea Oil Industry Will Cost Billions – But Nobody Wants to Pay
The North Sea joins a long list of extraction industry unpunished negligence.
Read more...City’s Newest Migrants Head Underground Looking to Survive
Migrants are finding it harder to get by in already difficult roles like illegal street vendor work in the subways.
Read more...Strange, Unpredictable, and Energizing: Dark Comedy as Climate Solution
Can comedy defeat climate inertia?
Read more...Links 5/23/2023
The Debt Ceiling End-Game
So what can the Administration do, instead of blink, in the debt ceiling staredown?
Read more...Coalition Calls on IPCC to Reject Meat Industry Meddling in UN Climate Process
“We encourage the IPCC to… ensure that Big Agriculture and the global meat industry have no influence over future reports.”
Read more...US Geopolitics: Believing Impossible Things
On the global stage, US can only barely keep up the pretense that it is not losing its mind.
Read more...U.S. Shale Production Is Set For A Rapid Decline
Much tighter shale markets look baked in by year end. That would produce a lot of knock-on effects.
Read more...Links 5/20/2023
Are US Prescription Drug Prices 10 Times Those of Other Nations? Only Sometimes
Misleading fact checking as a way to denigrate figures who regularly challenge the mainstream, here Bernie Sanders.
Read more...Could a Far-Right vs Centre-Left Showdown Be the Future of British Politics?
Amid global pressures, a centrist Labour government could face a far-right opposition, with no true reformists in sight
Read more...Senators Ramp Up 14th Amendment Pressure on Biden to Counter GOP Debt Ceiling Brinksmanship
Although the GOP created the debt ceiling, Democrats are culpable for neither challenging its Constitutionality nor using the platinum coin.
Read more...‘Adversarial Actors, Home and Abroad’
Which non-foreign adversarial types do elites have in mind when they promote domestic censorship and news blockades?
Read more...‘Market Fundamentalism’ Is an Obstacle to Progress
Why market cheerleaders are bad for you.
Read more...