Why skeptics are correct to doubt the Biden Administration claims touting how well the economy had done under its stewardship.
Recent Items
Friday, October 11, 2024
Why Biden Is in Trouble About the Economy
Topics: Auto industry, Commodities, Dubious statistics, Economic fundamentals, Federal Reserve, Guest Post, Media watch, Politics
Posted by Yves Smith at 5:00 am | 31 Comments »
2:00PM Water Cooler 11/13/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 115 Comments »
Michael Hudson and Ben Norton: Why Does the US Support Israel?
Michael Hudson and Ben Norton take a broad look at how the US got deeply in bed with Israel, from economic to military to historical issues
Topics: Guest Post
Posted by Yves Smith at 9:55 am | 61 Comments »
Links 11/13/2023
Topics: Guest Post, Links
Posted by Conor Gallagher at 6:55 am | 172 Comments »
CIA-Connected Private Equity to Buy Italy’s Critical Communications Infrastructure
Telecom Italia’s downfall over the past thirty years mirrors the disastrous path of the Italian state since joining the EU.
Topics: Energy markets, Europe, Globalization, Infrastructure, Politics, Private equity
Posted by Conor Gallagher at 6:00 am | 16 Comments »
US Health Care Strip-Mined for Profit: Primary Care Physicians Becoming Scarce, Poorly Trained Nurse Practitioners Run Wild
The slow motion collapse of US health care is accelerating due to an acute and worsening primary care physician shortage.
Topics: Guest Post
Posted by Yves Smith at 5:00 am | 82 Comments »
How the Labor Movement Can Make the UAW’s 2028 General Strike Dream Come True
This could be the beginning of the most exciting resurgence of American organized labor power in a century.
Topics: Auto industry, Free markets and their discontents, Income disparity, Politics, The destruction of the middle class
Posted by Conor Gallagher at 4:00 am | 10 Comments »
Links 11/12/2023
Topics: Links
Posted by Conor Gallagher at 6:55 am | 215 Comments »
Under the Cover of Energy Crisis, Europe Shifts Industry, Emissions and Pollution to Balkans
German auto industry is representative of wider EU efforts to use the Balkans as a low-wage, polluted sacrifice zone.
Topics: Auto industry, Energy markets, Environment, Europe
Posted by Conor Gallagher at 6:00 am | 19 Comments »
Biden Moves To Reduce U.S. Reliance On Russian Nuclear Supply Chain
As Project Ukraine collapses, the Biden administration notices the US relies on Russia for nuclear fuel and figures somebody better do something about that.
Topics: Energy markets, Russia
Posted by Conor Gallagher at 5:00 am | 21 Comments »
Links 11/11/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 253 Comments »
Who Will Care for Older Adults? We’ve Plenty of Know-How but Too Few Specialists
The ranks of doctors who specialize in care of the elderly is shrinking. Why?
Topics: Guest Post, Health care, Social policy, Social values
Posted by Yves Smith at 6:36 am | 33 Comments »
Could It Be the Fed’s Mega-QE Created So Much Liquidity That Tightening Doesn’t Work until this Excess Gets Burned Up?
Financial Conditions loosen further: credit markets blow off the Fed to make sure “higher for longer” gets entrenched? That would be funny.
Topics: Banking industry, Credit markets, Derivatives, Dubious statistics, Economic fundamentals, Federal Reserve, Private equity, Regulations and regulators
Posted by Yves Smith at 6:05 am | 58 Comments »
2:00PM Water Cooler 11/10/2023
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 35 Comments »
After Years of Tanking Climate Action and Anti-Poverty Measures, Manchin Announces Exit From Senate
“During his time in office, Manchin served the fossil fuel industry and lined his pockets with the payoff,” said one critic.
Topics: Environment, Global warming, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 10:46 am | 31 Comments »