Yes, the Democrats really are hopeless.
Recent Items
Wednesday, March 12, 2025
The Frog or the Scorpion: Do Democrats Really Need to Ask Who Caused the Mess We’re In?
Topics: Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:30 am | 102 Comments »
Announcing 2025 Water Cooler Fundraiser for Lambert’s Gold Retirement Watch (and Work Done in 2024)
My goal is 🌡️ 400 donors, the same as last year. If you can give a lot, give a lot. If you can only give a little, give a little. (You can also pay it forward by donating on behalf of those whose circumstances have not permitted them to do so.)
Topics: Guest Post, Notices
Posted by Lambert Strether at 3:25 pm | 55 Comments »
2:00PM Water Cooler 2/25/2025
~ Today’s Water Cooler: Politics, Syndemics ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 72 Comments »
America First Deepens World Stagnation
Quelle surprise! America First is another leg down in the developing-country-unfriendly policies the Collective West has pursued.
Topics: China, Dubious statistics, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Income disparity
Posted by Yves Smith at 9:55 am | 20 Comments »
Links 2/25/2025
Topics: Links
Posted by Yves Smith at 6:58 am | 169 Comments »
Larry Ellison’s Dark Vision for OUR Future
One of the few things that the Trump 2.0 administration and Keir Starmer government have in common is the amount of influence Ellison seems to wield over them.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 46 Comments »
Hubert Horan: Can Uber Ever Deliver? Part Thirty-Five: What Drove Uber’s Recent $8 Billion P&L Improvement?
How did Uber achieved a $8 billion P&L improvement after losing $33 billion in its first 13 years? Misleading accounting plays a big role.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Investment management, Investment outlook, Uber
Posted by Yves Smith at 5:58 am | 9 Comments »
Can Europe Resist Concessions to Russia in Trump’s Ukraine Agreement?
An uber neocon contends that Europe has found substitutes for Russian energy and so can and will increase sanctions on Russia.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Europe, Globalization, Guest Post, Middle East, Politics, Russia
Posted by Yves Smith at 5:50 am | 31 Comments »
2:00PM Water Cooler 2/24/2025
~ Today’s Water Cooler: Politics, Syndemics; Trump and patrimonialism; Spooks stirring from slumber? Elon’s “five bullets” email debacle.HP performs minor act of de-enshittification ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Minority Reports: How Endowment Effect Would Make Ukraine Mineral Deal as a Tar Baby; Brian Berletic on US Preserving USAID Regime Change Capabilities; John Helmer on Shambolic US Conduct of Ukraine Negotiations
Challenging mainstream and prevailing independent media views on Trump’s plans for Russia and Ukraine and the US role in the world.
Topics: China, Doomsday scenarios, Energy markets, Europe, Globalization, Politics, Russia
Posted by Yves Smith at 9:55 am | 84 Comments »
Links 2/24/2025
Topics: Links
Posted by Lambert Strether at 6:58 am | 89 Comments »
Rethinking Unemployment Insurance: New Evidence on Hidden Costs
Taking moral hazard among employed workers into account has substantial effects on the welfare implications of unemployment insurance
Topics: Market inefficiencies, Social policy
Posted by Lambert Strether at 6:54 am | 27 Comments »
Germany Holds an Election in an Alternate RealityÂ
The likely new government looks determined to double down on Germany — and Europe’s — destruction.Â
Topics: Europe, Politics, Russia
Posted by Conor Gallagher at 6:00 am | 62 Comments »
The Recent Weakness in the German Manufacturing Sector
A look at the fallen state of German manufacturing seems to understate the implications of the conditions it describes.
Topics: Auto industry, China, Dubious statistics, Economic fundamentals, Energy markets, Europe, Globalization, Guest Post, Technology and innovation
Posted by Yves Smith at 4:59 am | 3 Comments »
We’ve Been Here Before: A Review of Thomas Frank’s “The Wrecking Crew”
Plus ça change… unless we get lucky or clever?
Topics: Guest Post, Politics
Posted by Lambert Strether at 5:25 pm | 40 Comments »