Special interests and the lack of a unified vision facilitate corruption. Rising debt levels in the developing world suggest a tipping point.
Recent Items
Monday, October 7, 2024
How Effective Is International Aid and Assistance? The Rise of Debt Traps
Topics: Africa, Credit markets, Economic fundamentals, Europe, Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics
Posted by Yves Smith at 11:37 am | 11 Comments »
Links 3/15/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 246 Comments »
Just Three Months into Office, Argentina’s Milei Government Invites US Troops to Help “Manage” Major Waterway
“This is an agreement involving a foreign army belonging to a country that clearly seeks to increase its hemispheric influence over Latin America.”
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 22 Comments »
Young Voters, Victims of Neoliberalism, Pessimistic About the Future, Sour on Politics…As Officials Tell Them to Eat Statistics
A Wall Street Journal article about dispirited young voters reveals more than it intended to.
Topics: Dubious statistics, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Income disparity, Media watch, Pandemic, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:02 am | 110 Comments »
Major US Companies Pay Executives More Than Uncle Sam
More evidence, as if you needed it, that corporate executives are very skilled at feathering their nests.
Topics: Corporate governance, Guest Post, Income disparity, Politics, Social policy, Taxes, The destruction of the middle class
Posted by Yves Smith at 1:28 am | 12 Comments »
Closing Hours of the 2024 Water Cooler Fundraiser. Please Help Hit Our Target!
Lambert goes a bit meta.
Topics: Guest Post, Notices
Posted by Lambert Strether at 3:55 pm | 25 Comments »
2:00PM Water Cooler 3/14/2024
~ Today’s Water Cooler: Political and pandemic news, plus right-to-repair, and Ibogaine. ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 108 Comments »
The Intergenerational Health Effects of Forced Displacement: Japanese American incarceration During WWII
As confirmed by a study of Japanese interment in World War II, the health impact of displacement is long-lived.
Topics: Doomsday scenarios, Guest Post, Health care, Politics, Social policy, The dismal science
Posted by Yves Smith at 9:55 am | 7 Comments »
Links 3/14/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 160 Comments »
US Had Secret Talks with Iran About Houthi Red Sea Shipping Attacks in January
A planted story takes a bit softer line on Iran than is normal for the press. A concession to reality or a justification of US impotence?
Topics: Media watch, Middle East, Politics
Posted by Yves Smith at 6:54 am | 14 Comments »
Are We Stumbling Into World War III in Ukraine?
The West misjudged Russia’s capacity to fight in Ukraine, yet is now cavalierly pursuing escalation. On that path lies nukes.
Topics: Guest Post
Posted by Yves Smith at 3:00 am | 78 Comments »
Global Warming Is Still Accelerating, in Three Graphs
While you were busy watching the wars, national elections or other distractions du jour, global warming keeps marching on.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Free markets and their discontents, Global warming, Guest Post, Politics
Posted by Yves Smith at 12:50 am | 40 Comments »
2:00PM Water Cooler 3/13/2024
~ Today’s Water Cooler: Politics and pandemics, and Boeing’s ongoing debacle + Eames Chairs ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 153 Comments »
Sink the Hessen! Russia Doesn’t Have To Strike Beyond the Ukrainian Battlefield – The German, French, British and US Governments Are Sinking Themselves
German plotting, French bluster, domestic polling, and possible Russian countermoves and next steps.
Topics: Doomsday scenarios, Europe, Guest Post, Politics, Russia
Posted by Yves Smith at 9:55 am | 49 Comments »
Links 3/13/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 198 Comments »