Author Archives: Yves Smith
Steve Keen Warns Crash of 2026 Will Be Worse Than 2008
Steve Keen was one of the few economists to predict the 2008 crisis. His call for a 2026 crash looks all too credible.
Read more...President Putin and Prime Minister Modi Share a Future Strategy That’s No Joke for President Trump
Even with the Putin-Modi lovefest and shared strategic aims, meeting their trade targets will be a heavy lift.
Read more...What’s the Likelihood of a NATO-Russian Non-Aggression Pact?
How Poland will play an essential role in what happens next between with NATO and Russia.
Read more...Revulsion, La Grande Bouffe, and the Spectacle of Grotesque Elite Self and System Destruction
Why our elites, starting with the top ranks in the Trump Administration, are disgusting.
Read more...Links 12/6/2025
With UK Politics in Flux, Corbyn’s Your Party May Surprise You Yet
Last weekend, two very different Your Party conferences took place: the one reported on in the press, and the real one
Read more...Book Review: Harnessing the Power of Dreams and Nightmares
In “Nightmare Obscura,” scientist Michelle Carr argues that our dreams are essential pillars of who we are.
Read more...Brexit’s Slow‑Burn Hit to the UK Economy
A new analysis finds that Brexit imposed higher costs on the UK than forecasts at the time projected.
Read more...The Point of No Return for the Warm Water Atlantic Current Is Coming Up Fast
Just the way objects in your rear view mirror are closer than you think, so too are tipping points like the slowdown of the Gulf Stream.
Read more...Under Kennedy, America’s Health Department Is in the Business of Promoting Kennedy
More detail on Health and Human Services chief serving his own financial interests and pet causes as opposed to those of the public.
Read more...The Anti-MAGA Economics of the Second Trump Administration
How Trump has defaulted on his MAGA promises.
Read more...Blockbuster San Francisco Lawsuit Targets Food Industry Giants Over Ultraprocessed Foods, with Extensive Documentation of Health Damage and Success in Producing Addiction
A case by the San Francisco attorney documents Big Food’s use of ultraprocessed food to create addicts in a repeat of the tobacco playbook.
Read more...Report Shows How Recycling Is Largely a ‘Toxic Lie’ Pushed by Plastics Industry
More confirmation that recycling is no solution to relentlessly rising plastics use and health damage.
Read more...How Wage Increases Became the Fed’s Red Line
How the Fed’s use of wages as a key inflation measure started as a war on labor and continues to operate that way.
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