Author Archives: Yves Smith
To Solve Homelessness, Fix the Economy
A dangerous right-wing solution to homelessness is to hide the unhoused in out-of-sight detention camps
Read more...Food Stamp Work Rules Don’t Increase Employment, Researchers Say
Quelle surprise! Punitive food stamp restrictions do not produce an increase in work levels.
Read more...Iran War: Team Trump as Narrative War Captives?
Today’s Iran War update: Is Team Trump driven by narrative wars because they are the only ones they can kinda sorta win?
Read more...Maritime Law and US Naval Power Under Stress Even Before Strait of Hormuz Standoff
The old maritime order was at best a gentleman’s agreement. What comes next?
Read more...A More Troubling Picture of Sea Level Rise Comes Into View
Two major studies suggest tens of millions of people thought safe from coastal flooding are now at risk from sea level increases.
Read more...Michael Hudson: US Economy is Based on a Ponzi Scheme
Michael Hudson explains the dangers and costs of Wall Street’s Ponzi schemes.
Read more...Defending TrumpRx Scam, RFK Jr. Absurdly Claims Trump ‘Has His Own Way of Calculating’ Percentages
Not only is Trump inventing his own school of math. but he is also pretending that paying more than market rates for drugs is a savings.
Read more...Wildfires Used to ‘Go to Sleep’ at Night. Climate Change Has Them Burning Overtime
Wildfires now have longer burn-times; California has about 550 more fire-friendly hours a year than it did in the 1970s.
Read more...What Does it Mean to Work Under Algorithmic Eyes?
AI surveillance and algorithmic management threaten worker autonomy and dignity.
Read more...Half of AI Health Answers Are Wrong Even Though They Sound Convincing – New Study
AI appears to perform no better than astrology, yet even the author of this critical piece defends its use in medicine.
Read more...The US Demanded That Europeans Accelerate Their Transition to “NATO 3.0”
The Trump Administration engages in displacement activity by beating up on NATO in the hope that works better there than with Iran.
Read more...Postponing the World’s Financial Winter – For How Long? Iran’s MAD Standoff with the Rest of the World
Micheal Hudson describes how the US and Iran threats against energy production is MAD, as in mutual assured destruction.
Read more...Iran War: Gaslighting Hits Epic Levels Over “Strait Completely Open” Fast Breakdown, Trump Smack Talk About Collecting Uranium as US Looks to Be Readying Massive Attack
Today’s Iran war update: Trump’s peak gaslighting, specifically wild claims about Iran concessions. looks like a pretext for renewed attacks.
Read more...Radhika Desai and Michael Hudson: The Blockade Stage of Trump’s Absurdities
Radhika Desai and Michael Hudson on the media and market disconnect between Trump Iran barker talk and dire economic and political effects.
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