The Meltdown in Employer-Sponsored Health Insurance
Like many of the foundations of US middle-class life, employer-sponsored health insurance is breaking down, likely faster than you realize
Read more...Author Archives: Yves Smith
Iran War: Saudi Pipeline Out for at Least a Month, Further Stressing Energy Supplies; Trump + Israel Readying Post-Midterms Big Attack? Iran Weighing NPT Exit
Today’s Iran war news: After Ansar Allah attacks, Saudis seem in denial about the weakness of their position.
Read more...Links 9/12/2026
Africa’s Great Lakes: The Perpetual Violence Machine
Why the war in Africa’s Great Lakes is entering its fourth decade and may never end.
Read more...When the Machine Acquires a Self: Conscience, Agency, and the Governance Frontier of Artificial Intelligence
What happens when an AI values its own survival?
Read more...The Race to Cut Methane Emissions Is Exposing a Global Divide
Large methane emissions are easy to detect and often fairly easy to contain, yet few of the big sinning countries are taking action.
Read more...Are Too Many Americans Taking Antidepressants?
RFK, Jr. wants to wean many Americans off antidepressants. How sound are his views?
Read more...Has Capitalism Failed, or Has Neoliberalism Destroyed It?
Capitalism comes in many flavors. Sadly, the neoliberal one that has become dominant is particularly rancid.
Read more...Iran War: Pakistan and Turkiye Saber Rattle at Iran Over Ansar Allah Attacks on Saudis; Oil at $101 a Barrel Even as Flows Out of Persian Gulf Increase Despite Iran’s More Aggressive Footing
Today’s Iran war news: Oil prices grind upward as Pakistan and Turkiye bare their teeth over Ansar Allah’s attacks on the Saudis.
Read more...James Galbraith: The Impotence of Being Kevin Warsh
Kevin Warsh only partly sees that Fed tools and policy concepts may not work given AI, shifting prices, and the fading power of interest rates
Read more...25 Years of War Was the Wrong Response to 9/11
How 9/11 served as a pretext for 25 years of warmaking that has done great damage, including to most Americans.
Read more...Why Governments Tax: A List
If governments that issue currency don’t need to tax, why do they do it?
Read more...Private Equity: How the Big Long Became a Long Con as Fund Managers Hang on to Investor Funds Trying to Keep Up Pretense of Adequate Performance
Private equity investors have their cash stuck in funds longer than expected as managers are loath to sell companies and realize poor returns.
Read more...Links 9/9/2026
Iran War: Iran Hits US Bases and Targets Vessels After Tanker Strikes, Pushing Oil Over $100 a Barrel; Ansar Allah-Saudi Conflict Intensifies; UK Leads 12 Nations in West Bank Settlement Sanctions
Today’s Iran war news: Kinetic action heats up as Iran meets US tanker attacks with a big salvo on bases as Ansar Allah escalates.
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