Author Archives: Yves Smith
Colonel Wilkerson: Trump Admin Preparing Insurrection Act, Martial Law Ahead of Midterms
Larry Wilkerson is unsure the U.S. will hold a free and fair election — if any — given Homeland Security’s expanded ICE and militia forces
Read more...Can Decentralized Energy Prevent the Next Crisis?
William Gibson:“The future is already here – it’s just not evenly distributed,.” as decentralized power in Ukraine, Puerto Rico and Cuba shows
Read more...Why ‘Entitlements’ Cuts May Succeed
“Never let a crisis go to waste” means “”Expect another go at entitlements reform, as in cuts, in the not-too-distant future.”
Read more...Holiday Weekend Schedule
We are taking a wee break over this holiday weekend, but you will still get plenty of post fare, particularly our daily Links.
Read more...The Financial Times View: Make the Vulnerable Pay for Failing Neoliberalism
As political and economic pressures rise, those in charge are even more willing to punish the poors to save neoliberalism and capital-owners.
Read more...The Rules-Based Nuclear Bomb
Traditional accounts of nuclear nonproliferation obfuscate that states with the bomb sell the path to it and are planning to use it themselves.
Read more...Satyajit Das: The Yen Intervention – Mutual Support or Self Preservation
The record of yen interventions and the poor prospects for the latest one working out well.
Read more...AI Addicts Won’t Make Better Workers
Is the killer app for AI chatbots widespread, productivity-sapping addiction to justify their trillion-dollar investments?
Read more...The Leipzig Incident Has All the Hallmarks of a False Flag Against Russia
Some Europeans seem way too eager to find any excuse to justify militarizing against Russia.
Read more...Artificial Traders in Real Markets
What does more and more deployment mean for the operation of financial markets?
Read more...Iran War: US Lashes Out at Civilian Targets with Iran Claiming US Military Deaths in Disproportionate Retaliation on US Bases; Servicemembers Becoming Demoralized with Lack of Strategy, No-Win Situation
Today’s Iran war news: Iran upped the ante after the US made further strikes despite its eroding military supplies and morale.
Read more...The Macroeconomic Roots of the Collapse of the Political Center in the US
The collapse of America’s political center is the result of an economy that has abandoning ordinary workers for decades.
Read more...Dollar Dominance Eroding Slowly But Surely
The dollar’s role as reserve currency has been eroding gradually. Rash action has accelerated the trend but not as much as you may think.
Read more...
