Recent Items
Saturday, January 11, 2025
Links 1/11/2025
Topics: Links
Posted by Yves Smith at 6:55 am | 62 Comments »
Weaponizing the US Dollar. Can It Work?
Michael Hudson refines and extends recent discussions on the future of the dollar, particularly under Trump, and finance-dominated capitalism
Topics: Currencies, Economic fundamentals, Europe, Free markets and their discontents, Globalization, Guest Post, Payment system, Politics, Russia, The dismal science
Posted by Yves Smith at 6:54 am | 8 Comments »
Meet the Cats Who Roam Rikers Island
Even cats in a prison setting find human servants!
Topics: Curiousities, Guest Post, Politics
Posted by Yves Smith at 6:02 am | 2 Comments »
2:00PM Water Cooler 1/10/2025
~ Today’s Water Cooler: Politics, Syndemics; New Covid data, Covid and mortality; LA Fires: misinformation; SEIU joins AFL-CIO ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 94 Comments »
“In 2025, States Will Flip the Script on Taxes to Make the Wealthy Pay Their Fair Share”
State-level activists have been building coalitions to implement higher and more extensive taxes on the wealthy. What are their prospects?
Topics: Guest Post, Income disparity, Legal, Politics, Private equity, Taxes, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 36 Comments »
Links 1/10/2025
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 172 Comments »
Where is Guaidó 2.0?
While the old Guaidó lives it up in Florida, at somebody’s apparent expense, the new Guaidó, Edmundo González Urritia, appears to be going nowhere.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 16 Comments »
Polish Foreign Minister Worries that Musk Will Successfully Undermine Ruling Liberal Party in Upcoming Elections; Is Another Romania-Style Election Nullification Possible?
Will Musk’s taste for a US favorite, regime change, include 2025 Polish elections? If so, will the answer be Romania-style extreme measures?
Topics: Banana republic, Europe, Guest Post, Legal, Media watch, Politics
Posted by Yves Smith at 5:58 am | 8 Comments »
UK Economy Falters as Pound Sterling Continues to Slide
Sustained neoliberalism is exacting a toll on the UK via currency wobbles and reluctance to raise rates in the face of budget pressures.
Topics: Currencies, Economic fundamentals, Globalization, Macroeconomic policy, Politics, The dismal science, UK
Posted by Yves Smith at 5:56 am | 49 Comments »
2:00PM Water Cooler 1/9/2025
By Lambert Strether of Corrente. Patient readers, I am now going to take a nap. Enjoy! Bird Song of the Day Brown Thrasher, Theodore Roosevelt National Park – Upper Talkington Trail, Billings, North Dakota, United States. * * * In Case You Might Miss… Trump’s pivotto the Northern Hemisphere. LA Palisades Fire: This is fine. […]
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 72 Comments »
Beware the Faux Populism of Corporate Democrats
Why the working class needs to make a hostile takeover of the Democrats.
Topics: Globalization, Guest Post, Income disparity, Politics, Social values, The destruction of the middle class
Posted by Yves Smith at 10:04 am | 55 Comments »
Links 1/9/2025
Topics: Links
Posted by Lambert Strether at 6:58 am | 242 Comments »
This Week’s Unholy Mix of Drought, Wind, and Fire in Southern California: A Warning of an Accelerating Insurance Crisis in Climate-Risk Areas?
More and more homeowners are understandably worried about what insurance increases might look like in the face of intensifying climate risks.
Topics: Banking industry, Doomsday scenarios, Environment, Global warming, Guest Post, Politics, Real estate, Regulations and regulators
Posted by Yves Smith at 6:52 am | 50 Comments »
Yanis Varoufakis: What to Watch Out for in the Unfolding Palestinian Genocide
Yanis Varoufakis contends that even though Israel’s genocide in Gaza looks unstoppable, that the costs to Israel will keep rising.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Middle East, Moral hazard, Politics, Social values
Posted by Yves Smith at 6:34 am | 33 Comments »
Americans’ Rage at Insurers Goes Beyond Health Coverage – The Author of ‘Delay, Deny, Defend’ Points to 3 Reforms that Could Help
On the prevalence of claims processing fraud by insurers and what if anything can be done about it.
Topics: Free markets and their discontents, Guest Post, Health care, Legal, Politics, Regulations and regulators
Posted by Yves Smith at 6:03 am | 27 Comments »