Author Archives: Yves Smith
Powell Tap Dances on Interest Rate Outlook as Stagflation Starts to Kick In
Powell threw Mr. Market and Trump a bone by hinting the Fed might cut rates in Sept. But the Fed lacks good options with stagflation looming
Read more...Looking Back at the Positions on South African Apartheid Taken by Ambitious Democrats
Over time, Democrats came to support the end to South Africa’s apartheid, whch makes the cowardice over Gaza genocide even more deplorable
Read more...Neoliberalism Is Not a Viable Option
How neoliberalism contributes to the growth of fascism.
Read more...Our Coming Arab Springs?
Resource stresses are rising in many parts of the world. How long before we see political ruptures, including on a Arab Spring level?
Read more...Lessons from China: Industrial Policy Works Even After Retaliation
A new study finds that industrial policy pays off, even after factoring in the cost of retaliation. So when will neoliberals wise up?
Read more...Asking the Wrong Questions About Antidepressants
A new “reassuring” study about withdrawal from antidepressants shows how blinkered the thinking around this type of medication is.
Read more...Has Extreme Poverty Really Plunged Since the 1980s? New Analysis Suggests Not
A new analysis challenges the widely-held view that extreme poverty has fallen sharply, and finds a big reversal due to neoliberal “reforms”
Read more...The Core Problem of Economic Inequality: How Much Is Too Much?
Experts accept that economic ineqality is inevitable. But how does one determine acceptable/producitve levels versus destabilitzing ones?
Read more...New Senate Report Details How Private Equity ‘Devastates’ Hospital Systems
A new report detials the impact of hospital system looting by private equity, here executed by Leonard Greene at Prospect Medical Holdings.
Read more...Autism Fabulist RFK, Jr. Shuts Down Research Into Possible Environmental Causes Even as He Escalated Broad-Based Attack Against Vaccines.
More on RFK, Jr.’s hypocrisy.
Read more...Links 8/20/2025
Tucker Slams Predatory Buy Now, Pay Later Loans as the Economist Celebrates This New Debt Slavery Device
A relatively new financial product, buy now pay later loans, is deepening the misery of already over-extended Americans, especially Gen Z
Read more...On Ukrainian Identity: Ukraine as a Buffer Zone
On the long process of Urkaine national identify formation and why, even with that, Ukraine was relatively late to become a state.
Read more...Data Centers Consume Massive Amounts of Water – Companies Rarely Tell the Public Exactly How Much
Data centers, with AI driving insatiable needs, not only hoover up tons of power but water as well. And water is already a contested resource
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