Author Archives: Yves Smith
Yanis Varoufakis: Who Needs Marx in 2025?
To free ourselves from our technofeudal overlords, we must think like Karl Marx.
Read more...Dutch Industry Buckles Under Energy Transition and Global Pressure
High energy costs in Europe, largely due to sanctions against Russia, has spread the gangrene of de-industrialization to the Netherlands
Read more...Insurers Dump Catastrophe Risk of Climate Change and Earthquake to Chump Bond Investors. What Could Go Wrong?
Garden variety investors, including retail, are signing up to insure climate change and other disaster risk via catastrophe bonds.
Read more...Links 7/15/2025
U.S. Political System Is Bought, Not Broken. A New Party Won’t Fix the Basic Problem.
Real reform in American politics won’t come new parties — but from breaking investors’ grip and rebuilding power from the ground up.
Read more...Message to Trump: Incompetence Is Not Virtue. Also, People Will Die
The main and possibly only qualification for Trump’s top appointees is the ability to tell blatant lies with a straight face.
Read more...Possible Kraft Heinz Breakup: A Buffett Investment Failure, Thanks to Healthier Tastes Among the Better Off and Need for Better Bargains for the Rest
A badly under-perfoming merger, Kraft and Heinz, is set to be reversed. Did that deal undermine the giants adapting to changing tastes?
Read more...“Europe Won’t Need Russian Gas in the Future”
Europe celebrates its economic suicide by continuing down the path of achieving independence from cheap Russian gas.
Read more...Links 7/12/2025
Stop Israel’s Dystopian “New Improved” Concentration Camp Plan—Before It’s Too Late
Israel keeping finding new lows in depraved behavior. Now we have Israel trying to brand a concentration camp as a “humanitarian city”.
Read more...Satyajit Das: On Cinema – Francis Ford Coppola’s Operas & Chamber Pieces
A break from our regular programming in the form of revisiting some of Francis Ford Coppola’s classics.
Read more...Billionaires Flail About Trying to Beat Mamdani; Wall Street Journal Describes Shambolic Plan to Spend $20 Million
What fun! Billionaires running around all hair on fire over their inabilty to do much to check Mamdani.
Read more...That $20 Dress Direct from China Now Costs $30 After Trump Closed a Tariff Loophole – and the US Will Soon End the ‘De Minimis’ Exemption for the Rest of the World, too
How the Trump tariff attack on low-value shipments from Hong Kong and China (and soon elsewhere) is yet another tax on the poor.
Read more...Food Giants Graded a “D” on Sustainable Farming Practices
More fiddling as the planet burns and soil quality degrades, as big agricultural buyers give lip service to regenerative farming.
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