Category: Economy

A series of quarterly earnings reports is showing that even Silicon Valley’s most powerful companies are feeling the impact of inflation and rising interest rates.

Yves here. In this second part of his series on the world implications for the end of the US empire, which it is managing to accelerate with its Russian sanctions…

Forgive me for working through a not-fully-formed idea that hopefully is not half baked, that the current sanctions war has put the West in the bizarre position of implementing reverse…

Yves here. While Adam McKay and Tom Neuburger have a strong case that the Chevron ad they lambaste amounts to extreme and offensive psychological greenwashing (associating the oil major with…

Political issues like abortion, the economy and high inflation are motivating hundreds of Virginia voters each day to cast their ballots in person, by mail, and even curbside at early…

Yves here. Richard Murphy presents a devastating list of the problems facing the UK, how difficult it will be to address them, why the Bank of England is going down…

Yves here. Gee, the normally upbeat IEA is rattled by all of the energy market anomalies. Notice the remarkable lack of agency! The words “Russia” and “sanctions” appear nowhere in…

Yves here. This essay does a fine job of describing and kneecapping the sense of privilege and entitlement of the professional managerial class, based on a recent book by Professor…

Yves here. Please welcome seasoned finance and economics practitioner and commentator Satyajit Das, who is provided a three-part series on how major world geopolitical and economic structures are fragmenting as…

Yves here. While this analysis is helpful and I assume directionally correct, it appears to omit a key source of energy loss of renewables: that of storage costs, as in…