Yesterday Mr. Market got word that yet another bank had gone wobbly, shortly after the Fed announced it was putting through another interest rate increase and only considering pausing next…
Dawn Anchor, who runs a pub in the village of Kings Worthy, about 60 miles southwest of London, has everything she needs: reams of red, white and blue bunting, mini…
Yves here. Many economists and investors contend that the 14th Amendment prohibits the Federal Government from defaulting involuntarily. Below are some recent articles that take that view: The Constitutional Case…
Yves here. While this post’s conclusions look correct, it’s important to recognize that the reduction in gasoline purchases is due primarily to the fact that work at home has, for…
Yves here. I’m not sure what to make of this article. It’s not so much that it seems overtly wrong but wrong by virtue of a lot of omission, particularly…
Turkish President Recep Tayyip Erdogan, still very much alive, is making up ground quickly in the polls ahead of the May 14 elections. Back in early March, Erdogan was running…
Yves here. It is frustrating to see an article give a good statement of a problem and then not understand what a solution would entail. The authorities in the US…
Yves here. This post focuses on an important aspect of Naked Capitalism Covid coverage, that it has harmed lower income groups the most, in both health and income terms. Liz…
Yves here. I’m running this story because serious flood damage is in more of our futures than we want to contemplate. Having said that, I’m not surprised a story like…
Let’s play out commonly-held views among non-mainstream, close watchers/commentators on the Ukraine conflict. Keep in mind they are increasingly confirmed by the orthodox press (see Ukraine Isn’t Ready For Its…