Yves here. If possible, this article understates how bad this nuclear submarine deal is for Australia. For instance, the US is making Australia buy three cast-off submarines. And it hopelessly…
Yves here. I’ve ignored all Medicare Advantage pitches because they are too obviously sales-y, as in the slickness and/or the aggressiveness of the marketing makes it a wee bit too…
Yves here. Norfolk Southern got a luck break when the Silvergate liquidation and Silicon Valley Bank shuttering ate the business section headline, so its lame performance before Congress went largely…
Active volcano spotted on Venus. The planet’s not dead yet. Space.com Alligator in the Attic: Building Inspector Shocked to Find 8-ft Beast in Three-Story Home Field & Stream B-a-a-a-a-d Banks…
Typically, financial crises, as in the sort that might or actually do impair the banking system, are the result of leveraged speculation. Is this one of those rare instances when…
Three months after Nigeria’s central bank launched demonetisation, economic conditions continue to deteriorate in the country. Now, one of the country’s leading newspapers is calling for the arrest and prosecution…
Yves here. The seemingly relentless rise of housing costs, and with them, the cost of renting, has become close to a dog-bites-man story. However, as this article underscores, the true…
Yves here. Hoo boy, if any future civilizations deign to study our attempt at one, this sort of thing, an exercise in radical subjectivism. would likely be seen as degenerate…
Yves here. Michael Hudson gives yet another meaty take on the recent spate of bank implosions in the US, with the spectacle of sick man Credit Suisse taking a big…
Yves here. Yours truly was in Sydney in the runup to the Iraq war, where surveys showed 94% opposed to the coming conflict, a level of unanimity unheard of in…