US Fails Miserably in Efforts to Isolate Russia | naked capitalism
By Conor Gallagher “If Russia does not end this war and get out of Ukraine, it will be isolated on a small island with a bunch of sub countries and…
James Galbraith: The Quasi-Inflation of 2021-2022 – A Case of Bad Analysis and Worse Response | naked capitalism
Yves here. Galbraith reviews conventional pictures of inflation, the profile of our current episode, and how it clear did not result from Covid “stimulus” related spending. This piece does a…
Employment of “People with a Disability” Spiked to Record in Hot Labor Market. Applications for Disability Benefits Fell to 20-Year Low | naked capitalism
Yves here. Covid’s impact on the labor market (early retirements, avoidance of certain workplaces, long Covid) has had an upside: giving people with disabilities jobs. Despite the fact employers are…
A Big Reckoning Starting for Private Equity and Its Public Pension Fund Enthusiasts | naked capitalism
The long-standing myth of super-duper private equity returns is meeting the cold ugly reality of unfinessable lousy returns. That’s what happens when an industry dependent on long term falling interest…
An Old, Small Opening Salvo v Russia? 2013 Bank Bail-In “increasingly has the smell of a proxy Germany v. Russia struggle through Cyprus” | naked capitalism
Your humble blogger took a gander through NC archives, to see if her recollection that the cramdown of Cyprus depositors to bail out its banking system, a measure never before…
Companies in UK Are Hitting the Wall at Fastest Rate Since Global Financial Crisis | naked capitalism
As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses. Business insolvencies in the UK surged by 57%…
How Corporations Hope to Eviscerate Workers’ Right to Strike | naked capitalism
Yves here. This post highlights a Supreme Court case that could substantially weaken laborers’ ability to strike to force management concessions by making them liable for strike costs, or more…
US Inflation Policies Slowing World Economy | naked capitalism
Yves here. This post is a reminder of a long standing issue: that is a system of international investment, with US Treasury bills and bonds still treated as the foundational,…
2:00PM Water Cooler 2/2/2023 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day Spectacled Finch, Nar Gali, North-West Frontier, Pakistan. Got some points knocked off by purists for the highway noise, but what…
Links 2/2/2023 | naked capitalism
Monogamous Prairie Voles Reveal the Neurobiology of Love Scientific American. Please don’t tell the marketing department. The Fed will be in the thick of the debt limit mess Axios The…