As the Colorado River Slowly Dries Up, States Angle for Influence Over Future Water Rights
The wrangling over who gets what out of the Colorado Rivers is one of many escalating fights over ever more scarce water.
Read more...Author Archives: Yves Smith
‘Disaster in the Making’: Trump to Open 401(k)s to Crypto, Private Equity Vultures
“Stuffing private equity, crypto…. into 401(k)s is about propping up scams and bailing out an industry that’s run out of buyers”
Read more...The China Shock Hits Germany
How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.
Read more...Questioning the Corporation
A review of the development and current undue power of corporations provides insightful history but goes off the rails on some current issues.
Read more...Federal Reserve, Using Non-Compliant Accounting, Hides Over $100 Billion a Year of Losses and Resulting Negative Equity, Due to Illegal Bank Subsidies
A former Fed economist explains in detail how the central bank has been using dodgy accounting to hide losses from impermissible subsidies
Read more...Satyajit Das: Book Essay – Understanding Iran
A look at modern Iran’s grand strategy and the danger of continued Western underestimation.
Read more...How States Are Placing Restrictions on AI in the Absence of Strong Federal Regulation
Yves here. On the one hand, it is gratifying to see that some curbs are being put on AI, even if in a piecemeal fashion by states. Restrictions on AI use in medicine, for instance, will tend to have broader impact since most providers are national and will find it too costly to run a […]
Read more...Stagflation Watch for the US Economy as a Whole
Upgrading a US recession watch for the US to a stagflation watch due to inflation even as ISM indexes signal current contraction
Read more...Links 8/6/2025
Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South
If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?
Read more...The “Trump Bridge” Could Lead To Russia’s Expulsion From the South Caucasus
Is Trump about to achieve a big win in Russia’s back yard?
Read more...Food Rescue Grows in Response to Federal Funding Cuts
Food rescue, charities that use excess from wholesalers, provide free groceries to those in need as Federal programs cut support.
Read more...Links 8/5/2025
Trump Threatens India With Secondary Sanctions Over Russian Oil Purchases. What Next?
Trump’s attempt to bully India into dropping Russian oil buys is not succeeding. What happens now?
Read more...Economists Wake Up to West’s Trade and Technology Dependence on China
Useful data on and discussion of China’s dominance of inputs and technologies essential to the West.
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