Quelle surprise! Regimes facing elections often goose their economies, leading to currency appreciation pre-vote and devaluations afterwards.
Recent Items
Monday, May 13, 2024
Elections and Devaluations
Topics: Currencies, Economic fundamentals, Federal Reserve, Free markets and their discontents, Globalization, Guest Post, Politics
Posted by Yves Smith at 5:15 am | No Comments »
In the Race for Space Metals, Companies Hope to Cash In
Mining asteroids could, in theory, reduce the burden on Earth’s resources. What could go wrong?
Topics: Energy markets, Environment, Guest Post, Regulations and regulators, Science and the scientific method, Technology and innovation
Posted by Conor Gallagher at 5:00 am | 1 Comment »
Links 5/12/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 179 Comments »
“Living in Netanyahu’s America” – In More Ways Than One
The economic components that have served as the dehumanizing foundation to Israel’s current “plausible” genocide share many similarities with poor Americans and migrant laborers who are treated as disposable in the US.
Topics: Corporate governance, Guest Post, Investment management, Middle East, Politics, Social policy, Social values, Surveillance state, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 67 Comments »
Their First Baby Came With Medical Debt. These Illinois Parents Won’t Have Another.
For millions of new parents, medical debt is now as much a hallmark of having children as long nights and dirty diapers.
Topics: Guest Post, Health care, Social policy, Social values, The destruction of the middle class
Posted by Conor Gallagher at 4:00 am | 39 Comments »
Links 5/11/2024
Topics: Links
Posted by Yves Smith at 6:59 am | 208 Comments »
‘Unhinged’ Israeli Ambassador Literally Shreds UN Charter Ahead of Successful Vote Urging Security Council to Reconsider Palestine Membership
Israel has yet another childish temper tantrum over the prospect of not getting its way, here over Palestine membership advancing in the UN.
Topics: Banana republic, Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 6:56 am | 132 Comments »
Nuclear Energy: The New Geopolitical Battleground
The Collective West scrambles to replace Russia as a source of nuclear fuel and services.
Topics: China, Commodities, Energy markets, Guest Post, Politics, Russia
Posted by Yves Smith at 6:40 am | 16 Comments »
2:00PM Water Cooler 5/10/2024
~ Today’s Water Cooler: Politics, pandemics: (1) New swing state polling, Hillary Clinton on the ignorance of youth, Trump will love jail, potential nasal spray, and you’ll never guess from whom. ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 89 Comments »
Work Longer, Die Sooner! America’s Dire Need to Expand Social Security and Medicare
Experts describe how requiring U.S. seniors to work in their old age often threatens their health and well-being.
Topics: Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 34 Comments »
Links 5/10/2024
Topics: Links
Posted by Lambert Strether at 6:58 am | 179 Comments »
World’s Oldest Central Bank Keeps Sounding Alarm on Fragility of Cashless Economies. Are Other Central Banks Listening?
At a time when the dominant narrative around cash is that its demise is all but inevitable, as well as broadly desirable, the 2024 payment report by Sweden’s Riksbank may offer a cautionary tale.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 56 Comments »
What Is Critical Global Geopolitics?
How the fall of the USSR reshaped thinking in the discipline of geopolitics.
Topics: Globalization, Guest Post, Politics, Russia, Social values
Posted by Yves Smith at 5:26 am | 13 Comments »
Michael Hudson: Parallels Between Archaic Entrepots and Modern Offshore Banking Centers
There is perilous little that is novel in modern finance. Our offshore, as in tax havens, have analogues in the ancient world.
Topics: Banking industry, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Regulations and regulators
Posted by Yves Smith at 3:27 am | 11 Comments »
2:00PM Water Cooler 5/9/2024
~ Today’s Water Cooler: Politics, pandemics , Antisemitism Awareness Act, Trump’s Bragg trial, the perfect cheese sauce ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 72 Comments »