Yves Smith
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🌐 nakedcapitalism.comSource
Nosebleed tanker rates have led to lower premiums and even discounts for US and African oil shipments.
🌐 nakedcapitalism.comSource
Europe's subservience to the US, particularly in energy, is self-destructive yet also deeply embedded.
🌐 nakedcapitalism.comSource
The record spending in Michigan to thwart Abdul El-Sayed's Senate bid is proof o the depth of fear of left wing messaging and policies.
🌐 nakedcapitalism.comSource
Our risky daily links: Pink dolphins, heat storms, tanker count check, moar French protests, UK food worries, US water woes, Spotify yanks AI slop, F-35 double down, trapped billionaires? EU incoherence on Russia, Trump expat regrets,
🌐 nakedcapitalism.comSource
India's "cockroach" party continues to gain influence as it identifies and combats shortcomings in democratic practice.
🌐 nakedcapitalism.comSource
Neoliberalism, or more accurately, the inequality it was designed to create, has generated major backlash. But will positive change follow?
🌐 nakedcapitalism.comSource
Banks worry that AI agents are going rogue inside customer accounts.
🌐 nakedcapitalism.comSource
Today's Iran war news: Markets go wobbly as the date for loudly-signaled US/Israel attacks on Iran nears.
🌐 nakedcapitalism.comSource
Health insurance cost in the US continue to rise to the sky. Guess what? AI is a big driver.
🌐 nakedcapitalism.comSource
The media is speaking with almost one voice to enforce the neoliberal order: ordinary citizens must submit to the needs of the investor class