Author: Yves Smith

Daily Links

Links 11/22/16

New Onslaught Of Airstrikes In Aleppo Hit World-Famous Cat Sanctuary Huffington Post. Cyndy: “This one is breaking my heart, airstrikes hit Aleppo Cat Sanctuary. I learned of this news today from a Facebook page dedicated to Alaa Aljaleel, The Cat Man of Aleppo – and his mission of love and […]

Daily Links

Links 11/21/16

Police Officer On LSD Attempts To Save Anti-Masturbation Dolphin Mascot From Imaginary Fire CNN. I know this is supposedly a family blog, but the headline is epic. Naturally, it was our Master of the Anti-Antidote, Richard Smith, who is responsible for this find. And yes, this is from a satire […]

Politics

Economists and Trump: Straight Talk on Trade

By Dani Rodrik, Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University. Originally published at Project Syndicate Are economists partly responsible for Donald Trump’s shocking victory in the US presidential election? Even if they may not have stopped Trump, economists would […]

Politics

Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties

Yves here. As regular readers may recall, the European Union’s Bank Recovery and Resolution Directive came into effect in January 2016. Experts deemed it to be disastrously flawed. For instance, it failed to create an EU-wide deposit guarantee scheme, and relies on often-undercapitalized national programs. And rather than have national […]