Summary:
Yves Smith looks around corners before the rest of us get there. She was premature on the financial crisis in 2006, on mortgage-backed securities/Magnetar, on the foreclosure fraud crisis, on the Eurozone, on the failure of Syriza, on private equity, and on the “crapification” of American corporations.She’s early, she’s right, and she’s clear. But in D.C., where I live and work, she’s anything but celebrated. In fact, as we’ve seen, people like Yves, and many of you, are attacked and demeaned for telling the truth.In the case of Naked Capitalism, the problem is increasingly Google and Facebook undermining web traffic and killing advertising revenue. When society becomes a game of getting to the top by shooting the messenger, what happens is… the Boeing 737 Max.By reading this, you are
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Yves Smith looks around corners before the rest of us get there. She was premature on the financial crisis in 2006, on mortgage-backed securities/Magnetar, on the foreclosure fraud crisis, on the Eurozone, on the failure of Syriza, on private equity, and on the “crapification” of American corporations.She’s early, she’s right, and she’s clear. But in D.C., where I live and work, she’s anything but celebrated. In fact, as we’ve seen, people like Yves, and many of you, are attacked and demeaned for telling the truth.In the case of Naked Capitalism, the problem is increasingly Google and Facebook undermining web traffic and killing advertising revenue. When society becomes a game of getting to the top by shooting the messenger, what happens is… the Boeing 737 Max.By reading this, you are
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it
Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister
New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice
Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.
Yves Smith looks around corners before the rest of us get there. She was premature on the financial crisis in 2006, on mortgage-backed securities/Magnetar, on the foreclosure fraud crisis, on the Eurozone, on the failure of Syriza, on private equity, and on the “crapification” of American corporations.Naked Capitalism
She’s early, she’s right, and she’s clear. But in D.C., where I live and work, she’s anything but celebrated. In fact, as we’ve seen, people like Yves, and many of you, are attacked and demeaned for telling the truth.
In the case of Naked Capitalism, the problem is increasingly Google and Facebook undermining web traffic and killing advertising revenue. When society becomes a game of getting to the top by shooting the messenger, what happens is… the Boeing 737 Max.
By reading this, you are saying that you choose to spend your time and your mind on things that matter, as opposed to the nonsense and bullshit that exists in so much of our world. We have to support our own. And that means throwing some coin to Yves and her crew of merry truth-tellers: Lambert and Jerri-Lynn. Remember, guest contributors like Hubert Horan with his series on Uber’s financial snake oil come here because readers like you are here. You can donate here....
Matt Stoller: The Great Turn Is Beginning
Matt Stoller