Yves Smith @yvessmith Twitter profile

Last Seen Profiles

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@vixiole

Yves Smith

@yvessmith

5 years

Warren has no clue. You are twice as likely to become a billionaire by being an asset manager than by being in tech. And that's before getting to inherited wealth like the Walton heirs.

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@yvessmith

3 years

From an MD: We just got a COVID test unit in my office. $18000. A similar unit for the flu test is $1700. Test kits for COVID are $1000 for 25. Test kits for flu are $1000 for 300. No gouging there. All on the up & up. This is truly one of the biggest grifts in our history

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Yves Smith

@yvessmith

8 years

We demand a retraction and an apology from the Washington Post

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Yves Smith

@yvessmith

8 years

We sent a demand letter and litigation hold to PropOrNot

We Demand That PropOrNot Remove Its Blacklist, Report, and Browser Tool Defaming Naked Capitalism...

Our lawyer has some stern words with PropOrNot.

www.nakedcapitalism.com

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Yves Smith

@yvessmith

1 year

The Increasing Number of Trial Balloons for Polish Intervention in Ukraine

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Yves Smith

@yvessmith

1 year

Seymour Hersh: Navy Divers + Spooks + Norway Took Out Nordstream 2 on Biden’s Orders, Using Timer

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Yves Smith

@yvessmith

9 months

Western Propaganda Gets More Desperate as World Majority Sides with China and Russia Against the US over Gaza

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Yves Smith

@yvessmith

3 years

The Bizarre Civil War-Stoking Impulses of the Professional-Managerial Class in the US

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Yves Smith

@yvessmith

4 years

Mortgage Delinquencies Jump by Most Ever. 60-Day Delinquencies Hit Highest Level Ever. Record 16% of FHA Mortgages Delinquent. What a Mess

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Yves Smith

@yvessmith

4 years

Just voted in AL. Photographed by a stringer out of Atlanta while wearing my Sanders sweatshirt pushing the wheelchair for my 92 year old lifelong Republican mother who also voted for Sanders. Go Republicans for Sanders!

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Yves Smith

@yvessmith

8 years

Brought to you by Blackstone: Hillary's plan to enrich private equity and hedgies. Next act: gutting Social Security

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Yves Smith

@yvessmith

6 years

Economists’ Dubious Relationship with Trade Policy: Comparative Advantage is a System that Works for the Wealthy

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Yves Smith

@yvessmith

4 years

We have from two sources that CalPERS CIO Ben Meng has submitted his resignation, presumably due to:

CalPERS Chief Investment Officer Ben Meng Made False, Felonious Financial Disclosure Report; More...

CIO Ben Meng demonstrates why CalPERS can't be trusted....even as the giant pension is pushing legislation to be able to make loans in secret.

www.nakedcapitalism.com

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Yves Smith

@yvessmith

4 years

Sanders is attempting a hostile takeover of the Democratic party. They just deployed their most serious firepower to dent his momentum. But the cost of Buttigieg and Klobuchar out of the running is a clearer path for Sanders in the Rust Belt. This isn't over....

jeremy scahill

@jeremyscahill

4 years

The corporate media & establishment panic over Sanders created a myth that pretends tonight was some epic defeat for Sanders. In reality, he is fighting very powerful political & economic forces and insidious smears and propaganda. This is a close race. Keep all this in context.

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Yves Smith

@yvessmith

3 years

Fact-Checking is Dead, Killed by Snopes over Biden’s Broken Promise of $2,000 Checks

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Yves Smith

@yvessmith

10 years

Iceland: Bankers Convicted, Unemployment Down: Iceland demonstrates that prosecuting banksters does not hurt, ... http://t.co/E6nCjY8Bs8

Iceland: Bankers Convicted, Unemployment Down | naked capitalism

Iceland demonstrates that prosecuting banksters does not hurt, and likely aids in real economy recovery from a financial crisis.

www.nakedcapitalism.com

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Yves Smith

@yvessmith

1 year

How Did the German Greens Become the Party of Warmongers?

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Yves Smith

@yvessmith

2 years

“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls

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Yves Smith

@yvessmith

10 months

Rob Urie: Americans Are Unleashing Monsters They Have No Idea How to Contain

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Yves Smith

@yvessmith

5 months

That bizarre speech she gave in Kiev at night in a puffy coat with no crowd and lousy lighting was a sign her power was greatly diminished. But this was way sooner than I expected.

Victoria Nuland, third-highest ranking US diplomat and critic of Russia's war in Ukraine, retiring

The third-highest ranking U.S. diplomat and frequent target of criticism for her hawkish views on Russia and its actions in Ukraine will be leaving her post.

apnews.com

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Yves Smith

@yvessmith

5 years

Wowsers, now Twitter putting its finger on the dial, big time. #WomenforBernie was on the "trending" list 45 mins ago, >500K tweets. Now gone, and nothing on display is >100K. Scum.

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Yves Smith

@yvessmith

1 year

The War on Terror’s Lingering Pain

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Yves Smith

@yvessmith

4 years

Pelosi Removes Katie Porter… Bringing Joy & Gratitude To Every Crooked Bankster On Wall Street

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Yves Smith

@yvessmith

4 years

Mnuchin way behind the curve in predicting 20% unemployment. Worst case scenario even more dire.

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Yves Smith

@yvessmith

2 years

@zerohedge You reproducing our clearly copyrighted post without permission. This is theft. I thought you libertarians believed in property rights. Take it down immediately.

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Yves Smith

@yvessmith

8 years

The Clinton System: a New York Review of Books must read on Clinton corruption.

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Yves Smith

@yvessmith

6 years

Capital’s Share of Income Is Way Higher than You Think

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Yves Smith

@yvessmith

8 years

Paul Krugman Crosses the Line: Krugman is increasingly discrediting himself as a commentator on economics.

Paul Krugman Crosses the Line | naked capitalism

Krugman is increasingly discrediting himself as a commentator on economics.

www.nakedcapitalism.com

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Yves Smith

@yvessmith

2 years

Not to toot our horn, but we saw it coming, in fact we started blogging precisely because we saw it coming. So did Steve Keen who had no prior history as a prognosticator. Gillian Tett too, see her Jan 2007 columns in particular.

Rohan Grey

@rohangrey

2 years

Krugman, today: "Essentially nobody saw the 2008 financial meltdown coming (other than people who predicted many other crises that didn’t happen)" Krugman (&Galbraith), 2009: Incredible how he's memory-holing his own position!

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Yves Smith

@yvessmith

4 years

In a Slap in the Face to Progressives, Biden Appoints Larry Summers, a “Literal Architect of Neoliberalism,” to Economic Advisory Role

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Yves Smith

@yvessmith

6 years

Everything You Thought You Knew About Western Civilization Is Wrong: A Review of Michael Hudson’s New Book, And Forgive Them Their Debts

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Yves Smith

@yvessmith

2 years

German General Tells US Generals to Lose the Ukraine War as Soon as Possible to Prevent Losing the Empire in Europe

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Yves Smith

@yvessmith

4 years

Yes, I have now gotten three corrupt government officials fired. And you?

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Yves Smith

@yvessmith

6 years

Gotta love how relentless Sirota is.

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Yves Smith

@yvessmith

4 years

Links 8/30/2020

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Yves Smith

@yvessmith

1 year

Why Do Mainstream Democrats Hate Matt Taibbi?

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Yves Smith

@yvessmith

7 years

Another Way the Rich Preserve Their Advantage: Grade Inflation in Private Schools

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Yves Smith

@yvessmith

4 years

The War Nerd: How Many Dead Yemeni Nobodies Does It Take to Equal 1 Wapo Contributor?

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Yves Smith

@yvessmith

7 years

Why Extreme Inequality Causes Economic Collapse

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@yvessmith

7 years

Mark Ames: Kathy Lally Was Caught Trying To Censor Journalism In Russia and Now Deceitfully Claims She’s a Victim

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Yves Smith

@yvessmith

6 years

Mark Ames: ShamiWitness: When Bellingcat and Neocons Collaborated With The Most Influential ISIS Propagandist On Twitter

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Yves Smith

@yvessmith

8 years

We sent a demand letter & litigation hold to @selfagency , developer of B.S. Detector, which defames Naked Capitalism

We Demand That the Developer of "Fake News" Blacklist Software B.S. Detector Cease Distribution and...

Our lawyer has some stern words with Daniel Sieradski, the developer of the blacklist software program, B.S. Detector.

www.nakedcapitalism.com

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Yves Smith

@yvessmith

5 years

I am so so sorry. This is a disgrace that makes me ashamed to live in this country.

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Yves Smith

@yvessmith

4 years

Subprime Auto Loans Explode, “Serious Delinquencies” Spike to Record. But There’s No Jobs Crisis, These Are the Good Times

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Yves Smith

@yvessmith

4 years

I must confess to not having been cynical enough to suspect this:

Trump has a 'small personal financial interest' in hydroxycholorquine drugmaker. Allies have bigger...

theweek.com

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Yves Smith

@yvessmith

4 years

Nice work. This is the sort of chicanery you see all the time in finance when no one is paying close attention.

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Yves Smith

@yvessmith

10 years

Why Piketty is s Defender of Neoclassical Economics and an Enemy of Egalitarianism: Yanis Varoufakis, in an in... http://t.co/DQof2x3Jr5

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Yves Smith

@yvessmith

8 years

Hillary beware: Wisconsin primaries have picked eventual Presidential winners 94% of time in modern primary era

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Yves Smith

@yvessmith

4 years

Remember when the cops turned their backs on Mayor De Blasio? The message was clear: they are not accountable to civilians, they are an independent power and in charge.

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Yves Smith

@yvessmith

7 years

Don’t Side With Neoliberalism in Opposing Trump

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Yves Smith

@yvessmith

8 years

Debbie Wasserman-Schultz resigned, an admission that she and the DNC were sabotaging Bernie. Next, get Tim Canova in her seat.

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Yves Smith

@yvessmith

7 years

In Praise of Public Libraries

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Yves Smith

@yvessmith

4 years

Foreign Affairs Runs Propaganda from Swedish Employers on Sweden’s Covid-19 Fiasco, Failing to Disclose Sponsorship and Misrepresenting Results

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Yves Smith

@yvessmith

7 years

Looks like New Yorker got Ichan's scalp. He left the Administration just before this piece was released

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Yves Smith

@yvessmith

4 years

Don't assume Bloomberg's $500 million in ad spend was a total waste. His withdrawal and endorsement of Biden puts Bloomberg first in line to be Treasury Secretary in a Biden cabinet.

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Yves Smith

@yvessmith

6 years

New York Attorney General Eric Schneiderman Resigns Due to Sexual Assault Allegations, After Getting Away With Selling Out Homeowners

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Yves Smith

@yvessmith

4 years

Might help if you bothered getting up to speed before piling on. Greenwald's contract specified no editing save for legal liability concerns, and none of the editors' e-mails made any noises like that.

Doug Henwood

@DougHenwood

4 years

Yes @ggreenwald has done some excellent work, but being edited is different from being censored. If you feel otherwise, stick to blogging.

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Yves Smith

@yvessmith

5 years

Congrats. This is the first coherent explanation I've seen of what happened, when there has been way too much speculation and random facts.

Nathan Tankus

@NathanTankus

5 years

There was obviously a ton of discussion of liquidity this week after repo rates rose a lot and the Fed conducted the first large scale repurchase agreements since the Great Financial Crisis. To explain what’s happening, we need to properly discuss Basel 3. THREAD 1/N

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Yves Smith

@yvessmith

3 years

Microbiology prof: "It is complete and utter bullshit that, India, Indonesia, Singapore, Argentina, Chile, Brazil, South Africa, Canada, Australia, Japan, Korea, China, New Zealand, Mexico, Pakistan, Bangladesh, & Cuba cannot manufacture these vaccines."

Factory Owners Around the World Stand Ready to Manufacture Covid-19 Vaccines

Bill Gates said he doesn’t think the recipe for the Covid vaccine should be shared. But drugmakers are eager to retrofit their facilities and get to work.

theintercept.com

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Yves Smith

@yvessmith

4 months

Yanis Varoufakis: My Berlin Speech on Palestine That German Police Entered the Venue to Ban

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Yves Smith

@yvessmith

4 months

Some things speak for themselves: Zelenskyy Acquires Highgrove House, Former Residence of King Charles for £20Million

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Yves Smith

@yvessmith

4 years

I don't mean to sound harsh, but this looks like proof of living in a top 10% bubble. I'm no Brexit fan, but on the eve of the vote, those types were confident Brexit would lose by 6 points.

Ben White

@EconomyBen

4 years

Pretty much every person I cover and talk to and email and text with day to day think it’s impossible Bernie can win. Maybe they are just massively wrong. I honestly don’t know.

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Yves Smith

@yvessmith

8 years

This is not hard to understand: Wall Street would not be giving to Clinton over time if they not were getting value for their money.

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Yves Smith

@yvessmith

7 years

Single Payer on The March

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Yves Smith

@yvessmith

2 years

Reflections on Graeber and Wengrow’s ‘Dawn of Everything’

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Yves Smith

@yvessmith

3 years

The War Nerd: Taiwan — The Thucydides Trapper Who Cried Woof

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Yves Smith

@yvessmith

9 years

Michael Pettis: Syriza and the French Indemnity of 1871-73: Get a cup of coffee. This is a fabulous, readable ... http://t.co/mgXcLauieZ

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Yves Smith

@yvessmith

7 years

Persuasion: An Introduction

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Yves Smith

@yvessmith

8 years

Tell @WashingtonPost @craigtimberg Smearing is not reporting. Please sign this petition.

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Yves Smith

@yvessmith

7 years

Lee Camp: How To Write Propaganda For The NY Times – As Demonstrated In An Article About Me

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@yvessmith

4 months

Young People Finally Starting to Recognize the Super Rich and Not Oldsters Are the Problem

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Yves Smith

@yvessmith

3 years

Is Dr. Fauci Trying to Steal the Credit for All the Vaccines Delivered by Operation Warp Speed?

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Yves Smith

@yvessmith

3 years

Why George W. Bush Was a Horrible President

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@yvessmith

3 years

The War Nerd: The Tigray-Ethiopia War

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Yves Smith

@yvessmith

4 years

Sanders has his stent at age 77. That means his ticker is better than Bloomberg's and AMLO's, the president of Mexico, who got their stents at younger ages.

Matt Stoller

@matthewstoller

4 years

Bernie is old and had a heart attack, and there are no records to release that can mitigate this. It's just a downside to Bernie. I would prefer a younger left populist but Dem leaders spent 30 years destroying them all. I had hoped Warren would make a good case, but she didn't.

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Yves Smith

@yvessmith

6 years

Astonishing to see some defending those who make more than $10 million a year, when they are overwhelmingly partners in private equity firms or hedge funds, and public company CEOs. Men (all men back then) were willing to be CEOs when the top marginal rate was 70%.

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@yvessmith

5 years

Does Japan Do MMT?

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Yves Smith

@yvessmith

3 years

As US Prepares to Ban Ivermectin for Covid-19, More Countries in Asia Begin Using It

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@yvessmith

1 year

Is Switzerland About to Become First Country to Outlaw a Cashless Society?

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Yves Smith

@yvessmith

6 years

Kid glove treatment: Elizabeth Holmes ought to be in jail. Instead, she gets a measly $500K fine and a 10-year ban on serving as an officer or director of a public co. So she can go to another unicorn!

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Yves Smith

@yvessmith

8 years

At least Marshal Pétain had the grace and good sense to recognize that he and his class had failed, unlike the whinging Dem hackocracy.

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Yves Smith

@yvessmith

4 years

Sanders polls ahead of Biden among blacks nationally. Living now in the South, and having lived in NY, and grown up in the Rust Belt in manufacturing towns since gutted, the cultural differences are massive. Generalize at your own peril.

Stanley Cohen

@StanleyCohenLaw

4 years

Wake up call 4 sanders. Two primaries in a row where the Black vote rejected you. Biden is passing you tonight in total popular vote to date. He may pass you on delegates. The massive increase you predicted would flock to you ain't happening. Don't get cranky or nasty. Get smart.

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Yves Smith

@yvessmith

7 years

Data Scientist Cathy O’Neil: “Algorithms Are Opinions Embedded in Code”

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Yves Smith

@yvessmith

4 years

Two million view in what, two days? People are hungry for real change and will no longer settle for less.

David Marcus

@davidimarcus

4 years

It is hard to overstate the power of this @KillerMike speech: it widens the scope and imperative of solidarity, it articulates a theory of change, and it clarifies the urgency

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Yves Smith

@yvessmith

6 years

Poor Peoples Campaign Protests All Over US Ignored by Media

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Yves Smith

@yvessmith

6 years

The Microeconomics of Christmas

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Yves Smith

@yvessmith

8 years

Now we know Clinton's price: $13 million from health care industry bought her reversal on Medicare for All

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Yves Smith

@yvessmith

6 years

MIT Study: Median Uber and Lyft Profits Less Than Half Minimum Wage; 30% of Drivers Lose Money

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@yvessmith

4 years

The War Nerd: Gray Wolves — The Fascists Nobody Wants To Talk About

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Yves Smith

@yvessmith

5 months

Google Demands That We Censor Our Content

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@yvessmith

1 year

The EU’s Mass Censorship Regime Is Almost Fully Operational. Will It Go Global?

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Yves Smith

@yvessmith

5 years

Yes, this tactic is called "When did you stop beating your wife?" Needs to be called out. #WomenforBernie

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@yvessmith

4 years

CalPERS Chief Investment Officer Ben Meng Resigns Following Our Exposing His False, Felonious Financial Disclosure Filings and Private Equity Conflicts of Interest

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Yves Smith

@yvessmith

7 years

Rex Tillerson Backs Aggressive Policy in Disputed South China Sea as Exxon, Russia Eye Region’s Oil and Gas

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Yves Smith

@yvessmith

7 years

Debunking the Myth of “Free Speech”

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Yves Smith

@yvessmith

5 years

Totally discredits Warren. More proof she is way over her head in foreign affairs.

Mike Prysner

@MikePrysner

5 years

Bullshit bad statement that begins by trumpeting the Trump/Pentagon rationale for the assassination. Absolute garbage at the worst time possible.

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Yves Smith

@yvessmith

7 years

Americans Tolerate Inequality Because They Over-Estimate Their Odds of Coming Out on Top

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Yves Smith

@yvessmith

4 years

And Obama had campaigned on "Hope and Change" while Biden promised nothing would change. So the bar is officially lower.

Joshua Frank

@joshua__frank

4 years

Sorry, but we've been down this road before. Obama had both Houses of Congress in '09. He killed 20+ civilians in a drone strike days after taking office. He failed to help 9.3 million in foreclosure. He opened up offshore drilling. The point? Trusting Dems is a dangerous gambit.

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Yves Smith

@yvessmith

5 years

CEO Compensation Increased 940% Between 1978 and 2018, Workers’ Only by 12%

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