Author Archives: Yves Smith

John Helmer: Putin Hits Pause Button on Oreshnik-Level Retaliation for Ukraine Strike on Russian Nuclear Deterrence Assets

In his latest talk with Ray McGovern on Dialogue Works, John Helmer gives far and away the best overview1 so far in the wake of Ukraine attacks on bridges and civilian trains, drone attacks targeting bombers in Russia’s nuclear deterrence forces, a failed new attack on Kerch Bridge, and phone discussions between Lavrov and Rubio […]

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Tariff Turmoil and the Money Markets: Yet Another Rescue Coming

In Treasury markets, there are no libertarians, only grateful recipients of single-payer insurance for ailing financiers.

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