Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted
Keeping tabs on the wobbly state of EU banks.
Read more...Keeping tabs on the wobbly state of EU banks.
Read more...Why the Covid-19 death toll is higher than you might think.
Read more...A careful look at a new set of rescue schemes devised by some Serious Economists. Honestly, even Larry Summers could do better than this.
Read more...An update on getting back to normal (not) in New York City.
Read more...Can a leisurely bankruptcy process help small businesses?
Read more...vid-19 throws a wrench in many of the assumptions underlying existing Green New Deal proposals.
Read more...Yves here. Richard Murphy’s observations about QE hitting its limits are clearly relevant to the US. Sadly, things will have to get worse before ideas like a job guarantee or Green New Deal-type work schemes even get a hearing. By Richard Murphy, a chartered accountant and a political economist. He has been described by the Guardian […]
Read more...Why the Covid-19 bailouts are coming at a high social cost.
Read more...A restaurant case study.
Read more...A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.
Read more...Why the economy is still mighty sick and won’t get much better any time soon.
Read more...No, collateralized loan obligations are not about to wipe out banks, and Frank Partnoy should have focused on real risks, like destruction of productive capacity.
Read more...Covid-19 rescues will reshape the economy, as we see in the US, with fat cats getting fatter. Will other countires make sounder choices?
Read more...A recap of why restaurants will have a tough time regaining their footing.
Read more...Ars Technica clutches pearls at poll showing decline in those willing to download privacy-infringing app to stymie spread of COVID-19.
Read more...