So many coronavirus panics that a looming risk is getting little notice: implosion of Italy’s banks, a potential Credit Anstalt event.
Saturday, October 5, 2024
Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat
Yves here. When we made grim prognostications about Boeing’s future, we were treated as nuts. By Wolf Richter, editor at Wolf Street. Originally published at Wolf Street Boeing’s shares [BA] came unglued, plunging 18.1% today, after having already plunged over the past four weeks. Since February 12, shares have crashed 46%, and since the peak […]
Harvard’s “Let Them Eat Veritas”: Richest University’s Poor Students Shafted as School Provides Spotty, Inadequate Help as It Throws Them Out of Dorms and Jobs
Harvard’s appalling response to coronavirus has thrown many low income student under the bus.
2:00PM Water Cooler 3/11/2020
Today’s Water Cooler: Man, I hate writing these summaries, and Google hates us, so they don’t help with hits anyhow. I should think of something else to do with this space that adds real value.
Who’s Responsible? How the “Independent Contractor” Dodge Guts Employment Protections
On establishing legal responsibility for employment in the fissured workplace.
Coronavirus: Three Vignettes
Three coronavirus snippets from around the world.
MMT is a Political Problem: Part 1
How should MMT proponents advance their views?
Coronavirus Reveals the Cracks in Globalization
Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
2:00PM Water Cooler 3/10/2020
By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune “They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord Key dates coming fast now, so I […]
Malnourished Insects: Higher CO2 Levels Make Plants Less Nutritious
How insects show the effects of nutrient dilution.
As Youth Suicides Climb, Anguished Parents Begin To Speak Out
It’s not just that suicides are rising among teens but that many well-adjusted-seeming kids are killing themselves.
Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt
Yesterday’s oil price downdraft, if not meaningfully reversed, will create a world of hurt among US producers, most of all shale gas players.
