The rapid spread of coronavirus in Italy has finally focused Mr. Market’s mind, as well as that of officials in Europe.
Recent Items
Friday, October 4, 2024
Coronavirus: Panic Starting
Topics: China, Doomsday scenarios, Economic fundamentals, Europe, Globalization, Health care, Science and the scientific method
Posted by Yves Smith at 3:48 am | 243 Comments »
Andrew Bacevich: Pseudo-Events as a New Normal
Are pseudo-events the bread and circuses of the Information Age?
Topics: Banana republic, Guest Post, Media watch, Politics
Posted by Yves Smith at 2:04 am | 30 Comments »
Links 2/23/2020
Topics: Guest Post, Legal
Posted by Jerri-Lynn Scofield at 6:55 am | 492 Comments »
Legacy Admissions: Johns Hopkins Drops Preferences, Other Institutions Consider Changes
Johns Hopkins announces it’s eliminated legacy admissions, sparking a wider debate. Will other institutions follow?
Topics: Guest Post, Income disparity, Ridiculously obvious scams, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 5:55 am | 18 Comments »
Wolf Richter: Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak, as Other Consumers Relish the Good Times. Why?
The concern is not for banks or investors in subprime-credit-card backed securities. But what does this bifurcation tell us about consumers?
Topics: Banana republic, Banking industry, Credit cards, Credit markets, Income disparity, The destruction of the middle class
Posted by Jerri-Lynn Scofield at 3:25 am | 19 Comments »
Links 2/22/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 581 Comments »
Taxcast: Financial Secrecy Index: Who Are the World’s Worst Offenders?
Taxcast – the Tax Justice Network’s monthly podcast: 30 minutes of unmissable corruption, scandal and analysis you won’t hear anywhere else.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Ridiculously obvious scams, Taxes
Posted by Yves Smith at 4:25 am | 4 Comments »
Freedom from Fossil Fuels is Good for Your Health
Ending our reliance on fossil fuels is not only good for the planet and future generations. It also saves lives here and now, not just in the far future.
Topics: Environment, Global warming, Guest Post, Health care, Social values
Posted by Yves Smith at 4:13 am | 13 Comments »
2:00PM Water Cooler 2/21/2020
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 Key dates coming fast now, so I added some counters: Here is a second counter for the Nevada […]
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 307 Comments »
How To Roast the Planet with Good Intentions: The Climate Equity Act
A new bill illustrates how not to tackle climate change.
Topics: Banana republic, Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post, Legal, Politics
Posted by Yves Smith at 9:55 am | 21 Comments »
Links 2/21/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 245 Comments »
Private Equity’s War to Preserve Surprise Billing
Sadly, private equity has beaten back legislation to curb surprise biling.
Topics: Banana republic, Free markets and their discontents, Health care, Politics, Private equity, Ridiculously obvious scams
Posted by Yves Smith at 5:34 am | 62 Comments »
Coronavirus: Go Forth and Multiply
An ugly take on the coronavirus.
Topics: China, Doomsday scenarios, Dubious statistics, Globalization, Guest Post, Health care, Japan
Posted by Yves Smith at 4:37 am | 118 Comments »
Why No Retired Generals Oppose America’s Forever Wars
How generals promote top-level groupthink.
Topics: Banana republic, Corporate governance, Guest Post, Ridiculously obvious scams, Social values
Posted by Yves Smith at 12:40 am | 46 Comments »
2:00PM Water Cooler 2/20/2020
Today’s Water Cooler: SC and FL polling, Bloomberg, Sanders, Warren, NV, debate hot takes, impeachment, AOC, employment, leading indicators, manufacturing, virtual meetings, fecal matter in TX and NC, Medicaid, economic statistics, homelessness, Internet of Sh*t
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 333 Comments »