Saturday, November 22, 2025
Wolf Richter: No Payment, No Problem: In Rosy World of Forbearance, Official Delinquencies Plunge, Credit Scores of Delinquent Borrowers Jump
Forbearance granted as a result of the panedemic is confusing credit scoring algos, so the scores of borrowers are all over the place.
Peat: Superhero of the Biosphere, in Need of Global Protection (and Yours)
Drained peatlands and peat fires emit around 10% of our greenhouse gas emissions from agriculture, land-use change and forestry, yet there seems to be little effort to prevent this.
2:00PM Water Cooler 11/18/2020
~ Today’s Water Cooler ~
Boeing 737 MAX Cleared to Fly Again, Amidst Plummeting Demand for Air Travel and Aircraft as a Result of COVID-19
FAA clears Boeing 737 MAX to fly again today, but the COVID-19 pandemic has decimated air travel and the demand for new aircraft.
Government-Funded Scientists Laid the Groundwork for Billion-Dollar Vaccines
Muxh of the initial funding for COVID-19 vaccines originally arose from federally-funded research. Socialize costs, privatize profits.
The Other America: The New Politics of the Poor in Joe Biden’s (and Mitch McConnell’s) USA
Where there remains a sleeping giant of poor and low-income people yet to be pulled into political action.
“Super Emitters”: 1% of World’s Population Causes Half of Global Aircraft Emissions
COVID-19 provides a chance to reassess our relationship with flying, a major source of global emissions.
2:00PM Water Cooler 11/17/2020
~ Today’s Water Cooler ~
How Mitch McConnell Flouts the Will of the American People
The odious Mitch McConnell bears much respomsimility for the flawed U.S. COVID1-19 response, as well as the inadeuate stmulus.
Nick Corbishley: Bankruptcy Looms As Cash-Starved UK Local Councils’ High-Risk Real Estate Bets Sour
UK councils were already in trouble due to austerity, inflated charges for services, and mismanagement. Covid is set to generate bankruptcies
COVID-19 Compounding Inequalities
The COVID-19 crisis may worsen inequality and push more than 70 million people into extreme poverty, according to the United Nations.
2:00PM Water Cooler 11/16/2020
By Lambert Strether of Corrente. Patient readers, I got wrapped around the axle with a technical issue. More from the Augean stables soon. –lambert UPDATE All done1 Bird Song of the Day #COVID19 At reader request, I’ve added this daily chart from 91-DIVOC. The data is the Johns Hopkins CSSE data. Here is the site. […]
