Households and businesses are overloaded with debt. Richard Vague offers a set of proposals for how to restructure it.
Recent Items
Monday, November 24, 2025
It’s Time for a Debt “Jubilee”
Topics: Banking industry, Credit cards, Credit markets, Economic fundamentals, Guest Post, Income disparity, Legal, Pandemic, Student loans, The destruction of the middle class
Posted by Yves Smith at 5:59 am | 59 Comments »
2:00PM Water Cooler 9/17/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 190 Comments »
How NAFTA Lost Democrats the South
How the New Democrats’ trade deals fractured the multi-racial coalition that Martin Luther King had helped forge in the South.
Topics: Free markets and their discontents, Globalization, Guest Post, Income disparity, Politics, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 36 Comments »
Links 9/17/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 152 Comments »
Telemedicine Tales
An MD who has supported telemedicine discusses some pitfalls in the Covid-era implementations.
Topics: Guest Post
Posted by Yves Smith at 4:42 am | 24 Comments »
Journey into a Libertarian Future: Part V – Dark Realities
A libertarian perspective on nobility, democracy, and lobbying.
Topics: Corporate governance, Free markets and their discontents, Guest Post, Income disparity, Politics, Social values, UK
Posted by Yves Smith at 2:37 am | 15 Comments »
Thousands of New York ‘Long Haulers’ Struggle with COVID-19 Months After Diagnosis
Some doctors estimate that there are as many as 70,000 “long Covid” patients in New York alone.
Topics: Guest Post, Health care, Pandemic
Posted by Yves Smith at 12:46 am | 23 Comments »
2:00PM Water Cooler 9/16/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 166 Comments »
Demonizing Socialism and “Macroeconomic Populism”: Myths of Soft Budget Constraints
Some econmists have criticized industrial policy as zombie-crearting “macroeconomic populism.” Evidence indicates otherwise.
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, The dismal science
Posted by Yves Smith at 9:55 am | 17 Comments »
Links 9/16/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 203 Comments »
Brexit: Snake Eyes
Boris Johnson is pressing his Brexit luck, which wasn’t looking all that hot.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Europe, Legal, Politics, UK
Posted by Yves Smith at 6:11 am | 164 Comments »
Isolation, Addiction, and Drug Use in the Covid-19 Moment
Covid is rough on pretty much everyone, but those with drug or other substance abuse issues are really on the ropes.
Topics: Guest Post, Health care, Income disparity, India, Pandemic, Social values
Posted by Yves Smith at 1:41 am | 16 Comments »
Trump’s Eviction Moratorium Opens the Door for Medicare for All by Executive Order
Since Covid-19 will be with us till at least the end oe 2021 (and I suspect longer), it opens the path for emergency Medicare for All.
Topics: Free markets and their discontents, Guest Post, Health care, Legal, Pandemic, Politics, Regulations and regulators
Posted by Yves Smith at 12:06 am | 65 Comments »
2:00PM Water Cooler 9/15/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 181 Comments »
Political HHS Appointees Demand Authority to Rewrite CDC Reports
Trump partisans and the ongoing war against the CDC; seeking authority to amend Mortality and Morbidity Weekly Reports.
Topics: Banana republic, Doomsday scenarios, Guest Post, Pandemic, Politics, Regulations and regulators, Science and the scientific method
Posted by Jerri-Lynn Scofield at 9:55 am | 15 Comments »


