Fearless commentary on finance, economics, politics and power

~ Today’s Water Cooler ~

Why rationing might be part of the future.

An important new paper puts another big chink in private equity’s armor.

Whether by accident or design, the implosion of China’s Evergrande will take some air out of its inflated real estate sector. What then?

~ Today’s Water Cooler ~

Chinese authorities implement massive crackdown on liquidity-driven inflows into the housing sector.

Trying to clear up the rear-view-mirror takes on OccupyWallStreet, ten years later.

Yves here. If humans are fortunate enough merely to suffer a Jackpot rather than a full-bore collapse, perhaps future historians will try to make sense of why individuals and governments did pretty much squat to prevent climate change even when they recognized it really was well underway and would produce very bad outcomes. I imagine […]

Coral reefs worldwide are facing impacts from climate change, overfishing, habitat destruction, and pollution.

FIFA has floated a proposal to hold the football World Cup every two years rather than every four. Will the overall effect be a positive one for Fifa’s income?

Conversation.
The latest supply forecast for Covax – the programme for sharing COVID-19 vaccines around the world – suggests that accelerating vaccination in low-income countries looks unlikely.