Yearly Archives: 2020

Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF

A discussion of the state of capitailsm, with a European/Lebanase slant.

New Investment Gimmickry: Covid-19 Bonds

Covid-19 has engendered investment grifting.

We Won’t Have a Truly Global Economy Until We Tax It That Way

Tax is an enormously powerful tool for shaping economic policy and thus bears close watching.

2:00PM Water Cooler 6/29/2020

~ Today’s Water Cooler ~

WSJ Says Banks Can’t Determine Who Is Credit-Worthy: More COVID-19 Fallout

WSJ says banks can no longer determine who is credit-worthy using existing models – more COVID-19 fallout, this of uncertain magnitude.

Links 6/29/2020

Global Covid-19 Cases Top 10 Million As HHS Secretary Warns ‘Window is Closing’ to Get Disease Back Under Control in US

HHS Secretary Alex Azar concedes the US may have lost control of the COVID-19 pandemic after a surge in cases.

Wall Street Journal’s Apologia for Private Equity Letting Companies Go Bust

The Wall Street Journal unwittingy defends private equity destructiveness.

Pentagon Porks Up as Covid-19 Bleeds Economy

Quelle surprise! Pentagon grifting continues apace, even in the face of a full-bore domestic crisis.

Waste Watch: Plastic Free July in the Age of COVID-19

As COVID-19 swamps the world, other problems remain. Commit to a plastic free July and mitigate the world’s plastic problem.

Links 6/28/2020

Coronavirus: Asymptomatic People Can Still Develop Lung Damage

For those who remain to be convinced: COVID-19 is not the ‘flu. Physician discusses lung damage in asymptomatic patients.

Links 6/27/2020

Michael Hudson on Coronavirus and Debt Winners and Losers

Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.