Michael Olenick: How Biden Could Tackle the Student Loan Crisis
Biden could resort to a simple bankruptcy fix for the student loan mess. But would he?
Read more...Author Archives: Yves Smith
The Mnuchin-Powell Affair Over the Fed’s “Special Purpose Vehicles” in Dollars & Effects
The Treasury and Fed set up junk-buying SPV programs The unwind is oddly controversial given that they never should have been created.
Read more...Links 11/21/2020
Reply from Authors of “To Save the Economy, Save People First” Regarding “Lockdowns Work”
More on lockdowns as a core response to community spread of Covid-19.
Read more...Don’t Depend on Wall Street for Renewable Energy Investment
Why Big Finance is part of the energy problem, not the solution.
Read more...The Impact of the New Asian Trade Mega-Deal on the European Union
Even though the econnomic impact ot the new Asian trade pact seems limited, Europeans see it as a geopolitical Big Deal.
Read more...To Save the Economy, Save People First: Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement
Evidence on what it would take to beat Covid: lockdowns, mask mandates with teeth, tons of testing and lots of economic support.
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Read more...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
Read more...A Letter from Nanea to Yves Smith About CalPERS’ Strange $1.5 Billion Deal with LongRange Capital
CalPERS defied its board by staking a startup fund with a cool $1.5 billion without approval. And on top of that, the deal looks lame.
Read more...Links 11/14/2020
Why 2020 Was the ‘Precarity Election’
In 2020, both parties ignored rising precarity, which is why the country remains a house divided against itself.
Read more...How Biden Can Protect Workers on Day 1
By using the Occupational Safety and Health Administration, Biden could improve worker safety during the pandemic without Congress’s help.
Read more...2020 “Globie”: The Carry Trade
A recent book focuse on the role of the carry trade in increasing financialization and instabilty.
Read more...The Liberals’ New Passion for Snobbery and Censorship: An Interview + Review of The War on Populism and Trumpocalypse by C.J. Hopkins
Playwright and critic C.J. Hopkins was early to document the liberal embrace of intensified propaganda in the US.
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