Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
Read more...Author Archives: Yves Smith
Judge Slams Apollo for Making Investors Pay for Partner’s Bogus Personal Expenses; Clueless SEC Missed the Abuse, Maybe Because Paul Weiss Misled Them
A federal judge blasts Apollo for making bogus charges to its investors and by implication, law firm Paul Weiss, for whitewashing the abuse.
Read more...Business and Related Restrictions Appear to Curb COVID-19 Fatality Growth, But Some Do Not
An examination of particularly Covid-containment strategies in terms of cost versus effectiveness.
Read more...Links 12/5/2020
Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Read more...The Jobs Report is a Mess, December Will Be Messier
The Nov. 14 cut-off kept most of the Covid spike impact from the jobs data. And there’s underying decay due to globalization.
Read more...Green Growth vs Degrowth: Are We Missing the Point?
A broad discussion of the climate change growth versus degrowth debate and how to move forward despite those differences.
Read more...Links 12/4/2020
Women and the Middle-Aged Taking Brunt of Covid Employment Losses
While the Covid employment picture has unquestionably improved, don’t kid yourself into thinking that it is good.
Read more...Brexit: Stumbling
More Brexit posturing, but also some hardening of positions when both sides would need to give to get a deal.
Read more...NYC Landlords Suing Pandemic-Slammed Small Businesses by the Hundreds for Missed Rent
Pandemic-starved businesses are facing off against landlords who want rent paid. New York City illustrates some of the legal and practical issues.
Read more...Capitalist Systems and Income Inequality
Focusing on class produces a new taxonomy of capitalist countries.
Read more...Links 12/3/2020
Brexit: The Barnier Cliff
December 31 is a Barnier deadline too.
Read more...As Hospitals Fill With COVID Patients, Medical Reinforcements Are Hard to Find
Yves here. It’s only early December and doctors and nurses are already exhausted. The grim figures in this article are already dated; Covid hospitalization just hit a new high of 100,000 in the US. How are hospitals going to keep their troops from falling over? The earliest time when conditions might be better than now […]
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