Author Archives: Yves Smith
Covid-19: Where From? Why Now?
Examining theories about Covid-19 that blame its start on farming. But which kind of farming?
Read more...The FT Says It’s Time for the Bank of England to Start Direct Funding of the Government: Modern Monetary Theory Has Won the Day
Modern Monetary Theory has a new convert. Too bad Americans are behind the curve.
Read more...Cancer Patients Face Treatment Delays And Uncertainty As Coronavirus Cripples Hospitals
Coronavirus creates a terrible bind for cancer patients and their doctors.
Read more...Coronavirus: A Theory of Incompetence
Coronavirus has shredded the last vestiges of the belief that America was well run. How did we get here?
Read more...AirBnB Has Been Rocked by COVID-19. Do We Really Want To See It Recover?
AirBnB is a flagrant rule-breaking disruptor. Is it worth it to try to bring it to heel now, or is it beyond redemption?
Read more...Links 4/4/2020
Services Sector Falls Off Cliff: First Data Points from the Eurozone Where Lockdowns Started Earlier
Early data from Europe says the damage to the services sector is as deep as many feared, and bodes ill for the US, with its poor and sluggish economic responses.
Read more...What Wall Street Doesn’t Want You to Know About Hospital Emergency Rooms
A coronavirus whistleblower winds up also exposing that private equity has too much say in running emergency rooms.
Read more...The New Inequalities and People-to-People Social Protection
Yves here. On the one hand, this post contains many examples of how people with resources are assisting those hit hard by the coronavirus crisis. On the other, it is also all too apparent that in most cases, these charitable acts only make a dent in the problems most face, although admittedly shows of concern […]
Read more...The Coronavirus Pandemic Has Opened the Curtains on the World’s Next Economic Model
COVID-19 has exposed flaws in the global supply chain economic model; advances in technology have rendered it obsolete.
Read more...Coronavirus, Control, Irritability, and Guilt
A coronavirus confessional of sorts.
Read more...Key Official Missing in Action: North Carolina Treasurer, Sole Fiduciary of Its Pension, Has Covid-19 but State Refuses to Say More
Key public officials are abusing their position if they keep the severity of their Covid-19 illness under wraps.
Read more...Links 4/2/2020
Why Can’t Everyone in This Country Get Free COVID-19 Treatment?
The US is well into the Covid-19 crisis, yet most citizens are at risk of big bills if they seek testing and care.
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