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...Author Archives: Yves Smith
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.
Read more...The EU’s Green Deal: Bismarck’s ‘What Is Possible’ versus Thunberg’s ‘What Is Imperative’ in the Age of Covid-19
A detailed look at the Green Deal: bold goals, with a shortage of money, transition plans, and social democracy.
Read more...The Coronavirus Depression Requires A New Approach to Budgeting
Coronavirus spending illustrates the foolishness of legislators believing their own numbers.
Read more...Informal Workers in the Time of Coronavirus
Not surprisingly, people who don’t have regular jobs will be very hard hit by the coronavirus crisis. And there are a lot of them.
Read more...Coronavirus: More Wheels Coming Off
Some scattered but nevertheless telling signs of coronavirus impact.
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