Author Archives: Yves Smith
Because Culture Matters, There Is No One-Size-Fits-All Exit Strategy from Covid-19 Lockdowns
Quelle surprise! Local norms play a meaningful role in Covid-19 transmission, which has implications for how to end lockdowns.
Read more...Coronavirus Dashboard: Updating the State Petri Dishes of Democracy
Parsing some US coronavirus data.
Read more...Wall Street’s Useful Idiot: Financial Times Shills for CLOs….as Fed Hasn’t Bailed Them Out
A major story on the CLOs chooses not to address the key questions.
Read more...Reminder: When the Very Very Rich Are Done With Us, They Plan to Leave Us Behind
More evidence, as if you needed it, that the super rich are not your friends.
Read more...Reopening Isn’t Reopening—It’s Cutting Off Unemployment
In case you wondered why conservative states are all gung ho about reopening….
Read more...Public Pension Plans in a World of Hurt; Even Loyalists Warning of Grim Prospects
Not surprisingly, public pension fund economics look pretty sick.
Read more...Congress and Corporations Join Forces To Crush American Small Business
Funny how that small business bailout worked…..
Read more...Is EIA Data Disguising A Disastrous Decline In U.S. Shale?
Tallying some of the recent shale production cuts.
Read more...The Wealth Effects of Bailouts: A Quantitative Assessment
Once again, income earned by the many is used to save the wealth of the few.
Read more...Foreign Affairs Runs Propaganda from Swedish Employers on Sweden’s Covid-19 Fiasco, Failing to Disclose Sponsorship and Misrepresenting Results
Foreign Affairs runs “dangerous to your health” propaganda from the Sweden without informing its readers.
Read more...A Way To Make COVID-19 College Furloughs More Fair
Looking at how to cope with the college and university funding crisis.
Read more...Testing and the State Petri Dishes of Democracy
Looking at state (non) progress on Covid-19.
Read more...US Commercial Real Estate Prices Plunged in April, Mall Prices Collapsed
Looking at the bloodbath in commercial real estate…..and worse is almost certainly in store.
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