When Safety Measures Lead to Riskier Behavior by More People
How safety measures can backfire.
Read more...Author Archives: Yves Smith
After Bloody Day, Coronavirus Meltdown Continues. Big Danger: Italian and Eurobanks Are Set To Blow
So many coronavirus panics that a looming risk is getting little notice: implosion of Italy’s banks, a potential Credit Anstalt event.
Read more...Boeing Crashes: $43 Billion in Share Buybacks Turn into Existential Threat
Yves here. When we made grim prognostications about Boeing’s future, we were treated as nuts. By Wolf Richter, editor at Wolf Street. Originally published at Wolf Street Boeing’s shares [BA] came unglued, plunging 18.1% today, after having already plunged over the past four weeks. Since February 12, shares have crashed 46%, and since the peak […]
Read more...Harvard’s “Let Them Eat Veritas”: Richest University’s Poor Students Shafted as School Provides Spotty, Inadequate Help as It Throws Them Out of Dorms and Jobs
Harvard’s appalling response to coronavirus has thrown many low income student under the bus.
Read more...Who’s Responsible? How the “Independent Contractor” Dodge Guts Employment Protections
On establishing legal responsibility for employment in the fissured workplace.
Read more...Links 3/11/2020
Coronavirus: Three Vignettes
Three coronavirus snippets from around the world.
Read more...MMT is a Political Problem: Part 1
How should MMT proponents advance their views?
Read more...Coronavirus Reveals the Cracks in Globalization
Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
Read more...Malnourished Insects: Higher CO2 Levels Make Plants Less Nutritious
How insects show the effects of nutrient dilution.
Read more...As Youth Suicides Climb, Anguished Parents Begin To Speak Out
It’s not just that suicides are rising among teens but that many well-adjusted-seeming kids are killing themselves.
Read more...Oil Price Crash: 50% Of U.S. Shale Could Go Bankrupt
Yesterday’s oil price downdraft, if not meaningfully reversed, will create a world of hurt among US producers, most of all shale gas players.
Read more...Marcie Frost Indictment: Overwhelming Majority of Investment Professionals Would Not Recommend Joining CalPERS
A survey of CalPERS’ investment professionals reveals that CalPERS is one big unhappy family. Not only that, it shows that they’ve become less happy in the last year, since Ben Meng became Chief Investment Officer. We’ve embedded the summary page of the survey, but this section shows that less than 1/4 of CalPERS’ investment professional […]
Read more...Mr. Market Loses It Over Coronavirus Risk: Oil Tanks, S&P Futures Trades Halted on Limit Down Overnight, Gold Jumps
Coronavirus infects Mr. Market.
Read more...‘Internet of Things’ Could Be an Unseen Threat to Elections
How more IoT = more messed up elections
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