Another sign that America has gone banana republic: Brady Bonds, used in the Latin American debt crisis, would be suitable medicine for our corporate debt hangover.
Read more...The U.S. shale oil industry had considerable problems before Saudi Arabia and Russia launched their oil price war. What comes next?
Read more...Granting “orphan” drug status to Gilead Sciences for remdesivir, its potential coronavirus treatment, is a massive boon to the company.
Read more...If the public is to be asked to give bailouts to businesses, it should get something back for its money. It needs to share in any upside.
Read more...Republicans have tabled a corporate bailout plan to calm markets. Can Bernie Sanders and others redirect the stimulus to reflate the economy?
Read more...The bailout bill looks shameless, even by Trump Administration standards.
Read more...Coronavirus-generated suspensions of testing throws a monkey wrench into the charter school agenda.
Read more...The IMF dons its enforcement brass knuckles.
Read more...Voter disenfranchisement via shuttering polling sites.
Read more...Germany’s long-standing practice of muscling the European Union to serve its own ends now risks dissolution and a banking system crisis.
Read more...Boris Johnson fancies that the UK’s future lies with the US. Good luck with that.
Read more...Yves here. The admission that the US, even if it had coronavirus test results, lacked the institutional capacity to do contact tracing, is a stunner. Gee, we supposedly live in a world of AI and big data, but our Silicon Valley gearheads can’t come close to what China has done? But we can find the […]
Read more...On establishing legal responsibility for employment in the fissured workplace.
Read more...Coronavirus risks a series of shortages that can be mitigated only by bringing some production back home.
Read more...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 […]
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