Category Archives: Doomsday scenarios

How Mitch McConnell’s Hostility to the Unemployment Supplement Puts Ordinary Americans’ Welfare at Risk

Republicans intend to shoot themselves and the economy in the head out of ideological rigidity by killing the unemployment supplement.

Random Testing in Indiana Shows COVID-19 is 6 Times Deadlier Than Flu, and 2.8% of the State Has Been Infected

Sobering data from the first random statewide Covid-19 survey.

Recovery of Collapsed Airline Traffic in the US Backtracks

Traffiic data confirmed warnings by United and Delta of re-declining ticket sales, seinding airline shares down 3.7% intraday.

As Covid-19 Patients Skew Younger, Tracing Task Seems All But Impossible

Why Covid-19 infecting younger people is making disease contaiment harder.

Covid-19 Economic Realities Sinking in as Denialism Wanes, Desperation Rises

Putting some ugly Covid-19 facts together.

While EU Leaders Squabble, The Elephant in the Room Remains Unnoticed

Why the EU Covid-19 rescue program is destined to be a sick joke.

Introducing An Economic Program for American Democracy

A 1938 economic manifesto makes modern day schemes look inadequate and unimaginative.

The European Union’s Fateful Choices for Recovery – An Italian Perspective

To fight COVID-19, the European Union must recognize that spending restraints have to go.

COVID-19 Mistakes to Avoid: Don’t Mix Up Prophylaxis and Cure

Big Pharma is promoting untested proprietary vaccines and therapies and giving short shrift to repurposing cheaper generic alternatives.

Coronavirus Shows the Dangers of Letting Market Forces Govern Health and Social Care

The coronavirus crisis showcases the folly of letting the market determine health and social care: high time for governments to listen,

COVID-19 Mistakes to Avoid: Don’t Conflate Contact Tracing with Contact Tracing By App

Big Tech and Big Pharma each has a dog in the COVID-19 fight and wish to replace what has worked before and is working now with technofixes.

Save the Tiger, Shift to other Big Cats: Illegal Wildlife Trafficking and the Rise in Zoonotic Diseases

Second UN Office on Drugs and Crime World Wildife Crime Report connects illegal wildlife trade to increase in zoonotic diseases.

Financialization: Tackling the Other Virus

The COVID-19 pandemic provides an opportunity to tackle another virus that has spread throughout the world since the 1970s: financialization.

Wolf Richter: The Great American Shale Oil & Gas Massacre: Bankruptcies, Defaulted Debts, Worthless Shares, Collapsed Prices of Oil & Gas

The day of reckoning has arrived in oil and gas. A record number of companies have filed for bankruptcy. with the epicenter in Texas.