Category Archives: Doomsday scenarios

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.

Covid-19 Bankruptcies Bleeding Out Jobs, Economic Capacity

Covid-19 bankrupties show how the disease is draining the economy.

Federal Judge Nixes Part of Glyphosate Settlement That Would Allow a Panel of Scientific “Experts”, Rather Than Juries, to Decide Whether the Chemical is Carcinogenic for Future Claims

Judge skeptical over Bayer’s proposal to replace a jury decision on whether glyphosate causes cancer with that of a scientific panel.

With Covid-19 Deaths on the Rise, Hardest-Hit States Report Hospitals are Near Capacity Following Early Reopenings

COVID-19 deaths spike and hospitals run out of beds as many states reap the consequences of poor pandemic management and reopening too early.

Unemployment Claims Hit New Record: 32.9 Million State & Federal. Week 16 of U.S. Labor Market Collapse

The latest unemployment data calls into question the notion that anything more than a techical recovery is underway.