Triggering a Global Financial Crisis: Covid-19 as the Last Straw
An ambitious deleveraging plan as a Covid-19 response.
Read more...Category Archives: Doomsday scenarios
Coronavirus Means Zero Hour for the European Union
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...Why Sanctions Against Iran and Venezuela During a Pandemic Are Cruel
A moral and practical case against continuing economic sanctions during the coronavirus pandemic.
Read more...Social Insurance in a Time of Pandemic: A Proposal for the Government to Act as Buyer of Last Resort
It’s not hard operationally for the government to counter economic fallout from the pandemic. The hard part is ideological baggage.
Read more...The Fed Backfires: Shock and Awe Rate Drop to 0%, Emergency Bond Buying Program Leads to Limit Down Drops in US Equity Futures as Real World Coronavirus Damage Worsens
The Fed just told everyone to assume the brace position.
Read more...Coronavirus Testing Shortages Force Extreme Shift In Strategy By Local Health Officials
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...How the COVID-19 Shock Is Different
Looking at COIVD-19 impacts.
Read more...COVID-19 Math Explained, With Data
Looking at COVID-19 R0s.
Read more...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...Malnourished Insects: Higher CO2 Levels Make Plants Less Nutritious
How insects show the effects of nutrient dilution.
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...A Tale of Two Cities: How Hong Kong Has Controlled its Coronavirus Outbreak, While New York City Scrambles
Discussion with Dr. Sarah Borwein, a Canadian doctor practicing medicine in Hong Kong, on that city’s management of the coronavirus crisis.
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...Right to Repair: Will the European Commission Have the Guts to Stand Up to Apple et al? Details on Wednesday…
European Commission to decide Wednesday whether to adopt a right to repair for smartphones as part of its Circular Economy Action Plan, to match what already exists for household appliances.
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