Category Archives: Doomsday scenarios

Max Blumenthal and Ben Norton With Michael Hudson: US Coronavirus “Bailout” Is a $6 Trillion Scam

Michael Hudson explians why the coronavirus bailouts are even more of a gimmie to the rich than they look.

Coronavirus-Induced Food Supply Disruptions Hitting Farmers, Poor Consumers

Food scarcity is already starting to bite in the US and is likely to become a serious problem in much of the world.

Coronavirus Pandemic is Paving the Way for an Increase in Superbugs

The coronavirus crisis will exacerbate an existing threat to healthcare systems, around the world: the problem of antibiotic resistance.

Inequality and the Coronavirus: Destroying American Society From the Top Down

Coronavirus is exposing the severity of inequality in the US, particulary limited access to health care and the health costs of poverty.

The Coronavirus New Normal Has Only Started To Arrive

Why we aren’t even at the end of the beginning of coronavirus-induced change.

The Worst Is Yet To Come for Oil Prices

Collaping oil prices demonstrate the severity of the fall in real economy activity.

‘Incrementalism Is Not Helpful in This Moment’: Ocasio-Cortez Rejects Settling for Crumbs in Next Covid-19 Stimulus

Alexandria Ocasio-Cortez says the U.S. cannot afford another incremental stmulus bill that shovels massive bailouts to big businesses alone.

Tend Your Own Garden: Personal Food Security During the Age of COVID-19

Worries about food security have led me to send vegetable plants to Mom and a sister; this is a good year to plant a victory garden.

How COVID-19 Showed America’s Dependence on Blue-Collar Workers

The outbreak of “hero” talk is a long-overdue admission that blue-collar workers are the backbone of the US economy. Time to pay them more.

Taleb Questions CalPERS Ben Meng’s Competence and Honesty in Defending Missed $1 Billion Hedge Gain; Taleb Estimates CalPERS Net Loss on Meng’s “Alternative Mitigation” Over Two Years at $19 Billion

Nassim Nicholas Taleb calls out one of CalPERS CIO Ben Meng’s Big Lies, and unearths an even bigger one.

DemocracyWatch: Global Pandemic Power Grabs

Yet another pandemic downside….

Lockdown Rebelliousness: Denying that Coronavirus Is in Charge

The supposed irresistable force of the economy is losing out to the immovable object of the coronavirus.

Taleb: The Only Man Who Has A Clue

A recap of what Taleb and his fellow complex systems analysts have been saying about coronavirus. Not pretty.

The New Fault Lines in a Post-Globalized World

Coronavirus is smashing up the economic and political order. What sort of world comes next?