Why Sending $1,000 Checks to Everyone Won’t Solve the Coronavirus Crisis (Updated)
Why the Republicans’ planned coronavirus bazooka isn’t big enough.
Read more...Category Archives: Economic fundamentals
Debt and Financial Crises: Will History Repeat Itself?
Unhappy families may all be different, but financial crises are pretty much the same, rooted in debt overhangs, and one has been brewing.
Read more...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...Brexit: The ‘Australian Option’?
Boris Johnson fancies that the UK’s future lies with the US. Good luck with that.
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...How the COVID-19 Shock Is Different
Looking at COIVD-19 impacts.
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...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...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...Airlines: Bleeding from Coronavirus, and Worse to Come
Coronavirus carnage continues, particularly at bankruptcy-prone airlines.
Read more...Coronavirus: Kids About as Likely as Adults to Become Infected; What Happens When School Closures Become Widespread?
Coronavirus is already causing large-scale school closures abroad; what happens when that becomes the new normal in the US?
Read more...Banks and Landlords Have To Pick Up the Costs of the Pandemic To Come to Forestall a Depression
Why banks and landlords (and the health care industry) need to pay their share of coronavirus costs.
Read more...Brexit: Pawing and Snorting
In theory, Brexit negotiations are moving forward, but they sure don’t look like it.
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