Michael Hudson on Coronavirus and Debt Winners and Losers
Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Read more...Category Archives: Guest Post
The Pandemic Shows the Importance of Funding Early Childcare and Education Infrastructure (Updated)
Why investment in childcare and education provides high returns yet has been largely ignored in Covid-19 responses.
Read more...2:00PM Water Cooler 6/26/2020
COVID-19 spike in the states, plus county data ~ Biden on masks ~ Biden on Black Lives Matter ~ Massive Trump takedown by Nooners ~ The Great Assimilation™ ~ Consumer spending, personal income, consumer sentiment ~ The Black Death ~ COVID-19 aerosols, HVAC ~ Forests and carbon
Read more...Pandemic-Emptied Hotels Could Become Affordable Housing, City Officials Suggest
Potentially thousands of vacant hotel rooms in New York City alone are ripe for conversion into permanent residences, deputy mayor, housing groups and hotel owners agree.
Read more...Links 6/26/2020
The Best Law Capital Can Buy
A review of the important new book “The Code of Capital: How the law creates wealth and inequality.”
Read more...2:00PM Water Cooler 6/25/2020
~ Today’s Water Cooler ~
Read more...Bayer Agrees to $10.9 Billion Glyphosate Settlement
Bayer agrees to $10.9 billion glyphosate settlement, resolving much pending US litigation. The company still faces European woes.
Read more...Links 6/25/2020
‘Downright Dangerous’: Trump Moves to End Federal Support for Testing Sites as US Sees Record Daily Spike in Covid-19 Infections
Trump administration moves to curtail COVID testing – on theory that if there’s no test showing the tree fell in the forest, it did not fall.
Read more...Minnesota, Ellison Announces Climate Lawsuit Against Exxon, Koch, and API
Minnesota launches a bold climate lawsuit. What are its odds of prevailing?
Read more...Some Basic Lessons for the Governor of the Bank of England, Who Seems to be in Dire Need of Them
The Governor of the Bank of England had a major “put foot in mouth and chew” episode.
Read more...Saharan Dust Storm Expected To Cause Dangerous Air Pollution in U.S. This Week
Jeff Masters tellls you everything you want to know about a dust strorm set to drift over the US
Read more...Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted
Keeping tabs on the wobbly state of EU banks.
Read more...2:00PM Water Cooler 6/23/2020
COVID-19 in swing states, testing, Houston in trouble ~ Biden veep stakes: Karen Bass? ~ Biden’s hawkishness ~ Sanders agonidpol ~ DNC wants more money from Sanders ~ Trump in Tulsa ~ Michigan dead heat ~ Neera Tanden ~ Housing, manufacturing ~ Savings ~ Fireworks companies ~ College football ~ Wokeness ~ Zinn, Chomsky on Tolkien
Read more...