Tuesday, April 7, 2020

Services Sector Falls Off Cliff: First Data Points from the Eurozone Where Lockdowns Started Earlier

Early data from Europe says the damage to the services sector is as deep as many feared, and bodes ill for the US, with its poor and sluggish economic responses.

What Wall Street Doesn’t Want You to Know About Hospital Emergency Rooms

A coronavirus whistleblower winds up also exposing that private equity has too much say in running emergency rooms.

2:00PM Water Cooler 4/3/2020

Today’s Water Cooler: Friday, Friday. What a week!

The New Inequalities and People-to-People Social Protection

Yves here. On the one hand, this post contains many examples of how people with resources are assisting those hit hard by the coronavirus crisis. On the other, it is also all too apparent that in most cases, these charitable acts only make a dent in the problems most face, although admittedly shows of concern […]

Links 4/3/2020

The Coronavirus Pandemic Has Opened the Curtains on the World’s Next Economic Model

COVID-19 has exposed flaws in the global supply chain economic model; advances in technology have rendered it obsolete.

Coronavirus, Control, Irritability, and Guilt

A coronavirus confessional of sorts.

Key Official Missing in Action: North Carolina Treasurer, Sole Fiduciary of Its Pension, Has Covid-19 but State Refuses to Say More

Key public officials are abusing their position if they keep the severity of their Covid-19 illness under wraps.

2:00PM Water Cooler 4/2/2020

Today’s Water Cooler: Legitimacy crisis vibe growing stronger… .

Saving Citizens, Killing the Poor: India and COVID-19

Prime Minister Narendra Modi’s imposition of a 21-day lockdown in India to stem COVID-19 transmission triggered vast migration of the poor.

Links 4/2/2020

Why Can’t Everyone in This Country Get Free COVID-19 Treatment?

The US is well into the Covid-19 crisis, yet most citizens are at risk of big bills if they seek testing and care.

The EU’s Green Deal: Bismarck’s ‘What Is Possible’ versus Thunberg’s ‘What Is Imperative’ in the Age of Covid-19

A detailed look at the Green Deal: bold goals, with a shortage of money, transition plans, and social democracy.

The Coronavirus Depression Requires A New Approach to Budgeting

Coronavirus spending illustrates the foolishness of legislators believing their own numbers.

2:00PM Water Cooler 4/1/2020

Today’s Water Cooler: #COVID19 tracker, new national poll, Biden on #COVID19, Biden backer: Sanders an “a*****e”, Cuomo bubble, Sanders on Wisconsin primary, Sanders and the black vote, Trump popularity, manufacturing, employment, forests, soil, hospital beds, vaping, essential workers