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.
Tuesday, April 7, 2020
Services Sector Falls Off Cliff: First Data Points from the Eurozone Where Lockdowns Started Earlier
A coronavirus whistleblower winds up also exposing that private equity has too much say in running emergency rooms.
Today’s Water Cooler: Friday, Friday. What a week!
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 […]
COVID-19 has exposed flaws in the global supply chain economic model; advances in technology have rendered it obsolete.
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.
Today’s Water Cooler: Legitimacy crisis vibe growing stronger… .
Prime Minister Narendra Modi’s imposition of a 21-day lockdown in India to stem COVID-19 transmission triggered vast migration of the poor.
Posted by Yves Smith at 6:58 am |
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.
Coronavirus spending illustrates the foolishness of legislators believing their own numbers.
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