The clock is ticking for underwater tenants, and Congressional relief looks set to be too little, too late.
Recent Items
Tuesday, July 1, 2025
Millions of Tenants ‘Headed for Absolute Disaster’ After New Year, Owing Average of Nearly $6,000 in Rent and Utilities
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Social policy
Posted by Yves Smith at 5:51 am | 48 Comments »
R.I.P The University, b. 1088, d. 2020, of Covid
Opportunistic university administrators seize the opportunity presented by Covid to gut academic freedom and turn faculty into employees
Topics: Guest Post, Pandemic, Social policy, Social values
Posted by Lambert Strether at 5:25 pm | 55 Comments »
2:00PM Water Cooler 12/7/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 152 Comments »
Demand for COVID Vaccines Expected to Get Heated — And Fast
Experts in ethics and immunization behavior say they expect attitudes toward vaccines to shift quickly from widespread hesitancy to urgent, even heated demand.
Topics: Health care, Pandemic
Posted by Lambert Strether at 11:55 am | 37 Comments »
Links 12/7/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 218 Comments »
Judge Slams Apollo for Making Investors Pay for Partner’s Bogus Personal Expenses; Clueless SEC Missed the Abuse, Maybe Because Paul Weiss Misled Them
A federal judge blasts Apollo for making bogus charges to its investors and by implication, law firm Paul Weiss, for whitewashing the abuse.
Topics: Legal, Politics, Private equity, Regulations and regulators
Posted by Yves Smith at 4:55 am | 18 Comments »
Business and Related Restrictions Appear to Curb COVID-19 Fatality Growth, But Some Do Not
An examination of particularly Covid-containment strategies in terms of cost versus effectiveness.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Guest Post, Pandemic
Posted by Yves Smith at 4:54 am | 17 Comments »
Privatized Regulators and Corrupt Corporations Caused Deadly Grenfell Tower Fire, Now Threaten Collapse of UK Housing Market through “Cladding Crisis”
Tne Grenfell Tower Inquiry digs up some gruesome corporate dealing, plus the UK’s property market could seize up.
Topics: Banana republic, Globalization, Guest Post, Real estate, Regulations and regulators, UK
Posted by Lambert Strether at 6:24 pm | 23 Comments »
Links 12/6/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 299 Comments »
What Is Exploitation in the Context of ‘Modern Slavery’? A Legal Proposal
The absence of clear parameters for determining what counts as exploitation allows states to misclassify victims.
Topics: Globalization, Guest Post, Income disparity, Politics, Regulations and regulators
Posted by Lambert Strether at 6:45 am | 22 Comments »
Links 12/5/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 300 Comments »
Rana Foroohar and Mark Blyth on Democrats Trying to Please Too Many Money Masters at Once
The Democrats will soon decide which campaign promises will be ignored or walked back. Sandernistas, brace yourselves.
Topics: Banking industry, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Investment management, Macroeconomic policy, Politics, Private equity, Ridiculously obvious scams, The destruction of the middle class
Posted by Yves Smith at 4:30 am | 25 Comments »
The Jobs Report is a Mess, December Will Be Messier
The Nov. 14 cut-off kept most of the Covid spike impact from the jobs data. And there’s underying decay due to globalization.
Topics: Dubious statistics, Economic fundamentals, Guest Post, Income disparity, Pandemic
Posted by Yves Smith at 2:52 am | 17 Comments »
2:00PM Water Cooler 12/4/2020
~ Today’s Water ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 140 Comments »
Green Growth vs Degrowth: Are We Missing the Point?
A broad discussion of the climate change growth versus degrowth debate and how to move forward despite those differences.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Environment, Global warming, Guest Post, Politics, Social policy, Species loss
Posted by Yves Smith at 9:55 am | 68 Comments »