As lenders increasingly nudge their customers toward online services, the frequency and scale of bank outages raises serious questions about the resilience and reliability of those services.
Recent Items
Tuesday, July 21, 2026
South East Asia’s Biggest Bank (By Assets) Just Suffered Its Biggest Outage in Over a Decade
Topics: Guest Post
Posted by Nick Corbishley at 6:31 am | 14 Comments »
Probable Vaccine-Escaping Covid Variant Sequenced in Gauteng, South Africa and Spreading Rapidly; Press Underplaying Downside Risk
A very nasty new variant is spreading rapidly and looks to evade monoclonal antibodies and current vaccines. Assume the brace position.
Topics: Africa, Doomsday scenarios, Free markets and their discontents, Globalization, Health care, Pandemic, Politics, Science and the scientific method, Social policy
Posted by Yves Smith at 4:52 am | 281 Comments »
Gerrymandering Is a Climate Problem
How the upcoming round of gerrymandering is likely to impact climate change remediation campaigns.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, Politics, Ridiculously obvious scams, Social values, Species loss
Posted by Yves Smith at 3:48 am | 9 Comments »
Links 11/25/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 177 Comments »
Thanksgiving Myths and Realities and Betty-Jo
For those of you contending with Thanksgivings that fall short.
Topics: Social values
Posted by Yves Smith at 6:00 am | 32 Comments »
Why Don’t We See Headlines Touting the Pentagon’s Hefty Price Tag?
ions on how the press is a reliable Pentagon cheerleader.
Topics: Dubious statistics, Guest Post, Media watch, Middle East, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 1:54 am | 43 Comments »
2:00PM Water Cooler 11/24/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 69 Comments »
How the Pandemic Helped Spread Fentanyl Across the US and Drive Opioid Overdose Deaths to a Grim New High
The jump in opioid deaths during the pandemic was due significantly to distribution changes that favored fentanyl.
Topics: Guest Post, Health care, Pandemic, Regulations and regulators, Social policy, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 11/24/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 180 Comments »
The “Tesla Financial Complex”: Financial Times Details Wildly Outsized Speculation in Tesla Options
The Financial Times provides insight as to why Tesla stock is so frothy.
Topics: Guest Post
Posted by Yves Smith at 5:26 am | 35 Comments »
Go Private for the Treatment You Need, NHS Tells Patients
NHS patients are being refused treatment, discharged too early and pushed towards private referrals.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Politics, Privatization, Social policy, The destruction of the middle class, UK
Posted by Yves Smith at 3:51 am | 33 Comments »
Thanksgiving Holiday Schedule and Sort of Comments Holiday
We’ll be on a lighter posting schedule over the Thanksgiving holiday. But we wil be here!
Topics: Notices
Posted by Yves Smith at 12:05 am | 5 Comments »
2:00PM Water Cooler 11/23/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 102 Comments »
Among Social Scientists, a Vigorous Debate Over Loss Aversion
Loss aversion, which allegedly explains decision-making — from investor behavior to insurance markets — isn’t ironclad, experts argue.
Topics: Guest Post, Social policy, Social values, The dismal science
Posted by Yves Smith at 9:55 am | 15 Comments »
Links 11/23/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 180 Comments »



