Extrapolating from well-advanced Covid developments leads to some ugly destinations.
Recent Items
Saturday, September 13, 2025
The Coming Deadly Covid Winter
Topics: Economic fundamentals, Free markets and their discontents, Health care, Pandemic, Politics, Real estate, Social policy, The destruction of the middle class
Posted by Yves Smith at 5:39 am | 129 Comments »
Thanksgiving Schedule and Comments Holiday
We are taking a Thanksgiving mini-break. Hope you get one too.
Topics: Notices
Posted by Yves Smith at 4:42 am | 26 Comments »
What Would a State-Owned Amazon Look Like? Ask Argentina
Amazon hasn’t done well in Latin America. Now Argentina will challenge private platforms to benefit workers, consumers and sellers.
Topics: Free markets and their discontents, Guest Post, Technology and innovation, The destruction of the middle class
Posted by Yves Smith at 1:53 am | 10 Comments »
2:00PM Water Cooler 11/24/2020
~ Covid charts show Midwest improvement ~ Democrat jouissance after GSA ascertainment ~ Diversity ~ Hunter Thompson, prophet ~ Manufacturing, housing ~ Supply chain ~ Wolves ~ Amazon organizing ~ Evictions ~ Occam’s Razor
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Saudi Aramco’s Landmark IPO Is Costing The Kingdom Billions
How the Saudi Aramco IPO has become a financial millstone.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Guest Post, Investment management, Middle East
Posted by Yves Smith at 8:05 am | 28 Comments »
Links 11/24/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 188 Comments »
To Save the Economy, Biden Must First Save Lives
More discussion of an analysis that concluded that the only way to “fix the economy” was to tackle Covid…and not hope for a vaccine bailout
Topics: Economic fundamentals, Free markets and their discontents, Guest Post, Health care, Pandemic, Politics
Posted by Yves Smith at 6:54 am | 73 Comments »
Brexit: Decisions
The Brexit trade talks illustrate that not deciding amounts to a decision.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Europe, Globalization, Politics, UK
Posted by Yves Smith at 3:00 am | 44 Comments »
Yemen: More Damage To World Peace And Security Due To Trump Wrecking Everything As He Exits
Trump kicks Yemen.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 2:44 am | 12 Comments »
What Connects Grenfell Tower, Dams on the Mekong, and a Shortage of Glass Vials for Covid Vaccines? Sand!
By Lambert Strether of Corrente Readers, I have purchased Obama’s latest autobiography, along with the complimentary handtruck needed to take it home, and now I’m going to have to pull on my yellow waders and read it, as much as I can stand. So that post is coming, but that post is not this post, […]
Topics: Commodities, Environment, Globalization, Guest Post
Posted by Lambert Strether at 6:55 pm | 25 Comments »
2:00PM Water Cooler 11/23/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 181 Comments »
How to Move Beyond Utopian Socialism and Libertarianism
It is vital to escape the standard binary debates of state versus market or public versus private ownership.
Topics: Free markets and their discontents, Politics
Posted by Lambert Strether at 12:15 pm | 47 Comments »
Links 11/23/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 260 Comments »
Michael Olenick: How Biden Could Tackle the Student Loan Crisis
Biden could resort to a simple bankruptcy fix for the student loan mess. But would he?
Topics: Banking industry, Credit markets, Guest Post, Legal, Politics, Social policy, Student loans
Posted by Yves Smith at 6:19 am | 66 Comments »
The Mnuchin-Powell Affair Over the Fed’s “Special Purpose Vehicles” in Dollars & Effects
The Treasury and Fed set up junk-buying SPV programs The unwind is oddly controversial given that they never should have been created.
Topics: Federal Reserve, Free markets and their discontents, Guest Post, Investment management, Politics, Ridiculously obvious scams
Posted by Yves Smith at 4:50 am | 17 Comments »