Tuesday, July 1, 2025

Links 5/9/2020

Tom Ferguson: Big Business Takes Cash as Workers Laid Off, States and Cities Go Bust

Tom Ferguson and Paul Jay discuss how Democrats and Republicans distaste for accountability by finance and big corporations is playing out in the coronacrisis

Mass Unemployment Is a Failure of Capitalism

Why unemployment is a feature of capitalism.

From Juanita Broaddrick to Tara Reade: In Forty Years Has Nothing Changed at All?

Remember Juanita Broaddrick? The fact that you probably don’t speaks volumes about our political culture.

2:00PM Water Cooler 5/8/2020

Today’s Water Cooler: #COVID19, Biden (virtual rally debacle, youth vote, Veepstakes), Trump’s failure, the end of canvassing?, DSA, horrid employment numbers (with class dimension), containers, rail, sharing economy, Sephora, Rent the Runway, Zoom, llamas and antibodies, West Wing

Don’t Do It Again! The Swedish Experience With Negative Central Bank Rates in 2015-2019

Why negative interest rates were a bust.

Links 5/8/2020

Why I’m Not Keen About Telemedicine, US Style

Telemedicine has a lot of warts.

Modigliani Meets Minsky: Rising Inequality and U.S. Household Debt Since 1950

Yves here. This short piece looks at some of the intuitions about the relationship between rising household debt levels and increasing inequality. And they sure do look to be connected! By Alina Bartscher, University of Bonn, Moritz Kuhn, Professor, Department of Economics, University of Bonn and Moritz Schularick, Professor of Economics, University of Bonn. Originally […]

Retail Bankruptcies, Bailouts Put Spotlight on Private Equity

Private equity turned a lot of retailers into tenants….and now landlords are a big impediment to the survival of many businesses.

2:00PM Water Cooler 5/7/2020

Today’s Water Cooler: #COVID19 stats, Biden and Reade, Democrats and Never-Trumpers, Ronald Klain, Sanders post-mortems, #COVID19, swing states, and New York, employment situation, tankers, Blackstone, Neiman Marcus, Yelp, Gilead, the liberal arts, pandemic therapy, the “Karen” meme

The Puzzling Questions of the Coronavirus: A Doctor Addresses 6 Questions That Are Stumping Physicians

A partial list of coronavirus “known unknowns”.

Links 5/7/2020

Hunger Rises Dramatically in America

Hunger levels are shooting up and Republicans want to do as little as possible about it.

Economic Blow Of The Coronavirus Hits America’s Already Stressed Farmers

Many farmers were struggling economically and psychologically even before coronavirus hit.