The Eurozone, despite years of band-aids over gunshot wounds, has managed to soldier on. It may have finally met its match in the coronacrisis
Recent Items
Tuesday, July 1, 2025
The Eurozone in Crisis
Topics: Currencies, Doomsday scenarios, Economic fundamentals, Europe, Guest Post, Macroeconomic policy, Pandemic, Regulations and regulators
Posted by Yves Smith at 6:22 am | 26 Comments »
Some Communities Are Being Forced to Fight School Closures and Privatization in the Midst of the Pandemic
Citizens opposing a school restructuring plan in Minneapolis remind local officials: “The educational system actually belongs to us.”
Topics: Banana republic, Free markets and their discontents, Guest Post, Income disparity, Pandemic, Politics, Privatization, The destruction of the middle class
Posted by Yves Smith at 5:41 am | 4 Comments »
In Quest of the May Day Strikes
A round-up of May Day strike coverage.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, Technology and innovation, The destruction of the middle class
Posted by Lambert Strether at 4:55 pm | 49 Comments »
2:00PM Water Cooler 5/5/2020
Today’s Water Cooler:
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
The Invisible Business Risk of the Covid-19 Pandemic
The COVID-19 pandemic triggered unprecedented changes in employment levels and the values of stocks, bonds, commodities, and currencies.
Topics: Guest Post, Pandemic, Risk and risk management
Posted by Lambert Strether at 9:55 am | 11 Comments »
Links 5/5/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 171 Comments »
The False Dawn of Ending Coronavirus Lockdowns
It would be nice if relaxing the lockdowns would solve a problem, any problem….
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Globalization, Health care, Income disparity, Investment outlook, Media watch, Payment system, Politics, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 6:32 am | 194 Comments »
Jesse Ventura Could Pose a Greater Threat Than Biden or the Democrats Believe
How Jesse Ventura could upset the already wobbly Biden apple cart.
Topics: Guest Post, Income disparity, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 12:39 am | 112 Comments »
2:00PM Water Cooler 5/4/2020
Today’s Water Cooler: #COVID19 stats and international comparison, Biden (Summers, suburban moms), Cuomo, Trump (#MeToo, Greenwich CT), Fauci, Clinton, rehabilitating Bush, soil, #COVID19 (East Asia, insurance, testing), Amazon, cyberpunck, psychedelics, Blondie, “Chairman Meow”
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 176 Comments »
Tale of Two Cities Redux: HK to Ease its COVID-19 Restrictions, While NYC Situation Remains Dire
Hong Kong’s public health authorities protect its population from COVID-19, via use of masks; NYC, by contrast, flounders.
Topics: Banana republic, Banking industry, China, Doomsday scenarios, Guest Post, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 11:55 am | 45 Comments »
Links 5/4/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 233 Comments »
Rubbish Is Piling Up and Recycling Has Stalled – Waste Systems Must Adapt
The COVID-19 crisis has disrupted waste management, especially the EU plan to move from virgin resourcs inputs towards a circular economy.
Topics: Doomsday scenarios, Environment, Europe, Global warming, Guest Post, Pandemic
Posted by Jerri-Lynn Scofield at 6:25 am | 11 Comments »
Pandemic Profiteering: How the Military Goes to the Head of the Covid-19 Bailout Line
How the coronavirus has helped the US military up its grifting game.
Topics: Banana republic, Guest Post, Pandemic, Politics, Ridiculously obvious scams
Posted by Yves Smith at 2:10 am | 6 Comments »
Universa Debunks CalPERS’ Defense of $1 Billion Tail Hedge Miss; Insider Accounts Expose Additional Misrepresentations
CalPERS efforts to ‘splain away its $1 billion tail hedge fiasco backfire as one of the tail risk managers, Universa, shreds CalPERS’ claims.
Topics: CalPERS, Derivatives, Dubious statistics, Investment management, Risk and risk management
Posted by Yves Smith at 10:23 am | 18 Comments »
COVID-19 Lockdowns: Birds Singing, Flamingoes Flocking, Dolphins Dancing, Cleaner Air and Water
COVID-19 lockdowns have cratered the economy; meanwhile, we can hear birds sing, and air and water are cleaner, from Venice to Kolkata.
Topics: Environment, Guest Post, Pandemic
Posted by Jerri-Lynn Scofield at 9:55 am | 47 Comments »