~ Today’s Water Cooler ~
Recent Items
Sunday, September 14, 2025
2:00PM Water Cooler 6/29/2020
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 240 Comments »
WSJ Says Banks Can’t Determine Who Is Credit-Worthy: More COVID-19 Fallout
WSJ says banks can no longer determine who is credit-worthy using existing models – more COVID-19 fallout, this of uncertain magnitude.
Topics: Banana republic, Banking industry, Credit cards, Credit markets, Guest Post, Legal, Pandemic, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 29 Comments »
Links 6/29/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 221 Comments »
Global Covid-19 Cases Top 10 Million As HHS Secretary Warns ‘Window is Closing’ to Get Disease Back Under Control in US
HHS Secretary Alex Azar concedes the US may have lost control of the COVID-19 pandemic after a surge in cases.
Topics: Guest Post, Pandemic, Politics
Posted by Jerri-Lynn Scofield at 6:50 am | 54 Comments »
Wall Street Journal’s Apologia for Private Equity Letting Companies Go Bust
The Wall Street Journal unwittingy defends private equity destructiveness.
Topics: Banana republic, Doomsday scenarios, Investment management, Legal, Pandemic, Private equity
Posted by Yves Smith at 5:56 am | 21 Comments »
Pentagon Porks Up as Covid-19 Bleeds Economy
Quelle surprise! Pentagon grifting continues apace, even in the face of a full-bore domestic crisis.
Topics: Banana republic, Guest Post, Health care, Income disparity, Middle East, Payment system, Politics, Social policy, The destruction of the middle class
Posted by Yves Smith at 2:26 am | 11 Comments »
Waste Watch: Plastic Free July in the Age of COVID-19
As COVID-19 swamps the world, other problems remain. Commit to a plastic free July and mitigate the world’s plastic problem.
Topics: Doomsday scenarios, Environment, Guest Post, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 5:55 pm | 18 Comments »
Links 6/28/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 173 Comments »
Coronavirus: Asymptomatic People Can Still Develop Lung Damage
For those who remain to be convinced: COVID-19 is not the ‘flu. Physician discusses lung damage in asymptomatic patients.
Topics: Guest Post, Pandemic
Posted by Jerri-Lynn Scofield at 6:45 am | 40 Comments »
Links 6/27/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 229 Comments »
Michael Hudson on Coronavirus and Debt Winners and Losers
Michael Hudson explains why debt cancellation and turning banks into utilities is the only sound response to the cornacrisis.
Topics: Banana republic, Banking industry, Credit markets, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Income disparity, Macroeconomic policy, Pandemic, The destruction of the middle class, The dismal science
Posted by Yves Smith at 3:59 am | 83 Comments »
The Pandemic Shows the Importance of Funding Early Childcare and Education Infrastructure (Updated)
Why investment in childcare and education provides high returns yet has been largely ignored in Covid-19 responses.
Topics: Banana republic, Economic fundamentals, Guest Post, Income disparity, Infrastructure, Pandemic, Social policy
Posted by Yves Smith at 3:49 am | 12 Comments »
2:00PM Water Cooler 6/26/2020
COVID-19 spike in the states, plus county data ~ Biden on masks ~ Biden on Black Lives Matter ~ Massive Trump takedown by Nooners ~ The Great Assimilation™ ~ Consumer spending, personal income, consumer sentiment ~ The Black Death ~ COVID-19 aerosols, HVAC ~ Forests and carbon
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 179 Comments »
Pandemic-Emptied Hotels Could Become Affordable Housing, City Officials Suggest
Potentially thousands of vacant hotel rooms in New York City alone are ripe for conversion into permanent residences, deputy mayor, housing groups and hotel owners agree.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Income disparity, Pandemic, Real estate, The destruction of the middle class
Posted by Yves Smith at 9:55 am | 31 Comments »
Links 6/26/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 197 Comments »