Unhappy families may all be different, but financial crises are pretty much the same, rooted in debt overhangs, and one has been brewing.
Tuesday, July 1, 2025
Triggering a Global Financial Crisis: Covid-19 as the Last Straw
An ambitious deleveraging plan as a Covid-19 response.
2:00PM Water Cooler 3/17/2020
By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune “They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord Key dates coming fast now, so I […]
Closing Polling Places Is the 21st Century’s Version of a Poll Tax
Voter disenfranchisement via shuttering polling sites.
Coronavirus Means Zero Hour for the European Union
Germany’s long-standing practice of muscling the European Union to serve its own ends now risks dissolution and a banking system crisis.
Brexit: The ‘Australian Option’?
Boris Johnson fancies that the UK’s future lies with the US. Good luck with that.
Why Sanctions Against Iran and Venezuela During a Pandemic Are Cruel
A moral and practical case against continuing economic sanctions during the coronavirus pandemic.
Social Insurance in a Time of Pandemic: A Proposal for the Government to Act as Buyer of Last Resort
It’s not hard operationally for the government to counter economic fallout from the pandemic. The hard part is ideological baggage.
2:00PM Water Cooler 3/16/2020
Today’s Water Cooler: National poll, voting during #COVID-19, exit polls vs. computer calculated results, manufacturing, housing, China sends #COVID-19 materiel, retail food, esports, copper, testing the Utah Jazz, 1619 Project controversy, sabotaging techniques in business, Ecstasy, Wodehouse
How Lifesaving Organs For Transplant Go Missing In Transit
Scores of organs — mostly kidneys — are trashed each year and many more become critically delayed while being shipped on commercial airliners, a new investigation finds.
The Fed Backfires: Shock and Awe Rate Drop to 0%, Emergency Bond Buying Program Leads to Limit Down Drops in US Equity Futures as Real World Coronavirus Damage Worsens
The Fed just told everyone to assume the brace position.
Live Blog: Democrat Presidential Primary Debate #13 in Washington, DC
By Lambert Strether of Corrente. Time: 8:00PM-10:00PM ET Place: CNN’s studio in Washington, DC Hosts: CNN, CNN en Español, CNN International, and Univision Moderators: CNN’s Dana Bash and Jake Tapper; Univision’s Ilia Calderón. Candidate line-up: Joe Biden (former Vice President) Bernie Sanders (Senator from Vermont) (I can’t find which candidate will be on the right […]
I Knew My Dad Was a Sexual Predator
A predator needs many enablers. We only need to turn one.
