Angela Merkel is under pressure to abandon her long-standing “Germany first” policy towards the EU. Will she finally relent?
Recent Items
Wednesday, September 17, 2025
Angela Merkel Urged To Put European Solidarity Over German Interests and Back Coronabonds
Topics: Doomsday scenarios, Economic fundamentals, Europe, Guest Post, Macroeconomic policy, Pandemic
Posted by Yves Smith at 9:55 am | 50 Comments »
Links 4/8/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 397 Comments »
Martin Wolf and Wishful Thinking on Ending Coronavirus Lockdowns
It would be nice to go back to something like the old normal. But the coronavirus is still very much in charge.
Topics: Doomsday scenarios, Dubious statistics, Economic fundamentals, Health care, Income disparity, Pandemic, Politics, Regulations and regulators, Risk and risk management, The dismal science
Posted by Yves Smith at 6:50 am | 121 Comments »
How to Pay for the Pandemic War
Government responsese to the pandemic are making a hash of one of the comparatively easy issues.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Guest Post, Macroeconomic policy, Pandemic
Posted by Yves Smith at 4:35 am | 33 Comments »
New York Fed, FDIC Tout “Opacity in a Banking Crisis” to Keep Corporations, Hedge Funds, PE Firms & Counterparties in the Dark about Weak Banks
An article by Fed and FDIC researchers argues for hiding banks’ dirty laundry. Too bad the authorities didn’t make banks shape up instead.
Topics: Banana republic, Banking industry, Doomsday scenarios, Guest Post, Payment system, Regulations and regulators, Ridiculously obvious scams, Risk and risk management
Posted by Yves Smith at 3:09 am | 9 Comments »
Online Education in the Covid-19 Crisis: “It’s Like Coke Dealers Handing Out Free Samples”
How coronavirus is being used to advance the anti- public-education agenda
Topics: Free markets and their discontents, Guest Post, Pandemic, Social policy
Posted by Yves Smith at 9:55 am | 86 Comments »
Links 4/7/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 425 Comments »
Covid-19: Where From? Why Now?
Examining theories about Covid-19 that blame its start on farming. But which kind of farming?
Topics: China, Doomsday scenarios, Guest Post, Pandemic, Science and the scientific method, Social policy
Posted by Yves Smith at 6:50 am | 60 Comments »
The FT Says It’s Time for the Bank of England to Start Direct Funding of the Government: Modern Monetary Theory Has Won the Day
Modern Monetary Theory has a new convert. Too bad Americans are behind the curve.
Topics: Doomsday scenarios, Economic fundamentals, Federal Reserve, Guest Post, Macroeconomic policy, Pandemic, Payment system
Posted by Yves Smith at 6:32 am | 17 Comments »
Cancer Patients Face Treatment Delays And Uncertainty As Coronavirus Cripples Hospitals
Coronavirus creates a terrible bind for cancer patients and their doctors.
Topics: Guest Post, Health care, Pandemic
Posted by Yves Smith at 5:46 am | 15 Comments »
2:00PM Water Cooler 4/6/2020
Let’s make Monday Fun Day!
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 261 Comments »
India’s Poorest Now Have Access to Basic Bank Accounts, and Many Already Received their First Cash Stimulus Payment By Last Saturday; Meanwhile the IRS May Get You Your $1200 Check in Five Months
A tale of two stimuli: the Modi government has already made some direct deposits; some Americans will wait five months to receive checks.
Topics: Banana republic, Banking industry, Guest Post, Income disparity, India, Infrastructure, Pandemic, Payment system
Posted by Jerri-Lynn Scofield at 1:25 pm | 33 Comments »
Amid COVID-19 Pandemic, Some Pipeline Projects Push Forward While Others Falter Nationwide
Pipeline projects proceed, sometimes on a stealth basis, under cover of the COVID-19 crisis and despite the collapse of world oil prices.
Topics: Energy markets, Environment, Global warming, Guest Post, Legal, Pandemic, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 7:25 am | 6 Comments »
Links 4/6/2020
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 245 Comments »
Coronavirus: A Theory of Incompetence
Coronavirus has shredded the last vestiges of the belief that America was well run. How did we get here?
Topics: Banana republic, Doomsday scenarios, Free markets and their discontents, Health care, Pandemic, Social policy, Social values
Posted by Yves Smith at 6:54 am | 128 Comments »