Keeping tabs on the wobbly state of EU banks.
Recent Items
Friday, December 26, 2025
Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted
Topics: Banking industry, Doomsday scenarios, Dubious statistics, Europe, Guest Post, Pandemic, Regulations and regulators
Posted by Yves Smith at 4:56 am | 4 Comments »
2:00PM Water Cooler 6/23/2020
COVID-19 in swing states, testing, Houston in trouble ~ Biden veep stakes: Karen Bass? ~ Biden’s hawkishness ~ Sanders agonidpol ~ DNC wants more money from Sanders ~ Trump in Tulsa ~ Michigan dead heat ~ Neera Tanden ~ Housing, manufacturing ~ Savings ~ Fireworks companies ~ College football ~ Wokeness ~ Zinn, Chomsky on Tolkien
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 113 Comments »
The Hidden Deaths Of The COVID Pandemic
Why the Covid-19 death toll is higher than you might think.
Topics: Dubious statistics, Guest Post, Health care, Pandemic
Posted by Yves Smith at 9:55 am | 28 Comments »
Links 6/23/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 161 Comments »
Can the Aspen Institute’s Elite Economists Beat the Coronavirus Depression?
A careful look at a new set of rescue schemes devised by some Serious Economists. Honestly, even Larry Summers could do better than this.
Topics: Banana republic, Doomsday scenarios, Economic fundamentals, Guest Post, Income disparity, Macroeconomic policy, Pandemic, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:09 am | 24 Comments »
Board Member Margaret Brown Sues CalPERS, Board President Over Gang-Style Retaliation for Efforts to Oppose Its Incompetence
Board member Margaret Brown has finally had it with CalPERS’ dirty tricks.
Topics: Banana republic, CalPERS, Investment management, Investment outlook, Legal, Media watch, Politics, Risk and risk management
Posted by Yves Smith at 2:46 am | 32 Comments »
Who Benefits From New Technologies?
Do the benefits of new technologies accrue primarily to inventors, early investors, and highly skilled users, or to society more widely?
Topics: Dubious statistics, Economic fundamentals, Guest Post, Technology and innovation, The dismal science
Posted by Yves Smith at 2:29 am | 7 Comments »
Dogpiling Taibbi and the Dearth of the Free Press
A cri de couer on sorting the news
Topics: Media watch, Politics
Posted by Lambert Strether at 4:25 pm | 114 Comments »
2:00PM Water Cooler 6/22/2020
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 114 Comments »
The Economy Isn’t About Money. It’s About Putting Food on the Table
Our Enlightenment predecessors recognized not one but five economies – and the pandemic has reinvigorated our taste for them.
Topics: Economic fundamentals, Free markets and their discontents, Politics, Ridiculously obvious scams
Posted by Lambert Strether at 11:47 am | 22 Comments »
Links 6/22/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 174 Comments »
Grim Prospects for New York City as Few Office Workers Return Post Lockdown; How Hard Will Other US Cities Be Hit?
An update on getting back to normal (not) in New York City.
Topics: Doomsday scenarios, Economic fundamentals, Pandemic, Taxes
Posted by Yves Smith at 3:58 am | 51 Comments »
Who Pays for Stranded Assets? Taxpayers Are Footing The Bill For 100-Year Old Oil Wells
Why shuttering oil wells is a physical, economic, and political mess.
Topics: Banana republic, Dubious statistics, Energy markets, Global warming, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 3:54 am | 26 Comments »
Grenfell Tower Fire: Third-Year Anniversary (Non-)Progress Report
Some progress on Grenfell Tower: Remediating apartment blocks, ongoing inquiries, regulatory proposals. But not nearly enough. And then there’s the potential IT boondoggle. They were careless people, Tom and Daisy…
Topics: Guest Post, Politics, Real estate, Risk and risk management, Social policy, Social values, UK
Posted by Lambert Strether at 3:25 pm | 21 Comments »
Links 6/21/2020
Topics: Links
Posted by Lambert Strether at 6:55 am | 300 Comments »



