~ Today’s Water Cooler: Politics, Syndemics; Democrat bedwetting; Kamala messaging disasters: Walz goes hunting, manly men, Obama and black men; Walz oppo bubbles up, not yet popped; Labor Secretary Su flies to Seattle, Boeing’s doom loop ~
Recent Items
Monday, October 14, 2024
2:00PM Water Cooler 10/14/2024
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 42 Comments »
Links 10/14/2024
Topics: Links
Posted by Conor Gallagher at 6:55 am | 99 Comments »
Private Equity Pummeled by Higher Interest Rates as Portfolio Companies and Credit Funds Struggle; Use of PIK Loans Now Recalls Late 1980s LBO Crisis
More and more private equity and private credit deals are looking over-extended. How bad might things get?
Topics: Banking industry, CalPERS, Credit markets, Dubious statistics, Economic fundamentals, Federal Reserve, Investment management, Private equity
Posted by Yves Smith at 6:54 am | 19 Comments »
Millions in US Toiling Under This Imposed Housing Crisis Need One Thing: Straight-Up Cash
The real-life stories of Americans moving through eviction court show that what most struggling families really need is simple: money.
Topics: Guest Post
Posted by Conor Gallagher at 5:00 am | 21 Comments »
Book Review: How Much Can Animals Really Communicate?
In “Why Animals Talk,” zoologist Arik Kershenbaum argues that knowing what animals are saying is less crucial than why.
Topics: Guest Post, Science and the scientific method
Posted by Yves Smith at 4:18 am | 18 Comments »
Links 10/13/2024
Topics: Links
Posted by Conor Gallagher at 6:56 am | 232 Comments »
De-risking Downsides
The EU starts a trade war with China. Like the “de-risking” from Russia, the US is once again poised to be the main beneficiary.
Topics: China, Europe, Globalization, Guest Post, Russia, The destruction of the middle class
Posted by Conor Gallagher at 6:00 am | 21 Comments »
The Cash Will Soon Flow
Robbing Africa’s riches to save the climate (and power AI).
Topics: Africa, Commodities, Environment, Global warming
Posted by Conor Gallagher at 5:00 am | 20 Comments »
Gas Crunch Looms as Demand Outpaces Supply Growth
Why a gas price squeeze looks likely.
Topics: Economic fundamentals, Energy markets, Europe, Guest Post
Posted by Yves Smith at 9:25 am | 7 Comments »
Richard D. Wolff & Michael Hudson: Israel’s End-Game Under Netanyahu
Richard Wolff and Michael Hudson discuss Israel as a colonial project in an era where demonizing the natives is no longer a winning propaganda strategy.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 9:07 am | 52 Comments »
Links 10/12/2024
Topics: Guest Post
Posted by Yves Smith at 6:55 am | 195 Comments »
2:00PM Water Cooler 10/11/2024
~ Today’s Water Cooler: Politics, syndemics; Friday’s charts: RCP averages (good week for Trump); Covid (XEC has entered the chat); What, again, was Kamala thinking?! Boeing files unfair labor practice charge with NLRB against machinists (wowsers) ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 142 Comments »
Economic Models Ignoring “Look Out the Window” Climate Change Effects
Supposed forecasting mavens are simply ignoring the real economy effects, like poor harvests, of climate change.
Topics: Dubious statistics, Economic fundamentals, Global warming, Guest Post
Posted by Yves Smith at 10:55 am | 21 Comments »
Links 10/11/2024
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 196 Comments »
Norway, One of World’s Most Cashless Economies, Just Made It A Lot Easier to Pay With Cash
Recent trends and developments in Northern Europe suggest the shift away from cash and toward purely digital payment systems may have reached its upper limits — at least for now.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 8 Comments »