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Will Coronavirus End the Fed?
Will Coronavirus End the Fed? September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into the repurchasing (repo) market. This is the market banks use to make short-term loans to each other. The New York Fed acted after interest rates in […]
Overreacting to coronavirus? The perverse logic of panic during a potential pandemic
Overreacting to coronavirus? The perverse logic of panic during a potential pandemic The best time to panic, that is, overreact to a potential pandemic is shortly after a novel pathogen has been detected. So say famed student of risk, Nassim Nicholas Taleb, author of The Black Swan, and his colleagues. Of course, at that point, by definition few […]
Answers
Answers The year is 2020. A new virus is spreading across the planet like a wildfire. More lethal than the flu, highly contagious with no cure. Stocks markets collapse, global economies are shutting down with billions of people quarantined to their homes and millions losing their jobs overnight. What do you do? What DO you […]
Dr. Fauci: “We’re Going To Have Millions Of Cases” And “Between 100K & 200K Deaths”
Dr. Fauci: “We’re Going To Have Millions Of Cases” And “Between 100K & 200K Deaths” The last time Dr. Anthony Fauci did the Sunday Shows a few weeks back, he achieved a vaunted Washington milestone by doing all five network and cable Sunday shows – NBC, ABC, CBS, Fox News & CNN – in one […]
West Faces “Social Bomb” As Pandemic Sparks Unrest Among Poorest
West Faces “Social Bomb” As Pandemic Sparks Unrest Among Poorest The next phase of the COVID-19 pandemic could be a flare-up of social unrest across major Western cities as millions have lost their jobs, economies have crashed into depressions, and the military is being called up to maintain order. The Federation of Red Cross and Red Crescent Societies (IFRC) […]
Russia To Close All Borders Monday After Banning International Flights
Russia To Close All Borders Monday After Banning International Flights Though official numbers of confirmed coronavirus cases out of Russia have remained comparatively low to other large countries, there’s alarming signals coming out of the country of some 150 million people that authorities understand the true numbers to in reality be much higher. Russia will “temporarily” initiate […]
Trump Weighs “Enforceable” Quarantine Order For Greater New York, Including Conn. & NJ: Live Updates
Trump Weighs “Enforceable” Quarantine Order For Greater New York, Including Conn. & NJ: Live Updates Summary: Global case total tops 600k Japan fast-tracks approval of treatment drug for COVID-19 Third UK minister self-quarantines after showing symptoms of virus Trump weighing enforceable quarantine order for all of greater NY area Trump tells NBC reporter that quarantines […]
Global Pandemic Response Handing Governments Sweeping Powers They May Never Relinquish
Global Pandemic Response Handing Governments Sweeping Powers They May Never Relinquish While the response to the coronavirus pandemic have ranged from mocking the disease (such has Brazil’s Bolsonaro) to physically sealing people inside of apartment buildings in China, governments are deploying an array of legislative and technical measures to track and control citizens during the outbreak which has […]
The Pandemic Armchair Philosophy Blog, 03.26.2020
The Pandemic Armchair Philosophy Blog, 03.26.2020 It may sound paradoxical, but philosophers have proved useful in times of collapse and rebuilding. Some of the greatest works in philosophy–at least in terms of their longevity and influence–were written in and during such times.1 (More on this below.) Alfred North Whitehead, one of those philosophers writing in […]
All The Craziest Things About America Are Being Highlighted By This Virus
All The Craziest Things About America Are Being Highlighted By This Virus “Corona is a black light and America is a cum-stained hotel room,” comedian Megan Amram colorfully tweeted a couple of weeks ago. Her observation has only grown more accurate since. The corporate cronyism of America’s political system has been highlighted with a massive kleptocratic multitrillion-dollar corporate bailout of […]
UK Prime Minister Boris Johnson Tests Positive For COVID-19 As Russia, Hungary Expand Lockdowns: Live Updates
UK Prime Minister Boris Johnson Tests Positive For COVID-19 As Russia, Hungary Expand Lockdowns: Live Updates Summary: Boris Johnson tests positive US stock futures turn lower after 3-day rebound Global case total nears 538k US case total nears 86k, with ~1300 deaths China border closure begins 1 in 10 Americans say they know somebody with […]
The Pandemic Is Accelerating the Breakdown That Began a Decade Ago
The Pandemic Is Accelerating the Breakdown That Began a Decade Ago The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion. In eras of confidence and certainty, people save less and spend more freely. When we’re confident that good times are not only here […]
How Does Pandemic Change the Big Picture?
How Does Pandemic Change the Big Picture? As of 2019, the Big Picture for humanity was approximately as follows. Homo sapiens (that’s us), a big-brained bipedal mammal, had spent the Pleistocene epoch (from 2.5 million years ago until 12,000 years ago) developing its ability to control fire, talk, paint pictures, play bone flutes, and make tools and clothes. Language […]
Coronavirus: Listening To (And Rebutting) The Critics
Coronavirus: Listening To (And Rebutting) The Critics There a new campaign to convince us covid-19 “isn’t as bad” as we’re expecting All through February and into early March, the media was awash with headlines that scoffed “Don’t worry — it’s just the flu”. While most of those news outlets have pivoted and are now more […]
US Reports Largest Jump In New Cases, Deaths As “Apocalyptic” Surge Rocks Hospitals In New York, New Orleans: Live Updates
US Reports Largest Jump In New Cases, Deaths As “Apocalyptic” Surge Rocks Hospitals In New York, New Orleans: Live Updates President Trump’s hurried demands to get the nation “back to work” before Easter probably couldn’t come at a worse time. Across the US, but mainly in a handful of ‘hot spots’, most notably New York […]



