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Tag Archives: viral pandemic
Coronavirus is bad: The economic fallout may be more deadly
Coronavirus is bad: The economic fallout may be more deadly The immediate impacts of the Coronavirus worldwide and in the United States is horrific but the economic fallout after this pandemic ends may be more deadly. Economic Fallout Caused By Coronavirus Will Be Far Worse But the economic fallout and resulting impact on our fragile just-in-time supply-chain […]
Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest
Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest That’s a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression. Could the stalled economy we’ve inflicted on ourselves in our frantic efforts to battle the COVID-19 pandemic lead […]
Atlas Is Shrugging
Atlas Is Shrugging “Government help to business is just as disastrous as government persecution… The only way a government can be of service to national prosperity is by keeping its hands off.” – Ayn Rand Congress has just approved an economically bloated $2.2 trillion spending relief bill, an amount more substantial than the GDP of all […]
“This Could Turn Violent” – Italian Officials Fear South Turning Into A Powder Keg
“This Could Turn Violent” – Italian Officials Fear South Turning Into A Powder Keg Signs of social unrest in major Western cities could be developing over the next few weeks, and as we previously warned last Friday, a global depression with high unemployment could unleash a “social bomb” in European countries and or North America. […]
Retailers Prepare For Civil Unrest; Boarded-Up Stores Seen From SoHo To Beverly Hills
Retailers Prepare For Civil Unrest; Boarded-Up Stores Seen From SoHo To Beverly Hills High-end stores across the country have been boarding up their stores in anticipation of civil unrest due to the Chinese coronavirus pandemic. In Beverly Hills, the Pottery Barn and West Elm stores near Rodeo Drive were spotted with boards across the windows […]
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 […]
Nafeez Ahmed on Synchronous Failure and Post-Pandemic Systems Change
Nafeez Ahmed on Synchronous Failure and Post-Pandemic Systems Change As the pandemic grows, governments and communities are not only struggling to minimize loss of life and protect our fragile healthcare and economic systems, they are wrestling with questions about how we can recover when this storm eventually passes. But how many people are thinking about […]
The Post-Coronavirus World Will Be Far Worse Than the Pre-Coronavirus World
The Post-Coronavirus World Will Be Far Worse Than the Pre-Coronavirus World Signs, especially in the United States, are that the post-coronavirus-plagued world will have even more inequality of wealth, within each nation, than existed prior to the plague. Billionaires are demanding to be included in the bailouts by their governments; and, because billionaires financed the […]
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 […]
Destroying the Economy is not a Social Policy
Destroying the Economy is not a Social Policy The economy is the heart of the social body. If we shut down the heart of an organism to safeguard the hands and brain, the body dies. The data on deaths and infected from the Covid-19 coronavirus epidemic is alarming. Let us remember the deceased, the infected […]
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 […]
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) […]
The Propaganda of Terror and Fear: A Lesson from Recent History
The Propaganda of Terror and Fear: A Lesson from Recent History The ongoing and unfolding reactions to the Corona Virus look set to have wide-ranging and long-lasting effect on politics, society and economics. The drive to close down all activities is extraordinary as are the measures being promoted to isolate people from each other. The […]
Don’t Look Now But The People Responsible For The World’s Food Supply Are Starting To Get Sick
Don’t Look Now But The People Responsible For The World’s Food Supply Are Starting To Get Sick Sanderson Farms, a large poultry manufacturer and Smithfield Foods, the world’s largest pork producer, have both reported their first couple of positive cases of coronavirus. This raises the obvious question: what happens when people critical to the world’s food […]
“Unprecedented Decline” – The Collapse In World Trade Is A Once In A Generation Shock
“Unprecedented Decline” – The Collapse In World Trade Is A Once In A Generation Shock COVID-19 is expected to produce a global recession depression as nearly all of the world’s major economies have ground to a halt between February and March, expected to continue through April. The crash in China’s economic activity, shown last month, suggests that Europe […]
