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Worse Than 2008? We're Being Warned That The Shutdown "Could Collapse The Mortgage Market"

The cascading failures that have been set into motion by this “coronavirus shutdown” are going to make the financial crisis of 2008 look like a Sunday picnic...

  • Apr 7, 2020 2:05 PM

Paris Bans Exercise As Lockdown Tightens

...as Austria announces plans to re-open its economy.

  • Apr 7, 2020 10:59 AM

Rabobank: "There Is Really Only One Headline Today – That PM Boris Johnson Is In Intensive Care"

...there are also key global implications here.

  • Apr 7, 2020 9:00 AM

NYC Restaurateurs Plead With Landlords For Rent Forgiveness And Deferment

Any sort of real rent forgiveness on a broader scale will take government action... but it’s not clear when (or if) it will come to pass

  • Apr 7, 2020 8:25 AM

Some Bad News From JPM: This Is What Happens After We Pass The Virus Peak

"We cannot rule out the possibility that global infection curves propagate secondary waves, shaped similar to seismic aftershocks until a vaccine is broadly available."

  • Apr 7, 2020 5:55 AM

UK Cops Broadcast "Corona Rap" To Make People Stay Inside

"Go stretch your legs but only one time...

Do as we say or you might get a fine..."

  • Apr 7, 2020 5:00 AM

 "We Will Whip You" - Zambian Police Crackdown On Non-Quarantine-Compliant Citizens

"This is law enforcement..." 

  • Apr 7, 2020 4:30 AM

European Union Approves Bugs For Human Consumption

This means that locusts, crickets, grasshoppers, and mealworms may all appear on supermarket shelves by the autumn...

  • Apr 7, 2020 3:00 AM

"Horrifying Global Surge In Domestic Violence" Amid COVID-19 Lockdowns: UN

And in the United States, crime rates have generally dropped off, while calls for domestic disturbances surged.

  • Apr 6, 2020 10:35 PM

'Lives In Danger': Canada Lashes Out After US Blocked Export Of Millions Of N95 Masks

Premier of Ontario said it's like someone telling a relative: “you go starve and we’ll feast on the rest of the meal.”

 

 

  • Apr 6, 2020 10:15 PM

China's Tourist Sites Overwhelmed With Crowds After Emerging From Lockdown

One popular national park over the weekend reached its daily capacity of 20,000 people...

  • Apr 6, 2020 8:55 PM

US Hospitals Face 'Severe' Shortages Of Tests And Protective Equipment: Inspector General

"The level of anxiety among staff is like nothing I’ve ever seen..."

  • Apr 6, 2020 5:35 PM

Food-Banks Warn They'll Soon Run Out Of Food As Economic Suffering Explodes All Over America

What are hungry Americans going to do when the food banks don’t have any more food for them?

  • Apr 6, 2020 5:15 PM

Netanyahu Announces Full Lockdown Of Israel Ahead Of Passover

Starting 4pm Tuesday, police enforced home-confinement geared controversially toward preventing families from traveling for the busy Passover holiday.

  • Apr 6, 2020 4:15 PM

"Immunity Certificates" Are Coming - COVID-Survivors To Get 'Special Passports' Enabling Return To 'Normalcy'

... he has called it a "Covid Pass" for the uninfected who can return to their normal lives. 

  • Apr 6, 2020 2:55 PM

NYC To Bury COVID-19 Victims In Local Parks As Morgues Face "Equivalent Of Ongoing 9/11"

“Trenches will be dug for 10 caskets in a line... The goal is to avoid scenes like those in Italy.”

  • Apr 6, 2020 2:50 PM

For A Glimpse Into Your Dystopian Police State Future, Just Visit Your Local Walmart

Things are really starting to get crazy out there...

  • Apr 6, 2020 2:35 PM

NYT Op-Ed Calls For People To Stop Using Toilet Paper

"You're just never going to get as clean..."

  • Apr 6, 2020 1:43 PM

If Lockdown Is A Needless Over-Reaction, Then Why Did China Lockdown Half Its Economy?

Recall that the initial deaths and related costs are only the first-order effects; policy makers have to consider the second-order effects...

  • Apr 6, 2020 8:45 AM

Cops Break-Up Crowd Of Lockdown-Ignoring Mourners At Brooklyn Rabbi's Funeral

"This is the NYPD. Due to the current health emergency, members of the public are reminded to keep a safe distance of six feet from others..." 

  • Apr 6, 2020 7:25 AM

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