GLEANINGS FROM THE PASSING SCENE … (Politically Uncorrected)

alfred_e-_neumannThe current batch:

The economy: Farmers dumping milk, eggs as pandemic freeze drops demand (Report)

More economy: Why a restart post shutdown will disappoint (Article)

The pandemic: Some 90% of hospitalized patients have underlying health issues (Report)

The economy: What’s coming and why, in gruesome detail (Article)

More economy: There’s no going back (Article) (Recommended)

Still more economy: J.P. Morgan hiking mortgage standards, expecting massive defaults (Article)

The pandemic: S. Korea to send U.S. 600 k virus test kits Tuesday? (Report)

More pandemic: Some useful, little reported numbers (Report) (Recommended)

Still more pandemic: U.S. support, Chinese lab and a warning from the U.S. State Dept (Article)

The world economy: A snapshot of impending collapse? (Article)

The war on cash: A jaundiced view? (Article)

The economy: Significant U.S. airline files bankruptcy (Article)

More economy: Over 25% of Michigan workforce has filed for unemployment? (Article)

Still more economy: J.C. Penney filing bankruptcy? (Article) Neiman Marcus, too (Article)

Cell phones: Service anywhere and everywhere (Article)

Surveillance: Apple/Google promise to limit access to pandemic tracing tech (Report) (Uh Huh)

British marriage rate drops to lowest in recorded history (Report)

The pandemic: State/local governments running out of operating cash? (Article) (No Fed play money?)

Science: Crops were farmed in the Amazon 12,000 years ago (Article)

The economy: A quick peek at the Great Depression (Article)

The banks: A description of the insides of financial “Whited Sepulchres”  (Article)

U.S. small business: Attacked in pandemic “Aid” from Congress (Article)

Chicago: 3 dead, 19 wounded in weekend shootings (Report)

A naked woman was arrested entering New Orleans airport (Report)

There, you  have it.

 

EDITORIAL:         A Short, Unhappy List of Post-Pandemic Predictions

 

(The accuracy of the listed predictions will be visible by June, 2021.)

  1. The pain of the post-stasis economic reconstruction will dwarf that of the pandemic.
  2. The pandemic-related increase of government supervision of citizens’ lives will outlive the pandemic.
  3. The governmental responses to the pandemic will be seen as excessive on a cost/benefit basis.
  4. The pandemic will run much the same course as likely would have occurred without government interference but with an extended time base.
  5. The economic destruction will be attributed to the pandemic, not to the political mismanagement of recent decades that was its actual cause.
  6. The world financial system that will replace the present one will be worse (more politicized) than the present relic.
  7. The post-pandemic U.S. healthcare system will serve an increased number of people with a decreased standard of care, particularly for the elderly.

It will be very nice to be wrong … Om mani padme hum …

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
This entry was posted in Economics, Goverrnment, Politics, Uncategorized and tagged . Bookmark the permalink.

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