https://www.rand.org/pubs/working_papers/WRA516-1.html
https://www.washingtonpost.com/opinions/2020/11/11/chinese-communist-party-just-showed-jack-ma-rest-us-whos-boss/
https://finance.yahoo.com/news/ray-dalio-on-changing-world-order-and-rise-of-china-213141716.html
https://medium.com/the-ascent/warren-buffetts-recent-explanation-of-how-money-now-works-is-the-most-important-in-history-2e45461a5969
https://interconnected.blog/jack-ma-bund-finance-summit-speech/
https://www.wsj.com/articles/the-wildly-popular-trades-behind-the-markets-swoon-and-surge-11599989400
Is Plastic Recycling A Lie? Oil Companies Touted Recycling To Sell More Plastic
https://www.npr.org/2020/09/11/897692090/how-big-oil-misled-the-public-into-believing-plastic-would-be-recycled
http://www.oecd.org/education/The-economic-impacts-of-coronavirus-covid-19-learning-losses.pdf
https://www.nytimes.com/interactive/2020/07/23/magazine/climate-migration
New Report: Tech Could Fuel an Age of Freedom—or Make Civilization Collapse
https://www.nytimes.com/interactive/2020/09/02/magazine/food-insecurity-hunger-us
https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/caitlinlong/2019/09/25/the-real-story-of-the-repo-market-meltdown-and-what-it-means-for-bitcoin/amp/
Spending to combat coronavirus fallout has lifted government debt to levels not seen since WWII among advanced economies. Cutting it will be a lot harder this time.
https://www.wsj.com/articles/coronavirus-lifts-government-debt-to-wwii-levelscutting-it-wont-be-easy-11598191201
https://www.washingtonpost.com/local/coronavirus-unemployment-delays-dc/2020/08/01/50016264-c522-11ea-8ffe-372be8d82298_story.html
Zambia was a model in Wall Street’s rush to issue debt for the poorest nations. Now it’s a case study in how debt load left developing economies ill-prepared for Covid-19.
https://www.wsj.com/articles/covid-coronavirus-developing-nation-africa-debt-crisis-11595455147
What capitalism urgently needs is a new, more focused approach to government intervention, writes Ruchir Sharma—one that will ease the pain of disasters but then leave economies free to grow on their own.
https://www.wsj.com/articles/the-rescues-ruining-capitalism-11595603720
With some 25 million Americans set to lose $600 a week in jobless payments July 31, Congress must decide whether they are a vital boost to the economy, or are keeping people from going back to work
https://www.wsj.com/articles/as-600-a-week-jobless-aid-nears-end-congress-faces-a-quandary-11595151000
Since 1980, the incomes of the very rich have grown faster than the economy. The upper middle class has kept pace with the economy, while the middle class and poor have fallen behind.
https://www.nytimes.com/2019/02/24/opinion/income-inequality-upper-middle-class
https://www.militarytimes.com/education-transition/2020/06/30/majority-of-military-families-say-they-lack-support-upon-transitioning-out-survey-finds/
https://www.nytimes.com/2020/06/29/technology/working-from-home-failure
New Report: Tech Could Fuel an Age of Freedom—or Make Civilization Collapse
https://diff.substack.com/p/lemonades-s-1-solving-the-market
https://marker.medium.com/how-robinhood-convinced-millennials-to-trade-their-way-through-a-pandemic-1a1db97c7e08
https://www.nytimes.com/2020/06/25/opinion/corporate-profit-sharing-inequality
http://umich.edu/~thecore/doc/Friedman.pdf
Friedman – Companies – Increase Profits – New York Magazine – 1979
https://www.nytimes.com/2020/06/24/opinion/income-wealth-inequality-america
Over the past four decades, American workers have suffered a devastating loss of economic power, manifest in their wages, benefits and working conditions. The annual economic output of the United States has almost tripled, but, with the help of policymakers from both political parties, the wealthy hoarded the fruits.
In the nation’s slaughterhouses, the average worker in 1982 made $24 an hourin inflation-adjusted dollars, or $50,000 a year. Today the average meatpacker processes significantly more meat — and makes less than $14 an hour.
The hundreds of thousands of home health care aides, often female, often minorities, who care for a nation of aging baby boomers rarely receive paid time to care for their own families.
Even in the high-flying technology sector, companies have found ways to leave their workers behind. More than half of the people who work for Google do not actually work for Google. They are classified as contractors, which means they do not need to be treated as employees.
Bump ’n Grind coffee shop spent less on beans last year than on the interchange fees that enable cashless payments
https://www.nytimes.com/2020/06/23/technology/square-jack-dorsey-pandemic-withholding
https://www.nytimes.com/2020/06/18/dining/padma-lakshmi-taste-the-nation
https://blog.asmartbear.com/quotes-startup-founders
https://medium.com/concoda/this-is-what-happens-to-markets-when-you-print-trillions-of-dollars-615574dac796
https://www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/
https://www.nytimes.com/2020/06/17/upshot/coronavirus-spending-rich-poor
COVID Small Business Relief – Govt Distribution of taxpayer money
https://popular.info/p/the-500-billion-black-box
“You get the money. You’ll get it the same day.” Promises of forgivable loans to small businesses hurt by lockdowns failed many that needed them.
https://www.wsj.com/articles/ppp-small-business-loans-left-behind-many-of-americas-neediest-firms-11592407677
Airline Economics
United said it expects to slow its cash burn rate to $40 million a day in the second quarter and $30 million a day in the third quarter, as demand for travel has started to show signs of improvement. Still, the airline expects June revenue to be down 90% from a year ago and July revenue to be down as much as 88%.
Loyalty programs are a rich vein for airlines to secure cash. Co-branded credit cards associated with the programs essentially allow carriers to book revenue from a slice of all customers’ spending. That comes in handy at times like this, when bookings have nearly dried up, but customers continue to use airline-branded cards for other purchases. United said its MileagePlus program generates over $5 billion in cash a year.
https://www.wsj.com/articles/united-to-put-up-frequent-flier-program-for-5-billion-loan-11592227825
Volatility Trading
https://www.wsj.com/articles/volatility-is-everywhere-the-market-tactic-thats-driving-stocks-haywire-11591977978
https://www.fastcompany.com/90506227/how-covid-19-has-changed-investing-according-to-vcs-at-sequoia-insight-forerunner-500-startups-and-more