John Cassidy writes about the danger of a looming debt blowout in the U.S. economy that may result from the coronavirus pandemic and the resulting economic shutdown, which has prompted sudden freeze in investment that had girded the recent ballooning of corporate debt.
from Everything https://www.newyorker.com/business/currency/the-coronavirus-is-exposing-wall-streets-reckless-gamble-on-bad-debt
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Kim Jong-un: fragile and under pressure but he won’t give up
The Observer The North Korean leader’s surprise freeze of his nuclear programme is less a genuine move than a diplomatic manoeuvre,...
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