News — At The Edge — 4/11

Report: The Trump administration didn’t order ventilators or masks until mid-March —

Trump says to governors, ‘I’d like you to do us a favor, though’ —

This is just the first in a series of cascading crises —

  • The first phase has been the health-care crisis in the world’s major economies.
  • The next phase is the economic paralysis….
  • [Then] danger of countries defaulting…[and] economies…[that] provide the money and guarantees for bailouts and support…are themselves underwater….
  • Next come the explosions in the developing world…[who] are cash-strapped…[loosing] tax revenue…[and] need for large new subsidies, could easily tip them into…Depression….
  • [Next] oil states…[since] demand has collapsed and will not soon recover….
  1. It is awash in debt — government and private. With a total global gross domestic product of $90 trillion, public and private debt add up to $260 trillion…[and] U.S. and China…debt-to-GDP ratios of 210 percent and 310 percent, respectively….
  2. [Now] global cooperation has collapsed and the traditional leader…the U.S., has abandoned that role….[Absent] coordinated effort, countries such as Iraq and Nigeria will explode, which will likely mean the spread of refugees, disease and terrorism…

Moderate social distancing yields $8 trillion in economic benefits, study finds —

On pandemics as idiot plots

Rulings on Wisconsin Election Raise Questions About Judicial Partisanship —

Georgia’s GOP House Speaker says vote-by-mail system would be ‘devastating to Republicans’ —

Trump, Dems clash on boosting mail-in voting during pandemic —

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