Desdemona Despair

Blogging the End of the World™

U.S. Federal deficit as percent of GDP, 2010-2019 and projected to 2025. Total U.S. debt is projected to equal the size of the entire economy in 2020. Graphic: CRFB

U.S. debt to exceed the size of the economy in 2020 – Budget deficits will total more than $3.8 trillion – “At some point, such high and rising deficits and debt levels will prove unsustainable, and corrective action will be needed”

13 April 2020 (CRFP) – The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits. Due to the effects of the crisis and legislation enacted to combat it, debt and deficits will now grow much higher, to never-before-seen levels both in dollars and as a share of Gross Domestic […]

Global real GDP level projected to 2021. The cumulative output loss is expected to reach $9 trillion. Graphic: IMF

IMF: Global economy will suffer worst year since Great Depression – “This is a crisis like no other”

By Paul Wiseman and Martin Crutsinger 14 April 2020 WASHINGTON (AP) – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast. The IMF said Tuesday that it expects the global economy to […]

Aerial view of a field fire burning on 10 April 2020 in the Chernobyl Exclusion Zone in Ukraine. Photo: Volodymyr Shuvayev / Agence France-Presse / Getty Images

Chernobyl wildfires reignite, stirring up radiation

By Maria Varenikova 11 April 2020 VINNYTSIA, Ukraine (The New York Times) – Firefighters have struggled to control wildfires burning through radioactive forest in the abandoned territory around the Chernobyl nuclear plant, where radiation levels are considerably lower than they were immediately after the 1986 accident but still pose risks. Radiation readings near the wildfires, where […]

A pile of ripe squash sits in a field, in Homestead, Florida, 28 March 2020. Thousands of acres of fruits and vegetables grown in Florida are being plowed over or left to rot because farmers can't sell to restaurants, theme parks or schools nationwide that have closed because of the coronavirus. Photo: Lynne Sladky / AP Photo

Coronavirus claims an unexpected victim: Florida vegetables

By Tamara Lush 8 April 2020 PALMETTO, Florida (AP) – Mounds of harvested zucchini and yellow squash ripened and then rotted in the hot Florida sun. Juicy tomatoes were left to wither — unpicked — in farmers’ fields. Thousands of acres of fruits and vegetables grown in Florida are being plowed over or left to […]

Zezico Guajajara, an indigenous teacher and a supporter of the Guardians of the Forest, was murdered on 31 March 2020. He is the fifth Amazon forest protector to be killed in six months. Brazil’s populist President Jair Bolsonaro has drawn intense domestic and international criticism for failing to protect the Guardians’ territory in the eastern Amazon region. Photo: Zezico Guajajara

Amazon land defender Zezico Guajajara murdered – “The loggers are desperate to get rid of the Guardians, targeting them one by one”

2 April 2020 (BBC News) – A member of a protected tribe in the Amazon has been killed by gunmen, authorities in the Brazilian state of Maranhao say. The body of Zezico Guajajara, of the Guajajara tribe, was found near his village on Tuesday. He had been shot. The former teacher was a supporter of […]

Weekly initial claims for unemployment insurance, 1967 - 28 March 2020. More than 6.6 million Americans applied for unemployment benefits last week — a record — as political and public health leaders put the economy in a deep freeze, keeping people at home and trying to slow the spread of the deadly coronavirus. In two weeks, nearly all the jobs created in the past five years have been erased. Data: Labor Department / FRED. Graphic: The Washington Post

More than 10 million Americans applied for unemployment benefits in March 2020 – 20 million Americans predicted to be out of work by July in “best case” scenario – “We’ve never seen anything like this”

By Heather Long 2 April 2020 (The Washington Post) – More than 6.6 million Americans applied for unemployment benefits last week — a record — as political and public health leaders put the economy in a deep freeze, keeping people at home and trying to slow the spread of the deadly coronavirus. The past two […]

Map showing secondary locations of anonymized mobile devices that were active at a single Ft. Lauderdale beach during Spring break 2020, tracked as they went across the U.S. Graphic: Tectonix

Tracking mobile phone location data of Florida beachgoers during Spring break shows potential coronavirus spread

By Jason Murdock 27 March 2020 (Newsweek) – Heat maps created using data from citizens’ mobile devices are demonstrating just how quickly potential novel coronavirus cases can spread throughout the U.S. Location data from U.S. mobile technology company X-Mode is being fed into a mapping platform called Tectonix to analyze human movements during the COVID-19 […]

Locusts swarm in East Africa, 13 February 2020. Video: Channel 4 News / YouTube

East Africa faces dual shock from coronavirus and locust swarms – “My entire life in the world, I haven’t seen something like this before”

By Elliot Smith 23 March 2020 (CNBC) – Already being ravaged by the worst infestation of desert locusts in 70 years, East African economies are now staring down the barrel of the coronavirus pandemic. The region was the standout performer for economic growth in the subcontinent prior to the locust outbreak, which threatens the food security […]

Trump looks on as EPA administrator Andrew Wheeler, a former coal lobbyist, speaks during an event in the Roosevelt Room of the White House on 9 January 2020 in Washington, D.C. Photo: Drew Angerer / Getty Images

EPA suspends enforcement of environmental laws indefinitely at request of petroleum industry – “The EPA uses this global pandemic to create loopholes for destroying the environment”

By Rebecca Beitsch 26 March 2020 (The Hill) – The Environmental Protection Agency (EPA) issued a sweeping suspension of its enforcement of environmental laws Thursday, telling companies they would not need to meet environmental standards during the coronavirus outbreak. The temporary policy, for which EPA has set no end date, would allow any number of […]

Confirmed COVID-19 cases on 26 March 2020 in China, Italy, France, the U.S., South Korea, and Japan. Graphic: Mark Handley / UCL

Coronavirus pandemic could have caused 40 million deaths globally if left unchecked – “Health systems in all countries will be quickly overwhelmed”

By Ryan O’Hare 26 March 2020 (Imperial College London) – The outbreak of COVID-19 would likely have caused 40 million deaths this year in the absence of any preventative measures. This is one of the findings of a new analysis by researchers at Imperial College London, which estimated the potential scale of the coronavirus pandemic […]

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