Showing posts with label crash. Show all posts
Showing posts with label crash. Show all posts

Friday, February 6, 2026

Flawed economic models mean climate crisis could crash global economy, experts warn

Recovery would be far harder than after the 2008 financial crash, they said, as "we can't bail out the Earth like we did the banks". 

As the world speeds towards 2C of global heating, the risks of extreme weather disasters and climate tipping points are increasing fast. But current economic models used by governments and financial institutions entirely miss such shocks, the researchers said, instead forecasting that steady economic growth will be slowed only by gradually rising average temperatures. This is because the models assume the future will behave like the past, despite the burning of fossil fuels pushing the climate system into uncharted territory...

https://www.theguardian.com/environment/2026/feb/05/flawed-economic-models-mean-climate-crisis-could-crash-global-economy-experts-warn


 

Sunday, November 2, 2025

Here’s How the AI Crash Happens - The Atlantic

The people who are paying attention to this cycle are getting anxious. On a scale from one to 10, the AI-bubble concern is: people posting memes of Christian Bale's character from The Big Short, squinting in disbelief at his computer monitor. If tech stocks fall because of AI companies failing to deliver on their promises, the highly leveraged hedge funds that are invested in these companies could be forced into fire sales. This could create a vicious cycle, causing the financial damage to spread to pension funds, mutual funds, insurance companies, and everyday investors. As capital flees the market, non-tech stocks will also plummet: bad news for anyone who thought to play it safe and invest in, for instance, real estate. If the damage were to knock down private-equity firms (which are invested in these data centers) themselves—which manage trillions and trillions of dollars in assets and constitute what is basically a global shadow-banking system—that could produce another major crash.

https://www.theatlantic.com/technology/2025/10/data-centers-ai-crash/684765/ 


 

Saturday, October 4, 2025

Two Delta planes collide while on the taxiway in New York

Two Delta Air Lines regional jets collided on the taxiway at LaGuardia airport in New York, injuring a flight attendant, damaging a cockpit and tearing off part of a wing in what the airline described as a "low-speed collision"…

https://www.theguardian.com/world/2025/oct/02/two-delta-planes-collide-new-york


 

Saturday, April 5, 2025

Friday, March 21, 2025

‘Deeply concerned’: Crash victims’ families ask DOT not to water down Tesla oversight - POLITICO

The families of several people killed or seriously injured in crashes involving Teslas using self-driving technologies are asking Transportation Secretary Sean Duffy not to allow Elon Musk to influence crash probes or oversight rules...

https://www.politico.com/news/2025/03/19/deeply-concerned-crash-victims-families-ask-dot-not-to-water-down-tesla-oversight-00236890


 

Thursday, January 2, 2025

Wednesday, September 13, 2023

Friday, December 23, 2022

NHTSA initiates two more Tesla crash investigations

Shares of Tesla sank on Thursday after news of the crash investigations. Investors also fear weakening demand for the company's electric cars across the globe...


Friday, November 18, 2022

Economist Nouriel Roubini slams crypto 'con men,' Binance CEO after FTX crash

On a panel hosted by CNBC's Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were "seven Cs of crypto": "Concealed, corrupt, crooks, criminals, con men, carnival barkers," and finally, Binance Chief Executive Changpeng Zhao, known as CZ, who spoke on a prior panel at the same conference...


Friday, July 31, 2020

Professor Richard Wolff: Coming Economic Crash Will be WORSE Than Great ...

Professor Richard Wolff gives his thoughts on new statistics revealing 32% of households have not yet made their full housing payments for July.....

Wednesday, February 26, 2020

Trump repeats Fox claim that falling markets are due to fears of Bernie Sanders, not of pandemic

It has been apparent from the beginning that Donald Trump's only interest in the possibility of a worldwide COVID-19 pandemic is how it might affect the stock market. He publicly ignored it until the point at which the stock market became involved. Now that the markets are cratering, he and his team of thing-sayers have things to say, all of them centered on the notion that, as far as the markets ought to be concerned, everything is fine.....
https://www.dailykos.com/story/2020/2/25/1921951/-Trump-repeats-Fox-claim-that-falling-markets-are-Bernie-Sanders-fault-not-pandemic-fears

Sunday, February 16, 2020

Another Crash Is Coming Unless We Act Now (w/ Richard Wolff)

Professor Richard Wolff has some good news and some not so good news about the economy. The good news is that the next economic crash doesn't have to happen, the bad news is that stopping it won't be as simple some would like it to be.
https://youtu.be/mkWWiYA0Y3I

Thursday, January 16, 2020

Canadian CEO Blames 'Narcissist' Trump for Iran Plane Shoot Down Using Company's Twitter Account

The CEO of a Canadian food company has attacked President Donald Trump's administration over its Iran strategy, suggesting that the president is ultimately responsible for Iran accidentally shooting down a passenger plane outside Tehran last week....

Saturday, December 14, 2019

FAA let Boeing 737 Max continue to fly even as review found serious crash risk

US regulators allowed Boeing’s 737 Max to keep flying even after their own analysis found the plane could have averaged one fatal crash about every two or three years without intervention. ....
https://www.theguardian.com/us-news/2019/dec/11/boeing-737-max-plane-faa-regulators-crash-risk

Saturday, November 16, 2019

Google’s silent Chrome experiment crashes thousands of browsers and angers IT admins - The Verge

Google left thousands of machines in businesses with broken Chrome browsers this week, following a silent experimental change. Business users accessing Chrome through virtual machine environments like Citrix kept seeing white screens on open Chrome tabs, blocking access to the browser and leaving it totally unresponsive. It left many IT admins confused over the problem, as businesses typically manage and control Chrome updates.... https://www.theverge.com/2019/11/15/20966237/google-chrome-white-tab-screen-crash-experiment-it-admins








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