Economy · August 3, 2022

Link 03/08/2022 | naked capitalism

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Key lime pie fans snubbed the Wall Street Journal (David L)

Three Bear Cubs Blow Up in a Backyard Hammock Animal Rescue (David L)

Invite hippos to join the Guardian World’s Most Endangered Animal List. Resilc: “Everything on this planet is in danger, the hippos line up”.

Warmer summers mean Florida turtles are mostly born to Reuters females (ma0

How those Rice Paddy Art farmers nail the core of perspective77

US nuclear regulator gives green light to its first small modular New Atlas reactor (David L)

How should we evaluate progress in AI? Metarationality (David L)

ScienceDirect Burger Throwing Math (Dr. Kevin)

Poliomyelitis: virus found in BBC New York City suburb sewage (David L)


Science / Medicine

Further variants of SARS-CoV-2 and intermittent outbreaks could become the “new normal” (Kevin W)


Long COVID is sidelining millions of workers from their NPR job (resilc)

Biden’s COVID is back. Is it Paxlovid’s fault? Atlantic (resin). Department of “duh”.


Climate / Environment

Scientists say it’s time to prepare for human SWNS extinction (but)

Heatwaves and Floods: Why US Infrastructure Can’t Withstand Extreme Weather Axios


Since the beginning of the week, still relevant:

How China averted the Soviet-style collapse of NAMEA

Alibaba stock slides in Hong Kong after US CNN delisting threat (Kevin W)

After Pelosi

Nancy Pelosi ensures that China Taiwan visits a part of the bachelorette party that did not plan the onion

Live: China responds to Pelosi’s visit to BBC Taiwan. China basically said there were much better retail routes than blocking their visit. Scroll to: Drills have the potential to become a real crisis:

The announcement of six major exclusion zones around Taiwan, starting on Thursday and lasting four days, has the potential to turn it into a full-scale crisis …

This time three of the six zones intrude into Taiwan’s 12-mile limit. This is unprecedented.

Taiwan’s Ministry of Defense has already called the move a violation of UN conventions and said it amounts to an air and sea blockade against the island.

If China were to move ships or planes to those areas, it would pile up and invade Taiwan territory. This makes the stakes much higher than Taiwan may feel obligated to defend its territorial waters.

Pelosi’s trip to Taiwan is just the beginning of US headache Bloomberg (furzy)

OK, let’s cut the shit … Andrei Martyanov. Important. Recall that Martyanov, in addition to having written three highly regarded books on the military decline of the United States, also has, as he puts it, an advanced degree in the sinking of the United States Navy. Note that China basically prepared to lose in this meeting. Martyanov also suggests that China may feel it needs to step up.

While Pelosi’s visit to Taiwan looms, Menendez’s bill would be “good” A Chinese policy Responsible Statecraft (resilc)

China’s countermeasures against Pelosi’s visit to Taiwan will not be a one-off: Global Times Global Times editorial

China’s CATL delays American plans as Pelosi visits Taiwan Bloomberg. Tesla and Ford batteries.

Cursed Old Man

Alien vs Predator vs Sunak vs Truss: Can you spot the quotes? daily mush

Liz Truss’s Plans to Cut Public Sector Wage Leave Tory Mayor “Speechless” Guardian (resilc)

Jacob Rees-Mogg: I was wrong to say that Brexit would not cause Dover Guardian delays

In Latin America, synthetic drugs are becoming more popular than cocaine and marijuana DW (resilc)

New war not so cold

The war in Ukraine is losing its splendor. Where is the lady with the lamp? Indian Punchline (Kevin W)

Russian Foreign Ministry announced the end of the era of constructive cooperation with Western international affairs (via machine translation)

Ukraine – Mines, missiles, war crimes and a warning in Zelenski Moon of Alabama

Scholz visits the Nord Stream turbine undergoing maintenance in Canada, without saying anything that prevents it from being shipped to Russia – reports Interfax. This is surreal. Scholz appears to have made a special trip to visit a high-value prisoner.

The hidden truth about the war in Ukraine Jacques Baud, The Postil (guurst). I hate it when I find that I don’t know any critical parts of the background:

On January 20, 1991, before the independence of Ukraine, the Crimeans were invited to choose by referendum between two options: stay in Kiev or return to the situation prior to 1954 and be administered by Moscow…. 93.6% of Crimea agreed to be assigned to Moscow….

On February 26, 1992, the Crimean parliament proclaimed the “Republic of Crimea” with the agreement of the Ukrainian government, which granted it the status of an autonomous republic. On May 5, 1992, Crimea declared its independence and adopted a Constitution….

…. On March 17, 1995, it [Ukraine] forcibly abolished the Crimean Constitution. He sent his special forces to overthrow Yuri Mechkov, president of Crimea, and effectively annexed the Republic of Crimea, thus triggering popular demonstrations for Crimea’s attachment to Russia. An event little reported by the Western media.

Stopping gas in Russia would cause a 2009-style crash, according to Commerzbank Bloomberg

US slaps sanctions on Russian businessmen, heads of TASS-free Ukrainian regions. Continuing to scrape the bottom of the barrel.


Hezbollah’s drones: no more safe skies for Israel the Cradle (spud)

Spiritual Union: Why Gulf Migrants Turn to the Evangelical Christianity Guardian

Is the ice starting to melt between the US and the Taliban? Responsible state (resilc)

Big Brother is watching you watch

Meta was sued for providing US hospitals with a data-tracking tool that would end up leaking patient information to Facebook Business Insider

Ring offers video to police without warrant or consent from user Bruce Schneier (David L)

Imperial collapse clock

Zoltan Pozsar: “Welcome to the war economy” Heisenberg Report (resilc)

Henry Kissinger: The lie of a warmonger continues to fight back

Reviving the Petroleum Administration for War: A Case for Government-Industria Partnership War on the Rocks (resilc). MBA thinking

Rashida Tlaib wins Michigan primary despite pro-Israel spending Al Jazeera (resilc)


The Kansas Abortion Shocker Atlantic (furzy)

Kansas votes to preserve abortion rights protection in its New York Times constitution (Kevin W)

Georgians can claim an embryo as dependent on The Hill (resilc) tax returns

Religious leaders denounce Florida abortion law signed by Ron DeSantis Washington Post (furzy)

Sandy Hook’s parents testify to the “hell” that Alex Jones inflicted on them through the lies about the CNN (furzy) shooting. How did Jones end up on the wrong side of a defaulting judgment?

Supply chain / inflation

Port of New York and New Jersey Add Taxes for Shipping Carriers as Containers Pile CNBC (Kevin W)

With rising inflation, more and more Americans are living from salary to salary CNBC (resilc)

The energy bills of British households will be at “devastating” levels until “at least 2024” Financial Times

Four dead in South Africa protests over high energy costs Al Jazeera (resilc)

US factories are growing at the slowest pace in two years, ISM notes. New orders fall in bad luck again on MarketWatch (spud). This is what happens when you instruct the Fed to hit inflation which results practically 100% from things the Fed cannot influence.

Stephen King says “consolidation is detrimental to competition” in testimony to Penguin Random House-Simon & Schuster Deadspin (furzy) antitrust trial

No, delinquencies and automatic repos are not “exploding”: they have risen from record lows and are still historically low Wolf Richter

class warfare

The next wave of opioid overdoses “will be worse than ever” ScienceBlog (Dr Kevin)

I hate, but don’t look: reportage from the other side Matt Taibbi (EM). Since the end of last week, we may have missed it …

Antidote of the day (Chet G):

And a bonus (gourst):

See Yesterday’s Link and Antidote du Jour here.

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