Monday, July 18, 2022
HomeEconomicsLinks 7/18/2022 | naked capitalism

Links 7/18/2022 | naked capitalism


Lambert and I, and many readers, agree that Ukraine has prompted the worst informational environment ever. We hope readers will collaborate in mitigating the fog of war — both real fog and stage fog — in comments. None of us need more cheerleading and link-free repetition of memes; there are platforms for that. Low-value, link-free pom pom-wavers will be summarily whacked.

And for those who are new here, this is not a mere polite request. We have written site Policies and those who comment have accepted those terms. To prevent having to resort to the nuclear option of shutting comments down entirely until more sanity prevails, as we did during the 2015 Greek bailout negotiations and shortly after the 2020 election, we are going to be ruthless about moderating and blacklisting offenders.

–Yves

P.S. Also, before further stressing our already stressed moderators, read our site policies:

Please do not write us to ask why a comment has not appeared. We do not have the bandwidth to investigate and reply. Using the comments section to complain about moderation decisions/tripwires earns that commenter troll points. Please don’t do it. Those comments will also be removed if we encounter them.

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Cat on the lam: Pet caught after weeks on the run at airport ABC

Scotland’s rare seaweed-eating sheep BBC

Hard or soft landing? (PDF) Bank of International Settlements

The Bank of England’s bizarre mortgage decision FT

The Nightmare Scenario For Central Banks TS Lombard

When Austerity Is a Bigger Problem Than Inflation John Authers, Bloomberg

Climate

Hot dry weather leads to numerous wildfires in Europe Wildfire Today. Commentary:

Silurian wildfire proxies and atmospheric oxygen Geology (AL). Earliest evidence of wildfires.

At Peak of Its Wealth and Influence, Arizona’s Desert Civilization Confronts A Reckoning Over Water Circle of Blue

Water protector beats bogus charge, case raises questions about biased law enforcement Healing Minnesota Stories (DCBlogger).

#COVID19

I did a little research below based on this comment by ChrisRUEcon. I’d be interested to see what the Brain Trust thinks. Obviously, I can’t give medical advice. And generally, what seems too good to be true generally isn’t. But this approach, assuming the mechanism proposed to be sound, would seem to be risk-free, low-cost, self-administered, and of potentially great benefit. Big if true! In other words, exactly the sort of no-brainer the medical establishment wouldn’t look twice at. Readers, thoughts?

Disinfection of SARS-COV-2 (COVID-19) in Human Respiratory Tract by Controlled Ethanol Vapor Inhalation combined with Asprin [sic] Journal of Vaccines & Vaccination (ChrisRUEcon). Iranian. From 2020, still germane: “COVID-19 virus contains genetic material Ribonucleic Acid (RNA) packaged in a protein coat called the capsid, which is surrounded by an envelope composed of a lipid bilayer derived from the host cell membrane. Ethyl alcohol is known to inactivate many viruses and constitutes the basis for many hand rubs and disinfectants used in healthcare settings [5] as well as in the general public. In fact, alcohol-based hand rub solutions have been shown to inactivate SARS-CoV-2 in as little as 30 seconds [6,7]. Siddharta et al. [8] also published data on the effective virucidal activity of ethyl alcohol against enveloped viruses, including Zika, Ebola, as well as coronaviruses. As late as the 1950s, inhaled Ethanol was found to be both effective and safe in the treatment of pulmonary edema [9,10] as well as Ethyl alcohol withdrawal [11]. In a recent publication by Shintake [see next link], present in the respiratory tract…. We were able to find out the Clinical recovery time, and the decrease in patients hospital stay, mortality rate and severity. With a few side effects the components have shown high efficiency in the overall treatment…. Given the lack of a proven effective treatment, the proven viricidal efficacy of ethanol, its historical relative safety profile in treatment of other medical conditions, as well as a lack of evidence showing harm in mild to moderate, non-chronic, nonexcessive intake, the hypothesis was proposed that nebulized ethanol may prove beneficial in the treatment of COVID-19.” . Body of article gives self-administration methods.

Possibility of Disinfection of SARS-CoV-2 (COVID-19) in Human Respiratory Tract by Controlled Ethanol Vapor Inhalation (preprint) (PDF) arXiv. From the body: “Viruses such as SARS-CoV-2 and Influenza are lipophilic, enveloped viruses, and are relatively easy to inactivate by exposure to alcohols… The author suggests that it may be possible to use alcoholic beverages of 16~20 v/v% concentration for this disinfection process, such as (1:1 hot water dilution) or Japanese Sake, because they are readily available and safe (non-toxic). By inhaling the alcohol vapor at 50~60°C (122~140°F) through the nose for one or two minutes, it will condense on surfaces inside the respiratory tract; mainly in the nasal cavity.” See Appendix I for dilution ratios.

Development and Characterization of Inhaled Ethanol as a Novel Pharmacological Strategy Currently Evaluated in a Phase II Clinical Trial for Early-Stage SARS-CoV-2 Infection Pharmaceutics. From 2021, still germane. Rat study. From the Abstract: “Inhaled administration of ethanol in the early stages of COVID-19 would favor its location on the initial replication sites, being able to reduce the progression of the disease and improving its prognosis…. Under these conditions of administration, the formulation has proven to be safe, based on histological studies of the respiratory tracts and lungs of rats.” Next: Phase II clinical trial for early-stage COVID-19 patients.

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Association Between BNT162b2 Vaccination and Long COVID After Infections Not Requiring Hospitalization in Health Care Workers (Research Letter) JAMA. n = 2560. From the Discussion: “In this longitudinal observational study conducted among health care workers with SARS-CoV-2 infections not requiring hospitalization, 2 or 3 doses of vaccine, compared with no vaccination, were associated with lower long COVID prevalence. Study limitations include that symptoms and duration were self-reported, and causality cannot be inferred.” Here’s a good popular summary of the issue, including this study: “Getting two or three doses reduced the odds of developing long COVID by 75 and 85 per cent respectively. Receiving a single dose did not.”

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New COVID Vaccines Will be Ready This Fall. America Won’t Be. The Atlantic. Well worth a read. Maybe the real pandemic was the shills we met along the way:

AMA Victoria to call for Royal Commission into AHPRA Insight+. “Imposing restriictions” on “West Australian GP Dr David Berger because of his alleged conduct on Twitter.”

Rising tide of COVID cases curbs Staten Island Ferry runs in New York City ABC7. Well, at least we got rid of the testing.

Monkeypox

The US may be losing the fight against monkeypox, scientists say NYT

China?

How many aircraft carriers does China need? One analyst says at least 6 South China Morning Post

China expedites local government debt issuance to bolster capital of smaller banks Reuters. Commentary:

Socialist paradise:

Pacific Islands are back on the map, and climate action is not negotiable for would-be allies The Conversation

Myanmar

Understanding Myanmar’s Spring Revolution The Diplomat

Myanmar leader shops for support, weapons in Moscow Al Jazeera

Syraqistan

Hezbollah’s power card over Israel’s gas tyranny The Cradle

UK/EU

Prime Minister contenders clash over tax cuts in TV debate International Business Times

EU’s chief executive heads to Azerbaijan in search of gas deal Reuters

New Not-So-Cold War

Zelenskyy wants to replace Ukraine’s top spy after security failures Politico and now Zelenskiy fires Ukraine’s spy chief and top state prosecutor Guardian

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EU keeping sanctions if Ukraine peace signed on Russia terms: Scholz Al Mayadeen

Germany’s Scholz Says EU Can No Longer Afford National Vetoes Radio Free Europe

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Putin is already at war with Europe. There is only one way to stop him Simon Tisdale, Guardian

The Imaginary War Patrick Lawrence, Consortium News

Switzerland, Playground of Russian Oligarchs, Emerges as Sanctions Weak Link WSJ

Biden Administration

The Pitchforks Aren’t Coming Stephanie Kelton, The Lens

Supply Chain

Don’t jinx it: Supply chains are starting to get back to normal Los Angeles

Storage hubs, ship transfers create tracking difficulties for Russian-origin barrels: analysts Hellenic Shipping News

Shortages

Computer chips face toilet paper hoarding moment as shortage turns to glut Reuters. Commentary:

The Bezzle

Crypto collapse: 3AC, Voyager, Celsius, and other DeFi casualties Amy Castor. “You didn’t lose money in the crash — you lost your money when you bought crypto.”

Leaked emails: Crypto exchange Coinbase is ‘temporarily shutting down’ its US affiliate-marketing program Business Insider

Inside Celsius: how one of crypto’s biggest lenders ground to a halt FT. “A reckless pursuit of high returns.” Well, I never.

Celsius Bankruptcy Filing Shows Long Reach of FTX’s Sam Bankman-Fried Bloomberg

Crypto Crash Stalls WeWork Founder Adam Neumann’s Climate Venture WSJ

Gunz

Company that sold Tops gunman body armor left controversial digital trail Buffalo News

Police State Watch

“Systemic failures” in Uvalde shooting went far beyond local police, Texas House report details Texas Tribune. The deck: “In total, law enforcement officers descended upon the school, according to the most extensive account of the shooting to date.” The obvious solution is to give cops more money.

Realignment and Legitimacy

Unsatisfactory Musings on the Rise of the Neoliberal Order Brad DeLong. The deck: “Trying to come to grips with the fact that post-World War II Global North social democracy failed its sustainability test.” Did it fall, or was it pushed?

Imperial Collapse Watch

With Few Able and Fewer Willing, U.S. Military Can’t Find Recruits NYT. “In recent years, the Pentagon has found that about 76 percent of adults ages 17 to 24 are either too obese to qualify or have other medical issues or criminal histories that would make them ineligible to serve without a waiver.”

The Anarchy by William Dalrymple review – the East India Company and corporate excess Guardian

Class Warfare

Alabama Wants To Use $400 Million In Covid Funds To Build New Prisons I Hate It Here And Never Want To Leave (DCBlogger).

Antidote du jour (via):

See yesterday’s Links and Antidote du Jour here.



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