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HomeEconomicsLinks 7/21/2022 | naked capitalism

Links 7/21/2022 | 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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How do you move 250 elephants to their new home? Very carefully NPR

Polar bears scavenge on garbage to cope with climate change Reuters

Meet the Giant Sequoia, the ‘Super Tree’ Built to Withstand Fire Scientific American

The investment drought of the past two decades is catching up with us FT

Comparing the US, Russian, and Chinese real economies, previously undertaken by Andrei Martyanov. Charts:

Pay attention, Europe:

The category I would think about including is (arable) soil.

What to do about the present inflation Joseph Stiglitz, Lars. P Syll and Millions in California to Get up to $1,050 in ‘Inflation Relief’ Bloomberg

Calpers Logs Decade-Worst 6.1% Loss as Stocks and Bonds Dive Bloomberg

Climate

The amount of Greenland ice that melted last weekend could cover West Virginia in a foot of water CNN (Furzy Mouse).

What To Know About The European Heat Wave The Onion (MT).

Shot, chaser:

Let’s Just Talk About The Weather From the Forests of Arduinna

The City’s Inflatable-Dam Handout Is Essentially Useless Curbed. I guess we’ll have to factor that into our personal risk assessments.

John Phipps: Why Can’t the U.S. Figure Out a Way to Move Water From the Great Lakes to the West? AgWeb

The Great Reset Starts with Farms The American Conservative. One solution. The powers-that-be are pushing this hard, too:

#COVID19

COVID-19 pandemic fuels largest continued backslide in vaccinations in three decades UNICEF

Front-Runners in the Race for Variant-Proof and All-Coronavirus Vaccines Hilda Bastian, Absolutely Maybe

A vax-only approach leaves the most vulnerable behind Source New Mexico. Critique of this study.

Vaccine effectiveness of one, two, and three doses of BNT162b2 and CoronaVac against COVID-19 in Hong Kong: a population-based observational study The Lancet. BNT162b2 = Pfizer. From the results: “Two doses of either vaccine protected against severe disease and death within 28 days of a positive test, with higher effectiveness among adults aged 60 years or older with BNT162b2 (vaccine effectiveness 89·3% [95% CI 86·6–91·6]) compared with CoronaVac (69·9% [64·4–74·6]). Three doses of either vaccine offered very high levels of protection against severe or fatal outcomes (97·9% [97·3–98·4]).”

The radical plan for vaccine equity Nature

* * *

There’s an emergency room crisis in Canada and a new wave of COVID-19 is making a dire situation worse MacLeans

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Adapt or die: how the pandemic made the shift from EBM to EBM+ more urgent (PDF) BMJ. “From the Abstract: “Evidence-Based Medicine (EBM) and Randomized Controlled Trials (RCT) have significant limitations when extended to complex questions about a novel pathogen causing chaos across multiple sectors in a fast-changing global context. Non-pharmaceutical interventions which combine material artefacts, human behaviour, organisational directives, occupational health and safety, and the built environment are a case in point: EBM’s experimental, interventionfocused, checklist-driven, effect-size-oriented and deductive approach has sometimes confused rather than informed debate.” See also “The Illusion of Evidence-Based Medicine” at NC.

China?

China’s SMIC Is Shipping 7nm Foundry ASICs SemiAnalysis. “To be abundantly clear, China’s SMIC is shipping a foundry process with commercially available chips in the open market which are more advanced than any American or European company.”

China’s Shenzhen vows to ‘mobilise all resources’ to curb COVID spread Reuters

Xi Faces Surprise Revolt From Chinese Homebuyers on Mortgage Boycott Bloomberg

Rich Chinese Worth $48 Billion Want to Leave — But Will Xi Let Them? Bloomberg

Australia’s COVID hospitalisations at record levels as Labor government rejects safety measures WSWS. I had thought Albanese would inprove on Morrison, but apparently bot.

Why Sri Lanka Imploded Project Syndicate

UK/EU

Liz Truss, comeback kid and ‘Red Rishi’: Is a Brexit-backing Thatcherite too left-wing for the UK Conservatives? Politico. I can’t even.

Mario Draghi resigns after Italian coalition unravels FT

Blessing or Curse? The Rise of Tourism-Led Growth in Europe’s Southern Periphery Journal of Common Market Studies

New Not-So-Cold War

Key Gas Pipeline From Russia to Europe Restarts After 10-Day Break Time. Nordstream 1.

Ukraine Faces Difficulties Getting Western Weapons to Front Lines WSJ

CIA director estimates 15,000 Russians killed in Ukraine war South China Morning Post

A short ethnic history of Ukraine… Yasha Levine. Locked, but the unlocked opener is worth a read.

Vladimir Putin ‘entirely too healthy’ says CIA chief Euronews. Well, er….

Biden Administration

Federal Health Unit Gets New Powers for Pandemic Response Bloomberg. “The Atlanta-based CDC is on the brink of announcing findings from an internal review.”

Biden: Military thinks potential Pelosi trip to Taiwan is ‘not a good idea’ The Hill. Maybe Pelosi needs more ice cream for her freezer?

Why is Biden joining the warpath against Iran? Responsible Statecraft

Democrats en Déshabillé

Congresswoman Karen Bass and the Will to Intervene Black Agenda Report

Democrats’ fears grow about GOP majority’s handling of Ukraine, Russia The Hill

Supply Chain

Maritime Meeting Reveals a New Phenomenon: Alleged Russian Grain Laundering Hellenic Shipping News

Healthcare

Depression ‘is NOT caused by low serotonin levels’: Study casts doubt over widespread use of potent drugs designed to treat chemical imbalance in brain Daily Mail

Police State Watch

Overtime:

Kill it with fire:

Realignment and Legitimacy

Going Beyond the Law The Baffler

Imperial Collapse Watch

Europe Warns of Russian Pressure From Africa Voice of America. From NATO’s updated strategic concept: “NATO’s southern neighborhood, particularly the ‘ East, North Africa and Sahel regions….” It’s a beautiful day in the neighborhoods! See 00:37:

The Great American Military Rebrand Matt Taibbi, TK News

How does the brain decide what memories are good and bad? A new mouse study offers clues STAT

The Finders: A Social Experiment Failed State Update

Antidote du jour (via):

Bonus antidote:

See yesterday’s Links and Antidote du Jour here.

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