Think you have it bad? The Reformed Brokerx

ChatGPT Creator in Investor Talks at $29 Billion Valuation WSJ

Automakers are pouring millions into “flying taxis” Axios. Reassuring that stupid money is still around.

Sign of the times? US stocks up on Amgen’s radiation sickness drug Nplate Fierce Pharma (Fred).

Climate

The Most Hopeful Climate Stories of the Year Distilled

How climate change exacerbated the 2021 Henan floods China Dialogue

Extinction Rebellion says ‘we quit’ – why radical eco-activism has a short shelf life The Conversation

China?

China seeks to minimize COVID-19 risk during travel rush AP. I remain baffled by Xi’s timing. The only reason I can think of to end Zero Covid before Chinese New Year’s is mass infection. Is that now the strategy? If so, why Zero Covid in the first place?

China’s CanSino reports ‘positive’ interim data from COVID mRNA booster trial Reuters

EU offers free Covid-19 vaccines to China to help curb outbreak FT

Chinese researchers claim to find way to break encryption using quantum computers FT. Big if true.

Southeast Asia Is Getting Squeezed by America’s Embrace Foreign Policy. “Playing the elephants off against each other is as important as keeping them from fighting.”

#COVID-19

Coronavirus found in samples from 96% of flights WWJ. Wastewater samples taken from 29 flights in Kuala Lumpur.

India finds 11 Omicron subvariants of COVID-19 in international travellers Reuters

SARS-CoV-2 Infection, Hospitalization, and Death in Vaccinated and Infected Individuals by Age Groups in Indiana, 2021‒2022 American Journal of Public Health n = 267,847. From the Abstract: “All-cause mortality in the vaccinated, however, was 37% lower than that of the previously infected. The rates of all-cause ED visits and hospitalizations were 24% and 37% lower in the vaccinated than in the previously infected. The significantly lower rates of all-cause ED visits, hospitalizations, and mortality in the vaccinated highlight the real-world benefits of vaccination. The data raise questions about the wisdom of reliance on natural immunity when safe and effective vaccines are available.” Of course, the virus is evolving, under a (now global) policy of mass infection, so these figures may change. For the avoidance of doubt, I’m fully in agreement with KLG’s views on the ethics of vaccine mandates (“no”). And population level-benefit, as here, is not the same as bad clinical outcomes in certain cases (again, why mandates are bad). As I keep saying, we mandated the wrong thing (vaccines) and didn’t mandate the right thing (non-pharmaceutical interventions). So it goes.

SARS-CoV-2 Omicron subvariants evolved to promote further escape from MHC-I recognition (prepring) bioRxiv. From the Abstract; “Collectively, our data suggest that, in addition to escape from neutralizing antibodies, the success of Omicron subvariants to cause breakthrough infection and reinfection may in part be due to its optimized evasion from T cell recognition.”

More Americans Stay Away from Church as Pandemic Nears Year Three The Roys Report

Endemicity Is Not a Victory: The Unmitigated Downside Risks of Widespread SARS-CoV-2 Transmission COVID. From the Abstract: “ur modeling suggests that endemic SARS-CoV-2 implies vast transmission resulting in yearly US COVID-19 death tolls numbering in the hundreds of thousands under many plausible scenarios, with even modest increases in the IFR leading to unsustainable mortality burdens. Our findings highlight the importance of enacting a concerted strategy and continued development of biomedical interventions to suppress SARS-CoV-2 transmission and slow its evolution.” Not just “biomedical.” Non-pharmaceutical!

New Not-So-Cold War

Victory to Come When Russian Empire ‘Ceases to Exist’: Ukraine Parliament Quotes Nazi Collaborator Haaretz. Bandera.

Putin orders weekend truce in Ukraine; Kyiv won’t take part AP but Biden says Putin trying to find ‘oxygen’ with truce proposal Reuters

Christmas Cease Fire Moon of Alabama

At last, Ukraine gets Western tanks Politico. Pre-postioning for NATO troops when Ukraine runs out of pig farmers and sixteen-year-olds to throw into the meatgrinder?

Ukraine Broadens State Of Emergency, Calls Up Military Reservists Radio Free Europe. Commentary:

Makiivka: Russia blames missile attack on soldiers’ mobile phone use BBC. Nonsense. The officers are responsible for their troops. That’s why there are officers.

Why the HIMARS is so difficult to target Scott Ritter Extra. Good background, but see MoA on counterbattery warfare.

Pro-war Russia enraged over military failings Politico. Telegram.

Biden’s unsentimental foreign policy strategy David Ignatius, WaPo. Revised headline: “Spook cut-out: ‘Stay the course’”

How the Ukraine Crisis Can Be Solved The National Interest. The deck: “It’s time for Washington to consider direct negotiations with Moscow.”

What’s Next: The Long Year 2022 Valdai Discussion Club

“African Labor in the World Community”: CLR James’ Political Economy Internationalist 360°

Dear Old Blighty

Health service and real wage decline: why are we only now talking about trends that began over a decade ago? Mainly Macro

U.S. looks for opportunity in demise of Guaidó, whom it recognized as ‘interim president’ of Venezuela LA Times. Poor Greedo. How embarrassing.

The Importance of Lula’s Presidency in an Increasingly Multipolar World Brasilwire

Bolivia: Spanish, Chilean lawmakers meddled in local affairs AP

Domestic airlines cancel flights to Sinaloa after cartel arrest Mexico News Daily

Republican Funhouse

Becoming House speaker shouldn’t be a cakewalk for McCarthy — or anyone NBC. But:

And:

So this sounds like yet another case of auto-kinbaku-bi, to me, this time bipartisan.

Do We Suspect, To Our Horror, That There May Well Be Some Frankenstein Coalition Created From This Impasse, An Abhorrent Manifestation Of House Rule That America Has Never Witnessed And The American People Have Never Authorized? Defector

Abortion

SC Supreme Court tosses out 6-week abortion ban, leaving it legal through 22 weeks Post and Courier

Our Famously Free Press

How the FBI Hacked Twitter The Tablet

Healthcare

Wastewater surveillance for public health Science. “At a focused spatial scale, wastewater can be used for monitoring at the level of individual or small clusters of buildings to enable reliable detection of even a single infected person (10, 12). Such monitoring is of particular importance to vulnerable communities and high–population density sites, such as health care (e.g., nursing homes) or educational facilities (12), as well as airports, where detection can be acted on to contain pathogen spread.”

The Bezzle

Celsius founder Mashinsky sued for fraud by New York attorney-general FT

“I Heard It Was Safe” The Lever

This is what the future holds for cryptocurrencies World Economic Forum

Tech

Twitter data dump: 200m+ account database now free to download The Register

What to Know About Cellphone Radiation ProPublica

Class Warfare

Get Ready for the Richcession WSJ

‘I’m Working So They Can Hire a Private Jet:’ NYC Uber Drivers Strike Over Blocked Raises NBC

The Future of Industrial Process Heat Austin Vernon

Finding Awe Amid Everyday Splendor NOEMA

Antidote du jour (via):

Bonus antidote:

Double bonus antidote:

This is real work. Catch a cat doing it!

See yesterday’s Links and Antidote du Jour here.

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This entry was posted in Guest Post, Links on by Lambert Strether.

About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.