The Thinking Man’s Guide to Hitting a Moose Outside

The White House says the U.S. is strong enough to avoid a recession but Jeff Bezos and Elon Musk think it’s already too late Fortune

A political backlash against monetary policy is looming FT. The deck: “Defenders of independent central banks must think about their democratic legitimacy.”

Op-Ed: The grocery chain wars prove that the modern supermarket model isn’t sustainable LA Times

Climate

Exceeding 1.5°C global warming could trigger multiple climate tipping points Science. From September, still germane. Handy map:

Emergent phases of ecological diversity and dynamics mapped in microcosms Science. “Using bacterial microcosms, we performed a direct test of theory predicting that simple community-level features dictate emergent behaviors of communities. As either the number of species or the strength of interactions increases, we show that microbial ecosystems transition between three distinct dynamical phases, from a stable equilibrium in which all species coexist to partial coexistence to emergence of persistent fluctuations in species abundances, in the order predicted by theory. Under fixed conditions, high biodiversity and fluctuations reinforce each other. Our results demonstrate predictable emergent patterns of diversity and dynamics in ecological communities.” Hmm.

Wait, why are there so few dead bugs on my windshield these days? WaPo. Late to the game…

Silent Forests: Post-Pandemic Wildlife Consumption Threatens Human and Forest Health Globe_

NYC Still Vulnerable to Hurricanes 10 Years After Sandy Bloomberg

You never miss your water….

#COVID19

A booster is your best shot now Eric Topol, Ground Truths. “At the rate BQ.1.1 is spreading, it will reach dominance (>50%) in the next month.”

What goes around (NL):

More on Walensky’s father, Edward Bersoff, here, here, here, and hagiography here (“The first seeds for the new venture came from the Navy intelligence community, where he had become firmly enmeshed”). Oh gawd, Walensky’s father was a spook. However, a cursory search turns up nothing on a family trust. Readers?

China?

Chinese Markets Tumble as Xi’s Tightening Grip Alarms Investors Bloomberg and Hong Kong Stocks Dive After China Party Meeting WSJ but Chinese Stock Traders Told Not to Disrupt Market Around Communist Party Meeting WSJ. Market Mister was told not to sell for three weeks. Then Market Mister sold three weeks of selling in a day. Prices dropped. Oh, the humanity!

China’s chip imports shrank 13 per cent from January to September as US ratchets up pressure in tech war South China Morning Post

TSMC: the Taiwanese chipmaker caught up in the tech cold war FT

Hidden Harbors: China’s State-backed Shipping Industry CSIS

George Yeo, Singapore Cabinet member for 21 years (!):

Myanmar

Myanmar Is the Leading Edge of Digital Authoritarianism in Southeast Asia The Diplomat

Dear Old Blighty

Sunak will be terrible, and unless Labour changes tack he could win despite that Richard Murphy, Tax Research UK

European Disunion

Eurozone business activity slides faster than feared FT

Marco Pogo: Beer Party founder raises a glass to coming third in Austria’s presidential election Euronews

New Not-So-Cold War

Weapons Shortages Could Mean Hard Calls for Ukraine’s Allies AP

Ukraine War Day #241: Ukraine To Implement NATO Logistics Software Awful Avalanche

Regierung streicht mehrere Rüstungsprojekte im Sondervermögen für die Bundesweh Handelsblatt. I cannot get this to translate, but here is the gist from the not-specially-reliable Visegrád 24:

Lawmakers seek emergency powers for Pentagon’s Ukraine war contracting Defense News. “If the language becomes law, the Department of Defense would be allowed to make non-competitive awards to arms manufacturers for Ukraine-related contracts, an idea spearheaded in legislation from Sen. Jeanne Shaheen, D-N.H.” Stoller: “Solid work everyone.”

Ukraine Latest: Russia Presses Warning of ‘Dirty Bomb’ by Kyiv Bloomberg

Who Blew Up the Nord Stream Pipelines? “Russia, Russia, Russia!” (excerpt) Matt Taibbi, TK News. From the closing paragraphs:

Trade routes, access to energy, and spheres of influence are the stuff that inspires world wars, and the fight over who would get to be the main supplier of European energy is a powerful casus belli. The United States has every right to lobby against the completion of a Russian-German pipeline. To an extent, it even makes some sense that our government would try to dissemble about who’d benefit from sabotage of the pipeline, after the fact.

However, national press going along with the transparent deception is a lot less forgivable. We’re headed toward a major war and not telling the population the reasons for it. New York Times writer David Sanger for instance knows better than to look into a CNN camera and say, hoping to be taken seriously, that it’s “hard to imagine others with a significant motive.” That such an experienced reporter would pretend he didn’t live through ten years of American politicians screeching demands to stop the pipeline tells you the extent to which government and media have merged. There’s no discernible difference now between the Sangers and Chuck Todds of the world and the craggy-faced retired CIA flacks the networks bring on as guests. The media performance on this one was and is as bad as it gets.

“As bad as it gets”? Let’s wait and see.

Where US and Ukrainian Aims Collide Patrick Buchanan, The American Conservative

Despite sanctions, Russian fuel is still selling — here’s who’s buying Vox. Fortune passes everywhere.

Bolsonaro’s Secret Budget: “The World’s Biggest Corruption Scheme” BrasilWire

The Caribbean

The last thing Haiti needs is a foreign military intervention Responsible Statecraft

2022

Biden is ‘worried’ about Ukraine aid if Republicans win Congress Reuters. Pesky Republicans keep giving me reasons to vote for them.

How to Help People Vote in the 2022 Midterm Elections Pro Publica

Our Famously Free Press

Behind TikTok’s boom: A legion of traumatised, $10-a-day content moderators Bureau of Investigative Journalism

Do people learn about politics on social media? A meta-analysis of 76 studies Journal of Communication. From the Abstract: ” A preregistered meta-analysis of 76 studies (N = 442,136) reveals no evidence of any political learning on social media in observational studies, and statistically significant but substantively small increases in knowledge in experiments. These small-to-nonexistent knowledge g]ains are observed across social media platforms, types of knowledge, countries, and periods. Our findings suggest that the contribution of social media toward a more politically informed citizenry is minimal.”

As Russia wages disinfo war, Ukraine’s cyber chief calls for global anti-fake news fight The Register. I’ll bet they do.

The Bezzle

How Binance CEO and aides plotted to dodge regulators in U.S. and UK Reuters

Tornado Cash Is Not Free Speech. It’s a Golem Lawfare

Investment Scam Snares Confederacy-Themed Superhero Movie ‘Rebel’s Run’ The Wrap

Mastercard will help banks offer cryptocurrency trading CNBC

Denis Beau: Between mounting risks and financial innovation – the fintech ecosystem at a crossroads Bank of International Settlements

Boeing

Pontifications: Two sentences described Boeing’s last two years Leeham News and Analysis

Everybody Talks About Made in America. But It Isn’t That Simple. WSJ

Supply Chain

Southern California’s Notorious Container Ship Backup Ends Hellenic Shipping News

Sports Desk

Watch: The Virat Kohli straight six off Haris Rauf that shattered Babar Azam’s hopes and left everyone mesmerised Hindustan Times

Zeitgeist Watch

I pay for things by swiping my hand after having bank card implant put under my skin The Sun

Black Injustice Tipping Point

Soul City: A Black dream killed just as it was coming true Scalawag

Imperial Collapse Watch

Multipolarity:

Guillotine Watch

Luxury: No signs of recession for the global rich The Week (Re Silc). Friends, there’s good news tonight!

Class Warfare

How Starbucks baristas spurred a new US labor movement The Hill

SSA union seeks $16.5B in emergency funding to rebuild depleted workforce Federal News Network

Pregnancy Is a War; Birth Is a Cease-Fire The Atlantic

Antidote du jour (via):

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.