Links 3/22/2023 | naked capitalism
Badger tunnels halt traffic on Dutch railways BBC (Furzy Mouse). Watch Angry Moose Attack Speeding Snowmobilers Field and Stream Net Climate Effects of Moose Browsing in Early Successional Boreal Forests…
How the Current Refusal to Deal Harshly with Failing Banks and Their Executives Will Create an Even Bigger Crisis | naked capitalism
Your humble blogger has been saying that the new bank rescue scheme, which is a covert backstop of nearly all uninsured deposits, is a disastrous extension of government support to…
Medicare Advantage Uses Algorithms to Block Care for Seniors | naked capitalism
Yves here. While this post describes flagrant fraud by Medicare Advantage insurers, which would seem to be an “old people in America” problem, the deliberate abuse by AI is a…
Secession Is Here: States, Cities and the Wealthy Are Already Withdrawing from America | naked capitalism
Yves here. While the author makes an interesting point about rejection of community institutions and collective obligations as steps on the path to secession, I have to differ a tad…
The Head Spinning Reality of Venezuela’s Economy
After years of extreme scarcity, some Venezuelans lead lives of luxury as others scrape by. The nation of grinding scarcity has increasingly become one of haves and have-nots.
Some US Farmers Get Behind Mexico’s GMO Corn Ban, Reports Mexican Daily La Jornada | naked capitalism
“We believe that Mexico has every right to ask for what it wants,” says Lynn Clarkson, chief executive of Illinois-based Clarkson Grain company. “As a supplier, the United States should…
Lack of Grownups in the Room Exacerbates Bank Freakout | naked capitalism
The bank panic has momentarily gone quiet as Mr. Market waits to see what the Fed will do in its March 21-22 meetings. The Dow was up 383 points, which…
Why is America So Anti-City? It Holds Back the Entire Country | naked capitalism
Yves here. History and path dependency play a big role in antipathy to urban life. Aide from port cities being where immigrants landed (i.e, creating poor and decidedly alien neighborhoods),…
California’s Covid Misinformation Law Is Entangled in Lawsuits, Conflicting Rulings | naked capitalism
Yves here. Despite the murkiness of the California Covid censorship law, one of the few areas it would seem to cover on a clear-cut basis is threatening the licenses of…
Links 3/20/2023 | naked capitalism
The worst frog disease in recorded history risks wiping them from the face of the Earth ZME Science Facing Extinction, but Available for Selfies in Japan’s Animal Cafes New York…