IEA: The Current Energy Crisis Is Unprecedented | naked capitalism
Yves here. Gee, the normally upbeat IEA is rattled by all of the energy market anomalies. Notice the remarkable lack of agency! The words “Russia” and “sanctions” appear nowhere in…
Virtue Hoarders: The Case Against the Professional Managerial Class – An Essay-Review in Memory of Barbara Ehrenreich, 1941-2022 | naked capitalism
Yves here. This essay does a fine job of describing and kneecapping the sense of privilege and entitlement of the professional managerial class, based on a recent book by Professor…
Satyajit Das: A Disordered World – Part 1: Fracture | naked capitalism
Yves here. Please welcome seasoned finance and economics practitioner and commentator Satyajit Das, who is provided a three-part series on how major world geopolitical and economic structures are fragmenting as…
Energy Loss Is Single Biggest Component of Today’s Electricity System | naked capitalism
Yves here. While this analysis is helpful and I assume directionally correct, it appears to omit a key source of energy loss of renewables: that of storage costs, as in…
2:00PM Water Cooler 10/24/2022 | naked capitalism
By Lambert Strether of Corrente Patient readers, I must finish up a post on how CDC is butchering variant data. Talk amongst yourselves! –lambert Contact information for plants: Readers, feel…
Colombian President Says the Unspeakable Out Loud: “The US is Ruining Economies Around the World” | naked capitalism
Until recently Washington’s closest ally/client state in South America, Colombia is now under new management. And that management has a wildly different perception of US influence in Latin America and…
Wall Street Journal on “U.S.-Saudi Relations Buckle” Focuses on Personalities Over End of Unipolar Era | naked capitalism
The Wall Street Journal has a new story, U.S.-Saudi Relations Buckle, Driven by Animosity Between Biden and Mohammed bin Salman, which is as good as you can expect from the…
“The US Signals Readiness to Launch Nuclear Strike Against Russia” | naked capitalism
Yves here. Please note that the title is in quotes because it is the translated title of a new article from a Russian military journal that Helmer has translated in…
Links 10/24/2022 | naked capitalism
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…
Western Narrative Escalation Over Ukraine War: A Warning of Coming Strong Countermeasures? Or a Sign of Desperate Impotence? | naked capitalism
First, a diatribe against the word “narrative,” now pervasively used in commentary, particularly what purports to be political/geopolitical reporting. What is a narrative? It is a story. Until recently, “narrative”…