Links 3/18/2023 | naked capitalism
90-year-old tortoise becomes father of three BBC Loneliness and the Trinity of Creativity: Ada Lovelace, the Poles of the Mind, and the Source of Her Imaginative Powers The Marginalian (Chuck…
The Iraq War 20 Years On: End of the US’s Post-9/11 Neoconservative Dream | naked capitalism
Yves here. With the 20 year anniversary of sorts of the US invasion of Iraq, many analysts are focusing on why we launched the attack and what did it accomplish.…
The U.S. and UK’s Submarine Deal Crosses Nuclear Red Lines with Australia | naked capitalism
Yves here. If possible, this article understates how bad this nuclear submarine deal is for Australia. For instance, the US is making Australia buy three cast-off submarines. And it hopelessly…
Medicare Plan Commissions May Steer Beneficiaries to Wrong Coverage | naked capitalism
Yves here. I’ve ignored all Medicare Advantage pitches because they are too obviously sales-y, as in the slickness and/or the aggressiveness of the marketing makes it a wee bit too…
Norfolk Southern CEO Makes Obligatory Congressional Appearance But Doesn’t Commit to Rail Safety Changes | naked capitalism
Yves here. Norfolk Southern got a luck break when the Silvergate liquidation and Silicon Valley Bank shuttering ate the business section headline, so its lame performance before Congress went largely…
Links 3/17/2023 | naked capitalism
Active volcano spotted on Venus. The planet’s not dead yet. Space.com Alligator in the Attic: Building Inspector Shocked to Find 8-ft Beast in Three-Story Home Field & Stream B-a-a-a-a-d Banks…
Were the Bank Bailouts the Result of Rising Wealth Concentration? | naked capitalism
Typically, financial crises, as in the sort that might or actually do impair the banking system, are the result of leveraged speculation. Is this one of those rare instances when…
The Central Bank of Nigeria Just Paused Its Demonetisation Program After Visiting Untold Damage on Nigeria’s Economy | naked capitalism
Three months after Nigeria’s central bank launched demonetisation, economic conditions continue to deteriorate in the country. Now, one of the country’s leading newspapers is calling for the arrest and prosecution…
The High and Getting Higher Cost of Renting in the US | naked capitalism
Yves here. The seemingly relentless rise of housing costs, and with them, the cost of renting, has become close to a dog-bites-man story. However, as this article underscores, the true…
Escape from Muddle Land | naked capitalism
Yves here. Hoo boy, if any future civilizations deign to study our attempt at one, this sort of thing, an exercise in radical subjectivism. would likely be seen as degenerate…