In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse | naked capitalism
Yves here. It’s not clear how the UK can pull itself out of its current mess, independent of the damage done by rapidly-departing PM Liz Truss. It was already facing…
2:00PM Water Cooler 10/20/2022 | naked capitalism
By Lambert Strether of Corrente Bird Song of the Day Dark-eyed/Yellow-eyed Junco, Gila, Arizona, United States Politics “But what is government itself, but the greatest of all reflections on human…
Campaigners to Biden: ‘Tell Congress to Pass a Big Oil Windfall Profits Tax’ | naked capitalism
Yves here. Common Dreams publicizing this appeal to Biden suggests that the Dems even now could take messaging steps to reduce the hit they seem likely to take in the…
Amazon’s Jeff Bezos in economy warning: ‘Batten down hatches’
With economic gloom on the US’s horizon, the tech giant’s boss points out warning signals.
Links 10/20/2022 | naked capitalism
Interstellar object ‘Oumuamua still puzzling scientists 5 years after discovery Space Finally, Scientists Have Figured Out A Key Molecular Mechanism Behind Human Hearing Science Alert (Rev Kev). Now do listening.…
Ukraine War: Russia Preparing for More Terrorism? | naked capitalism
Due to my finding out about a raft of infrastructure issues at the house due to an 11:00 PM visit by an electrician (yours truly had the good fortune never…
How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity | naked capitalism
Yves here. It can’t be said too often: a significant amount of our current inflation is due to companies increasing prices because they can, not because they are seeing corresponding…
What Next in the Electric War for Ukraine – How Marshal Kutuzov’s Golden Bridge for Napoleon’s Retreat Is Working Today | naked capitalism
Yves here. John Helmer provide another insightful post on the Russian campaign against Ukraine’s electric grid, today providing more information of the logic of the targeting and how it is…
Diesel Crisis Deepens As Inventories Fall To Dangerous Levels | naked capitalism
Yves here. We were banging on about diesel shortages some time back. The fact that other facets of the ongoing energy crisis, such as the hunt for LNG, the Nord…
The Sveriges Riksbank Counterfeit Nobel Award Goes to Bernanke et al. for the Wrong Model | naked capitalism
Yves here. I’ve held back from discussing the elite doubling down on failure represented by the Sveriges Riksbank Counterfeit Nobel Prize going to Ben Bernanke, Douglas Diamond, and Philip Dybvig…