Thursday, August 11, 2022

Is the US Underestimating China’s Space and Counterspace Capabilities?

How serious a threat is China in space war?

The IRA Drug Price ‘Victory’

A high-level description of the empty bag known as the Inflation Reduction Act’s drug price controls.

Chip Shortages And Inflation Are Plaguing The Auto Industry

Chip woes still bedevil carmakers, to the degree that auto quality ratings are down, particularly for preimum vehicles.

2:00PM Water Cooler 8/10/2022

By Lambert Strether of Corrente Bird Song of the Day Black-and-white Triller (Northern), Ilocos Norte, Philippines. * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord “Here’s food for thought, had Ahab […]

Italy’s Upcoming Election and Its Ongoing Neoliberal Project

More on the EU upset over Italy’s move to the right, like the expected success of Brothers of Italy (Fratelli d’Italia) in Sept. elections.

Links 8/10/2022

China And Saudi Arabia Intensify Energy Cooperation With Critical Deal

How China rescued bin Salman and leveraged that relationship into a deal that advances China’s aim of making the kingdom a client state.

Third Time May Not Be Charm for Patel as Voters Reluctant to Embrace Generational Change

A case study of why voters are inclinded to stick with office-holders well past their sell-by dates.

How Employers Are Trying to Thwart a Wave of Union Drives

Union organizers are making headway, as measured by the more-aggressive cororate efforts to hobble them.

2:00PM Water Cooler 8/9/2022

~ Today’s Water Cooler ~

April Fool’s Inflation Medicine Threatens Progress

The world verges on recession. Central bank interest rate increases further slow growth without quelling supply-side cost-push inflation

Links 8/9/2022

Costa Rica’s New Government Overturns Covid-19 Vaccine Mandate, Launches Investigation Into Pfizer Contract

“We could end up in jail” if we disclose details of the former government’s contract with Pfizer, says the country’s Health Minister. 

Wrong Way CalPERS Increased Private Equity Allocation by Over 50% as Investors Are Dumping Holdings

The Financial Times reports that private equity investors are running for the exits as CalPERS plans to pile on.

America, Land of the Dying? Alarming Study Shows U.S. Killing Its Own Population

American became an outlier among rich countries in mortality rates pre pandemic, and Americans are dying younger than their peers abroad.