Investors stockpile cash to offset economic despair Gillian Tett, FT
How British firms built a pyramid scheme in China that lost millions and Dissolved and dormant firms in EuroFX mystery Reuters. It seems our own Richard Smith can do a happy dance for this post in August 2015 (!). You read it here first.
Obama’s staff is taking over Silicon Valley CNN (Kokuanani). Ka-ching.
Swimming upstream The Undefeated
A Court Ruling That Could Save the Planet Cass Sunstein, Bloomberg. Setting a price on carbon.
Brexit harm denial and the exchange rate Mainly Macro
Fractured Lands: How the Arab World Came Apart NYT. I shouldn’t be churlish about this long-form piece, but the headline: “Came apart,” as opposed to, oh, “Was Blown to Smithereens”?
Desperate Times for Cambodia’s Farmers The Diplomat
Would You Vote for a Psychopath? Scientific American
Polls: Clinton Running the Table in Key Battlegrounds NBC (RCP latest state polls). So everybody’s free to vote their conscience!
Hillary Clinton Vows To Do What Obama Hasn’t — Reschedule Marijuana Think Progress. Remember Obama’s “visionary minimalism”? Good times.
Rather than engage with the press, Clinton emits news-like content in the form of her own podcast:
— The Daily Dot (@dailydot) August 12, 2016
Donald Trump’s Missteps Risk Putting a Ceiling Over His Support in Swing States NYT. Interesting on PA and the Philly burbs.
Exit Interview: I Was Bernie Sanders’ Chief Advance Man Atlas Obscura. For those of you who like the mechanics of the campaign trail, this will be fascinating. For normal people, read and consider: If this is the way campaigns run, was there a mismatch between the composition of the Sanders base, and the functioning of the Sanders campaign? Basicallly, the campaign comes to town, and then it goes away. But that’s not what either the $27 donors, or the self-organizing Sanders activists, want or need. And rightly!
Hillary’s Mean Media is Alive and Well Paste. Sore winnerhood is powerful.
The American Soul Is a Murderous Soul Foreign Policy
Josh Marshall, of Russia. Try transposing “cultural DNA” from Russia to Blacks or Jews and see how it reads:
2: of xenophobic paranoia and a gravitation to autocracy are embedded into the cultural DNA in a way that long predates 20th century.
— Josh Marshall (@joshtpm) August 11, 2016
How to Stop Russia’s Hacking US News. Has any official gone on the record about “Russian hacking”?
Russia Hints It Might Hide Nukes in Syria Observer. Trump’s son-in-law.
Atlanta Hack Opens 1.2 Billion Vehicles Another Word For It
Cost, Not Choice, Is Top Concern of Health Insurance Customers NYT. Of course, “choice” is cost: A tax on time.
Lopsided Housing Rebound Leaves Millions of People Out in the Cold WSJ. “An analysis of census data by the Urban Institute showed that all of the net new households formed between 2006 and 2014 were renters rather than owners.”
Homage to E.P. Thompson New Politics
Antidote du jour (via):