Bostic Throws Down the Gauntlet Tim Duys’ Fed Watch
Leveraged loan boom is storing up nasty problems FT. “Collateralised loan obligations.”
Tesla to remain publicly traded, as Elon Musk says shareholders believe company is ‘better off’ CNBC. Oh for pity’s sake. Why did I link to this stupid story in the first place?
Only the beginning of the Government’s ‘no deal’ Brexit preparations Institute for Government
Brexit is bad news for the NHS. Thread:
The generics market has a lot of turnover, new products, tight margins. The NHS benefits from the low cost medicines this market produces.
The govt's no-deal Brexit plan looks to me like it will block approvals, and hit generics hard. This could get expensive for the NHS… pic.twitter.com/bAO5OkXG1Y
— ben goldacre (@bengoldacre) August 23, 2018
Chinese banking sector warned it faces day of reckoning as decade of easy money ends South China Morning Post
Aussie PM Scott Morrison invites Donald Trump to Australia Stuff. Let the healing begin!
New Cold War
What Russia is doing to counter the new round of American sanctions China Plus. From China.
The Silence of the Bears Foreign Policy
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How This Will End The Atlantic
Immunity Agreements for AMI Execs Aimed to Shore Up Case against Michael Cohen Andrew McCarthy, National Review
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Democrats in Disarray
Joe Biden Backs ‘Public Option’ Foe in Primary Fight Capital & Main
The Democrats’ Approaching Dilemma MedPage Today. Five or even two years ago, this article in this source would not have concluded as it does now.
New GAO Report On Impact Of HHS Decisions On 2018 Enrollment Health Affairs (original).
Imperial Collapse Watch
The New Socialists Corey Robin, NYT
Socialism in one country Stumbling and Mumbling
E-Verify Laws Across Southern Red States Are Barely Enforced Bloomberg (CO).
FTC thread from Stoller, with action to take at #15 and #16:
1. Ok, I'm going to talk about an under the radar fight over wealth, power and the law. It's going on at the most important Federal agency no one cares about, the Federal Trade Commission. And there's even something you can do about it.
— Matt Stoller (@matthewstoller) August 24, 2018
“This is the heart of the political economy problem in America, using concentrated power to hurt workers, customers, businesses. It is what Facebook does. It is what Trump does. It is what a lot of elite Democrats made money from. This is why everyone’s mad.”
An Account of My Hut n+1. Contemporary California.
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here.