By Lambert Strether of Corrente.
Readers, this being Naked Capitalism’s holiday week, I’m posting a Water Cooler with a few conversation starters and nothing else. Normal posting will resume on September 10. I hope you enjoyed your Labor Day weekend. Talk amongst yourselves! –lambert
The FT’s Martin Wolf descends from Olympus (““Why so little has changed since the financial crash”) bearing this handy chart:
Everything’s going according to plan!
But we’ll always have the Internet of Sh*t:
2018 is amazing. My lightbulbs needed a software update pic.twitter.com/8oCUZ6YvMv
— Balrog (@BalrogGameRoom) September 3, 2018
what if I want to make it hot now pic.twitter.com/fFAmChQLze
— Internet of Shit (@internetofshit) August 31, 2018
I keep having this reaction a lot, lately: “What were they thinking?” But don’t worry. Nothing like this will happen with robot cars.
P.S. Readers, some of you sent me very kind thoughts about my Labor Day piece on working in the mills of Providence. Thank you!
Readers, feel free to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, with (a) links, and even better (b) sources I should curate regularly, (c) how to send me a check if you are allergic to PayPal, and (d) to find out how to send me images of plants. Vegetables are fine! Fungi are deemed to be honorary plants! If you want your handle to appear as a credit, please place it at the start of your mail in parentheses: (thus). Otherwise, I will anonymize by using your initials. See the previous Water Cooler (with plant) here. Today’s plant: (AM):
AM writes: “Seussian topiary at the garden at Levens Hall in the Lakes District, not far from Kendal, UK. Snapdragons in foreground.” A shrubbery!
Readers: Water Cooler is a standalone entity not covered by the annual NC fundraiser. So do feel free to make a contribution today or any day. Here is why: Regular positive feedback both makes me feel good and lets me know I’m on the right track with coverage. When I get no donations for five or ten days I get worried. More tangibly, a constant trickle of small donations helps me with expenses, and I factor that trickle in when setting fundraising goals. So if you see something you especially appreciate, do feel free to click the hat!
If you hate PayPal — even though you can use a credit card or debit card on PayPal — you can email me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, and I will give you directions on how to send a check.