Housing booms, reallocation and productivity (PDF) Sebastian Doerr, Bank for International Settlements. From the Abstract: “I establish that US public firms holding real estate have persistently lower levels of productivity than non-holders. Rising real estate values relax collateral constraints for companies that own real estate and allow them to expand production. Consequently, an increase in house prices reallocates capital and labor towards inefficient firms, with negative consequences for aggregate industry productivity.”
An Economy of Godzillas: Salesforce, Slack, and Microsoft Matt Stoller, BIG
BIS, Swiss National Bank and SIX announce successful wholesale CBDC experiment (press release) Bank of International Settlements. CDBC = Central Bank Digital Currency
Is it Too Late to Save ‘America’s Amazon’? The Revelator. A river.
Therapeutically administered ribonucleoside analogue MK-4482/EIDD-2801 blocks SARS-CoV-2 transmission in ferrets Nature. From the Abstract: “We demonstrate high SARS-CoV-2 burden in nasal tissues and secretions, which coincided with efficient transmission through direct contact. Therapeutic treatment of infected animals with MK-4482/EIDD-2801 twice a day significantly reduced the SARS-CoV-2 load in the upper respiratory tract and completely suppressed spread to untreated contact animals. This study identified oral MK-4482/EIDD-2801 as a promising antiviral countermeasure to break SARS-CoV-2 community transmission chains.” Big if true (DL): “If this ferret-based data is translated into humans, Covid-19 patients treated with [Monulparivir] could become non-infectious within 24 hours of starting treatment. The drug can be taken orally.”
* * *Durability of Responses after SARS-CoV-2 mRNA-1273 Vaccination (letter) NEJM. “At the 100-μg dose, mRNA-1273 produced high levels of binding and neutralizing antibodies that declined slightly over time, as expected, but they remained elevated in all participants 3 months after the booster vaccination.” Technical detail above my paygrade; perhaps a helpful reader can translate. * * *How a First World country handles testing:
Free Covid-19 test kits are made available in a vending machine at an MTR metro train station in Hong Kong. Vending machines have been set up in 10 stations.
Those using the kits have to return their specimens to a government clinic for tests and results pic.twitter.com/KYMvZCKHiG
— AFP News Agency (@AFP) December 7, 2020
Screens showing CO2 level set up at venues to lessen virus risk The Asahi Shimbun. “The [CO2] figure indicates the air indoors is being appropriately exchanged.”
New CRISPR-based test for COVID-19 uses a smartphone camera Medcial Xpress. More precisely, it uses a swab and a camera.
* * *Dust can spread influenza among guinea pigs, raising coronavirus questions Science News (nvl). From August, still germane. Still, if I had to pick a source for “aerosolized fomites,” it would be a guinea pig’s cage. More research needed! * * *Employers debate whether to require COVID-19 vaccine for workers The Hill (Furzy Mouse).
Get Ready for False Side Effects Derek Lowe, “In the Pipeline,” Science
How is COVID-19 affecting student learning? Brookings Institution
India and China gear up for a new battle, this time over water South China Morning Post
Malaysia reports 1,335 new COVID-19 cases Channel News Asia
Tale of two Belt and Road Initiative port projects in Malaysia shows limits of Chinese money South China Morning Post
Driving by Israeli settlements in colonized Palestine Yasha Levine, Immigrants as a Weapon
Wealthy London Areas with Low Covid Case Rates Included in Rapid Testing Programme Byline Times. Surely not.
New Cold War
Clock is Ticking on New START Extension Air Force Magazine
Russians are wary of Putin’s vaccine The Spectator
“Fusion GPS put pressure on Orbis (Steele firm) to talk to Mother Jones” + “With the breakdown that the (MJ) interview caused with FBI…that’s when they decided to go the McCain/Kramer route” *ALSO SEE FBI Matrix receipt Fusion GPS/Glenn Simpson/Dossierhttps://t.co/u8JgYfpoYz
— Catherine Herridge (@CBS_Herridge) December 6, 2020
Move along, people, move along. There’s no story here.
Biden picks California Atty. Gen. Becerra for Health and Human Services secretary LA Times. I don’t know why Biden wants a lawyer heading HHS. And if Becerra were anything but a placeholder in California’s corrupt Blue oligarchy, Marcie Frost wouldn’t still be at CalPERS.
To rebuild CDC, Biden picks Rochelle Walensky Politico. “Give a central role to career officials.” Hopefully not career officials who butchered the test rollout and dragged their feet on aerosols, eh?
Imperial Collapse Watch
The New Comedy of American Decline The Atlantic
Bro Culture, Fitness, Chivalry, and American Identity Patrick Wyman, Perspectives. Well worth a read (though it trails off at the end).
“Almost the Complete Opposite of Fascism” (interview) Corey Robin, Jewish Currents. Today’s must-read.
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here