The Bizarre and Widely Disparaged Fitch Downgrade of US Government Debt to AA+
The financial press and Mr. Market shrugged off the Fitch downgrade of US government debt from AAA to AA+. Why?
Read more...Yearly Archives: 2023
Two Overlapping Takes on Inflation
MMT backer Richard Murphy and London finance organ City A.M. have surprisingly simliar views on the causes of inflation but differ on remedies
Read more...2:00PM Water Cooler 8/1/2023
~ Today’s Water Cooler ~
Read more...Oppenheimer and the Birth of the Nuclear-Industrial Complex
A measured but wide-ranging takedown on the movie Oppenheimer and the way it goes way too easy on too many matters nuclear.
Read more...Links 8/1/2023
Gonzalo Lira Reports Torture in Ukraine Prison, Extortion, Inevitable Conviction with Sentence of 5 to 8 Years in Labor Camp
Gonzalo Lira is alive after being tortured in prison. He is tryng to flee Urkaine, witih tacit approval of the authorities. Wish him luck.
Read more...The World’s Most Indebted Oil Company, Pemex, Is in Serious Trouble (Or So We Are Told)
At the beginning of July, the AMLO government’s biggest bet on energy self-sufficiency — the Dos Bocas refinery in Tabasco — began processing crude oil. But since then, things have not gone according to plan.
Read more...Be Aware: Someone Could Steal Your Medical Records and Bill You for Their Care
On medical fraud: what you can do to prevent it and respond when it happens.
Read more...Project NextGen: Biden Administration Doubles Down on Vax-Only, Boosts Profit over Public Health
Ka-ching.
Read more...2:00PM Water Cooler 7/31/2023
~ Today’s Water Cooler: Open Thread ~
Read more...Artificial Intelligence and Jobs: Evidence from Europe
Occupations potentially more exposed to AI-enabled technologies increased their employment share.
Read more...Links 7/31/2023
Going on a Big Energy Diet: Will the Status of Women Be a Casualty?
Will coming energy crunch roll back women’s gains?
Read more...Explaining China’s & India’s Reported Differences Over Expanding BRICS
Quelle surprise! China and India have different economic interests, which means they have diverging visions for BRICS development.
Read more...The Latest on Covid, Cognitive Impairment, and Social Cognition (“Theory of Mind”)
A sociopathic elite is one thing, that we’re used to; but a sociopathic elite with brain damage is quite another.
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