Recession Mongers Shocked & Horrified by This Surge in Employment
Perversely, investors want a recession to force the Fed to pivot. But it’s tough to have an official recession with employment growing.
Read more...Category Archives: Guest Post
2:00PM Water Cooler 8/5/2022
~ Today’s Water Cooler ~
Read more...PredictIt: The Closing of a Prediction Market
PredictIt is likely to shutter. A look at how contract holders may win or lose, as well as the loss of a window into voter sentiment.
Read more...Links 8/5/2022
The Dystopian Dream of Global Central Bank Digital Currencies (CBDCs) Hits Another Snag: The Japanese People’s Love of Cash
Japan is not the only G7 economy where cash is still king, and that could be bad news for the rollout of CBDCs in so-called “advanced” economies
Read more...Hubert Horan: Can Uber Ever Deliver? Part Thirty-One: Uber’s Legitimate Cumulative Losses Top $32 Billion; P&L Improvements Driven by Much Higher Fares and Multi-Billion Dollar Transfers From Drivers to Shareholders
Even big fare hikes and cuts to driver pay have failed to produce profits at Uber. And these pricing changes are not likely to be sustainable.
Read more...Inside the Democrats’ Climate Deal with the Devil
The new climate package furthers the US’ most profligate pastimes: drilling oil and driving big cars.
Read more...Links 8/4/2022
Italian Technocrats Allow the Right to Weaponize Democracy
Why the Italian right looks set to go from strength to strength.
Read more...The Dying American Southwest
Will people abandon the American Southwest or fight like hell to keep it?
Read more...German Chancellor: Germany Could Keep Nuclear Power Plants Operating After All
A sign of German energy tsuris: Chancellor Scholz suggests reviving nuclear power, in opposition to earlier recommendations by key ministries.
Read more...2:00PM Water Cooler 8/3/2022
~ Today’s Water Cooler ~
Read more...The Story Behind ‘Star Trek’ Actress Nichelle Nichols’ Iconic Interracial Kiss
A mental health break in the way of retrospective on Nichelle Nichols, particularly for readers who saw Star Trek in its original run.
Read more...Serotonin and the Unsubstantiated Chemical Imbalance Theory of Mental Disorders
A foundational theory on the role of serotonin is a mere unsupported intuition, but mass drug peddling is nevertheless based on it.
Read more...Think the Financial Crisis Is Over? Mortgage Servicers Still Abusing Borrowers For 10+ Years, Thanks to Lax Fannie/Freddie Oversight
Mortgage servicers are torturing borrowers who have been unable to pay for over a decade. All they are doing now is ripping off governments.
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