2:00PM Water Cooler 8/9/2018

By Lambert Strether of Corrente. Trade “Hope Is Not a Plan: The Myth of American Manufacturing” [Industry Week]. “In building a case for an American manufacturing renaissance, economists cite increasing productivity, cheap natural gas, and rising value-added figures to show that manufacturing is in good shape and will get better. Some of these positivists [sic] […]

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2:00PM Water Cooler 8/6/2018

By Lambert Strether of Corrente. I’m off to the optometrist’s this afternoon! –lambert Trade https://www.scmp.com/business/global-economy/article/2157320/factories-shift-out-china-avoid-trade-war-boosting-volume “China said it’s [hitting $60 billion worth of U.S. exports with new tariffs] ‘because the U.S. side has repeatedly escalated the situation despite the interest of both enterprises and consumers’ and it must ‘[a]defend the country’s dignity and the interests […]

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Obama Continues His Long Con at the Nelson Mandela Annual Lecture

Former United States Barack Obama[1] gave the Sixteenth Annual Nelson Mandela Lecture[2] on July 17 before 15,000 people at the Bidvest Wanderers Stadium in Illovo, a wealthy suburb of Johannesburg. The lecture was also streamed online. The event was sponsored by the Nelson Mandela Foundation[3]. I really ought to get out my magic markers and […]

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