Links 03/17/2023 | naked capitalism
An active volcano has been discovered on Venus. The planet is not dead yet. space.com
Alligator in attic: Building inspector shocked to find 8-foot beast in three-story house Field and flow
Baaad Banks
Fire the Fed Matt Stoller, BIG. Good clean fun. Worth reading.
Fed’s Yellen doesn’t expect another financial crisis in ‘our lives’ Reuters
In the dumbest timeline, it’s only natural to have the dumbest finance minister:
Janet Yellen, devoid of technocratic nonsense, is completely reckless. This clip is just amazing (ht @DumbergT) https://t.co/mxxwygMKN9
— Matt Stoller (@matthewstoller) March 17, 2023
Yes, the video is worth watching, but leave the coffee aside.
Fed blocks mention of failing regulation in Silicon Valley to bail out banks New York Times
* * * I was an SVB client. I blame venture capitalists New York Times (Resilc). Worth reading. Featured Detail:
I’ll keep my SVB debit card as a souvenir, in part because the giant arrow logo points in the opposite direction from where it should go into the card reader – an example of a design that obviously didn’t pass user testing. It’s also a reminder that successful people aren’t always the best decision makers.
ANHD Statement to Close Signature Bank Association of Neighborhood and Housing Construction (Timofey). A well-deserved kick to the prostrate body.
Wall Street banks to invest $30 billion in First Republic FT. It is a bank whose depositors are wealthy lemmings, as opposed to New York real estate lemmings (Signature) or technical lemmings (SVB).
* * * Another chaotic week for banks marks the end of an era for the global economy John Outers, Bloomberg
Financial Panic in the Age of Digital Banking and Social Media RAND
Winners and losers of cryptocurrencies after the bank run political
Pentagon mobilized to support tech start-ups after bank failure Defense One
Climate
Brazilian researchers discover ‘terrifying’ plastic rocks on remote island Reuters. Take a look at my work, mighty…
Garbage collectors collect food waste and help fight climate change AP
Is climate change really making fish bigger? New study says yes Field and flow Original.
#COVID-19
The strongest evidence that an animal started a pandemic Katherine Wu, The Atlantic. For some reason the Atlantic breaks (Furzy Mouse) this story. The preprint is supposed to come Nature.
FDA proposes radio silence on Covid spring boosters as other countries move forward STATISTICS
China?
Xi Jinping to visit Vladimir Putin in Russia next week FT
Jobs in China: Beijing calls for reform of vocational education and end of discrimination to fill shortage of skilled workers South China Morning Post
Chinese ChatGPT answer? Baidu stock falls on Ernie Bot disappointment Reuters
Police are investigating whether the arson of the Chinese billionaire’s apartment in New York was arranged remotely New York Post. Guo Wengui
Asia-Arctic diplomacy a decade later: what has changed? Diplomat
Commentary: Could Cambodia’s future foreign policy be different from China’s? Asia Channel News
More looted Cambodian relics returned from US Globe_. Smart move. One day.
India
As Covid cases rise, the Center is asking six states to maintain strict vigilance. Business standard
Cooking the missing brew in Majuli People’s Archives of Rural India
Strike sweeps Sri Lanka as unions protest IMF bailout Asia Channel News
in Syracuse
Saudi-Iranian detente is a wake-up call for America Foreign policy
Good Offices of China Foreign policy
Iran agrees to stop arming Houthis in Yemen as part of deal with Saudi Arabia WSJ
European disconnect
Dog Day in French politics, when Macron uses the “nuclear option” to raise the retirement age. France24 (Re Silk).
German snake attackers detained Daily news of Hungary. Hm.
Clashes erupt in Greece as thousands protest train tragedy France24
New not-so-cold war
Poland becomes first NATO member to donate fighter jets to Ukraine AP
The US is deepening its world stockpiles of munitions to help Ukraine WSJ
Russia wants a long war Foreign affairs. Deck: “The West needs to send Ukraine more weapons and faster.” Especially with those weapons that 16-year-olds can shoot from the street with minimal training?
War exacerbates Ukraine’s population decline, new report shows EU Science Center
* * * High-ranking representatives of China and the United States talk with the Minister of Foreign Affairs of Ukraine about the prospects for war South China Morning Post
Hunting rifles, right? China supplies assault weapons and body armor to Russia political
Russia to deliver US drone wreckage from Black Sea if needed: Kremlin Andalu Agency
* * * When MI6 betrayed Ukraine’s resistance to Russia Declassified UK
Biden administration
Experienced Russian Representative Joins Biden’s NSS Foreign policy. Recommended by Victoria Nuland, so what’s seasoned with?
Biden’s Italian Mystery axioms No ambassador.
Supply chain
Unprecedented levels of institutional capital infiltrating maritime services Splash 24/7
Technology
healthcare
Modernizing Public Health Legislation 2.0: Rebalancing Public Health Powers and Individual Freedom in the Age of COVID-19 Health Issues
Imperial crumbling clock
US military dependent on minerals controlled by China Foreign policy
Development and confirmation of the scale of epistemic vices Philosophy and Psychology Review (Phil R). As of 2021, still German. From the Abstract: “Epistemic vices have been defined as character traits that interfere with the acquisition, retention and transfer of knowledge. Examples of epistemic vice are gullibility and indifference to knowledge. It has been suggested that epistemically corrupt people are particularly susceptible to disinformation and conspiracy theories.” For example, the main macro? Drip theory?
class war
The Fishing Revolution and the Origins of Capitalism Monthly review. Interesting!
Bandcamp Workers’ Union: ‘Small wins are not enough’ rolling stone
Book and new documentary explore the possibilities of making ink in an urban setting Colossal. The jackpot is ready!
Antidote for the dayPhoto: Bernd Schwabe in Hannover – Own work, CC BY-SA 3.0):
See yesterday’s links and Antidote du Jour Here.
