Economy
American Businesses Say China’s Slowdown Is a Greater Threat Than the Trade War (Thomas R.)
wnshifting in China as its economy slows and trade tensions with the U.S. persist, according to a new survey that highlights softening revenue, reduced investment and job cutbacks.
The annual survey, released on Wednesday by the American Chamber of Commerce in Shanghai, showed that 51% of the business lobby’s responding members said U.S. and Chinese tariffs had hurt revenue.
Watch the chaos unfold as the UK’s parliament is suspended (Sparky1)
One of the longest sessions in the history of the British Parliament ended in pandemonium, with opposition lawmakers furious at the five-week suspension.
Families Go Deep in Debt to Stay in the Middle Class (Adam)
Cars, college, houses and medical care have become steadily more costly, but incomes have been largely stagnant for two decades, despite a recent uptick. Filling the gap between earning and spending is an explosion of finance into nearly every corner of the consumer economy.
The Shocking Paper Predicting the End of Democracy (Thomas R.)
Democracy is hard work. And as society’s “elites”—experts and public figures who help those around them navigate the heavy responsibilities that come with self-rule—have increasingly been sidelined, citizens have proved ill equipped cognitively and emotionally to run a well-functioning democracy. As a consequence, the center has collapsed and millions of frustrated and angst-filled voters have turned in desperation to right-wing populists.
His prediction? “In well-established democracies like the United States, democratic governance will continue its inexorable decline and will eventually fail.”
Why buying and selling a house could soon be as simple as trading stocks (Adam)
The Browns and Seay are the consumer faces of the disruption that’s currently roiling residential real estate. As different models — home trade-in companies, “iBuyers,” partnerships between new upstarts and old stalwarts — clamor for attention, lots of attention is focused on trying to determine what’s here to stay and what’s just an awkward rough draft — the Pets.com of the housing market.
The 9/11 Attacks: Understanding Al-Qaeda and the Domestic Fall-Out from America’s Secret War (Alex)
It is impossible to understand Al-Qaeda without first understanding what the Afghanistan resistance movement did to the men who formed it. It was a nine-year war against one of the biggest powers in the world, spanning the inhospitable Hindu Kush fought in an asymmetrical fashion. By the end, the men who fought it were hard as nails.
STEM Is Overrated (tmn)
Republican Governor Rick Scott of Florida espoused this position in 2011 when he announced his intention to direct state funds toward STEM education and away from the liberal arts and social sciences. In conversation with the radio host Marc Bernier, he singled out anthropology for wasting students’ time and state monies. “You know, we don’t need a lot more anthropologists in the state. It’s a great degree if people want to get it, but we don’t need them here. I want to spend our dollars giving people science, technology, engineering, math degrees … so when they get out of school, they can get a job.”
The Jeffrey Epstein investigation was more expansive than previously thought, documents show (Sparky1)
And according to the documents, inquiries during that probe resulted in allegations by an air traffic controller at an airport Epstein frequented that she had seen Epstein disembark his plane on two occasions with what appeared to be underage girls as recently as November 2018.
Oh that it should come to this Part 12 (Jesper A.)
My cybernetique or cybernetic follows Rorty more or less, and to no avail do I separate myself from that movement known as pragmatism, and yes there are differences, yet on the whole very few. Bloom and via Bloom Rorty fuss over the notion of what Bloom calls ‘Western Nihilism’, as such it exists inside the play Hamlet. It is in this way proud, even to Bloom, but if we think about this close, Rousseau deals in it too. Here’s how. Nihilism can take several guises.
Metals and The Big Cons (GE Christenson)
The official story is wearing thin for anyone who buys food, pays for health insurance, medical care, buys an auto, pays college tuition etc. Yes, TV’s are less expensive, but low inflation is a statistical con job that supports confidence in the dollar and the Federal Reserve.
DNA company tampered with results, former employees say (Sparky1)
Rather than try to solve the underlying problem, Orig3n’s coders came up with a quick fix, according to the former workers. The separate nutrition and fitness tests, for example, analyzed some of the same genes. The former workers say that if two Orig3n analyses of a particular gene didn’t match, software plugged in the earlier result. A spreadsheet viewed by Bloomberg Businessweek shows 407 such errors that, according to the former lab tech, were logged over three months.
Trump Flirts With $15 Billion Bailout for Iran, Sources Say (Sparky1)
While Trump has been skeptical of helping Iran without preconditions in public, the president has at least hinted at an openness to considering Macron’s pitch for placating the Iranian government—a move intended to help bring the Iranians to the negotiating table and to rescue the nuclear agreement that Trump and his former national security adviser John Bolton worked so hard to torpedo.
Oil Demand Growth Weakest In Nearly A Decade (Thomas R.)
“We came away from meetings with Energy consumers in China last week with greater confidence that we are likely to see deceleration in China oil demand growth in 2020 vs. 2019. There was little outright bullishness, unlike meetings at last year’s conference,” Goldman Sachs analysts wrote in a note after a trip to China. “Companies/investors in our conversations were broadly not optimistic that we would see a resolution of US/China trade tensions in the next 6-12 months.”
Unfurling The Waste Problem Caused By Wind Energy (Thomas R.)
There aren’t many options to recycle or trash turbine blades, and what options do exist are expensive, partly because the U.S. wind industry is so young. It’s a waste problem that runs counter to what the industry is held up to be: a perfect solution for environmentalists looking to combat climate change, an attractive investment for companies such as Budweiser and Hormel Foods, and a job creator across the Midwest and Great Plains.
A Second Interstellar Object Has Almost Certainly Been Found In Our Solar System (Thomas R.)
As mentioned this would be the second known interstellar object to enter our Solar System, since a first called ‘Oumuamua (or 1I/2017 U1) was spotted in October 2017. Both are believed to have traveled from other planetary systems to our own across the vast expanse of the galaxy over millions or even billions of years.
First human case of West Nile virus reported in Wisconsin (Thomas R.)
According to the release, most cases of WNV happen during the months of August and September, though the likelihood of contracting the virus are very low. While most people who contract the virus don’t get sick, those who do typically experience symptoms including a fever, headache, and rash that lasts a few days. In extremely rare cases, WNV can cause severe disease with symptoms such as disorientation, tremors, paralysis, inflammation of the brain, and coma, according to the release.
Gold & Silver
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