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Links 7/4/2022 | naked capitalism

by Lambert Strether
July 4, 2022
in Finance
Reading Time: 9 mins read
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Completely satisfied Fourth. Right here’s a great way to have a good time: Assist out Betty Jo, who helped deal with Yves’s mom. As Yves wrote:

Please assist. She’s turn into essential to me. I hate seeing somebody who has no malice and is industrious and conscientious wind up in such a determined state as a consequence of how our medical system locations revenue over individuals. Go to GoFundMe, or click on on this button:

* * *

Secrets and techniques of the Moon’s Everlasting Shadows Are Coming to Mild Wired. “Water ice,” pronounced wooder ice.

Fourth of July

PBR Has Gone Huge Once more, This Time Releasing An 1844-Pack. Forbes

4th of July and pets: Canines, cats go lacking on the vacation greater than another day FOX

Fourth of July 2022: What’s open, what’s closed on Monday, July 4? UPS, FedEx, banks, mail supply, inventory markets, shops, eating places NJ.com

Crab metropolis:

Maryland Limits Male Blue Crab Harvests For The First Time Ever Amid Inhabitants Disaster DCistu

‘Fluffy’ crab that wears a sponge as a hat found in Western Australia Guardian

Local weather

Local weather Change Is Shifting How Vegetation Evolve. Seed Banks Might Should Adapt, Too Gizmodo

How heatwaves are making a pollen disaster BBC

The Limits to Progress: Ecosocialism or Barbarism Month-to-month Assessment

#COVID19

Analysis of a Wastewater-Based mostly Epidemiological Strategy to Estimate the Prevalence of SARS-CoV-2 Infections and the Detection of Viral Variants in Disparate Oregon Communities at Metropolis and Neighborhood Scales Environmental Well being Views. From the Summary: “The higher reliability of wastewater SARS-CoV-2 concentrations over clinically reported case counts was probably as a consequence of systematic biases that have an effect on reported case counts, together with variations in entry to testing and underreporting of asymptomatic circumstances. With these benefits, mixed with scalability and low prices, wastewater-based epidemiology could be a key part in public well being surveillance of COVID-19 and different communicable infections.” In the meantime, right here is how a critical nation (Eire) does wastewater reporting:

Individuals contaminated with SARS-CoV-2, the virus that causes COVID-19 illness, can shed the virus of their stool, which may then be detected in wastewater. Which means that wastewater surveillance can be utilized to observe the circulation of SARS-CoV-2 within the inhabitants. pic.twitter.com/FcHgfesBFu

— HSE Well being Safety Surveillance Centre (HPSC) (@hpscireland) July 1, 2022

There’s no variant protection, however the reporting covers the whole nation and is revealed weekly, reliably (not like CDC).

Monitoring prevalence of SARS-CoV-2 at school populations: A wastewater-based strategy PLOS One. From the textual content: “Sixteen faculties (10 major, 5 secondary and 1 post-16 and additional schooling for a complete of 17 websites) in England took half within the College wasTEwater-based epidemiological suRveillance systeM for the speedy identification of COVID-19 outbreaks (TERM) examine… [T]he lead/lag evaluation between the weekly positivity charges in faculties and neighborhood circumstances exhibits a most correlation between the two-time sequence when faculty knowledge are lagged by two weeks.”

* * *

Exacerbation of COVID-19 mortality by the fragmented United States healthcare system: A retrospective observational examine The Lancet. From the Summary: “Our examine demonstrates {that a} important share of COVID-19 mortality in the USA, and far of the surplus mortality in the USA in contrast with different international locations, is because of our reliance on a system of market-driven healthcare.” Rule #2.

Common healthcare as pandemic preparedness: The lives and prices that would have been saved throughout the COVID-19 pandemic PNAS. From the Abtract: “The fragmented and inefficient healthcare system in the USA results in many preventable deaths and pointless prices yearly. Common healthcare might have alleviated the mortality brought on by a confluence of unfavorable COVID-related elements. Incorporating the demography of the uninsured with age-specific COVID-19 and nonpandemic mortality, we estimated {that a} single-payer common healthcare system would have saved 212,000 lives in 2020 alone. We additionally calculated that US$105.6 billion of medical bills related to COVID-19 hospitalization might have been averted by a Medicare for All system.” However on the brilliant aspect, consider the culling!

* * *

Severe Adversarial Occasions of Particular Curiosity Following mRNA Vaccination in Randomized Trials (preprint) SSRN (norm de plume). Quoting a slab of the Summary:

Strategies. Secondary evaluation of significant opposed occasions reported within the placebo-controlled, section III randomized scientific trials of Pfizer and Moderna mRNA COVID-19 vaccines (NCT04368728 and NCT04470427), focusing evaluation on potential opposed occasions of particular curiosity recognized by the Brighton Collaboration.

Outcomes. Pfizer and Moderna mRNA COVID-19 vaccines have been related to an elevated threat of significant opposed occasions of particular curiosity, with an absolute threat improve of 10.1 and 15.1 per 10,000 vaccinated over placebo baselines of 17.6 and 42.2 (95% CI -0.4 to twenty.6 and -3.6 to 33.8), respectively. Mixed, the mRNA vaccines have been related to an absolute threat improve of significant opposed occasions of particular curiosity of 12.5 per 10,000 (95% CI 2.1 to 22.9). The surplus threat of significant opposed occasions of particular curiosity surpassed the chance discount for COVID-19 hospitalization relative to the placebo group in each Pfizer and Moderna trials (2.3 and 6.4 per 10,000 members, respectively).

Dialogue. The surplus threat of significant opposed occasions present in our examine factors to the necessity for formal harm-benefit analyses, significantly these which can be stratified based on threat of significant COVID-19 outcomes akin to hospitalization or loss of life.

Funding. This examine had no funding assist.

From June, nonetheless germane. The paper, evidently, generated some controversy. Members of the Mind Belief might want to remark.

China?

Chinese language state airways to purchase virtually 300 Airbus jets Reuters. Oof.

“Clearly, China has turn into a goal of NATO” What China Reads

Why inland areas maintain key to China’s continued ‘frequent prosperity’ push South China Morning Submit

Credit score Suisse struggles with backlog of recent rich consumer accounts in Asia FT

Myanmar

China calls on Myanmar junta to carry talks with opponents Guardian. Will depend on whether or not “opponents” means the NUG, Aung San Suu Kyi, or each.

Myanmar navy reveals a brutal weak point Globe_

The Koreas

Samsung Electronics begins 3-nanometer chip manufacturing forward of TSMC TechCrunch

Strolling the World: Hanoi (half 1) Chris Arnade, Strolling the World

Plastic from greenhouse increase blights Vietnam’s vegetable basket The Third Pole

New Not-So-Chilly Chilly Conflict

Lysychansk Falls, Russia Takes Management of All Lugansk Area as Ukrainian Resistance Collapses (video) Alexander Mercouris. Nicely value a pay attention. Seize a cup of espresso, as a result of it takes an hour. Mercouris additionally mentions the next two articles, each value a learn–

Avoiding a Russian Quagmire, the Inconceivable Ukrainian Peace, and the Danger of Direct Russo-NATO Conflict Gordon Hahn, Russian and Eurasian Politics. I don’t know why the one inventive interested by Ukraine is being performed by conservatives, whereas all left-liberals do is add Urkaine flags to their “In This Home” indicators, however right here we’re.

Methods to Lose Huge in Ukraine Nationwide Assessment

* * *

Unwell Ready for Fight, Volunteers Die in Battles Far From Residence NYT. Maybe sending extra weapons — hear me out — received’t clear up the issue?

Germany’s Union Head Warns of Collapse of Total Industries Bloomberg. Price it, although! Proper?

Ukraine: Scholz warns conflict might final a ‘actually very long time’ — dwell updates Deutsche Welle

EU Seeks Methods to Assist Ukraine Rebuild Amid Fuel-Reduce Fallout Bloomberg. Fantasy.

* * *

Anatomy of a Coup: How CIA Entrance Laid Foundations for Ukraine Conflict Package Klarenberg, Package’s Publication

Biden Administration

Biden strikes on abortion haven’t quieted progressive anger The Hill. Weak:

WATCH: Well being and Human Companies Sec. Xavier Becerra says there’s not so much the Biden administration can do for abortion rights. @SecBecerra: “Until we’re all going to say the phrase of the Supreme Court docket will now not have worth, we’ve to heed the phrase of the Supreme Court docket.” pic.twitter.com/yfbp6j7JIO

— Meet the Press (@MeetThePress) July 3, 2022

Becerra is unsuitable.

5 instances Congress overrode the Supreme Court docket The Hill and 10 methods to repair a damaged Supreme Court docket Vox. Examples of Congress over-riding Supreme Court docket choices.

Democrats en déshabillé

NSFW (dougiedd):

😂

As soon as individuals see what the Democratic Celebration actually is, it may by no means be unseen. https://t.co/E2G6ZSlIqW

— Glenn Greenwald (@ggreenwald) July 2, 2022

Debacle -> Fundraising -> Election -> Betrayal -> Debacle1 …. Debaclen

The Supremes

Will Biden defend his personal workplace from this courtroom? Carl Beijer. West Virginia v. the Environmental Safety Company seen as a return to the Lochner period. “Recall that Lochner vs. New York was a case during which the courtroom determined that it was unconstitutional for legislatures to set fundamental limits to the workday. Right this moment, we’re seeing the very same financial forces at work.” Price clicking by means of the free trial stuff for a learn.

2024

Michael Lewis: ‘The factor that basically works for Trump is: the system’s rigged’ FT

Police State Watch

Ohio law enforcement officials on paid administrative depart after deadly capturing of Jayland Walker CNN. Commentary:

From what I’ve been informed by native Akron officers, the physique digital camera footage of Jayland Walker’s homicide, which is ready to return out tomorrow, is extraordinarily disturbing.

The shot at him 90 instances, hitting him 60–together with 12 instances within the face.

Then they handcuffed his lifeless physique. 1/

— Nina Turner (@ninaturner) July 3, 2022

The Bezzle

Keep in mind RadioShack? It’s now a crypto firm with wild tweets. WaPo

Crypto’s Domino Impact Is Widening, Threatening Extra Ache WSJ

Basel Committee publishes second session doc on the prudential remedy of banks’ cryptoasset exposures Financial institution of Worldwide Settlements. They’re nonetheless engaged on a typical: “Unbacked cryptoassets and stablecoins with ineffective stabilisation mechanisms proceed to be topic to a conservative prudential remedy, with a brand new restrict proposed on gross exposures.” One would hope so.

* * *

Wirecard’s former prime accountant admits forging paperwork for KPMG particular audit FT

Assange

Assange lodges UK enchantment in opposition to US extradition Worldwide Enterprise Instances

Provide Chain

Containers: Market Questions Peak Season Scale As Client Sentiment Drops Hellenic Transport Information

Ships going darkish: Russia’s grain smuggling within the Black Sea FT

Black Injustice Tipping Level

Flawed oxygen readings could also be behind Covid-19’s toll on individuals of colour Politico

How Generations of Black People Misplaced Their Land to Tax Liens Bloomberg

Imperial Collapse Watch

We dwell within the stupidest timeline:

‘Merica pic.twitter.com/csPvYZlYIA

— TG (@TG22110) June 27, 2022

OK, OK, I plead responsible to classism and regionalism, and silly may be enjoyable. However silly is silly. (Simply to be clear: I see this clip as a metaphor for elite conduct in every thing, and for America basically.)

Class Warfare

“There was blood all over the place”: Former Caterpillar employee speaks out on lack of security WSWS

Intestine the comms division:

This interview with Mick Lynch is the clearest half-hour I’ve ever heard from a commerce unionist.

This can be a union with *2 individuals* on its comms. Organised employees, with a transparent set of calls for and sound management, all the time trump the advert businesses & pundits.https://t.co/hSXH8VYnYc

— Aaron Bastani (@AaronBastani) July 2, 2022

The Futility of Utility Serviette Math. From April, nonetheless germane. “Why couldn’t I behave like a rational, utility-maximizing particular person?”

* * *

Antidote du jour (via):

See yesterday’s Hyperlinks and Antidote du Jour right here.

Genius Act: This New US Crypto Law Could Pave the Way for the Next Global Financial Crisis





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