ECONOMY

Links 12/17/2024 | naked capitalism


Finding hope: Panji and the Javan green magpie BBC (Allen K)

Planet Puppet n+1

How English Swear Words Evolved Over Thousands of Years Laughing Squid

World’s oldest bond celebrates 400 years with a €300 payout DutchNews (Kevin W)

School smartphone ban results in better sleep and improved mood University of York (Paul R)

Climate/Environment

Seven quiet breakthroughs for climate and nature in 2024 you might have missed BBC

China?

China’s Key Bond Yield Hits Fresh Record Low as Data Disappoints Bloomberg

After all the hostility Trump (and before that Biden) has demonstrated to China, I can’t think China sees this as more a Trumpian bluster so as not to burn all brides, or a headfake:

The Global South Is on the Brink of a Disastrous Debt Crisis. Reform Is Urgent TruthOut. We’ve featured many warnings by Jomo on this very topic.

Koreas

Washington’s Bad Bet on Yoon Daniel Larison

South Korea – Impeached Coup President ‘Aligned With Washington’s Values’ Moon of Alabama (Kevin W)

South Korea’s central bank vows to stabilise markets amid political turmoil. South China Morning Post

O Canada

Canada’s finance minister resigns as Trudeau deals with declining popularity Associated Press (Robin R). ZOMG, I thought Chrystia Freeland was the sort who would never give up power. Does she had a trick up her sleeve, or more likely, some important non-elected post she expects to assume? Or does she hope to replace him if he loses a vote of confidence? But at this juncture, she looks to be another victim of Alex Christoforou’s Elensky Curse.

Canada finance minister quits after clash with Trudeau over Trump tariffs, spending Reuters (Kevin W)

European Disunion

European farmers have threatened to blockade supermarket deliveries and leave shelves bare as part of their biggest tractor protests against the EU yet Telegraph

EU presses for new powers to combat threat of Chinese import surge Financial Times

German election: Scholz loses confidence vote DW

Germany should pull out of NATO, says leader of far-right AfD The Times

Germany is unravelling just when Europe needs it most Fortune

François Bayrou’s tough task: Forming a big-tent government Le Monde

The assessment that Greece has been an ‘astonishing success’ beggars belief Bill Mitchell. I have to confess that I missed this horror. Glad to see Mitchell and Varoufakis, among others, shellack it.

Old Blighty

Rachel Reeves will have to find an extra £20billion a year if Britain is to hit a proposed new NATO target of spending 3pc of GDP on defence Telegraph

UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire Associated Press (Kevin W). Holy shit. No protests?!?!

How did Yang Tengbo become close confidant of Prince Andrew? Guardian (Kevin W)

Israel v. The Resistance

Intent: The Road to genocide Law4Palestine

Culture would have us believe there’s room for debate. I have something to say about that Alon Mizrahi. Podcast with transcript.

Zionist cutouts and intermediaries David Miller (Dr. Kevin)

Iran’s Assad Calculus: Actual Costs of Support vs Benefits to Iran Perspectives (guurst). Today’s must read. Debunks common claims about role of Syria in The Resistance.

US Sanctions Disrupt Iranian Crude Flows to China, Vortexa Says Bloomberg

New Not-So-Cold War

SITREP 12/16/24: Negotiations Talk Curdles as Ukraine Loses More Territory Simplicius

European ‘peacekeepers’ in Ukraine? A horrible idea. Responsible Statecraft

Expanded meeting of the Defence Ministry Board Kremlin

Ukraine assassinates Russian chemical weapons chief in Moscow bombing Politico (Micael T)

Zakharova: General Kirillov exposed the crimes of the Anglo-Saxons for many years Vzglyad via machine translation (Micael T)

Can Trump Avoid HUMILIATING DEFEAT in Ukraine? | Alex Christoforou Interview Larry Johnson, Countercurrents

About Power Projection. Andrei Martyanov. Martyanov very much disagrees with one of Christoforou’s lines of thought above.

Andrei Martyanov and Power Julian Macfarlane. Martyanov is on a roll. And we got a nice shout out.

Syraqistan

US affirms Türkiye’s right to go after PKK but dodges questions on YPG Anadolu Agency

Assad says he didn’t intend to leave Syria, statement claims BBC

Foreign powers jockey for control in Syria, risking new conflict Washington Post. Gee, ya think?

Imperial Collapse Watch

America’s allies are in trouble Axios

The U.S. Strategy of Controlled Anarchy: Syria, Ukraine, and Beyond Michael Hudson and Richard Wolff, Dialogue Works (Chuck L)

Trump 2.0

Judge rules Trump does not have presidential immunity protections in hush money conviction CNN. This was a motion to dismiss and so went before the same judge. Appeal to follow.

Trump girds for battle with Democrats, Supreme Court over birthright citizenship The Hill

Yellen Cautions Trump Against Meddling With Financial Regulations Pymnts

Trump says Zelensky not invited to inauguration RT (Kevin W)

Meet the Project 2025 People Who Are Filling Up Trump’s Administration Zeteo. I would prefer a table or roster to a video. As Lambert explained longer-form, Project 2025 is rife with internal contradictions, so it’s not a coherent policy program as much as a very long list of hobbyhorses. And this list in the intro to this piece, the only one in a post considered to be Cabinet-rank is Russ Vought at OMB, and that “cabinet rank” posts are not as powerful as Cabinet members (an analogy is the head of the Council Economic Advisers v. the Secretary of the Treasury). So while this behavior bears watching, this evidence is not yet dispositive.

Biden

Joe Biden’s pardons are a moral surrender Unherd (Anthony L)

Connolly bests Ocasio-Cortez in key vote to lead Democrats on Oversight panel The Hill. All of that kissing up to Pelosi for naught.

Do Americans approve or disapprove of Congress? FiveThirtyEight (Robin K)

Our No Longer Free Press

‘Libel warfare’: ABC’s payout to Donald Trump sends a chill across US media Financial Times. Help me. Defamation and freedom of speech are two different categories. And the US is way more permissive about what constitutes defamation than many other countries.

Woke Watch

The Dustbin of Literary History The Reading Experience (Anthony L)

AI

She didn’t get an apartment because of an AI-generated score – and sued to help others avoid the same fate Guardian

The Bezzle

Never Forgive Them Ed Zitron. Lambert featured yesterday in Water Cooler, but important not to miss.

Guillotine Watch

Luigi Mangione’s Best Defense Strategy Might Be to Avoid Arguing Over Guilt Wall Street Journal

New Crisis Hotline for CEOs? Ken Klippenstein (Chuck L). Bwahaha!

Class Warfare

Generation Pocket Money. Inheritocracy: It’s Time to Talk About the Bank of Mum and Dad Literary Review (Anthony L)

Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics CNN

The “Injury-Productivity Trade-off”: How Amazon’s Obsession with Speed Creates Uniquely Dangerous Warehouses Senate.gov. Important. If you are pressed for time, read the Table of Contents. On top of refusing to remedy harmful workplace conditions, Amazon discourages injured workers from getting more medical care than first aid even when they clearly need it, and makes it exceedingly difficult for them to obtain required accommodations when recovering.

Fintech firm opts for AI over hiring LinkedIn (Robin K)

Antidote du jour (Alena S):

And a bonus (Chuck L):

A second bonus (Peter D):

See yesterday’s Links and Antidote du Jour here.

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