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Links 5/30/2020

Arizona Humane Society Removes 2 Pounds Of Matted Fur From Fluffer The Cat, She Gets Adopted 2 Days Later Bored Panda. This feline was a distant cousin of those sheep that go feral and grow so much wool that they look like mini-busses. Captain Cook and the Colonial Paradox Quillette (Chuck L) Climate change: ‘Stunning’ seafloor ridges record Antarctic retreat BBC (Kevin W) Trees are Getting Shorter and Younger Gizmodo (Kevin W) Eye-Catching Advances in Some AI Fields Are Not Real Science....

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Riot or Resistance? How Media Frames Unrest in Minneapolis Will Shape Public’s View of Protest

Yves here. Good to see actual data that shows the considerable difference between how the press treated the pink pussyhats, versus both people of color and whites protesting police violence against blacks. But the media isn’t the only part of the problem. Recall that when Black Lives Matter die-ins were becoming popular and getting media attention, the Democratic party managed to infiltrate many Black Lives Matter groups and the die-ins died off (Lambert chronicled this back in the day and...

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Why New Infrastructure Is a National Imperative

Yves here. Notice that what Tom Conway calls “infrastructure” is  “deferred maintenance,” hence the urgency. By Tom Conway, the international president of the United Steelworkers Union (USW). Produced by the Independent Media Institute Rich Carmona spent decades upgrading his 1970s ranch home in Midland, Michigan. He lovingly installed new flooring and doors and remodeled the bathrooms. After finishing the kitchen 18 months ago, he finally had the house the way he liked it. Then the...

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2:00PM Water Cooler 5/29/2020

By Lambert Strether of Corrente. “Well, it’s been a quiet week in Lake Wobegone….” * * * Patient readers, I got wrapped round the axel on COVID19. I have to add more material on events in Minneapolis. –Lambert UPDATE All done! #COVID19 At reader request, I’ve added this daily chart. The data is the John Hopkins CSSE data. Here is the site. Today I thought I would look at Southeast Asia: South Korea, Vietnam, Thailand, Malaysia, Singapore, Indonesia, and the Philippines: The vertical scale is...

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COVID-19 in Mauritius and Other Tourist Paradises: A Progress Report

Yves here. I am featuring this post on Mauritius in part due to Colonel Smithers, but also because the way Mauritius responded to Covid-19 really puts the US to shame. On the one hand, they did have the ability to cordon themselves, even though that came at the high cost to their substantial tourist industry. On the other hand, they also quickly organized a number of relief programs, including food distribution to the poor and housebound. By Jaime de Melo, Senior Fellow, FERDI; Emeritus...

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Links 5/29/2020

‘Zombie fires’ are erupting in Alaska and likely Siberia, signaling severe Arctic fire season may lie ahead WaPo (Re Silc). Rolls-Royce downgraded to junk by S&P FT U.S. Corporate Bond Sales Smash Record, Soaring Over $1 Trillion Bloomberg Check your junk mail — 4 million Americans are getting their stimulus payments as prepaid debit cards, not checks MarketWatch #COVID19 The science: Research provides important insights into genetic adaptation of SARS-CoV-2 to humans Medical Life...

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Death, Suicides, And The Pandemic Economy

Yves here.I recall seeing articles reporting that suicides have risen due to Covid-19, with experts in the field saying the individuals killing themselves seem more determined than is normally the case, since many attempts are cries for help or impulsive. However, this post indicates that the data isn’t consistent with these reports, which were both local and anecdotal. That suggests that the rise in suicides so far is concentrated in communities more likely to get media attention, such as...

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Uber Destroys More Value: Demolishes Bikes from Failed Rental Businesses Rather Than Donate Them

Not that it’s needed, but if you are hankering for yet more evidence that Uber is run by a libertarian narcissists who actively resist doing the right thing because disruption, today’s object lesson comes from Uber’s certain-to-fail e-scooter and bike rental businesses. Uber capitulated to their predictabe mounting losses and shuttered those ventures. But rather than give the surplus bikes away, it had them “recycled,” which is weasel-speak for crushed. Now of course, Uber defenders might...

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Heiner Flassbeck: The Euro Arrangement Is Faulty

Yves here. Regular readers of this site are likely to have encountered previous interviews with Heiner Flassbeck, one of the few German economists who has been a consistent and sound critic of Eurozone arrangements, and in particular, the role Germany had played. Readers may also recognize that Flassbeck gives a fine primer on what is called “sectoral balances,” a topic we discussed extensively during the Eurozone wobbles (start in 2010 and 2011 as well as a New York Times op ed). By Lynn...

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2:00PM Water Cooler 5/28/2020

By Lambert Strether of Corrente. #COVID19 At reader request, I’ve added this daily chart. The data is the John Hopkins CSSE data. Here is the site. Today I thought I would look at international data. Brazil, the United Kingdom. Sweden, China: The vertical scale is scaled to the highlight, Brazil, and so the league leader, the United States, is not visible, but the differences between other states that otherwise are all jammed together at the bottom of the chart are now visible. While Brazil...

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