Friday , October 22 2021
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Tag Archives: Guest Post

2:00PM Water Cooler 10/20/2021

By Lambert Strether of Corrente. Bird Song of the Day Media notes: “Trilling made by a chick which has just left the nest hollow for good and is taking its first flights. At least one if not both of the adults were present the entire time while the chick left the nest and climbed higher up the nest tree. Occasionally one of the adults would fly further afield only to return. The adults did not vocalise. The chick eventually flew into one of the nearby trees (paperbark).” * * * #COVID19...

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The Agribusiness Alliance for a Green Revolution Failed Africa

Yves here. Agriculture/food sustainability expert Tim Wise speaks to Lynn Fries on how the promise that “modern,” as in “green revolution” or Big Ag approaches would revolutionize food production in poor nations and reduce hunger. Revolutionize they sure did, but not in the way they promised, in terms of results. As Wise explains, this push to displace small farmers and traditional practices hasn’t simply enriched foreign business interests. It has increased hunger. By Lynn Fries. Originally...

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John Deere Strike: A Union Member Explains How Bad Faith Dealings Produced Today’s Grievances

Yves here. Reader TroyIA, who works at John Deere, has graciously provided us with an important background to strike, most of all the too-clever provisions that management won in past contract negotiations that turned out markedly worse for union members than they were led to believe. A centerpiece is the hated incentive plan CIPP, which not only due to tricks and traps regularly fails to yield any payments despite a unit appearing to hit targets, but can even deliver negative payments, as in...

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Spike in Energy Prices Suggests That Sharp Changes Are Ahead

Yves here. Leroy R recommended the last Gail Tverberg piece, where she broadens out from her usual focus on energy to the issues of complexity and collapse. I decided to repost it because it’s meaty and thus likely to provoke a good discussion. That said, while I agree completely with her overview statement, that the trend towards complexity has gone too far, I have to beg to differ with her in making energy a central driver. What has made the increase in “complexity” destabilizing is that it...

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Brexit: David Frost’s Bluster Can’t Wish Away the Northern Ireland Protocol

Yves here. I am behind in providing an update on the state of Brexit, now that the UK has officially gotten stroppy over the Northern Ireland protocol and the EU has formulated some fixed. But this openDemocracy piece provides a good overview of the issues in play, especially the UK’s belief that it holds a trump card in its threat to trigger an Article 16 dispute. Regular readers will note that the UK, true to form, is overplaying its hand. By George Peretz, a queen’s counsel in England and...

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2:00PM Water Cooler 10/19/2021

By Lambert Strether of Corrente. Bird Song of the Day * * * #COVID19 Patient readers, I have started to revise this section, partly to reduce my workload, but partly to focus more as an early warning, if that is possible. Hopefully I will have a variant tracker map soon. In the meantime, I added excess deaths. Vaccination by region: Coercion works? Or boosters? (I have also not said, because it’s too obvious, that if by Bubba we mean The South, then Bubba has done pretty well on vax.) 57%...

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It’s OK To Be Angry. How Else Will We Change the World?

Yves here. I am a big believer in anger. It’s been disconcerting, if revealing, to see the degree to which even fairly mild forms of conflict are increasingly treated as deviant behavior. One staple is the small city public meeting where a citizen gets up to complain about something in public comments. Even if his tone remains measured, straight talk is often depicted by the chair as angry or disrespectful….as if any criticism is out of line and public officials were superior to their...

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Links 10/19/2021

The Absolute Simplest Explanation for America’s Supply Chain Woes Slate Markets Start to Bow to the Inflation Reality John Authers, Bloomberg. Uh oh, better forget about that Reconciliation bill! Inflation in the economy today is different. Here are four charts that can explain why. WaPo We Need to Think Harder About Inflation Stephanie Kelton, The Lens Mint After Reading: Philip Diehl Talks with Rohan Grey (transcript) MR Online. Diehl: “[T]here is no language in that provision of law that...

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Things Are Getting Messy In Draghi’s Italy

Sixteen percent of the country’s officially employed workforce just lost their jobs (temporarily for the moment). And as one would expect, they’re not happy.   It is a strange experience watching the events currently unfolding in Italy from the relative calm and normality of Catalonia. As I reported in August, Spain’s Supreme Court ruled against the use of covid passports to restrict access to public spaces — specifically hospitality businesses (bars, restaurants and nightclubs). Since then...

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Jim Chanos: China’s “Leveraged Prosperity” Model is Doomed. And That’s Not the Worst

Yves here. We’ve pointed out from time to time with respect to China that no large economy has ever made the transition from being investment-led to consumption-led without suffering a financial crisis. Here, short-seller Jim Chanos, who has been too early with respect to China longer than Nouriel Roubini was with respect to the global financial crisis, argues that the Chinese real estate bubble has gotten so out of hand despite repeated efforts by the government to let air out of it that bad...

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