Key Institutional Crypto Player, Genesis, on Verge of Failure; Possibility of “Apocalyptic” Bitcoin Liquidation

  • Post category:Finance

Due to the fact that your humble blogger is not feeling so hot, forgive me for giving you a thin treatment of the wobbles and likely-looking collapse of a key crypto concern, Genesis. However, two excellent tweetstorms cover most of the…

Continue ReadingKey Institutional Crypto Player, Genesis, on Verge of Failure; Possibility of “Apocalyptic” Bitcoin Liquidation

Links 11/23/2022

  • Post category:Finance

British man catches absolutely massive goldfish Boing Boing (resilc) Warmest Tent on Earth – Pitching in the Siberian Arctic Winter – Ненецкая палатка чум YouTube (resilc) Nomadic lifestyle of the northern mountains of Iran in Winter YouTube (resilc). ZOMG, the father…

Continue ReadingLinks 11/23/2022

Polish President Andrzej Duda Doesn’t Want War With Russia, But He Doesn’t Want To Tell Polish Voters

  • Post category:Finance

Yves here. ZOMG, this is delicious. Duda spoke for over seven minutes to comedians pretending to be Macron. Duda made some admissions that aren’t going over so well. You would think after Macron was naughty and had some reporters in the…

Continue ReadingPolish President Andrzej Duda Doesn’t Want War With Russia, But He Doesn’t Want To Tell Polish Voters

Link 11/22/2022

  • Post category:Finance

How Wild Turkeys Find Love New York Times The Return of the Wild Turkey New Yorker (resilc) Mapping Lyme disease across western North America PhysOrg (David L) Expert Proposes a Method For Telling if We All Live in a Computer Program…

Continue ReadingLink 11/22/2022

University of California Comes to a Standstill as Academic Workers Strike

  • Post category:Finance

Yves here. It’s been a long-standing disgrace that college and university tuitions have exploded, rising far faster than inflation, and have gone almost entirely into adminisphere bloat and gold-plated facilities. Aside from top professors (who typically make more consulting than working…

Continue ReadingUniversity of California Comes to a Standstill as Academic Workers Strike

The Stavka Memorandum: Russia Means Military Power Plus Diselectrification of the Ukraine (“Stormy and Prolonged Applause”)

  • Post category:Finance

Yves here. John Helmer is continuing his series on the Russia’s campaign against Ukraine’s electrical grid. Note that in its last round of strikes, Russia started hitting gas distribution as well. Helmer provides intriguing detail in how Russia is identifying targets.…

Continue ReadingThe Stavka Memorandum: Russia Means Military Power Plus Diselectrification of the Ukraine (“Stormy and Prolonged Applause”)

Links 11/19/2022

  • Post category:Finance

Hybrid ‘Brolar Bears’ Could Spread Through The Arctic as The Planet Warms ScienceAlert (Chuck L) Sheep flocks operate as a type of ‘collective intelligence’ and elect temporary leaders to guide them while moving ZMEScience (Dr. Kevin) What is the Boundary Waters…

Continue ReadingLinks 11/19/2022

With COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’

  • Post category:Finance

Yves here. Sadly, the COP producing very little is no surprise. What is maybe a surprise is more and more people agitating against climate inaction. By Jessica Corbett. Originally published at Common Dreams As the United Nations Climate Change Conference in…

Continue ReadingWith COP Gridlocked, Critics Blast ’27 Years of Obstructionism, Delay, and Greenwashing’

FTX: New Ex-Enron CEO Finds “Complete Absence of Trustworthy Financial Information,” $3.3 Billion Loans to SBF, Customer Deposits Not Recorded on Balance Sheets; Confirms Software Backdoors, Auto-Deleted Communications

  • Post category:Finance

It was really hard to get the most important stunningly bad findings from the latest FTX bankruptcy filing in a headline. So read on for more thrills and chills! John J. Ray III, the newly appointed CEO of bankrupt crypto player…

Continue ReadingFTX: New Ex-Enron CEO Finds “Complete Absence of Trustworthy Financial Information,” $3.3 Billion Loans to SBF, Customer Deposits Not Recorded on Balance Sheets; Confirms Software Backdoors, Auto-Deleted Communications

Why Don’t The Poles Admit the War Isn’t Winning the Next Polish Election and Isn’t in Poland’s National Interest – Unless Zelensky Loses Galicia to Poland, Again

  • Post category:Finance

Yves here. This John Helmer post explains that ordinary Poles are mighty unhappy with Zelensky not apologizing for the errant Ukraine US300 missile that killed two Polish farmers yesterday and nearly dragged NATO into the conflict and instead continuing to insist…

Continue ReadingWhy Don’t The Poles Admit the War Isn’t Winning the Next Polish Election and Isn’t in Poland’s National Interest – Unless Zelensky Loses Galicia to Poland, Again

Sick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties

  • Post category:Finance

Yves here. Thanks above all to the pioneering and in-depth work of Eileen Appelbaum and Rosemary Batt, the press, Congresscritters, and the victimized general public have gotten an idea of how private equity’s exploitation of the many chokepoints in health care…

Continue ReadingSick Profit: Investigating Private Equity’s Stealthy Takeover of Health Care Across Cities and Specialties

Links 11/16/2022

  • Post category:Finance

Rare Asian golden cat spotted in northeast Thailand Thaiger (furzy). Pretty! Cogitating black holes aeon 3D microscope video tracks virus zipping around in real time New Atlas (furzy) Dead Ascending a Staircase The Baffler (Anthony L) Sperm count is declining at…

Continue ReadingLinks 11/16/2022

Russia Continues to Escalate Electrical Grid/Infrastructure Attacks; Charges Over Attack on Poland Shift Focus from Damage

  • Post category:Finance

We’ve been saying for some time that both the Russian Ministry of Defense and the Western press have been saying peculiarly little about Russia’s ongoing attacks against the Ukraine electrical grid and other supposed dual military/civilian use infrastructure. But sometimes things…

Continue ReadingRussia Continues to Escalate Electrical Grid/Infrastructure Attacks; Charges Over Attack on Poland Shift Focus from Damage

When Marshal Kutuzov Joins General Winter and General Surovikin, What Happens Next on the Front

  • Post category:Finance

Yves here. This post by John Helmer underscores the degree to which Russia approaches war differently than the West. Despite the micro focus and emotion-button-pushing of some Russian commentators, a, arguably the, guiding principle for Russia’s conduct of war is economy…

Continue ReadingWhen Marshal Kutuzov Joins General Winter and General Surovikin, What Happens Next on the Front

COP27 Fiddling as World Warms

  • Post category:Finance

By Adnan A Hezri, an environmental policy analyst, Fellow of the Academy of Sciences, Malaysia, and  author of The Sustainability Shift: Reshaping Malaysia’s Future and Jomo Kwame Sundaram, former UN Assistant Secretary General for Economic Development. Originally published at Jomo’s website The latest annual…

Continue ReadingCOP27 Fiddling as World Warms

Links 11/15/2022

  • Post category:Finance

If bumblebees can play, does it mean they have feelings? This study suggests yes NPR (David L) Honey bee life spans are 50% shorter today than they were 50 years ago PhysOrg (Kevin W) NASA’s Hubble Captures Magnificent Image of Intergalactic…

Continue ReadingLinks 11/15/2022

Links 11/12/2022

  • Post category:Finance

Slaves to the rhythm: rats can’t resist a good beat, researchers say Guardian (David L) The lava from Indonesia's Kawah Ijen volcano has an electric blue appearance Large quantities of sulfuric gases emerge at high pressures along with the lava, exposed…

Continue ReadingLinks 11/12/2022

Homelessness Among Older People Is on the Rise, Driven by Inflation and the Housing Crunch

  • Post category:Finance

Yves here. This report on desperation among older people is both sad and infuriating. Anglo cultures promote nuclear families, which makes them a poor safety net. Neoliberalism has gutted social services, weakened community ties, increased housing costs, and shortened job tenures.…

Continue ReadingHomelessness Among Older People Is on the Rise, Driven by Inflation and the Housing Crunch

Knowledge Overconfidence: “Why do the heathen rage, and the people imagine a vain thing?”

  • Post category:Finance

Yves here. Some recent paper attempt to show that those who don’t buy into the scientific consensus on many topics suffer from Dunning Kruger effect, as in overestimating their knowledge and yet having great certainty. But the conundrum is that many…

Continue ReadingKnowledge Overconfidence: “Why do the heathen rage, and the people imagine a vain thing?”

Links 11/9/2022

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Baby Elephant Thanks Young Woman Who Helped Free Their Stuck Feet From Roadside Mud Laughing Squid (resilc) Birds fall to Earth from Delhi’s toxic skies. Two brothers are there to save them NPR (furzy) Vermont Woman Mauled by Bear in Her…

Continue ReadingLinks 11/9/2022

Links 11/8/2022

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Fascinating Macro Photos Look at the Diverse Design of Butterly Pupae PetaPixel (David L) What time is the Blood Moon total lunar eclipse on Nov. 8? Space (furzy) A total eclipse happens this week, and it will be the last one…

Continue ReadingLinks 11/8/2022