Global Warming

Why Australia's Economy Is A House Of Cards

"For over a quarter of a century our economy mostly grew because of dumb luck... As a whole, the Australian economy has grown through a property bubble inflating on top of a mining bubble, built on top of a commodities bubble, driven by a China bubble....Unfortunately for Australia, that “lucky” free ride is just about to end..."

Don't Mix Politics And Climate Science

"Poor societies cannot afford to care about the environment. They cannot afford research and development. The government wants people to believe it is the only means of addressing ecological problems.  But the state can be counted on to just use any new powers as a means of control, and in the long run - to impoverish societies and block the progress of civilization."

Frontrunning: November 3

  • House GOP Readies for Tax-Bill Battle (WSJ)
  • GOP’s United Front on Tax Cuts Masks Divisions (BBG)
  • Republican tax plan a blow to Democratic states, officials say (Reuters)
  • As Trump Embarks on Asia Tour, North Korea Looms Large (WSJ)
  • Apple Store Lines Return as iPhone X Debuts (WSJ)

Frontrunning: October 10

  • Thousands Flee as Deadly Fires Ravage California Wine Country (WSJ)
  • Trump Allies Fear Corker Feud Threatens Tax Plan (BBG)
  • Catalans Face Day of Reckoning (BBG)
  • Puerto Rico’s $74 Billion Burden Left It Helpless When Maria Hit (BBG)
  • Brain Drain Index: The Smartest Americans Are Heading West (BBG)

Government By Goldman

"...now Cohn’s in charge of the economy and talking about eliminating financial reform and basically putting the country back to where it was in 2005, as if 2008 didn’t happen. I’ve started the countdown clock to the next financial crash, which will make the last one look mild."