Category Archives: DOOM

Doom Watchlist

Something’s busted in the plumbing in finance: Is The Repo Market Fiasco About To Get Serious? Something’s crooked in the game of business: Fuzzy Math That Fueled Junk Debt Boom Is Sparking Jitters Peggy Noonan edges further into irrelevancy with … Continue reading

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UK Surprise

Wow. I tuned into BBC at 5PM EST to see the Exit Poll. I was stunned. I watched for the next two hours, waiting for some actual results. As I type this, it’s the 4AM EST hour and all of … Continue reading

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NY State Loses Suit Against Exxon Mobil

Exxon Mobil prevails in New York climate change lawsuit A judge on Tuesday ruled in favor of Exxon Mobil Corp in a lawsuit brought by New York state accusing the oil company of hiding from investors the true cost of … Continue reading

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The Bad Idea Of A Debt Jubilee Returns

A 5,000-Year-Old Plan to Erase Debts Is Now a Hot Topic in America In ancient Babylon, a newly enthroned king would declare a jubilee, wiping out the population’s debts. In modern America, a faint echo of that idea — call … Continue reading

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Tesla’s Cybertruck: Immediately Ban It From Cities

It’s not a truck. It’s a combat vehicle. It’s a Pedestrian Death Machine. If this thing ever gets to market, I hope police pull over its drivers again and again and again until the message is clear: Anyone who needs … Continue reading

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China’s Weak Spots: Battery Tech, Food, And Medicine Production

Here are today’s prominent headlines from Techmeme: It’s all China.

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WBAI-FM Radio In NYC Ends Local Service

Wow. It’s been ages since I was a listener. That station always seemed to be on the precipice of doom. Now doom has arrived. Even though it had hosts I often wanted to see punched in the face, I’m not … Continue reading

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Germany Succumbs To Financial Fragility

Economic twilight zone: Bonds that charge you for lending Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you’ll lose. Sounds absurd, but … Continue reading

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Rumorworld

Deepfakes Will Destroy Our Information Ecosphere Wait. It gets even worse.

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Hong Kong Protests: Not Just Beijing

He spends half his $1300 monthly salary on rent. This is why he’s fighting for a fairer Hong Kong Tse lives in Sham Shui Po, Hong Kong’s poorest neighborhood. In the most expensive city on earth, where apartments can cost … Continue reading

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