Tuesday, May 17, 2022

Gonzalo Lira forecast


An interview with Adorno

https://cominsitu.wordpress.com/2015/09/01/a-conversation-with-theodor-w-adorno-spiegel-1969/?fbclid=IwAR3h1tUg9Funzd98vaNaYhEUcmN5FedLRCOLauvNpUwZ06-2LMfpHx2O1_4Three weeks before his death. The interview itself is short; most of the articles is notes.

Gilbert Doctorow on village life in current Russia

“ Right now the key question is whether it is still too cool to plant the potatoes. When the birch trees are blooming, like now, is the right time to plant says one neighbor.  No, the real test is to lower your trousers and plant your butt on the soil; if it feels cold, wait a while. So much for folk wisdom… “ from Life in the village

Friday, May 13, 2022

Reviews of a recent book of Emmanuel Todd

 Emmanuel Todd’s Lineages of Modernity by  Ricardo Duchesne . There are interesting bits in the book but it seemed too sweeping and I could not complete reading it.

An earlier review by F.Roger Delvin which seems more readable.

 Cory Doctorow on How Weblogging Made His Brain What It Is Today

Cory DoctorowThe Memex Method. When Your Commonplace Book Is a Public Database: ‘The very act of recording your actions and impressions is itself powerfully mnemonic…. The genius of the blog was… in the publishing. The act of making your log-file public requires a rigor that keeping personal notes does not…. Repeated acts of public description adds each idea to a supersaturated, subconscious solution of fragmentary elements that have the potential to become something bigger. Every now and again, a few of these fragments will stick to each other and nucleate…. When one of those nucleation events occurs, the full-text search and tag-based retrieval tools built into Wordpress allow me to bring up everything I’ve ever written on the subject…. The availability of a deep, digital, searchable, published and public archive of my thoughts turns habits that would otherwise be time-wasters—or even harmful—into something valuable…. Systematically reviewing your older work to find the patterns in where you got it wrong (and right!) is hugely beneficial—it’s a useful process of introspection that makes it easier to spot and avoid your own pitfalls…. Two decades in, I can safely say that this community of peers, mentors, sounding boards, protégés, friends, combatants and interlocutors is more useful to me as a writer and a person than the even the prodigious instrumental benefits that blogging brings to my composition process… ”

Arianna Wright Rosenbluth

 Flash of Genius

 “Maybe we should’ve called it Arianna” by Andrew Gellman on Metropolis Algorithm

John Helmer an exile from Russia

 Exile “ In my case I’ve been driven into exile more than once. The current one is lasting the longest. This is the one from Moscow, which began with my expulsion by the Foreign Ministry on September 28, 2010.  The official sentence is Article 27(1) of the law No. 114-FZ — “necessary for the purposes of defence capability or security of the state, or public order, or protection of health of the population.” The reason, a foreign ministry official told an immigration service official when they didn’t know they were being overheard, was: “Helmer writes bad things about Russia.””

As one commenter said “ This seems so strange to me. That Helmer, who has done so much to set the facts straight, usually in favor of Russia and revealing the depth of American propaganda being used, that Helmer should be “exiled” in any way. I’ve always thought that nostalgia was an effect of our biological clock. That we became nostalgic for our youth just as we were no longer young. But being a political exile must be something different. Maybe because ideas don’t really decay. Nor facts. Interesting tidbit about the US putting a nuclear missile base in Deveselu, just west of Constanta, capable of demolishing southern Russia.”

Transcript of Michael Hudson interview with Benjamin Norton

 At Naked Capitalism

Wednesday, May 11, 2022

Scott Ritter ‘The Greatest Generation’

 The Greatest Generation “This is a letter by Scott Ritter, former US Marine Corps intelligence officer. It was published on RT as “An Open Letter To The American People – as Russia celebrates its WW2 victory over the Nazis”, but since RT is mostly banned in the west, I’ll post it here. It absolutely deserves that.” says  Raúl Ilargi Meijer. But it is available in Australia:

The Greatest Generation from RT

Michael Hudson with Ben Norton



Tuesday, May 10, 2022

A prescient speech by George W.Bush from 1991

 The vindication of George H W Bush  “not support those who seek independence in order to replace a far-off tyranny with a local despotism. They will not aid those who promote a suicidal nationalism based upon ethnic hatred.”

Pasoori lyrics translation


Friday, May 06, 2022

A friend recommends ‘The Desciple’

 Review: ‘The Disciple’ is already one of the year’s best movies. Does Netflix know — or care?

On China’s economy

 Gulzar Natarajan summarises the problems which relate the slowdown of Chinese economy to its COVID policies: China update - The Bad Emperor problem hastens even as economic prospects dim

Michael Pettit sees more familiar structural problems The Only Five Paths China’s Economy Can Follow

 Once it is recognized that China’s surging debt burden is a function of nonproductive investment, and that this investment must eventually be curtailed, it turns out that there are a limited number of ways the economy can continue growing. Any economy broadly speaking has only three sources of demand that can drive growth: consumption, investment, and trade surpluses. For that reason, there are basically five paths that China’s economy could take going forward.

  1. China can stay on its current path and keep letting large amounts of nonproductive investment continue driving the country’s debt burden up indefinitely
  2. China can reduce the large amount of nonproductive investment on which it relies to drive growth and replace it with productive investment in forms like new technology
  3. China can reduce the large amount of nonproductive investment on which it relies to drive growth and replace it with rising consumption
  4. China can reduce the large amount of nonproductive investment on which it relies to drive growth and replace it with a growing trade surplus
  5. China can reduce the large amount of nonproductive investment on which it relies to drive growth and replace it with nothing, in which case growth would necessarily slow sharply