Monday, May 29, 2017
In place of market news....
Since there's pretty much no reason to look at market news right now, here's some other news:
Larry Summers - Trump's China deal is only a good deal for China. Looks like all he did was get a few things done for the corporate lobbyists. What a way to make America great again!
Polemic's Pains - doctors are now investing in bitcoin. And since doctors are about the worst investors out there, that doesn't bode well for bitcoin.
WSJ - lessons for labour in the fight for $15. Lesson #1 is that they should have been sticking up for the broader working class over the past 30 years, instead of becoming a bourgeois bunch of self-interested fucks.
John Quiggin - drug wars. Wanna save the US $300 billion a year? Easy: eliminate patents. No, seriously. US drug expenditure is $400B/y, while US drug research is only $40B.
NY Times - in fundamentalist theocracies, children are forced to marry their rapists. Like in the USA, for example. No, really. And of course the Republicans are in favour of it.