The Angry Bear

Will Tether Bring All The Cryptocurrencies Way Down?  I do not know, but there is a fairly serious argument now out there that this could happen.  It is made by Gennaro at hackermoon.com/tether-and-the-great-crypto-ice-age-115h329k , picked up on by Tyler Cowen on Marginal Revolution without comment. Among those Gennaro cites at least partly supporting his argument is Nassim N. Taleb. So the argument is that bitcoin and most other major...

I subscribe to various sites from which I extract data. Each morning, this is my read while drinking my coffee – black. A brief Introduction as taken from Professor Richardson’s site: This is a chronicle of today’s political landscape, but because you can’t get a grip on today’s politics without an outline of America’s Constitution, and laws, and the economy, and social customs, this newsletter explores what it means, and what it has meant, to be...

Commenter Mike Smith (?) has another good comment up in the Open Thread. I am putting him out here also in the main stream. Thanks Mike. As media becomes more and more “boring” there is considerable ince time for news outlets to begin reporting from the sidelines again as Trump ramps up his 2024 campaign. Here in Texas, we already have people donating and flying Trump 2024 flags, Texans For Trump is all too often. As the Democrats yell at each...

Tags: open thread

Coronavirus dashboard for June 21: watching the States with flat or increasing rates of new cases For the past week I have been sounding the alarm about the economic impact of the “delta” variant of COVID. We are probably already beginning to see its impact on the case count in several States, with many more primed to join the pack, so that is what I want to focus on today. To begin with, let’s compare the 3 countries that have had the most...

The Iranian Presidential Election  The outcome is as expected, a solid victory with 18 out of 28 million votes or so for the hardline winner, Ebrahim Raisi, who is currently head of the Supreme Court.  He was previously Attorney General, ran four years ago for president, and has a long history of being a public prosecutor going back into his 20s (he is now 60). In 1988 he played a role in the killing of about 5,000 prisoners, which led him to be...

Medicare For All? Start At The Beginning: Cover All Births And Modernize Maternity Care | Health Affairs It has been two years since I wrote on women’s healthcare and three important topics impacting women; clinical trials done without women participants, a failing birth control device – Essure, and maternal healthcare. The Health Affairs article is suggesting Medicare for all Maternal Care as an improvement to lacking healthcare for all women....

Producer Price Index YoY Records for Final Demand and Intermediate Services; 46 year High for Intermediate Goods, 48 year High for Raw Materials Commenter RJS and MarketWatch 666 blogger The seasonally adjusted Producer Price Index (PPI) for final demand rose 0.8% in April, as prices for finished wholesale goods rose 1.5% while margins of final services providers rose 0.6%…that increase followed an April report that the PPI was 0.6% higher, as...

Coronavirus dashboard for June 17: big progress since 1 year ago; big “Delta” challenge still ahead One year ago today, in my Coronavirus Dashboard for June 17, here was my graph of cases Which I described as: As shown in the graph above, [after Arizona at 214 per million population] the remaining “top 10” are all States in the Confederacy, High Plains, and Mountain West. In order, (showing rates of new infections per million as of June...

And if it continues to be this dry, it could become the most severe megadrought on this entire chart. “The only reason this drought is lagging behind that 1500s drought is because it’s so young,” Williams said. Via The Guardian comes this article on the current heatwave in the US…personally I have stories ranging from ducks not reproducing because of the heat and drought in Montana to severe water use restrictions in San Jose… What tree...