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Ukraine’s Hiroshima moment is drawing closer (the consequences of Neocon madness)

In August 1945, the US atom bombed the Japanese cities of Hiroshima and Nagasaki. Since then, nuclear weapons have never been used in conflict. That may soon change as Ukraine faces the increasing likelihood of a Hiroshima moment. Conditions in Ukraine increasingly give Russia military and geopolitical cause to use tactical nuclear weapons. Though Russia […]

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Preliminary benchmark revisions wipe out 30% of jobs growth in the past 16 months

 – by New Deal democrat Every month I write about the Jobs Report. But while it is timely, it is only an estimate. There is an actual census of over 95% of all employers that also gets reported, called the QCEW, and it is the “gold standard” of actual jobs growth (or loss). Its two drawbacks are that it is not seasonally adjusted, and it is reported almost 6 months after the end of the quarter it updates. Which is a lengthy introduction to...

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This Is a No-Win Situation

A dangerous maneuver by Ukraine, unless Putin and Russia are willing to capitulate after years of fighting. In any case and over time, Zelensky’s life will be in danger. Putin will be hunting for an opportunity to remove this antagonist. FP This Week – Ukraine Invades Russia On Aug. 6, Ukraine surprised the world with an incursion into the Russian region of Kursk. This upended a growing consensus in Washington and elsewhere that the conflict...

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Climate Crisis: Act or Suffer Consequences.

Climate change is often viewed as a distant threat. Many believe that economic growth will simply continue, unscathed. This is a dangerous misconception. Ignoring the reality of climate change is like ignoring a storm brewing on the horizon. It’s easy to think it won’t affect you until it’s too late. To mitigate climate change's economic impact, we need to act decisively. First, reducing private debt levels is crucial. High debt levels limit investment in...

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Heat Killed 50,000 in Europe Last Year–Are We Next?

Brief discussion by an intelligent basketball legend on hot weather caused by pollution and the resulting deaths from it. “Heat aggravated by carbon pollution killed 50,000 in Europe last year – study,” The Guardian, as discussed by Kareem Abdul-Jabbar Summary: Hot weather inflamed by carbon pollution killed nearly 50,000 people in Europe last year, with the continent warming at a much faster rate than other parts of the world, research has...

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