Links 10/19/2021 | naked capitalism

by nyljaouadi1
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The Absolute Simplest Explanation for America’s Supply Chain Woes Slate

Markets Start to Bow to the Inflation Reality John Authers, Bloomberg. Uh oh, better forget about that Reconciliation bill!

Inflation in the economy today is different. Here are four charts that can explain why. WaPo

We Need to Think Harder About Inflation Stephanie Kelton, The Lens

Mint After Reading: Philip Diehl Talks with Rohan Grey (transcript) MR Online. Diehl: “[T]here is no language in that provision of law that authorizes the platinum coin that says anything about pricing.”


More Than One-Third of Chicago Police Department Hasn’t Reported Vaccination Status, City Says NBC Chicago. See below on “First Responders.”

Live blog: Workers face termination as vaccine deadline lands (live blog) KUOW (pq).

* * *

Anti-SARS-CoV-2 IgA Identifies Asymptomatic Infection in First Responders (accepted manuscript) (PDF) Journal of Infectious Diseases. n = 1007. From the Abstract: “Longitudinal serosurvey of first responders (police, emergency medical service providers, fire fighters, and other staff) employing three serologic tests: anti-spike IgA, anti-spike IgG, and antinucleocapsid IgG correlated with surveys assessing occupational and non-occupational risk, exposure to COVID-19 and illnesses consistent with COVID-19…. Twelve percent of first responders in Colorado at baseline and 22% at follow-up were assessed as having SARS-CoV-2 infection. Five percent at baseline and 6% at follow-up were seropositive only for IgA. Among those IgA positive only at baseline, the majority 69% had a positive antibody at follow-up. 45% of those infected at baseline and 33% at follow-up were asymptomatic. At all time points, the estimated cumulative incidence in our study was higher than that in the general population…. First responders are at high risk of infection with SARS-CoV-2.” So, speaking of the police…

Analysis of SARS-CoV-2 replication in explant cultures of the human upper respiratory tract reveals broad tissue tropism of wild-type and B.1.1.7 variant viruses (accepted manuscript) (PDF) Journal of Infectious Diseases. From the Discussion: “Widespread replication competence of SARS-CoV-2 in various [Upper Respiratory Tract* (URT)] and salivary gland tissues, as shown in this study, very likely contributes to high viral titers and efficient transmission of SARS-CoV-2 between people. High viral loads in URT further allow seeding of virus to the lower respiratory tract as seen in the pulmonary phase of COVID-19.” This would seem to reinforce the utility of nasal spray (and throat) prophylactics. And a nasal spray vaccine — which would invoke a whole separate, “mucosal”” immune system (!), can’t come soon enough for me. I don’t want to say that “jabs in arms” is equivalent to “let ‘er rip,” but it’s certainly misconceived as a forward defense. NOTE * The nose and nasal cavity, the pharynx, and the larynx.

New Delta descendant may be more infectious than its ancestor FT. “This AY.4.2 subvariant has only recently been recognised by virologists who follow the genetic evolution of Delta but it already accounts for almost 10 per cent of UK cases.” AY.4.2 is not yet a “Variant under Investigation,” at which point it gets its Greek letter.


Will China’s Sputtering GDP Crush Luxury Brand Hopes? Jing Daily

The Impact of Sino-American Rivalry on Russia’s Relations With China Carnegie Moscow Center

China did not test hypersonic nuclear missile, foreign ministry says South China Morning Post

Power batteries meet the challenge of carbon reduction when going abroad, battery recycling becomes a “compulsory course” under the “carbon trade barrier” What China Reads


Myanmar junta chief says committed to restoring peace, democracy Reuters. Meanwhile:

This is very bad. If we get involved, we’ll [family blog] it up. We have form.

Myanmar Military Struggles to Adapt to New Kind of Conflict The Irrawaddy. A review of the bidding, well worth a read. Big if true (note the source):

Note the terrain; I’d say Varus could lose a few legions on those long, narrow, upland roads.

Myanmar Seeking Return of Foreign Tourists by Early 2022 Bloomberg. Making resorts a target…

Facebook Fights Release of Records in Myanmar Genocide Case Bloomberg

Thailand to cease Sinovac COVID-19 vaccine use when stocks end this month Channel News Asia


Report: As Power Crisis Worsens, India Presses Qatar for Delayed LNG Cargoes MarineLink. India too?

The nightmare of India’s tallest rubbish mountain BBC (Re Silc).


Global Population Control Boris Johnson (see also The Telegraph). From 2007, still germane. Johnson: “How the hell can we witter on about tackling global warming, and reducing consumption, when we are continuing to add so relentlessly to the number of consumers? … This is a straightforward question of population, and the eventual size of the human race.”

Welsh independence to be considered by commission BBC

Top English private schools put Chinese communists on boards The Times

Brussels vows to punish Poland for challenging supremacy of EU law FT

New Cold War

‘Open door to NATO’ for Georgia, Ukraine as Pentagon chief Austin visits eastern Europe Washington Times

Red line: Ukraine joining NATO would be ‘worst-case scenario’ for Moscow, response would involve ‘active measures,’ says Kremlin RT

Ecuadorean indigenous communities sue to halt oil development Reuters

The Caribbean

‘CITGO 6’ oil execs held in Venezuela were picked up by country’s forces hours after Alex Saab’s extradition to US CNN

Iranian supertanker departing from Venezuela to transport heavy oil Reuters

Haitian prime minister forced to flee official ceremony after armed gangs appear Guardian

Biden Administration

Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar WaPo. “[T]he new proposal will instead require the provision of additional information for accounts with more than $10,000 in annual deposits or withdrawals.” They’ve still got the decimal point in the wrong place. Shorter: Democrats, looking the midterms squarely in the eyes, pass new bank reporting requirements that will hit lower-income voters (because if you think this will be applied to anyone else, I have a bridge I want to sell you). Good job!

New rule to require IRS tax on cash app business transactions NBC San Antonio. This $600 is a Treasury rule, separate from the $600 reporting requirement pending in Congress. Ditto.

Fed Chair Powell sold millions in stocks days before October 2020 tank NY Post. Congress can play the ponies. Why not the Fed?

Breaking Biden’s diplomatic logjam Axios


Stephen Colbert Tells Rep. Adam Schiff What Russian Oligarch Revealed About Trump ‘Pee Tape’ HuffPo. I can’t believe they’ve exhumed Christopher Steele. Or Colbert.

Capitol Seizure

New Capitol Surveillance Footage Shows A Breach By Jan. 6 Rioters From Start To Finish Buzzfeed

We Built DC Into an Urban Fortress After 9/11. And January 6 Proved It Was Penetrable. The Washingtonian. From September, still germane.

Our Famously Free Press

The Chicago Tribune is being murdered before our eyes Cory Doctorow, Pluralistic. The perp: Alden Capital.

Colin Powell

Powell death leads to bipartisan outpouring of grief The Hill. Yet Henry Kissinger still lives.

Creator Of World’s Most Effective Anti-War Meme Dead At 84 Caitlin Johnstone

Imperial Collapse Watch

Float, Move, and Fight Foreign Policy. The deck: “How the U.S. Navy lost the shipbuilding race.”

Guillotine Watch

Microsoft Executives Told Bill Gates to Stop Emailing a Female Staffer Years Ago WSJ

Class Warfare

Kellogg’s strike:

A Very Big Little Country AFAR

Lament For The Pickup Truck The American Conservative

Antidote du Jour (via):

See yesterday’s Antidote du Jour here.

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