yep. softbank wants to spend $20b of actual dollars, so they can write down $40b of imaginary OpenAI equity value, so Vision Fund 2 is theoretically in the black pivot-to-ai.com/2025/08/27/s...

jamie dimon, of all the fuckers, says the bleedin obvious - the AI bubble is gonna fuck everything

www.news.com.au/finance/econ...

Yes. Along with “When the President claimed [x] just now, was he confabulating again?”

"does the president know what is real and what is not" is a legitimate question that should probably get asked a lot more

Note the wording.. Ms. Machado receives the prize for:
- promoting democratic rights
- struggle to achieve a just and peaceful transition
- At a time when democracy is under threat
- where democracy is in retreat
- more and more authoritarian regimes are challenging norm
www.nobelpeacecenter.org/en

BREAKING: A legal challenge has been launched in the Scottish courts to overturn the 'draconian' ban on Palestine Action

Here is the tale of how he ran one hospital chain into the ground. It's gruesome reading. He is not a good person. 2/ prospect.org/power/2023-1...

Thank you @nytopinion.nytimes.com for publishing this rot. Marc Rowan has run hundreds of companies into the dust to extract profits from their failure and bankruptcies. Now he wants to do the same to American higher education. Do not believe a word this man says. 1/ www.nytimes.com/2025/10/10/o...

”For sustained growth, governments often reach for tried-and-tested ideas, such as loosening regulations to build more roads or expand airports — giving less thought as to whether that growth is inclusive or undermines sustainability goals”

#Growth

www.nature.com/articles/d41...

Congratulations to Maria Corina Machado, recipient of the Nobel Peace Prize - her incredible optimism has already changed her country. I spoke to her, and wrote about her, at the beginning of this year:
www.theatlantic.com/internationa...

An overwhelming majority of ppl support a wealth tax bcs it's common sense. This is obfuscated with this weird paranoia that if we do that, the super rich will leave the UK to go to countries that have lower taxes.

But there already are such countries. Why are they still here?

Kudos to the subs. “Degrading practice” article is now the second most read on the Guardian site.

Apparently I forgot to mark the 89th birthday of my slightly less famous and less well-bearded name twin yesterday?!
To atone then, here's Brian (spelt wrong) Blessed as Duke Thomas Beaufort of Exeter, masterfully dropping some serious Shakespearian shade in Henry V (1989):

High-profile departures from the US - congrats to @econ.uzh.ch

Is that the same Edinburgh University, a Russell Group institution, with billions in a reserve fund? How is this not management incompetence (on top of the broken funding model)?

Thousands more university jobs cut as financial crisis deepens

www.bbc.co.uk/news/article...

Private Eye offers up an excellently scornful commentary on the relentless polling. It’s become ridiculous and has oversimplified our politics to dangerous levels of stupid and irresponsible.

Silence never saved anyone, they were coming after him for a book he wrote years ago

Like on top of all the rest of it - the kidnappings of our students. The twisting of the judiciary. The spinelessness of any form of opposition. The people who have seemingly vanished from a place that they literally call "Alligator Alcatraz" bec they think its catchy. It's a lot. And chilling.

My career is listening to people who flee places that get increasingly unsafe. A few months of "wait & see" can make a world of difference for safety & prospects. I've lived under authoritarianism myself.

Leticia James getting indicted, Mark Bray trying to flee & being stopped.

This is not okay.

3. Spearheaded by Dr. Hilary Cass (who has no background in treating gender dysphoria), the Cass Review was commissioned by conservative officials within the United Kingdom government under the auspices of needing “more evidence” to support gender-affirming care, and has been used to ban such care.

2. The Australian report, titled “Cass Review does not guide care for trans young people,” is the latest in a swelling body of literature debunking some of the most harmful myths propagated by the project—one laced with politically-charged and frankly shoddy pseudoscience.

1. A new journal report in the prestigious Medical Journal of Australia eviscerates the Cass review, saying it is filled with fallacies and launders anti-trans disinformation.

It methodically goes through each problem in the review.

The latest from S. Baum.

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