Categories Finance

Links for September 1, 2026 | Naked Capitalism

Good Books So Far This Year – Chia Talk

Anna Has Grown 600 Meadow Plants This Year – Here Are Her Tips – Naturisdan (via machine translation, Micael T)

1.4-Million-Year-Old Footprints Reveal a Surprisingly Large Human Relative – Science Daily (Kevin W)

Why CDs May Be Making a Comeback, According to a Vinyl Industry Expert – Interview – LoudWire (Micael T)

Climate and Environment

Earth’s Oceans Just Hit Their Hottest Temperature Ever—It’s Only Going to Get Worse – Scientific American

Study Suggests That Climate Change Is Intensifying El Niño Events – Independent

Permafrost in Rapid Decline Across the Globe – Environment Journal

Siberia’s Methane Emissions Surge; Wildfires Are Only Half the Story – Earth

‘Everything Is Covered in Ash’: Indonesia Wildfires Leave People in Crisis – Aljazeera

Extreme Weather Has Cost California Farmers Over $800 Million This Year – Fortune

Water

Record $5.3 Million Paid by Tanker for Panama Canal Transit Amid El Niño Drought – Euronews

<h2>Nepal</h2>
<blockquote>
    <p><a href="https://www.cnn.com/2026/08/31/world/live-news/nepal-china-flood" rel="nofollow" target="_blank">Nepal-China Flood Disaster Death Toll Exceeds 1,000</a> - CNN</p>
    <p><a href="https://apnews.com/article/nepal-floods-hydro-dams-climate-change-021880ee5a7ac49ac376c6b3378ff97e" rel="nofollow" target="_blank">Nepal Floods Highlight Risks to Hydropower in a Warming Himalayas</a> - Associated Press</p>
</blockquote>

<h2>China</h2>
<blockquote>
    <p><a href="https://archive.md/q5Fwp#selection-907.0-907.56" rel="nofollow" target="_blank">Will U.S. Threats Over Iran Prove to Be the Last Straw for Beijing?</a> - South China Morning Post</p>
    <center>*   *   *</center>
    <p><a href="https://www.reuters.com/business/aerospace-defense/chinas-three-biggest-airlines-post-heavy-first-half-losses-fuel-shock-bites-2026-08-31/" rel="nofollow" target="_blank">China's Three Largest Airlines Report Significant Losses as Fuel Costs Surge</a> - Reuters</p>
    <p><a href="https://www.cnbc.com/2026/08/31/china-pmi-august-economy-slowdown.html" rel="nofollow" target="_blank">China Faces Growing Economic Strain from Weak Domestic Demand and Ongoing Property Downturn</a> - CNBC</p>
    <p><a href="https://www.beckchoice.co.uk/news/repeated-typhoons-deepen-congestion-at-shanghai-and-ningbo-ports" rel="nofollow" target="_blank">Frequent Typhoons Lead to Increased Congestion at Shanghai and Ningbo Ports</a> - Beckchoice</p>
    <p><a href="https://www.france24.com/en/pacific-summit-opens-amid-taiwan-row" rel="nofollow" target="_blank">Pacific Summit Opens Amid Tensions Over Taiwan</a> - France24</p>
</blockquote>

<h2>Japan</h2>
<blockquote>
    <p><a href="https://asia.nikkei.com/business/markets/bonds/japan-10-year-bond-yield-hits-3-highest-in-30-years" rel="nofollow" target="_blank">Japan's 10-Year Bond Yield Reaches 3%, Highest Level in 30 Years</a> - Nikkei</p>
</blockquote>

<h2>Korea</h2>
<blockquote>
    <p><a href="https://m.ajupress.com/amp/20260830122722763" rel="nofollow" target="_blank">Shin Warns That Korea's Financial Risks Are Approaching Crisis Levels</a> - AJP</p>
</blockquote>

<h2>Southeast Asia</h2>
<blockquote>
    <p>Pattaya earned its reputation as Asia's sex capital by attracting sailors during the Vietnam War. However, Thailand now seeks to reshape Pattaya's image to be "family-friendly." Despite these efforts, Walking Street remains the primary spot for finding individuals offering companionship, with Soi 6 and 7 also being popular nightlife areas.</p>
    <p>A longtime resident commented, "Who made this decision? It seems unlikely that Thais would support this, as it will only push bar girls onto Beach Road."</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">Pattaya Bars US Navy Personnel from Soi 6</p>
        <p>Pattaya authorities have declared Soi 6, Soi 6/1, and Soi 7 off-limits to US Navy personnel during the USS Abraham Lincoln’s port visit to Chon Buri from September 2-6. Over 5,000 US Navy personnel are expected to visit the area...</p>
        <p>— Khaosod English (@KhaosodEnglish) <a href="https://x.com/KhaosodEnglish/status/2094636017773072429?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>
    <p><a href="https://www.straitstimes.com/opinion/what-to-do-with-myanmar-asean-has-limited-options-against-its-rogue-member" rel="nofollow" target="_blank">What To Do About Myanmar? ASEAN Has Limited Options Against Its Rogue Member</a> - Straits Times</p>
</blockquote>

<h2>India</h2>
<blockquote>
    <p><a href="https://www.dw.com/en/india-data-centers-boom-as-water-supply-runs-low/a-78335533" rel="nofollow" target="_blank">India: Data Centers Experience Boom as Water Supply Dwindles</a> - DW</p>
</blockquote>

<h2>Africa</h2>
<blockquote>
    <p><a href="https://www.theguardian.com/world/2026/aug/30/humanitarian-crisis-worsening-refuge-civilians-sudan-el-obeid" rel="nofollow" target="_blank">Civilians Fleeing Sudan's Civil War Confront 'Dire and Deteriorating' Conditions in Refugee Cities</a> - Guardian</p>
    <p><a href="https://www.premiumtimesng.com/news/headlines/906327-attempted-coup-niger-junta-still-in-control-but-situation-remains-tense.html" rel="nofollow" target="_blank">Attempted Coup: Niger Junta Remains in Control, But Situation Stays Tense</a> - Premium Times</p>
    <p><a href="https://addisstandard.com/delayed-rains-broken-promises-why-political-choices-could-turn-tigrays-drought-into-famine-yet-again/" rel="nofollow" target="_blank">Delayed Rains, Broken Promises: Why Political Decisions Could Turn Tigray’s Drought Into Famine Again</a> - Addis Standard</p>
</blockquote>

<h2>South of the Border</h2>
<blockquote>
    <p><a href="https://www.reuters.com/business/environment/even-cubas-stray-cats-are-feeling-heat-crisis-deepens-2026-08-28/" rel="nofollow" target="_blank">Cuba's Stray Cats Suffering from Intensifying Crisis</a> - Reuters</p>
    <p><a href="https://www.theguardian.com/world/2026/aug/30/venezuela-delcy-rodriguez-says-oil-deal-with-trump-has-endless-benefits" rel="nofollow" target="_blank">Venezuela’s Delcy Rodríguez Defends Oil Deal with Trump as Offering 'Endless' Benefits</a> - Guardian. A diplomatic source notes that Venezuela plans to allow the U.S. to fund infrastructure, only to seize the assets later.</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">⚡️NEW: Elements of Venezuelan Government Loyal to Chavismo Warn of Potential U.S. Attack</p>
        <p>Community leaders in the 23 de Enero parish, a stronghold of Chavismo resistance in Caracas, fear that the U.S. will attempt to dismantle their grassroots democracy.</p>
        <p>— Drop Site (@DropSiteNews) <a href="https://x.com/DropSiteNews/status/2092984589392257266?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 27, 2026</a></p>
    </blockquote>
    <p><a href="https://responsiblestatecraft.org/us-military-latin-america/" rel="nofollow" target="_blank">Current U.S. Military Operations in Latin America: What Do They Look Like?</a> - Responsible Statecraft (resilc)</p>
</blockquote>

<h2>O Canada</h2>
<blockquote>
    <p><a href="https://www.independent.co.uk/news/world/americas/us-politics/trump-canada-businesses-truth-social-b3041901.html" rel="nofollow" target="_blank">Trump Demands All Canadian Companies with U.S. Business Operations Relocate to America 'Immediately'</a> - Independent</p>
    <p><a href="https://money.ca/managing-money/debt/canadian-consumer-debt-hits-264-trillion-wealthy-borrowers" rel="nofollow" target="_blank">‘Doomspending’ Drives Canadian Consumer Debt to Record Highs—Driven Primarily by Wealthier Borrowers</a> - Money</p>
</blockquote>

<h2>European Disunion</h2>
<blockquote>
    <p><a href="https://archive.is/YJbBC#selection-2225.4-2225.65" rel="nofollow" target="_blank">Gas Crisis Threatens to Derail Germany’s Fragile Recovery</a> - Telegraph</p>
    <p><a href="https://www.euronews.com/2026/08/27/strict-rules-on-french-cheesemaking-relaxed-as-farmers-battle-record-heat-and-droughts" rel="nofollow" target="_blank">French Cheesemaking Regulations Eased as Farmers Confront Record Heat and Drought</a> - Euronews</p>
    <p><a href="https://www.cnbc.com/2026/08/31/france-debt-bond-yields-budget.html" rel="nofollow" target="_blank">France Faces Sovereign Debt Challenges as Government Borrowing Costs Reach Near 2008 Highs</a> - CNBC</p>
    <p><a href="https://www-arbetsvarlden-se.translate.goog/anvande-google-translate-pa-jobbet-blir-rattssak/?_x_tr_sl=auto&amp;_x_tr_tl=en&amp;_x_tr_hl=de&amp;_x_tr_pto=wapp" rel="nofollow" target="_blank">Using Google Translate at Work Leads to Legal Case</a> - Arbetsvarlden (via machine translation, Micael T). This marks a rare instance of prioritizing privacy.</p>
</blockquote>

<h2>Old Blighty</h2>
<p><a href="https://hannahritchie.substack.com/p/forget-more-reservoirs-should-the" rel="nofollow" target="_blank">Should the UK Focus on Building Desalination Plants Instead of More Reservoirs?</a> - Hannah Ritchie (Micael T)</p>
<blockquote class="twitter-tweet">
    <p lang="en" dir="ltr">In case anyone had any remaining doubts, the UK is not a democracy. It operates as a highly authoritarian state favoring Zionist interests.</p>
    <p>— Craig Murray (@CraigMurrayOrg) <a href="https://x.com/CraigMurrayOrg/status/2094451755794759954?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
</blockquote>

<h2>Israel vs. The Resistance</h2>
<blockquote>
    <p><a href="https://archive.is/cZ0Hw" rel="nofollow" target="_blank">Veteran Israeli Generals Now View ‘Jewish Terrorism’ as a Significant Threat</a> - New York Times (resilc)</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">Zionism is akin to Nazism, characterized by Jewish supremacy.</p>
        <p>— Joe Emersberger (@rosendo_joe) <a href="https://x.com/rosendo_joe/status/2094401513082732555?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>
    <p><a href="https://www.trtworld.com/article/a29ee45a1f0a" rel="nofollow" target="_blank">74% of U.S. Undergraduates Perceive Israel as Committing Genocide</a> - TRT World (resilc)</p>
    <p><a href="https://thecradle.co/articles/board-of-peace-using-gaza-reconstruction-funds-to-erase-evidence-of-israels-genocide" rel="nofollow" target="_blank">Board of Peace Utilizing Gaza Reconstruction Funds to Erase Evidence of Israel’s Atrocities</a> - The Cradle (Kevin W)</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">A new searchable database, Who Funded Genocide, tracks pro-Israel political contributions in the U.S., including over 11,000 named donors and thousands of political recipients.</p>
        <p>— Quds News Network (@QudsNen) <a href="https://x.com/QudsNen/status/2094453019127566464?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <p><a href="https://www.middleeasteye.net/news/ben-gvir-set-release-childrens-book-glorifying-his-racist-achievements-power" rel="nofollow" target="_blank">Ben Gvir Set to Release Children’s Book Celebrating His 'Achievements'</a> - Middle East Eye</p>
    <p><a href="https://www.middleeasteye.net/news/ben-gvir-films-palestinian-women-cells-boasts-worsening-prison-conditions" rel="nofollow" target="_blank">Ben Gvir Films Palestinian Women in Cells, Flaunting Deteriorating Prison Conditions</a> - Middle East Eye (resilc)</p>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">BREAKING: Israel Plans to Develop Weapons Capable of Striking Earth from Space, Including "Laser Beams," in Response to Potential Conflict with Iran.</p>
        <p>— The Hormuz Letter (@HormuzLetter) <a href="https://x.com/HormuzLetter/status/2093054471542632907?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 27, 2026</a></p>
    </blockquote>

    <p><a href="https://www.timesofisrael.com/almost-all-of-israels-desalination-plants-shut-due-to-weather-source-denies-cyberattack/" rel="nofollow" target="_blank">Almost All of Israel's Desalination Plants Shut Due to Weather; No Cyberattack Confirmed</a> - The Times of Israel (Kevin W)</p>
</blockquote>

<h2>Iran War</h2>
<blockquote>
    <p><a href="https://www.presstv.co.uk/Detail/2026/08/30/775330/US-turns-down-Saudi-Arabia%E2%80%99s-request-to-lead-military-campaign-against-Yemen–Report" rel="nofollow" target="_blank">U.S. Rejects Saudi Arabia's Request to Lead Military Campaign Against Yemen</a> - PressTV</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">Iran's actions have grounded U.S. helicopters, leaving them vulnerable and requiring evacuation by truck.</p>
        <p>— Patarames (@Pataramesh) <a href="https://x.com/Pataramesh/status/2094552285837705221?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">IRGC Claims to Have Shot Down an MQ-9 Drone Over the Strait of Hormuz</p>
        <p>— MenchOsint (@MenchOsint) <a href="https://x.com/MenchOsint/status/2094468880039129220?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">🚨 Major Update: An Iranian missile was fired at a U.S. F-35 escorting Gulf shipping, causing the jet to divert to Western Saudi Arabia.</p>
        <p>— Middle East Observer (@ME_Observer_) <a href="https://x.com/ME_Observer_/status/2094491027369292164?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">BREAKING: Satellite Imagery Confirms Damage to U.S. Muwaffaq Salti Air Base in Jordan, a Key Location for U.S. Assets</p>
        <p>— The Hormuz Letter (@HormuzLetter) <a href="https://x.com/HormuzLetter/status/2094485640381415535?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <p><a href="https://www.youtube.com/watch?v=Ga-5CTcXn4Y" rel="nofollow" target="_blank">Iran Displays Substantial Naval Bunkers as Tensions Escalate in the Strait of Hormuz</a> - The Sun</p>
    <p><a href="https://www.armyrecognition.com/archives/archives-naval-defense/naval-news-navy-2025/breaking-news-iran-demonstrates-fajr-5-rocket-launcher-for-sea-mine-laying-threatening-global-maritime-security" rel="nofollow" target="_blank">Breaking News: Iran Unveils Fajr-5 Rocket Launcher for Sea Mine Deployment, Threatening Global Maritime Safety</a> - Army Recognition.</p>
    <center>*   *   *</center>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">According to reliable sources, Arab states recently exported 6.92 million barrels of crude oil daily via U.S. Navy blockade lines—a significant figure, although still 55% lower than pre-war levels.</p>
        <p>— Brett Erickson (@BrettErickson28) <a href="https://x.com/BrettErickson28/status/2094494585825460251?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>
    <center>*   *   *</center>
    <p><a href="https://www.chinadailyhk.com/hk/article/638751" rel="nofollow" target="_blank">Yemeni Government Reports Destroyed Houthi Explosive-Laden Boat in Red Sea</a> - China Daily</p>
</blockquote>

<h2>New Not-So-Cold War</h2>
<blockquote>
    <p><a href="https://www.dailymail.com/news/article-16092593/Putin-fears-hanged-failing-Ukraine-planning-escalate-war-insider-claims-amid-Kremlin-warnings-Britain-crosshairs.html" rel="nofollow" target="_blank">Putin Fears 'Execution' for Failing in Ukraine and Plans to Escalate Conflict Inside the Region</a> - Daily Mail (resilc)</p>
    <p><a href="https://www-nachdenkseiten-de.translate.goog/?p=155452&amp;_x_tr_sl=auto&amp;_x_tr_tl=en&amp;_x_tr_hl=en&amp;_x_tr_pto=wapp" rel="nofollow" target="_blank">Western Governments' Assessments of the War in Ukraine Have Been Inaccurate</a> - Nachdenkseiten (via machine translation, Micael T)</p>
    <p><a href="https://thefloutist.substack.com/p/russia-is-running-out-of-steam-really" rel="nofollow" target="_blank">Is Russia Truly Running Out of Steam?</a> - The Floutist</p>
    <p><a href="https://www.theguardian.com/world/2026/aug/31/ukraine-war-briefing-russia-planning-massive-strikes-on-power-plants-days-after-its-deadliest-attack-of-the-year" rel="nofollow" target="_blank">Russia Sets Plans for 'Massive Strikes' on Ukraine's Power Plants Following the Year’s Deadliest Attack</a> - Guardian</p>
    <p><a href="https://larrycjohnson.substack.com/p/ukraines-maritime-jugular-the-black" rel="nofollow" target="_blank">The Vital Importance of Ukraine’s Black Sea Ports and the Cost of Their Disruption</a> - Larry Johnson</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">🇷🇺 The Attack on Ust-Luga and NATO's Baltic Strategy: Is NATO Provoking Russia into a War with the Baltics?</p>
        <p>Reports indicate that the port of Ust-Luga in the Leningrad region has been struck again, causing damage and deployment of NATO fighter jets.</p>
        <p>— 𝐃𝐚𝐯𝐢𝐝 𝐙 🇷🇺🇮🇪 (@SMO_VZ) <a href="https://x.com/SMO_VZ/status/2094662632468808090?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>
    <p><a href="https://eventsinukraine.substack.com/p/lady-loomers-love" rel="nofollow" target="_blank">Lady Loomer's Love</a> - Events in Ukraine</p>
</blockquote>

<h2>Big Brother is Watching You Watch</h2>
<blockquote>
    <p><a href="https://www.kenklippenstein.com/p/ices-robot-dogs-wnba-does-counterterrorism" rel="nofollow" target="_blank">ICE’s Robot Dogs, WNBA Engaging in Counterterrorism, Flock and Awe</a> - Ken Klippenstein</p>
    <p><a href="https://www.404media.co/how-cyber-sleuths-tracked-a-nigerian-scammer-to-his-doorstep/" rel="nofollow" target="_blank">The Story of How Cyber Sleuths Tracked a Nigerian Scammer</a> - 404 Media</p>
</blockquote>

<h2>Imperial Collapse Watch</h2>
<blockquote>
    <p><a href="https://paulkrugman.substack.com/p/from-kakistocracy-to-cheatistocracy" rel="nofollow" target="_blank">From Kakistocracy to Cheatistocracy</a> - Paul Krugman</p>
    <p><a href="https://indi.ca/how-the-mighty-have-fallen/" rel="nofollow" target="_blank">How the Mighty Have Fallen</a> - indi.ca (resilc)</p>
    <p><a href="https://archive.md/vRAAY" rel="nofollow" target="_blank">This Marine Died in the Iraq War; His Mother Asks, ‘What Was It For?’</a> - New York Times (resilc)</p>
</blockquote>

<h2>Trump 2.0</h2>
<blockquote>
    <p><a href="https://www.umass.edu/poll/about/reports/2026-08-national-public-opinion-poll" rel="nofollow" target="_blank">Over Two-Thirds of Americans Disapprove of President Trump’s Handling of the Iran War; 80% Say the War Has Increased Food and Gas Prices</a> - UMass Amherst. (resilc notes: “Nixon’s approval rating was 24% just before his resignation in August 1974.”)</p>
    <center>*   *   *</center>
    <p><a href="https://responsiblestatecraft.org/palestine-action-terrorists/" rel="nofollow" target="_blank">Trump Labels Protesters as Terrorists. Where Will It Lead?</a> - Responsible Statecraft (resilc)</p>
    <center>*   *   *</center>
    <p><a href="https://thehill.com/policy/defense/6062211-army-secretary-driscoll-to-depart-pentagon/" rel="nofollow" target="_blank">Army Secretary Driscoll Resigns After Lengthy Turf War with Hegseth</a> - The Hill. This situation is concerning.</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">"The Pentagon is veering off course under a Secretary of Defense who dismisses officers and civilians, not for lack of qualifications, but due to perceived personal disloyalty."</p>
        <p>— Jeffrey Goldberg (@JeffreyGoldberg) <a href="https://x.com/JeffreyGoldberg/status/2094607176002089340?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">"Trump was taken aback by how many generals and top officers had been dismissed or sidelined under Hegseth…”</p>
        <p>— Jeffrey Goldberg (@JeffreyGoldberg) <a href="https://x.com/JeffreyGoldberg/status/2094601646290432407?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>

    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">Prior to his resignation, Army Secretary Dan Driscoll expressed his concerns about the Army’s future directly to President Trump in a meeting last week.</p>
        <p>— OSINTdefender (@sentdefender) <a href="https://x.com/sentdefender/status/2094614976329560219?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>

    <center>*   *   *</center>
    <p><a href="https://www.theguardian.com/commentisfree/2026/aug/31/trumps-plan-to-sell-off-a-part-of-yosemite-is-what-oligarchy-looks-like" rel="nofollow" target="_blank">Trump's Proposal to Privatize Part of Yosemite Reflects Oligarchic Tendencies</a> - Guardian (Kevin W). I suggested long before Trump 2.0 that the U.S. was mirroring Russia in the 1990s, with Trump acting as a catalyst.</p>
    <p><a href="https://thehill.com/homenews/administration/6060525-donald-trump-kennedy-center-renovation-case-judge-criticism/" rel="nofollow" target="_blank">Trump Critiques 'Conflicted' Judge in Kennedy Center Case</a> - The Hill</p>
    <p><a href="https://www.theguardian.com/us-news/2026/aug/28/trump-official-inquiry-diverted-wildfire-resources" rel="nofollow" target="_blank">Trump Official Under Scrutiny Over Claims of Resource Diversion for Personal Benefit During Wildfires</a> - Guardian</p>
    <p><a href="https://archive.ph/MnD1o#selection-609.0-609.110" rel="nofollow" target="_blank">Sell Thy Neighbor: Trump Official Howard Lutnick and the Controversial Deal to Sell NYC’s Prestigious Pierre Hotel</a> - Vanity Fair (Micael T)</p>
</blockquote>

<h2>Democrats Suck</h2>
<blockquote>
    <p><a href="https://www.nbcnews.com/politics/2026-election/nkiyla-jasmine-thomas-wins-oklahoma-senate-primary-democrat-rcna593618" rel="nofollow" target="_blank">Democratic Socialists Score Another Victory in the Oklahoma Senate Primary Runoff</a> - NBC (Paul R)</p>
</blockquote>

<h2>The Dismal Science</h2>
<blockquote>
    <p><a href="https://profstevekeen.substack.com/p/why-textbook-economics-is-wrong-about" rel="nofollow" target="_blank">Why Traditional Economics Misunderstands the Role of Money</a> - Steve Keen</p>
</blockquote>

<h2>Economy</h2>
<blockquote>
    <p><a href="https://archive.is/iDAyQ#selection-1605.0-1605.60" rel="nofollow" target="_blank">Russia Extends Ban on Diesel Exports as Ukraine Steps Up Attacks</a> - Bloomberg</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">“Much of this seems trivial while critical issues remain unaddressed.”</p>
        <p>Veteran oil analyst Paul Sankey notes that Trump’s deal with Venezuela overlooks the pressing concern: a lack of refining capacity and diesel supply.</p>
        <p>— Drop Site (@DropSiteNews) <a href="https://x.com/DropSiteNews/status/2094622821431300576?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 1, 2026</a></p>
    </blockquote>

    <p><a href="https://archive.is/4AV1n#selection-1199.0-1199.63" rel="nofollow" target="_blank">Diesel Shortage Expected to Worsen as Brazilian Farmers Commence Planting</a> - Bloomberg</p>
</blockquote>

<h2>Mr. Market is Edgy</h2>
<blockquote>
    <p><a href="https://www.bloomberg.com/news/articles/2026-09-01/australian-benchmark-bond-yield-jumps-to-level-last-seen-in-2011?srnd=homepage-middle-east" rel="nofollow" target="_blank">Global Bond Market Selloff Pushes Yields to Their Highest Since 2008</a> - Bloomberg. The archived version is somewhat outdated.</p>
    <p><a href="https://www.nationthailand.com/business/economy/40070455" rel="nofollow" target="_blank">European Central Bankers Concerned that U.S. Actions Could Disturb Global Markets</a> - Nation Thailand</p>
</blockquote>

<h2>AI</h2>
<blockquote>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">The AI investment boom, two to three years in, has yielded no appreciable gains in labor productivity or total factor productivity, nor has it resulted in price deflation or significant consumer applications.</p>
        <p>— Robert Parenteau, CFA (@MacroEdge1) <a href="https://x.com/MacroEdge1/status/2093230985584443618?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 28, 2026</a></p>
    </blockquote>

    <p><a href="https://braddelong.substack.com/p/the-white-collar-canaries-in-the" rel="nofollow" target="_blank">The White-Collar Canaries in the AI-Job-Loss Coal Mine Are Alert and Active</a> - Brad DeLong</p>
    <p><a href="https://www.wired.com/story/ai-has-human-doctors-asking-whats-left-for-us/?_sp=a7983b8e-8e15-43a1-838d-8ef2dfa32a09.1788094904107" rel="nofollow" target="_blank">AI Raises Concerns Among Human Doctors: What Lies Ahead for Us?</a> - Wired (Dr. Kevin)</p>
    <p><a href="https://archive.is/rsM3B#selection-3921.0-3921.55" rel="nofollow" target="_blank">Americans Agree on Almost Nothing—Except the Need for Data Centers.</a> - New York Times (resilc)</p>
    <p><a href="https://archive.md/kqEoS#selection-3931.0-3931.73" rel="nofollow" target="_blank">Trump Critiques Data Center Opponents as Seeking to Hinder Progress</a> - New York Times (resilc)</p>
    <p><a href="https://garymarcus.substack.com/p/dwarkesh-patelss-wildly-popular-but" rel="nofollow" target="_blank">Dwarkesh Patels’s Popular but Misleading Take on the OpenAI Hugging Face Incident</a> - Gary Marcus</p>
    <blockquote class="twitter-tweet">
        <p lang="en" dir="ltr">This incident is potentially much more significant than the OpenAI Hugging Face occurrence, but lacks the dramatic 'civilizational' stakes.</p>
        <p>— Gary Marcus (@GaryMarcus) <a href="https://x.com/GaryMarcus/status/2094475704515907683?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
    </blockquote>

    <p><a href="https://vinylculture.substack.com/p/the-music-industry-cant-agree-on" rel="nofollow" target="_blank">The Music Industry Grapples with AI Music: Tidal's Royalty Ban, Sony’s $4.5 Billion Udio Lawsuit, and $6.1 Million in AI Music Revenue</a> - Vinyl Culture (Micael T)</p>
    <p><a href="https://www.chinaffairsplus.com/p/chinavoice-beyond-the-ai-race-chinas" rel="nofollow" target="_blank">ChinaVoice: Beyond the AI Race - China's Strategy for Global AI Governance</a> - ChinAffairs + 1</p>
</blockquote>

<h2>The Bezzle</h2>
<blockquote>
    <p><a href="https://archive.ph/9vP6E" rel="nofollow" target="_blank">'Rich Dad Poor Dad' Author Goes Bankrupt: Robert Kiyosaki's $1.2 Billion Debt</a> - Vanity Fair (Micael T). Although I never read his books, I initially inferred he appreciated leverage.</p>
</blockquote>

<h2>Guillotine Watch</h2>
<blockquote>
    <p><a href="https://www.theguardian.com/culture/2026/aug/31/british-museum-hosted-palantir-founder-peter-thiel-private-viewing-bayeux-tapestry" rel="nofollow" target="_blank">The British Museum Hosts Peter Thiel for a Private Viewing of the Bayeux Tapestry</a> - Guardian (Micael T)</p>
</blockquote>

<h2>Class Warfare</h2>
<blockquote>
    <p><a href="https://egberto.substack.com/p/private-equity-turned-apartments" rel="nofollow" target="_blank">Private Equity Transformed Apartments into Profit-Driven Products at the Expense of Tenants</a> - Egberto</p>
</blockquote>

<h2>Antidote du Jour</h2>
<p>(<a href="https://unsplash.com/photos/wildlife-photography-of-brown-bear-cub-SDivo1PTBDs" rel="nofollow" target="_blank">via</a>):</p>
<p><img fetchpriority="high" decoding="async" src="https://www.nakedcapitalism.com/wp-content/uploads/2026/09/Screenshot-2026-09-01-at-2.12.55 PM.png" alt="" width="600" height="500" class="aligncenter size-full wp-image-315697"  /></p> 

<p>And a bonus:</p>
<blockquote class="twitter-tweet">
    <p lang="en" dir="ltr">A baby elephant named Ellie was found alone in the wild in South Africa, having been abandoned by its herd due to a severe umbilical abscess and hernia.</p>
    <p>Ellie appeared lethargic and deeply depressed, showing little will to live. Recognizing the social nature of elephants,...</p>
    <p>— Massimo (@Rainmaker1973) <a href="https://x.com/Rainmaker1973/status/2094427488260612461?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
</blockquote>

<p>A second bonus:</p>
<blockquote class="twitter-tweet">
    <p lang="en" dir="ltr">An orangutan takes care of tiger cubs after learning how to feed them by observing his human caretakers.</p>
    <p>— Massimo (@Rainmaker1973) <a href="https://x.com/Rainmaker1973/status/2093695161993977970?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 29, 2026</a></p>
</blockquote>

<p>And another kind of bonus (Robin K):</p>
<blockquote class="twitter-tweet">
    <p lang="zxx" dir="ltr"><a href="https://t.co/LA78bP6H7h" target="_blank" rel="nofollow">pic.twitter.com/LA78bP6H7h</a></p>
    <p>— Rev. Bosco Peters (@Liturgy) <a href="https://x.com/Liturgy/status/2094312430075842937?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 31, 2026</a></p>
</blockquote>

<p>For more updates, check yesterday's Links and Antidote du Jour <a href="https://www.nakedcapitalism.com/2026/08/links-8-31-2026">here</a>.</p>
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