Fearless commentary on finance, economics, politics and power

The apparently soon-to-be-ex OpenAI board would have been well served to talk to lawyers about its row qith Sam Altman…or even ChatGPT.

~ Today’s Water Cooler ~

Opposie! The West increasingly needs critical materials from countries against which we have escalated, particularly for green energy.

Clearly, a majority of voters have had enough of the status quo. What they want is a seismic shift in the underlying political and economic dynamics. And that is what they will get, for better or worse (my money is on the latter).

In Let Them Eat Crypto, Peter Howson warns that these schemes are fraudulent and causing indefensible harm to both humanity and the planet.

Finland seems happy to be set up by NATO to make trouble for Russia.

Key players in Myanmar’s civil war. The good guys might actually win!

~ Today’s Water Cooler: Open Thread ~

Assisted living facilities have become one of the most lucrative branches of the long-term care industry that caters to people 65 and older. Investors, regional companies, and international real estate trusts have jumped in.

Recent statements by Putin and Medvedev about Kiev suggest Russia might be thinking about taking it. But how could that now be advantageous?

China challenges Western institutions. Each side offers distinct and competitive lending strategies for global infrastructure and development

Dreaming of Covid and propaganda…