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☆ Meet the group preparing for a Soviet Union-type collapse of the US economy
▼ + stars: | 2024-05-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the people preparing for the collapse of the financial system . The big storyPreparing for the worstAdobe; Chelsea Jia Feng/BIOpinions fluctuate on the economy, but one group has a decidedly strong take. In the subreddit r/economiccollapse, users are preparing for a Soviet Union-type fall of the US economy , writes Business Insider's Jennifer Sor. Further down the economic totem pole, ALICEs (asset limited, income constrained, employed) are struggling to make ends meet . 3 things in techAlex Wong/Getty Images, STR / Contributor/Getty Images, Stephane De Sakutin/Contributor/Getty Images, Abanti Chowdhury/BIHow Mark Zuckerberg turned against the news.

Persons: —, Chelsea Jia Feng, Jennifer Sor, Jennifer, aren't, Tyler, there's, Neil Dutta, Jim Simons, annualized, Alex Wong, Stephane De Sakutin, Abanti Chowdhury, Mark Zuckerberg, Zuckerberg, Rupert Murdoch, Sam Altman, Alyssa Powell, Rick Doblin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Chelsea, Macro, Renaissance Technologies, Big Tech, Apple, FDA, FOX Locations: Soviet Union, China, Washington, Beijing, New York, London, Chicago

☆ There is no loneliness epidemic
▼ + stars: | 2024-04-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +17 min

With the report, a steady trickle of headlines about the epidemic turned into a firehose: "Loneliness is at epidemic levels and it's killing Americans" (USA Today); "This Epidemic of Isolation Is as Harmful as Smoking" (Bloomberg); "America's Loneliness Epidemic Comes for the Restaurant" (The Atlantic). There's one problem: The loneliness epidemic doesn't exist. Even the authors caution in their meta-analysis that "the frequently used term 'loneliness epidemic' seems exaggerated." Calling it a "loneliness epidemic," then, may be a bit like calling COVID a "sneezing pandemic." "There are many, many surveys that are just making up questions about loneliness and are not using the UCLA Loneliness Scale or some other validated loneliness scale," she says.

Persons: Vivek Murthy, Murthy, Hillary Clinton, Donald Trump, Sen, Chris Murphy, Ruth, University of Michigan —, Eric Klinenberg, Julianne Holt, it's, Dave Sbarra, Holt, David Riesman, Lunstad, I've, —, Sbarra, Klinenberg, Adam Mastroianni, " Mastroianni, Mastroianni, Biden, isn't, Jill Lepore, voicemails, There's, Jerome Adams Organizations: Bloomberg, Business, York, Gallup, University of Michigan, New York University, Brigham Young University, University of Arizona, Bell, University of California Los, Commerce, UCLA, Republican, Democratic Locations: Connecticut, Brooklyn, University of California Los Angeles, America, Washington, DC, COVID

Early Tuesday, a Ukrainian missile slammed into a hotel in the coastal town of Berdyansk that had been taken over by the Russian military. ‘Colossal support’Russian military bloggers have suggested that both Tsokov and Popov were capable soldiers who inspired loyalty among their men. Tsokov, 51, appears to have been a rising star in the Russian military. Senior Russian general, Ivan Popov, raised questions about the mass deaths and injuries of Russian military personnel. The loss of more capable commanders is another sign that Russia’s “special military operation” is looking less special by the week.

Persons: CNN —, Oleg Tsokov, Tsokov, Ivan Popov, Popov, Valery Gerasimov, vilely, Sergei Shoigu, ”, Vladimir Putin, Rybar, “ Popov, General Popov, “, Wagner, Oleg Surovikin, Yevgeny Prigozhin, Surovikin, Prigozhin, Defense Andrei Kartapolov, Kartapolov, specter, OGPU –, Gerasimov, “ alarmism, Shoigu, George Hall, Russia Dara Massicot, Tweeting, Massicot, ” Rybar, upbraided, viscerally, Putin Organizations: CNN, Ukraine –, Southern Military District, Arms Army, Kremlin Press, Major, Institute for, Ukrainian, of Defense, Kremlin, Russia’s Aerospace Forces, State, Defense, Defense Ministry, Senior, Ministry of Defense, Surovik, George Hall of, RAND Corporation, Russian Ministry of Defense, Russian Armed Forces Locations: Ukraine, Ukrainian, Berdyansk, Russian, Svatove, frontlines, Zaporizhzhia, Kherson, Senior Russian, St, Russia, Vuhledar

☆ 'Moscow is becoming a front line city' – The Ukraine War has finally come home to Russia
▼ + stars: | 2023-06-12 | by ( Dominik Kalus | ) www.businessinsider.com time to read: +7 min

For weeks now, attacks by Ukraine within Russia have been increasing. Dead civilians, villages cleared out, and a seemingly overworked government: Moscow's war on Ukraine has finally hit home in Russian society. A woman waits at a bus stop next to a poster promoting Russian army service, as the Russia-Ukraine conflict continues, in Moscow, Russia April 12, 2023. "The attacks in Belgorod are busting the myth of Putin's military being invincible," said political scientist Abbas Galljamow to the DPA news agency. Because these attacks within Russia are making even initially neutral Russians care about the war – and they're starting to approve of it.

Persons: —, Schapscha, Moscow's, Sergej Markow, Michail Rostowski, Alexander Dugin, Yulia Morozova, Jens Siegert, who's, Savva Tutunow, Putin, Abbas Galljamow, There's, Wagner, Yevgeny Prigozhin, Konstantin Satulin, Russia hasn't, –, Putin's, Dmitry Peskov, They're, Peskov, Alarmism Organizations: Service, Putin, Pictures, REUTERS, Novaya Gazeta, Wagner Group, Russia, Publicly Locations: Ukraine, Russia, Kherson, South Ukraine, Belgorod, Strelkovka, Kaluga, Moscow, Voronezh, Russian

☆ Opinion | The Ocean Is Looking More Menacing
▼ + stars: | 2023-06-01 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +3 min

What do you call the arrival of events that have been predicted but, when predicted, were described as distressing or even terrifying? But some news from ocean science may prove more surprising still — perhaps genuinely paradigm-shifting. This key part of the circulation of the Southern Ocean “looks headed towards collapse this century,” study coordinator Matthew England told Yale Environment 360. “And once collapsed, it would most likely stay collapsed until Antarctic melting stopped. At current projections that could be centuries away.”Then, last week, some of the same researchers confirmed that the process was already unfolding — in fact, that the Southern Ocean overturning circulation had already slowed by as much as 30 percent since the 1990s.

Persons: Matthew England, ”, Steve Rintoul, who’d Organizations: Yale Environment Locations: Pacific Northwest, Canada, El

☆ Ketamine is being sold as a depression wonder drug. For some, it's making everything worse.
▼ + stars: | 2023-01-25 | by ( Anna Silman | ) www.businessinsider.com time to read: +42 min

The infusions at the ketamine clinic in his West Texas hometown were a Christmas gift from his grandmother. About five years ago, more and more of my friends started using ketamine recreationally. IV ketamine treatment centers charging $400 to $2,000 an infusion popped up all over the country. "Ketamine used as directed in an appropriate clinical setting very rarely leads to any dependence," Mindbloom says on its website. Like Nadia, most of the people I interviewed said when they started using ketamine, they didn't think it was possible to become dependent on it.

☆ More Americans are living and working in Mexico. Where does that leave the locals?
▼ + stars: | 2022-11-12 | by ( Jaylinn Herrera | Jaylinn Herrera Is A Nbc News Associate With The Nbc National News Desk. | ) www.nbcnews.com time to read: +6 min

Mexico City has seen an influx of people migrating to the historic metropolis, especially during the pandemic when remote work made it possible to work from different places. Currently, 1.6 million Americans live in Mexico, according to the State Department, and Mexico City is the fifth rated destination for digital nomads globally, according to nomadlist.com. He emphasized Mexico City isn’t cheap, but in comparison to other countries digital nomads are migrating from, it’s considerably more affordable. “If you’re making your salary in U.S. dollars, pounds, Canadian dollars, you’re better off living in Mexico City.” Romero said. He believes those areas with higher numbers of digital nomads are already economically out of reach for most of the locals.

☆ Europe is hurting because Russia has cut down its natural-gas supply — but Russia is even worse off: study
▼ + stars: | 2022-08-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Russia has slowed natural-gas exports to Europe since invading Ukraine. A Yale University analysis found the move to be hurting Russia more than it's hurting Europe. Europe depends on Russia for 40% of its natural-gas needs, such as cooking in homes and firing up power stations. It's fretting over a winter energy crisis, as Russia has reduced natural-gas flows to the continent, citing sanctions-related challenges. Putin is pivoting east to sell Russian energy, but buyers are driving hard bargainsTo mitigate the impact from lower energy sales to Europe, Russian President Vladimir Putin is hawking Russia's energy exports to other markets, such as Asia — but at a discount.

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