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Search resuls for: "Adam Tooze"


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Franklin Foer’s “The Last Politician,” an account of Biden’s first two years in office, is the first draft of an answer. The problem is that, from Biden’s bleak inauguration to the surprise result of the midterms, we know the story in advance. Unless, as he seems at times to be hinting, the scripted, typecast feel that his book exudes is the truth about the present administration. One of the more telling cameos in the book describes how the Oval Office has been physically rearranged to create the stage for Biden’s presidential storytelling. A giant portrait of Franklin Roosevelt now takes “pride of place” above the office hearth.
Persons: Joe Biden’s, Franklin Foer, Biden, Franklin Foer’s “, Biden’s, Franklin Roosevelt, Trump, “ Bibi ”, ” Biden, Bibi Organizations: America, Biden, Al, Associated Press Locations: Gaza, Al Jazeera, Palestine
In the days since the stunning collapse of Silicon Valley Bank, I've seen the tech world point a lot of fingers. Silicon Valley Bank imploded in part because it was a repository for the riskiest behaviors of the industry it serviced. In spite of this reality, there has been little self-reflection on the part of the industry that was so closely tied to Silicon Valley Bank. Silicon Valley Bank thrived on these trends. But to grow at the breakneck speed of its clients, Silicon Valley Bank executives had to change things in Washington.
The bubble in predicting the end of the world
  + stars: | 2022-12-01 | by ( Edward Chancellor | ) www.reuters.com   time to read: +7 min
Former U.S. Treasury Secretary Larry Summers says the world faces the “most complex, disparate and cross-cutting set of challenges” he’s ever encountered. In his wittily titled “The End of the World is Just the Beginning”, the geopolitical strategist suggests that a number of countries from Germany to China face insuperable demographic challenges. The threat to America’s global hegemony from China is the subject of Ray Dalio’s “The Changing World Order”. The U.S. stock market bubble has only partially deflated, bond yields around the world trail below inflation, and global property markets are exposed to rising interest rates. The Assyrian who forecast the world would end in 2800 BC was wrong.
Beyond Catastrophe A New Climate Reality Is Coming Into View By David Wallace-WellsYou can never really see the future, only imagine it, then try to make sense of the new world when it arrives. (A United Nations report released this week ahead of the COP27 climate conference in Sharm el Sheikh, Egypt, confirmed that range.) A little lower is possible, with much more concerted action; a little higher, too, with slower action and bad climate luck. There were climate-change skeptics in some very conspicuous positions of global power. New emissions peaks are expected both this year and next, which means that more damage is being done to the future climate of the planet right now than at any previous point in history.
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