End Of Daily Savings Blogospheric Links

I’m currently reading Dr. Barnett’s Blueprint for Action: A Future Worth Creating and finishing up a literature review. While Mark’s got that done already and has moved on to other books, some of us are slower… So expect light blogging for the next few days. In the meantime…

End Of Daily Savings Blogospheric Links

Marc Shulman’s American Future looks at British moral weakness, (perhaps self-hate?), Andrew Sullivan‘s Iraq War jubilation, and the New York Times acting like the State Department (they’ve done this before).

Simon notes that Chinese Communists weren’t that kind to Korean War POWs. At least they are now vowing to crush the Maoists. Also some fear-mongering about a Chinese economic crash I criticized elsewhere.

TavoLoco, who along with Stuart Berman has been active in tdaxp‘s “Acquiring Network Address” thread, expands his GeoCities presence.

Slashdot links to Forbes‘ attack on blog swarming (hat-tip to Boing Boing, Zombie attacks (a type of net attack, like Hastert’s), as well as the most ignorant criticism of Creationism I have ever heard: “Among the most significant forces is the rising tide of anti-science sentiment that seems to have its nucleus in Washington but which extends throughout the nation”. (Creationism is a mass movement, not one of the political elite). I have done some work in evolutionary science, by the way.

MyDD continues the netroot response to Beinart’s A Fighting Faith. Somewhat relatedly, Daily Kos celebrates Bill Clinton’s “fight or find something else to do” comment, and misses the point completely. It’s about ideas.

One thought on “End Of Daily Savings Blogospheric Links”

  1. Dan, I hardly think that saying that China will have a collapse is scare-mongering, particularly as the comment was qualified wiith this occuring in a 10-year timeframe. Overcapacities are more than just “throwing money away” as they cut into profit margins across large swathes of industries, the automotive is one of several sectors that is already bleeding (check out VWs losses here for an example). Interest rates may be low, but the banking sector already has excessive bad loans and a downturn could help tip it into a crisis. Again, this need not be a bad thing – so long as the reaction is to clean up some of the imbalances – a crisis can be cleansing.

  2. Myrick,

    Thanks for stopping by!

    To the extent that overcapacity cuts into profit margins of certain corporations (by lowering prices), they raise the profit margins of other industries and heighten the welfare of the general populace. Societally generally gains, though the economic pain is concentrated.

    A good example of this happening may be airlines in South-East Asia. There are a lot of them, so ticket prices are very low. This competition may be harmful to individual airlines, but is very helpful for both the economy and the general welfare.

    China's banking sector is cause for concern, but even if this seriously slows down growth that is very different from a crash. A poorly managed economic slow-down may cause a political crisis, but that would be a seperate issue.

    Except for SARS China's leadership really hasn't been tested in economic or connectivity issues yet. Let's hope they don't mess it up too badly.

Leave a Reply

Your email address will not be published. Required fields are marked *