Saturday, September 3, 2022

Some Intern Just Got Fired -- September 3, 2022

One wonders about the entire process. 

This is truly amazing. 

Link here.

Other than that, a nice graphic.

Brazilian Jiu Jitsu -- September 3, 2022

It takes all the willpower I have each Saturday not to post several images from Powerline's "week in pictures."

But today, an exception.

Sophia is now enrolled in Brazilian Jiu-Jitsu, and besides knowing how to spell it (jujutsu, jiu-jitsu, ju-jitso), I actually know how BJJ differs from other types of Oriental martial arts. 

Less Likely That China's Economy Will Overtake That Of The US -- September 3, 2022

Link to The WSJ. 

Another story in which I am no longer interested.

Posted for the archives. Tagged.

From the linked article:

HONG KONG—The sharp slowdown in China’s growth in the past year is prompting many experts to reconsider when China will surpass the U.S. as the world’s largest economy—or even if it ever will.

Until recently, many economists assumed China’s gross domestic product measured in U.S. dollars would surpass that of the U.S. by the end of the decade, capping what many consider to be the most extraordinary economic ascent ever.

But the outlook for China’s economy has darkened this year, as Beijing-led policies—including its zero tolerance for Covid-19 and efforts to rein in real-estate speculation—have sapped growth. As economists pare back their forecasts for 2022, they have become more worried about China’s longer term prospects, with unfavorable demographics and high debt levels potentially weighing on any rebound.

In one of the most recent revisions, the Centre for Economics and Business Research, a U.K. think tank, thinks China will overtake the U.S. as the world’s biggest economy two years later than it previously expected when it last made a forecast in 2020. It now thinks it will happen in 2030.

The Japan Center for Economic Research in Tokyo has said it thinks the passing of the baton won’t happen until 2033, four years later than its previous forecast.

Other economists question whether China will ever claim the top spot.
Having said that, an interesting graphic at the linked article:


From an earlier post:

Saudi Arabia Foreign Exchange Reserves -- September 3, 2022

Posted overnight.

Link here.  

"The Greta Effect" -- September 3, 2022

The WSJ.

Link here.  

"Why energy transition will fail." 

Even if you’re never hit by a 7-ton blade falling from the night sky, alternative energy will fail you. Regardless of facts or feelings about the climate, there are reasons why wind and solar power are not replacing fossil fuels. Wind and solar are also no substitute for nuclear power.

Archived.

From Powerline, August 31, 2022. Will this ever sink in?