Last updated on 2023-04-11
News Summary
LA Times – Successful UC system academic worker strike may be spreading to other states.
NY Times – A big step towards domestic chip manufacturing. While it is unlikely to make the US independent of internationally made chips, it is a big step in the right direction.
The Sacramento Bee – Flooding in Northern California from the “Atmospheric River”
CBC News – 2023 Economic Forecast is rough. Predicting a mirror image of 2022, which started strong and ended weak. 2023 will be weak in the beginning due to inflation & recession, but will end stronger.
Forbes – EU Carbon Emissions Hit 30 year Lows. Many factors at work here, but this is good news!
Calculated Risk – Houses are the least affordable since 1982, when interest rates were at 14%. Bill is an astute observer and previously compared the current housing situation to the 1982 situation.
Worth The Time
BBC News – The Moon hoax that fooled the world. Meant as a satire; the fake story fooled the world. Best bit: “four foot tall man-bats that fornicate in public on the moon.”
Noahpinion – Reason to Believe Inequality May Be Decreasing. We can only hope for such a trend in the new year!