Notes today 

• America’s 100% tariffs on Chinese EVs:  bad policy, worse leadership
• Return, for a moment, to first principles. As David Ricardo laid out more than two centuries ago and experience has since shown, it makes sense for governments to open their borders to imports even when others throw up barriers. Residents in the liberalising country enjoy lower prices and greater variety, while companies focus on what they are best at producing. By contrast, tariffs coddle inefficient firms and harm consumers.
• JPMorgan is warning that China has a near monopoly on many critical minerals…

• Bloomberg by Ewa Krukowska: This weekend’s European Union elections marked the end of the bloc’s greenest parliament ever after concerns over everything from climate policies to migration gave the populists a boost.
• The Greens, whose rise five years ago helped the 27-nation bloc embrace the world’s most ambitious climate strategy, emerged in all but tatters from a ballot that ended on Sunday. Climate-friendly liberals also suffered a massive blow from voters while far-right nationalist parties strengthened their position in countries from Germany to Italy. 
• A 2021 study found that the AMOC was weaker than any other time in the past 1,000 years. And a particularly alarming — and somewhat controversial — report published in July last year, concluded that the AMOC could be on course to collapse potentially as early as 2025.
• Tipping risk of the Atlantic Ocean's overturning circulation, AMOC.

 

• And this, from one of the greatest logicians the world has ever known.
• There are other worlds and rational beings of a different and higher kind. The world in which we live is not the only one in which we shall live or have lived. - Kurt Gödel  
• (his 14 points)

Problem with these notes: some tend to run up against a deeply rooted feature of human cognition - the desire not to think about anything unpleasant…Sorry about that.

Btw, humans can only think about 4 things at once – according to the research team led by University of Oregon psychology professors Edward Awh and Edward Vogel. So, to help, we limit notes. 😉

"Everything will be all right. And, even if it won't be, we'll have the consolation of having lived honest lives." Alexei Navalny