Consequences: worse investment climate, higher risk premia, (likely) higher interest rates...
The system distributes almost $1 trillion per year in grants (largest in the govt) and supports all of NIH, CDC + many other public health initiatives. Musk guy Luke Farritor is actively delaying payments to recipients.
The system distributes almost $1 trillion per year in grants (largest in the govt) and supports all of NIH, CDC + many other public health initiatives. Musk guy Luke Farritor is actively delaying payments to recipients.
snyder.substack.com/p/the-logic-...
snyder.substack.com/p/the-logic-...
Cynicism is our enemy. We should check it, incl. on the left. It’s not intellectually superior. It’s the virus they’re trying to infect us with. NO
Cynicism is our enemy. We should check it, incl. on the left. It’s not intellectually superior. It’s the virus they’re trying to infect us with. NO
"Merchan’s order is a remarkable condemnation of the chief justice’s screed, which treats legitimate criticism of SCOTUS's rulings as violence, while disregarding the actual violence encouraged by Trump and his cronies."
"Merchan’s order is a remarkable condemnation of the chief justice’s screed, which treats legitimate criticism of SCOTUS's rulings as violence, while disregarding the actual violence encouraged by Trump and his cronies."