A few updates from this week:
Sri Lanka is facing severe flooding. Sbarkkum reports major damage to rail and road networks, with Dutch support expected for reconstruction.
Sana Aiyarâs âWorld at MITâ video touches on her life and work
Sam Dalrymple has a clip on Lahore and Delhiâanother reminder of how closely the two cities mirror each other despite partition.
Pakistanâs minority rights bill is worth watching. Continue reading Open Thread: From Floods to LaBal
A Theory of Collapse (After a US Economic Synopsis)
Note: Italicized comments are from another Brown Pundits contributor
Unless the US falls hopelessly behind in tech, they are âbuiltâ to retain a perpetual competitive edge.
I donât think youâve looked closely enough at the economic fundamentals. Off the top of my head:
Moodyâs recently downgraded US debt from Aaa to Aa1, citing worsening risk indicators. This downgrade was hard to avoidâUS sovereign CDS spreads are now wider than those of China and Greece, suggesting higher default risk. Continue reading US Economics and Theory of Collapse
