Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Three years ago, TIME magazine published a cover story called “The Me Me Me Generation—Millennials are lazy, entitled narcissists who still live with their parents.” It was the print version of clickbait, designed to be devoured by TIME’s Baby Boomer base, or perhaps flipped through angrily by millennials killing time at TIME’s most reliable subscriber,…
Over the past few decades, the US economy has undergone a profound change. This change has helped rich Americans get richer. But it has also contributed to growing income inequality and the decline of the middle class. And, in so doing, it has fueled populist anger across the political spectrum and slowed the growth…
It seems Farage was right… again… “Can we all just grow up, stop this absolute scare-mongering nonsense?” Farage told CNBC on Tuesday, adding that the FTSE 100 is up 3 percent today. “Can we just end this complete rubbish?” FTSE 100 is now unchanged from pre-Brexit as Osborne, Cameron and the fearmongers appear…
SUNDERLAND, England — In places like Sunderland, with its once-robust shipyards silent and dead and its citizens leery of both London and Brussels, the idea of the European Union never really took hold. Although the once-proud working-class city in England’s northeast heartland benefited from the bloc, the campaign that became known as “Brexit” found many adherents and…
There’s a delicious irony to Remainers’ branding of Leave voters as confused individuals who have simply made a desperate howling noise, whose anti-EU vote was a ‘howl of anger’ (Tim Farron) or a ‘howl of frustration’ (JK Rowling). Which is that if anyone’s been howling in recent days, it’s them, the top dogs of the…
The Interpreter By MAX FISHER WASHINGTON — In the days since Britons voted to leave the European Union, the so-called “Brexit” referendum has created such severe turmoil that public attention is increasingly focused on an extreme option: Can they get out of it? Prime Minister David Cameron said on Monday that he considered the referendum…
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Standard & Poor’s Global Ratings slashed the United Kingdom’s credit grade on Monday in the wake of the country’s stunning referendum vote to leave the European Union. The agency dropped the U.K.’s credit rating from AAA to AA, according to multiple reports, pointing to the economic risk and uncertainty stemming from last Thursday’s vote. “In…
People have been reporting incidents of racism believed to be fuelled by the result of the EU referendum, including alleged racist graffiti and cards reading “no more Polish vermin” posted through letterboxes. Suspected racist graffiti was found on the front entrance of the Polish Social and Cultural Association (POSK) in Hammersmith, west London, early on…
WASHINGTON/NEW YORK U.S. business investment, already heading for its worst slowdown since the global financial crisis, could decline further as Britain’s vote to leave the European Union creates more risks for companies, economists say. With growth tepid at home, North American companies as diverse as plane maker Boeing Co (BA.N), Ford Motor Co (F.N),…