In other news, the Springboks hand the All Blacks their biggest ever defeat.

And in New Zealand.

Perhaps the world is not such a bad place after all. #rugby.

"We just like, lied to ourselves, that security and economic issues were decoupled -- and that markets were about efficiency -- and not power." #EconomicSecurityState #WeaponisedInterdependence #StrategicAutonomy #GeoPolitics

https://podcasts.apple.com/gb/podcast/the-foreign-affairs-interview/id1623855270?i=1000723864140

Private equity is struggling hard—firms raised just $592bn in 12 months to June, lowest in 7 years per Preqin. Even with unprecedented investor incentives. Higher rates + slow dealmaking = trillions stuck in aging investments. Investors are frustrated, profitability is taking a hit. #privateequity #capitalmarkets

https://on.ft.com/3Jy1Lny

The explainer on South Korea I was looking for.

South Korea’s tumult is a symptom of China-US strife.

#Geopolitics

A socially conservative multiracial coalition is essential for US #democracy to survive - it now has that.

Two days ago, I mentioned two positives we can take away from Trump winning a decisive victory. One of them was that the #USA and its democracy were spared a Trump assault on the result.

But here is another take that elaborates on that point, which I had not considered.

It is by Alan Rozenshtein on the Rational Security Podcast, by Lawfare, and it's worth considering:

#uspol

If this analysis is only half correct, this is the most damaging thing about Trump's reelection.

"the extra 4GtCO2e from a second Trump term would negate – twice over – all of the savings from deploying wind, solar and other clean technologies around the world over the past five years."

It could be the final death knell for keeping global warming under 1.5 degrees.

#climatechange #uspol

https://www.carbonbrief.org/analysis-trump-election-win-could-add-4bn-tonnes-to-us-emissions-by-2030/

Agree with this Platformer take. AI is coming for #Google #Search.

For now, the one thing Google will keep being better at is product search, and local services search. It’s ironic, because Google just had a blowout revenue quarter. Peak Google? #openAI

Joseph Politana’s graph makes it clear how construction of new factories (especially in electronics/computers) are at an all time high in the US.

#semiconductors