Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number included.
- Foreclosures Surging in New York-New Jersey Market (Prashant Gopal, Bloomberg) This is what Keith Jurow has been warning about for years (here and here). New Jersey has passed Florida to have the highest percentage of homes seriously delinquent or in foreclosure. New York has climbed up to third place.
- China Steel Overcapacity “Beyond Imagination”: Official (Caijing) When a government official says something is good its probably fair to middling. When they say it is bad it is probably disastrous. What should we think when they say is is bad beyond imagination? See discussion of the data ‘behind the wall’.
- Colorado First State to Clamp Down on Fracking Methane Pollution (Jennifer Oldham, Bloomberg) Unregulated gas emissions from fracking wells has been cited as a significant problem. See for example Sig Silber’s recent GEI Analysis article.
- Scientists Demonstrate First Contagious Airborne WiFi Virus (University of Liverpool, phys.org, Disclose.tv) A new form of computer virus has been demonstrated by scientists at the University of Liverpool. It behaves like human infectious viruses in that it is airborne and spreads more rapidly through densely configured populations. Such viruses avoid detection by conventional security systems because they can “live” in the “air” (the Wi Fi network) and not require a control point on any particular computer (host). The virus produced no operational impact on infected computers thus avoiding security software detection. It only collected and reported credentials of users connected to the same WiFi point. Open access hot spots such as coffee shops and airports are especially attractive for the virus.
Today there are 12 articles discussed ‘behind the wall’.
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