10 Weekend Reads – The Huge Image

The weekend is right here! Pour your self a mug of  espresso, seize a seat outdoors, and prepare for our longer-form weekend reads:

What If Cash Expired? An extended-forgotten German economist argued that society and the financial system can be higher off if cash was a perishable good. Was he an anarchist crank or the prophet of a greater world? (NOEMA)

Inside Saudi Arabia’s $3 Trillion Plan to Transfer Previous Oil: The world’s largest oil exporter has a plan to remodel its financial system right into a high-tech hub for world enterprise. How buyers can journey alongside. (Barron’s)

Electrical Automobiles Are Already Upending America: After years of promise, a large shift is beneath manner. (The Atlantic)

Apocalypse-Proof: A windowless telecommunications hub, 33 Thomas Road in New York Metropolis embodies an structure of surveillance and paranoia. That has made it an excellent set for conspiracy thrillers. (Locations)

What does the Cerebellum Do Anyway? Trace: It’s Not Simply Stability; Clearly, the cerebellum does one thing to manage motion, and motion is impaired when it’s broken. However why do we want a complete different “little mind” to manage these facets of motion? (Tough Diamonds)

How We Turned the Tide within the Roach Wars: Forty years in the past, scientists did the unimaginable. Why doesn’t anybody keep in mind? (The Atlantic)

Chinese language Spy Company Rising to Problem the C.I.A. The bold Ministry of State Safety is deploying A.I. and different superior expertise to go toe-to-toe with the US, at the same time as the 2 nations attempt to pilfer one another’s scientific secrets and techniques. (New York Occasions)

How Trump reignited his base and took management of the Republican main: From a second of vulnerability after the midterms, the previous president turned his prison indictments right into a rallying cry and benefited from a disciplined marketing campaign, stalled opposition and Biden’s weak spot. (Washington Submit)

• The James Webb telescope is a big leap within the historical past of stargazing. Our view of the universe won’t ever bethe identical. (New York Occasions)

• The most effective live performance of your life won’t be on Earth: Wwhat if it have been doable to go to area to expertise one thing transcendent, one thing that helps us higher perceive ourselves as people and earthlings? And what if residing in, or at the least touring to, area might yield incomparable magnificence within the type of artwork and music? (Washington Submit)

Make sure to try our Masters in Enterprise subsequent week with Matt Levine, Opinion columnist at Bloomberg. He’s the creator of Cash Stuff, probably the most widespread each day newsletters on Wall Road. Beforehand, he was an funding banker at Goldman Sachs and a mergers and acquisitions lawyer at Wachtell, Lipton.

Within the 127 years since its beginning in 1896 (by way of 2023), the Dow has been up 75% of the time. The common complete annual return is ~12.4%

Supply: @AlbertBridgeCap

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