BREAKING: U.S. launches investigations into top trading partners like the E.U., China and Mexico, a process that is expected to lead to new tariffs.
BREAKING: U.S. launches investigations into top trading partners like the E.U., China and Mexico, a process that is expected to lead to new tariffs.
Control social media or it will control you
Many Russian equities used to trade purely on dividend yield because nothing else could be trusted to come back to you
obviously he's done great work in the past but i think being a Public Intellectual has absolutely destroyed him
A reminder that the Kennedy Center is the literal and legal and congressional designated presidential memorial to JFK. This would be like Trump tearing down the Lincoln Memorial to build something “better.”
Once I wrap my head around Gödel, it's over for you bitches
I'm proud to say I'm one of those who loathed Larry Summers before it was fashionable.
That moment when you’re reading Thucydides and hit this passage just before the start of the war: “Abstinence from all injustice to other first-rate powers is a greater tower of strength than anything that can be gained by the sacrifice of permanent tranquility for an apparent temporary advantage.”
“Professors are fighting an asymmetric battle against the tide of anti-intellectualism, illiberalism and bad-faith complaints, and will be for the foreseeable future.”
no one wants to work anymore (FX edition)
Excellent long read by @erikfossingnielsen.bsky.social
open.substack.com/pub/independ...
Apple Music is way better.
Trump escalates his attack on Minnesota Democrats as Justice Department launches a criminal investigation into Gov Walz and Mayor Frey apparently on the theory that their objections to ICE amount to illegal interference, sources tell @perrystein.bsky.social www.washingtonpost.com/national-sec...
Bring it!!
If Greenland is truly under threat from Russia or China, then it’s our duty to defend our NATO ally, Denmark.
It’s as simple as that.
“A diplomatic source said: 'The generals think Trump's Greenland plan is crazy and illegal. So they are trying to deflect him with other major military operations. They say it's like dealing with a five-year-old'.”
what the fuck
have we tried turning the country off and back on again
Donald Trump offered an ominous warning in his ongoing campaign to acquire Greenland. During his meeting with oil and gas executives today, the president said “we are going to do something on Greenland whether they like it or not”.
What a world huh Lemon it’s still struggling to be born
He gets a lot of shit for being 100% correct on where to focus time, money and effort on — saw the big picture long before others and acted accordingly. All other causes are downstream of an open society and the rule of law — individual altruism will never have the power of a benevolent government
The older I get the more im like " if I was very accomplished and had xyz money I would love to suport ABC cause" and the more I think about it the more those ABC causes would likely align with Soros and Open Society. he really went out, got the bag and then tried to help out. the GOAT
The amount of “this is clearly about oil” posting across all platforms as story after story comes out where the oil industry is saying that the oil isn’t worth extracting is making me feel a little insane
New: Trump admin officials tell Zeteo that Trump is “very interested” in secret plans drawn up last year to send US Special Forces into Mexico.
One official even says Trump recently asked for updates on preparations for a possible operation.
Trump's audacious and probably illegal capture of a Venezuelan leader of doubtful legality suggests he believes he has the right to intervene, i.e. grab what he wants, anywhere in the western hemisphere. Europe, already worried by Trump's Greenland rhetoric, has been warned
Kidnapping the leader of a foreign state without any declaration of war and announcing it via social media is full-on rogue state stuff. From the world’s number one superpower.
@chamath · 3h I think this is the most asymmetric upside bet in the market now. Position yourself smartly and you can make 10-1000x with relative ease. How? Even if politicians try to bury the fraud, the bond market can’t ignore it. Their math will show that even if the fraud is only 10% of total state and municipal budgets, it’s already way too much and should go to paying back debt holders. Right now spreads don’t reflect this and are too tight - ie look at California Credit Default Swaps - it doesn’t reflect any fraud, budget shortfalls or the billionaire exodus. There is little chance these spreads don’t move as the bond market comes back to work and processes the events of the last few days. Now, if instead of 10% fraud, they believe that fraud is 20-30% of all tax dollars, the cost of borrowing will escalate sharply until federal, state and local governments are forced to act. This is when the CDS trade becomes the most asymmetric profit opportunity of our lifetime. Buy the CDS -> wait for politicians to try and bury it -> ie in California -> see the bond market increase borrowing costs -> see the CDS blow out -> asymmetric bet pays off. The takeaway here is that the bond market lives in an alternative and adjacent universe from the politicians and media. The latter group can try to bury an issue but when the former group is asked to fund it, a reckoning happens and the former group always wins. Quote James E. Thorne @DrJStrategy · 9h What if … What if the real fiscal revolution isn’t higher taxes or austerity, but rooting out fraud? Imagine if the bond vigilantes finally woke up to the fact that reducing government fraud and waste could shrink the defic
this is the dumbest shit I have ever read in my life
@paulblustein.bsky.social are you seeing this?
apnews.com/article/inte...
Friedrich Merz, Chancellor of Germany