You think a "networked world" slowly dissolving and recomposing into regional hubs would have no influence on an asset that is premised on ...a "networked world"?

We moeten meer belasting betalen over ons inkomen, terwijl de belasting op vermogen even laag blijft. D66, VVD en CDA willen in de vorm van de ‘Vrijheidsbijdrage’ jaarlijks 5 miljard ophalen voor de investeringen in Defensie. 3,4 miljard daarvan wordt bij de burgers gehaald, allemaal op het inkomen.

Seems part of the implosion of the btc bubble has to do w/ liquidations by comps imitating Strategy's bitcoin hoard idea: to buy back the shares or make investors whole, they are selling bitcoins, creating a feedback loop that causes the btc price to fall further and thus forcing more liquidations

It’s hard to put into perspective how truly massive the warehouse is that was recently sold by the Rockefeller Group to the Department of Homeland Security for $70 million to build a concentration camp in Surprise, AZ. Across the street is a huge neighborhood and a school. It’s 400,000-square-feet.

The (imperfect) historical analogy is with the interwar gold standard: treasuries who hoard - rather than spend - the currency will ultimately contribute to the currency's demise.

Of all the things that never happened, this never happened the most.

Waarom "talent"? Als je vaardigheden leert, dan is het leerproces belangrijk, niet talent. (en hoe onderwijs hier onderschikt wordt aan de economie is ook bizar. maar goed, dat was bij deze neoliberale club te verwachten)

To some this will sound like a warning, but to yield-hungry investors like a sales pitch.

France/Germany: Europe needs to defend itself, can't rely on US anymore Trump: Europe needs to defend itself, it can't rely on the US anymore. .... Rutte: haha, ja, nee, gaat niet gebeuren zonder de Amerikanen, vergeet het maar. www.politico.eu/article/euro...

De gemakzucht, lafheid en risico-aversie van de VVD...past dat echt bij een ondernemers partij? Ja, het past.

Yet another data point supporting the view that there is change afoot in the global financial system. I know it's trite, but this is all "how to dismantle a reserve currency." The dollar as the go-to haven in times of crisis, well, that appears (again) to be shaky. 1/

Trump wants Europeans to import more from the US, wants to decrease interest rates AND wants Europeans to hold US assets (lend to US)...all while the dollar slides. Make it make sense. Maybe bessent could advise trump to take a deep breath...

What is it with Bild Zeitung and its periodically recurring obsession to urge other countries to sell their territories to appease bullies?

Could be a segment from the daily show, laughter from audience setting in at any moment. Unfortunately it's not

"What you accomplished in Syria today is incredible" Syria today abcnews.go.com/Internationa...

Are there already bets on polymarket as to the veracity of these DMs to Trump?

Everything but our exports.

Looking at this and the Hungarian response, the common denominator in otherwise totally different regimes is their growth models that are totally dependent on "external enablers".

It gets wilder than that: - voting in this new "UN-like" organization by majority, subject to approval by chairman (trump) - the fund will be controlled by Trump - the fund is meant for rebuilding Gaza, "almost every dollar will go to that end" Not even hiding the fraud-to-be-committed anymore.

There is something rotten in the States.

So ... are we going to talk about this? www.ft.com/content/a609...

VVD and co inadvertently admitting that what makes the "vestigingsklimaat" is not the level of corporate taxes (as they usually do), but ultimately pay (salaries).

Fascinating long read about Tooze by @robertpbaird.com. (But how the hell has Tooze managed to write another book, given Chartbook and everything else?)

Will certainly lead to an expansion of the private security sector: ex-ICE will create environment that will increase demand for private security, ultimately hiring ex-ICE.

Een groep wetenschappers, opiniemakers en organisaties eist duidelijkheid over de Amerikaanse overname van Solvinity, het bedrijf achter DigiD. Economische Zaken onderzoekt de overname momenteel, maar wil er niets over zeggen. Juridisch vuurwerk dreigt. www.ftm.nl/artikelen/pr...

Best bijzonder: een overheid die geld bijlegt omdat kapitaalbezitters ‘nu eenmaal hoge rendementen eisen’. 👉 buff.ly/OO2XD4I

Otoh, a growing repo market is a sign that no one wants to take risks (lenders are secured thru colateral). Otoh, the system as a whole is so big that it appears as safe as a fighterjet pilot flying close to hypersonic speed with one hand on the ejection handle. www.ft.com/content/220d...

"Responding to authoritarian developments by defending a historically anti-democratic institution makes little sense. " @proufos.bsky.social on why defending CBI is not a democratic bulwark against against Trump's assault on the fed: www.karlpolanyisociety.com/2025/12/04/f...

Ijzersterke documentaire over Nederlandse wappies die naar Paraguay vertrekken om daar een kolonie voor "wakkere" Nederlanders op te bouwen... want te veel acz's en te veel wokeisme in NL. (Sid Lukassen komt ook op bezoek) You couldnt make it up. npo.nl/start/afspel...

Well, lately the institutions have proven to be anything but strong. And US economic policy reflecting practices of developmental states precedes Trump by decades.

People run with the narrative Exxon doesn't want to invest in Venezuela. But if you read the whole statement, it sounds more like they are looking for de-risking and thus help from the US gov (financial and otherwise).

this looks - one way or another - likely

I remember Saule Omarova's hearing before the Senate Banking Committee and the folks that support Agent Orange were branding her a communist for making the case in her research work to provide public banking services, curbing predatory lending etc.

"Ik had van [links] meer empathie verwacht"

Current moment should challenge rational-choice institutionalism accounts of the Acemoglu/Robinson type: - rich and powerful countries foster extractive institutions in an attempt to remain rich and powerful 1/

Because it helps to underestimate and thus justify inequality: if expected pensions weren't counted in current wealth, the wealth distribution would look a lot more skewed. Can't have that.

Merz feuert Bürochef weil der kein Ökonom ist - es fehlt an "Wirtschaftswissen im direkten Umfeld". Der logische Nachfolger ist also ein...Jurist. Ordo is alive and kicking in good ol Germany.

Tbf, this was sent before Trump's presser where he indicated the US will rule Venezuela for a while & make it pay for it by extracting oil. So EP president has now a full Sunday to work out sth better than trying to manifest "freedom and democracy" in Venezuela through posting soc media communiqués.

All that simping didn't pay off

How to engineer financial dominance: dump long-term bonds => long end yields rise => argue credibility of govs to deliver "sound fiscal policy" is questioned => austerity => privatization => higher private debt => financial mkts balloon => demand for shorter term gov debt rises

Made in USA 👇 Brought to life in the USA 👇 Okay, overpriced second hand iphone it is

Post a perfect album from the 90s that isn't nirvana, Soundgarden, pearl jam, or alice in chains

Not a cultural studies reader, but devoured this book over the last week. As someone coming of age in 2000 this was particularly interesting as most of the pop artists mentioned in it are familiar and indeed...it's the same folks that have been around already 15+ years ago.

@greatdismal.bsky.social talks about "the jackpot" in some of his novels not a single breakdown, but a mess of small things adding up, of unintended consequences. Reading this made me shiver, and feel that this is a harbinger of exactly that pattern.

What if this is not "falling for it", but pumping up the prices of the falling AI stocks in her fund?

Hele goede kanttekeningen bij het Wennink-rapport. En een kattenplaatje. rodecijfers.substack.com/p/wennink-ee...

No (institutional) investor wants to be saddled with stranded assets, but especially the Dutch don't want to be "under water"

LLM was fed by all the text data available, and spews out this. This means that in the texts it was trained on, this was one of the most commonly invoked strategy for CDS sellers? Oh dear.