stupid Trump tweet for many reasons but one of which is that Spain had higher GDP growth than the US over the last year (3% vs 2%)

Saw something referencing the US manufacturing renaissance earlier and ... sure, if you like I suppose?

I think she means to imply that a blockade is an "economic" alternative to war. But it's not, it's legally an act of war, with all that implies.

In the early Depression a local Maytag dealer convinced the town of Hawarden, IA to print its own dollars. It wasn't fiat; Hawarden maintained a fund to buy back every note. Dollars never worked equally well for everyone, and they still don't today. www.penguinrandomhouse.com/books/634502...

Can we make this a thing again: Scholars of financial capitalism publishing papers about Renaissance Florence, with killer abstracts, in the American Journal of Sociology. Please.

‘Investors placed a bet worth about $760M on a falling oil price around 20 minutes before Iran's foreign ​minister announced on Friday that the Strait of Hormuz was open.’ www.reuters.com/sustainabili...

This chart, and this chart alone, sums up almost everything that has gone wrong with the US and the global economy:

Absolutely insane numbers on data center buildout. I haven’t vetted these by they’re about right based on memory/back of the envelope.

Trump doing a good job of summing up the geopolitical consequences of his war by acknowledging it’s Iran’s now.

Surprising no one who really knows payment systems, crypto didn't fix it: "Iranian officials have grown frustrated with a plan to generate revenue from shipping in the Strait of Hormuz, with little money collected despite expectations of significant income" www.iranintl.com/en/202604162...

this is excellent

The US Treasury market has only grown more dominant in recent decades, exploding in scale while its closest rivals have remained fragmented (the euro area), strictly controlled (China), or largely moribund (Japan). Global investors have no real alternatives:

Next month's March data is likely to show some rebalancing happening under the surface, but global demand for US assets remained relatively strong ahead of the war, with the corporate sector seeing very large inflows:

Family Guy predicted everything, including today’s stock market action.

Crypto is Mary Kay for Men 💄

Nominative determinism at work when a shoe company pivots to an investment thesis that’s for the birds.

BBG: *US, IRAN GAVE 'IN PRINCIPLE AGREEMENT' TO EXTEND TRUCE: AP

Remarkable chart from this great @ember-energy.org piece. The '70s oil shocks permanently broke the fossil-fuels/GDP relationship. The 2020s shocks will trigger an even more dramatic paradigm shift against polluting fuel and toward clean energy www.electrotech-revolution.com/p/the-new-tw...

Oh oh! I know this one! There will be a multipolar global order.

DOGE turbocharged the deficit. budgetlab.yale.edu/research/wea...

His grasp of how liquidity works raises concerns about the future of central bank swap lines.​​​​​​​​​​​​​​​​

If you really want things to stick, you should use Tortilla, not Taco.

Here's a good paper on a problem plaguing the statistical systems of not just the US, but Canada and other countries too. It has major implications for the reliability and relevance of Statistics Canada surveys. www.brookings.edu/articles/why...

Unicorn pie recipe: first, find a unicorn

Look at these increases in China's trade surplus over the first quarter compared to Q1 2025... EU: +30.6% Germany: +102.6% Netherlands: +18.6% France: +31.8% Italy: +39.3%

Dad pun of the year so far, imo

From @simongerman600.bsky.social on the bird site a few weeks back:

He's clearly been watching "The Pitt" because all the doctors on that show wear red robes and cast healing light beams from their palms in order to cure their patients when they "do Red Cross."

This is Sadie. She was finally reunited with her human, astronaut Christina Koch, after her mom’s voyage around the moon took her the furthest any human has ever been from their dog. She can't wait to hear all about the universe. 14/10 (IG: astro_christina)

More proof (if you needed any) that the dude's never read the Bible, especially the part about graven images.

It's Got What Sycophants Crave!

First documented case of someone making money from SocGen advice.

Omfg lmfao Going from by PM of Canada to this lol This is so fucking funny

Early cross-asset market action shows investors don't like Trump's "you can't blockade me, I'll blockade you" gambit, and punters in prediction markets are back to betting on a prolonged closure of the Strait of Hormuz:

so, uh, can we get JD Vance to the Tottenham Hotspur Stadium

The EU is sitting on €6.4 *billion* in grants for Hungary With a likely constitutional majority enabling Magyar to govern with a freehand, I suspect that money will flow quickly Ukraine's €90bn loan will also be approved Hungary will now move into the European mainstream

Vance is the Inverse Cramer for geopolitics.

The Usual Suspects (1995)

This is quite possibly the meanest thing ever posted on Bluesky, and I’m here for it.

wtf is happening

America: a country that can send four highly skilled people around the Moon but can't send a decent human being to the White House

Trying to fix a blockade by ... imposing a blockade:

Oh... my God. My first tweet to be stolen by the President of the United States 😅

P.S. I am begging people to stop believing—and parroting—the tale about the 1974 US-Saudi deal that, according to legend, has underpinned the dollar’s global role for 50+ years.

This is an incredibly detailed study. The issue I have with it (and others) is that their counterfactual would leave trends in the US completely at odds with those in the rest of the world.

*insert “look at me, I am the captain now”* Financial Times: White House pushed Pakistan to broker temporary Iran ceasefire www.ft.com/content/249b...

At risk of joining the tinfoil-hat brigade, it seems possible the Iranians haven’t been involved at all. Maybe Trump sent Pakistan a pre-formatted Twitter post, claimed an agreement had been struck, and took his own off-ramp. If so, the next few weeks could be very messy.

Why Bitcoin, you ask? Possibly because the IRGC has lots and lots of experience using it, based on IRGC-linked wallets which have appeared in US sanctions lists. www.chainalysis.com/blog/iranian...

We have gone from heavy sanctions to a Joint Venture?