Rinse and repeat every weekend…
Posts by David Pickworth
From an investment banker’s perspective, everything you say is 100% correct…the motivation? Money. A $760 million short position taken 20 minutes before Trump’s last announcement? Sell that and take the counter-position on Sunday night when the Asian markets open and make the same profit once again.
By 2030 Spain’s electricity generation is projected to be +80% from renewables. Trump hates economics that aren’t fossil fuel dependent… he has no leverage over them.
GDP comparisons are highly distorted (Luxembourg #1 in EU > banking, Ireland #2 > low tax, Netherlands #3 > import/export hub)…
The paper trail will lead to a blind corporation in an offshore jurisdiction and that will be the end of the story.
Corruption at the highest level, protected by an administration that believes it works for the president not the people, and ring fenced by a supine Supreme Court.
Any projections based on Trump’s unilateral pronouncements aren’t worth the paper they’re written on… the Strait is apparently closed again before the day was out.
It’s way bigger than that…
Crude prices up by 25% since the start of the war… Trump had to reward his fossil fuel buddies and everybody in the world is now funding their windfall profits.
That’s a given.
US is energy self-sufficient but it still constrains US foreign policy because rising gas prices push up inflation and consumers feel pain. Oil shocks are now less a pure drag on national income than a distributional shift: consumers lose, while a smaller group of producers and investors gains.
I love that movie 👍🏼
I’m not saying that AI won’t have a positive influence on many areas of business, but I’m not convinced that the rewards will cover the enormous capital expense.
The US has the 4th largest Catholic population in the world.
Trump is in a verbal battle with the pontiff, whom Catholics believe to be the Vicar of Christ and the earthly representative of Jesus Christ.
Trump is out of his depth in a puddle, but against this opposition he has no chance.
I'm reporting you for 'fat shaming'...
Proving beyond doubt that Fartage is the type of person who'd;
(a) take a disabled parking space ✅
(b) steal from his own mother ✅
(c) take sweets from a baby ✅
The circular funding of AI makes it almost impossible for the general public to make any kind of judgement about the commercial viability of the industry... it's a casino run by a guy with a shaky record in casino management.
😂
Ouch, tequila. that's going to end badly.
Trump doesn't do friendship. He does usefulness... and when you're no longer useful you're put out with the trash.
North Sea oil reserves are 90% depleted. It doesn’t make economic sense to invest in its extraction…
If there was a village for all the village idiots, Trump would be the village idiot of that village.
I don’t know, but I’m just guessing that he made up the 98.2% number…
Did he mean Alberta?
There's so much riding on his success in turning Hungary around... Orbán will have left some boobytraps for him, of course, but how he reshapes the Hungarian constitution will be critical for how the EU moves forward in other countries where r/w populists are dominating. I wish him every success.
Petr Pavel in Czech Republic is a top man (and a MotoGP/WSBK fan) 👍
Ah yes, sorry.
Now the EU has to deal with Fico in the Czech Republic, apparently he says he's going to block the Ukraine funds.
Not quite... @coldwarsteve.bsky.social
Never met him.
Didn’t know him.
He wasn’t a good leader for Turkey…
Yeah, everyone knows he's punting it around the marketplace... to me it smacks of opportunism and making a fast buck... but hey, that's 'merica.