That's all rather embarassing.

King of Snake

Underworld would so work with this

Xtrackers have an msci world ex us etf. Currently my largest personal holding... though for valuation/ai bubble reasons rather than in response to today's events

Naughty yak!

I am so glad to hear that.

I've bought two of her albums, post the Glastonbury sets. She's my new obsession.

Got my penguins out today.

(I'm originally Australian. This is how we Christmas.... July in the southern Hemisphere)

Under the Australian rules, the social media companies are liable for the fines

I understand the practical issues with open borders, but I can't help but believe that future generations will think denying some people the right to walk the earth, trapped in places without opportunity or a decent life, is up there with slavery as a moral abomination

Kinda sad, when you think about it

I do dishwasher in our house, because of this... everything has a spot!

Two dogs on a couch

Dogs are always beautiful

Embrace the pen and page without fear.

You have our support and love

Not our choice anymore. We have to apply to be readmitted and the EU rightly wants the chaos monkeys outside the tent

You forgot about the therapist which triggers self harm and suicides.

Gay man here. Sexually active around 1989, came our in 1991. It was full on scary. Had friends who got infected. But don't know anyone who died.

And this was is Perth, Western Australia. Not exactly a beacon for diversity and tolerance

Transnational Catholicism in Tudor England: Mobility, Exile and Counter-Reformation, 1530–1580 Published in Reformation (Vol. 30, No. 2, 2025)

Pleased to review Fred Smith’s excellent 'Transnational Catholicism in Tudor England', now out in Reformation. The book shows how English Catholicism was 'shaped, defined, and sustained' through exchanges of ideas and people across Britain and Continental Europe.
www.tandfonline.com/doi/full/10....

OTD in 1623, the Fatal Vespers tragedy occurred: a building hosting a secret Catholic service in Blackfriars collapsed, killing around 100. The aftermath saw vicious anti-Catholic violence, but, as I explored, it also reveals much about tolerance & Catholicism in London. doi.org/10.1017/bch....

That's a stressful holiday

*baked

Agree. But currently making a sausage and bean casserole, with Chorizo and paprika, which is what bakes beans always wanted to be when they grew up.

The stuff in tomato from a can is minging

Great book. Have to admit I was halfway through the before I realised the Hermit Kingdom wasn't North Korea

Maybe. Financial markets have a habit of testing new innovations to destruction (e.g. CLOs and CDOs) in 08, before working out what's fixable and thus sustainable, vs. what just needs to die.

And PIK interest is still income, as long as you/your valuer still think the borrower is good for it

Ultimately. But you're raising the next fund based on realised returns and realised defaults /losses given defaults since inception.

PC managers are often built around origination, not underwriting. Incentivised to stay sweet with the sponsors. CLO and Lev Loan fund managers don't care. It's public, they can buy what they want to buy

Lots of differences on the buy side. CLOs start to fail indentures with CCC buckets > 7%. PC funds can get more "creative". PIK in particular. Defaulting is a choice... at least for a while. And both sides are incentivised to minimise defaults

Only 600k or so, according to the FT. Would be interested to learn if the govt can go after historical dividends paid out

She was 2...