Blai Avià
@divuitmesos
Conductor novell en un 4x4
Happily, European banks are much less reliant on dollar wholesale funding than they were before the global financial crisis -- and with new opportunities developing in Europe, don't necessarily need a big dollar book going forward 1/3
European officials beginning to wargame what it would look like if the Fed pulled their swaps under political pressure. The Fed got the State Dept's OK for each of its temporary emerging market swap lines in 2008. Unclear tho if it'd pull a standing one from Europe, Japan, etc.
Pet Sounds is the story of the desire to experience the world like how you think other people do and the crushing feeling that it’s leaving you behind
brian wilson made secular music that sounded religious, like prayer </3 one of my earliest musical loves
“God Only Knows” is the most beautiful song pop music has every produced. It’s never been matched, I don’t think it ever will.
Why is everything in America like this. You walk into a grocery store in this country and it has a banner proclaiming it's more than a grocery store, it's a vision of a better future for everyone. Why do we have to lie like this
Whac-A-Mole is more than a game
Un plaer parlar amb @claraemattei sobre 'El orden capital', una obra exemplar d'història econòmica que demostra com rere els objectius macroeconòmics de l'austeritat s'amaga un propòsit molt més polític: aïllar el capitalisme de la democràcia vilaweb.cat/noticies/clara…
I've always found Garden of Earthly Delights absolutely shocking for a 16th century painting. It must have been so bewildering to people. I feel like Bosch must have legitimately witnessed Hell at some point in his life. This kind of inspiration seems wholly original.
Hieronymus Bosch
The other thing that drives me crazy is people recognizing this and then saying something “it’s cheating because there’s extensive state support” rather than seeing that as potentially a lesson to be learned from.
As I said before, my biggest takeaway as of late is that China is simply beginning to make better products. Better phones than Apple, better EVs than Tesla. They are outcompeting us at capitalism.
Astonishing, Joe and Tracy have been churning out almost an episode a day. What frustrates me in the episode with Setser is the unexamined assumption (prevalent even among the very, very smartest like Brad) is that cutting out China is good (just not the US alone approach)…
what happened is actually massive. they all stared down the barrel and the rest of the world said ‘okay we’ll unload your treasuries’ and bond yields spiked. the idea that the US can just push everyone around at will is over
the thing with lynch is that while people talk big about his works being super cryptic, theres usually a scene where he straight up tells you the meaning of it all.
wonderful blessed creatures who make our world sound beautiful
This is like the most beautiful video i’ve ever seen
After I posted this, a few people reached out and asked if they could send me their family film slides to digitize and/or preserve. The second batch I received was from the Hartmann & Goldstein family. Many of the images look like stills from a movie.
Gambled on another mystery batch of film slides.
It's really not: It's a robust empirical finding that countries that industrialize later peak at lower trend rates of GDP/head because the industries they acquire already have a higher level of mechanization. This is why the Chinese growth story is so impressive.
The important thing to understand about energy CEOs is that four years ago Larry Fink offered them a chance to enjoy permanent cartel profits forever if they just said the words “ESG” in unison as an excuse to cut capex and most of them were too stupid to take him up on the offer
this dallas fed survey of the energy industry is remarkable, the oil patch is completely bewildered by and furious with the trump administration