@abcampbell @grok what does author mean by not fighting heartland?
@FarEastOrange @grok this is the topic for the next chapter
@abcampbell Two questions. Neither the UK or Germany actually won. They actually atritted each other so badly that the US could rise to be the undisputed hegemon. Will india gain the same way? How can we trust macroeconomics if the incentives and axiom were wrong past 30 years?
@ShaneMa01033790 U.K. clearly won, but it had to sacrifice its empire to do so. And yes, India is clear winner long term if it can get its act together.
@abcampbell Good read. Have you had anyone from China’s perspective on these?
@borker lol have you seen my mentions for the last week?
@abcampbell First article remains the best
@jasongrig This one is a bit of a slog, but necessary for what comes next.
@abcampbell @threadreaderapp unroll
@abcampbell @threadreaderapp unroll
@abcampbell IMO: 1. Food - China can import a lot from Russia and Kazakhastan via land. Both countries need Chinese products, they will trade for yuan, gold, or simply exchange goods. 2. Sea blockade for oil. If China wants to attack in full, they will likely try Pearl Harbor style
@abcampbell Well done. Excellent article
@abcampbell Fascinating read. Eye opening. Admire and appreciate all the research and analysis that went into this.
@abcampbell Comment for algo this was an amazing read
@abcampbell Great analysis!
@abcampbell Sylvain Charlebois @FoodProfessor
SOFR trading about IOR is totally normal. It has traded that way for months in the past. All that means is that demand for repo financing is exhausting MMF cash, and going forward marginal financing will come from bank treasurers whose opportunity cost is IOR.
ruined my weekend by shorting gold on thursday, now just kind of waiting for futures to open and GC to be at 4500 for some reason
It's just fascinating that while the Chinese are busy working hard on efficiency and reducing costs to make AI as profitable as possible for both the labs and the hyperscalers, in the US, everyone seems to have been hypnotized by Jensen, whose company Nvidia is the only one truly
Stop Trying to Make “Regional Bank Crisis” Happen Regional banks aren’t breaking. Credit issues tied to private credit funds are isolated, while NIM, credit losses, and capital look the strongest in years, making the recent worries a relative buying opportunity.
