Mastodawn

Now, that the agree to disagree agreement between the US and Iran has collapsed, what happens next? Oil prices are rising again, this means gas prices will start rising again. This also means that the Democrat edge in the polls will increase again, Americans vote their pocketbooks. Iran has its claws around the throat of the Trump government, they will not be kind. We shall see if Trump can survive a Democrat controlled Congress, perhaps with large majorities. #geopolitics #politics #economics

micchiato 🎋1h ago

“Defenders of the so-called Confederate States of America were far from bonkers when they argued passionately that their revolt was consistent with the animating and driving spirit of 1776. Slavery fueled a rising capitalism.”
— Gerald Horne, The Counter-Revolution of 1776
#books #history #nonfiction #politics #uspolitics #uspol #economics #juneteenth

Akshay 2h ago

Dan Davies points out that the AI Boom depends on quite some assumptions:

“- that R&D spending can be kept under control in equilibrium
- that all expenses other than COGS scale slower than revenues
- that current bottlenecks in data centre capacity can be solved
- finance remains available
- depreciation and replacement capex don’t upset anything”

https://backofmind.substack.com/p/tokenalysis-and-john-henry

#AI #Finance #Economics #LLM

tokenalysis and john henry

I have a few things to write about, but am now conscious of what ought to be going here and what ought to be going into the manuscript… so, instead of more stuff about governance and the problem factory, I return to the project of “sensible skepticism

Dan Davies - "Back of Mind"

ℒӱḏɩę 💾☮∞🎶♲☀🔋4h ago

Coming soon to a market near you!

There will be a Y2K / DotCom style bubble pop of AI, and that will directly lead to a repeat of 2008. AT THE SAME TIME. Allocate your 401k accordingly.

EDIT: The NASDAQ will continue to skyrocket for a bit, but the cracks are forming in the foundation. Could be later this year the pain starts.

#economy #economics #bubble #ai #finance #scam

The-14 4h ago

Spectacular deficits and record revenues: FIFA’s financial cycles are a winning strategy
#FIFA #WorldCup2026 #Football #Soccer #Business #SportsFinance #Accounting #Economics #Canada #Mexico #USA #WorldCup #SportsIndustry #Revenue #Investment #Sports
https://the-14.com/spectacular-deficits-and-record-revenues-fifas-financial-cycles-are-a-winning-strategy/

Spectacular deficits and record revenues: FIFA’s financial cycles are a winning strategy | The-14

FIFA’s billion-dollar deficits before World Cups are part of a four-year strategy. Here’s how record revenues and reserves drive its success.

The-14 Pictures

/brúno antúnɛs/5h ago

The perverse seductiveness of Fernando Pessoa

#pessoa #economics #anarchism
https://branko2f7.substack.com/p/the-perverse-seductiveness-of-fernando

The perverse seductiveness of Fernando Pessoa

It is impossible to spend a few days in Lisbon and to be a compulsive voyeur of bookstores, without noticing almost everywhere the name of Fernando Pessoa.

Global Inequality and More 3.0

doboprobodyne 7h ago

@hannaB @wordmark
I, too, hope the lizard-people are in charge, steering the ship, rather than the ship(s) of state(s) being subjected to the brownian-motion soup of feedback loops... But, alas...

#economics #money #conspiracy #cybernetics #finance

%%sitename%% [Unofficial]10h ago

Bangladesh Bank Heist: Whistleblower Claims Cover-Up A Decade Later, Placing Insider System in the Crosshairs

https://fed.brid.gy/r/https://www.pressenza.com/2026/06/bangladesh-bank-heist-whistleblower-claims-cover-up-a-decade-later-placing-insider-system-in-the-crosshairs/

%%sitename%% [Unofficial]11h ago

Bangladesh Eyes Self-Funded Teesta Mega Project Amid Regional Geopolitical Balancing

https://fed.brid.gy/r/https://www.pressenza.com/2026/06/bangladesh-eyes-self-funded-teesta-mega-project-amid-regional-geopolitical-balancing/

Emeritus Prof. Christopher May 10h ago

If, as reported, Andy Burnham is now thinking about his Cabinet (ahead of his expected win in a leadership contest in the Labour Party) & is focussed on who might be chancellor... there is a sense of re-arranging the people in the deckchairs on the Titanic.

Without a much clearer industrial policy & a convincing case to allow the Govt. to fund that policy (in other words finding a way to convince bond market traders it makes sense), it won't really matter who is in No.11.

#politics #economics