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Tom Adshead

@tomadshead.bsky.social

Director of Research at Macro-Advisory Ltd. Eurasian economics and politics

303 Followers  |  449 Following  |  360 Posts  |  Joined: 06.10.2023  |  2.2423

Latest posts by tomadshead.bsky.social on Bluesky

Bid at 15.5 on Betfair with no offers, but it's an incredibly thin market

07.10.2025 10:42 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Not denying your experience, and I'm sorry that happened to you. But the two times I've been there (for lunch) we've had nice tables outside and the onion soup or pied de cochon were fantastic. We're obviously tourists and they were nice to us.

06.10.2025 19:00 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Definitely possible

02.10.2025 19:55 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Frantsuzy otdana! I remember quoting this the day that we bought out Paribas's shares in UFG.

02.10.2025 17:44 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

I was there in 1996 or 1997, and I was stunned by how fast the fans turned on their own team.

02.10.2025 17:38 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

@londoncentric.media Your recent subject Preston Benson appears here too

02.10.2025 13:51 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Cocaine will out

30.09.2025 19:40 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

And there is a fair amount of defence production in the NW, so maybe that is his brief. This will also avoid conflict with the St Petersburg clans, so that will help him. But the general view is that Putin has chosen a low-key guy who will obey orders and not upset the political balance 3/3

29.09.2025 15:24 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

But has not exactly stood out at Tver. His speciality is agriculture, but that has been taken over by the Patrushevs so that road was closed. Rudenya is rumored to be ambitious, but does not seem to have achieved enough for a federal ministry. The rumor mill has him working well with Chemezov 2/n

29.09.2025 15:24 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Igor Rudenya moves from Governor of Tverskaya Oblast to NorthWest Presidential Plenipotentiary. Not really a rising star, and the local view is that he's chosen because he's not linked to any of the St Petersburg clans. Seen as a personal choice of Putin, someone who gets things done 1/n

29.09.2025 15:24 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I'm not sure I'm strong enough to be an Arsenal supporter

28.09.2025 17:33 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
Erling Haaland On Life In Germany, Being Relentless & His Rap Career - SoccerBible Since bursting on to the scene 18 months ago, Erling Haaland hasn’t looked back, scoring goals for fun in his relentless drive to be the best. As a man of few words – and living the clichΓ© – he tends ...

www.soccerbible.com/interviews/2...
This is saying he's more of a rap guy, although there is a mention of classical music

26.09.2025 15:24 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Thanks, that sounds correct. I was just trying to push back against the narrative that Kozak left because he was anti-war. I think he was offered the PolPred job in the NW, turned it down, and that turned into a wider talk about his career, and Putin let him go in recognition of his earlier service.

26.09.2025 15:11 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

The problem is that the US, along with the other Security Council members, would have a veto! This is the fundamental flaw of the rules-based international system, that the US was never going to allow itself to be subordinate to it. It's not the rule of law if the hegemon is above the law

26.09.2025 14:18 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

But at this meeting at least, I don't see Kozak speaking out against the invasion. Maybe there are off-the-record sources, but Kozak did not dissent at this meeting, not publicly at least. And this was the meeting when Putin made his elite accept public collective responsibility for the invasion 4/4

26.09.2025 14:13 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

At the end Kozak offers to speak about whether the Donbass should be annexed, but Putin shuts him up. Which may have been because Putin didn't want Kozak speaking against the annexation. Or it may have been because Kozak wasn't a member of the Security Council, so his opinion wasn't relevant. 3/n

26.09.2025 14:13 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

He's very critical of Ukraine's behaviour during the negotiations over the Minsk agreements, and his statement here is one of the main justifications offered for the decision to recognise the independence of Donetsk and Luhansk. Which was an abandonment of Minsk which then led to the invasion 2/n

26.09.2025 14:13 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Just doing some work on Kozak's departure from the Presidential Administration. Lots of Western media saying that he spoke out against the 2022 invasion of Ukraine. I looked at the Security Council stenograph: kremlin.ru/events/presi..., and I don't see him against the recognition of the Donbass 1/n

26.09.2025 14:13 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Presumably the same reason that Putin wouldn't be arrested if he had come - the US has not signed up for the ICC

26.09.2025 14:00 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

This. In any other country Witte and Stolypin would have been national heroes

25.09.2025 11:33 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

I think it was quite successful as an economic development project, and would have compounded the benefits if there had been no war, but for that you would have required an economically rational Russian grand strategy, which has always been an oxymoron

25.09.2025 11:29 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

You could say the same about Russia! Wasted resources on building the Transsiberian, which provoked the Japanese, led to the 1905 war. Then the lack of westbound train capacity was a contributor to military failure in 1916-17 which led to everything else

25.09.2025 11:21 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Erm - thalidomide was withdrawn in 1961 and Farage was born in 1964, so when was he told it was safe? Also he does know that a whole new drug testing system has been built since then?

24.09.2025 09:48 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

The AI bubble will burst, it's just a question of when and at what level. I think it will play through similarly to the collapse of the dotcom bubble. That is, bad for the stock market, not so bad for the real economy. What's less clear is what happens when the bitcoin bubble bursts

20.09.2025 07:03 β€” πŸ‘ 6    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
Post image 15.09.2025 08:12 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I'm assuming you've read the O'Brien books, which are brilliant on all this

11.09.2025 15:07 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Could it be a net number to include credit card bills and consumer debt?

11.09.2025 10:58 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

It just occurred to me that this was a feature, not a bug. The idea was that Trump would remember Mandelson from the Epstein parties

10.09.2025 10:51 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

I would be interested in this. I've recently returned to London after 25 years, and am trying to work out why people are wearing what I would have thought of as a waistcoat. My first thought was airconditioned offices and warmer weather outside. Or they want to look like they work in a bank office

10.09.2025 09:53 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

Is there an AI element to this? Maybe they're like the lifts in Hitchhiker's Guide to the Galaxy, and they use LLMs to predict the short-term future, to speed up lift journeys. Has to be worth a premium

08.09.2025 15:37 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

@tomadshead is following 20 prominent accounts