Lars Christensen's Avatar

Lars Christensen

@mamomvpy.bsky.social

Co-founder, CEO, and Head of Analysis at PAICE. Economist, "Money Doctor" and everything data and AI. globaletanker.dk

3,022 Followers  |  6,265 Following  |  350 Posts  |  Joined: 16.11.2024  |  1.5918

Latest posts by mamomvpy.bsky.social on Bluesky


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Mon ikke motivationen var let at finde for Iffe Lundberg, som med 21 point blev delt topscorer, da Maccabi Tel Aviv slog danskerens tidligere hold Partizan med 95-93 i EuroLeague #EveryGameMatters #EuroLeague

03.02.2026 21:44 — 👍 5    🔁 1    💬 1    📌 0
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Søndagseftænksomhed... Læs @mamomvpy.bsky.social s lille post (fra Facebook) og tænk over... Er vi blevet klogere... Hvordan vil de se på os om 90 år?

25.01.2026 17:01 — 👍 2    🔁 1    💬 0    📌 0
Screengrabs from Twitter:

 The problem isn't Trump. The problem is the US. 

When the outside world observes Trump's insane behaviour and his threats against allies, and we at the same time observe that there is no real action from the US public, Congress, the US Supreme Court, or the US media about this insanity, we will all have to conclude that the US accepts this behaviour. 

The public in the US think the US is entitled to a certain position in the world where there is no room for decent behaviour and where there are no norms and rules. 

That means that we all have to conclude that the US — not only Trump — has betrayed the international order that the US, with its Western partners, were the main architects of after the Second World War. 

This is the conclusion that Canadian Prime Minister Mark Carney so clearly laid out in his speech at Davos yesterday. We simply cannot trust the US to play by the rules any more. Therefore, we also fundamentally have to ask ourselves — should we trust the financial and economic structure which is an integral part of the global rules-based order?

Americans live in the illusion that the US can do everything on its own, despite the fact that the US for nearly 20 years has lived beyond its means. 

US private and government consumption has been funded by, among others, European central banks and pension funds. But we now have to ask ourselves — why would we trade in dollars? Why would we put our savings into US Treasury bonds? 

If the US is not a rules-based society, we cannot trust the dollar to be a stable currency, and it would be insane to hold dollars. As domestic US institutions are eroded and governance structures destroyed, the US will be turned into an emerging market economy — or more accurately, a de-merging economy.

Screengrabs from Twitter: The problem isn't Trump. The problem is the US. When the outside world observes Trump's insane behaviour and his threats against allies, and we at the same time observe that there is no real action from the US public, Congress, the US Supreme Court, or the US media about this insanity, we will all have to conclude that the US accepts this behaviour. The public in the US think the US is entitled to a certain position in the world where there is no room for decent behaviour and where there are no norms and rules. That means that we all have to conclude that the US — not only Trump — has betrayed the international order that the US, with its Western partners, were the main architects of after the Second World War. This is the conclusion that Canadian Prime Minister Mark Carney so clearly laid out in his speech at Davos yesterday. We simply cannot trust the US to play by the rules any more. Therefore, we also fundamentally have to ask ourselves — should we trust the financial and economic structure which is an integral part of the global rules-based order? Americans live in the illusion that the US can do everything on its own, despite the fact that the US for nearly 20 years has lived beyond its means. US private and government consumption has been funded by, among others, European central banks and pension funds. But we now have to ask ourselves — why would we trade in dollars? Why would we put our savings into US Treasury bonds? If the US is not a rules-based society, we cannot trust the dollar to be a stable currency, and it would be insane to hold dollars. As domestic US institutions are eroded and governance structures destroyed, the US will be turned into an emerging market economy — or more accurately, a de-merging economy.

If the US threatens the territory of allies, then the US acts as an authoritarian bully nation. Nobody in their right mind would lend money to the US government. If the US doesn't live up to its international obligations and respect the sovereignty of other nations, why would we expect the US government to honour its debts? 

If Trump can tariff nations that will not give up their territory, then there is certainly no reason to believe that the US will not introduce capital controls. And if that is a risk, why would you risk investing in the US?

It is not a question about Europe standing up to the US. It is a question about being prudent with our investments — about reducing risks.

Every day Trump remains in office, distrust of the US increases, and the cost for the US will go up day by day. And this is irreversible. It takes years to build trust, but you can destroy it by your actions in minutes. 

Europe has now completely lost trust in the US. And so has Canada. It is up to the people of the US to demonstrate that Trump is an 'outlier', and it is up to the American people to stop him. 

If you don't do that, we will have to assume that this is what the US is about — whether the name of the President is Trump or something else, whether the President is a Republican or a Democrat.

If the US threatens the territory of allies, then the US acts as an authoritarian bully nation. Nobody in their right mind would lend money to the US government. If the US doesn't live up to its international obligations and respect the sovereignty of other nations, why would we expect the US government to honour its debts? If Trump can tariff nations that will not give up their territory, then there is certainly no reason to believe that the US will not introduce capital controls. And if that is a risk, why would you risk investing in the US? It is not a question about Europe standing up to the US. It is a question about being prudent with our investments — about reducing risks. Every day Trump remains in office, distrust of the US increases, and the cost for the US will go up day by day. And this is irreversible. It takes years to build trust, but you can destroy it by your actions in minutes. Europe has now completely lost trust in the US. And so has Canada. It is up to the people of the US to demonstrate that Trump is an 'outlier', and it is up to the American people to stop him. If you don't do that, we will have to assume that this is what the US is about — whether the name of the President is Trump or something else, whether the President is a Republican or a Democrat.

See images 1 & 2

See images 1 & 2

See images 1 & 2

See images 1 & 2

Great post from the hellsite by @mamomvpy.bsky.social

21.01.2026 21:46 — 👍 17    🔁 5    💬 0    📌 1
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Hvad bringer 2026 – her er vores lytteres prognoser

HVAD SKER I 2026? OVER 700 MAKROPULS-LYTTERE HAR TALT

Tak til de mere end 700 lyttere, der har deltaget i Makropuls' nytårssurvey med 25 spørgsmål om dansk og international økonomi samt de finansielle markeder.

open.spotify.com/episode/0OOb...

podcasts.apple.com/us/podcast/h...

31.12.2025 07:30 — 👍 5    🔁 1    💬 0    📌 0

Hvor er der overlappende svarmuligheder?

17.12.2025 09:47 — 👍 0    🔁 0    💬 1    📌 0
Makropuls - Spørgeskema Turn data collection into an experience with Typeform. Create beautiful online forms, surveys, quizzes, and so much more. Try it for FREE.

På Makropuls har vi fået et lytterspørgsmål om positive historier fra Emerging Markets. Det giver anledning til at fortælle den stærke historie om Polens økonomiske udvikling siden kommunismens fald i 1989.

Nytårs-survey: form.typeform.com/to/lCdx7cKh?...

open.spotify.com/episode/5GzB...

17.12.2025 07:02 — 👍 6    🔁 1    💬 1    📌 0

Ok du kunne naturligvis aldrig finde på at ringe til en, der rent faktisk har lavet statistisk analyse af det.

29.11.2025 19:59 — 👍 3    🔁 0    💬 0    📌 0
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Too Big to Save: Fannie and Freddie’s Dangerous Tech Bet On Friday, Bill Pulte (Director of the Federal Housing Finance Agency and chairman of both Fannie Mae and Freddie Mac) announced that America’s two government sponsored housing finance giants…

marketmonetarist.com/2025/11/08/t...

Hat tip to this @mamomvpy.bsky.social story, apparently they are thinking of getting Fannie and Freddie investing in AI boom. Getting a bit beyond parody, this...

15.11.2025 09:42 — 👍 5    🔁 2    💬 0    📌 0
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HVAD DRIVER DE DANSKE SMØRPRISER?

www.linkedin.com/pulse/hvad-b...

12.11.2025 22:46 — 👍 8    🔁 1    💬 0    📌 1
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Too Big to Save: Fannie and Freddie’s Dangerous Tech Bet On Friday, Bill Pulte (Director of the Federal Housing Finance Agency and chairman of both Fannie Mae and Freddie Mac) announced that America’s two government sponsored housing finance giants…

New blog post:

Too Big to Save: Fannie and Freddie’s Dangerous Tech Bet

marketmonetarist.com/2025/11/08/t...

08.11.2025 19:30 — 👍 6    🔁 1    💬 0    📌 0
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Kød, ketchup og købekraft – hvorfor stiger madpriserne?

@mamomvpy.bsky.social taler om fødevarerpriser i seneste afsnit af 'Makropuls'.

God indføring i forskelle mellem partikulær prisstigning (på en enkelt varer) og inflation, samt i mulige årsager for prisændringer i fødevarer. Og forskel på det objektive og subjektive.

#dkøko

pca.st/episode/d903...

05.11.2025 12:51 — 👍 3    🔁 1    💬 1    📌 0
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Kød, ketchup og købekraft – hvorfor stiger madpriserne? Podcast Episode · Makropuls – med Lars Christensen · 11/05/2025 · 53m

Ny podcast:

Kød, ketchup og købekraft - hvorfor stiger madpriserne?

podcasts.apple.com/us/podcast/k...

open.spotify.com/episode/7gx7...

05.11.2025 20:59 — 👍 3    🔁 0    💬 2    📌 0
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Kan Ukraines droner knække russisk økonomi?

Ny podcast:

Makropuls: Kan Ukraines droner knække russisk økonomi?

open.spotify.com/episode/50wU...

podcasts.apple.com/us/podcast/k...

Del gerne.

22.10.2025 12:06 — 👍 5    🔁 1    💬 0    📌 0
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Investering i krisetid Podcast Episode · Makropuls – med Lars Christensen · 10/08/2025 · 58m

NY EPISODE AF PODCASTEN MAKROPULS:

INVESTERING I KRISETID

Makropuls er produceret i samarbejde med Howden Danmark.

podcasts.apple.com/us/podcast/i...

open.spotify.com/episode/2Pr2...

08.10.2025 05:22 — 👍 4    🔁 0    💬 0    📌 0
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EKSTRAUDGAVE: DRONER OVER DANMARK

Dronerne over danske lufthavne gjorde det nødvendigt at lave en ekstraudgave af "Makropuls".

Jeg har inviteret Mikkel Vedby Rasmussen til at diskutere, hvad denne nye virkelighed betyder.

open.spotify.com/episode/066L...

podcasts.apple.com/us/podcast/e...

01.10.2025 04:28 — 👍 4    🔁 2    💬 0    📌 0
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The blog post:

"Measuring Political Violence in America: A Language Model Experiment"

marketmonetarist.com/2025/09/24/m...

24.09.2025 18:54 — 👍 6    🔁 0    💬 0    📌 0
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Federal Reserve sætter renten ned - men hvorfor dog det?

NYT AFSNIT AF "MAKROPULS":

Federal Reserve sætter renten ned - men hvorfor dog det?

open.spotify.com/episode/126Y...

podcasts.apple.com/us/podcast/f...

24.09.2025 04:52 — 👍 6    🔁 1    💬 1    📌 0
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ARGENTINA FIRST: MAKING BAIL OUTS GREAT AGAIN The Argentine markets took a beating last week, but US Treasury Secretary Scott Bessent has rushed to the rescue with a remarkable promise: America will provide what amounts to unlimited support to…

New blog post:

ARGENTINA FIRST: MAKING BAIL OUTS GREAT AGAIN

marketmonetarist.com/2025/09/22/a...

22.09.2025 17:40 — 👍 7    🔁 1    💬 0    📌 0
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The Fed’s Drifting Anchor The Federal Reserve cut rates by 25 basis points yesterday, bringing the fed funds rate to 4.00-4.25%, exactly as markets had expected. Stephen Miran – Trump’s recently appointed member…

New blog post:

The Fed’s Drifting Anchor

marketmonetarist.com/2025/09/18/t...

18.09.2025 09:39 — 👍 5    🔁 1    💬 0    📌 0
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US inflation acceleration – a lot faster than you might think Many economists and market observers have expressed surprise at the apparent absence of inflationary effects from President Trump’s economic policies. I find this a bit puzzling, as I believe…

"Despite this clear inflationary trend, the Federal Reserve is expected to reduce its policy rate by 25 basis points in September. In my view, this would be a clear signal that the Fed has yielded to political pressure"

marketmonetarist.com/2025/09/13/u...

By @mamomvpy.bsky.social

14.09.2025 08:31 — 👍 17    🔁 6    💬 2    📌 0
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US inflation acceleration – a lot faster than you might think Many economists and market observers have expressed surprise at the apparent absence of inflationary effects from President Trump’s economic policies. I find this a bit puzzling, as I believe…

New blog post:

US inflation acceleration – a lot faster than you might think

marketmonetarist.com/2025/09/13/u...

13.09.2025 11:10 — 👍 6    🔁 2    💬 0    📌 0
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The Fed Under Siege: The Erdoğan Playbook Comes to Washington The American economy stands at a critical juncture. President Trump’s assault on the Federal Reserve has reached an intensity that threatens the very foundations of independent economic insti…

New blog post:

The Fed Under Siege: The Erdoğan Playbook Comes to Washington

marketmonetarist.com/2025/08/29/t...

29.08.2025 14:40 — 👍 5    🔁 1    💬 0    📌 0

Godt afsnit, hvor Lars Christensen og Steffen Dam diskuterer "hvorfor ChatGPT 5.0 skuffer brugerne, hvordan datacentre og stigende energipriser truer økonomien bag boomet ..."

Forretningsmodellen er pt strukket godt ud. Næste trin af enshittification af AI-chatbots er begyndt.

27.08.2025 20:01 — 👍 0    🔁 1    💬 0    📌 0
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Nyt afsnit af Makropuls

Har AI ramt muren?

podcasts.apple.com/us/podcast/h...

open.spotify.com/episode/5Rpf...

27.08.2025 04:58 — 👍 7    🔁 0    💬 0    📌 1
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America’s Kamikaze Fund: Why Buying Overpriced Shares Could Trigger a Bond Meltdown Suppose I came to you and said: “I would like to borrow a very large sum of money in order to buy massively overpriced shares. By the way, I am already drowning in debt.” What interest rate would y…

New blog post:

America’s Kamikaze Fund: Why Buying Overpriced Shares Could Trigger a Bond Meltdown

marketmonetarist.com/2025/08/26/a...

26.08.2025 21:41 — 👍 3    🔁 1    💬 0    📌 0
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Red Hat Socialism: Buy High, Borrow Higher Donald Trump calls it a win for American industry. Trump’s economic advisor (or what ever it is he is doing) Kevin Hassett calls it the first step towards a sovereign wealth fund. I call it R…

New blog post:

Red Hat Socialism: Buy High, Borrow Higher

marketmonetarist.com/2025/08/25/r...

25.08.2025 17:23 — 👍 4    🔁 1    💬 0    📌 1
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The Computing Capacity Crisis: Soaring Infrastructure Costs Are Degrading AI Models, Accelerating Inflation, and Threatening the Tech Stock Boom If you’re a heavy user of language models, as I am, you’ll have undoubtedly noticed that the various AI models, such as ChatGPT and Claude, aren’t behaving quite as they used to. …

New blog post:

The Computing Capacity Crisis: Soaring Infrastructure Costs Are Degrading AI Models, Accelerating Inflation, and Threatening the Tech Stock Boom

marketmonetarist.com/2025/08/20/t...

20.08.2025 08:27 — 👍 4    🔁 1    💬 0    📌 0
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T.R.U.M.P. Macro Model | Claude T.R.U.M.P. Macro Model - React component created with Claude.

Har I prøvet T.R.U.M.P. Modellen?

claude.ai/public/artif...

14.08.2025 20:49 — 👍 2    🔁 1    💬 0    📌 0

Totally unqualified. Zero credibility.

14.08.2025 12:21 — 👍 10    🔁 2    💬 1    📌 0
Post image 02.08.2025 14:58 — 👍 19    🔁 2    💬 0    📌 0

@mamomvpy is following 19 prominent accounts