this should clear things up: youtu.be/_bCSrENlCOk?...
31.07.2025 17:56 β π 0 π 0 π¬ 0 π 0@realbrianjudge.bsky.social
https://cup.columbia.edu/book/democracy-in-default/9780231213998
this should clear things up: youtu.be/_bCSrENlCOk?...
31.07.2025 17:56 β π 0 π 0 π¬ 0 π 0Seems like an important thread to pull.
"And how about we get rid of most of the government enumerators, who gather data for the Census Bureau? (They βliterally call to Lincoln, Nebraska, and ask what the price of cargo pants is, as if they donβt have a computer.β www.newyorker.com/magazine/202...
"Eroding the reliability of economic statistics" is the political objective of the cuts.
30.07.2025 20:22 β π 1 π 0 π¬ 1 π 0Right, which is why the framing is so strange. By the same logic, there's no "political interference" at the State Department because no one is changing the methodology of human rights reports. Perhaps true in the most narrow sense, but missing the bigger picture.
30.07.2025 20:20 β π 1 π 0 π¬ 1 π 0Massive budget cuts don't count as "political interference"?
30.07.2025 20:10 β π 1 π 0 π¬ 1 π 0nah just the H100s and B200s www.datacenterdynamics.com/en/news/elon...
10.07.2025 15:02 β π 8 π 0 π¬ 0 π 0my bond math is terrible but doesn't that work out to something like a ~50% implied cumulative probability of default? (assuming ~3.9% RFR, 12.5% coupon, and 50% recovery)
10.07.2025 14:53 β π 3 π 0 π¬ 1 π 0stock ownership exists on a blockchain rather than a traditional stock certificate
02.07.2025 22:31 β π 3 π 0 π¬ 1 π 0Now unpaywalled: Fred Block on remaking finance.
Can the millions held in bank deposits, corporate equities, and bonds be used instead to provide for societyβs most pressing needs?
www.dissentmagazine.org/article/can-...
known issue: www.macobserver.com/mac/macbook-...
17.06.2025 20:34 β π 11 π 1 π¬ 1 π 0Assemblymembers watch the results of a vote during an Assembly floor session at the state Capitol in Sacramento on March 13, 2025. Photo by Fred Greaves for CalMatters Hed: California lawmakers approve $325 billion budget βpassed on hopeβ
The California Legislature passed a state budget today that relies more on borrowing than spending cuts to close a projected $12 billion deficit, aiming to push off difficult decisions about priorities even as that gap is only expected to grow in future years. cal.news/4la8P7A
πΈ Fred Greaves
If the problem is capitalism, then the solution is to assert democratic control over the economy. If the problem is liberalism, then the problem is the possibility of democratic control itself.
Very humbled to be reviewed by Fred Block alongside @itsmccarthy.bsky.social in @dissentmag.bsky.social!
10Y treasury futures price chart from 6pm to midnight 4/8
Absolutelyβmaybe something like the October '22 BoE intervention (providing long end liquidity while maintaining a moderately hawkish posture). Perhaps unrelated, here's the 10Y top ticking at the stroke of midnight.
09.04.2025 05:44 β π 1 π 0 π¬ 0 π 0