If you missed last week's X spaces with the BRILLIANT: Harald Malmgren Harald Malmgren Richard Field Richard Field We talked geopolitics, bank insolvencies (BofA?), regional banks, Fed policy and so much more It is now available wherever you get your podcasts, including Apple and

Perhaps dough for the author. No dough for me. As for term "looney", in ordinary English usage it would apply to wild assertions with no evidence of personal education or knowledge. In this case, seems more applicable to the accuser. Qualifies for blocking or mute status...

Guessing. Less than 10

Why the Kursk Offensive Matters So Much nationalinterest.org/blog/buzz/why-…

Thanks

China tilting the field against EU manufacturers is not restricted to PVs or EVs. Hoekstra is worried that when it comes to electrolysers ( used to produce hydrogen) China is 'oversupplying them at ever-lower cost'. Even though the EU (DE!) is very innovative in this area. 3/

Hoekstra promises action, by ensuring that European auction projects for hydrogen "will have explicit criteria to build European electrolyser supply chains." A sensible way to counter China's own local content requirements. The speech also provides broader clues... 5/

....into how he'd act on the trade brief. The Dutch are a balanced pick imo: they are free traders, but due to their semiconductor sector, they woke up on economic security before the Germans. One of the points in Finbarr Bermingham great repoting here. 6/6 scmp.com/news/china/dip…

Roberto Papa Velina Tchakarova Harald Malmgren Live Monitor Infrastructure, maintenance, centralization of grid, cyberattacks, civil wars, cost, reliability of energy source, complex strategic thinking etc… Also Velina can’t interact with this account, try to @ Live Monitor or Harald Malmgren for serious discussions.

Roberto Papa Velina Tchakarova Harald Malmgren Live Monitor Twitter is for governments, sects psyops first and it’s on edge, keep it in mind.

I know Michel Barnier, Macron's choice to be new French Prime Minister. He is intensely self confident in decision making, inflexible, viewing compromise as weakness, guaranteeing clashes with every left or right politician, wearing out all opposition, leaving Macron as fixer?

Michael Pettis Bloomberg Markets He is very competent and spot on. Too bad they fired everyone who has a clue about how to manage the economy in favor of the political class. x.com/BobEUnlimited/…

The first Starships to Mars will launch in 2 years when the next Earth-Mars transfer window opens. These will be uncrewed to test the reliability of landing intact on Mars. If those landings go well, then the first crewed flights to Mars will be in 4 years. Flight rate will

This is insane: Full-time employment DROPPED by 1 million workers in August on a year-over year basis, marking the 7th consecutive monthly decline. Since the June 2023 peak, full-time job count in the US has fallen by a whopping 1.5 million. Meanwhile, part-time employment

Hidden in Plain Sight: The Pentagon's Removal of Congressional Oversight from the UAP Disclosure Act of 2023 In a striking move, the Pentagon, specifically the Office of the Under Secretary of Defense for Intelligence and Security (OUSD(I & S)), completely removed key provisions

Are we going to print these Euros? Asking for a friend.

1/4 "“These are difficult times for globalization,” said Ralph Ossa, the WTO’s chief economist. “What is really important to do is change the narrative.”" This is the kind of argument that makes it difficult to take the WTO position on trade very seriously.

3/4 globally "competitive" mainly by lowering the wage share of production and forcing the cost of the resulting decline in domestic demand onto trade partners. This kind of mercantilist behavior, as Keynes explained long ago, puts downward pressure on global growth.

4/4 The WTO doesn't understand our global trading system is inconsistent with free trade according to comparative advantage, and is ultimately not sustainable. Calling for a return to the old "globalization" narrative does not resolve anything.