steve from virginia
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econundertow.bsky.social
steve from virginia
@econundertow.bsky.social
5K followers 9.6K following 3.9K posts
I Examine economics, finance and their consequences. I support Ukraine; its struggle is the moral challenge of our time.
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Reposted by steve from virginia
Awesome. The rule of law and consequence should not be at the leisure of a single, self-proclaimed King.

I want to see State charges against the conspirators that ordered the menacing & attacking of citizens in such places as LA or Chicago brought up on State charges.

Prosecute them all.
New York Prosecutors Hint at Overriding Trump’s Santos Pardon With State Charges
Just hours after President Donald Trump commuted the federal sentence of ex-Congressman George Santos, New York prosecutors may be preparing to pick up where the feds left off.
dailyboulder.com
A sector here, a sector there, the stock market is having hiccups.

For the medically minded: what comes next? A stroke?
Yet another fucking bailout.

It never ends.
Reposted by steve from virginia
Attn newly unemployed economists, analysts, statisticians, and other professionals from related field who are navigating career transitions. The NABE Foundation is offering assistance: www.surveymonkey.com/r/DX858LX #econsky
He was YOUR GUY, Tomi.

We told you over and over he was a moron, that he ruins everything he touches, that his stupidity is only matched by his meanness - but he was YOUR JESUS, his cult was YOUR CULT.

Now, you are stuck with him and his Argentine sidekick.

Boo hoo!
Reposted by steve from virginia
Putin might open new fronts because Ukraine has become too difficult to conquer. “If we don’t stop the dictator, there will be no peace.” He adds Russia has lost 1.3 million troops and that Ukraine is ready to negotiate, but won’t give up territory: “Those are our homes, our people, our history.”
Leaves out the part that says, 'US will pay for it'.
Reposted by steve from virginia
I think it's fair to describe this as wildly unsustainable.
Reposted by steve from virginia
“.. the architects of First Lady meme coin $MELANIA were accused of fraud, allegedly organizing the launch knowing the coin would plummet, court filings released Tuesday show, according to AFP.”

@barrons.com
www.barrons.com/articles/bit...
'Everything bubble' enters new phase as gold / silver bolt upward like a meme coin:

www.reuters.com/world/china/...
Unconfirmed: there is an agreement for Sweden to sell 100 Grippen combat jets to Ukraine over next 10 years. To start with older versions but after an interval, the latest upgraded version.

www.dialog.ua/world/322692...
OH NO!!!

Here's another dude telling us we have to GET RID OF OUR CARS!

NOOOOO!

WE LOVE OUR CARS. THEY ARE US!
Reposted by steve from virginia
Ukrainian aerial strikes hit the Smolensk thermal power plant (Smolensk TEC). Smoke is visible after explosions were heard.
Reposted by steve from virginia
And here are the consequences of the Ukrainian attack on Russia. In the Bryansk region, UAVs attacked an electrical substation, and it’s burning quite well.
Reposted by steve from virginia
Aftermath footage from the 17 October strikes on the ATAN oil depot near Hvardiiske in occupied Crimea shows at least 5 fuel tanks destroyed by Ukrainian drones.
This refinery sits on the shores of the Caspian Sea, is part of an enormous sprawl of petroleum storage and distribution infrastructure:

43.02525216215623, 47.45510384222379
From 'Oops, there goes my gasoline' dept:

Ukrainian drone strike on refinery in Makhachkala, Dagestan:

packaged-media.redd.it/h80xb4j3klwf...
Jake Broe needles Russian super-patriot Pete Hegseth for his Russian flag tie - @ Trump's meeting with Zelensky.

JD Vance rushes to Hegseth's defense and by doing so proves how stupid he is.

Hilarity ensues!
Americans = take note!

Every time a Russian hydrocarbon facility burns its a personal rebuke to Donald Trump.
A friendly reminder to Ukrainian command: there is a perfectly good Russian electric rail substation a few hundred meters north of the oil depot, begging to be knocked out of action:

45.12404803056355, 34.02913688959316
The fuel depot @ Hvardiis'ke, Crimea is also probably beyond repair. It has been hit repeatedly by Ukrainian drones:
Even if a refinery can be repaired enough to put it back into some sort of service, its output will be diminished, some of its products will be discontinued.

This in turn reduces refiner revenues at the same time repairs incur increased costs ...