Author | Lightnews

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.

Posts Media Videos Starter Packs

Pinned

steve from virginia @econundertow.bsky.social · Jan 22

After 9/11, the world entered the Ironic Universe, where the most destructive of any set of possible outcomes is the most likely:

www.rollingstone.com/politics/pol...

Everyone Who Was Supposed to Protect You From This Failed Miserably

Donald Trump will now be the president again. A colossal failure by every Republican, Democratic, legal, corporate, and media institution got us here.

www.rollingstone.com

2 17 53

Reposted by steve from virginia

murderedbybluesky.bsky.social @murderedbybluesky.bsky.social · 18h

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

3 11 62

steve from virginia @econundertow.bsky.social · 17h

A sector here, a sector there, the stock market is having hiccups.

For the medically minded: what comes next? A stroke?

steve from virginia @econundertow.bsky.social · 17h

Yet another fucking bailout.

It never ends.

Reposted by steve from virginia

David Wessel @davidmwessel.bsky.social · 18h

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

5 3

steve from virginia @econundertow.bsky.social · 18h

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

NOELREPORTS @noelreports.com · 18h

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.”

17 110 520

steve from virginia @econundertow.bsky.social · 18h

Leaves out the part that says, 'US will pay for it'.

Reposted by steve from virginia

George Pearkes @peark.es · 20h

I think it's fair to describe this as wildly unsustainable.

Chart showing Chinese trade surpluses as a percentage of total global GDP

9 23 140

Reposted by steve from virginia

Carl Quintanilla @carlquintanilla.bsky.social · 22h

“.. 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...

230 1.3K 3.1K

steve from virginia @econundertow.bsky.social · 19h

'Everything bubble' enters new phase as gold / silver bolt upward like a meme coin:

www.reuters.com/world/china/...

steve from virginia @econundertow.bsky.social · 19h

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...

1 2 5

Reposted by steve from virginia

UK 🇬🇧 🤝 🇺🇦 □ @ukbastard.bsky.social · 20h

Russian generals have realized that the war has reached a dead end, according to media reports.

читайте подробнее на сайте "Диалог.UA": www.dialog.ua/war/322687_1...

Российские генералы осознали, что война зашла в тупик, – СМИ

Украинские атаки глубоко деморализовали российское командование: в Москве растет ощущение, что война зашла в тупик, а потери стали безрезультатными.

www.dialog.ua

1 2 3

steve from virginia @econundertow.bsky.social · 20h

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

NOELREPORTS @noelreports.com · 1d

Ukrainian aerial strikes hit the Smolensk thermal power plant (Smolensk TEC). Smoke is visible after explosions were heard.

4 57 460

Reposted by steve from virginia

WarTranslated (Dmitri) @wartranslated.bsky.social · 1d

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.

5 40 430

Reposted by steve from virginia

NOELREPORTS @noelreports.com · 1d

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.

8 58 580

steve from virginia @econundertow.bsky.social · 20h

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

1 1

steve from virginia @econundertow.bsky.social · 20h

From 'Oops, there goes my gasoline' dept:

Ukrainian drone strike on refinery in Makhachkala, Dagestan:

packaged-media.redd.it/h80xb4j3klwf...

1 1

steve from virginia @econundertow.bsky.social · 1d

Once Broe has Vance locked in ...

www.youtube.com/watch?v=kEUR...

steve from virginia @econundertow.bsky.social · 1d

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!

1 2

steve from virginia @econundertow.bsky.social · 1d

Putin has proven himself incompetent by historical measures but one thing he is good at is dog-walking Trump.

kyivindependent.com/ukraine-had-...

Ukraine had a plan on how to engage with Trump. Then, Putin called

Here is how the U.S.–Ukraine meeting derailed after Trump’s private conversation with Putin, raising concerns about where Washington now stands.

kyivindependent.com

steve from virginia @econundertow.bsky.social · 1d

Americans = take note!

Every time a Russian hydrocarbon facility burns its a personal rebuke to Donald Trump.

steve from virginia @econundertow.bsky.social · 1d

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

1 1

steve from virginia @econundertow.bsky.social · 1d

The fuel depot @ Hvardiis'ke, Crimea is also probably beyond repair. It has been hit repeatedly by Ukrainian drones:

1 1 1

steve from virginia @econundertow.bsky.social · 1d

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 ...

1 1