Paul McNamara
@mpaulmcnamara.bsky.social
6.5K followers 1.2K following 5.6K posts
Sovereign Debt “veteran” (retd.) apparently
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Big flow of new followers. Lmk if we were mutuals in the other place, decent starter pack from @tobyn.bsky.social here bsky.app/starter-pack...
Reposted by Paul McNamara
All very amusing, but especially this:

"The most popular was an “Australian-style points-based immigration system,” with a net 46 percent support. The least popular was “Britain’s current immigration policy,” with -39 percent support."

www.politico.eu/article/labo...
Brits are pining for the pre-Brexit migration system
The idea was that leaving the bloc would give the U.K. back “control” of its borders and create a fairer system. But the widespread perception is it didn’t turn out that way.
www.politico.eu
„Bins” is my responsibility because it’s quite difficult to fuck up.
I mean, easy there, Gordon Gecko, you’re living in a shared flat.
Reposted by Paul McNamara
Hard to cover everything in one article, but you'd think a piece premised on how the bailout will succeed only with a Milei victory in the midterms would at least note the, uh, recent internal developments that make that surpassingly unlikely (Espert, polling, veto overrides, general immiseration).
For Bessent’s $20 billion bet on Argentina to pay off, a lot of things have to go right.

The problem is that in Argentina -- a nation with a track record of squandering other people’s money and defaulting on its own debts -- those things have tended to go wrong.

www.bloomberg.com/news/article...
Bessent’s Big Gamble on Argentina Has a Narrow Road to Pay Off
For Scott Bessent’s $20 billion bet on Argentina to pay off, a lot of things have to go right – things that in the past, in Argentina, have tended to go wrong.
www.bloomberg.com
Reposted by Paul McNamara
Israel sent back Greta Thunberg’s luggage scrawled with “Whore Greta”, an Israeli flag, and a penis.
Red suitcase scrawled with graffiti
Yeah that’s going to leave a mark
Really has to be nominal not real to be „brutal”, no?
Man is on fire today bsky.app/profile/fint...
BESSENT ON SURGE IN GOLD PRICE: MORE BUYERS THAN SELLERS
Chuck Prince, hold Scott’s beer
US Treasury Secretary Bessent: We are just seeing the beginning of an AI boom.
Wayne Bridge for Chelsea. Ans if you extend it to Germany, Kuntz clearly referred to the fans at the Lane.
Ah yes, Argentines famously not liable to national pride or an inflated sense of their country’s importance.
Trump on Milei: "If he loses, we will not be generous with Argentina."
Reposted by Paul McNamara
Reposted by Paul McNamara
GOLD AND SILVER ARE THE NEW MEME STOCKS

Most commonly mentioned, and most positively mentioned, tickers on r/WallStreetBets over the past 12 hours are $GLD and $SLV, per SwaggyStocks
Reposted by Paul McNamara
The Telegraph is now having to publish so many corrections to articles where it attempts to find *any angle whatsoever* to attack net-zero polices that it makes sense to start tracking them here.

These are the ones published since Labour won the election.

"We are happy to correct the record."
I spent a decent chunk of my working life dunking on goldbugs, but ngl, not sure why you wouldn’t have 5-10% in disaster insurance these days
Gold went up on Friday because of market anxiety over tariffs. That anxiety went away over the weekend, but gold is up anyway today. There's something increasingly otherworldly about the rise in gold prices, which are now up 23% since Powell's Jackson Hole speech on Aug. 22...
Reposted by Paul McNamara
If anyone needs me I will be in the museum, lying down next to the bog bodies.
Did people really memorize phone numbers before cell phones, or is that just a movie thing?
2? Questions
I was watching some old shows from the 90s and noticed people would just dial numbers from memory - like they'd call their friends or family without looking anything up.
Made me wonder if that was actually normal back then? Did people genuinely have all their important numbers memorized, or did most folks keep a little address book or written list nearby?
Reposted by Paul McNamara
Barbara Plett Usher describes the condition of the Palestinians released from Israeli prisons - thin, emaciated, pale, unable to walk by themselves.

Israel routinely tortures and sexually abuses Palestinians they hold. They also withhold medical treatment.
Reposted by Paul McNamara
Grid scale batteries are changing our electricity system. Excellent new visual story on batteries in FT today shows just how far this technology has evolved.

Fasten your seatbelts, this is just the beginning.

ig.ft.com/mega-batteri...
Well QED. Nobody has to call say the Champions League the Nobel Champions League to get people to care about it.