David Pickworth
@davidpickworth.bsky.social
340 followers 250 following 1.2K posts
Investment banker/unashamed financial migrant. Reformed 2-wheel hooligan. Slave to a French Bulldog. High functioning alcoholic.
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davidpickworth.bsky.social
A man who wants to live forever.

But most of all, he's a man who is most concerned about being taxed 🤯
davidpickworth.bsky.social
If you want to understand #PeterThiel just read #CarlSchmitt.
Thiel is an enigma, full of contradictions.
An openly gay man but a devout Catholic.
An outsider bent on breaking the system who has become a government insider.
A believer in the 'katechon', the protector of the political world order.
davidpickworth.bsky.social
As I've said elsewhere, Israel has no intention of ending its war with Palestinians. Gaza is already 75-80% destroyed and they'll finish the job once they have the bodies of the last hostages.
It was always the plan, with Trump's full support, to turn the Gaza Strip into a 'Monaco of the East'.
davidpickworth.bsky.social
Sorry, I have a Welsh grandparent... I should know better 😜
davidpickworth.bsky.social
A Frenchman once said to me, after I spoke to him in French, that it's most unusual for Brits to have any language skills at all...
This is how he described it to me:
Speaks multiple languages = Polyglot
Speaks two languages = Bilingual
Speak only one language = British 😜
davidpickworth.bsky.social
#TradeWars
The US tried to control China's access to semiconductors.
China retaliated by blocking rare earth exports and stopped buying soybeans.

#Bessent doesn't understand that trade is a 2-way street.
China won't be cowed into submission by bullying tactics.

US consumers are paying the price.
davidpickworth.bsky.social
Bessent just now starting to understand that 'trade wars' aren't a zero sum game... something any half-decent trade negotiator could have told him in Trump 1.0 but his arrogance/hubris prevented him from taking onboard.
davidpickworth.bsky.social
Tax cuts in the BBB benefit the top 10% of tax payers.
Tariffs will disproportionally affect the poorest.

This is a feature of their fiscal policy, not a bug.

You only need to listen to Peter Thiel to know that a welfare safety net is anathema to the billionaires who control the administration.
davidpickworth.bsky.social
It is a significant example of how Nazi ideology reinterpreted justice and law to serve the political will of the leadership.

Nothing new here…
davidpickworth.bsky.social
The ‘Führer’ protects the law.

The phrase was part of a Nazi-era justification for extrajudicial killings, arguing that the state's leader had the authority to bypass legal procedures to "protect the law".
davidpickworth.bsky.social
Der Führer schützt das Recht.

Karl Schmitt, August 1934
davidpickworth.bsky.social
#KTM are producing “half-finished corpses” according to a factory insider.
1. Production will inevitably shift to India according to Bajaj CEO.
2. They have no interest in racing… they’re soulless widget manufacturers.

www.heute.at/s/es-werden-...
"Es werden faktisch Leichen produziert"– Insider zu KTM | Heute.at
KTM Insolvenz: Nach der Rettung durch Bajaj Auto stehen Produktion und Qualität weiter in der Kritik. Insider berichten von massiven Problemen.
www.heute.at
davidpickworth.bsky.social
#DXY climbing as markets price out interest rate cuts as economy goes from bad to worse… but you don’t know that because no data being gathered or released due to #GovernmentShutdown

It’s a feature, not a bug.
davidpickworth.bsky.social
Clickbait headlines.
It’s not just a problem in news/current affairs… it’s ubiquitous in ‘new media’. Even people I follow and agree with do it. Frustrating and ultimately counter-productive.
davidpickworth.bsky.social
Trump won't be on the ballot in 2028...

... because there won't be a ballot.
davidpickworth.bsky.social
Lots of over leveraged retail investors got wiped out.
It's now a buying opportunity for the institutions... so it's a wealth transfer from poor to rich.
davidpickworth.bsky.social
As soon as Israel has the hostages back the war will restart but this time with nothing to hold them back. The Jewish/American property developers are there to claim their spoils for supporting Netanyahu…
davidpickworth.bsky.social
All the money squandered on AI seems almost well spent when I see something like this…
davidpickworth.bsky.social
There was a time, back in the day, when I was blacklisted by a number of hire car companies. Chris Walker was the culprit but as his manager it was considered part of my duties 😜
My car was also 'banned' from all MSV circuits (Brands Hatch, Donington Park, Oulton Park, Snetterton and Cadwell Park).
davidpickworth.bsky.social
Do you know what's stupid? A geriatric wearing clothes he borrowed from a 16-year old...
davidpickworth.bsky.social
This is the real Trump Derangement Syndrome #TDS... apparently educated people who are so in his thrall that they can't actually see his narcissism, his habitual lying, his lack of empathy, his bitterness at how badly life has treated him, his vindictiveness, his shallowness and his lack of respect.
davidpickworth.bsky.social
“People will say — ‘well, he’s a liar’,” he continues. “And I say, ‘No, you don’t understand. He’s incapable of a lie.’ He’s, like, the most honest person between thought and voice that ever lived. He just doesn’t have any devious side to him at all. He can’t do it.”
Robert Lighthizer, FT interview.
davidpickworth.bsky.social
I heard today that of the 9 Gazpromneft refineries in Russia, only 2 are operating at full capacity.

#SlavaUkrainii