Paul J Davies
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pauljdavies.bsky.social
Paul J Davies
@pauljdavies.bsky.social
5.1K followers 1.3K following 6.5K posts

Has views on banking and finance for Bloomberg Opinion.
Just because you “like” something doesn’t mean you *like* something…
Money. Music. Books and Bad like really atrocious Jokes. Also #COYS

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Business 46%
Economics 14%
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pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · Apr 9
🧵 A massive sell-off in Treasury markets is threatening to turn Trump’s tariff war into full blown financial crisis. Hedge funds unwinding highly leveraged basis trades is fuel to these fire sales – that’s bad on its own, but these trades are much more important than just bets on markets.
Shadow Banks Are Too Big to Stay in the Shadows
Mega hedge funds are so critical to modern finance they should be regulated more like banks.
www.bloomberg.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 3h
These are both stories with no problem anyway. There is going to be an option for deferral on paying the charge for olds with no cash and the boy can put cash into a gilt fund or money market fund for the same outcome as cash! These aren’t even stories!!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 17h
Also, there is an option to defer the payments until you sell, which is obviously perfect for a (I assume) low income 88 year old! She has no problem!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 17h
I think a lot of people love these stories because they are a perfect substitute for their own complaints of unfairness. Everyone loves an edge case to carry their ordinary argument for them.

Reposted by Paul Davies

opinion.bloomberg.com
Bloomberg Opinion @opinion.bloomberg.com · 20h
ChatGPT is celebrating its three-year anniversary with seven more lawsuits against OpenAI.

@parmy.bsky.social explains why teens are particularly vulnerable 🎥

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
When he loses his wife in the sewers… and the very final scene which is a classic “the monster isn’t dead after all!”

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
Beta is fckn unstoppable tho apparently

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
It's social horror! And Friendship is full of horror visual language too. It's very clever as well as being like the full physical experience of biting into a lemon.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
Michael Burry has announced his substack will also be a chatroom for subscribers and now I have to turn off the app notifications... He said paying subscriberrs only, but now there is about 1.001 "Yo"s and "My man"s and "Short what?"s and one "What's a hot career in banking for a graduate?" Sad.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
"Friendship" is my favourite movie I watched this year I think. My stomach knots just thinking about it!
theatlantic.com The Atlantic @theatlantic.com · 20h
HBO’s “The Chair Company” distills what makes the comedian Tim Robinson a compelling performer, Shirley Li argues:
The Strange Appeal of a Wannabe Alpha Male
The comedian Tim Robinson has figured out how to make abrasive men sympathetic.
bit.ly

Reposted by Paul Davies

theatlantic.com
The Atlantic @theatlantic.com · 20h
HBO’s “The Chair Company” distills what makes the comedian Tim Robinson a compelling performer, Shirley Li argues:
The Strange Appeal of a Wannabe Alpha Male
The comedian Tim Robinson has figured out how to make abrasive men sympathetic.
bit.ly

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
TED 3: Going Thunder
edition.cnn.com/2025/11/19/t...
Sales of AI-enabled teddy bear suspended after it gave advice on BDSM sex and where to find knives | CNN Business
Sales of an artificial intelligence-enabled plush toy have been suspended after it was found that it engaged in conversation around sexually explicit topics and offered potentially dangerous advice.
edition.cnn.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
From this WSJ piece if you have a sub>>
Billionaires, tech titans and their opponents are amassing multimillion-dollar war chests for a chaotic, bruising battle over AI regulation ahead of the 2026 midterm elections www.wsj.com/tech/ai/tech...
Tech Titans Amass Multimillion-Dollar War Chests to Fight AI Regulation
Some are battling state AI laws and threatening to punish candidates who oppose rapid deployment of the technology.
www.wsj.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
CHOOOON!!!!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
Leading the Future is a $100m plus SuperPAC backed by Andreesen Horowitz, Greg Brockman (OpenAI) and others>>
Leading the Future's first public target is a New York Democrat running for Congress who wrote the state's controversial AI safety bill. Alex Bores, a member of the New York State Assembly and software engineer who once worked at Palantir Technologies, said Leading the Future's decision to target him underscores his record. "They're terrified of someone who actually knows their business," Bores said. "That's them telling on themselves."

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 20h
Life is so simple it's incredible everyone is not a super rich leisurely landlord

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 22h
There is a zero on there as well as the 085. It too has strips. I looked earlier.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 22h
Not when you own the platform!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 23h
People create the terrors of their broken homelands which is exactly why the US became the protestant persecuting monarchy it is today!
publius24.bsky.social John Q. Public @publius24.bsky.social · 1d
Stephen Miller is now arguing that assimilation is fundamentally impossible and that certain cultures are not compatible with Western civilization

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 23h
Someone's been left unsupervised...
keubiko.bsky.social Keubiko 🇨🇦🇺🇸🏳️‍🌈🏳️‍⚧️🇺🇦💪 @keubiko.bsky.social · 23h
We’ve got Donnie from Queens on the line. Donnie, how would you fix Murica?

Reposted by Paul Davies

keubiko.bsky.social
Keubiko 🇨🇦🇺🇸🏳️‍🌈🏳️‍⚧️🇺🇦💪 @keubiko.bsky.social · 23h
We’ve got Donnie from Queens on the line. Donnie, how would you fix Murica?

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 23h
I am very aware of that without doubt!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Surely, it's also the idea that people will eventually just *see* this behaviour for what it is. A whole lot of disseminating news is "just turning up" no matter the conditions.

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Ahem....

We Brexiteers must acknowledge the costs of leaving Europe

www.thetimes.com/business/eco...
We Brexiteers must acknowledge the costs of leaving Europe
Breaking free from the EU has undoubtedly deepened the UK’s malaise, and it’s no use denying it
www.thetimes.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Aside from anything else, I for one had never twigged that "unchristian" meant "different from how people lived in AD30-ish"!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
I slightly disagree with this, housing isn't *everything*. Work used to be a matter of survival, then it was a promise of comfort and autonomy, now it's a promise off continuing consumption, which to many is just "mid".

The housing crisis is pushing Gen Z into economic nihilism
The housing crisis is pushing Gen Z into crypto and economic nihilism
Locked out of home ownership, young adults are turning to risky financial behaviour
www.ft.com

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
It's like a premium bond, but the gamble is will you live long enough to collect?

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
Who on *earth* bought the zero-coupon 100-year bond?! Was this where Miran got his idea for funding the Mar-a-Lago accord?

(BTW I love that code is immediately reminiscent of RAGeBait)

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
And it definitely sets a bad precedent for the future of international relations, I get that, too. But I also just feel European leaders are living in the past and not seeing Putin, Xi and Trump right in front of them!

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
The real thorny element up for debate here and in the US is about portfolio margining: How it works, how assumptions about asset correlations and diversification are used etc. It's very similar to debates about bank stability! And *capital* is the answer!
Market participants, including the hedge funds groups, argue looking at haircut data alone is insufficient and regulators should take a more “holistic” approach. They say zero haircuts reflects what’s known in the industry as portfolio margining, where a bank makes decisions on colateral levels based on a counterparty’s entire trading exposure rather than just its repo transactions. In his speech, Foulger invited firms to provide “evidence” of such portfolio margining so officials can assess “how prudent this approach is at both portfolio level and collectively for the market in normal times and stress.”

pauljdavies.bsky.social
Paul J Davies @pauljdavies.bsky.social · 1d
That part is balls. Straight nonsense.