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Karthik Sankaran

@rajakorman.bsky.social

6.5K followers 1.2K following 5K posts

Bay Area US. Aging macro expat. Cheap lunch guy. 1st to ever rhyme Duce and Juche. Neoliberal peacenik. Has Herder immunity. Virulent vector of dad jokes. 1/3 each phlegm, spleen & dad humors.

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Karthik Sankaran @rajakorman.bsky.social · Sep 12

Here's a link to a conversation earlier this week on links between geopolitics and FX & FI markets; the role of CBs; different patterns of real and financial spillover & impacts on Global South; & few other things I have been known to go on about. www.youtube.com/watch?v=zvw_...

EXANTE Webinar ‘Beach Reads & Bond Yields’

YouTube video by EXANTE

www.youtube.com

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Reposted by Karthik Sankaran

Tuffy @smtuffy.bsky.social · 13h

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Karthik Sankaran @rajakorman.bsky.social · 11h

Because…

Karthik Sankaran @rajakorman.bsky.social · Aug 4

Did you know that by the 2nd half of the 16th century, when a customer ordered Patatas Bravas at a Spanish diner, the waitress would yell to the kitchen “New World Order?”

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Karthik Sankaran @rajakorman.bsky.social · 20h

Trying to match last year’s rich meming opportunities.

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Reposted by Karthik Sankaran

Pseudoerasmus @pseudoerasmus.bsky.social · 20h

Aghion (et al) have a paper on China, they recognised long ago & before many that the Chinese model departs from the East Asia model in having a Darwinian struggle-to-the-death competition of firms behind a wall of protection. It pairs Schumpeterian growth theory w the economics of industrial policy

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Karthik Sankaran @rajakorman.bsky.social · 22h

Last year was a lot richer in possibilities. open.substack.com/pub/sankaran...

Meme Streets

As I’m sure everyone knows, the Economics Nobel was awarded this week to Daron Acemoglu, Simon Johnson, and James Robinson.

open.substack.com

Karthik Sankaran @rajakorman.bsky.social · 1d

Gordoliberalism!
(Origins of this joke go back to the 2008 G20 summit).

Nathan🌹 @nathanwylabour.bsky.social · 3d

A moving and intelligent call to action here from Gordon Brown. And yet another reminder of why he is my political hero.
www.theguardian.com/commentisfre...

Don’t fall for the authoritarian hype – Reform and the hard right can be stopped in their tracks | Gordon Brown

From the US to Europe and Asia, grievances are being exploited to gain power. But moderate voices are still in tune with the majority, says former prime minister Gordon Brown

www.theguardian.com

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Karthik Sankaran @rajakorman.bsky.social · 1d

There’s a dissertation in American history or cultural studies waiting to be written comparing Diane Keaton’s kitchen in Manhattan with her kitchen in Something’s Gotta Give.

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Reposted by Karthik Sankaran

buster skeetin @busterskeetin.bsky.social · 1d

The joke is made better by the fact that many people would pronounce it "val-ay" like the people who park cars, when valet, meaning servant, is pronounced "val-it"

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Karthik Sankaran @rajakorman.bsky.social · 2d

This piece actually begins with the exhortation. www.fpri.org/article/2023...

Government Push for Champions Could Have Firms Champing at the Bit - Foreign Policy Research Institute

The schema laid out above might help explain how the largest and most influential sections of corporate America see themselves and why they are reluctant to

www.fpri.org

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Karthik Sankaran @rajakorman.bsky.social · 2d

This is just a good broad rule of thumb to prevent an excess of “J’Accuse Vanguard” or something like that.

Karthik Sankaran @rajakorman.bsky.social · 2d

Fwiw, the right way to think about an entity’s exposure to Argentina is not so much in terms of dollars per se but more in terms of percent of assets under management.

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Karthik Sankaran @rajakorman.bsky.social · 2d

Capitalists of the world unite. You have everything to lose, especially your supply chains.

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Karthik Sankaran @rajakorman.bsky.social · 2d

I honestly have no idea.

Reposted by Karthik Sankaran

Karthik Sankaran @rajakorman.bsky.social · 3d

Your periodic reminder that the greatest innovation of Crypto is to stop people out of positions at horrific levels when not even Auckland is in the office.

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Karthik Sankaran @rajakorman.bsky.social · 2d

Thank you. I believe I have a reasonable claim to have invented the joke.

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Karthik Sankaran @rajakorman.bsky.social · 2d

Some of you may be too young to remember this precursor of The Uncanny Valet.

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Karthik Sankaran @rajakorman.bsky.social · 2d

The Uncanny Valet

Andrew Lawrence @ndrew.bsky.social · 2d

our economy is currently being propped up by the promise of billions of fully autonomous robot butlers coming in a year or so

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Reposted by Karthik Sankaran

Karthik Sankaran @rajakorman.bsky.social · 3d

Today, in saying 999 to 666.

Peter Thal Larsen @petertl.bsky.social · 3d

UPDATE my Reuters colleague Jeff Dastin has more:
www.reuters.com/world/us/pet...

Exclusive: Peter Thiel in talk on 'Antichrist' says he told Elon Musk not to give wealth to charity

Peter Thiel, the billionaire venture capitalist and early supporter of U.S. President Donald Trump, has urged long-time associate Elon Musk to quit the Giving Pledge under which signatories leave the majority of their wealth to charity.

www.reuters.com

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Karthik Sankaran @rajakorman.bsky.social · 2d

Alternately, while the US is intermittently complimentary about politics in South America, depending on who is in power, China is always complementary with economics in South America, regardless of who is in power.

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Karthik Sankaran @rajakorman.bsky.social · 2d

This was about Chancay port in Peru, but it’s also about “saving Argentina from China.”

responsiblestatecraft.org/china-trade/

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Karthik Sankaran @rajakorman.bsky.social · 3d

Your periodic reminder that the greatest innovation of Crypto is to stop people out of positions at horrific levels when not even Auckland is in the office.

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Karthik Sankaran @rajakorman.bsky.social · 3d

Today, in saying 999 to 666.

Peter Thal Larsen @petertl.bsky.social · 3d

UPDATE my Reuters colleague Jeff Dastin has more:
www.reuters.com/world/us/pet...

Exclusive: Peter Thiel in talk on 'Antichrist' says he told Elon Musk not to give wealth to charity

www.reuters.com

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Reposted by Karthik Sankaran

David Wessel @davidmwessel.bsky.social · 3d

The selective release of data during shutdown (CPI-yes, jobs report-no) is troubling.

Ben Casselman @bencasselman.bsky.social · 4d

SCOOP: The Bureau of Labor Statistics is preparing to release the September C.P.I. report despite the shutdown. (Exact date still unclear -- almost certainly not the original Oct. 15 date.) #EconSky #NumbersDay

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Karthik Sankaran @rajakorman.bsky.social · 3d

Is he Thierry Breton’s twin brother?

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Karthik Sankaran @rajakorman.bsky.social · 3d

Reupping something from last week about how the Argentine bailout (and Brazil tariffs) are mostly about the increasing mutual mirroring of left-right splits in North and South America.

www.barrons.com/articles/arg...

Argentina Gets a Bailout, Brazil Gets the Stick. What Unites Them.

The Trump administration’s judgements are rooted in political style, Karthik Sankaran writes in a guest commentary.

www.barrons.com

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