steve from virginia
banner
econundertow.bsky.social
steve from virginia
@econundertow.bsky.social
I Examine economics, finance and their consequences. I support Ukraine; its struggle is the moral challenge of our time.
Pinned
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
Reposted by steve from virginia
Satellite images and analysis by Radio Svoboda reveal that this fall Ukrainian Armed Forces struck over 50 strategic Russian energy and defense facilities, from refineries and oil depots to arms‑production plants. Analysts say this wave of hits hasn’t been seen at such scale before.
December 4, 2025 at 9:23 AM
Reposted by steve from virginia
The top-10 carmakers by market cap make up 75% of global passenger car sales.

Tesla makes up less than 2%.

The Tesla bubble will be widely documented in history books.
December 4, 2025 at 2:27 PM
Reposted by steve from virginia
🔥 Soldiers of the 7th Corps destroyed two enemy tanks on the outskirts of Myrnohrad.
December 4, 2025 at 1:06 PM
Reposted by steve from virginia
💥💀 Last month was a record for the number of Russians killed and targets hit by the drone army, — Ministry of Digital.

In November, 81,504 targets and 26,170 occupiers were hit. In addition, the interceptors shot down the largest number of Shahed and enemy Maviks.
December 4, 2025 at 11:35 AM
Reposted by steve from virginia
www.economist.com/leaders/2025...
If European governments think they are off the hook, they are wrong. First, another bad pseudo-peace plan could pop up.
Enough dithering. Europe must pay to save Ukraine
America will not. Europe’s security depends on agreeing how to
www.economist.com
December 4, 2025 at 2:38 PM
Reposted by steve from virginia
Seems like some of those drug boats must have gotten through
December 4, 2025 at 7:05 AM
"Golden Showers": Putin peeing all over Trump and his gang of imbeciles.
🇺🇸 Americans are “playing” Putin’s war — Politico

Putin made Trump’s representatives wait for several hours while he himself accused Europe of disrupting the peace process and hinted at a new escalation. Only then did he allow them into the Kremlin.
December 4, 2025 at 2:07 PM
Reposted by steve from virginia
Rand Paul’s media orbit keeps pushing Kremlin narratives. The 28-point plan is just the latest example.
From blocking aid to echoing the “peace plan,” a pattern emerges

euromaidanpress.com/2025/12/04/r...
Rand Paul's media orbit keeps pushing Kremlin narratives. The 28-point plan is just the latest example. - Euromaidan Press
Defense Priorities, Responsible Statecraft, The American Conservative: the outlets tied to Paul that echoed the plan before it dropped.
euromaidanpress.com
December 4, 2025 at 1:45 PM
Reposted by steve from virginia
Being a Ukrainian online is challenging. This is about the most horrific, soul-destroying experiences one can imagine.

​When a Ukrainian chooses to go online to say they are terrified, hurting, or grieving, they not only open up to strangers, but also to enemies. Social media offers no shield
December 3, 2025 at 11:56 PM
Reposted by steve from virginia
Oracle CDS, 16-year high:

@bloomberg.com $ORCL
www.bloomberg.com/news/article...
December 3, 2025 at 10:55 AM
Reposted by steve from virginia
❌ Russian authorities have abandoned the construction of a new railway from Siberia to China due to a lack of funds, - The Moscow Times

The cost of building NSR is estimated at 50 trillion rubles, while Railways' investment program had been significantly reduced to 1 trillion rubles in 2026.
December 3, 2025 at 11:10 AM
Reposted by steve from virginia
❗️At night, drones attacked the 🇷🇺Nikiforovskaya oil depot of AO «Tambovnefteprodukt» in the Tambov region.
December 3, 2025 at 6:53 AM
Reposted by steve from virginia
Following the publication of two critiques & in conversation with the journal Nature, the authors of the study “The economic commitment of climate change” at PIK have retracted the paper. They will resubmit a new version of the paper for peer review.
www.pik-potsdam.de/en/news/late...
Authors retract Nature study on economic damages from climate change, will resubmit for peer review
03.12.2025 - Following the publication of two critiques as “Matters Arising”, and in conversation with the journal Nature, the authors of the study “The economic commitment of climate change” at the P...
www.pik-potsdam.de
December 3, 2025 at 10:40 AM
Reposted by steve from virginia
Flying makes extreme storms worse.

Extreme storms make flying impossible.

Just stop flying.
December 3, 2025 at 1:58 PM
Reposted by steve from virginia
A Russian oil depot in the Tambov region was struck and shot ablaze last night.
December 3, 2025 at 7:25 AM
Reposted by steve from virginia
It's such a sad thing about human nature - say you absolutely loathed a book and everyone wants to know what it was.

Mention a book you loved, recommend it for readers, and the world is a chorus of crickets.

Y'all just want to hate on stuff
December 3, 2025 at 6:28 AM
Reposted by steve from virginia
Delighted so many people are enjoying my chat with @nojusticemtg.bsky.social

We talk economy, nationalisation and how to stop the right.

👇🏼

youtu.be/13t3hziAd5w?...
How Can The Left Be Louder Than The Right? | @NoJusticeMTG | Zack Polanski
YouTube video by Bold Politics with Zack Polanski
youtu.be
December 2, 2025 at 12:37 PM
Reposted by steve from virginia
Alphabet Makes History 🚨

$GOOGL just posted 4 consecutive months of 10%+ returns for the first time in its history 📈🥳🤑🫂
December 1, 2025 at 6:45 PM
Reposted by steve from virginia
❗️We have almost cleared Kupyansk of Russians, — Zelensky.

▪️Russia started this war and Russia is the only country that can stop this war.

▪️France may start recognizing Ukrainian driver's licenses: we talked about this.
December 1, 2025 at 3:48 PM
Reposted by steve from virginia
Somebody in Japan chose Monday morning violence and I am here for it.
Store of value is getting pounded
December 1, 2025 at 12:38 AM
This was just a rumor a few days ago but there seems to be something to it: intrigue to bust Jair Bolsonaro from house arrest in Brazil and help him escape to Mar-A-Lago, presumably to become Trump's new assistant pool boy:

www.youtube.com/watch?v=mBrV...
Trump appears to blurt out secret plan, not knowing it's already a bust
YouTube video by MS NOW
www.youtube.com
December 1, 2025 at 9:50 PM
Reposted by steve from virginia
Silver hits $58 for the first time in history 📈📈
December 1, 2025 at 7:31 AM
Reposted by steve from virginia
Trump is retaliating against Americans as if he really lost the election. Maybe he really did. 🔄
November 30, 2025 at 7:00 PM
Reposted by steve from virginia
Monthly registrations, a proxy for sales, slumped 58% in France to 1,593 vehicles sold, and by 49% to 534 cars in Denmark, where the Model Y was the 23rd most popular vehicle with 206 units sold, official data showed.
Tesla November car registrations drop 58% in France, 49% in Denmark, data shows
Tesla 's November registrations in France and Denmark halved from a year ago, as the EV maker struggled to reverse market share losses in Europe despite the launch of a new range of its best-selling M...
www.reuters.com
December 1, 2025 at 9:10 AM
Reposted by steve from virginia
🇩🇰 Danish Armed Forces have 122 photos of six Russian ships in the area of ​​the blown up Nord Stream gas pipeline four days before the explosion. One of the ships, the SS-750, had a mini-submarine on board, - FAS
November 30, 2025 at 10:04 PM