@johnfernald.bsky.social
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All the books I ordered last week just arrived! Can't wait to pour myself a drink, relax, be too tired to read and play around on my phone all night
May 16, 2025 at 2:34 PM
All the books I ordered last week just arrived! Can't wait to pour myself a drink, relax, be too tired to read and play around on my phone all night
Gulp. I fear this describes me.
May 15, 2025 at 9:30 AM
Gulp. I fear this describes me.
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The Dallas Fed survey basically just rains fire at this point. 🔥
April 28, 2025 at 2:35 PM
The Dallas Fed survey basically just rains fire at this point. 🔥
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"Vote for the guy who would help me take over your country" is an incredible closing message
April 28, 2025 at 12:57 PM
"Vote for the guy who would help me take over your country" is an incredible closing message
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Remarkable how Trump dealt himself the worst possible hand to negotiate w/ China.
1st card: Enacted tariffs that threaten to tank the economy
2nd: Backs China into a corner.
3rd: Makes fed incapable of responding
4th: Tanks markets, bonds and the dollar
5th: no end game, no plan
1st card: Enacted tariffs that threaten to tank the economy
2nd: Backs China into a corner.
3rd: Makes fed incapable of responding
4th: Tanks markets, bonds and the dollar
5th: no end game, no plan
April 23, 2025 at 11:17 PM
Remarkable how Trump dealt himself the worst possible hand to negotiate w/ China.
1st card: Enacted tariffs that threaten to tank the economy
2nd: Backs China into a corner.
3rd: Makes fed incapable of responding
4th: Tanks markets, bonds and the dollar
5th: no end game, no plan
1st card: Enacted tariffs that threaten to tank the economy
2nd: Backs China into a corner.
3rd: Makes fed incapable of responding
4th: Tanks markets, bonds and the dollar
5th: no end game, no plan
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Very proud that my wife, Martina, has been appointed to be Director of the ESRI. My father, Chris, worked at the ESRI for almost all his career. He passed away in 2022 but I know he would have been incredibly proud as would my mother, Yvonne, who we lost in January.
www.rte.ie/news/busines...
www.rte.ie/news/busines...
Professor Martina Lawless named as new ESRI Director
The Council of the Economic and Social Research Institute has appointed Professor Martina Lawless as its next director.
www.rte.ie
April 22, 2025 at 2:55 PM
Very proud that my wife, Martina, has been appointed to be Director of the ESRI. My father, Chris, worked at the ESRI for almost all his career. He passed away in 2022 but I know he would have been incredibly proud as would my mother, Yvonne, who we lost in January.
www.rte.ie/news/busines...
www.rte.ie/news/busines...
Agreed. Ted Truman, the author, was my old boss. He ran the International Finance Division at the Federal Reserve Board for a couple of decades.
This could be a Brexit moment for the US. While tariffs can be changed every 24 hours, withdrawal from the IMF could not be easily reversed. The damage to US credibility and status in the international monetary order would be large. And the rest of the world would need to reinvent the IMF.
Imagine what would happen if America left the IMF
Withdrawal would undermine US international prestige and the privileged role of its financial institutions
www.ft.com
April 21, 2025 at 8:10 AM
Agreed. Ted Truman, the author, was my old boss. He ran the International Finance Division at the Federal Reserve Board for a couple of decades.
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Biblical scholars now believe that if Jesus had covered up his gang tattoos, he might’ve avoided crucifixion.
April 19, 2025 at 3:22 AM
Biblical scholars now believe that if Jesus had covered up his gang tattoos, he might’ve avoided crucifixion.
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Counterpoint: how many original games are out there? Scrabble. soccer, go. Maybe chess. Maybe the game of chicken
Possibly the dumbest of the many dumb plagiarism claims
nationalpost.com/news/mark-ca...
nationalpost.com/news/mark-ca...
March 29, 2025 at 4:42 PM
Counterpoint: how many original games are out there? Scrabble. soccer, go. Maybe chess. Maybe the game of chicken
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god, who'd be a central banker, honestly?
"66% of Democratic-leaning participants believed the Fed favoured Republicans.
"60% of Republican-leaning participants thought the Fed favoured Democrats."
"66% of Democratic-leaning participants believed the Fed favoured Republicans.
"60% of Republican-leaning participants thought the Fed favoured Democrats."
March 19, 2025 at 10:05 AM
god, who'd be a central banker, honestly?
"66% of Democratic-leaning participants believed the Fed favoured Republicans.
"60% of Republican-leaning participants thought the Fed favoured Democrats."
"66% of Democratic-leaning participants believed the Fed favoured Republicans.
"60% of Republican-leaning participants thought the Fed favoured Democrats."
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The first official sign that Trump is already slowing the global economy:
OECD has just downgraded both the US and global growth forecasts - and raised its inflation forecasts - for 2025 and 2026. Org primarily blames rising uncertainty and trade wars.
www.oecd.org/en/publicati...
OECD has just downgraded both the US and global growth forecasts - and raised its inflation forecasts - for 2025 and 2026. Org primarily blames rising uncertainty and trade wars.
www.oecd.org/en/publicati...
March 17, 2025 at 1:31 PM
The first official sign that Trump is already slowing the global economy:
OECD has just downgraded both the US and global growth forecasts - and raised its inflation forecasts - for 2025 and 2026. Org primarily blames rising uncertainty and trade wars.
www.oecd.org/en/publicati...
OECD has just downgraded both the US and global growth forecasts - and raised its inflation forecasts - for 2025 and 2026. Org primarily blames rising uncertainty and trade wars.
www.oecd.org/en/publicati...
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DOGE/SSA marked this person dead and *removed his savings from his bank account,* cancelled his social security and Medicare. #seattle https://www.seattletimes.com/seattle-news/politics/heres-a-dead-person-on-social-security-in-seattle-with-plenty-to-say/
March 15, 2025 at 2:27 PM
DOGE/SSA marked this person dead and *removed his savings from his bank account,* cancelled his social security and Medicare. #seattle https://www.seattletimes.com/seattle-news/politics/heres-a-dead-person-on-social-security-in-seattle-with-plenty-to-say/
He’s also a former hockey player. He was a goalie, so used to deflecting slapshots
We have a new Prime Minister. Amazingly, in this anti-technocratic age, a central banker with a PhD in Economics. www.theglobeandmail.com/politics/art...
Live updates: Mark Carney is sworn in as Canada’s 24th prime minister
At the invitation of Governor-General Mary Simon, Mark Carney and his new cabinet take their oaths at Rideau Hall
www.theglobeandmail.com
March 14, 2025 at 7:36 PM
He’s also a former hockey player. He was a goalie, so used to deflecting slapshots
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Vom CEPR - EABCN Euro Area Business Cycle Dating Committee:
“When examining business cycle trends across European countries, Germany, the region's largest economy, continues to underperform, while Spain stands out as the main driver of steady growth within the euro area.”
“When examining business cycle trends across European countries, Germany, the region's largest economy, continues to underperform, while Spain stands out as the main driver of steady growth within the euro area.”
March 14, 2025 at 9:29 AM
Vom CEPR - EABCN Euro Area Business Cycle Dating Committee:
“When examining business cycle trends across European countries, Germany, the region's largest economy, continues to underperform, while Spain stands out as the main driver of steady growth within the euro area.”
“When examining business cycle trends across European countries, Germany, the region's largest economy, continues to underperform, while Spain stands out as the main driver of steady growth within the euro area.”
Also email…
March 14, 2025 at 7:31 AM
Also email…
It’s scary that the payment system itself is under attack
Money is a symptom of the woke mind virus.
March 13, 2025 at 3:55 PM
It’s scary that the payment system itself is under attack
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Money is a symptom of the woke mind virus.
March 13, 2025 at 3:50 PM
Money is a symptom of the woke mind virus.
The Federal Government wastes $2 trillion a year on paper straws. Though seriously, it’s hard to read the memorandum without laughing. Or crying.
Nothing summarizes the cuts that deficit hawks are getting better than this . . .
Plastic straw memo from US Justice Dept
March 12, 2025 at 9:29 PM
The Federal Government wastes $2 trillion a year on paper straws. Though seriously, it’s hard to read the memorandum without laughing. Or crying.
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Un petit Américain de 4 ans a appelé la police la semaine dernière pour dénoncer sa mère, qui venait de commettre l’impardonnable selon lui.
➡️ https://l.leparisien.fr/T6oG
➡️ https://l.leparisien.fr/T6oG
March 12, 2025 at 7:19 PM
Un petit Américain de 4 ans a appelé la police la semaine dernière pour dénoncer sa mère, qui venait de commettre l’impardonnable selon lui.
➡️ https://l.leparisien.fr/T6oG
➡️ https://l.leparisien.fr/T6oG
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The institutions of the American economy depend on the institutions of American democracy; rule of law, consistent regulation, stability, and all the rest.
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk
The whole thing is important, but listen until the end: the US depends a lot on the flow of capital into the country because it is perceived as the safest port in a storm. Once that is no longer true, a lot of things Americans take for granted go away.
A top economics reporter goes off script on national TV: “I am going to say this at risk of my job, but what President Trump is doing is insane.”
March 12, 2025 at 3:45 AM
The institutions of the American economy depend on the institutions of American democracy; rule of law, consistent regulation, stability, and all the rest.
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk
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Rubio's gutting of USAID is illegal and unconstitutional. There is no form of democracy anywhere of any kind that would allow the executive branch to unilaterally cancel budgets and programs passed by the legislative branch and signed into law. It's utter lawlessness.
March 10, 2025 at 11:19 AM
Rubio's gutting of USAID is illegal and unconstitutional. There is no form of democracy anywhere of any kind that would allow the executive branch to unilaterally cancel budgets and programs passed by the legislative branch and signed into law. It's utter lawlessness.
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Been thinking about the idea that when a country with a $3 trillion GDP does a Brexit it’s their problem, when a country with a $30 trillion GDP does a Brexit it’s the rest of the world’s problem. @zatapatique.bsky.social
March 1, 2025 at 1:42 PM
Been thinking about the idea that when a country with a $3 trillion GDP does a Brexit it’s their problem, when a country with a $30 trillion GDP does a Brexit it’s the rest of the world’s problem. @zatapatique.bsky.social