John Hogan Morris
@johnhoganmorris.bsky.social
Economic geographer 🗺 💰 Central banking, risk management & climate finance. Co-author (Mis)managing Macroprudential Expectations
Reposted by John Hogan Morris
Dusting off my course on financial fraud bc the AI collapse is shaping up to be a cataclysm on par with the OG stock market scam, the South Sea Bubble that burst in 1720.
Granted, wishful thinking is difficult to puncture: last time I taught the course, students were eager to show off their NFTs.
Granted, wishful thinking is difficult to puncture: last time I taught the course, students were eager to show off their NFTs.
This is as close as the lawyers at the Journal allow reporters to get to "fraudulent fraudsters sighted wearing fraud pants and doing a fraud." www.wsj.com/tech/meta-ai...
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center
Favorable treatment off the balance sheet hinges on some convenient assumptions.
www.wsj.com
November 24, 2025 at 3:43 PM
Dusting off my course on financial fraud bc the AI collapse is shaping up to be a cataclysm on par with the OG stock market scam, the South Sea Bubble that burst in 1720.
Granted, wishful thinking is difficult to puncture: last time I taught the course, students were eager to show off their NFTs.
Granted, wishful thinking is difficult to puncture: last time I taught the course, students were eager to show off their NFTs.
Reposted by John Hogan Morris
XVA Benchmarking study: several large dealers refraining from investment in new optimisation tools due to uncertainty over the final shape of US capital requirements
www.risk.net/benchmarking...
www.risk.net/benchmarking...
November 24, 2025 at 11:50 AM
XVA Benchmarking study: several large dealers refraining from investment in new optimisation tools due to uncertainty over the final shape of US capital requirements
www.risk.net/benchmarking...
www.risk.net/benchmarking...
Reposted by John Hogan Morris
Please sign and share: www.megaphone.org.uk/petitions/no...
November 24, 2025 at 12:38 PM
Please sign and share: www.megaphone.org.uk/petitions/no...
Reposted by John Hogan Morris
A lot of writing on renewable energy depicts the industry as "laborless," suggesting that workers in the industry aren't really central to the politics of the "energy transition."
My new article in @societyandspace.bsky.social shows how mistaken this view is.
journals.sagepub.com/doi/10.1177/...
My new article in @societyandspace.bsky.social shows how mistaken this view is.
journals.sagepub.com/doi/10.1177/...
November 24, 2025 at 6:49 AM
A lot of writing on renewable energy depicts the industry as "laborless," suggesting that workers in the industry aren't really central to the politics of the "energy transition."
My new article in @societyandspace.bsky.social shows how mistaken this view is.
journals.sagepub.com/doi/10.1177/...
My new article in @societyandspace.bsky.social shows how mistaken this view is.
journals.sagepub.com/doi/10.1177/...
Reposted by John Hogan Morris
A useful reminder that above all else financial capital hates inflation because it erodes the real value of wealth over time. Lots of useable quotes here. on.ft.com/488mVmh What big bond investors want from the UK Budget
What big bond investors want from the UK Budget
Gilt market players call on government to cut spending and steer clear of inflationary tax rises
on.ft.com
November 24, 2025 at 9:42 AM
A useful reminder that above all else financial capital hates inflation because it erodes the real value of wealth over time. Lots of useable quotes here. on.ft.com/488mVmh What big bond investors want from the UK Budget
Reposted by John Hogan Morris
Toward regenerative capitalism? The remaking of corporate sustainability in times of crises, by Philip Schleifer
Toward regenerative capitalism? The remaking of corporate sustainability in times of crises
Amid intensifying ecological and social crises, global business elites increasingly advocate a shift toward ‘regenerative capitalism’, proposing businesses as agents of transformative, net positive...
www.tandfonline.com
November 24, 2025 at 12:36 PM
Toward regenerative capitalism? The remaking of corporate sustainability in times of crises, by Philip Schleifer
Reposted by John Hogan Morris
"I really believe that you can’t understand the AI bubble without understanding how its linked to private credit, and we need to get to grips what’s going on in both if we want to predict how the whole thing might blow up."
graceblakeley.substack.com/p/what-i-rea...
graceblakeley.substack.com/p/what-i-rea...
What I read this week
The tech sell off, Saudi Arabia's oil lobbying machine, and why the left can't beat the far-right at its own game.
graceblakeley.substack.com
November 24, 2025 at 10:36 AM
"I really believe that you can’t understand the AI bubble without understanding how its linked to private credit, and we need to get to grips what’s going on in both if we want to predict how the whole thing might blow up."
graceblakeley.substack.com/p/what-i-rea...
graceblakeley.substack.com/p/what-i-rea...
Reposted by John Hogan Morris
Low income countries are enduring the worst sovereign debt crisis ever….debt service absorbs an average of 43% of budget revenues paid to foreign and domestic creditors. Germany got debt relief after World War 2 benefitting both Germany & EU.
Africa needs the same.
www.ft.com/content/1637...
Africa needs the same.
www.ft.com/content/1637...
Letter: Can Africa’s creditors learn from Germany’s debt deal?
From Ann Pettifor, Ex-Director, Jubilee 2000 campaign, 1997-2000, London NW1, UK
www.ft.com
November 23, 2025 at 8:20 PM
Low income countries are enduring the worst sovereign debt crisis ever….debt service absorbs an average of 43% of budget revenues paid to foreign and domestic creditors. Germany got debt relief after World War 2 benefitting both Germany & EU.
Africa needs the same.
www.ft.com/content/1637...
Africa needs the same.
www.ft.com/content/1637...
Reposted by John Hogan Morris
I once knew a Federal bank examiner, and one time someone asked him why we had to KEEP inspecting banks over and over. He basically said every new batch of business school grads invents bank fraud from first principles.
AirBnB CEO calling it “vibe revenue” just 👨🍳 😘
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
The underlying cause of every bubble - debt masquerading as financial innovation - depends on not just short financial memory & speculative neophytism, but reinventing jargon of finance, like how each generation of kids has new ways to say same things.
November 22, 2025 at 6:02 PM
I once knew a Federal bank examiner, and one time someone asked him why we had to KEEP inspecting banks over and over. He basically said every new batch of business school grads invents bank fraud from first principles.
Reposted by John Hogan Morris
WATCH: If you really STILL don’t understand how car-dependent suburbia is HEAVILY SUBSIDIZED by downtown & all the urban parts of your city, please watch this EXCELLENT video by #NotJustBikes helped by #UrbanThree & @StrongTowns.org. And then please SHARE it as much as possible. youtu.be/7Nw6qyyrTeI
November 22, 2025 at 4:57 PM
WATCH: If you really STILL don’t understand how car-dependent suburbia is HEAVILY SUBSIDIZED by downtown & all the urban parts of your city, please watch this EXCELLENT video by #NotJustBikes helped by #UrbanThree & @StrongTowns.org. And then please SHARE it as much as possible. youtu.be/7Nw6qyyrTeI
Reposted by John Hogan Morris
The archive of silence, listing people silenced because they spoke up for Palestine in Germany, now with a handy website with dates, links and more. archiveofsilence.org
Archive of Silence | home
archiveofsilence.org
November 23, 2025 at 6:59 PM
The archive of silence, listing people silenced because they spoke up for Palestine in Germany, now with a handy website with dates, links and more. archiveofsilence.org
Reposted by John Hogan Morris
@carlbfrey.bsky.social: the AI bubble differs in key respects from the 90s tech bubble, with bigger macroeconomic risks. First, unlike long-lived fiber-optic cable and backbone networks built in the 90s, today's AI chips & memory quickly degrade or become obsolete, requiring constant reinvestment.
The AI Bubble’s Shaky Math
Carl Benedikt Frey thinks the productivity gains are more muted, and the macro risks more pronounced, than in the dot-com bubble.
www.project-syndicate.org
November 23, 2025 at 3:20 PM
@carlbfrey.bsky.social: the AI bubble differs in key respects from the 90s tech bubble, with bigger macroeconomic risks. First, unlike long-lived fiber-optic cable and backbone networks built in the 90s, today's AI chips & memory quickly degrade or become obsolete, requiring constant reinvestment.
Reposted by John Hogan Morris
The story of Rockefeller bankrolling the establishment of the University of Chicago is fascinating (he paid for everything). He generally abstained from meddling but somewhow the one guy who got fired was a political economists who advocated for ... public ownership of the energy infrastructure.
November 22, 2025 at 4:23 PM
The story of Rockefeller bankrolling the establishment of the University of Chicago is fascinating (he paid for everything). He generally abstained from meddling but somewhow the one guy who got fired was a political economists who advocated for ... public ownership of the energy infrastructure.
Reposted by John Hogan Morris
it's been an amazing two weeks (and I never even left DC). All the episodes are archived here at @au-cece.bsky.social so you can listen again and again. Happy Friday to all! 🍶🍹🥃🍺🥂🧃 cece.american.edu/cece-launche...
CECE Launches the COP-Out Podcast for Apocalyptically Optimistic Climate Conversations - Center for Environment, Community, & Equity (CECE)
During each episode, CECE Director Dana R. Fisher will host a panel of guest experts who will share their unique perspectives on the state of climate action, the path towards more effective climate so...
cece.american.edu
November 21, 2025 at 9:52 PM
it's been an amazing two weeks (and I never even left DC). All the episodes are archived here at @au-cece.bsky.social so you can listen again and again. Happy Friday to all! 🍶🍹🥃🍺🥂🧃 cece.american.edu/cece-launche...
Reposted by John Hogan Morris
My letter in today's Financial Times...
on.ft.com/48bgb5P Letter: Can Africa’s creditors learn from Germany’s debt deal?
on.ft.com/48bgb5P Letter: Can Africa’s creditors learn from Germany’s debt deal?
Letter: Can Africa’s creditors learn from Germany’s debt deal?
From Ann Pettifor, Ex-Director, Jubilee 2000 campaign, 1997-2000, London NW1, UK
on.ft.com
November 22, 2025 at 11:20 AM
My letter in today's Financial Times...
on.ft.com/48bgb5P Letter: Can Africa’s creditors learn from Germany’s debt deal?
on.ft.com/48bgb5P Letter: Can Africa’s creditors learn from Germany’s debt deal?
Reposted by John Hogan Morris
This stuff really boils my piss.
It's a long time since I had my kids but the range of things that can go wrong in childbirth is very very large. Why you'd go down this route is a total mystery to me
It's a long time since I had my kids but the range of things that can go wrong in childbirth is very very large. Why you'd go down this route is a total mystery to me
Influencers made millions pushing ‘wild’ births – now the Free Birth Society is linked to baby deaths around the world
Influencers made millions pushing ‘wild’ births – now the Free Birth Society is linked to baby deaths around the world
A year-long investigation reveals how mothers lost children after being radicalised by uplifting podcast tales of births without midwives or doctors
As Esau Lopez was asphyxiated for the first 17 minutes of his life on Earth, the atmosphere in the room remained serene, even ecstatic. Acoustic music crooned from a speaker in a modest two-bedroom apartment in a suburb of Pennsylvania. “You are a queen,” murmured one of three friends in the room.
Only Esau’s mother, Gabrielle Lopez, felt something was wrong. She was pushing hard, but her son would not be born. “Can you help [him] out?” she asked, as Esau crowned. “Baby is coming,” the friend replied. Four minutes later, Lopez asked again, “Can you grab [him]?” Another friend murmured, “Baby is safe.” Six minutes passed. Again, Lopez asked, “Can you grab [him]?” Continue reading...
www.theguardian.com
November 22, 2025 at 11:13 AM
This stuff really boils my piss.
It's a long time since I had my kids but the range of things that can go wrong in childbirth is very very large. Why you'd go down this route is a total mystery to me
It's a long time since I had my kids but the range of things that can go wrong in childbirth is very very large. Why you'd go down this route is a total mystery to me
Reposted by John Hogan Morris
“If the current draft text is accepted here in Belém, Cop30 will go down in history as the deadliest talkshow ever produced.“
Harjeet Singh of the Satat Sampada Climate Foundation
www.theguardian.com/environment/...
Harjeet Singh of the Satat Sampada Climate Foundation
www.theguardian.com/environment/...
Cop30 delegates ‘far apart’ on phasing out fossil fuels and cutting carbon
President of talks urges ministers and high-ranking officials to find common ground as conference nears its end
www.theguardian.com
November 22, 2025 at 8:49 AM
“If the current draft text is accepted here in Belém, Cop30 will go down in history as the deadliest talkshow ever produced.“
Harjeet Singh of the Satat Sampada Climate Foundation
www.theguardian.com/environment/...
Harjeet Singh of the Satat Sampada Climate Foundation
www.theguardian.com/environment/...