macrodove.bsky.social
@macrodove.bsky.social
Reposted
ICE agent asked why he's taking pictures of a legal observer's car, replies: "Cuz we have a nice little database and now you're considered a domestic terrorist. So have fun with that."
January 23, 2026 at 5:32 PM
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‘Patriot’ Front went to DC and people blasted clown music at them.
January 24, 2026 at 3:51 AM
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"When it comes time to produce something vaguely resembling a policy blueprint, Trump steps aside & the right-wing ideologues who surround him take over. His only job is to record a brief video, try to stay awake through a White House event on the subject, & then go back to not talking about it."
Trump's long-awaited healthcare "plan" is a joke
He can barely bring himself to pretend he cares.
www.publicnotice.co
January 19, 2026 at 10:34 PM
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Ford has caved to MAGA pressure and suspended TJ Sabula, the auto worker who called Trump a “pedophile protector” to his face today.

“I don’t feel as though fate looks upon you often — and when it does, you better be ready to seize the opportunity,” Sabula said.
January 14, 2026 at 2:51 AM
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Breaking news: Every former Federal Reserve chief attacked the Department of Justice’s probe into US central bank head Jay Powell, accusing the Trump administration of behaving like an emerging market. ft.trib.al/aJHxEQx
January 12, 2026 at 4:28 PM
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NEW: Federal Reserve Chairman Jerome Powell warns that Trump is pressuring the central bank into cutting interest rates through threats of criminal prosecution. The rare statement comes after the DOJ opened an unprecedented investigation into Powell over the weekend.
Lawmakers, former officials denounce DOJ’s criminal probe into Fed Chair Powell
Read more here.
www.democracydocket.com
January 12, 2026 at 5:18 PM
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3/3
That's because, as I explain below, an option framework explains why share prices in a largely-insolvent banking system are effectively a proxy for expected GDP growth. At the time I wrote this, Chinese banks were trading at 3-4 times book.
carnegieendowment.org/china-financ...
What Do Bank Share Prices Tell Us About Growth?
The plummeting valuation of China’s banks suggests that investors are losing confidence in China’s growth prospects.
carnegieendowment.org
January 2, 2026 at 6:25 AM
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NEW: President Trump's first veto of his second term kills a unanimous bill to fund a major drinking water project in Colorado. Trump had threatened punishment for Colorado for imprisoning his ally Tina Peters. www.9news.com/article/news...
Trump vetoes bill to fund Arkansas Valley conduit in Colorado
President Trump vetoed a bill to fund a pipeline project to bring clean drinking water to communities on the Eastern Plains between Pueblo and Lamar.
www.9news.com
December 31, 2025 at 12:28 AM
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JUST IN: AG Pam Bondi deletes a post touting a chart as proof of the Trump administration's success in reducing drug overdoses—after being informed the data actually reflected the *Biden* administration’s record.
December 31, 2025 at 12:11 AM
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Bloomberg: "China has launched a national venture capital fund and three regional funds, together worth billions of dollars, as part of a push to foster home-grown tech champions. The national fund will run for 20 years."
www.bloomberg.com/news/article...
China Starts State-Backed Venture Funds to Support Tech Startups
China has officially launched a national venture capital fund and three large regional funds, together worth billions of dollars, as part of a push to foster home-grown tech champions and improve inve...
www.bloomberg.com
December 27, 2025 at 4:16 AM
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I riff on @dianecoyle1859.bsky.social’s discussion of institutions and growth to explain why banking may be an important missing link in economists’ understanding of how and why growth takes place.

Institutions and growth: How banks used to provide the liquidity that fuels innovation and growth
December 22, 2025 at 10:56 PM
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DOGE was A LOT less likely to cancel contracts from companies that donated money to Republicans than companies that donated to Democrats.
December 25, 2025 at 10:47 PM
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If we can't even identify our enemies then how can we fight them?

Trump's National Security Strategy is the longest suicide note in American history

www.theatlantic.com/ideas/2025/1...
The Longest Suicide Note in American History
The Trump administration’s new National Security Strategy targets liberal democracy itself.
www.theatlantic.com
December 16, 2025 at 1:59 PM
Reposted
1/6
Very interesting Caixin article on how the Big Four AMCs, badly hurt by falling real estate prices and weak NPL resolution, are buying bank stocks and recognizing the gap between their prices and their higher book values as paper profits.

www.caixinglobal.com/2025-12-12/i...
In Depth: China Bad-Debt Managers’ Bet on Bank Stocks Could Backfire
‘Big Four’ asset management companies have each taken large stakes in major lenders, allowing them to use accounting magic to book instant profits
www.caixinglobal.com
December 13, 2025 at 7:32 AM
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A+ trolling from Zelenskyy
December 13, 2025 at 2:33 AM
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Bash: "Do you believe if there was a second strike to eliminate any survivors that it constitutes a war crime?"

Mark Kelly: "It seems to."

Bash: "If you received that order, would you have carried it out?"

Mark Kelly: "No…Going after survivors in the water is unlawful."
November 30, 2025 at 2:15 PM
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November 29, 2025 at 12:32 AM
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Turns out that when you describe how "the punters" feel about the economy, Americans think you're talking about blokes who kick footballs, rather than "the people." (Hilarity ensued.)
November 27, 2025 at 1:51 PM
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The draft dodging idiot posted a pic of this West Point plaque. It contains these words:

“Our American Code of Military Obedience requires that, should orders and the law ever conflict, our officers must obey the law.”

That is precisely what Senator Mark Kelly told officers to do. #NoSedition
November 25, 2025 at 6:49 PM
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🎵 “Join Ice” - @wellesmusic on Colbert
November 22, 2025 at 1:54 PM
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AOC to @pabloreports.bsky.social : A swastika is one of the clearest symbols of hatred in all of humanity… to remove that designation… indicates a possible collaboration with those very elements, which I think is genuinely frightening to any American.
November 21, 2025 at 12:00 AM
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Scoop: “Trump Wine Hits Government Shelves”

me, for @forbes.com

1/
Trump Wines Sold At Coast Guard Stores On Federal Property
Exchanges in Washington, D.C., and Virginia have stocked Trump-branded wine and cider, allowing his family’s business to earn revenue from sales on federal property.
www.forbes.com
November 7, 2025 at 11:47 AM
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News of a critical counterattack by Ukraine in Pokrovsk

Needing to unblock key lines of logistics, UKR troops have been daringly dropped-in by low flying helicopters in territory Russian claimed was captured.

My initial reaction is it's a huge gamble, but the only other option was to retreat.
October 31, 2025 at 8:29 PM
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Bessent on American farmers being hurt by tariffs: "Martha, in case you don't know it, I'm actually a soybean farmer, so I have felt this pain too."
October 26, 2025 at 1:21 PM
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Leavitt: "At this moment in time, of course, the ballroom is really the president's main priority."
October 23, 2025 at 5:56 PM