Roaring 20s Redux
@mishoiliev.bsky.social
Lives in Belgium. Politics. History. Used to do law then got a degree in economics. Fan of Keynesian economics, therefore, by MAGA’s standards, I am a communist 😂
Weakening ties with allies just as China is becoming more powerful and assertive. Trump seems to be quite incompetent in the foreign affairs arena
December 3, 2025 at 10:41 AM
Weakening ties with allies just as China is becoming more powerful and assertive. Trump seems to be quite incompetent in the foreign affairs arena
Book just arrived
December 1, 2025 at 6:51 PM
Book just arrived
“Hey, it’s bubble!”
December 1, 2025 at 6:12 AM
“Hey, it’s bubble!”
German infrastructure would be critical for defeating a potential Russian war of aggression against European NATO countries
November 27, 2025 at 9:56 AM
German infrastructure would be critical for defeating a potential Russian war of aggression against European NATO countries
Trump could have said something like:
“What are you talking about? We’re not issuing or planning any illegal orders!”
But he didn’t…
“What are you talking about? We’re not issuing or planning any illegal orders!”
But he didn’t…
November 25, 2025 at 8:09 PM
Trump could have said something like:
“What are you talking about? We’re not issuing or planning any illegal orders!”
But he didn’t…
“What are you talking about? We’re not issuing or planning any illegal orders!”
But he didn’t…
Peak Russo-American hubris and power in Europe. My take is that from here on these two will gradually be diminished as important political factors in Europe.
November 25, 2025 at 10:30 AM
Peak Russo-American hubris and power in Europe. My take is that from here on these two will gradually be diminished as important political factors in Europe.
Chatbots (that also go by the sexier name AI) are expected to increase productivity but there’s evidence that they often do the opposite…
November 24, 2025 at 10:44 PM
Chatbots (that also go by the sexier name AI) are expected to increase productivity but there’s evidence that they often do the opposite…
Says David Einhorn:
November 24, 2025 at 10:35 PM
Says David Einhorn:
Even if technically chatbots (also called AI) are not a bubble, the expected return on the investment falls short of what’s needed to justify the massive build up of data centres. This is concerning.
November 24, 2025 at 10:33 PM
Even if technically chatbots (also called AI) are not a bubble, the expected return on the investment falls short of what’s needed to justify the massive build up of data centres. This is concerning.
Many startups do the fake-it-until-you-make-it stuff. The problem for OpenAI is theirs is mind-blowingly capital intensive. And all they offer is a chatbot that hasn’t yet proven exactly how useful it will be in increasing productivity.
November 21, 2025 at 2:03 PM
Many startups do the fake-it-until-you-make-it stuff. The problem for OpenAI is theirs is mind-blowingly capital intensive. And all they offer is a chatbot that hasn’t yet proven exactly how useful it will be in increasing productivity.
Private credit does not involve maturity or liquidity transforming the way classic shadow banking does. LPs that provide private credit are primarily equity financed. They’re not borrowing short term in order to make long term lending. Systemic risks from private credit is not comparable to 2008
November 18, 2025 at 4:49 PM
Private credit does not involve maturity or liquidity transforming the way classic shadow banking does. LPs that provide private credit are primarily equity financed. They’re not borrowing short term in order to make long term lending. Systemic risks from private credit is not comparable to 2008
Believe it or not, I never owned a car before. But now I got this plug-in hybrid Golf. Second hand, of course, since buying a new vehicle is a terrible investment, losing value immediately 😀
November 12, 2025 at 8:34 PM
Believe it or not, I never owned a car before. But now I got this plug-in hybrid Golf. Second hand, of course, since buying a new vehicle is a terrible investment, losing value immediately 😀
This is a bit extreme but it’s important to know that this perspective exists and has some logic and merits
November 7, 2025 at 5:59 PM
This is a bit extreme but it’s important to know that this perspective exists and has some logic and merits
Excerpt from the article
November 3, 2025 at 12:14 PM
Excerpt from the article
AI accuracy. How the hell can this happen!
November 1, 2025 at 3:29 PM
AI accuracy. How the hell can this happen!
Bury seems to say that this is a bubble but better not to short. Do nothing in this case.
October 31, 2025 at 12:01 PM
Bury seems to say that this is a bubble but better not to short. Do nothing in this case.
Volvo Car up 25% this morning 😮
October 23, 2025 at 7:09 AM
Volvo Car up 25% this morning 😮
It pays to bet that Trump won’t act on the stuff that comes out of his mouth, Bloomberg found
October 21, 2025 at 5:36 AM
It pays to bet that Trump won’t act on the stuff that comes out of his mouth, Bloomberg found
Today I bought shares in the beaten down German clean energy company Energiekontor (EKT). The selling seems to be overdone. The delay in their windmill farms seem only to delay the profits and push them into 2026.
October 16, 2025 at 3:13 PM
Today I bought shares in the beaten down German clean energy company Energiekontor (EKT). The selling seems to be overdone. The delay in their windmill farms seem only to delay the profits and push them into 2026.
One possible reason for this is that China is preparing for a potential war with the US. Given that the PBOC is apparently the largest buyer of physical gold lately.
October 15, 2025 at 7:04 PM
One possible reason for this is that China is preparing for a potential war with the US. Given that the PBOC is apparently the largest buyer of physical gold lately.
This Trumponomics price control is not state capitalism. It is a robust form of (national) socialism.
October 15, 2025 at 3:52 PM
This Trumponomics price control is not state capitalism. It is a robust form of (national) socialism.
“The pressure on generative AI to show it can generate the revenue needed to justify today’s investment — and pay back creditors — will intensify.”
October 13, 2025 at 9:13 PM
“The pressure on generative AI to show it can generate the revenue needed to justify today’s investment — and pay back creditors — will intensify.”
An important point about fascism is that it generally should be understood as movement that prioritizes action, power, and the cult of the leader over intellectual consistency.
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
October 13, 2025 at 8:34 PM
An important point about fascism is that it generally should be understood as movement that prioritizes action, power, and the cult of the leader over intellectual consistency.
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
Part of NSDAP was radically anti-capitalist. Another part was anti-workers movement & quite comfortable with big business
If AI doesn’t deliver its miracles the US economy will cave in, argues Ruchir Sharma
October 6, 2025 at 8:49 PM
If AI doesn’t deliver its miracles the US economy will cave in, argues Ruchir Sharma