In the Blind Spot (Greedflation, Conglomeration, War Games)
This edition of the Blind Spot Wrap was compiled by Izabella Kaminska and Dario Garcia Giner. Multipolar spin: Macron caused a stir by saying the EU should oppose “the extraterritoriality of the US dollar” so Pacemaker’s Kathleen Tyson dove into the historic roots of how the dollar became “extraterritorial”, and the “injustice and risks extraterritoriality […]
In the Blind Spot (Black Ops Capital, Daisy Chain QE, Substack)
This week’s Blind Spot Wrap was compiled by Izabella Kaminska and Dario Garcia Giner. De-dollarisation goes mainstream:. The IMF’s latest Currency Composition of Official Foreign Exchange Reserves (COFER) release showed an increase in overall positions in Q4, 2022. Kathleen Tyson of Pacemaker Global argued the data could indicate that her theory that Western central banks […]
In the Blind Spot (De-dollarisation, MMFs, Rollover)
This edition of the Blind Spot Wrap was compiled by Izabella Kaminska and Dario Garcia Giner. US dollar says: Et tu Brute? Kenyan President William Ruto claimed measures had been put in place to protect local and international businesses from dollar shortages, and that their impact would be felt soon. Oil producers will now purchase fuel […]
ChatGPT has some thoughts about organic humanoid robots
Long story short: I tried to test my theory that humans are the optimal embodied intelligence for this planet (due to millennia of natural evolution) by asking ChatGPT a few hypothetical questions about the best way to maximise the efficiency of humanoid robots. The conversation is attached below. Overall, I think ChatGPT agreed with me […]
Spot Markets Live (30/03/23) *** What do digital FX controls look like?***
Izabella Kaminska10:59 Morning! FRANCES COPPOLA11:01 Morning! Welcome to nearly the end of the week. And so far no bank collapses. I believe Izzy is joining me today. Izabella Kaminska11:01 I am indeed here spiritually for 30 min and then consciously from 1130 onwards. Multitasking like a crazy person these days. Should we check in on […]
Spot Markets Live (29/03/23) ***Release the countercyclical buffer edition***
FRANCES COPPOLA10:58 .. Izabella Kaminska10:59 Morning everyone FRANCES COPPOLA11:00 Morning everyone Izabella Kaminska11:00 I’m here (a little bit in stealth mode) to learn what’s going on. It seems like a nervous calm has swept through the market. I started the week telling people never say never about Deutsche going down, but now it seems like […]
Germany’s e-fuel fetish ain’t new. Just ask the Führer. (POLITICO)
By Matthew Karnitschnig – Mar 28, 2023 BERLIN — Hitler had a problem. It was early June in 1942 and though the diabolical German leader’s plan to whip his Volk into a frenzy and rape and pillage the rest of Europe showed early success, his army had run into a wall in Stalingrad and was […]
MEPs dream big for EU dirty money watchdog (POLITICO)
By Bjarke Smith-Meyer – Mar 28, 2023 The European Parliament wants an EU anti-money-laundering authority that polices national supervisors, enforces sanctions and with the power to fine companies millions of euros for flouting safeguards. MEPs on Tuesday voted through their vision of the future dirty money watchdog, which is supposed to help weed out suspect […]
Spot Markets Live (28/03/23)
Frances Coppola rides solo in today’s Spot Markets Live session, with a small fly-by from Izzy. FRANCES COPPOLA10:59 .. 11:00Morning everyone That’s Bank CDS today, from Ben Laidler at eToro, Credit Suisse and UBS are up as expected, and everyone still hates Deutsche Bank. Stock price has fallen slightly today though it’s still up compared […]
Spot Markets Live (27/03/23)
Good morning SMLers ! Another busy morning out there. Today Frances is back with us Morning Frances FRANCES COPPOLA11:00 Morning everyone! Anjuli Davies11:00 Where do we start? FRANCES COPPOLA11:01 Is the panic over? I suppose we should start with DB DB share price up this morning but CDS remain elevated Anjuli Davies11:01 FRANCES COPPOLA11:02 Who […]