In the Blind Spot (Armenia, Drone Swarms, Censorship)
Media & Market Matters: Goldman Sachs’s new Apple Credit Card business shows loss rates on credit card loans are up to 2.93 per cent, higher than their subprime lender counterparts. The FT’s Gillian Tett interviews Palantir’s Karp. The Telegraph unveils the explanation behind Liz Truss’ regularly sported necklace nicknamed the ‘Circle of Truss’. Twitter thread […]
Spot Markets Live Transcript: 12/09/22
Today’s Spot Markets live session is with Anjuli Davies, formerly of the Telegraph and Reuters, Davies’ last posting was as Senior City Editor for the Telegraph, moving there from her role as Acting Chief UK Financial Correspondent for Reuters. Comments addressing audience questions have been put in bold. Izabella Kaminska 10:58 Hello there…. Welcome back […]
ALTIF transcripts: Putting the Right Price on Time (Edward Chancellor)
It’s arguably the most important number in world history, and one that drives almost all our main economic decisions. But how is the interest rate set, and (more importantly) have we been setting it wrong in recent years, to the detriment of our economies? We discuss interest rates from Babylon to QE with economic historian and […]
In the Blind Spot (Nocoiners, Google’s Jigsaw, Game of Thrones)
Commemorating the Reign of Her Majesty Queen Elizabeth II: Econ, Finance & Markets etc: Zerohedge posts a piece from Rabobank on the idea that central banks should be focusing on regulating MWh and production output, rather than just targeting inflation. Switzerland considers imprisoning individuals who heat their rooms above 19 degrees celsius in case the […]
The Blind Spot Podcast “Flattens the Energy Curve” w/ Craig Pirrong
In the latest Blind Spot Podcast Junseth and Izzy chat with energy expert Professor Craig Pirrong from the University of Houston. We review all five energy price relief measures from the EU’s Urusla Von Der Leyen, the expected £100bn support package for the UK’s new prime minister Liz Truss and ask why has has Janet […]
The Metaverse’s Missing Currency: Violence
Time Travel Experiment Discovers Meta’s Metaverse Still Sucks Dear subscribers and readers of the Blind Spot; Unbeknownst to the scientific community, our small media publication has just invented time travel. We have now returned from the year 2045 and can report the following… The world’s population will soon abandon all hope for a better tomorrow […]
Rationist No. 5: That the Constitution of the Middle Class is Best
This is the fifth in a series of essays by Tim Ferguson, founder of the Anacyclosis Institute, arguing in favour of Rationism, a middle-class-oriented political theory that advocates benchmarking the national economy against the national median household net worth. Izabella Kaminska has also described Rationism as Vitruvian Capitalism, based on its promotion of the values […]
In the Blind Spot (NFTs, Off-Balance Sheet Wars, Knights)
This edition of the Blind Spot Wrap was compiled by Izabella Kaminska (IK) and Dario Garcia Giner (DGG). Econ, Business & Finance etc: The Tony Blair Institute of Tech Policy has announced their intention to develop public policy recommendations for UBI using a network of CBDC’s. The British pound slumps to its worst level since […]
Spot Markets Live Transcript: 05/09/22
Today’s Spot Markets live session is with Dario Garcia Giner, assistant editor of the Blind Spot Izabella Kaminska 10:59 HELLO! Welcome to a front seat to the Fall of Rome. Part Deux. Exciting isn’t it? Who knew my Ancient History degree would come in so useful? Dario Garcia Giner 11:00 These days it sounds like […]
Diesel Generators, or How I Learned to Stop Worrying and Love the Fuel Crisis
Startling news regarding insane price increases in electricity bills have pleased few. According to Citi, the UK inflation rate will hit 18 per cent in early 2023, while Ofgem announced the average household bill will increase to £3,549 a year from October 1, 2022 – 2.5 times higher than last year. Stories like that of […]