Political machinations, Geopolitics concerning Europe & transatlantic relations. Often political economics rants. Eurodollar and US foreign policy explainer.
Immora
Joined September 2015
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In today's political scenes, there's eerie type of chaos that lurks just behind a facade of order - and yet, deep inside the chaos lurks an even eerier type of order waiting to establish itself.
More losers equating a presidential election vs midterms
By this time in 2024, Republicans had a 4% turnout lead; which was translating to an 12% lead in votes cast.
Same time in 2026, Democrats have an 8% turnout lead, leaving the GOP with just a 1% vote cast lead
Republicans are not showing up right now.... #flapol
These clowns think access to Florida data daily drops with some AI is convincing that they know what they are talking about. They don’t know the nuances of voter turnout and dynamics
Live Monitor retweeted
The U.S. has told several Gulf Arab countries to be prepared for a short, intense military campaign after the U.S. midterm elections, people briefed on the conversations said. on.wsj.com/4yHXmSL
Live Monitor retweeted
Today’s financial heads-up if you don’t understand the Eurodollars and what, where, when & how they exist.
Eurodollar explained
Eurodollars are US dollar deposits held at banks outside the US, and they are not a separate currency or a parallel money supply. The dollars never leave the American banking system: a Eurodollar deposit is a change in the ownership of a claim on a US bank, not a new dollar created abroad. The corollary is that Eurobanking sits outside central bank control and outside US reserve and deposit insurance requirements, which is where both its economics and its fragility come from.
gngresearch.com/articles/und…
Hungary was the Soviets central bank for all intents and purposes. Moscow stored dollars there to use.
Not exactly. The Eurodollar market originated in the 1950s mainly from Cold War moves by the Soviets and Chinese to hold dollars in European banks (like the Paris "Eurobank") to avoid US freezes, plus regulatory arbitrage.
Milton Friedman noted their major source is the bookkeeper’s pen: banks create the deposit liabilities via accounting entries outside US rules. No physical dollars leave the US system.
Talarico’s main legislative move was House Bill 2206. He introduced a bill requiring Texas to cut greenhouse gas emissions at least 90 percent below 1990 levels by 2050, with a 50 percent cut by 2030.
He equated the oil industry to cassette tapes in that it was a relic and should be phased out.
The contrast is clear: James Talarico would destroy Texas’ oil and gas industry.
@KenPaxtonTX will protect it.
Talarico was asked about climate change and communities of color, he said young activists had drawn the link between climate change, white supremacy and capitalism, called all three oppressive systems that work together, and said the process of dismantling should begin.
This was at a 2020 event.
.@Burrows4TX CALLS OUT James Talarico:
"The top of the Democrat ticket has said they want to "dismantle" capitalism...that is essentially dismantling the American dream…
What do they want to replace it with? Communism."
Nope
Apple Bets MacBook Pro Buyers Will Pay More For Touch Screens - BBG
bloomberg.com/news/articles/…
Your favela goons stuffed ballot boxes with 15,000 votes for you and ZERO for Flavio.
The statistically probability of that is Zero. Literally zero.
Brazilian President Lula:
I regret that Flávio left Brazil because he could have stayed here and proved that the accusations in the press are not true.
I tried to get him to prove he is honest by submitting all my paperwork to the Electoral Court—mine, my wife’s, and my children’s.
He did not submit his.
Imagine be so stupid and bias that you confuse visa procedures in special cases with passport requirements. You people are so deranged about Trump that all logic just leaves your brains. A senior State Department official said the department will issue visas to Flávio and his family and allow them entry. That’s a discretionary visa decision, regardless of passport or not.
There is no fintech in Canada. It's a country that requires its entire existence to rely on its proximity to the US and access to the dollar.
Canada & @DFInstitute on #FinTech world stage w/ @UN discussing #tech necessary for #refugeecrisis. #letsgocanada
Dems would need to get 55% turnout while the GOP would need to be sub 40%... just not going to happen. It's why I keep correcting these obvious liars on Florida who just put stuff out for clickbait.
The only deception here is you saying republicans are not showing up when traditionally they wait until Election Day.
Even with a 10% turnout advantage, Dems are losing and math isn’t on their side.
Eurodollar explained
Eurodollars are US dollar deposits held at banks outside the US, and they are not a separate currency or a parallel money supply. The dollars never leave the American banking system: a Eurodollar deposit is a change in the ownership of a claim on a US bank, not a new dollar created abroad. The corollary is that Eurobanking sits outside central bank control and outside US reserve and deposit insurance requirements, which is where both its economics and its fragility come from.
gngresearch.com/articles/und…