Economics

Economics

A place to talk about finance and the economy

Ed O'Shaughnessy pfp

Ed O'Shaughnessy

"Looking into the future, from the mid-20th Century, we cannot feel overly confident that present high standards of living will of a certainty continue through the next century and beyond. Fossil fuel costs will soon definitely begin to rise as the best and most accessible reserves are exhausted, and more effort will be required to obtain the same energy from remaining reserves. It is likely also that liquid fuel synthesized from coal will be more expensive. Can we feel certain that when economically recoverable fossil fuels are gone science will have learned how to maintain a high standard of living on renewable energy sources?" ~ Rear Admiral Hyman G. Rickover, USN. 1957 https://www.resilience.org/stories/2006-12-02/energy-resources-and-our-future-remarks-admiral-hyman-rickover-delivered-1957/

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Ryan pfp

This is absolutely unacceptable. Comrade Warren in her most recent letter CLEARLY states the need for at least a -75 bps cut

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crypto enthusiast⌐◨-◨ pfp

crypto enthusiast⌐◨-◨

🗣 Goldman Sachs advises clients to buy gold due to geopolitical risks and declining interest rates

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Polymarket pfp

Odds of a 50+ bps rate cut are up to 54%. 2 more days until the Fed's decision.

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J Finn 🎩 pfp

Loophole used by 🇨🇳 companies Shein and Temu announced that it would be closed on Friday. 🔷 the Loophole allows goods under $800 to avoid 🇺🇸 Import duties 🔹 those goods now set to go up in price by about 20% CNBC

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Interesting conversation about the ebb and flow of twitter as the center point of financial media during the early 2010s with Josh Brown. Queued at start of segment. “Twitter is no longer a worthwhile distribution platform “ 43 min mark … “things aren’t meant to last forever.” “2020 things broke down” “the quote tweet” is what killed the vibe Tracy, “sincerity and earnestness missing” https://open.spotify.com/episode/1ZS5w31JdTvp6zmnliJOyf?si=UgVfHzyHRWKjF_thBzeahg&t=2402

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farshad🎭 pfp

@farshad-mahmoodi

Comparison of world assets in terms of market size

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BrixBountyFarm 🎩 pfp

BrixBountyFarm 🎩

Caught most of this randomly this afternoon and thought it was insightful re inflation and potential political direction resulting from high costs experienced… everywhere. San Diego taco tour through the lens of inflation. https://www.latinousa.org/2024/09/15/inflationforlatinos/

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robin :•> pfp

feel free to explain reasoning in comments

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crypto enthusiast⌐◨-◨ pfp

crypto enthusiast⌐◨-◨

🗣 The Romanian stock market has grown by +40% and became one of the best performers, according to Bloomberg. Investors are optimistic about further growth. They expect more companies to go public.

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simpledelusion pfp

Donald Trump's staff reported that near the location of the politician sounded shots. The attack occurred when he was leaving a golf club in West Palm Beach, writes the New York Post. Congresswoman Marjorie Taylor-Green said that there was another attempted assassination attempt. Now the politician is safe.

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Ed O'Shaughnessy pfp

Ed O'Shaughnessy

“It seems to me that all the manipulations of debt levels and interest rates by central banks are ultimately aimed at maneuvering oil prices into a range that is acceptable to both producers of crude oil and purchasers of crude oil, including the various end products made possible through the use of crude oil.” https://ourfiniteworld.com/2024/09/11/crude-oil-extraction-may-be-well-past-peak/

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Mike pfp

Kamalanomics is Bidenomics with more economic collectivism. Trumpenomics is Reaganomics with more economic protectionism.

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Dr Blue Lizardo pfp

Dr Blue Lizardo

@bluelizardo.eth

Google’s ad revenue hit $237.9 billion in 2023, which is on a whole other level compared to other search engines I’m stoked to see how OpenAI’s gonna cut into those crazy revenues soon and how they’ll handle ads themselves

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Commstark 🎩🫂 pfp

Commstark 🎩🫂

let's normalize going cross chain on tokens it's a bear market the fragmentation between the eth networks (base, arbitrum...), SOL chain, and whatever else is out there means that there is essentially no market (a few thousand ppl of varying economic wealth on each market segment) if we could properly solve interoperability once and for all, each market would be better off a good thing to study are market exchanges (CME, NYSE, bank networks) in real life. They do better when conjoined

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