Thursday, September 11, 2025

FTX’s Collapse Mirrors an Infamous 18th Century British Financial Scandal

Perilous little is novel in finance, particularly scams like FTX.

War Of The Worlds Begins In Your Neighborhood “Because — German Chancellor Merkel Has Just Declared — Russia Was Never Pacified”

It can’t be said often enough how much damage Merkel did by using Minsk as a clever ploy to hurt Russia and worse now admitting to it.

2:00PM Water Cooler 12/30/2022

~ Today’s Water Cooler: Happy New Year! ~

Links 12/30/2022

The US and China Are in a War “for Peru’s Soul”, Says Mexican Geopolitical Analyst

“We are seeing a surreptitious clash, a war that no one dares name, between China and the United States for Peru’s soul.”

The 2022 Globie: Money and Empire – Perry Mehrling on Charles Kindleberger

Perry Merhling’s recent book on Charles Kindleberger finds he had prescient beliefs about the need for a prudent international money minder.

2:00PM Water Cooler 12/29/2022

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Links 12/29/2022

Twitter and the CIA (Twitter Files 8–10)

Yves here. The Twitter Files disclosures continue at an impressive clip, increasingly focusing on the close involvement of Federal law enforcement and intelligence agencies in curtailing and blocking Administration/Democrat-threatening lines of thought, such as interest in the Hunter Biden laptop or hostility to vaccine mandates. These revelations are as significant as the Pentagon Papers, yet […]

“The Expat Experience”

Some perspectives on being an expat.

2:00PM Water Cooler 12/28/2022

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Links 12/28/2022

Hoisted from Comments: Rosneft Refinery in Schwedt as a Microcosm of Europe’s Sanctions-Induced Energy Mess

A Rosneft refinery in Germany illustrates how difficult it is to get back to anything resembling status quo ante under sanctions.

The Ukraine Crisis Is a Classic “Security Dilemma”

Some well-meaning but going-nowhere peace ideas for Ukraine.

2:00PM Water Cooler 12/27/2022

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