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dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026

Can anybody tell me where all the worry about the "petrodollar" comes from. It's not actually very much money. It doesn't really matter much. Did it come from the WSJ article by Diana Choyleva? #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 03/04/2026

I've looked and looked and cannot find ANY plan to protect commercial shipping in the Gulf from Iranian weapons. From what I read it is simply not possible. Navies can protect themselves from Iranian weapons, but not hundreds of huge, bunched-up, unarmed vessels. Anyone know different? #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 18/03/2026

For those who are still talking about a dollar decline, the DXY (aka the Dollar Index) is back at 100, in the middle of it's 52 week range. Forget about foreign exchange reserves. They don't mean much at all. The entire world uses dollars (albeit eurodollars) and that trend is increasing. #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 10/03/2026

Yet another reason we will never get the real Epstein Files until Republicans lose control of the investigative committees: open.substack.com/pub/kaitjustic…

open.substack.com

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dlawbailey.bsky.social @dlawbailey.bsky.social · 20/02/2026

If I was an importer I would just deduct the tariffs I paid from my tax bill. Send the IRS the receipts. Imagine if thousands of businesses did it. What are they going to do, sue? #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 16/12/2025

Are there any MMT enthusiasts here? If you're not sympathetic to #MMT, why not? I was interested that Polankski of the UK greens is an explicit MMT enthusiast. #econsky

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Patricia @patriciasays.bsky.social · 09/07/2025

The same reason the Epstein men who raped little boys and girls were ignored by FBI and all Republicans

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dlawbailey.bsky.social @dlawbailey.bsky.social · 05/09/2025

Question uniting three favorite subjects: finance, economics and Epstein. In 2019 Epstein's estate was about $600 million. Only the top 1-2 % of hedge funds would earn that much for their manager over 20 years. You can't do that in secret. So how do you think Epstein made his money? #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 22/08/2025

@scaramucci.bsky.social If Trump replaces Powell with somebody not quite up to the job and a Dem President is elected in '28, should that Dem fire the Chair or would that just be bad precedent?

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dlawbailey.bsky.social @dlawbailey.bsky.social · 07/08/2025

Has the IDF now killed a larger number of Palestinians waiting for food than the number of Israelis killed on 10/7? #GazaGenocide

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dlawbailey.bsky.social @dlawbailey.bsky.social · 24/07/2025

#Epstein 3 questions: 1) Do you support Epstein hearings? 2) Do you know or know of any Progressives who *don't* support Epstein hearings? 3) What are the notable objections you have or have heard, if any? #EpsteinHearings

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dlawbailey.bsky.social @dlawbailey.bsky.social · 24/07/2025

#Econsky posters are, I think, rational people with measured thinking. Thus I want to ask my fellow #econsky posters three questions: 1) Do you support Epstein hearings? 2) Do you know any Progressives who don't support Epstein hearings? 3) What are the objections you have or have heard, if any?

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dlawbailey.bsky.social @dlawbailey.bsky.social · 17/07/2025

Finally, the lynchpin drops on the Epstein story: offshore finance! The immense dollar empire exists because offshore finance is denominated in dollars. #econsky www.nytimes.com/2025/07/17/b...

nytimes.com

In Epstein Case, Follow the Money, Democratic Senator Says

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dlawbailey.bsky.social @dlawbailey.bsky.social · 29/06/2025

As I write I am enjoying greatly some Spicy Crayfish Flavor Lay's chips. Why can't we in the US get the nice things Asian consumers commonly enjoy. From Asian 7-11s to BYD cars to the gorgeous light shows that are Chinese skyscrapers, I thought America was the #1 consumer economy! #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 27/06/2025

The cause of the supposed "stagnation" Peter Thiel sees? Extreme inequality. In short, Peter Thiel. The least risky, most profitable kind of lending is lending to people who are already rich. Thus money is flowing to a shrinking, insular group. #econsky www.nytimes.com/2025/06/26/o...

nytimes.com

Opinion | Peter Thiel and the Antichrist

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dlawbailey.bsky.social @dlawbailey.bsky.social · 24/06/2025

#econsky Answering my kid's Iran questions, I cited the British Empire, its dissolution, the rise of the America. My kid asked "how can one country control such a big empire." Why are we stronger than China?" I said "other people make stuff and we make money. www.nytimes.com/2025/06/22/o...

nytimes.com

Opinion | Happy Birthday, Money

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dlawbailey.bsky.social @dlawbailey.bsky.social · 03/06/2025

Why the Deficit = Bond Market Panic equation is bullshit. 1. U.S. Treasury bonds are the world standard for "good collateral" Example: an investment fund going "risk on", generally borrows to buy, using Treasuries as collateral. #econsky 1/3

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dlawbailey.bsky.social @dlawbailey.bsky.social · 01/06/2025

Important observation on "TACO" by Ross Douthat in the NY Times: "the acronym gets at something that’s crucial to Trump’s political resilience. The willingness to swerve and backpedal and contradict himself is a big part of what keeps the president viable" Trump = genius flipflopper. #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 27/05/2025

@mihstories.bsky.social I'm sorry but I had to mute your account. You're just overwhelming EconSky, for example.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 25/05/2025

After listening to the author of the new book "Empire of AI" I am less afraid of AI than I was before. With AI, the ratio of speculation to fact is huge. Problems are completely ignored. For example, AI models can't recognize when they need additional data and ask for it. Threatening? #econsky

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Ty Ross @cooltxchick.bsky.social · 22/05/2025

When I got this last week, I was floored. What child should have to ‘borrow’ money to be fed? One of the most grotesque things that I have ever seen 🤬

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dlawbailey.bsky.social @dlawbailey.bsky.social · 22/05/2025

There are least 3 types of money: central bank reserves for interbank, intra system borrowing, lending, settlement, etc.; normal loans/deposits created by bankers within a monetary system and "euromoney" - loans/deposits created by bankers outside a monetary system, like eurodollars. #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 17/05/2025

For once - and for all? - the professor explains simply why the talk of the dollar's demise and the Moody's downgrade are basically a lot of noise. (Hint: more money than you can imagine) #econsky www.bloomberg.com/news/audio/2...

bloomberg.com

Odd Lots: Perry Mehrling on Trump's Echoes of the Nixon Shock - Bloomberg

Understand every aspect of the global economy – and know how to make your next move.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 11/05/2025

Crucial anecdote in this interview: Chinese supplier talks to the U.S. CEO about creating a new store - in China - to sell unimportable goods. China can in principle sell goods anywhere but there's a lot the U.S. can't get outside Chinese supply chains. #econsky www.bloomberg.com/news/audio/2...

bloomberg.com

Odd Lots: A US Clothing Brand On the Existential Threat From the Tariffs - Bloomberg

Understand every aspect of the global economy – and know how to make your next move.

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Reposted by @dlawbailey.bsky.social

chelsea lawrence @chelsealawrence.bsky.social · 05/05/2025

The response every sane person expected… #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 05/05/2025

#econsjy This channel is a fantastic, straightforward source on the coming (or not) shipocalypse. This video includes important commentary on the Bloomberg LA Port Director interview already cited on this thread. Subscribe, like and hit the bell, d'habitude. youtube.com/watch?v=43VM...

youtube.com

US Port Update - May 4, 2025 | Trade Wars: Port of Los Angeles Says Imports are Dropping

YouTube video by What's Going on With Shipping?

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The Finance Leftist @thefinanceleftist.bsky.social · 02/05/2025

This was the best honest and accessible economic based explanation about what is happening in our world I’ve seen in years. Thanks @adamconover.net and Mark Blyth for this. #Econsky

youtu.be

The End of American Economic Supremacy with Mark Blyth

YouTube video by Adam Conover

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dlawbailey.bsky.social @dlawbailey.bsky.social · 03/05/2025

#EconSky This conversation leaves out ~ $13 trillion of over $30 trillion in global dollars. Will commentators ever understand money? Will the Left? BANKERS CREATE MONEY and thousands of times a day even banks OUTSIDE of the U.S. Fed system CREATE dollars - Eurodollars. youtu.be/pT2cohNt6a4?...

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dlawbailey.bsky.social @dlawbailey.bsky.social · 01/05/2025

#EconSky Since December 2015 I have countenanced no arguments that Trump was bad at politics, dumb or doomed (ok, except right after the bad Ann Selzer poll). I'll now say this is the worst, most idiotic political statement I have ever read and Trump is finished. www.nytimes.com/2025/04/30/u...

nytimes.com

Trump, on Tariffs, Says ‘Maybe the Children Will Have 2 Dolls Instead of 30’

At the end of a cabinet meeting, the president allowed for the possibility that trade war could disrupt supply chains.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 30/04/2025

Every year, millions of hard-working Moms who can't do everything they want to do for their kids have one day they can feel satisfied, happy and proud of what they *have* done: Christmas. They had an unwitting ally: the Chinese factory worker. Not any more, thanks to Trump. Yikes. #econsky

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dlawbailey.bsky.social @dlawbailey.bsky.social · 30/04/2025

#EconSky Of course it's a propaganda video but still, for months Trump and his team have basically announced that they were going to try to cripple the Chinese economy. Bad strategy. youtube.com/shorts/ePlDy...

youtube.com

Never Kneel Down!

YouTube video by New China TV

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dlawbailey.bsky.social @dlawbailey.bsky.social · 25/04/2025

#EconSky The elements start to fall into place: "The central bank released CNY600 billion (USD82 billion) of fresh funds into the financial system...This is six times the amount that is due to mature this month" Meaning total PBoC loans in this program up 6x. www.yicaiglobal.com/news/chinas-...

yicaiglobal.com

China’s Central Bank Lifts Medium-Term Lending by USD68.6 Billion to Counter Tariff Fallout

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dlawbailey.bsky.social @dlawbailey.bsky.social · 25/04/2025

#EconSky How The Trump stole Christmas: "Plummeting container bookings...weekly imports data from China to U.S. even South Korea to U.S. dropping very quickly...holidays season retail...should be planning right now...August is when China should be shipping. www.bloomberg.com/news/article...

bloomberg.com

Anna Wong: Empty Shelves Are Coming Soon

Is the holiday season ruined?

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dlawbailey.bsky.social @dlawbailey.bsky.social · 25/04/2025

#EconSky "It looks like lots of actual orders are being cancelled and there is the risk of material shortage of things from China emerging in a fairly short period of time" www.bloomberg.com/news/article...

bloomberg.com

Anna Wong: Empty Shelves Are Coming Soon

Is the holiday season ruined?

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dlawbailey.bsky.social @dlawbailey.bsky.social · 25/04/2025

#EconSky Americans now face the possibility that Trump, through uniquely reckless and ill-considered actions, has created a trade war *China can win outright*! All war is politics by other means. If China can largely embargo exports to the US until after Christmas, Trump is finished. Truly. ,

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Brav0 @aiden010.bsky.social · 24/04/2025

What kind of #tariff disruptions to logistics and distribution can we expect? Any data starting to trickle in? #econsky @barchart.com

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Sean Brodrick @seanbrodrick.bsky.social · 24/04/2025

Tariffs have been cited on more than 90% of S&P calls so far this earnings season. The term “recession” was mentioned on 44% of calls, compared with less than 3% on those covering the fourth quarter of 2024. So that’s how that’s going. #EconSky #FinSky t.co/l4sxTMMyaU

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USC Schaeffer @schaeffer.usc.edu · 24/04/2025

📆 Join us May 20 for a fireside chat with Nobel Laureate Daniel McFadden, whose work in choice modeling revolutionized how economists analyze consumer behavior & market demand. #econsky schaeffer.usc.edu/event/revolu...

schaeffer.usc.edu

Revolutionary Decisions: Reshaping How We Understand Human Choice - April 18, 2025 - USC Schaeffer

A fireside chat with Nobel Laureate Daniel McFadden - Revolutionary Decisions: Reshaping How We Understand Human Choice April 18, 2025

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dlawbailey.bsky.social @dlawbailey.bsky.social · 24/04/2025

This is the first of many, many opportunities for *China* to remake the world trade. Create new distribution systems, create new payment systems, create Chinese global finance. Win. #econsky www.nytimes.com/2025/04/24/t...

nytimes.com

Chinese Factory Owners Use TikTok to Make Appeal to Americans: Buy Direct

Videos on the social media app, filmed at factories in China, urge viewers to buy luxury goods directly, as tariffs drive up prices. Americans are receptive.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 24/04/2025

#EconSky What Would You Tell Xi??? If you could, what would you tell Xi Jinping? I'm no fan but I feel I'd have to say: "Mr. Xi, whatever you decide, you will NEVER deal with an American President who's this reckless, this thoughtless and thus this politically vulnerable again - ever."

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DaGoose @johnnydoey14.bsky.social · 24/04/2025

There goes, wannabe tough guy again.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 20/04/2025

China's rare earths- Move along, there's nothing to see here Why with the many things we *do* need to worry about, one thing we really *don't* need to worry about is China's rare earth dominance. #econsky www.bloomberg.com/news/audio/2...

bloomberg.com

Odd Lots: Javier Blas on China's Rare Earths Dominance - Bloomberg

Understand every aspect of the global economy – and know how to make your next move.

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dlawbailey.bsky.social @dlawbailey.bsky.social · 17/04/2025

#econsky Trump has already cost Nvidia $5 billion - and that's with a technology transfer policy there's at least an argument for. youtu.be/NrYCfDEOGoY?...

youtu.be

Nvidia Sinks After Warning Chip Curbs Will Cost $5.5 Billion

YouTube video by Bloomberg Television

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dlawbailey.bsky.social @dlawbailey.bsky.social · 17/04/2025

#econsky If Trump thinks the bond market panicked about his tariffs he will hate what happens if fires Powell. youtu.be/1GTB27tlbj4?...

youtu.be

Trump Says Fed Chair Powell's Termination Can't Come Fast Enough

YouTube video by Bloomberg Television

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dlawbailey.bsky.social @dlawbailey.bsky.social · 17/04/2025

#EconSky Dan Ives of Wedbush Securities: "The first time in 30 years you have the U.S. ahead of China in terms of tech ... If you don't navigate this third rail issue the right way you'll cut the knees of tech and set it back years and guess who wins?... it's China." youtu.be/TcDYNmy-K74?...

youtu.be

'A UFC Battle Between China & US' says Dan Ives

YouTube video by Bloomberg Podcasts

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