dlawbailey.bsky.social @dlawbailey.bsky.social · 16/04/2026Read this guy @paulblustein.bsky.social He's got a book and a good article. 020
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026Hear, hear! I think this whole "petrodollar" thing got spun up by this article by Diana Choyleva in the WSJ. But that story is really a China story, which is her area of focus. Somehow people took it as a U.S. story. Money is the most important thing in the world that like nobody understands. 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026Not really. It was kind of a big deal in the 70s but it's just not that much money now. 120
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026Why are people worried about the "petrodollar". It was kind of a big deal in the 70s but it's not important now except to people in the energy business and their bankers. Petrodollars are maybe $300 billion. That's a lot of money but it's chump change compared to $14 trillion in eurodollars. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026What do you mean by "faith in the petrodollar"? I don't get it. The eurodollar is the important thing and there is PLENTY of faith in that. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026I don't really understand how the "petrodollar" became such a big concern. It was kind of a big deal in the 70s but that was before the eurodollar system expanded so massively. Does it come from this Diana Choyleva article in the WSJ? 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 15/04/2026Can 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 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/04/2026#hormuz Here is my Strait of Hormuz Total Nerd-Out : open.substack.com/pub/dlawbail...open.substack.comTotal Strait of Hormuz Nerd OutA summary of the 'kinetic" reality of economic operation of the Strait 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/04/2026#hormuz Here is my Strait of Hormuz Total Nerd-Out : open.substack.com/pub/dlawbail...open.substack.comTotal Strait of Hormuz Nerd OutA summary of the 'kinetic" reality of economic operation of the Strait 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/04/2026#hormuz Here is my Strait of Hormuz Total Nerd-Out : open.substack.com/pub/dlawbail...open.substack.comTotal Strait of Hormuz Nerd OutA summary of the 'kinetic" reality of economic operation of the Strait 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/04/2026#hormuz #econsky Here is my Strait of Hormuz Total Nerd-Out : open.substack.com/pub/dlawbail...open.substack.comTotal Strait of Hormuz Nerd OutA summary of the 'kinetic" reality of economic operation of the Strait 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/04/2026#hormuz #econsky Here is my Strait of Hormuz Total Nerd-Out : open.substack.com/pub/dlawbail...open.substack.comTotal Strait of Hormuz Nerd OutA summary of the 'kinetic" reality of economic operation of the Strait 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 03/04/2026I'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 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 02/04/2026Musk just has to keep lying to produce clicks and pump his stocks. I just can't help thinking that there is a financial necessity behind this. I can't help thinking he is borrowing cash against shares and pumping it back into his companies. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 31/03/2026The housing supply is not going to rebuild itself. Is it TDS or is the economy really headed for the rocks? 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 31/03/2026Professor El-Erian, Would you estimate that about a 1.7% U.S. growth rate 6 months out with a confidence interval of about 1 standard deviation is about right? Asking on behalf of Google Gemini. 😊 #econsky 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 31/03/2026Yeah, but it hasn't sunk in. When those mariners start abandoning ship, it's going to dawn on people how bad this is going to be. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 31/03/2026Now imagine if Iran warned ships at anchor, which are very bunched up, that it was going to attack commercial shipping. They then warn mariners to abandon ship and encourage the Gulf states to send rescue vessels. Shipping companies would have no choice but to order crews off their boats. 110
dlawbailey.bsky.social @dlawbailey.bsky.social · 18/03/2026For 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 130
dlawbailey.bsky.social @dlawbailey.bsky.social · 10/03/2026Yet 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 100
dlawbailey.bsky.social @dlawbailey.bsky.social · 20/02/2026Imagine if they just sent the IRS the receipts and deducted the tariffs paid from their tax bill. Let the IRS try to sue to claw back illegal taxes. #econsky 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 20/02/2026The importers should just deduct the tariffs paid from their tax bill. Pass it on. #econsky 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 20/02/2026If 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 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 16/12/2025Now it's just a question of when and where a collateral crisis starts. #econsky 020
dlawbailey.bsky.social @dlawbailey.bsky.social · 16/12/2025Are 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 110
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025Having an opinion about an opinion on opinion-drive social media is not "judgemental". I was trying to make the point that you can be an atheist without being inappropriate and while keeping your heart open to believers - maybe *because* because rather than in spite of the fact they're wrong. 100
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025He said some unfortunate, harmful things. He said them in a free society. I can't help thinking of his parents, his wife and his little kids. I'll think about politics tomorrow. I grew up in a suburb of NYC. What haunted me were the school kids waiting for rides that never came and never would. 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025You see, this is very tough, but fair. I for one think tomorrow would have been a better time but I get it. Personally, I think of nothing but his wife and kids right now. That's me as a dad. My other emotion is fear and horror at what this might be a catalyst for. We all need eloquence now. 020
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025Bluesky! Do the words "now is not the fucking time" have no meaning over here? Because they don't mean shit over on X. You think our hate is going to win over their hate? I think they're a little more hateful than we are. I also think we stand for something a little better than they do. 110
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025Thanks Tim and Sarah for typically thoughtful words. Thanks to all the Never Trump Republicans for reassuring us Progressives that politics and ideology are not a trap if you live your values and have an open heart. 040
dlawbailey.bsky.social @dlawbailey.bsky.social · 11/09/2025Again, I'm an atheist. I'm also pro-choice. Of course I see the negative effects of religion. The trick is to use your atheism to inform, not negate. Humility is important. Compassion is crucial. Love is essential. They're needed for our moral evolution, not because a religious chimera says so. 110
dlawbailey.bsky.social @dlawbailey.bsky.social · 10/09/2025Ok, then you understand enough to stop arguing against every notion of God. A personal God isn't actually there. Again, so what? You and I already know this. In these times, try to see the reality of the positive and entirely human impulses people are trying to express through the idea of God. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 10/09/2025Honestly. There's a difference between telling someone what to do and a more experienced person trying to give a less experienced person the benefit of his insight. Do with it what you will. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 10/09/2025As an atheist myself I am really ashamed of your comment. Now is not the time. A young father has been murdered. People are not wrong to reach out for order and comfort. You and I know a personal God doesn't exist as such. So what? "God" is another name for the most human and decent impulses. 000
Reposted by @dlawbailey.bsky.socialPatricia @patriciasays.bsky.social · 09/07/2025The same reason the Epstein men who raped little boys and girls were ignored by FBI and all Republicans 232
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/09/2025Epstein was a lifelong liar, known crook and big spender who claimed he made $40 million on Wall Street. For the numbers and secrecy to make sense, I think he must have offered an offshore hedge fund using the most aggressive secrecy and tax-avoidance strategies - and stole from clients. $econsky 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/09/2025I think the answer must be that Epstein made his money helping hide rich people's assets offshore and probably stealing from or generally cheating a portion of his clients. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/09/2025Question 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 141
dlawbailey.bsky.social @dlawbailey.bsky.social · 05/09/2025Gary Stevenson should be a special advisor to the Democratic party. 000
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? 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025Imagine the kompromat if the Russians assassinated Ivana. 010
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025BTW, I have been suspicious about Ivana's death from the first. It just looks too much like a Russia special. 121
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025Congresswoman, would you please call for #EpsteinHearings ? As a constituent, let me assure you we would be overjoyed. 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025#EpsteinHearings are the way to get the information out! 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025How about Epstein Hearings Epstein Hearings Epstein Hearings Epstein Hearings #EpsteinHearings !? 000
dlawbailey.bsky.social @dlawbailey.bsky.social · 12/08/2025Great suggestions. There are so many angles that can be covered by #EpsteinHearings . They just need to be called. 110
