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Paolo Bernardi

@paolobernardi.bsky.social
1.4K followers 1.1K following 3.8K posts

“Only time can heal what reason cannot.” Seneca Neminem Laedere Environment Economy International policies Energy Agriculture Human and Animal Rights Allergic to dictators Never advice

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Reposted by Paolo Bernardi
ChrisO_wiki @chriso-wiki.bsky.social · 16h
1/ Russian sources expect that as well as purchasing Russian oil and diesel, Donald Trump will provide Russia with spare parts to repair the refineries damaged by Ukrainian drone strikes. They anticipate that Trump's fuel deal will lead to a Russian victory. ⬇️
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Travis @coloradotravis.bsky.social · 21h
Did we randomly destroy global energy logistics? Maybe. But at least we’re handling the important issues.
Changing AIforce to SIforce to appease the mad king
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The Associated Press @apnews.com · 09/10/2026
BREAKING: President Trump establishes a committee to investigate Federal Reserve governor Lisa Cook in his latest effort to fire her.
bit.ly
Trump establishes committee to investigate Federal Reserve's Lisa Cook in latest effort to fire her
President Donald Trump opened another chapter in his effort to fire Federal Reserve Governor Lisa Cook Friday by establishing a “committee of inquiry” to investigate allegations that she made false statements in mortgage applications.
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Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 08/10/2026
Was an honor to speak to Marketplace on NPR this morning about my piece on AI-driven arts job loss & what it means for creative industries. Give it a listen! www.marketplace.org/episode/2026...
marketplace.org
What AI is doing to jobs in creative fields
An analysis by writer and economist Joey Politano found that the U.S. has lost more than 200,000 jobs in creative industries over the last four years.
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The Insider @theins.press · 09/10/2026
MEPs linked to Russia oppose European Parliament resolution declaring Russia’s new State Duma illegitimate Some of the MEPs, like Czech politician Ondřej Dostál, traveled to Moscow after being invited by a foundation tied to the GRU, while others met with Russia's foreign intelligence chief.
theins.press
MEPs linked to Russia oppose European Parliament resolution declaring Russia’s new State Duma illegitimate
The European Parliament has adopted a resolution refusing to recognize Russia’s State Duma as a legitimate representative and legislative body. The measure…
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Noah Hurowitz @noahhurowitz.bsky.social · 21/09/2026
A disturbing new form of family separation: An Iranian couple fled their homeland after twice being arrested for converting to Christianity. Liam was granted asylum in the U.S., but his wife Hannaneh was denied, and has been locked up ever since theintercept.com/2026/09/21/a...
theintercept.com
Immigration Roulette: Husband Granted Asylum, Wife Locked Up Awaiting Deportation
An Iranian couple seeking refuge in the United States faces a cruel new form of family separation.
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Paolo Bernardi @paolobernardi.bsky.social · 09/10/2026
www.bloomberg.com/news/article... 🎁
bloomberg.com
SpaceX Announces Spectrum Deal for Starlink Mobile Phone Service
Elon Musk’s SpaceX said it acquired low-band spectrum that will enable it to use its Starlink satellites to become a “major mobile carrier” in the US, sending shares in incumbent cell providers fallin...
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Paolo Bernardi @paolobernardi.bsky.social · 09/10/2026
Awful www.wsj.com/us-news/an-a... 🎁
wsj.com
Arizona Congressional Candidate Says She Was Raped While Fixing Campaign Signs
Bernadette Greene-Placentia, who is running for a seat in the U.S. House, filed a report with the Maricopa County Sheriff’s Office.
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Reposted by Paolo Bernardi
DJ "Jo" NoneYa 🟧 @djnoneya.bsky.social · 08/10/2026
ms.now
Trump administration refuses international election monitors for first time in over 2 decades
The decision not to invite observers from the OSCE puts the U.S. alongside Russia and Belarus, while the Justice Department prepares to deploy its own poll monitors.
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Reposted by Paolo Bernardi
Jo Michell @jomichell.bsky.social · 07/10/2026
In universities across the country this week, Lionel Robbins' definition will be rolled out for the start of introductory economics courses. Joan Robinson's observation about its timing will probably receive less attention. www.jstor.org/stable/18215...
In 1932, Professor (now Lord) Robbins
published the famous essay in which he
describes economics as the subject that
deals with the allocation of scarce means
between alternative uses. No doubt this
was the expression of a long tradition but
the date of publication was unlucky. By
the time the book came out there were
three million workers unemployed in
Great Britain and the statistical measure
of GNP in U.S.A. had recently fallen to
half its former level. It was just a coincidence that the book appeared when means for any end at all had rarely been
less scarce.
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Paolo Bernardi @paolobernardi.bsky.social · 06/10/2026
CRITICAL. Drones attacked 2 (Turkish) cargo vessels in the Bulgarian corridor of the Black Sea. One sank, the other one disabled. Putin escalating toward Europe; at starting Ukraine occupation he clearly stated his intentions.
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Shipwreck @shipwreck75.bsky.social · 03/10/2026
🤔 U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies www.nytimes.com/2026/10/03/u...
nytimes.com
U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies (Gift Article)
President Vladimir V. Putin brought up a sale of Russian energy assets with President Trump’s envoys, Jared Kushner and Steve Witkoff, pushing a deal that raises new questions about conflicts of inter...
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Paolo Bernardi @paolobernardi.bsky.social · 30/09/2026
Imagine being a tech company and your streamed conference call is not working because connection is deemed unsecure...
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Paolo Bernardi @paolobernardi.bsky.social · 28/09/2026
NVDA announced buy back is 1.2 times NI LTM, already inflated by equity stakes gains on other AI investments. It seems very different structurally than AAPL’ one. AAPL buyback is ex-growth, with no customer-financing book, at 2% coupons. NVDA is doing it while underwriting its own demand. ⤵️
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Scott Horton @robertscotthorton.bsky.social · 24/09/2026
Jan-Werner Müller: "Many people in the United States have come to understand how voices from the center—supposedly moderate by definition—can in fact strengthen right-wing extremism. Perhaps the mistakes observed in America can still be avoided in Europe." Precisely. www.faz.net/aktuell/feui...
faz.net
Wie die vermeintliche politische Mitte den Rechtsextremismus stärkt
„Das hilft doch nur den Rechten“: Mit dieser Losung kritisierten liberale politische Theoretiker die vermeintlichen Exzesse des Bürgerrechtsschutzes. Ihr reaktionärer Zentrismus hat selbst nur den Rec...
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Shipwreck @shipwreck75.bsky.social · 26/09/2026
Strait of Hormuz flows are hovering at ~13-14 million barrels a day (7-day average). That's about the same as the brief peak in July. But with two notable difference: a) Iranian flows are zero (rather than ~2m b/d); b) all flows are fresh loadings, rather than pre-loaded tankers.-Bloomberg
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Paolo Bernardi @paolobernardi.bsky.social · 26/09/2026
I am sorry… WUT?
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Travis @coloradotravis.bsky.social · 25/09/2026
People are apparently considering wearing something made by Meta made on their face. Incredible.
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Paolo Bernardi @paolobernardi.bsky.social · 24/09/2026
$ORCL balance sheet is fragile and its revenue is concentrated in one unprofitable company. If they go down companies that have recorded revenue stretching GAAP rule, recognizing as sales today sales that are spanning 5 years period, plus the circular financing ones, are in big trouble.
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Michael Pettis @michaelpettis.bsky.social · 22/09/2026
Bloomberg: "Chinese gold imports through August topped 1,000 tons, surpassing the total posted for the whole of 2025." www.bloomberg.com/news/article...
bloomberg.com
China’s Gold Imports Top 1,000 Tons on Strong Investment Demand
Chinese gold imports are at record levels this year, helped by a slump in international prices and a firmer yuan.
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Paolo Bernardi @paolobernardi.bsky.social · 21/09/2026
Palantir CEO is SNL Fred Armisen Nicholas Fehn… you can’t unsee this 😅 www.instagram.com/reel/DaZMX75...
instagram.com
Instagram
Create an account or log in to Instagram - Share what you're into with the people who get you.
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Reposted by Paolo Bernardi
Monica 🐊🥄🥄 @coccodrillo21.bsky.social · 21/09/2026
🤬🤬🤬
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Paolo Bernardi @paolobernardi.bsky.social · 19/09/2026
China’s path is quite similar to Japan’s. Credit expansion (fueled by land-backed loans) and business activity expansion. Imbalances exported. Credit tightening meant even more exports (but with increasingly diminishing returns). Japan businesses next step was kudos (hollowing out)⤵️
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Shipwreck @shipwreck75.bsky.social · 17/09/2026
A political adviser to the IRGC commander, Mohammad Bakr Zo-Alkadar, said the Strait of Hormuz will remain closed as long as Donald Trump and Benjamin Netanyahu hold power.
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Paolo Bernardi @paolobernardi.bsky.social · 17/09/2026
4.5T ? Is massive and it will be disruptive
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Mediazona English @en.zona.media · 15/09/2026
A food historian who once represented Russia at the World Expo has been handed a hefty prison sentence in a closed-door trial over a 2022 Telegram post about Bucha. He refuses to abandon his anti-war stance en.zona.media/article/2026...
en.zona.media
“Undeniably political”. Celebrated food historian Pavel Syutkin sentenced to 6 years in Moscow over posts against the war in Ukraine
A Moscow court sent prominent Russian food historian Pavel Syutkin who once officially represented the country at a world fair has been sentenced to prison for six years on charges...
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Shipwreck @shipwreck75.bsky.social · 15/09/2026
Denmark summoned the Russian ambassador after a Russian frigate fired two flares at a Danish military helicopter in international waters off Gedser, one passing close to the aircraft. - Danish Armed Forces
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Paolo Bernardi @paolobernardi.bsky.social · 15/09/2026
ICIJ investigation another must read. London' ICBC continued to serve high risk clients including sanctioned Russian and Belarusian business owners. Capital but also non-bank 'services' (similar to a famous Russian bank). "Authoritarian capital, in the end is quite corrosive capital".
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Michael Pettis @michaelpettis.bsky.social · 15/09/2026
3/3 The former is a proxy for GDP and the latter for consumption. When GDP grows faster than consumption, the economy must balance either with a rise in investment or a surge in the trade surplus. In August, fixed asset investment plunged 7.2% year to date, deepening from a 6.7% fall in July.
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Shipwreck @shipwreck75.bsky.social · 15/09/2026
Saudi Arabia has activated early warnings across Yanbu, Taif, Jeddah, Abha and Jazan. Pretty significant fire in distance and numbers tonight.
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Shipwreck @shipwreck75.bsky.social · 15/09/2026
The Houthis launched attacks using ballistic missiles and drones against civilian targets in Khamis Mushait, Abha and Taif. The attacks resulted in 13 civilian injuries, ranging from minor to moderate. Seven houses and two vehicles were damaged.
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Shipwreck @shipwreck75.bsky.social · 14/09/2026
Damaged Saudi oil pipeline reportedly out of service 'several weeks'.-AP
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Paolo Bernardi @paolobernardi.bsky.social · 14/09/2026
🧵(1/7) Watch out for next 10Q from ORCL. June 22nd 10b5-1 has been killed; when adopted was $8.75B; at 7.5B "too undervalued" Larry can't sell ... Ellison has 346million shares (30% of his position) pledged as collateral for personal debt; now is 40B 👀 = the collateral is half the size used to be ⤵️
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Anne Applebaum @anneapplebaum.wsocial.eu · 14/09/2026
Your regular reminder: If the Russians stop fighting, the war ends. If the Ukrainians stop fighting, their land will be occupied, their leaders will be killed, their history and language will be erased, their children will be kidnapped to serve Russia.
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Keubiko 🇨🇦 🇺🇸🏳️‍🌈🏳️‍⚧️🇺🇦 💪 @keubiko.bsky.social · 13/09/2026
At least diesel isn’t used for much.
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Shipwreck @shipwreck75.bsky.social · 13/09/2026
Boris Johnson was aboard the train hit by a Russian drone near the Polish border today, but he's thought to be unharmed - DerSpiegel
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LUBACH @lubach.nl · 11/09/2026
Trump keeps changing his story about 9/11 ! #LUBACH
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Karl Schamotta @karl-schamotta.bsky.social · 11/09/2026
It's hardly a new observation, but with foreign private sector capital flows into the US absolutely bodying the official sector, the "reserve currency" conception of the dollar is increasingly inappropriate. It's a "portfolio" or "funding" currency now, and has been for a while:
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Shipwreck @shipwreck75.bsky.social · 11/09/2026
Saudi Arabian oil pipeline system hit by projectiles triggering fires edition.cnn.com/2026/09/11/p...
edition.cnn.com
Saudi Arabian oil pipeline system hit by projectiles triggering fires | CNN Politics
A key oil pipeline system in Saudi Arabia was struck by projectiles on Thursday, according to two US officials familiar with the matter.
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Paolo Bernardi @paolobernardi.bsky.social · 11/09/2026
not good
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Paolo Bernardi @paolobernardi.bsky.social · 11/09/2026
After today CPI, things I am watching and status
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Anonymous @opdeatheaters.bsky.social · 11/09/2026
Prosecutors in Poland, Norway and Latvia and police in Britain report that the US Justice Department is stonewalling their investigations and has not answered their Epstein evidence requests for over a year. #OpDeathEaters www.yacnews.com/european-inv...
yacnews.com
European investigators report that the US Justice Department has not answered Epstein evidence requests
Prosecutors in Poland, Norway and Latvia and police in Britain report that the US Justice Department is stonewalling their investigations and has not answered their Epstein evidence requests for over ...
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Paolo Bernardi @paolobernardi.bsky.social · 10/09/2026
bigly
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Paolo Bernardi @paolobernardi.bsky.social · 10/09/2026
Yesterday a barrel of oil reached $100 today $109. We are in the scenario B of the report we sent out last Sunday and updated yesterday. It can move quickly up from there. And no matter what tomorrow CPI says FED must hike... Druckenmiller seems having similar views.
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Paolo Bernardi @paolobernardi.bsky.social · 10/09/2026
wow
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Paolo Bernardi @paolobernardi.bsky.social · 10/09/2026
Stan is for a hike. “... members on the Fed who keep saying fed funds rates are restrictive are just ridiculous,” “Given what’s going on in the economy and the capital spending boom and the war for capital, if anything, [bond yields seem] a little low,” giftarticle.ft.com/giftarticle/... 🎁
giftarticle.ft.com
Stanley Druckenmiller says US borrowing costs still ‘a little low’ despite surge in yields
Close ally of Kevin Warsh says Federal Reserve officials who argue rates are restrictive are ‘just ridiculous’
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bisphamgreen.bsky.social @bisphamgreen.bsky.social · 10/09/2026
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Rory Johnston @roryjohnston.bsky.social · 10/09/2026
The most interesting piece of data in this latest monthly OPEC report is a direct communication from Saudi Arabia stuffed in a footnote—Saudi crude **production** cratered through August to the lowest level since 1990.
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Paolo Bernardi @paolobernardi.bsky.social · 10/09/2026
Very good read from prof @pkrugman.bsky.social paulkrugman.substack.com/p/bessent-an...
paulkrugman.substack.com
Bessent and the Bonds
Big talk, but he carries a very small stick
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FinTwitter @fintwitter.bsky.social · 10/09/2026
ECB INTEREST RATE DECISION (SEP) ACTUAL: 2.65% VS 2.40% PREVIOUS; EST 2.65%
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