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davidpickworth.bsky.social
Banker, biker, bee-lover, bullshit hater… None of my comments should be considered as investment advice. Grüße aus Wien 🇦🇹
657 posts 273 followers 219 following
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#EUUS negotiations... “So we’re essentially one [social media] post or one press conference remark away from calamity on three existential issues for Europe: defence, economy and security,” they added. “And that’s why everyone is so tense.” The World is so f**ked.

Looking forward to the next 89 deals (if you count the UK's vague and nebulous MOU as a trade deal) coming in a rush on day 89 of the pause.

Has Trump considered putting the 145% tariff on the COVID virus?

Apparently, according to the stable genius, everything he's doing will reduce the cost of living for the hard working people of America... mortgage rates aren't important because the super-rich pay cash.

Hey @matoxley.bsky.social… were my eyes deceiving me, or did I see a new mass damper in the nose of the #MM93 GP24.9?

Thank goodness for cold weather, dubious tyre performance and arbitrary rule enforcement… it made a procession almost entertaining. Bravo #MotoGP #BritishGP

The Marquez brothers have the luck of the Irish… both crash out but the red flag means they can both restart the race in the normal grid positions.

The Art of the Deal 1. Give him a flying palace (that you can’t sell because it’s a money-pit). 2. Make vague promises of huge investments at some undisclosed point in the future. 3. Build a shoddy 3* hotel with gold fittings and put the Trump name on it.

“China will pay the tariffs” is the Trump 2.0 version of the “Mexicans will pay for the wall”. (Narrator: they didn’t, you did).

Bye bye #Tesla Hello #BYD

Team Trump/Putin won’t like that…

By the end of '23, #ScottBessent hedge fund had lost almost 90 percent of its assets from the peak: Assets had fallen to $577m after reaching a height of around $5bn, according to news reports and regulatory disclosures. Reuters reports that Key Square’s fund lost money in '17, '18, '20, and '21.

The US position, that the EU need to cut tariffs to balance trade, ignores the fact that the EU goods surplus is balanced by the US services surplus. They don't want to talk about these things in the context of overall trade, just the bit that they abandoned 30+ years ago. on.ft.com/3Si4t1D

Social media is basically a handful of influencers with huge follower numbers opining on various subjects, not following anybody back, not reading the responses to their opinions, not interacting... basically not being social. For 99% of users it is an utter waste of time.

Are you trying to tell me that cutting taxes (adding billions to the deficit) and claiming that it will expand the economy whilst simultaneously using tariffs to decouple your economy from international trade and create rampant inflation, isn't the best economic decision the US has ever made?

Meetings with foreign leaders are now just opportunities for the Trump administration to deflect attention away from the crimes they are committing on a daily basis. Nice quip by Ramaphosa about not having an aircraft to donate to Trump. bbc.com/news/article...

Apart from the fact that #NigelFarage #Reform only attended 1 of 42 EU Fisheries meetings when an MEP, UK fishermen sold their licenses to foreign factory ships and #Brexit meant that they cut themselves off from the EU markets who bought the shellfish that UK buyers didn’t want to eat. #OwnGoal