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mjz1957.bsky.social
Retired; Part Time lecturer @ Columbia; Former Wall St. managing director; UW Badgers, Tufts Jumbos. If I had one of those coat-of-arms doohickies, I'd want the inscription to read: "ubi democratia regnat, vita vincit et humanitas viget." or "mmm donuts
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Back from our trip to Portugal's Algarve - couple of econ-ish notes 1) BYD EVs are available (unlike US) and popular (~20% of our Uber rides were in BYD SUVs) 2) Even with the plunging $, Portugal's still inexpensive 3) It's hotter on the hiking trails than the air-temp indicates - bring water

submitted 5 hours ago • 0 comments

Locally, several Rhode Island cities are part of this Flock police cam network, including Cranston. @riaclu.bsky.social has been warning and lobbying against for several years now.

submitted 2 days ago • 0 comments

Peter Pan had Tinkerbell. We get TACObell

submitted 2 days ago • 0 comments

On again. Off again. On again. Welcome to decision making under uncertainty. #econsky www.cnbc.com/2025/05/29/b...

submitted 2 days ago • 1 comment

submitted 3 days ago • 67 comments

“Nice car company you got here…”

submitted 3 days ago • 0 comments

Yo….Tapper!

submitted 3 days ago • 0 comments

Linda McMahon: "Universities should continue to be able to do research as long as they're abiding by the laws and in sync, I think, with the administration and what the administration is trying to accomplish."

submitted 4 days ago • 2584 comments

Taken on my morning walk: Just a lonely roadside attraction by a construction site in the Algarve.

submitted 3 days ago • 0 comments

For a threat to be effective, it must be credible. #TACO negates all credibility that markets afford the threats. That’s the problem, markets are comprised of dispassionate players, regardless of how he tries to spin it. #econsky

submitted 3 days ago • 1 comment

#econsky #finsky

submitted 3 days ago • 1 comment

There is a world of difference between managing a money market fund (buy lots of very safe very short term assets), and managing a money market in some other moving ‘currency.’ This is NOT a likely dollar “force multiplier,” especially under Trumpian volatility www.cnbc.com/2025/05/28/j...

submitted 3 days ago • 1 comment

One way to read this is that the senate utterly failed to exercise their authority, pro or con. The just pussied out - GOP sens because they’re too scared of Elmo & Trump. Dem sens because they’re too afraid of making non-poll-tested decisions. www.cnbc.com/2025/05/27/m...

submitted 4 days ago • 0 comments

Weird that social media posts promoting bigotry or violence are not disqualifying for politicians. But social media posts criticizing policies of politicians may be disqualifying for student visas.

submitted 4 days ago • 0 comments

Gosplan 2025

submitted 4 days ago • 0 comments

Trump offers Canada imaginary thing in exchange for tangible concessions. Magic-beans-for-sale diplomacy

submitted 4 days ago • 0 comments

Totally humiliating but accurate acronym #TACO #TrumpAlwaysChickensOut Investors may have a rightward lean, but it comes down to what makes money -TACO is seen as easy money

submitted 4 days ago • 0 comments

Accurate..

submitted 5 days ago • 169 comments

The AI argument in a nutshell: “We must protect our IP.” “You must give us your IP.”

submitted 5 days ago • 1 comment

Trump is more a combination of a central planner and Gladys Kravitz

submitted 6 days ago • 0 comments

(Vaguely European narrator voice): The FAFO bird is not normally aggressive, but has the douchenozzle as its natural enemy. When annoyed by the douchenozzle, the FAFO will attack

submitted 6 days ago • 0 comments

www.usatoday.com/story/opinio...

submitted 7 days ago • 53 comments

Wile E. Coyote did not fall, the ground rose to meet him.

submitted 8 days ago • 0 comments

First came the head Central Planner's threat of tariffs on $AAPL. But he wasn't done (his Colace apparently wasn't working this morning). Then came the EU tariff threat: 🤷‍♂️ #Econsky #Finsky

submitted 9 days ago • 1 comment

First $AAPL now the whole EU. It's going to be TACOs for everyone again. #Finsky #Econsky www.cnbc.com/2025/05/23/t...

submitted 9 days ago • 0 comments

Another TACO to be served up soon. #Finsky #Econsky www.cnbc.com/2025/05/22/s...

submitted 9 days ago • 0 comments

Worried about your credit downgrade, America? We've got a solution

submitted 9 days ago • 10 comments

Kristi Noem's attempting to throttle Harvard is a good example of why she should never have been allowed in a position of authority. Most of the Trump administration's mainstays are doubtlessly the ones who in high school, people said "that person should never be allowed to hold power over anyone."

submitted 9 days ago • 0 comments

For decades, the GOP, pundits, and an incredibly lazy press have blamed spending for the increase in debt. Yet the trickle-down trajectory started by Reagan, then taken up by Bush and Trump tells the story. Now the bond markets are telling the GOP, ENOUGH! Will they listen? #Econsky

submitted 10 days ago • 3 comments

This could lead to a potentially catastrophic cascading credibility crisis: If aides pressure one department to alter information released to the public, when do other forms of government releases become suspect? What was unthinkable is becoming a feasible signaling problem. #Econsky

submitted 11 days ago • 2 comments

Outside of WW2 and Covid, spending has remained ~22% of GDP. 3 notable times the GOP has said, let us cut your taxes. But...your tax rates have hardly budged, yet debt to GDP has gone from ~50% to ~120%. It's not spending. Someone sure got tax cuts, and no longer pays for spending, but it wasn't you

submitted 11 days ago • 0 comments

We're at the "let's just fabricate something to release to Americans" stage of the Trump administration.

submitted 11 days ago • 0 comments

Everything is more beautiful as bar time approaches.

submitted 11 days ago • 0 comments

The GOP proposal takes $800 on average from each person in the bottom quintile and gives about 85 times that much to each person in the top 1%. If the crop of currently-elected Democrats can't make hay out of that, then they should just retire.

submitted 11 days ago • 0 comments

Insider trading laws apply to some, but the moral issue of insider trading applies to all. He knows trading on inside information is wrong. He did it anyway.

submitted 11 days ago • 0 comments