Rob Larity

[Rob Larity @RobLarity]

@LogicalThesis 1) Content business is collapsing
2) AI training revenues appear bogus

We present the accounting shenanigans here:
https://t.co/GnCHj8z4IK

[Rob Larity @RobLarity]

@LibrariumViews this library has like 9 books in it 🤨

[Rob Larity @RobLarity]

@HenryRothwell all souls oxford !

[Rob Larity @RobLarity]

@born_unicorn duas! obg 🙏

[Doppelgänger @born_unicorn]

@Cog_Inv Boa noite! Quantas obras seriam?

[Rob Larity @RobLarity]

@born_unicorn boa tarde - vc pode enviar as obras para os EU

[David Keller, CMT @DKellerCMT]

#AAII survey this week shows bears > 50% which has been incredibly rare in the last ten years. But look how often it happened in 2008. This could signal a pullback within an uptrend, but I'm concerned that it's more indicating a 2008-like environment.
$SPX $SPY

[Rob Larity @RobLarity]

@adam_tooze @SoberLook Isn’t this just extrapolating the current (linear) trend forward?

[Brad Setser @Brad_Setser]

Right now the United States' extraordinary privilege isn't an especially low borrowing rate. Treasuries yield more than European govvies or JGBs.

The "privilege" is really that the U.S. can borrow from abroad without having to hold a portfolio of low yieldings bonds as reserves

[Yves Smith @yvessmith]

Millennials’ Health Deteriorating, Projected Mortality Rates Higher Than GenX; “Deaths of Despair” a Major Culprit https://t.co/dEU09E14TQ

[Ted Gioia @tedgioia]

Fresh allegations of a ‘Spotify blacklist’ are surfacing, with artists excluded from editorial playlists if their music debuts elsewhere. https://t.co/SusHCbA2HZ

[Erik Torenberg @eriktorenberg]

Money doesn't buy you happiness, but money can buy you time.

And if you spend your time wisely, that time can buy you happiness.

So when we think about wealth distributions & inequality, we should also consider redistribution of time.

h/t @jmonegro https://t.co/AOQiI2VEvZ

[Ben Reinhardt @Ben_Reinhardt]

Strong arguments for why a space elevator might be impossible.

Tear-tinged thanks @mchapiro

[roula khalaf @khalafroula]

Big News (in case you missed it): EIB, largest multilateral lender in the world, will phase out lending to fossil fuel projects by 2021. First time ever natural gas is included.
https://t.co/fqYm7vWErA

[Birgit Schwarz @BirgitMSchwarz]

#Huawei's vision for the future of #African cities: a vision that revolves around surveillance, artificial intelligence and 5G communication networks, creating a world where every movement is tracked, recorded & searchable. @simonallison @mailandguardian https://t.co/wIsjmhoMhQ

[Adam Tooze @adam_tooze]

Coal is back in China’s 14th Five Year Plan 2021-25, as Premier Li Keqiang is emphasizing “energy security” & deemphasizing decarbonization. As @70sBachchan suggests, it is hard not to think of this as spillover from confrontation with the US.
https://t.co/BwAom6JARe

[Rob Larity @RobLarity]

@allstarcharts Pls ask about the 1969 market top - what it felt like at the time. So different from subsequent market tops, which collapsed quickly. 1969 just bled out into inflation.