Ted 🇨🇦🇺🇦

Lawyer and humble student of history. Advocate of freedom and democracy.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

https://t.co/PW8kk1qILK

[Garry Kasparov @Kasparov63]

We are witnessing, literally watching live, Putin commit genocide on an industrial scale in Ukraine while the most powerful military alliance in history stands aside. It's impossible not to be emotional, but let us also be rational and focus our rage on the facts. 1/13

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@MPelletierCIO By propping up real estate they prop up the banks. Canadian banks, stuffed full of mortgages, are not the symbols of stability that they get credit for. A property bust ends with zombie banks. A problem for a number of countries

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

This post is spot on. 👇

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@MPelletierCIO Pal’s promotion of BTC is wonky but this post (and his) are spot on.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@Brad_Setser Over the past 2 decades, growth of auto sales in China required VW and other German auto manufacturers to increasingly transfer knowledge and technology. That tech transfer is now coming back to bite unfortunately.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@haugejostein Time to get off the pro totalitarian CCP koolaid. Deindustrializing the West is central to Xi’s aim to undermine the West’s resilience. The CCP also regularly paints the West as its adversary. So none of this was some kind gesture.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@texasrunnerDFW Compliments of the Nixon shock. Probably $12-18k in 1970. Monetary policy matters, a lot.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@haugejostein Xi has turned China hard left Leninist, increasingly intimidates Asian neighbours and is positioned to invade Taiwan. Take off your rose coloured goggles.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@DrJStrategy Wait for midterms. After that the war likely continues. Don’t pretend that that this cease fire is somehow permanent.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@RealRickRule The good news: not much room left for direct taxation increases. The bad news: much more indirect taxation to follow.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@Mayhem4Markets @BeliefInvest Oops

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@zerohedge Mistakes happen. Just ask former Fed Chairs.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@Mayhem4Markets Dilution in exchange for becoming a state owned enterprise

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@S_Mikhailovich Measures of inflation will depart further from measures of reality.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@adamtaggart Iran war will very likely rekindle after midterms with the expected consequences unfolding. Cease fire is not peace. The regime will not stop until stopped.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@chasedownleads @NickNemo17 Must be sarcasm. This is the poster child of how crypto is a con

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@Silver__Santa US government can technically afford higher nominal interest rates if inflation continuously exceeds them; this creates negative real interest rates that shrink the real value of existing debt at expense of savings and purchasing power.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@DonDurrett Seems like the Art of the Steal

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@maria_avdv stay safe

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@elerianm We are in the later stage of a fiat credit monetary system, where debts & deficits are so large that the entire system is more fragile & unstable. To raise rates by much would risk triggering collapse & insolvency. So the cost of mean reversion grows along w/ the bubble.

[Ted 🇨🇦🇺🇦 @TedSumAtHome]

@RosannaInvests @intlmandotcom Over time, this system becomes ever more fragile and financially unstable. Money supply & credit bubbles form ever larger, while consumer purchasing power is further sacrificed at the altar of a fiat credit system in which the cost of mean reversion grows along w/ the bubble.