Interesting Acemoglu, Autor et al paper. Lower birth rates have not reduced growth; they are linked to higher GDP per working-age adult across countries and higher wage growth across US commuting zones. Mechanism: a labor-saving technological response to scarcity of young workers
🚨 TRUMP’S FINANCIAL DISCLOSURE JUST DROPPED…AND IT’S WORSE THAN YOU THOUGHT.
The U.S. Office of Government Ethics released Donald Trump’s 927-page financial disclosure today. Here’s what a sitting U.S. President made in 2025:
💰 $635 MILLION from the TRUMP memecoin, while retail investors watched it crash from $74 to $1.68
💰 $594 MILLION from World Liberty Financial token and stablecoin sales, a crypto venture co-founded with his own sons
💰 $65 MILLION from selling equity in that same company
💰 $80+ MILLION in media settlements from ABC, CBS, Meta, and YouTube, paid to his own presidential library
Total crypto haul: over $1.4 BILLION. In one year. While serving as President of the United States.
His net worth has nearly TRIPLED, from $2.4 billion to $6.3 billion, since taking office.
And while Trump pocketed $1.4 billion from crypto, the everyday Americans who bought his memecoin? They lost. 764,000 wallets ended up in the red.
This is the most corrupt presidency in American history. Period.
GOP relentlessly investigated Biden for potential "influence peddling" activity that took place almost a decade prior. Trump has refused to recuse from his business interests in the second term -- as in, TODAY -- which include God Knows What in every far-flung corner of the globe
To everyone celebrating the first flight on Qatar Force One today, understand what you are actually applauding.
A foreign government handed the sitting President of the United States a $400 million plane. American taxpayers then paid to retrofit it, with an estimated cost of at least another $400 million (some estimates far higher), for security and communications work in a Texas hangar since last September.
When Trump leaves office, the plane does not stay with the government. Ownership transfers to his presidential library foundation. In other words, he keeps it.
You are being asked to treat pure corruption as normal, to shrug at a President personally profiting from a foreign gift the taxpayers paid to upgrade.
In any other administration this would be the scandal that ends a presidency.
With Trump, it’s Wednesday.
https://t.co/qAfVUp8KBd
The UAE–Binance–Trump Affair: A Comprehensive Timeline - from February series, outlining UAE pouring billions into Trump crypto venture, and the pardon in the midst of it all ... https://t.co/8lEnSvP7Ea
Today is the anniversary of the death of Isaac Casaubon in 1614. Casaubon was probably the greatest classical scholar to have ever lived. There is a splendid overview of his life and work by Tom Keeline for
@AntigoneJournal https://t.co/DqFJQhOrXW
The real headline from the birthright‑citizenship case isn’t the outcome. It’s that four Supreme Court justices signaled they believe a president can effectively rewrite the Constitution through executive order.
Ah yes, the funds and "big institutions" that he deliberately never talks to, like the Trump family crypto firm World Liberty Financial, which he set up with his sons, made $800 MILLION from last year (his biggest cash cow), and which the UAE so generously invested in
@chiadegli Nella pausa di un convegno, un relatore ironizzava sul contributo della Germania negli ultimi cento anni: 2 guerre mondiali, la tragedia ottusa della crisi finanziaria del 2008, mai conclusa, e il cieco furore anseatico-mercantilista nel rapporto con la Cina.
Full circle.
🛑🇪🇺🫣 With 1% of global computing power, Europe is a mere grain of sand in the field of artificial intelligence, according to calculations by the GPAI Policy Lab, a French research organization specializing in AI-related security issues. The United States accounts for 86% of this power, and China for 8%. - Les Échos
i thought hunter biden’s corruption was unacceptable and said so at the time.
nothing remotely like what we see from trump today and republicans should not stand for it
A Coinbase executive generously sharing his insider knowledge here
"For those of us who have the luxury of being on the inside all we're seeing is steady growth even if the headlines don't match that"
Bitcoin is down over 50% in 9 months
Levels of grift are OFF THE CHARTS