Lenín Navas

Coffee comes first, everything else comes later, no exceptions.
Peace and Conflict

[Lenín Navas @LeninNavasG]

C'est la vie

[Lenín Navas @LeninNavasG]

@FEscrutinio Felipe los asesores más cercanos del candidato en Sachsen-Anhalt eran directivos de una organización neonazi prohibida que pintaba esvásticas en las mejillas de niños y cantaban canciones de las juventudes de HItler, y así varias cosas. Particularmente en este estado, es real.

[Vincent Artman @geogvma]

There’s a weird inversion happening in sections of the “anti-imperialist” left, wherein what was once couched as solidarity with “the people” is instead being invested in repressive state apparatuses—we see this in Iran; in Venezuela; in Syria; and elsewhere. /1

[Lenín Navas @LeninNavasG]

@PatriciaNPino Sanctions didn't help, of course, but you are being simplistic in your analysis, you only has to check the statistics to see that the collapse was not caused by US sanctions. Also as anecdotal evidence, the worst part of the crisis was before sanctions, 100%.

[Lenín Navas @LeninNavasG]

@PatriciaNPino Hi, the collapse of the venezuelan industry and economy started way before the sanctions. The venezuelan economy was less diversified after Chavez government, not more. The economy was affected by an overvalued currency, mismanagement and corruption.

[Lenín Navas @LeninNavasG]

@bobWaltzer @AnalyticaCamil1 Hi, she spoke yesterday from Venezuela in a room along with ministers, she's definitely in Caracas.

[Lenín Navas @LeninNavasG]

@AnalyticaCamil1 This is actually a very good summary

[Juan Pablo Guanipa @JuanPGuanipa]

Hoy injustamente preso, pero nunca derrotado.

¡Viva Venezuela Libre! 🇻🇪

[Javier Blas @JavierBlas]

The sound of the global economy slowing down.

It's better known as a Formula One team, but Hass is also one the world's top-10 machine tools companies, crucial to build new factories. It's now warning of a "dramatic decrease" in new orders from both US and foreign customers.

[Josh Barro @jbarro]

The S&P 500 is still down 14% from its peak in February due to the president's antics and his supporters are talking about him like he's a genius because it's not down 20%.

[Michael Thomas @curious_founder]

The manufacturing boom that started under the Biden administration is grinding to a halt under Trump.

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

Trump is preventing the reindustrialization of America with his dipshit policies

[Cullen Roche @cullenroche]

Just to summarize what’s happened in the last few weeks:

They concocted this whole thing based on a fundamental misunderstanding of the global economy. They think manufacturing jobs will come back (they won’t). They think free trade made us poor, when it actually made us rich. They think the current account deficit is unsustainable when it’s a rounding error in our aggregate net worth and also accretive to our net worth. They think being the reserve currency is bad when it’s a sign that everyone wants to do business with us. And they think poor foreigners were taking advantage of us when we’re the richest economy in human history.

And to "fix" all of these "problems" they implemented the one policy idea that almost every economist alive says is bad.

And then when they implemented that idea they misunderstood the math behind the rationale and came up with numbers that were irrationally huge. So they had to backpedal.

And when bond yields moved a tiny bit higher they panicked and "fixed" all of this by making the numbers slightly smaller, but they clearly hadn't done the math again because the numbers are still way bigger than any economist would ever recommend they be. Then they patted themselves on the back because of intraday moves in stocks while an economic hurricane continues to barrel towards us because they have no idea what they’re doing.

Amazing stuff.

[Crémieux @cremieuxrecueil]

You don't need "affordable housing projects", you just need to build.

You don't need "rent growth caps", you just need to build.

You don't need "rent control", you just need to build.

[ian bremmer @ianbremmer]

big day for dictators with territorial ambitions

[Jaime @DragonLadyU2]

En Washington parece que se han olvidado que gran parte del poder estadounidense depende en gran medida de un enorme tejido de países amigos que, entre otras cosas, facilitaban su proyección militar a cambio de ciertas cosas. Aquí nada era gratis. Si cambia la ecuación, pues…

[Javier Blas @JavierBlas]

The Ukrainian government has sold US President Trump a bridge:

“Ukraine would contribute 50% of proceeds from the “future monetisation” of state-owned mineral resources […] It excludes mineral resources that already contribute to Ukrainian coffers”

https://t.co/93Vi7BqZlq

[Lenín Navas @LeninNavasG]

@RobertoStekman5 Sabía de su existencia, pero no me había tomado el tiempo de revisar su material. Ahorita estoy viendo el documental que tienen de MPJ. Genuinamente me alegra que haya más debate histórico, y si hacen falta ideas venezolanistas en estos días.

[ian bremmer @ianbremmer]

this week’s economist,
on point

[Michael Weiss @michaeldweiss]

All crises are opportunities. Here is Europe's. Some leaders are beginning to see it.

[Lenín Navas @LeninNavasG]

This post really hurts

[Blume Industries CEO Balding 大老板 @BaldingsWorld]

So since so many Europeans and US Galaxy Brains are worried about Trump caving to Russia and Europe not being at the big boy table, let me give my European friends some advice on how you could flip the table, gain leverage, and become a player again:

1. Massive arms package to Ukraine including flooding the zone with the most advanced weaponry.

2. Make public multilateral statement that no matter what the US does, Europe will work with and aid Ukraine in its defense against aggression of sovereign borders

3. Layout a path to European Union membership that includes the full Ukrainian borders

4. Deployment of individual European state forces to Baltics and other similar states for training and assistance purposes

All of a sudden, Europe has blown up anything Trump has done and forced his hand making any deal he strikes with Putin irrelevant.

I doubt Europe will do anything but issue a press release promising to create a committee which will explore the issue and form another committee to write a white paper. However, if you want to be relevant, do something like this