Nicholas Bernstein

[Joe Weisenthal @TheStalwart]

Just look at how much everyone likes the prose here and how many people are saying it’s amazing writing. And yes, the answer is yes.

[Mike Beauvais @MikeBeauvais]

I have forgotten loved ones’ birthdays, the names of old classmates and even core memories, but I will always remember that it was on May 30, 2020 - six years ago today - that French DJ David Guetta ended racism forever.

Shoutout to his family.

[Nicholas Bernstein @otto__B]

@TheStalwart

[Pope Leo XIV @Pontifex]

When simulation becomes the norm, it weakens the human capacity for discernment. As a result, our social bonds close in upon themselves, forming self-referential circuits that no longer expose us to reality. We thus come to live within bubbles, impermeable to one another. Feeling threatened by anyone who is different, we grow unaccustomed to encounter and dialogue. In this way, polarization, conflict, fear and violence spread. What is at stake is not merely the risk of error, but a transformation in our very relationship with truth.

[Nicholas Bernstein @otto__B]

@TheStalwart https://t.co/GQWydkgzax

If you’re interested in this kind of thing, I highly recommend this Werner Herzog movie.

[Nicholas Bernstein @otto__B]

@TheStalwart @Havelock_AI This is very cool

[Nicholas Bernstein @otto__B]

@AlexTran677026 @grok explains what’s going on in this scene

[Nicholas Bernstein @otto__B]

TL;dr

[Marginal Revolution @MargRev]

How harmful is the decline in long-form reading? https://t.co/CIY7EafHvL

[Marginal Revolution @MargRev]

How harmful is the decline in long-form reading? https://t.co/CIY7EafHvL

[Nicholas Bernstein @otto__B]

@Mylovanov Have you fact checked these numbers?

Total deaths in Soviet–Afghan War are much higher (when including civilians)

And is 2m really an accurate estimate for Russo-Ukraine?

[Nicholas Bernstein @otto__B]

@Rajatsoni Because that’s the way it works.

[Nicholas Bernstein @otto__B]

@johnpalmer VC is his mother

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

Remember when Xi picked specific tech companies in China to extract money from for the “benefit of the people”, then Chinese tech companies fell to all time low valuations as international investment plummeted in 2023?

That’s how we as Americans view emerging markets as risky investments. We called Xi a communist/socialist dictator. Let’s not make that how intl markets view us!

Do you want your country to be valued like an emerging market, making it more difficult to get financing and start a business?

[Nicholas Bernstein @otto__B]

But the Chinese yuan-denominated revenues will be more valuable on a constant currency basis. And all else equal should make capital investment in China more attractive and apply positive pressure for market liberalization.

[Nicholas Bernstein @otto__B]

The more I think about this whole thing, the more I believe Trump’s agenda is about giving American capitalists access to the Chinese market. Not just our businesses selling to their consumers, but our capitalists owning their businesses.

[Robin Brooks @robin_j_brooks]

Many say today's fall in USD means reserve currency status is crumbling. No! We're in a parallel universe where the US put a 145% tariff on China and China hasn't devalued. China either devalues (USD up 30%) or makes a deal (Dollar up a bit). This parallel universe won't last...

[Nicholas Bernstein @otto__B]

Currency appreciation and dropping barriers to trade is a part of this. And that will make Chinese goods less competitive on the consumer market (and US and other countries’ goods more competitive on a relative basis).

[Tracy Alloway @tracyalloway]

This is a big deal. Wall Street analysts self-censoring their research is never a good thing, especially someone like Mike Cembalest.

https://t.co/R9v5WlRNU3

[Nicholas Bernstein @otto__B]

After the past couple of weeks, there's a little too much ambiguity in the word "exploding" here

[Howard Lutnick @howardlutnick]

The Golden Age is coming. We are committed to protecting our interests, engaging in global negotiations and exploding our economy.

[Nicholas Bernstein @otto__B]

@TheStalwart Question whether this clears out the trade and provides more market room for the next episode of brinksmanship