Ranjith Kumar

Follow ur instincts, it ll take u places!!

Entrepreneur | Public speaking | Finance | Politics | Indic love

[Ranjith Kumar @ranjith_ronji]

Seriously @DrSJaishankar @MEAIndia?? This is how Indians are treated by Indian embassy?
https://t.co/OGJeXulReX

[Ranjith Kumar @ranjith_ronji]

@robin_j_brooks India’s growth momentum has been one of the brighter spots in EM, so curious to see where it slots in. Looking forward to the updated table and your Substack take.
Keep up the great analysis!

[Ranjith Kumar @ranjith_ronji]

South India doesn’t forget. And South Bangalore is watching. @INCIndia
@siddaramaiah @DKShivakumar @RahulGandhi where are your voices?
@BJP4India @narendramodi @AmitShah dividing India will only harm BJP in long run this might be a great tactical move, but a disastrous strategy

[Ranjith Kumar @ranjith_ronji]

#Delimitation Row: @Tejasvi_Surya https://t.co/NKgp2mdjkS

India doesn’t need a North-South war. It needs smarter institutions.
Implement women’s reservation NOW on existing seats. Delink it from delimitation entirely.

[Ranjith Kumar @ranjith_ronji]

They vote for development. They expect representation in return.
U stood in parliament and defended a delimitation design with no statutory protection for states like Karnataka.
That’s not serving constituency. That’s serving your party over ur people.

[Motilal Oswal @MrMotilalOswal]

Weekend Reading #463

[Ranjith Kumar @ranjith_ronji]

@cryptopunk7213 @Restructuring__ But he was trusted with $225m. Not everyone gets to start there.

[Ranjith Kumar @ranjith_ronji]

@Restructuring__ Y don’t u find similar European companies?? For case study, I usually see USA based.

[Elon Musk @elonmusk]

The balance of power is changing

[Ranjith Kumar @ranjith_ronji]

@Restructuring__ I’m curious, why would someone choose to use something outside of Claud in Excel? I’m sure claud can handle the exercise described quite easily, and I don’t have to pay extra for it.

[Ranjith Kumar @ranjith_ronji]

@getcompoundai How’s this different from excel in claud?? Any reason why I shld buy this product rather just use my $20 sub to build my models??

[Ranjith Kumar @ranjith_ronji]

@insharebazaar I’m curious if you’re an Indian investor looking to take a speculative or hedging position, or simply seeking upside exposure. Since we’re all bullish, but there aren’t any instruments available to get exposure, I’m wondering how you’d approach this.

[Ranjith Kumar @ranjith_ronji]

@peterfuller23 Launch

[World updates @itswpceo]

Breaking:

🇮🇳Indian women hold more Gold than 15 countries combined, as per new data.

- 🇮🇳 Indian Women: 34,600 tonnes
- 🇺🇸 USA: 8,133 tonnes
- 🇩🇪 Germany: 3,350 tonnes
- 🇮🇹 Italy: 2,452 tonnes
- 🇫🇷 France: 2,437 tonnes
- 🇷🇺 Russia: 2,330 tonnes
- 🇨🇳 China: 2,304 tonnes
- 🇨🇭 Switzerland: 1,040 tonnes
- 🇯🇵 Japan: 846 tonnes
- 🇮🇳 India: 880 tonnes
- 🇳🇱 Netherlands: 612 tonnes
- 🇵🇱 Poland: 543 tonnes

[Kathleen Tyson @Kathleen_Tyson_]

Rumours first circulated last month Europe and UK had threatened to liquidate US Treasuries as a 'nuclear option' if Trump does a deal with Putin to end the Ukraine war against European interests. The rumour is back as potential retaliation for invading Greenland.

If true, it reveals how badly advised European 'leaders' are.

They massively underestimate what is practical or legal once again.

1. Total holdings of US Treasuries as FX reserves by the Bank of England, Banque de France, and German Bundesbank total approximately $550 billion of the total $1350 billion Treasuries owned within the three states. They cannot order liquidation of over $800 billion commercial bank and asset manager holdings. US Treasuries are the principal form of global margin and repo collateral keeping Europe liquid in global capital markets.

2. State leaders lack the authority to order central bank liquidation of specific FX reserve assets. Central bank independence over monetary and reserves policies is a fundamental choice of modern economies. I can't see any central bank asset manager agreeing to accept a liquidation order or state intervention in asset management policies, absent explicit divestment sanctions being imposed on USA.

3. The 3 top central bank holdings are just 1.4% of the total $38.6 trillion of US debt, so roughly 1/70th.

4. US could take the hit much better than Europe could withstand retaliatory selling of gilts, bunds, and tresors! The potential for blowback in European rates and volatility is massive, systemically disruptive.

5. Higher rates with fiscal dominance would severely impact sustainability of debt finance and fiscal expansion in Europe. The Daisy Chain policy of mutual buying of debt as official reserves is all that has kept G7 bond markets from failing since 2022.

6. The $550 billion couldn't be sold off all at once as no US dealer would do the liquidation, worrying about angering the New York Fed and the very poor liquidity and capacity for onward trading in today's massively over-concentrated and illiquid UST market. (The Silicon Valley Bank failure to liquidate its Treasuries reserves triggered a massive crisis and bailout in March 2023.)

7. Selling off longer tenor US Treasuries means accepting huge losses in realised proceeds relative to par value on bonds acquired at near zero rates a few years ago.

Like the threatened EU expropriation of the official reserves of the Central Bank of the Russian Federation in anticipation of Trump ceding the assets back to Russia (always inevitable when war ends), European leaders show a fundamentally flawed understanding of the world’s capital markets and their influence.

Anyone in officialdom seeking better advice on global capital markets should get in touch. Reasonable rates.

[Ranjith Kumar @ranjith_ronji]

@recap_david Agent