Two things in life are certain: taxes and (tax evasion) scandals by deutsche bank
Emil Huth
@emilhth.bsky.social
Economics at SOAS | Everything Macro-finance, Financial Subordination & Climate justice
Das Lieblingsargument der Befürworter (etwa @suedekum.bsky.social gestern): “Pensionsfonds werden in Infrastrukturprojekte investieren.” In der Praxis, überall: Sie werden in *Private Equity Infrastrukturfonds* investieren. Wozu das führt? In die Infrastrukturhölle, siehe Thames Water. 9/
BT’s pension fund lost £300mn on Thames Water
One of UK’s biggest private schemes wrote off stake in beleaguered utility in 2024
ft.com
raise your hand if you are gen z radicalised by analysis of corporate earning calls ✋
the FT has two pieces on the slow-motion collapse of UK higher ed. 4/5ths of unis are doing voluntary layoffs; 38% are doing compulsory. Meanwhile Britain and its flatlined productivity growth sleepwalks through its unprecedented loss of advanced capabilities www.ft.com/content/8097...
this documentary will be the starting point of getting my German grandpa into critical macro-finance
Daniela Gabor@danielagabor.bsky.social · 3mo agoI grew up watching Arte documentaries and if you ever told me I'd be in one on Money, I'd have laughed incredulously. www.arte.tv/fr/videos/12...
Spent some time in the Uckermark this week, working with a different scenery than usual, preparing also for our course "The Political Economy of the Global Dollar System" with @steffenmurau.bsky.social at the JFK Institute of FU Berlin.
At this point we can only conclude that the German growth model deserves its inevitable oblivion.
Zia Weise@ziaweise.bsky.social · 4mo agoSome jaw-dropping remarks from Germany's Katherina Reiche, suggesting the EU relax its net-zero target: "There is a flexibility we have to get back... If you have strict and rigid goals, you bind yourself, it ends up that you lose industries that you need..." www.politico.eu/article/germ...
Spain's constitution promises democracy at work. Last year, @yolandadiaz.bsky.social convened an expert group to study how to make good on that promise. Lead by @isabelleferreras.bsky.social, we have delivered what is, we think, the highest-level 400-page report on economic democracy out there. 1/2
So Lagarde walked out and “only one person booed, and it was Al Gore” absoLUTE scenes
Katie Martin@katie0martin.ft.com · 7mo ago"The gathering descended into uproar after combative remarks from Lutnick, the people said, with widespread jeering, some guests walking out and appeals for calm from Fink" Literally the only good Davos ever as.ft.com/r/fc8cb382-4...
I'm sure potential international students dont care if they study at a UK-based campus vs some second-tier campus that university has in their home country... what a stupid strategy to ruin one of this country's last profitable sectors www.ft.com/content/a23ce31a-d096-4294-975f-f4e92d12b54a
📣 News from the OBFA-TRANSFORM project 📣 Our Emmy Noether research group is fast approaching its halfway point and we’ve recently received confirmation of funding from @dfg.de for the second project period from 2026 to 2029 🎊 That's why we are launching our new website at obfa-transform.eu
this message is the first thing you see when you open the LSEG terminal today 🫧🫧
maybe if we gave president xi remote access to centrally plan London busses, @averenasour.bsky.social would not be delayed on her way to uni anymore www.ft.com/content/07ec...
STAY F*ING CALM
Financial Times@financialtimes.com · 9mo agoBreaking news: US tech stocks are on course for the worst week since President Donald Trump’s 'liberation day' tariffs rocked global financial markets in April, as concerns rise about the elevated valuations of companies linked to the artificial intelligence boom. on.ft.com/3LykvnP
When the movie about the AI bubble is made, the scene where Sam Altman tells one of his investors to sell his shares after asking Sam how a company with $13B in sales can make $1.4T in commitments will win the actors an Oscar. It’s that absurd yet emblematic of this era.
when are we seeing a course explaining endogenous money and repos to primary school kids? @jomichell.bsky.social on.ft.com/3JKLKLp
