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Boosted by Dragofix @Dragofix@veganism.social
@gcvrsa@mastodon.social · 2d ago
Every word of Prof. Murphy's presentation here is equally applicable to the US. Nine letters in three acronyms would utterly transform human civilization: #LVT #UBI #MMT. We could do this virtually overnight, if we could just convince people of the truth of how economies actually function. #economics #USpol #LandValueTax #SingleTax #UniversalBasicIncome #ModernMonetaryTheory #taxation https://www.youtube.com/watch?v=GonO5dEpnL8
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@dougiec3@libretooth.gr · 5d ago
" Billionaire Justin Sun, who invested in a crypto project backed by President Donald Trump and his family, filed a lawsuit Tuesday in a California federal court, alleging that his multi-million dollar investment was procured through fraud and the project is now 'on the verge of collapse.' " https://www.yahoo.com/finance/markets/crypto/articles/breaking-billionaire-investor-sues-trump-002052827.html #Crypto #Economics #Billionaires #Oligarchs #Trumps
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@unusual_whales@masto.ai · 4d ago
BREAKING: Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump ​said he would extend a ceasefire with Iran. It is the third ‌time this month, and the fourth in total, that large, well-timed directional #news #finance #economics #stocks #options
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@ChrisMayLA6@zirk.us · Apr 20, 2026
No-one will be surprised that forecasters see a recession looming, not least as the UK has been functioning only just above zero growth for some years - indeed, alongside persistent hints of stagflation, the UK economy was particularly vulnerable to external (economic) shocks, of which those prompted by the US/Israeli attacks on Iran are just the most recent. (for my summary analysis of reasons see next post) #economics #UK #Iran 1/2 https://www.theguardian.com/business/2026/apr/20/250000-could-lose-job-2027-uk-recession-analysis-economy-iran-war
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In reply to
@ChrisMayLA6@zirk.us · Apr 20, 2026
The media will try to blame Rachel Reeves for this looming recession, but the real culprits here are a decade of austerity & the Bank of England! Austerity has depressed (and continues to depress) 'effective demand' across the UK, while the Bank of England's interest rate policy that is predicated on dampening economic activity to 'stamp on' inflationary tendencies has recession as one of its intended results. Its all just the result of decades of economic mismanagement! #economics #UK 2/2
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Boosted by Tim Chambers @tchambers@indieweb.social
@unusual_whales@masto.ai · Apr 15, 2026
BREAKING: A jury has found Live Nation and Ticketmaster to be an illegal monopoly that overcharges fans, per MorePerfectUnion #news #finance #economics #stocks #options
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@gwagner@fediscience.org · Apr 15, 2026
The Iran War has once again led to a bout of what ECB board member Isabel Schnabel memorably dubbed 'fossilflation'. It's en vouge to talk about the solution as some massively complex undertaking. It really isn't. Get off fossil fuels faster. My latest just out @nature@sciencemastodon.com https://rdcu.be/fdxig #climate #iran #us #trump #oil #energy #inflation #economics
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@brainsmatter@mastodonapp.uk · Mar 31, 2026
How Brexit reduced the City of London’s financial clout – new research https://theconversation.com/how-brexit-reduced-the-city-of-londons-financial-clout-new-research-277107 #banking #finance #economics #politics
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Boosted by After-Rh 🫶🥰 @newmodel@shin.mugicha.club
@mac_ack@hidamari.apartments · Mar 28, 2026
Spraying some unleaded regular out on the concrete (for the economy) does anyone know how much I can pump before they cut me off? #gasWolves #Iran #Economics
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@moira@mastodon.murkworks.net · Mar 28, 2026
Just want to talk about this briefly: The oil market doesn't close during the week. Not actually. There's a "close of day" each day which functions as a checkpoint, but it really stays open. It does, however, close for the weekend. This is the first weekend close over $100 in this whole Iran mess. And if you look at the checkpoints, it's also the first _checkpoint_ over $100 during this time. There's been intra-day trading higher, but not a checkpoint or an actual market close. And that's going to be staring people in the face over the entire weekend. Particularly in Europe, which is North Sea rather than West Texas, and even more expensive, at $106.29. (1/5) #OilPrice #economy #economics
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@moira@mastodon.murkworks.net · Mar 28, 2026
And that's before real shortages. We haven't hit that yet. Slovenia made noise for starting to ration fuel purchases a few days ago, but that's not about pure supply, that's about keeping a lid on gas-price tourism within the EU. So we don't have shortages yet. But as strategic reserves draw down, eventually there simply won't be enough oil to meet current demand, at which point only a few things can happen, all of which simplify down to demand destruction. (3/4) (bad at counting lol) #OilPrice #economy #economics
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@moira@mastodon.murkworks.net · Mar 09, 2026
Marketwatch this morning report that overnight's reversal - a stunning leap in oil prices followed by a dramatic drop to merely a significant rise in oil prices - was in fact triggered by reminders of strategic oil reserves held across the G7, which led immediately to talk of _releases_ of oil by those reserves, even though none have been announced. And that stemmed the panic. For context, check earlier in this thread, or for more context, here's a five-day chart. Actual price in oil hit just short of $120/barrel at $119.48 before people got some talking to. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
_Discussions_, apparently. Or a global recession play. Don't know. Or Asian markets locking in as much supply as they can and getting done making certain guarantees. Persian Gulf goes lots of places but a _lot_ of it goes to eastern Asia. I'm looking for news to trigger this reversal but not seeing it. #economics #economy #oil #OilPrice
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@moira@mastodon.murkworks.net · Mar 09, 2026
@david@fouroclockfarms.club It's been bouncing off $116 for a while, either somebody (possibly private) with storage is taking profits or somebody (probably governmental) with storage is buffering the rise. #economics #oil #OilPrice #economy
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@moira@mastodon.murkworks.net · Mar 09, 2026
Asia having "fun" Monday morning - Nikki down almost 7%, Asia Dow overall down 5.7%, everything's an adventure now #economics #oil #OilPrice #StockPrice #AsiaDow #nikkei
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@moira@mastodon.murkworks.net · Mar 09, 2026
A sane US president would be talking about strategic reserve releases _tonight_. But if Shitstain were sane, and if the Republican Party was sane, we wouldn't fucking be here, now would we? #economics #oil #OilPrice #us #UnitedStates #war #iran #fascism #FuckTheGOP #FuckRepublicans #FuckMaga #FuckTrump #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 09, 2026
Y'know, people were talking about $125 a barrel within a week, I wasn't ruling it out but I didn't think we'd be queueing up for it on Monday morning #economics #oil #OilPrice #economy #FuckTrump #war #iran #unitedStates #us #CascadiaNow
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@moira@mastodon.murkworks.net · Mar 07, 2026
Two items to note aftermarket Friday: the VIX and the RSI. It's a good thing (for the markets) that his is a Friday, because while VIX in the 30s is _not_ a panic number, it _is_ climbing into sight of panic number territory. And the RSI of the oil market, well. Of course, all of this is irretrievably interwoven into whatever new batshit insanity news happens this weekend, so. #us #unitedstates #economy #economics #trading #iran #war #news #morons #fools #lunatics #FuckTrump #trump #FuckMAGA
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@MartMichaelis@mastodonapp.uk · Mar 07, 2026
Imagine a world, in which the aim is to make it a better place and not to make money. If we want a better world, we will need to think about an appropriate incentive system. #economy #economics #Democracy #capitalism https://www.theguardian.com/world/2026/mar/06/tory-peer-lord-chadlington-leave-house-of-lords-covid-ppe-deals
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@MartMichaelis@mastodonapp.uk · Mar 07, 2026
Long-term thinking and planning beyond immediate personal gain is unfortunately out of fashion... #economy #economics #capitalism https://www.theguardian.com/global-development/2026/mar/07/uk-stockpile-food-climate-shocks-war
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