👇Awesome episode. Caitlin works in banking & understands the biz inside & out, and Tom (our resident foul mouthed geopolitical game theorist) & her just have a great dynamic here, switching back & forth btw roles as interviewer and interviewee.

I learned something new:

1/

https://twitter.com/TFL1728/status/1913295988573327657

The Treasury & Fed have a large toolkit to keep the functioning of the US Treasury market liquid & orderly.

A recession & stock selloff could be in the cards (& in many ways is necessary), but there are two huge ways to prevent accompanying bond market dysfunction:

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It seemed like Mark Carney appeared almost out of nowhere & now he’s PM of Canada.

His pedigree is entirely in finance & central banking, both as the Governor of the Bank of Canada, *and* as Governor of the Bank of England.

Why was he installed as Canadian PM?

1/

https://twitter.com/basianotare/status/1899546315685523588

Financial warfare. Here’s a big clue.

Why would Canada announce issuance of USD-denominated bonds, and why now?

It has to do with the tariff wars, Trump’s fight to disengage the US from Europe & the Ukraine conflict…

2/

The @nytimes’ @zeynep has long blocked me because frankly, I’ve been beyond brutal in my criticism of her - & rightfully so.

Since then, along with multiple excellent articles by @thackerpd, @michaelpsenger, & @KelleyKga, she’s been fully & unflatteringly exposed.

1/ Since then, @zeynep, w/ zero formal training or experience in the biomedical science she’s set her sights on yet another area where she can go ahead & cosplay as a biomedical scientist - so-called “Long COVID” research.

Her current feed is littered with tweets like this:

2/

This headline is blatantly Orwellian, but got me to thinking about classic, leftist-affiliated Frankfurt school “critical theory” (or it’s modern - day racialist offshoot, CRT) which @PhilWMagness I heard once offhandedly label as “magic decoder ring” political philosophy.

1/ Meaning, as long as you possess the proper elite academic training, obscurantist verbiage, & elite institution publication history, you too can see ubiquitous evidence of your favorite malevolent force wherever you look - in CRT, “white supremacy,” no matter where you look:

2/

I recently tweeted about the mass proliferation of what @ConceptualJames has dubbed the “intersectionality aesthetic” in art - it’s literally everywhere now.

It eliminates individuality & turns us into just bland racialist caricatures.

1/

newdiscourses.com/2021/08/onlysu… This is a great article one of my followers just tweeted (the website is horribly formatted but it’s well worth reading).

This style is called, apparently & appropriately “globohomo” - as in “globally homogenized art style.”

thegrandgeekgathering.com/its-not-just-y…

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I mean this analogy to be deliberately scary.

Ppl forget in 1994 that in Rwanda, nationwide political mass-murder took place, committed w/ machetes & blunt instruments.

Was fueled by government media (largely radio).

Asked ChatGPT & it provided a pretty good explainer:

1/ Since Trump, & the largely unified reaction of media, government, & civil institutions against him (which resulted in his defeat in 2020), we’ve seen increasingly extremist rhetoric characterizing conservatives as “fascists,” “Nazis,” & even promoters or “genocide.”

2/

Egaz Moniz was a Portuguese neurologist famous for innovating & popularizing the practice of prefrontal lobotomy - severing or destroying parts of the frontal lobes - as treatment for severe mental illness such as schizophrenia.

1/ By the 1960s, the practice became wildly popular, owed in large part to the efforts of psychiatrist Walter Freeman, who despite having no surgery training, travelled the US promoting the practice (w/ his own efficient procedure using an ice pick) in a garish van.

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