How Oil Traders Fueled & Funded the Demise of Gaddafi in the Libyan Civil War 🛢️
How did a British commodity trader completely change the course of the Civil War in Libya and help usher in years of destabilization and endless bloodshed?
To start, we need to talk about commodity trading. Commodity traders wield an enormous amount of power in the world - & we don’t realize it
The gas to fill up our car, the coffee we drink before work, the metals in our phone… all underpinned by a constant international trade
Mar 22 • 6 tweets • 1 min read
Some thoughts after Powell/Fed:
Rates going up and Powell made it clear that they're going to fight inflation tooth and nail (bearish for markets)
Stocks nuked into the close today after Yellen said the govt may not be protecting all bank deposits
With rates going up, we're going to see more things breaks
Banks, but also the next shoe to drop might be commercial real estate. After covid, CRE has become useless - WFH = less people in the office
Office space isn't needed to the degree it once was
Mar 3 • 16 tweets • 5 min read
The CIA has a hedge fund where they invest in high-tech companies...
Why does the CIA have its own investment arm to place large sums of cash in tech firms? How much influence does the agency have over these companies?
Time for a thread 🧵
In-Q-Tel (IQT) invests in companies that can deliver useful technology to the intelligence community. But since it's structured as a non-profit organization, it doesn't need to make money back for outside investors, and is funded by the deep pockets of the "black budget."
Nov 11, 2022 • 13 tweets • 5 min read
🚨Did Epstein's Island truly shut down, or did it just move?
There's a lot of weird shit that is slowly coming out in the fallout of #FTX going bankrupt...
FTX was founded in 2019 and somehow managed to quickly become the biggest name in crypto
Sponsored the MLB and basketball arenas, SBF heavily lobbying members of Congress, his face is all over the place as "the next Warren Buffet"