Paul Langley
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paullangley.bsky.social
Paul Langley
@paullangley.bsky.social
3K followers 1.8K following 280 posts

Prof. Economic Geography, Durham, UK.
Managing Editor @econsocjournal.bsky.social
Finance, money, FinTech, and more.
https://www.durham.ac.uk/staff/paul-langley/

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Economics 63%
Political science 15%
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paullangley.bsky.social
Paul Langley @paullangley.bsky.social · Oct 20
Co-authored with @andrewleyshon.bsky.social for a forthcoming special issue of @finandsoc.bsky.social, this essay takes Elon Musk's planned FinTech makeover of X as a provocation for a critical analysis of so-called 'embedded finance' and the evolution of FinTech
www.cambridge.org/core/journal...
Embedded finance and FinTech disappearance | Finance and Society | Cambridge Core
Embedded finance and FinTech disappearance
www.cambridge.org

Reposted by Alison Phipps, Pauline Stafford, Catherine J. Frieman , and 1 more

felicitycallard.bsky.social
Felicity Callard @felicitycallard.bsky.social · 14h
“exiting the market”
In the next category down, where the OfS is concerned about the risk of exit within 12 months, Lapworth said there are currently seven large and 17 small institutions. "That's us being conservative so we are on the right foot and engaging...we're not saying they are going to exit in a disorderly way," Lapworth said. "I'm confident we understand what's happening in those situations." In a third category for providers with a two-to-three-year risk of exit, Lapworth said there are 26 institutions. "The pattern generally is that the smaller ones are those that we're more worried about than the larger ones," Lapworth said.

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 16h
UK universities sinking faster than expected under the weight of contradictions that are too many to list on a standard SWOT form

Reposted by John Hogan

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 1d
Show me a major US company that isn't like Enron. The financial tail wags the dog of US corporations and private equity owned firms
carlquintanilla.bsky.social Carl Quintanilla @carlquintanilla.bsky.social · 1d
In the memo, “Nvidia also responds to claims that the ‘current situation is analogous to historical accounting frauds (Enron, WorldCom, Lucent) that featured vendor financing and SPVs [special purpose vehicles.)’”

@barrons.com $NVDA
@firstadopter.bsky.social
www.barrons.com/articles/nvi...

Reposted by John Hogan, Patrick Stokes, Paul Langley

carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 1d
In the memo, “Nvidia also responds to claims that the ‘current situation is analogous to historical accounting frauds (Enron, WorldCom, Lucent) that featured vendor financing and SPVs [special purpose vehicles.)’”

@barrons.com $NVDA
@firstadopter.bsky.social
www.barrons.com/articles/nvi...

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 7d
Chinese state capitalism = protected and regulated tech monopoly capital at home, supported and expanded tech capital reach across the globe
journals.sagepub.com/doi/10.1177/...
Mosaic of state power: How ‘New’ state capitalism shapes global tech capital - Weidi Zheng, 2025
This article investigates how China's platform and data infrastructure expand globally amid shifting state-capital relations at home and abroad. Moving bey...
journals.sagepub.com

Reposted by John Hogan

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 8d
Chinese state capitalism = global finance without the speculative excess, perhaps,
www.phenomenalworld.org/analysis/a-s...
A State-led Financial Empire | Johannes Petry
Since the 2008 Global Financial Crisis, China has steadily expanded its role in the global financial system. Through cross-border settlement networks, controlled conduits for foreign portfolio flows, ...
www.phenomenalworld.org

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 8d
Fit blackout blinds in their bedroom and cross your fingers for luck

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 9d
Not to mention a functioning higher education system

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 10d
I'd rather not be posting yet more @FT content today, but right now it's more a question of when (not if) something big breaks ... on.ft.com/3LCuVDb via @FT
If private credit breaks, insurers will fall under the microscope
Rising holdings of the asset class could lead to problems when the next downturn comes
on.ft.com

Reposted by Paul Langley

maratmarkert.bsky.social
Marat Markert @maratmarkert.bsky.social · 10d
Setting the stage for "we were all in this together so no one is to blame" when the bubble bursts.

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 10d
Who’s funding Silicon Valley’s data-centre dream? It might be you. - on.ft.com/47X4I9U via @FT
Who’s funding Silicon Valley’s data-centre dream? It might be you.
A large part of the investment pouring into AI is being financed by debt of the kind that lines millions of nest eggs
on.ft.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 10d
Miran Rides into Town on the $ Hegemony Pony
on.ft.com/48eg8qU via @FT
Why Trump’s team is betting on stablecoins
The administration sees these digital assets as a tool in the fight against de-dollarisation
on.ft.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 10d
An FT editorial against a British government is usually a marker of the displeasure of the City
on.ft.com/4nZWdke via @FT
Labour has shredded its claim to competence
A chaotic week has raised the risks around this month’s crucial Budget
on.ft.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 12d
Recommended reading and timely, too, as the British Chancellor continues to falsely assume that pandering to financial fractions in the City will result in the investment which is so desperately needed across economy and society

www.cambridge.org/core/journal...
Subordinating ‘alt-finance’: How British venture capital became dependent on the US | Finance and Society | Cambridge Core
Subordinating ‘alt-finance’: How British venture capital became dependent on the US
www.cambridge.org

Reposted by Paul Langley

johnhoganmorris.bsky.social
John Hogan Morris @johnhoganmorris.bsky.social · 14d
www-bbc-co-uk.cdn.ampproject.org/c/s/www.bbc....
'I use buy now pay later scheme for everything - I'm £3k in debt' - BBC News
Debt organisations say more people are seeking help after using loan apps to pay for everyday items.
www-bbc-co-uk.cdn.ampproject.org

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 19d
A fantastical and unsustainable mega-project pushed by elites disconnected from reality and backed by huge volumes of fickle and self serving financial capital. Sounds familiar
ig.ft.com/saudi-neom-l...
End of The Line: how Saudi Arabia’s Neom dream unravelled
Mohammed bin Salman’s utopian city was undone by the laws of physics and finance
ig.ft.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 21d
The dark side of Japanese convenience stores - on.ft.com/3Jvk9Ok via @FT @msteinbrg.bsky.social
The dark side of Japanese convenience stores
Rising wages and an ageing workforce put pressure on existing staff
on.ft.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 21d
Welcome to platform capitalism
anthonymoser.com Anthony Moser @anthonymoser.com · 21d
nowadays every app wants to be a platform, and platform logic requires that they become the *only* platform.

that's why they all start as Specific: The Tool That Does A Thing and five years later announce they're rebranding as Totalizr: We Manage Your Life

Reposted by Paul Langley

anthonymoser.com
Anthony Moser @anthonymoser.com · 21d
nowadays every app wants to be a platform, and platform logic requires that they become the *only* platform.

that's why they all start as Specific: The Tool That Does A Thing and five years later announce they're rebranding as Totalizr: We Manage Your Life

Reposted by Susan J. Smith, Paul Langley

econsocjournal.bsky.social
Economy & Society @econsocjournal.bsky.social · 25d
Pull up for a bumper issue, nine articles, from ecologization as a mode of economization to the prompting of generative AI models in UK government, with stops in Brazil, Venezuela, Kenya and the US along the way!

www.tandfonline.com/toc/reso20/c...
Economy and Society
Dedicated to Michel Callon, 1945–2025. Volume 54, Issue 3 of Economy and Society
www.tandfonline.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 25d
One vision, fried chicken

Reposted by Paul Langley

financialtimes.com
Financial Times @financialtimes.com · 25d
The AI bubble has reached its ‘fried chicken’ phase ft.trib.al/VGyrH8K
The AI bubble has reached its ‘fried chicken’ phase
This is nuts. When’s the crash?
ft.trib.al

Reposted by Paul Langley

econsocjournal.bsky.social
Economy & Society @econsocjournal.bsky.social · 25d
53 years young and still trending

Reposted by Andreas Bieler, Paul Langley

ripejournal.bsky.social
Review of International Political Economy @ripejournal.bsky.social · 27d
Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories, by Miguel A. Rivera-Quiñones
Racism, colonialism, and tax havens: tracing the offshore world’s hidden histories
This article advances a decolonial intervention in International Political Economy (IPE) by examining the centrality of racism in the formation of offshore zones under British and American colonial...
www.tandfonline.com

Reposted by Martin Paul Eve

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 27d
Just in case anyone is listening, please note that UK universities cannot operate successfully on the basis of continuous reduction of academic staff and academic staff pay. No amount of staff wellness sessions will change this.

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 28d
FinTechs large (and small) are frantically updating their platforms so that AI agents can pay, borrow, invest, etc. This is the logical extension of the transformation of people into FinTech "users" (rather than consumers) which has already reordered social relations
thepaypers.com/payments/new...
Mastercard and PayPal accelerate agentic commerce | The Paypers
Mastercard expands partnership with PayPal to contribute to the adoption of agentic-driven transactions for consumers and businesses.
thepaypers.com

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · 29d
I'm a little older

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · Oct 26
Yet, when everything is in crisis, everything is still in crisis
logicallyjc.bsky.social John Collins @logicallyjc.bsky.social · Oct 26
When everything is unprecedented, nothing is unprecedented.

Reposted by Paul Langley

logicallyjc.bsky.social
John Collins @logicallyjc.bsky.social · Oct 26
When everything is unprecedented, nothing is unprecedented.

paullangley.bsky.social
Paul Langley @paullangley.bsky.social · Oct 24
The next General Election is a way off, but it seems likely that more people will vote against political parties that they don't want to be elected than will vote for the party that they want to be elected. Strange times in British politics