William Blair Santos Allen
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willballen.bsky.social
William Blair Santos Allen
@willballen.bsky.social

Retired consultant in international macro finance and capital markets. Converted to MMT as truth.

Now humble second career as lover of all things nautical and USCG licensed Master Mariner.

Finally doing something socially productive? .. more

Economics 76%
Political science 18%

Any chance of renewing this free link for those of us on US west coast? Thanks!

Trump will love Pahlavi as new king of Iran. As did previous US conservatives when their Iranian leader in the 1950s to install his father, the first Shah.

Sorry typo. Meant $50,000.10

Bag was worth 10 cents so technically he took $10,000.10.

I love these historical links. I had always struggled to find relevance of Schumpeter beyond “creative destruction” but you brought it home. Thanks!

I think Donald watched the film Ice Station Zebra a few too many times.

Before 1978 state usary laws often limited credit card rates to 18%. I don’t remember any shortage of cards and consumers seemed to be doing fine. How is it that most rates are now 28% or higher and that is ok? Can we view Visa /Mastercard as a monopoly ?

Pelo menos 50% de nós — talvez mais — não somos Trump e desprezamos o que ele está a fazer.

You mean the Venezuelans aren’t feeling the love from Donald? Imagine that!

Reposted by William A. Allen

Something I always wondered is how it would be covered if America became a dictatorship

This is it

Kavanaugh Killings

Kavanaugh Killings > Kavanaugh Stops

Ah yes, but global warming will turn that Greenland glacier into the ideal green meadow with surrounding mountain fortress walls for the progeny of the tech bros to live out their dreams.

Kernan and Eisen both need to go.

I doubt the Russian public knew anything about the sub. But there was always a good chance Comrade Donnie would blink.

Was just easier to apprehend and divert near British isles than mid Atlantic.
What really drives U.S. foreign policy?

Listen to what Bernie Sanders had to say 20 years ago.

DJT is the only signer on that commercial bank deposit, I figure.

On one of these Bolsonaro trips to the hospital I expect there to be a quick diversion over to US embassy for asylum and escape.

Reposted by William A. Allen

January 6, 2021 was the most shameful day in American history. It should live in infamy, as should the traitor who refused to accept the election results and incited the attack on the U.S. Capitol — Donald J. Trump.
A reminder - before Trump, MAGA, Musk and Fox rewrote history - that this is what the entire country agreed had happened five years ago today:

Reposted by William A. Allen

António José Seguro, um referencial de dignidade e decência
António José Seguro, um referencial de dignidade e decência
expresso.pt

Love the Galbraith quote: ‘This feature of investor behavior – what Galbraith called “the extreme brevity of the financial memory” – is complicated by the crowd psychology that accompanies speculation.’
On December 10, the Fed lowered rates—again.

Our final policy note of 2025 argues that the Fed isn’t fighting inflation; it’s managing class power. Read the latest from scholars Nersisyan and Wray, who show what the data actually say.

www.levyinstitute.org/publications...
The Fed Lowered Rates Again. Is It Really a Surprise? – Levy Economics Institute of Bard College
The whole world was watching on December 10, 2025 to finally find out what the Fed was going to do. Big money bets were placed—would the Fed leave rates unchanged...more
www.levyinstitute.org

Reposted by William A. Allen

Intriguing theory that it wasn't Trump but US nat security that initiated attack on Venezuela, for critical minerals rather than oil

renegaderesources.pro/p/the-venezu...
The Venezuelan Oil Narative is PURE THEATRE
The Real Reason the Pentagon Approved Venezuela: Critical Minerals and Adversary Expulsion
renegaderesources.pro

This is so tragic.