Clem Fon
@clemfon.bsky.social
Professor of Political Economy at UcLouvain
Central banking & infrastructural finance geek. Also EU & French politics, political economy & social sciences at large.
Dr Miette bonus: #recordoftheweek & #tuneoftheweek
Central banking & infrastructural finance geek. Also EU & French politics, political economy & social sciences at large.
Dr Miette bonus: #recordoftheweek & #tuneoftheweek
Pinned
Clem Fon
@clemfon.bsky.social
· Sep 1
Since the start of von der Leyen's second mandate, EU sustainable finance norms face intense dismantling pressures. My new @JEPP article shows this started years ago when the fossil fuel industry “woke up” to the EU Taxonomy. 🧵 #EUTaxonomy #SustainableFinance👇 1/10
Reposted by Clem Fon
NVIDIA earnings were a mirage. The market figured it out surprisingly fast. NVIDIA bump evaporated.
I don’t know how this information can enter the system without exploding the bubble.
But sometimes bezzles visible for months before crash.
Waiting for the feds?
open.substack.com/pub/shanakaa...
I don’t know how this information can enter the system without exploding the bubble.
But sometimes bezzles visible for months before crash.
Waiting for the feds?
open.substack.com/pub/shanakaa...
November 22, 2025 at 12:57 PM
NVIDIA earnings were a mirage. The market figured it out surprisingly fast. NVIDIA bump evaporated.
I don’t know how this information can enter the system without exploding the bubble.
But sometimes bezzles visible for months before crash.
Waiting for the feds?
open.substack.com/pub/shanakaa...
I don’t know how this information can enter the system without exploding the bubble.
But sometimes bezzles visible for months before crash.
Waiting for the feds?
open.substack.com/pub/shanakaa...
Reposted by Clem Fon
"For students, AI teaching appears to be less transformative than it is demoralising".
“I do not want to be taught by GPT.”
www.theguardian.com/education/20...
“I do not want to be taught by GPT.”
www.theguardian.com/education/20...
‘We could have asked ChatGPT’: students fight back over course taught by AI
Staffordshire students say signs material was AI-generated included suspicious file names and rogue voiceover accent
www.theguardian.com
November 20, 2025 at 12:48 PM
Reposted by Clem Fon
Tuilp bulb producer shrugs off "tulip bubble" anxiety with bumper flower bulb demand
November 20, 2025 at 9:47 AM
Tuilp bulb producer shrugs off "tulip bubble" anxiety with bumper flower bulb demand
Reposted by Clem Fon
Summers conferred with Epstein frequently about how to extract sexual favors from a Harvard econ grad (AB '04, PhD '09)
The grad is from China
Epstein and Summers referred to her by the codename "Peril"
Racism and sexual exploitation in one efficient package
bit.ly/3LHpin8
The grad is from China
Epstein and Summers referred to her by the codename "Peril"
Racism and sexual exploitation in one efficient package
bit.ly/3LHpin8
As Summers Sought Clandestine Relationship With Woman He Called a Mentee, Epstein Was His ‘Wing Man’ | News | The Harvard Crimson
When former Harvard President Lawrence H. Summers was pursuing a romantic relationship with a woman he described as a mentee, he turned to a longtime associate for guidance: convicted sex offender Jef...
bit.ly
November 17, 2025 at 3:05 AM
Summers conferred with Epstein frequently about how to extract sexual favors from a Harvard econ grad (AB '04, PhD '09)
The grad is from China
Epstein and Summers referred to her by the codename "Peril"
Racism and sexual exploitation in one efficient package
bit.ly/3LHpin8
The grad is from China
Epstein and Summers referred to her by the codename "Peril"
Racism and sexual exploitation in one efficient package
bit.ly/3LHpin8
Reposted by Clem Fon
Like it or not this technology is here to stay and if you don’t use it you’ll fall behind in your industry
November 16, 2025 at 11:49 PM
Like it or not this technology is here to stay and if you don’t use it you’ll fall behind in your industry
Reposted by Clem Fon
Why don't we have an EU wide carbon tax? Well, some people worked as hard as they could to stop it. Important new research by Fabienne Jouty and Christophe Bonneuil!
Undermining Climate Action: The Fight by European Oil Companies Against the European Carbon Tax
This article examines, in the lead-up to the 1992 Earth Summit in Rio, the role played by five major European oil companies—BP in the United Kingdom, Shell in the Netherlands and UK, ENI in Italy, ...
www.tandfonline.com
November 17, 2025 at 7:30 AM
Why don't we have an EU wide carbon tax? Well, some people worked as hard as they could to stop it. Important new research by Fabienne Jouty and Christophe Bonneuil!
Reposted by Clem Fon
1/ Egalitarianism should begin at home. I link to this article by @bencasselman.bsky.social in light of the communications between Larry Summers and Jeffrey Epstein that have just been released. The released emails and the fact of friendship are vile.
www.nytimes.com/2021/02/23/b...
www.nytimes.com/2021/02/23/b...
For Women in Economics, the Hostility Is Out in the Open (Published 2021)
www.nytimes.com
November 15, 2025 at 4:32 PM
1/ Egalitarianism should begin at home. I link to this article by @bencasselman.bsky.social in light of the communications between Larry Summers and Jeffrey Epstein that have just been released. The released emails and the fact of friendship are vile.
www.nytimes.com/2021/02/23/b...
www.nytimes.com/2021/02/23/b...
Post 2010 Germany "economic success" would have been very different witout €financial capital flowing back to Frankfurt during the crisis and China industrial demand.
Take these two elements away and German growth model look more like Deutschbahn reliability than ordo liberal Mittelstand fantaisies
Take these two elements away and German growth model look more like Deutschbahn reliability than ordo liberal Mittelstand fantaisies
November 12, 2025 at 10:58 AM
Post 2010 Germany "economic success" would have been very different witout €financial capital flowing back to Frankfurt during the crisis and China industrial demand.
Take these two elements away and German growth model look more like Deutschbahn reliability than ordo liberal Mittelstand fantaisies
Take these two elements away and German growth model look more like Deutschbahn reliability than ordo liberal Mittelstand fantaisies
Oh, I just saw a cognitive dissonance
November 12, 2025 at 9:44 AM
Oh, I just saw a cognitive dissonance
Reposted by Clem Fon
Pour ceux qui ne l'auraient pas encore vu, cet hommage IA de l'ancienne ministre des Anciens combattants, avec deux Bretagne, plus de Marseille, Madrid française. Et un magnifique casque type Stahlhelm 1935 pour honorer la mémoire des poilus...
November 11, 2025 at 8:05 PM
Pour ceux qui ne l'auraient pas encore vu, cet hommage IA de l'ancienne ministre des Anciens combattants, avec deux Bretagne, plus de Marseille, Madrid française. Et un magnifique casque type Stahlhelm 1935 pour honorer la mémoire des poilus...
EPP's leader Weber going full orwell 1984 double speak.
How dares he talk about strenghtening environment and parlementary democracy while his main strategy today is allying with far right parties to dismantle sustainability norms?
I would laugh if i would not be furious
How dares he talk about strenghtening environment and parlementary democracy while his main strategy today is allying with far right parties to dismantle sustainability norms?
I would laugh if i would not be furious
Sixth: more parliamentary democracy. Stronger EP; more transparent Council, COM President also as European Council President. EPP partners are centre parties, no cooperation with extremists
November 11, 2025 at 10:15 AM
EPP's leader Weber going full orwell 1984 double speak.
How dares he talk about strenghtening environment and parlementary democracy while his main strategy today is allying with far right parties to dismantle sustainability norms?
I would laugh if i would not be furious
How dares he talk about strenghtening environment and parlementary democracy while his main strategy today is allying with far right parties to dismantle sustainability norms?
I would laugh if i would not be furious
What stage of the Ponzi scheme is it when Robinhood wants to allow "amateur traders" to invest in AI startups? www.ft.com/content/7278...
Robinhood wants to allow amateur traders to invest in AI start-ups
US broker plans to offer shares in a fund that holds a handful of private artificial intelligence companies
www.ft.com
November 10, 2025 at 3:00 PM
What stage of the Ponzi scheme is it when Robinhood wants to allow "amateur traders" to invest in AI startups? www.ft.com/content/7278...
Relying on LLMs to get your diploma and is similar to forging PhD research for boosting your political career in Germany
You think it creates shortcuts and notability for getting the top job. But as you are only interested in the CV line, you don't learn anything.
And one day, you are exposed.
You think it creates shortcuts and notability for getting the top job. But as you are only interested in the CV line, you don't learn anything.
And one day, you are exposed.
November 10, 2025 at 8:38 AM
Relying on LLMs to get your diploma and is similar to forging PhD research for boosting your political career in Germany
You think it creates shortcuts and notability for getting the top job. But as you are only interested in the CV line, you don't learn anything.
And one day, you are exposed.
You think it creates shortcuts and notability for getting the top job. But as you are only interested in the CV line, you don't learn anything.
And one day, you are exposed.
Au fait, pour visibiliser davantage l'inculpation de Didier Reynders, ancien ministre MR des finances belges pris en plein délit de blanchiment d'argent au café tabac du coin alors qu'il était occupé au bailout des banques, on pourrait savoir s'il arrive à se cuisiner lui même des oeufs en prison?
November 7, 2025 at 8:48 AM
Au fait, pour visibiliser davantage l'inculpation de Didier Reynders, ancien ministre MR des finances belges pris en plein délit de blanchiment d'argent au café tabac du coin alors qu'il était occupé au bailout des banques, on pourrait savoir s'il arrive à se cuisiner lui même des oeufs en prison?
If Deutsche Bank acts like during the 2007 Global financial crisis, they will sell AI related financial products to their clients while shorting AI with proprietary trading
www.ft.com/content/c042...
www.ft.com/content/c042...
Deutsche Bank explores hedges for data centre exposure as AI lending booms
Executives discussing options including shorting basket of artificial intelligence stocks or using derivatives to transfer risk
www.ft.com
November 5, 2025 at 2:07 PM
If Deutsche Bank acts like during the 2007 Global financial crisis, they will sell AI related financial products to their clients while shorting AI with proprietary trading
www.ft.com/content/c042...
www.ft.com/content/c042...
Its a paradox if there was a bit of strategic vision. It ceases to be one if we consider that the current anti ecological backlash is driven by revenge, some kind of priviledged conservative nihilism,an inability to see beyond a 2y horizon when it comes to profitability margin.
"That's the paradox of the EU’s grand exercise in simplification & Green Deal backtracking. Driven by fear of de-industrialisation, it may instead turn Europe into China’s largest customer for [future tech]. Without legal certainty, the engine of investment stalls," via @davidcarretta.bsky.social
We are testing La Matinale Européenne in English.
Today’s pilot by me: “Omnibus Politics: Killing Legal Certainty, Stalling Investment”
Don’t miss our brief. And let we know what you think.
With @grimmse.bsky.social and @cspillmann.bsky.social 👇
europemorningpost.substack.com/p/omnibus-po...
Today’s pilot by me: “Omnibus Politics: Killing Legal Certainty, Stalling Investment”
Don’t miss our brief. And let we know what you think.
With @grimmse.bsky.social and @cspillmann.bsky.social 👇
europemorningpost.substack.com/p/omnibus-po...
November 5, 2025 at 8:46 AM
Its a paradox if there was a bit of strategic vision. It ceases to be one if we consider that the current anti ecological backlash is driven by revenge, some kind of priviledged conservative nihilism,an inability to see beyond a 2y horizon when it comes to profitability margin.
Reposted by Clem Fon
My more elaborate take on why the Dutch election outcome does not represent a defeat of the far right
📢 ECPS Interview
🗳️ 🇳🇱 Professor Sarah de Lange: D66’s Victory in Dutch Elections Cannot Be Presented as a Victory over Populism
✍️ Interview by Selcuk Gultasli
🔗 Read the interview: www.populismstudies.org/professor-de...
🗳️ 🇳🇱 Professor Sarah de Lange: D66’s Victory in Dutch Elections Cannot Be Presented as a Victory over Populism
✍️ Interview by Selcuk Gultasli
🔗 Read the interview: www.populismstudies.org/professor-de...
November 4, 2025 at 1:28 PM
My more elaborate take on why the Dutch election outcome does not represent a defeat of the far right
Could you describe how markets move from euphoria to panic when a bubble bursts?
Yes, of course. The shift occurs when more market participants starts to bet that the golden bullshit will be perceived more as bullshit than gold by other market particpants.
Do we have indicators?
Some.
Yes, of course. The shift occurs when more market participants starts to bet that the golden bullshit will be perceived more as bullshit than gold by other market particpants.
Do we have indicators?
Some.
November 3, 2025 at 9:34 AM
Could you describe how markets move from euphoria to panic when a bubble bursts?
Yes, of course. The shift occurs when more market participants starts to bet that the golden bullshit will be perceived more as bullshit than gold by other market particpants.
Do we have indicators?
Some.
Yes, of course. The shift occurs when more market participants starts to bet that the golden bullshit will be perceived more as bullshit than gold by other market particpants.
Do we have indicators?
Some.
Reposted by Clem Fon
Why do rustbelts vote radical right? Studying the German Ruhr area, @nilsblossey.bsky.social, @lstoetze.bsky.social and I show: it’s not just about deindustrialization, but also about the original industrialization. Where coal is buried deeper and mining started later, the AfD is stronger today 1/12
October 17, 2025 at 2:29 PM
Why do rustbelts vote radical right? Studying the German Ruhr area, @nilsblossey.bsky.social, @lstoetze.bsky.social and I show: it’s not just about deindustrialization, but also about the original industrialization. Where coal is buried deeper and mining started later, the AfD is stronger today 1/12
Reposted by Clem Fon
🚨 I am delighted to announce that Tom Turnbull’s and my volume with @stanfordpress.bsky.social is out today, featuring Jennifer Eaglin, Victor Seow, Shellen Wu, Antoine Missemer, Giuliano Garavini, Michael Dobson, Laura A. Twagira, Damilola Adebayo, Troy Vettese, Liz Chatterjee, and Rebecca Wright
March 25, 2025 at 2:27 PM
🚨 I am delighted to announce that Tom Turnbull’s and my volume with @stanfordpress.bsky.social is out today, featuring Jennifer Eaglin, Victor Seow, Shellen Wu, Antoine Missemer, Giuliano Garavini, Michael Dobson, Laura A. Twagira, Damilola Adebayo, Troy Vettese, Liz Chatterjee, and Rebecca Wright
Reposted by Clem Fon
Google, the world’s largest search engine operating three in four smartphones, has played Brussels like a fiddle – shaping laws, silencing rivals, and calling it "innovation". The chart shows how Big Tech bankrolls Brussels’ top think tanks.
Read our latest story here: www.ftm.eu/articles/goo...
Read our latest story here: www.ftm.eu/articles/goo...
November 3, 2025 at 7:18 AM
Google, the world’s largest search engine operating three in four smartphones, has played Brussels like a fiddle – shaping laws, silencing rivals, and calling it "innovation". The chart shows how Big Tech bankrolls Brussels’ top think tanks.
Read our latest story here: www.ftm.eu/articles/goo...
Read our latest story here: www.ftm.eu/articles/goo...
Fossil fuel compagnies will keep on exploiting global labor, burning the planet and dismantling sustainablity regulation until the morale improve.
Also, I hope that the main cause for our inability to reverse our collective trajectory to ecological disaster is clear for everyone by now.
Also, I hope that the main cause for our inability to reverse our collective trajectory to ecological disaster is clear for everyone by now.
Exclusive: ExxonMobil CEO warns EU sustainability law could end Europe operations reut.rs/4qGyk3A
Exclusive: ExxonMobil CEO warns EU sustainability law could end Europe operations
ExxonMobil CEO Darren Woods told Reuters on Monday it will be impossible for the energy giant to continue doing business in Europe if the European Union doesn't make significant changes to a sustainability law that threatens to penalize companies with fines of 5% of global revenue.
reut.rs
November 3, 2025 at 8:19 AM
Fossil fuel compagnies will keep on exploiting global labor, burning the planet and dismantling sustainablity regulation until the morale improve.
Also, I hope that the main cause for our inability to reverse our collective trajectory to ecological disaster is clear for everyone by now.
Also, I hope that the main cause for our inability to reverse our collective trajectory to ecological disaster is clear for everyone by now.
Reposted by Clem Fon
I enjoyed doing this. www.ft.com/content/b003...
October 31, 2025 at 9:49 AM
I enjoyed doing this. www.ft.com/content/b003...
Reposted by Clem Fon
Reposted by Clem Fon
Rate hikes did nothing to stem the 2022 inflation the IMF finds. But they did wreck green transition momentum, and fed back into the pre-pandemic status quo of deregulation, debt-obsession, social cuts and corporate largesse
I caught flak for using the word ‘sabotage’ at the time, but I stand by it
I caught flak for using the word ‘sabotage’ at the time, but I stand by it
October 27, 2025 at 4:13 PM
Rate hikes did nothing to stem the 2022 inflation the IMF finds. But they did wreck green transition momentum, and fed back into the pre-pandemic status quo of deregulation, debt-obsession, social cuts and corporate largesse
I caught flak for using the word ‘sabotage’ at the time, but I stand by it
I caught flak for using the word ‘sabotage’ at the time, but I stand by it