2025: +400bps FX hedging cost, lol no f*ing way.
« I have a high pain tolerance »
this morning: 😱
2025: +400bps FX hedging cost, lol no f*ing way.
« I have a high pain tolerance »
this morning: 😱
People who want to sound clever often say they screen out the noise with Trump.
That's fine, but the noise is the point.
This isn't normal.
My bit for the weekend:
The Taco trade has eaten itself - as.ft.com/r/8f0696f3-5...
People who want to sound clever often say they screen out the noise with Trump.
That's fine, but the noise is the point.
This isn't normal.
My bit for the weekend:
The Taco trade has eaten itself - as.ft.com/r/8f0696f3-5...
r/Giscardpunk and @fuckyeahjacqueschirac are over
r/Giscardpunk and @fuckyeahjacqueschirac are over
The constant bashing of Europe by some US geopolitical analysts and US media quickly gets tiresome.
Might want to fix your own house guys.
End of rant, off to do Saturday things
The constant bashing of Europe by some US geopolitical analysts and US media quickly gets tiresome.
Might want to fix your own house guys.
End of rant, off to do Saturday things
But this is exhausting
But this is exhausting
www.ft.com/content/644f...
www.ft.com/content/644f...
If we want to take defence spending from circa 2.5% of GDP to circa 3.5-4% of GDP the question isn’t “how do we pay for it?”. That’s the easy bit - a combination of taxes and borrowing.
The real question is about real resources and what do we want to do less of?