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Ronojoy Mazumdar @ronomaz.bsky.social · 1d

...even in the face of the AI capex boom, above-target inflation, ultra-loose financial conditions, deteriorating public debt dynamics and record-high prices in many financial markets. (2/2)

Ronojoy Mazumdar @ronomaz.bsky.social · 1d

Growing fear of this deep disillusion may help explain why policymakers across the developed world are seeking to juice their economies by simultaneously revving up their monetary and fiscal engines... (1/2)
www.reuters.com/markets/euro...

www.reuters.com

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Ronojoy Mazumdar @ronomaz.bsky.social · 3d

"The federal government is considering multiple financing options, including tapping existing disaster relief funds or levying small charges on utility bills to fund premiums, according to the government official." (2/2)

Ronojoy Mazumdar @ronomaz.bsky.social · 3d

"Should the discussions bear fruit, India - among the nations most prone to extreme weather events - could become one of the first major economies to roll out such a programme."

www.reuters.com/sustainabili... (1/2)

Exclusive: India considers introducing nationwide climate-linked insurance scheme

India's government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance programme aimed at simplifying the payout process after extreme weather events such as heatwaves and floods.

www.reuters.com

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Ronojoy Mazumdar @ronomaz.bsky.social · 3d

The hyper-confrontational and competitive global environment means no country wants to apply the brakes and macro policy lights are now firmly switched to "go."
www.reuters.com/markets/euro...

www.reuters.com

Ronojoy Mazumdar @ronomaz.bsky.social · 4d

"OpenAI gets the option to purchase, for a nominal sum, up to 10% of the $340 billion firm in return. It may help restrain the costs of server farms fueling the AI boom. It just depends on seemingly fantastical spending."
www.reuters.com/commentary/b...

www.reuters.com

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Ronojoy Mazumdar @ronomaz.bsky.social · 4d

There are places where everything has already happened (Moscow, Kolkata, Berlin). Will more of the West enter that zone, or will it require one more round of deep societal remaking?
www.nytimes.com/2025/10/05/o...

Opinion | The West Is Lost

www.nytimes.com

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Ronojoy Mazumdar @ronomaz.bsky.social · 15d

"About $1 trillion in new debt every 5–6 months—nearly double the average pace of the past quarter century. If this pace holds, $40 trillion will be here by late 2026.

Mind you, all this is happening without a pandemic or emergency to blame."
www.crisisinvesting.com/p/40-trillio...

$40 Trillion by Next Year – The U.S. Debt Crisis Escalates

As Washington Digs Deeper Into Debt, China De-Dollarizes and Buys Gold

www.crisisinvesting.com

Ronojoy Mazumdar @ronomaz.bsky.social · 15d

His son just bought Paramount , and is preparing a bid for Warner Bros/Discovery (which owns CNN and HBO). It seems like the Ellison family watched Succession and thought the moral of the story was “be more like the Roys.” open.substack.com/pub/davekarp...
open.substack.com/pub/davekarp...

Bullet Points: A Few Good Reads

"Every Day, Computers Are Making People Easier to Use"

open.substack.com

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Ronojoy Mazumdar @ronomaz.bsky.social · 17d

😆

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Ronojoy Mazumdar @ronomaz.bsky.social · 17d

That's it, that's the whole skeet?

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Ronojoy Mazumdar @ronomaz.bsky.social · 17d

Okay. This is hilarious. "Bengali moneylender sons" has to be the fantastically wealthy offspring of Calcutta Marwaris. Who are NOT at all Bengali 😆. I would never have known Hayek had an opinion about such, pre-figuring contemporary American politics by so many decades.

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Ronojoy Mazumdar @ronomaz.bsky.social · Sep 3

Not as distressing to watch as the images you'll see daily if you put on Al Jazeera-- this is a well-crafted exposition of what's happening though, well worth 5 minutes of your attention.
youtu.be/TtwLFSdTleI?...

This is How You Engineer a Famine - Gaza

YouTube video by BystandersNoMore

youtu.be

Ronojoy Mazumdar @ronomaz.bsky.social · Aug 4

Is that because of wild fires?

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 31

Two great pieces of recent journalism humanizing prominent characters in a supporting role from opposite ends of America's recent politico-culture wars:

1. Channel 5/Hunter Biden
youtu.be/XBbkt2vYC4M?...

2. Bloomberg/Luke Farritor
www.bloomberg.com/features/202...

Hunter Biden Interview

YouTube video by Channel 5 with Andrew Callaghan

youtu.be

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Reposted by Ronojoy Mazumdar

Akshat Rathi @akshatrathi.bsky.social · Jul 29

Congratulations! 👏

"Not since 2011, when a tsunami rammed into Japan and triggered a nuclear meltdown at the Fukushima Daiichi Nuclear Power Plant, have first-half insured losses stemming from natural catastrophes been greater."

www.bloomberg.com/news/article...

LA Wildfires Drive Biggest Insured Losses Since Fukushima

Catastrophes spanning wildfires in Los Angeles to severe storms across other parts of the US are set to drive this year’s overall insured losses well above the historical average for the industry, acc...

www.bloomberg.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 25

As the country with the world's biggest population, we have lots of people protect from the ravages of climate change. The scale of that challenge also means that solutions that can work here might be deployable just about anywhere,
@mundol
argues: livemint.com/opinion/onli... (3/3)

livemint.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 25

I am the median age in India. My peers drove the auto sales EMI and foreign holiday wave. We're well on our way into our careers.
@capitalcalculus
asks if the path India is on means we'll be old before we're rich: economictimes.indiatimes.com/opinion/et-c... (2/3)

With decadal dipping birth rates and rising longevity, will India grow old before it can grow rich? - The Economic Times

India faces an emerging social challenge as its population ages rapidly due to declining birth rates and increasing life expectancy. While celebrated for its youthful demographic, the nation's growing...

economictimes.indiatimes.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 25

There were a couple of interesting opinion pieces on India's demographics earlier this month in the top business papers that are worth thinking about in conjunction. (1/3)

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 18

"The Indian central bank's norms, which have been in the works since 2022, are expected to ask banks and financial institutions to make regular disclosures about climate-related risks in their loan portfolios along with mitigation strategies and targets"
www.reuters.com/sustainabili...

India to issue climate risk disclosure rules for banks in the next few months, sources say

India's central bank is close to finalising rules for banks and financial institutions to disclose and manage risks from climate change, three sources aware of the matter said.

www.reuters.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 15

"The whole premise of internet publishing — that you could reach audiences far and wide — is starting to crumble, forcing publishers to reevaluate what kind of stories they produce and what kind of readers they want — and, ultimately, to think smaller and more bespoke."

nymag.com/intelligence...

Inside the Media’s Traffic Apocalypse

The whole premise of internet publishing — that you could reach audiences far and wide — is starting to crumble.

nymag.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 7

a cartoon of a man holding his head with the words my cabbages written above him

ALT: a cartoon of a man holding his head with the words my cabbages written above him

media.tenor.com

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Ronojoy Mazumdar @ronomaz.bsky.social · Jul 7

Great point

Ronojoy Mazumdar @ronomaz.bsky.social · Jul 7

"This implicit contest over the dominant energy mix, and the political economy built around it, will decide not just geopolitical power arrangements across the BRICS nations in the decades ahead, but the fate of most of the world’s peoples."

www.phenomenalworld.org/analysis/bri...

BRICS in 2025 | The Polycrisis

Nations meet in Brasilia for the 2025 BRICS Summit. China's rise and US chaos shape the opportunities and challenges for the group.

www.phenomenalworld.org

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Ronojoy Mazumdar @ronomaz.bsky.social · Jun 27

This raises an interesting question. The Great Depression is widely considered to have had a greater cultural impact on the US than the Great Recession (albeit the latter's impact was significant too). When should we expect *economic* harms from climate change to register in wider US culture?

Akshat Rathi @akshatrathi.bsky.social · Jun 27

The climate crisis has been far worse for the US economy than the Great Depression was. It's amazing how far US politics will allow the harm to continue and get worse.

"In order to compare disaster-related costs with other major events, we used current dollar estimates of GDP-related impacts..."

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