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%

Reposted by William A. Allen

Here is my conclusion after sitting through Maxwell's deposition with her refusing to answer a single question about the men who raped underage girls, saying she would only do so for clemency.

She must immediately be sent back to the maximum security prison where she belongs.

Don’t forget about Bismark

100 year swap is a bit unusual, n’est ce pas?

Assuming they will swap the tranches back into USD?

At least not featuring Robert Craft as a winner
Imagine being the most powerful man in the world and being this much of a whiney victim BITCH.

Good god what a child

Singing toilets ad was cute. And a public service announcement as well!

Best games this year were in the playoffs

Singing toilets ad! Love it.

““I need to know who’s responsible for the dog doo doo,” Rapaport said, as he trained his camera on what appeared to be dog feces.”

www.theguardian.com/us-news/2026...
Rightwing critics blame Mamdani as New York snow fails to melt
Murdoch tabloid leads charge as big freeze persists – could the mayor please do something about the weather?
www.theguardian.com

Duvido que essas injeções sejam causadas pela desvalorização do dólar. Grandes bancos como o JPM são forçados a fazer mais hedge contra oscilações bruscas em mercados como o da prata. Isso pode deixar uma lacuna nas contas do Fed.

At least not a repeat of papal visit. Yet.

Glad to see Kelton’s Deficit Myth on bottom shelf. Easy to get to!

Reposted by William A. Allen

i don’t know if it’s the jaunty bow tie or what but i cannot stop laughing at this

I was going to guess Eccles. Apparently Milton was wandering all over the board?

Loved that store when I lived in NYC! An hour there in history section on Saturdays and then leisurely lunch at old Union Square Cafe. I think that is gone now.
There are drawdowns. And then there’s Melania Coin.

Six Nations

Eh bien, la France domine cette première moitié du test de rugby. Allons, Irlande en deuxième moitié !

www.google.com/search?q=six nations schedule

Time to step, Ireland!
Google Search
www.google.com

Not sure this is much different than 2008. Financial asset mispricing then was sub prime CDOs.

This scenario seems to point toward need for job guarantees and not UBIs

We are just so fucked!

« QE was a stupid policy that was based on cargo cult monetary economics. If banks needed liquidity, do lender-of-last-resort … If the objective is to shape the yield curve, do not attempt to rely on quantitative “supply and demand” effects on yields. Instead, be honest, and use price signals »

Reposted by William A. Allen

Following four attacks in 48 hours, one scientist has warned that climate change could be increasing the risk of shark bites.
Scientists warn shark bites are linked to climate change. Here’s how
Following four attacks in 48 hours, one scientist has warned that climate change could be increasing the risk of shark bites.
l.euronews.com

Reposted by William A. Allen

Latest piece discussing issues that I previously glossed over with Quantitative Tightening
open.substack.com/pub/bondecon...
Fed Balance Sheet Unwinding
I ran across this article by David Beckworth that discusses the issues with the reduction of the Fed’s balance sheet (called “Quantitative Tightening” or QT).
open.substack.com

“Since prison for Epstein’s fellow abusers gets unlikelier over time, America’s deeper question is whether it can restore a culture of shame.”

Reposted by William A. Allen

How do you lock your twitter acct? I need to do this I guess?
When big banks charge 24% or 30% interest on credit cards, they are not engaged in the business of "making credit available." They are involved in extortion and loan sharking.

Yes, we need to cap credit card interest rates at 10% and stop Wall Street from ripping off Americans.
SEN BERNIE SANDERS: We need to cap credit card interest rates at 10%, Trump is right
Senator Bernie Sanders calls Wall Street credit card practices "usury" as major banks profit from 24% average rates while borrowing at 4% from Fed.
www.foxnews.com

Flag T red white and blue “keep clear of me” should be flying all across the US these days.