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
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
Reposted by Clem Fon
"Mort, you talk about Victor Wembanyama too much!"
Oh, do I have bad news for you, friend.
My latest on the league's maybe, potentially MVP.
sports.yahoo.com/nba/article/...
Oh, do I have bad news for you, friend.
My latest on the league's maybe, potentially MVP.
sports.yahoo.com/nba/article/...
Victor Wembanyama and the undefeated Spurs are just getting started
After Monday's rout of Toronto, the superstar has the Spurs on the path to contention — and perhaps with some MVP hardware in his immediate future.
sports.yahoo.com
October 28, 2025 at 4:27 PM
"Mort, you talk about Victor Wembanyama too much!"
Oh, do I have bad news for you, friend.
My latest on the league's maybe, potentially MVP.
sports.yahoo.com/nba/article/...
Oh, do I have bad news for you, friend.
My latest on the league's maybe, potentially MVP.
sports.yahoo.com/nba/article/...
Ensuite, ca fait quelques temps que Lordon diffuse des carabistouilles à base de Spinosa, désirs et capitalisme
Un texte mal informé : la "psychose" n'est pas due à un "excès" de dopamine, et le capitalisme ne se comprend pas grâce a la notion d'excès de dopamine. Ce texte aux relents psychophobes et confusionistes montre juste que les théories réactionnaires "dopamine = excès de plaisir" diffusent à gauche 🫠
October 28, 2025 at 8:10 AM
Ensuite, ca fait quelques temps que Lordon diffuse des carabistouilles à base de Spinosa, désirs et capitalisme
But according to the EU Taxonomy, burning Finnish trees is quasi almost always sustainable (like gas, flying planes and sailing cargos with minimal % of biofuels,...)
This is an excellent explainer of Finnish land use and its problems in climate policy.
The bioenergy and pulp/paper model of industrial forestry has other drastic environmental consequences in addition to climate impacts, especially in wetland forests.
The bioenergy and pulp/paper model of industrial forestry has other drastic environmental consequences in addition to climate impacts, especially in wetland forests.
Finland has a goal to be net zero GHG emissions by 2035.
Emissions were declining, the LULUCF removals were strong, the plan was looking good, but then LULUCF collapsed.
Net GHG emissions have actually risen over the last decade!
www.treasuryfinland.fi/investor-rel...
1/
Emissions were declining, the LULUCF removals were strong, the plan was looking good, but then LULUCF collapsed.
Net GHG emissions have actually risen over the last decade!
www.treasuryfinland.fi/investor-rel...
1/
October 28, 2025 at 7:39 AM
But according to the EU Taxonomy, burning Finnish trees is quasi almost always sustainable (like gas, flying planes and sailing cargos with minimal % of biofuels,...)
Reposted by Clem Fon
Carbon capture for power stations specifically is just as subject to the overall dynamics of CCS: it never materialises like it's expected to.
Here's a new chart for ya: each blue line is what *should* have happened based on each report's planned state dates.
Black line: what happened
Here's a new chart for ya: each blue line is what *should* have happened based on each report's planned state dates.
Black line: what happened
October 27, 2025 at 9:42 PM
Carbon capture for power stations specifically is just as subject to the overall dynamics of CCS: it never materialises like it's expected to.
Here's a new chart for ya: each blue line is what *should* have happened based on each report's planned state dates.
Black line: what happened
Here's a new chart for ya: each blue line is what *should* have happened based on each report's planned state dates.
Black line: what happened
Reposted by Clem Fon
When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
Central Banking for the End of Times
Frankfurt measured the risk, Beijing moved the money, and Washington looked away.
geoeconomic.substack.com
October 27, 2025 at 8:58 AM
When central banks were asked to "do smth" about climate, the Fed sat it out, the ECB experimented then retreated but the PBOC planned green and brown money at scale. geoeconomic.substack.com/p/central-ba...
Reposted by Clem Fon
"To help unlock the investments needed to achieve energy sovereignty, and ensure we stop handing over billions of dollars a year to the Kremlin, we urge you to push for spending on renewable and low-carbon energy to be counted as part of the Nato 1.5% target."
👏
www.theguardian.com/environment/...
👏
www.theguardian.com/environment/...
Renewable energy investment should come from defence budgets, say retired military leaders
Former European officers say spending on low-carbon power would make nations more resilient to threats from potential aggressors
www.theguardian.com
October 24, 2025 at 8:16 AM
"To help unlock the investments needed to achieve energy sovereignty, and ensure we stop handing over billions of dollars a year to the Kremlin, we urge you to push for spending on renewable and low-carbon energy to be counted as part of the Nato 1.5% target."
👏
www.theguardian.com/environment/...
👏
www.theguardian.com/environment/...
Reposted by Clem Fon
“Quand les mots changent, la politique change : comment le centre fait le jeu de l’extrême droite”
Quand les mots changent, la politique change : comment le centre fait le jeu de l’extrême droite
Assiste-t-on à une extrême droitisation du champ politique ? Avec le politiste Antoine Lemor, nous avons cherché à répondre à cette question en analysant les discours de politique générale des Premie…
blogs.mediapart.fr
October 23, 2025 at 12:57 PM
“Quand les mots changent, la politique change : comment le centre fait le jeu de l’extrême droite”
Je vous aide l'AFP "afin de continuer l'autosabordage réglementaire européen face aux pressions de l'extrême droite, des gouvernements étrangers autoritaires ou proto fascistes et du lobby des business à l'empreinte ecologique carsatrophique". Merci, de rien.
🌳 La Commission européenne a proposé d'assouplir sa loi phare contre la déforestation, notamment en réduisant drastiquement les obligations pesant sur les plus petites entreprises, afin de faciliter sa mise en œuvre qui a connu de multiples couacs.
October 22, 2025 at 12:41 PM
Je vous aide l'AFP "afin de continuer l'autosabordage réglementaire européen face aux pressions de l'extrême droite, des gouvernements étrangers autoritaires ou proto fascistes et du lobby des business à l'empreinte ecologique carsatrophique". Merci, de rien.
Reposted by Clem Fon
Wow, même le Financial Times se prononce pour taxer les super riches en France.
Et pointe aussi l’enjeu de leur pouvoir (oligarchie), au delà de leur fortune. Il y a des choses qui commencent à basculer.
Et pointe aussi l’enjeu de leur pouvoir (oligarchie), au delà de leur fortune. Il y a des choses qui commencent à basculer.
October 17, 2025 at 7:08 AM
Wow, même le Financial Times se prononce pour taxer les super riches en France.
Et pointe aussi l’enjeu de leur pouvoir (oligarchie), au delà de leur fortune. Il y a des choses qui commencent à basculer.
Et pointe aussi l’enjeu de leur pouvoir (oligarchie), au delà de leur fortune. Il y a des choses qui commencent à basculer.
Reposted by Clem Fon
As it happens, this is almost exactly the same as Nintendo’s annual revenue. Which seems like the right comparison- a successful producer of electronic toys. on.ft.com/4nMkP0B
October 15, 2025 at 3:01 PM
As it happens, this is almost exactly the same as Nintendo’s annual revenue. Which seems like the right comparison- a successful producer of electronic toys. on.ft.com/4nMkP0B
Reposted by Clem Fon
D'Angelo has died after a battle with pancreatic cancer, his former manager says. He was 51
D'Angelo Dead at 51
Grammy-winning R&B soul singer D'Angelo is dead from pancreatic cancer ... TMZ has learned.
www.tmz.com
October 14, 2025 at 4:16 PM
D'Angelo has died after a battle with pancreatic cancer, his former manager says. He was 51