steve from virginia
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econundertow.bsky.social
steve from virginia
@econundertow.bsky.social
I Examine economics, finance and their consequences. I support Ukraine; its struggle is the moral challenge of our time.
Pinned
After 9/11, the world entered the Ironic Universe, where the most destructive of any set of possible outcomes is the most likely:

www.rollingstone.com/politics/pol...
Everyone Who Was Supposed to Protect You From This Failed Miserably
Donald Trump will now be the president again. A colossal failure by every Republican, Democratic, legal, corporate, and media institution got us here.
www.rollingstone.com
Reposted by steve from virginia
A new record: Ukrainian soldier “Miguel” from the 1020th air defense unit shot down 24 Russian Shaheds in a single night shift using STING interceptors. The feat was confirmed by the Wild Hornets unit.
January 7, 2026 at 7:51 AM
Reposted by steve from virginia
🇮🇷 Protesters in Iran have taken over two cities

Residents of Abdanan and Malekshahi have driven out security forces and are celebrating victory.
January 7, 2026 at 9:53 AM
Hmmm ... Malekshahi is an administrative district in Kurdish dominated Ilam Province midway between Ishfahan and Baghdad.

Kurdish militants have been battling various Iranian governments for decades.

en.wikipedia.org/wiki/Kurds_i...
January 7, 2026 at 4:08 PM
LOL!

The guy is basically a pirate.
January 7, 2026 at 3:36 PM
From 'War of automobiles vs everything else' dept: cancer rates jump in far away places due to pollution from vehicles.

www.npr.org/sections/goa...
This nation has the fastest rising rate of cancer cases -- and deaths -- in the world
According to a new report, cancer rates are skyrocketing in this tiny country. What's causing this to happen? And what steps can be taken to turn the tide?
www.npr.org
January 7, 2026 at 3:22 PM
What should have been done the first time around.

Blame goes to weak Democrats for not hammering away at Trump until he was removed.
January 7, 2026 at 3:18 PM
Bloomberg wonders why the US would interdict an empty oil tanker flying a Russian flag on its way toward Russia?

Maybe it is because Venny oil industry blends lighter Russian crude w/ tar-like heavy sour Venezuelan crude to wind up with something useful.

www.youtube.com/watch?v=ni1E...
US Seizes Russian-Flagged Oil Tanker Linked to Venezuela
YouTube video by Bloomberg Television
www.youtube.com
January 7, 2026 at 3:10 PM
Russian arsenal @ Neya, Kostromo in Russia, about 3-400km northeast of Moscow.

Note haphazard Russian material handling - piles of ammunition and other material scattered around helter-skelter out in the open:

58.260541251519605, 43.844684809771714

From Suchomimus: www.youtube.com/watch?v=VTbk...
January 6, 2026 at 4:51 PM
Hey, Ukraine!

Electric rail substation right here!

52.0454858860991, 39.69621478164422
January 6, 2026 at 3:55 PM
Reports that oil depot near Usman, Russia has been hit by Ukrainian drones. Usman is not far from Voronezh.

52.098688248519785, 39.72747717289309

packaged-media.redd.it/i2lrrvy17qbg...
January 6, 2026 at 3:47 PM
Reposted by steve from virginia
The 100th GRAU in Neya, Kostromo region, in Russia is burning and exploding.

The GRAU sites belong to Russia‘s strategic arsenals.
January 6, 2026 at 8:58 AM
Anyone can make semiconductors with the investment of empty promises ('money') but it takes nature 100 million years to make oil.

Trump trying to swipe other countries' oil simply indicates the 'Peak Oil' crew is right. It doesn't matter that the peak is now or later but that it is real.
January 6, 2026 at 2:57 PM
Anyone can make semiconductors with the investment of empty promises ('money') but it takes nature 100 million years to make oil.

Trump trying to swipe other countries' oil simply indicates the 'Peak Oil' crew is right. It doesn't matter that the peak is now or later but that it is real.
January 6, 2026 at 2:54 PM
Reposted by steve from virginia
BREAKING: Ukraine's Security Service chief resigns under Zelensky pressure, to focus on operations against Russia
"Together, we discussed candidates for the new head of the SBU," President Volodymyr Zelensky said.
BREAKING: Ukraine's Security Service chief resigns under Zelensky pressure, to focus on operations against Russia
kyivindependent.com
January 5, 2026 at 11:50 AM
It was also Moulin Rouge for a brief period, This show was from Nov 1965:

www.youtube.com/watch?v=AN2F...
Lovin` Spoonful 1965 Live. Do You Believe In Magic TNT Show + Lyrics
YouTube video by REPAIR MANUALS
www.youtube.com
January 5, 2026 at 8:45 PM
Tesla has been disconnected from reality this long why not longer?

Disconnecting from reality is the current US national pastime.
January 5, 2026 at 8:30 PM
Reposted by steve from virginia
It's been observed that diplomacy is the art of saying "Nice doggy!" until you can find a rock. But the key point is to actually search for a rock. Is the UK actively working on a solution to our Trident missiles being serviced in America? Weimar Keir doesn't fill me with confidence that it is.
January 5, 2026 at 12:02 PM
Reposted by steve from virginia
Zelensky appoints former Canadian deputy PM as economic advisor
The move comes as Zelensky lays the groundwork for either a peace deal and Ukraine's post-war reconstruction, or the continuation of the war, with recent appointments aimed at preparing the country for both.
Zelensky appoints former Canadian deputy PM as economic advisor
kyivindependent.com
January 5, 2026 at 12:10 PM
Reposted by steve from virginia
Ukraine's long range capabilities that make Putin worried...
January 5, 2026 at 6:51 PM
Reposted by steve from virginia
Claire’s and The Original Factory Shop near collapse, putting 2,550 jobs at risk. Owner Modella starts insolvency proceedings for both chains, saying trading is ‘extremely challenging’.
www.theguardian.com/business/202...
Claire’s and The Original Factory Shop near collapse, putting 2,550 jobs at risk
Owner Modella starts insolvency proceedings for both chains, saying trading is ‘extremely challenging’
www.theguardian.com
January 5, 2026 at 6:40 PM
Why are robo-taxis worth anything?
January 5, 2026 at 6:47 PM
I would say that US oil companies - the presumed beneficiaries of Trump's capture of Maduro - are leery of investing in the Venezuela oil play.

Trump believes complex problems that have festered for decades are easy to solve just because.

www.politico.com/news/2026/01...
Trump admin sends tough private message to oil companies on Venezuela
The White House has told companies they must rebuild Venezuela's crude-pumping infrastructure if they want compensation for assets seized by Caracas.
www.politico.com
January 5, 2026 at 6:45 PM
Reposted by steve from virginia
From. t.me/United24media

Over the past week, #Russia launched more than 1,070 guided aerial bombs, almost a thousand strike drones, and six missiles at #Ukraine, #President_Zelenskyy said.

“Everything agreed with our partners must be activated to the maximum. Every air defence missile now sitting
January 4, 2026 at 5:58 PM
Actually, it is the insurance companies who received the subsidies, not the citizens.

Now ... ?

Citizens cannot replace government (debt funded) bailouts out of their pockets. It is the INSURANCE COMPANIES that are going to lose when citizens refuse to pay.

Or are unable to.
January 5, 2026 at 4:57 PM
Translating from 'Trumpspeak' he refers to the nationalization of US oil properties in Venezuela starting in 1976.

BTW, this followed Saudi government taking over Aramco (Arab-American Company) after Yom Kippur War.

Saudis better watch out!
January 5, 2026 at 3:58 PM