Robert Owen
@petit-a.bsky.social
Gen X phd, thrown into the briar patch of commerce.
Have a wonderful day.
Pseudonym.
Have a wonderful day.
Pseudonym.
So, is shadow bank loan collapse not a “systemic risk” to real banks?
No more “saving the system” — every time a degenerate gambler gets upside down?
That sounds too good to be true.
No more “saving the system” — every time a degenerate gambler gets upside down?
That sounds too good to be true.
November 18, 2025 at 12:52 AM
So, is shadow bank loan collapse not a “systemic risk” to real banks?
No more “saving the system” — every time a degenerate gambler gets upside down?
That sounds too good to be true.
No more “saving the system” — every time a degenerate gambler gets upside down?
That sounds too good to be true.
That's right. A decade into the Trump era, liberal jouissance is still not much more than the hating of Trump.
November 17, 2025 at 8:13 PM
That's right. A decade into the Trump era, liberal jouissance is still not much more than the hating of Trump.
Maybe true, but there’s really no preparing for that. I’ll go with the simpler thesis that asset holders will be protected with bailouts.
The SVB depositor bailouts in 2023 (a pure giveaway that sparked no protests) suggest to me that America will keep “saving the system.”
The SVB depositor bailouts in 2023 (a pure giveaway that sparked no protests) suggest to me that America will keep “saving the system.”
November 17, 2025 at 3:27 PM
Maybe true, but there’s really no preparing for that. I’ll go with the simpler thesis that asset holders will be protected with bailouts.
The SVB depositor bailouts in 2023 (a pure giveaway that sparked no protests) suggest to me that America will keep “saving the system.”
The SVB depositor bailouts in 2023 (a pure giveaway that sparked no protests) suggest to me that America will keep “saving the system.”
That happened in 2008 and the US went wild with bailouts and cheap money. It’s all they know now.
November 17, 2025 at 3:12 PM
That happened in 2008 and the US went wild with bailouts and cheap money. It’s all they know now.
Banks are deep in private credit/shadow banking generally. See for example, JPM’s big loss on Tricolor (a shadow bank).
In AI lending, Blue Owl (a shadow bank) is already blocking redemptions.
America learned nothing from 2008. The rules are the same, so the outcome will be the same: bailouts.
In AI lending, Blue Owl (a shadow bank) is already blocking redemptions.
America learned nothing from 2008. The rules are the same, so the outcome will be the same: bailouts.
November 17, 2025 at 3:10 PM
Banks are deep in private credit/shadow banking generally. See for example, JPM’s big loss on Tricolor (a shadow bank).
In AI lending, Blue Owl (a shadow bank) is already blocking redemptions.
America learned nothing from 2008. The rules are the same, so the outcome will be the same: bailouts.
In AI lending, Blue Owl (a shadow bank) is already blocking redemptions.
America learned nothing from 2008. The rules are the same, so the outcome will be the same: bailouts.
Well sure, that’s right in the long run.
But what’s going to happen next is another round of bailouts.
But what’s going to happen next is another round of bailouts.
November 17, 2025 at 9:15 AM
Well sure, that’s right in the long run.
But what’s going to happen next is another round of bailouts.
But what’s going to happen next is another round of bailouts.
So, what happens when the shadow bank debt blows out actual banks? And stocks start crashing?
Bailouts, bailouts.
Asset price deflation will not be allowed by either party. The system will be “saved” until it creates hyperinflation.
Bailouts, bailouts.
Asset price deflation will not be allowed by either party. The system will be “saved” until it creates hyperinflation.
November 17, 2025 at 7:13 AM
So, what happens when the shadow bank debt blows out actual banks? And stocks start crashing?
Bailouts, bailouts.
Asset price deflation will not be allowed by either party. The system will be “saved” until it creates hyperinflation.
Bailouts, bailouts.
Asset price deflation will not be allowed by either party. The system will be “saved” until it creates hyperinflation.
Do you have a favorite edition for reading?
November 16, 2025 at 3:34 PM
Do you have a favorite edition for reading?
If Britons lived in a society, they could easily come up with a collective solution to that insecurity.
But no, Thatcher's individuals face the void alone.
But no, Thatcher's individuals face the void alone.
November 15, 2025 at 3:56 PM
If Britons lived in a society, they could easily come up with a collective solution to that insecurity.
But no, Thatcher's individuals face the void alone.
But no, Thatcher's individuals face the void alone.
It's totally America. 100%
The USA sent a generation of poor kids to fight nasty colonial wars abroad, while American cops were trained in counterinsurgency policing (and armed up).
The colonial boomerang has come back home.
The USA sent a generation of poor kids to fight nasty colonial wars abroad, while American cops were trained in counterinsurgency policing (and armed up).
The colonial boomerang has come back home.
November 15, 2025 at 3:54 PM
It's totally America. 100%
The USA sent a generation of poor kids to fight nasty colonial wars abroad, while American cops were trained in counterinsurgency policing (and armed up).
The colonial boomerang has come back home.
The USA sent a generation of poor kids to fight nasty colonial wars abroad, while American cops were trained in counterinsurgency policing (and armed up).
The colonial boomerang has come back home.
Late-stage capitalism doing its thing all over the world.
November 15, 2025 at 7:40 AM
Late-stage capitalism doing its thing all over the world.
I’m sure Pam Bondi’s DOJ and Kash Patel’s FBI have kept all these Epstein files complete and ready for full review.
November 14, 2025 at 12:40 AM
I’m sure Pam Bondi’s DOJ and Kash Patel’s FBI have kept all these Epstein files complete and ready for full review.
Yeah, but that 36% LOVE the man.
He’s tapped into their revenge/resentment fantasies, and that’s powerful stuff.
He’s tapped into their revenge/resentment fantasies, and that’s powerful stuff.
November 13, 2025 at 3:49 AM
Yeah, but that 36% LOVE the man.
He’s tapped into their revenge/resentment fantasies, and that’s powerful stuff.
He’s tapped into their revenge/resentment fantasies, and that’s powerful stuff.
Just when you thought the NYT couldn’t be any worse.
November 13, 2025 at 3:03 AM
Just when you thought the NYT couldn’t be any worse.
Merrick Garland reminds everyone to respect the process.
November 13, 2025 at 2:28 AM
Merrick Garland reminds everyone to respect the process.
My liberal friends tell me that she was someone once — but I can’t recall who that was supposed to be.
November 13, 2025 at 1:17 AM
My liberal friends tell me that she was someone once — but I can’t recall who that was supposed to be.
Clinton’s pick for VP — here proving what leftists have been saying about the party elite for decades.
November 12, 2025 at 11:53 PM
Clinton’s pick for VP — here proving what leftists have been saying about the party elite for decades.
The people who own the country can.
November 12, 2025 at 7:44 AM
The people who own the country can.
AI occupies, in language, the position of the pervert. The user’s enjoyment is its existence.
Empowering perverts at scale is a really bad idea…
Empowering perverts at scale is a really bad idea…
November 12, 2025 at 5:32 AM
AI occupies, in language, the position of the pervert. The user’s enjoyment is its existence.
Empowering perverts at scale is a really bad idea…
Empowering perverts at scale is a really bad idea…
“Falling leaves return to their roots.”
Last Boomer president going for a jungle war.
Last Boomer president going for a jungle war.
November 11, 2025 at 8:53 PM
“Falling leaves return to their roots.”
Last Boomer president going for a jungle war.
Last Boomer president going for a jungle war.
Reminds me of a Gore Vidal gag:
“I will now say three saddest words in the English language.
[slowly]
Joyce
Carol
Oates.”
“I will now say three saddest words in the English language.
[slowly]
Joyce
Carol
Oates.”
November 11, 2025 at 5:49 AM
Reminds me of a Gore Vidal gag:
“I will now say three saddest words in the English language.
[slowly]
Joyce
Carol
Oates.”
“I will now say three saddest words in the English language.
[slowly]
Joyce
Carol
Oates.”
Chuck is in a different room.
It’s warm there and filled with money.
It’s warm there and filled with money.
November 11, 2025 at 5:15 AM
Chuck is in a different room.
It’s warm there and filled with money.
It’s warm there and filled with money.
If hosing prices decline and become affordable — we will all die.
This is American Ponzi Econ 101.
This is American Ponzi Econ 101.
November 11, 2025 at 12:10 AM
If hosing prices decline and become affordable — we will all die.
This is American Ponzi Econ 101.
This is American Ponzi Econ 101.
Clinton could have tapped Sanders for a unity ticket in 2016.
Instead she picked this bozo for VP.
But sure, blame it all on Ralph Nader.
Instead she picked this bozo for VP.
But sure, blame it all on Ralph Nader.
November 10, 2025 at 8:16 PM
Clinton could have tapped Sanders for a unity ticket in 2016.
Instead she picked this bozo for VP.
But sure, blame it all on Ralph Nader.
Instead she picked this bozo for VP.
But sure, blame it all on Ralph Nader.
It's good for the stock market.
November 10, 2025 at 4:36 AM
It's good for the stock market.