Fictitious Capital
@fictitious_cap
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Writing about commodities, energy, and macro @ https://t.co/XZCKgnXZ4n | Vibes-maxxing
Joined November 2021
“Men make their own history, but they do not make it just as they please; they do not make it under circumstances chosen by themselves, but under circumstances directly encountered, given and transmitted from the past.” — Marx Everyone knows the world is changing in ways we
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This is a good example of why any worldview / analysis that treats the nation-state as the primary agent can’t be moral or consistent or accurate. A nation consists of many actors, most of whom are antagonistic — one class leeching off another, one ethnicity oppressing another,
Let me make this simple for those sitting on the fence, clutching their moral superiority like a security blanket while terrorists butcher our people. There are only two sides in this fight. You either stand with Pakistan, with the nation that has absorbed thousands of
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🇵🇰 should be at the top of everyone's fascism watchlist honestly. It's a country with a large population, geostrategic importance, and as weak a foundation as nation-state out there. Buoyed by global events, soon we may see a phase shift from "this is the usual" to "this is
Spraying cold water in this cold weather on peaceful protestors who have lost their family members - is this what the Pakistani state has come down to? Have a heart @anwaar_kakar this is all happening under your watch @ICT_Police @akbarnasirkhan this is illegal & unacceptable
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Doing this is bad enough. Doing it in the last 10 nights of Ramazan is horrible. Watching people cheer it on while also talking about their Ramazan worship is just evil. Religious parable levels of corruption in the “ummah”.
BREAKING: A Taliban spokesperson says Pakistani struck a drug rehabilitation hospital in Kabul, killing or injuring an unspecified number of people, reports Reuters.
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There’s too much 4th turning / Dalio cycle talk. History is much more complex. What Balaji says below is what I wrote about a 2 years ago. It’s a different & richer way of understanding the forces shaping the present chaos — also shaping future potentialities.
If Iran wins, it's the end of five eras. 1991-2026: the unipolar era 1974-2026: the petrodollar era 1945-2026: the postwar era 1776-2026: the union era 1492-2026: the Western era Specifically, the end of the petrodollar (1974) would also be the end of the unipolar moment (1991)
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Saturday afternoon in the village of Wadi al-Rahim. Mohammed Shnaran, a 57-year-old farmer, was out in his barley field because a settler had driven a herd of cows into his crops. Mohammed and his sons had spent months cultivating that field. When Mohammed tried to call the
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Mustafa, the surviving child, says goodbye to his family after they were killed by Israeli forces in Tammun, south of Tubas.
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The IDF shot up a family of 6 in a car. 2 parents and 4 kids aged 5-11. Then they removed the 11 year old who survived and beat him. *After* they beat him, they asked him who they had just killed. The boy said his family, and they kept yelling at him, calling him “liar, liar”.
IDF fatally shoots Palestinian father, mother and two children in West Bank https://t.co/DG4g2NLVKd
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Everyone talking about energy and oil. Here's some charts on what oil and why our consumption of it is a lot more the gasoline. Wrote a primer on everything you need to know about oil (the products, countries, and companies) a couple years ago -- link 👇
Everyone is talking about energy and oil. Here is matching oil type, supplier and buyer as illustrated. More featured on today's Chartbook Top Links in the comment below.
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Lolll mainstream economists discovering in real time that optimizing for short term costs / discounting material risks wasn’t a great idea.
getting slightly out of my lane. fascinating how the security of a 4 miles wide piece of sea determines whether the conflict is limited to the middle east, or whether it affects all the countries in the world. fascinating how drone technology and low cost is such that it seems
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The fact of the matter is that there is no winning situation for the Gulf states. If Iran wins anything meaningful, the Gulf states lose power to the rival they’ve built their whole security narrative against. If Iran gets destroyed, then there’s no more boogeyman and the
If the war ends today as it is right now, it simply is a massive loss for the Gulf and there's no other way to spin this, they now live with an existential risk next door and essentially a societal repricing of all their assets as a result. Its the uneasy situation Kuwait
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Crazy overlaps happening on the TL. Is this the polycrisis!?
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The U.S. committed a blatant and desperate crime by attacking a freshwater desalination plant on Qeshm Island. Water supply in 30 villages has been impacted. Attacking Iran's infrastructure is a dangerous move with grave consequences. The U.S. set this precedent, not Iran.
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“the fourth school in 6 days” Read that again.
🚨 BREAKING: U.S.–Israeli missiles have hit an elementary school in Tehran — the fourth school in 6 days ➤ Foreign Ministry spokesperson Esmail Baghaei shared video that shows Shahid Hamedani Elementary School before and after the strike. A casualty toll was not immediately
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Surprise surprise.
Pakistan: The State Department updated the Travel Advisory for Pakistan to reflect the ordered departure of non-emergency U.S. government personnel and family members of government personnel from U.S. Consulates Lahore and Karachi. Read the full advisory: https://t.co/Lz0vTwzQgs
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🚨 Fifty-one schoolgirls were killed and 60 were injured when a strike destroyed a girls’ elementary school in Minab, southern Iran, Iranian media has reported Follow the latest ⬇️ https://t.co/okQc7Buhe0
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Remember when WEF said the global liberal order was dead and everyone was triumphalist? Lol.
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