MacroKurd retweeted
Todo mundo discutindo QUEM vai ser o próximo ministro da Fazenda. Durigan fica? Vem o Alckmin? O Fonteles?
Samuel Pessôa cravou: vocês estão discutindo a pergunta errada.
Para ele, pouco importa o nome que vai sentar naquela cadeira. O que decide o juro não é o ministro. É a conta do gasto público.
O juro no Brasil é alto não porque o Banco Central erra. É alto porque o gasto primário cresce sistematicamente mais rápido que a economia, numa economia que já roda à plena carga.
Nos anos Lula, o gasto primário real cresceu, em média, 7,8% ao ano. A economia cresceu 4%. Quase o dobro. Quando o Estado avança sobre a economia nessa velocidade, ano após ano, a pressão inflacionária vira permanente. E o juro alto, também.
O problema, é que o presidente aparentemente não liga uma coisa à outra (não enxerga o gasto como causa do juro).
Dá pra aumentar imposto, cortar subsídio, melhorar o primário. Tudo isso ajuda na dívida e no risco-país. Mas, pra o juro real cair de verdade, só existe um caminho: o gasto parar de crescer mais que a economia.
Ou seja: a bola não está com a Fazenda. Está com o Planalto.
Perhaps Game Theory is underrated 2/2
Perhaps Game Theory is underrated 1/2
Perhaps the Iranians are waiting for post Israel elections too in a week.
Sweet spot = between Israel elections and US midterms
nitter.cf/macrokurd/status/21077…
MacroKurd retweeted
🇨🇳 🇮🇷 Beijing will soon send Middle East envoy Zhai Jun to Iran, Oman and Saudi Arabia to promote peace talks and de-escalation, China’s Foreign Ministry says.
I'm pretty sure this won't happen. And when it's not as bad as this, it's a sigh of relief.
And that's how these 'leaks' tend to be used.
Se isso aqui for levado à frente, a Bolsa colapsa em 30% e o Dólar vai para R$ 6,00/R$ 6,50 na largada.
Resumindo: juro baixado na canetada, queima de reservas cambiais para segurar artificialmente o Real.
O simples fato disso estar sendo avaliado já é o suficiente para implodir o mercado.
Em pouto tempo, o Brasil voltaria à década de 80, com hiperinflação e baixo crescimento crônico.
It's all about China
Is China stepping in more assertively to advance US-Iran negotiations and help shape a more stable Middle Eastern regional order aligned with its own interests?
The simultaneous presence in Beijing of Oman's Sultan and Ali Bagheri Kani, deputy secretary of Iran's Supreme National Security Council, is intriguing.
Chinese FM Wang Yi told Bagheri that Beijing supports Iran in defending its sovereignty and security, while emphasizing diplomacy as the path to resolving the conflict.
Al Mayadeen, a Lebanese outlet close to Hezbollah and the Iran-aligned regional camp, reports that a trilateral meeting in Beijing, coinciding with visits by Oman's Sultan and a senior Iranian security official, explored reviving Omani mediation between Tehran and Washington, backed by Chinese economic and security guarantees. These claims remain unconfirmed.
Yet such a framework could address a central obstacle to any agreement: Tehran's profound distrust that Washington will honor its commitments.
Chinese guarantees could help underpin a more durable settlement, while Beijing has its own compelling interest in preventing renewed conflict and securing energy imports from the Persian Gulf.
MacroKurd retweeted
Iraq: October crude/co supply recovered to ~ 4 MBPD (~ -300 KBPD pre-war) and exports are now > 3.0 MBPD. And its not all PG flows, it is also incremental Kirkuk loadings from Ceyhan. Another fascinating recovery like KSA and UAE, using a viable bypass.
MacroKurd retweeted
“Iran is the gas station of Xi Jinping.”
Richard Miniter just claimed that Trump’s war in Iran is actually “designed to prevent a war” between China and Taiwan.
And he told me that Chinese military documents argue for “war in Taiwan in 2027.”
“That’s next year.”
Iran, he says, provides China with “below market fuel, oil and natural gas.”
“And it needs that fuel to maintain its economy.”
“How would you prevent China from invading Taiwan and forcing the United States to fight across the vast and cold Pacific Ocean?”
“If you take out their source of oil and natural gas and other energy products from Iran, it’s not able to have this war over here in Taiwan.”
“You can prevent a war in the Far East by taking out a regime that deserves to go anyway, from the Trump perspective.”
“I don’t think the American public has been presented with the global benefits of the Trump strategy.”
There's an eery silence in Brazil from the Lula government. And it may well be they are concerned and worried about what comes next from the US after the midterm elections. The supreme court has been playing with fire.
I am going to write something below that should be seen as the musings of one who celebrated – and still celebrates – Lula’s victory over Bolsonaro Jr. Here it goes:
I cannot for the life of me justify why o why Brazil’s courts had to demand of Bolsonaro that he hands over his passport the moment he lost the election. That he disputed the veracity of the election result is a sign of a faulty character, evidence that he is a bad loser. BUT, he had every right to being a bad loser; to dispute, rightly or wrongly, any result.
As for the argument that he was being investigated for other misdemeanours or crimes, that doesn’t wash either: What would have happened if Bolsonaro had won the election? Would the judges also prevent him from travelling abroad, as President-elect? I very much doubt that – which means that the judges were conflating executive and judicial powers.
To those who tell me that the Bolsonaro clan is a fascistic, criminal family, my reply is: You and I may very well think that. Alas, the judiciary has no right to use its powers to indict and to pursue someone because – or immediately after – they lost an election. It is shameful, to be precise. And it is also dangerous for those of us on the left who know what it means to be banned and hounded by rogue judges and police commissioners.
But I also have a message to Bolsonaro supporters, or those sitting on the fence, who assume that Lula is somehow behind the judges. He is not! This is the same court that imprisoned, falsely, Lula himself. What we have in Brazil is a judiciary that overreaches and habitually crosses the line that ought to separate judicial from political power.
It is such a shame that a judge took it upon himself to go after Bolsonaro on the eve of his defeat and, in doing so, to sully Lula’s stupendous victory.
One last point that my comrades in Brazil should note: If Bolsonaro and Rubio wanted to mount a campaign against Lula and Brazilian democracy they could never have been aided better than by that judge’s reckless writ.
It's strategic. Bibi is now worried of a potential Eizenkot deal making with the arab parties. He's confronting that risk head on.
MacroKurd retweeted
The Petroleum University of Technology is run by Iran's Ministry of Petroleum. This is definitely a Master's student and not 3 Iranian intelligence specialists stacked in a trench coat. The Iranian regime is asking to use my data 😂
MacroKurd retweeted
Israel election.
Whoever wins, we look forward to Von de Leyen and Carney declaring it a victory for democracy.
Taken literally, any free and fair result is a win for democracy.
Leaders don't use the phrase literally, though. It's diplomatic code to signal a preference.
Lula is a vocal critic of Trump, and his win comes as relief to those worried about growing US influence in Latin America. Carney and von der Leyen would hardly have used the same words about a Flávio win.
If there is a unity gov...with Eizenkot-Bibi..and omits Ben Gvir and maybe Smotrich...and maybe does rotation of leadership between Bibi and Eisenkot...IF!....I assume..market will take that well
MacroKurd retweeted
מאז פתיחת הקלפיות ועד עכשיו 9 ציוצים שונים של נתניהו שמנסים לעשות דה לגיטימציה לציבור ולקול הערבי בבחירות. זאת מבלי לספור את שיחות הטלפון, הסמסים ושאר כלי התעמולה
ELEIÇÃO ROUBADA NO BRASIL? 🇧🇷
BRAZIL ELECTION STEAL? 🇺🇸
🇧🇷Este professor de matemática aponta que os dados divulgados pelo TSE na noite da eleição, no Brasil, revelam padrões de alterações algorítmicas que prejudicaram @FlavioBolsonaro à medida que a apuração avançava. Ele estima que Flavio deveria ter vencido com cerca de 65% dos votos.
🇺🇸This mathematics professor shows the data that came out of the TSE on election night in Brazil shows patterns of algorithmic shifts that penalized @FlavioBolsonaro as the counts came in. He projects that Flavio should have won by about 65% of the vote.






















