Oh it keeps getting better. Russian central bank admits to printing 5trn roubles (£25bn or so, c.2.5% of GDP) and says more is coming. Stock market falling. https://x.com/realjakebroe/status/20695955… (View Post)

Today’s sad news, the Russians say that the Moscow refinery is going to be shut down for at least six months, probably a year. It’s totally destroyed. https://x.com/bayraktar_1love/status/20697459846… (View Post)

One remembers Gordon Brown’s “Investment” in PFI Skools’n’Ospitals, followed by his “Investment in tax credits. Politicians still don’t understand the difference between CapEx and OpEx, none of them … (View Post)

Ouch! But will still probably have to go, when in the UK for a couple of weeks in the summer. (View Post)

It’s not just petrol! Suggestions that Russian logistics issues are causing problems for banks. https://x.com/maria_drutska/status/2069407681949860161 This could quickly get fun, for certain definiti… (View Post)